STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q4 2022
Top Holdings967 positions
STATE STR SPDR S&P 500 ETF T | 3.9M | $1.5B | 10.3% | $363.96 | +0.22% | 16 qtrssince 2019-Q1 | Decreased 0 |
APPLE INC | 4.7M | $609.9M | 4.3% | $67.94 | +87.89% | 16 qtrssince 2019-Q1 | Decreased 0 |
MICROSOFT CORP | 2.4M | $569.1M | 4.0% | $135.84 | +71.33% | 16 qtrssince 2019-Q1 | Decreased 0 |
AT&T INC | 18M | $331.7M | 2.3% | $14.55 | +2.00% | 16 qtrssince 2019-Q1 | Decreased 0 |
ISHARES TR | 3.1M | $326.6M | 2.3% | $105.62 | -15.04% | 11 qtrssince 2020-Q2 | Unchanged 0 |
VERIZON COMMUNICATIONS INC | 8.1M | $319.6M | 2.2% | $33.66 | -10.32% | 16 qtrssince 2019-Q1 | Increased 60 |
ISHARES TR | 1.8M | $259.2M | 1.8% | $153.95 | -8.59% | 10 qtrssince 2020-Q3 | Increased 48 |
AMAZON COM INC | 2.8M | $239M | 1.7% | $97.17 | -13.56% | 16 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC | 2.4M | $209.7M | 1.5% | $69.63 | +25.51% | 16 qtrssince 2019-Q1 | Decreased 0 |
UNITEDHEALTH GROUP INC | 369,519 | $195.9M | 1.4% | $258.96 | +90.06% | 16 qtrssince 2019-Q1 | Increased 50 |
VISA INC | 644,923 | $134M | 0.9% | $166.19 | +21.49% | 16 qtrssince 2019-Q1 | Increased 48 |
JOHNSON & JOHNSON | 745,224 | $131.6M | 0.9% | $120.65 | +31.53% | 16 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC | 1.5M | $131.5M | 0.9% | $62.57 | +40.49% | 16 qtrssince 2019-Q1 | Decreased 0 |
MASTERCARD INCORPORATED | 368,181 | $128M | 0.9% | $254.48 | +33.61% | 16 qtrssince 2019-Q1 | Increased 42 |
APOLLO GLOBAL MGMT INC | 2M | $126.4M | 0.9% | $45.09 | +33.28% | 3 qtrssince 2022-Q2 | Decreased 0 |
EXXON MOBIL CORP | 1.1M | $123.5M | 0.9% | $56.61 | +74.59% | 16 qtrssince 2019-Q1 | Decreased 0 |
HOME DEPOT INC | 390,084 | $123.2M | 0.9% | $189.93 | +50.82% | 16 qtrssince 2019-Q1 | Increased 44 |
NVIDIA CORPORATION | 802,906 | $117.3M | 0.8% | $8.77 | +66.06% | 16 qtrssince 2019-Q1 | Decreased 0 |
BERKSHIRE HATHAWAY INC DEL | 358,549 | $110.8M | 0.8% | $209.67 | +47.33% | 16 qtrssince 2019-Q1 | Increased 42 |
JPMORGAN CHASE & CO | 797,131 | $106.9M | 0.7% | $81.29 | +51.07% | 16 qtrssince 2019-Q1 | Increased 42 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $14.4B across 967 positions as of Q4 2022. Top holdings: SPY (10.3%), AAPL (4.3%), MSFT (4.0%). Fund DNA: Steady Compounder. HoldingsIntel Score: 2.5/5.0.
Active quarter - 17 new positions, 16 exits, 555 increased. Top move: VZ (INCREASED, conviction 60). Portfolio: $14.4B across 967 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
Verify source filings on SEC EDGAR