STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q3 2021
Top Holdings975 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 4.7M | $2B | 11.5% | $370.51 | +10.53% | 11 qtrssince 2019-Q1 | Increased 100 |
MICROSOFT CORP | 2.5M | $702.4M | 4.0% | $131.38 | +108.78% | 11 qtrssince 2019-Q1 | Decreased 0 |
APPLE INC | 4.8M | $672.4M | 3.8% | $99.63 | +38.53% | 11 qtrssince 2019-Q1 | Decreased 0 |
ISHARES IBOXX INVESTMENT GRA | 3.6M | $482.5M | 2.7% | $108.36 | +1.37% | 6 qtrssince 2020-Q2 | Increased 60 |
AMAZON.COM INC | 139,927 | $459.7M | 2.6% | $95.06 | +73.64% | 11 qtrssince 2019-Q1 | Increased 54 |
ISHARES TR | 2.9M | $334.5M | 1.9% | $97.97 | -0.10% | 7 qtrssince 2020-Q1 | Unchanged 0 |
BRISTOL-MYERS SQUIBB CO | 5.4M | $317.5M | 1.8% | $48.91 | -0.62% | 11 qtrssince 2019-Q1 | Increased 63 |
ALPHABET INC-CL A | 110,679 | $295.9M | 1.7% | $61.30 | +117.54% | 11 qtrssince 2019-Q1 | Unchanged 0 |
AT&T INC | 10.9M | $293.8M | 1.7% | $15.94 | -1.71% | 11 qtrssince 2019-Q1 | Increased 64 |
ISHARES MSCI USA MOMENTUM FA | 1.6M | $289M | 1.6% | $155.42 | +8.34% | 5 qtrssince 2020-Q3 | Increased 78 |
ATHENE HLDG LTD | 3.9M | $268.8M | 1.5% | — | — | 9 qtrssince 2019-Q3 | Unchanged 0 |
META PLATFORMS INC-CLASS A | 754,257 | $256M | 1.5% | $176.16 | +91.45% | 11 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC-CL C | 71,861 | $191.5M | 1.1% | $59.41 | +124.76% | 11 qtrssince 2019-Q1 | Decreased 0 |
VERIZON COMMUNICATIONS INC | 3.5M | $191.2M | 1.1% | $41.51 | -1.42% | 11 qtrssince 2019-Q1 | Increased 59 |
ISHARES MSCI USA VALUE FACTO | 1.8M | $182.7M | 1.0% | $90.94 | +0.02% | 5 qtrssince 2020-Q3 | Increased 77 |
ISHARES MSCI USA QUALITY FAC | 1.4M | $178.4M | 1.0% | $125.64 | +0.65% | 5 qtrssince 2020-Q3 | Increased 77 |
NVIDIA CORP | 842,484 | $174.5M | 1.0% | $17.11 | +19.66% | 11 qtrssince 2019-Q1 | Increased 69 |
TESLA INC | 203,700 | $158M | 0.9% | $232.79 | +11.88% | 4 qtrssince 2020-Q4 | Increased 45 |
SALESFORCE.COM INC | 567,492 | $153.9M | 0.9% | $208.51 | +28.17% | 11 qtrssince 2019-Q1 | Increased 51 |
SIMON PROPERTY GROUP INC | 1.2M | $153.7M | 0.9% | $44.51 | +138.30% | 11 qtrssince 2019-Q1 | Decreased 0 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $17.6B across 975 positions as of Q3 2021. Top holdings: SPY (11.5%), MSFT (4.0%), AAPL (3.8%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 2.5/5.0.
Active quarter - 29 new positions, 23 exits, 218 increased. Top move: SPY (INCREASED, conviction 100). Portfolio: $17.6B across 975 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
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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