STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q2 2025
Top Holdings944 positions
NVIDIA Corp. | 8.4M | $1.3B | 6.9% | $12.74 | +1136.82% | 26 qtrssince 2019-Q1 | Decreased 0 |
Microsoft Corp. | 2.3M | $1.1B | 5.8% | $154.37 | +219.07% | 26 qtrssince 2019-Q1 | Increased 62 |
Apple Inc. | 4.4M | $899.3M | 4.7% | $75.93 | +168.90% | 26 qtrssince 2019-Q1 | Decreased 0 |
State Street Spdr S&p 500 Etf Trust TR UNIT | 1.2M | $750.8M | 3.9% | $378.56 | +61.02% | 26 qtrssince 2019-Q1 | Increased 60 |
Amazon.com, Inc. | 3.1M | $689.3M | 3.6% | $104.74 | +109.46% | 26 qtrssince 2019-Q1 | Increased 58 |
Meta Platforms Inc | 864,814 | $638.3M | 3.3% | $248.80 | +195.46% | 26 qtrssince 2019-Q1 | Decreased 0 |
Broadcom Inc | 1.9M | $526.9M | 2.7% | $68.24 | +300.26% | 26 qtrssince 2019-Q1 | Increased 54 |
Alphabet Inc. | 2M | $354.4M | 1.8% | $69.80 | +151.59% | 26 qtrssince 2019-Q1 | Decreased 0 |
ISHARES MSCI USA MOMENTUM FACTOR ETF | 1.2M | $289.8M | 1.5% | $153.59 | +55.05% | 20 qtrssince 2020-Q3 | Decreased 0 |
Alphabet Inc. | 1.6M | $285.4M | 1.5% | $79.07 | +123.56% | 26 qtrssince 2019-Q1 | Increased 51 |
JPMorgan Chase & Co. | 925,631 | $268.3M | 1.4% | $110.22 | +156.86% | 26 qtrssince 2019-Q1 | Increased 50 |
Tesla Inc | 761,957 | $242M | 1.3% | $240.08 | +32.31% | 19 qtrssince 2020-Q4 | Increased 48 |
ISHARES TR | 2.2M | $238.1M | 1.2% | $105.62 | -1.99% | 21 qtrssince 2020-Q2 | Unchanged 0 |
Netflix, Inc. | 171,249 | $229.3M | 1.2% | $37.39 | +258.12% | 26 qtrssince 2019-Q1 | Unchanged 0 |
Visa Inc | 600,023 | $213M | 1.1% | $172.70 | +103.60% | 26 qtrssince 2019-Q1 | Increased 49 |
Eli Lilly & Co. | 265,504 | $207M | 1.1% | $270.85 | +185.38% | 26 qtrssince 2019-Q1 | Increased 48 |
Costco Wholesale Corporation | 175,569 | $173.8M | 0.9% | $424.11 | +131.74% | 26 qtrssince 2019-Q1 | Increased 43 |
Berkshire Hathaway Inc. | 346,529 | $168.3M | 0.9% | $220.61 | +120.20% | 26 qtrssince 2019-Q1 | Increased 43 |
MasterCard Incorporated | 252,081 | $141.7M | 0.7% | $256.68 | +117.28% | 26 qtrssince 2019-Q1 | Decreased 0 |
Palantir Technologies Inc | 938,400 | $127.9M | 0.7% | $31.10 | +320.43% | 18 qtrssince 2021-Q1 | Increased 43 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $19.3B across 944 positions as of Q2 2025. Top holdings: NVDA (6.9%), MSFT (5.8%), AAPL (4.7%). Fund DNA: Steady Compounder. HoldingsIntel Score: 3/5.0.
Active quarter - 7 new positions, 7 exits, 471 increased. Top move: MSFT (INCREASED, conviction 62). Portfolio: $19.3B across 944 positions.
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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
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