Filed: 1/27/2023ACC: 0000762152-23-000004
📋 What this filing means
STATE OF MICHIGAN RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 967 equity positions with a total reported market value of $14.35B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
967
Positions
$14.35B
Total AUM (reported)
188.44M
Total Shares
Allocation by class
COM$9.93B69.2%
TR UNIT$1.48B10.3%
CL A$560.53M3.9%
COM NEW$370.08M2.6%
IBOXX INV CP ETF$326.56M2.3%
MSCI USA MMENTM$259.19M1.8%
CAP STK CL A$209.74M1.5%
Portfolio Concentration
Top 3$2.66B18.6%
4–10$1.88B13.1%
11–25$1.69B11.8%
Rest$8.12B56.6%
Top 3 weight
18.6%
Top 10 weight
31.7%
Voting Authority Distribution
Total shares with voting rights: 188.44M
Sole
Full voting authority
188.44M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole967
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings967
Rows:
SPDR S P 500 ETF TR
SOLEShares3.88M
TypeSH
Market value$1.48B
10.34%
Sole
3.88M
Shared
0.00
None
0.00
APPLE INC
SOLEShares4.69M
TypeSH
Market value$609.95M
4.25%
Sole
4.69M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.37M
TypeSH
Market value$569.10M
3.97%
Sole
2.37M
Shared
0.00
None
0.00
ATT INC
SOLEShares18.02M
TypeSH
Market value$331.69M
2.31%
Sole
18.02M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.10M
TypeSH
Market value$326.56M
2.28%
Sole
3.10M
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares8.11M
TypeSH
Market value$319.59M
2.23%
Sole
8.11M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.78M
TypeSH
Market value$259.19M
1.81%
Sole
1.78M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares2.85M
TypeSH
Market value$238.98M
1.67%
Sole
2.85M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.38M
TypeSH
Market value$209.74M
1.46%
Sole
2.38M
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares369.52K
TypeSH
Market value$195.91M
1.37%
Sole
369.52K
Shared
0.00
None
0.00
VISA INC
SOLEShares644.92K
TypeSH
Market value$133.99M
0.93%
Sole
644.92K
Shared
0.00
None
0.00
JOHNSON JOHNSON
SOLEShares745.22K
TypeSH
Market value$131.64M
0.92%
Sole
745.22K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.48M
TypeSH
Market value$131.47M
0.92%
Sole
1.48M
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares368.18K
TypeSH
Market value$128.03M
0.89%
Sole
368.18K
Shared
0.00
None
0.00
APOLLO GLOBAL MGMT INC
SOLEShares1.98M
TypeSH
Market value$126.37M
0.88%
Sole
1.98M
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares1.12M
TypeSH
Market value$123.46M
0.86%
Sole
1.12M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares390.08K
TypeSH
Market value$123.21M
0.86%
Sole
390.08K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares802.91K
TypeSH
Market value$117.34M
0.82%
Sole
802.91K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares358.55K
TypeSH
Market value$110.76M
0.77%
Sole
358.55K
Shared
0.00
None
0.00
JPMORGAN CHASE CO
SOLEShares797.13K
TypeSH
Market value$106.90M
0.74%
Sole
797.13K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares644.04K
TypeSH
Market value$97.61M
0.68%
Sole
644.04K
Shared
0.00
None
0.00
PFIZER INC
SOLEShares1.76M
TypeSH
Market value$89.96M
0.63%
Sole
1.76M
Shared
0.00
None
0.00
TESLA INC
SOLEShares729.46K
TypeSH
Market value$89.85M
0.63%
Sole
729.46K
Shared
0.00
None
0.00
THERMO FISHER SCIENTIFIC INC
SOLEShares162.61K
TypeSH
Market value$89.55M
0.62%
Sole
162.61K
Shared
0.00
None
0.00
TELADOC HEALTH INC
SOLEShares3.78M
TypeSH
Market value$89.47M
0.62%
Sole
3.78M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S P 500 ETF TRSOLE | TR UNIT | 3.88M | SH | $1.48B 10.34% | 3.88M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 4.69M | SH | $609.95M 4.25% | 4.69M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.37M | SH | $569.10M 3.97% | 2.37M | 0.00 | 0.00 |
ATT INCSOLE | COM | 18.02M | SH | $331.69M 2.31% | 18.02M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 3.10M | SH | $326.56M 2.28% | 3.10M | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 8.11M | SH | $319.59M 2.23% | 8.11M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA MMENTM | 1.78M | SH | $259.19M 1.81% | 1.78M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 2.85M | SH | $238.98M 1.67% | 2.85M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.38M | SH | $209.74M 1.46% | 2.38M | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 369.52K | SH | $195.91M 1.37% | 369.52K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 644.92K | SH | $133.99M 0.93% | 644.92K | 0.00 | 0.00 |
JOHNSON JOHNSONSOLE | COM | 745.22K | SH | $131.64M 0.92% | 745.22K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.48M | SH | $131.47M 0.92% | 1.48M | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 368.18K | SH | $128.03M 0.89% | 368.18K | 0.00 | 0.00 |
APOLLO GLOBAL MGMT INCSOLE | COM | 1.98M | SH | $126.37M 0.88% | 1.98M | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 1.12M | SH | $123.46M 0.86% | 1.12M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 390.08K | SH | $123.21M 0.86% | 390.08K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 802.91K | SH | $117.34M 0.82% | 802.91K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 358.55K | SH | $110.76M 0.77% | 358.55K | 0.00 | 0.00 |
JPMORGAN CHASE COSOLE | COM | 797.13K | SH | $106.90M 0.74% | 797.13K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 644.04K | SH | $97.61M 0.68% | 644.04K | 0.00 | 0.00 |
PFIZER INCSOLE | COM | 1.76M | SH | $89.96M 0.63% | 1.76M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 729.46K | SH | $89.85M 0.63% | 729.46K | 0.00 | 0.00 |
THERMO FISHER SCIENTIFIC INCSOLE | COM | 162.61K | SH | $89.55M 0.62% | 162.61K | 0.00 | 0.00 |
TELADOC HEALTH INCSOLE | COM | 3.78M | SH | $89.47M 0.62% | 3.78M | 0.00 | 0.00 |
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