STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q2 2024
Top Holdings950 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 3.1M | $1.7B | 8.7% | $371.49 | +43.87% | 22 qtrssince 2019-Q1 | Decreased 0 |
MICROSOFT CORP | 2.5M | $1.1B | 5.6% | $154.80 | +185.52% | 22 qtrssince 2019-Q1 | Decreased 0 |
NVIDIA CORP | 8.9M | $1.1B | 5.6% | $112.93 | +9.36% | 22 qtrssince 2019-Q1 | Increased 100 |
APPLE INC | 4.3M | $904.5M | 4.6% | $101.45 | +105.65% | 22 qtrssince 2019-Q1 | Decreased 0 |
AMAZON.COM INC | 3M | $581.9M | 3.0% | $110.09 | +75.55% | 22 qtrssince 2019-Q1 | Increased 54 |
ISHARES TR | 5.1M | $498.5M | 2.6% | $89.22 | 0.00% | 1 qtr | New 81 |
META PLATFORMS INC-CLASS A | 868,314 | $437.8M | 2.3% | $246.70 | +103.39% | 22 qtrssince 2019-Q1 | Increased 54 |
AT&T INC | 20.1M | $383.6M | 2.0% | $14.88 | +18.18% | 22 qtrssince 2019-Q1 | Increased 54 |
ALPHABET INC-CL A | 2.1M | $379.8M | 2.0% | $95.32 | +89.88% | 22 qtrssince 2019-Q1 | Decreased 0 |
BROADCOM INC | 166,566 | $267.4M | 1.4% | $53.34 | +195.42% | 22 qtrssince 2019-Q1 | Decreased 0 |
ISHARES MSCI USA MOMENTUM FA | 1.3M | $252.1M | 1.3% | $153.91 | +24.68% | 16 qtrssince 2020-Q3 | Decreased 0 |
ELI LILLY & CO | 276,904 | $250.7M | 1.3% | $247.48 | +260.29% | 22 qtrssince 2019-Q1 | Increased 50 |
ALPHABET INC-CL C | 1.4M | $249.5M | 1.3% | $95.59 | +90.67% | 22 qtrssince 2019-Q1 | Decreased 0 |
ISHARES IBOXX INVESTMENT GRA | 2.2M | $232.7M | 1.2% | $106.52 | -8.33% | 17 qtrssince 2020-Q2 | Unchanged 0 |
NEXTERA ENERGY INC | 2.8M | $199.2M | 1.0% | — | — | — | — |
BRISTOL-MYERS SQUIBB CO | 4.8M | $198M | 1.0% | $41.87 | -10.96% | 22 qtrssince 2019-Q1 | Increased 78 |
ADVANCED MICRO DEVICES | 1M | $169.6M | 0.9% | $83.13 | +95.14% | 22 qtrssince 2019-Q1 | Increased 49 |
JPMORGAN CHASE & CO | 786,431 | $159.1M | 0.8% | $83.85 | +132.43% | 22 qtrssince 2019-Q1 | Decreased 0 |
VISA INC-CLASS A SHARES | 581,923 | $152.7M | 0.8% | $167.29 | +54.26% | 22 qtrssince 2019-Q1 | Decreased 0 |
COSTCO WHOLESALE CORP | 178,369 | $151.6M | 0.8% | $422.56 | +98.68% | 22 qtrssince 2019-Q1 | Increased 48 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $19.5B across 950 positions as of Q2 2024. Top holdings: SPY (8.7%), MSFT (5.6%), NVDA (5.6%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 2.5/5.0.
Active quarter - 18 new positions, 23 exits, 277 increased. Top move: NVDA (INCREASED, conviction 100). Portfolio: $19.5B across 950 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