STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q3 2020
Top Holdings956 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
MICROSOFT CORP | 2.7M | $565.2M | 4.5% | $117.65 | +68.60% | 7 qtrssince 2019-Q1 | Increased 58 |
APPLE INC | 4.9M | $562.8M | 4.5% | $93.03 | +20.65% | 7 qtrssince 2019-Q1 | Increased 93 |
AMAZON.COM INC | 135,571 | $426.9M | 3.4% | $92.04 | +70.83% | 7 qtrssince 2019-Q1 | Increased 57 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 1.2M | $390.7M | 3.1% | $256.77 | +20.32% | 7 qtrssince 2019-Q1 | Increased 59 |
ISHARES IBOXX INVESTMENT GRA | 2M | $265.4M | 2.1% | $108.02 | +0.57% | 2 qtrssince 2020-Q2 | Increased 71 |
ISHARES TR | 2.2M | $262.5M | 2.1% | $98.32 | +0.51% | 3 qtrssince 2020-Q1 | Increased 73 |
META PLATFORMS INC-CLASS A | 728,057 | $190.7M | 1.5% | $165.48 | +57.10% | 7 qtrssince 2019-Q1 | Decreased 0 |
VISA INC-CLASS A SHARES | 852,649 | $170.5M | 1.4% | $151.42 | +26.41% | 7 qtrssince 2019-Q1 | Decreased 0 |
HOME DEPOT INC | 581,556 | $161.5M | 1.3% | $182.06 | +31.60% | 7 qtrssince 2019-Q1 | Unchanged 0 |
ALPHABET INC-CL A | 104,779 | $153.6M | 1.2% | $58.38 | +24.62% | 7 qtrssince 2019-Q1 | Decreased 0 |
BERKSHIRE HATHAWAY INC-CL B | 700,942 | $149.3M | 1.2% | $201.94 | +4.21% | 7 qtrssince 2019-Q1 | Increased 48 |
ATHENE HLDG LTD | 3.9M | $133.1M | 1.1% | — | — | 5 qtrssince 2019-Q3 | Increased 47 |
JOHNSON & JOHNSON | 878,487 | $130.8M | 1.0% | $116.90 | +8.39% | 7 qtrssince 2019-Q1 | Increased 49 |
MASTERCARD INC - A | 373,564 | $126.3M | 1.0% | $232.37 | +40.28% | 7 qtrssince 2019-Q1 | Increased 49 |
PROCTER & GAMBLE CO/THE | 904,796 | $125.8M | 1.0% | $89.49 | +33.33% | 7 qtrssince 2019-Q1 | Increased 42 |
THERMO FISHER SCIENTIFIC INC | 280,518 | $123.9M | 1.0% | $278.22 | +54.01% | 7 qtrssince 2019-Q1 | Increased 43 |
JPMORGAN CHASE & CO | 1.2M | $119.1M | 0.9% | $81.75 | +1.04% | 7 qtrssince 2019-Q1 | Decreased 0 |
UNITEDHEALTH GROUP INC | 374,815 | $116.9M | 0.9% | $227.93 | +22.56% | 7 qtrssince 2019-Q1 | Increased 43 |
CVS HEALTH CORPORATION | 2M | $114.9M | 0.9% | $51.34 | -6.26% | 7 qtrssince 2019-Q1 | Increased 43 |
ALPHABET INC-CL C | 76,161 | $111.9M | 0.9% | $59.41 | +22.75% | 7 qtrssince 2019-Q1 | Increased 43 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $12.6B across 956 positions as of Q3 2020. Top holdings: MSFT (4.5%), AAPL (4.5%), AMZN (3.4%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 3/5.0.
Active quarter - 41 new positions, 16 exits, 507 increased. Top move: AAPL (INCREASED, conviction 93). Portfolio: $12.6B across 956 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