STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q2 2021
Top Holdings969 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
APPLE INC | 5.5M | $753.4M | 4.4% | $99.63 | +33.88% | 10 qtrssince 2019-Q1 | Decreased 0 |
MICROSOFT CORP | 2.8M | $746.5M | 4.4% | $131.38 | +99.14% | 10 qtrssince 2019-Q1 | Increased 64 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 1.3M | $559.1M | 3.3% | $268.80 | +49.50% | 10 qtrssince 2019-Q1 | Increased 60 |
AMAZON.COM INC | 138,827 | $477.6M | 2.8% | $94.51 | +82.43% | 10 qtrssince 2019-Q1 | Increased 55 |
ISHARES IBOXX INVESTMENT GRA | 3.3M | $437.8M | 2.6% | $108.20 | +1.99% | 5 qtrssince 2020-Q2 | Increased 67 |
ISHARES TR | 2.9M | $336M | 2.0% | $97.97 | -0.09% | 6 qtrssince 2020-Q1 | Increased 54 |
ALPHABET INC-CL A | 110,679 | $270.3M | 1.6% | $61.30 | +97.98% | 10 qtrssince 2019-Q1 | Increased 49 |
BRISTOL-MYERS SQUIBB CO | 4M | $264.7M | 1.6% | $49.73 | +10.14% | 10 qtrssince 2019-Q1 | Increased 49 |
META PLATFORMS INC-CLASS A | 758,057 | $263.6M | 1.5% | $176.16 | +98.38% | 10 qtrssince 2019-Q1 | Increased 52 |
ATHENE HLDG LTD | 3.9M | $263.4M | 1.5% | — | — | 8 qtrssince 2019-Q3 | Decreased 0 |
AT&T INC | 7.8M | $225.7M | 1.3% | $16.05 | -0.29% | 10 qtrssince 2019-Q1 | Increased 59 |
SIMON PROPERTY GROUP INC | 1.7M | $219.6M | 1.3% | $44.51 | +128.12% | 10 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC-CL C | 72,661 | $182.1M | 1.1% | $59.41 | +110.55% | 10 qtrssince 2019-Q1 | Decreased 0 |
NVIDIA CORP | 210,771 | $168.6M | 1.0% | $7.02 | +184.45% | 10 qtrssince 2019-Q1 | Increased 43 |
JOHNSON & JOHNSON | 964,387 | $158.9M | 0.9% | $118.65 | +21.44% | 10 qtrssince 2019-Q1 | Increased 43 |
VERIZON COMMUNICATIONS INC | 2.8M | $156.9M | 0.9% | $41.66 | -0.25% | 10 qtrssince 2019-Q1 | Decreased 0 |
HOME DEPOT INC | 487,556 | $155.5M | 0.9% | $188.34 | +51.32% | 10 qtrssince 2019-Q1 | Decreased 0 |
PAYPAL HOLDINGS INC | 530,320 | $154.6M | 0.9% | $140.30 | +108.19% | 10 qtrssince 2019-Q1 | Decreased 0 |
CVS HEALTH CORPORATION | 1.8M | $151.6M | 0.9% | $52.87 | +32.90% | 10 qtrssince 2019-Q1 | Increased 47 |
UGI CORP NEW | 3.1M | $144.3M | 0.8% | $29.75 | +26.46% | 10 qtrssince 2019-Q1 | Decreased 0 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $17B across 969 positions as of Q2 2021. Top holdings: AAPL (4.4%), MSFT (4.4%), SPY (3.3%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 2.5/5.0.
Active quarter - 22 new positions, 28 exits, 310 increased. Top move: LQD (INCREASED, conviction 67). Portfolio: $17.0B across 969 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer