STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q4 2023
Top Holdings958 positions
SPDR S&P 500 ETF TR | 3.4M | $1.6B | 9.5% | $365.17 | +26.04% | 20 qtrssince 2019-Q1 | Decreased 0 |
MICROSOFT CORP | 2.4M | $898.1M | 5.3% | $143.46 | +156.65% | 20 qtrssince 2019-Q1 | Decreased 0 |
APPLE INC | 4.4M | $854M | 5.1% | $67.94 | +179.97% | 20 qtrssince 2019-Q1 | Decreased 0 |
AMAZON COM INC | 3M | $451.7M | 2.7% | $98.38 | +54.44% | 20 qtrssince 2019-Q1 | Increased 54 |
NVIDIA CORPORATION | 905,006 | $448.2M | 2.7% | $12.70 | +288.81% | 20 qtrssince 2019-Q1 | Decreased 0 |
ALPHABET INC | 2.3M | $323.7M | 1.9% | $69.80 | +98.23% | 20 qtrssince 2019-Q1 | Decreased 0 |
VERIZON COMMUNICATIONS INC | 8.2M | $309.7M | 1.8% | $33.62 | -7.79% | 20 qtrssince 2019-Q1 | Increased 49 |
AT&T INC | 18.4M | $308.9M | 1.8% | $14.05 | +2.74% | 20 qtrssince 2019-Q1 | Decreased 0 |
META PLATFORMS INC | 823,514 | $291.5M | 1.7% | $230.28 | +52.25% | 20 qtrssince 2019-Q1 | Increased 53 |
ISHARES TR | 2.2M | $240.4M | 1.4% | $105.62 | -7.05% | 15 qtrssince 2020-Q2 | Decreased 0 |
ISHARES TR | 1.5M | $231.6M | 1.4% | $152.91 | +0.44% | 14 qtrssince 2020-Q3 | Decreased 0 |
ALPHABET INC | 1.4M | $195.6M | 1.2% | $62.57 | +123.13% | 20 qtrssince 2019-Q1 | Decreased 0 |
TESLA INC | 757,157 | $188.1M | 1.1% | $239.47 | +3.76% | 13 qtrssince 2020-Q4 | Increased 48 |
BROADCOM INC | 167,866 | $187.4M | 1.1% | $50.25 | +116.03% | 20 qtrssince 2019-Q1 | Increased 54 |
UNITEDHEALTH GROUP INC | 312,219 | $164.4M | 1.0% | $260.27 | +90.60% | 20 qtrssince 2019-Q1 | Decreased 0 |
MASTERCARD INCORPORATED | 362,181 | $154.5M | 0.9% | $256.68 | +63.46% | 20 qtrssince 2019-Q1 | Decreased 0 |
VISA INC | 588,623 | $153.2M | 0.9% | $167.29 | +52.44% | 20 qtrssince 2019-Q1 | Increased 43 |
ELI LILLY & CO | 239,504 | $139.6M | 0.8% | $162.88 | +251.24% | 20 qtrssince 2019-Q1 | Increased 45 |
JPMORGAN CHASE & CO | 791,531 | $134.6M | 0.8% | $81.69 | +96.36% | 20 qtrssince 2019-Q1 | Decreased 0 |
ADOBE INC | 224,523 | $134M | 0.8% | $425.75 | +40.13% | 20 qtrssince 2019-Q1 | Increased 63 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $16.8B across 958 positions as of Q4 2023. Top holdings: SPY (9.5%), MSFT (5.3%), AAPL (5.1%). Fund DNA: Steady Compounder. HoldingsIntel Score: 2.5/5.0.
Active quarter - 20 new positions, 26 exits, 353 increased. Top move: ADBE (INCREASED, conviction 63). Portfolio: $16.8B across 958 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