Filed: 4/28/2023ACC: 0000762152-23-000005
📋 What this filing means
STATE OF MICHIGAN RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 968 equity positions with a total reported market value of $15.21B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
968
Positions
$15.21B
Total AUM (reported)
180.35M
Total Shares
Allocation by class
COM$10.50B69.0%
TR UNIT$1.49B9.8%
CL A$723.77M4.8%
COM NEW$383.10M2.5%
IBOXX INV CP ETF$339.51M2.2%
MSCI USA MMENTM$261.15M1.7%
CAP STK CL A$247.85M1.6%
Portfolio Concentration
Top 3$2.93B19.2%
4–10$1.94B12.7%
11–25$1.96B12.9%
Rest$8.39B55.1%
Top 3 weight
19.2%
Top 10 weight
32.0%
Voting Authority Distribution
Total shares with voting rights: 180.35M
Sole
Full voting authority
180.35M
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)
Sole968
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings968
Rows:
SPDR S P 500 ETF TR
SOLEShares3.63M
TypeSH
Market value$1.49B
9.77%
Sole
3.63M
Shared
0.00
None
0.00
APPLE INC
SOLEShares4.68M
TypeSH
Market value$772.08M
5.08%
Sole
4.68M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.31M
TypeSH
Market value$667.13M
4.39%
Sole
2.31M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.10M
TypeSH
Market value$339.51M
2.23%
Sole
3.10M
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares8.12M
TypeSH
Market value$315.92M
2.08%
Sole
8.12M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares2.88M
TypeSH
Market value$297.58M
1.96%
Sole
2.88M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.88M
TypeSH
Market value$261.15M
1.72%
Sole
1.88M
Shared
0.00
None
0.00
ATT INC
SOLEShares13.19M
TypeSH
Market value$253.85M
1.67%
Sole
13.19M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.39M
TypeSH
Market value$247.85M
1.63%
Sole
2.39M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares801.81K
TypeSH
Market value$222.72M
1.46%
Sole
801.81K
Shared
0.00
None
0.00
APOLLO GLOBAL MGMT INC
SOLEShares2.96M
TypeSH
Market value$186.71M
1.23%
Sole
2.96M
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares372.22K
TypeSH
Market value$175.91M
1.16%
Sole
372.22K
Shared
0.00
None
0.00
TESLA INC
SOLEShares738.56K
TypeSH
Market value$153.22M
1.01%
Sole
738.56K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.47M
TypeSH
Market value$152.72M
1.00%
Sole
1.47M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares697.21K
TypeSH
Market value$147.77M
0.97%
Sole
697.21K
Shared
0.00
None
0.00
VISA INC
SOLEShares646.72K
TypeSH
Market value$145.81M
0.96%
Sole
646.72K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares369.18K
TypeSH
Market value$134.16M
0.88%
Sole
369.18K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares1.13M
TypeSH
Market value$124.01M
0.82%
Sole
1.13M
Shared
0.00
None
0.00
JOHNSON JOHNSON
SOLEShares752.62K
TypeSH
Market value$116.66M
0.77%
Sole
752.62K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares363.65K
TypeSH
Market value$112.28M
0.74%
Sole
363.65K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares376.78K
TypeSH
Market value$111.20M
0.73%
Sole
376.78K
Shared
0.00
None
0.00
JPMORGAN CHASE CO
SOLEShares805.53K
TypeSH
Market value$104.97M
0.69%
Sole
805.53K
Shared
0.00
None
0.00
TELADOC HEALTH INC
SOLEShares3.83M
TypeSH
Market value$99.27M
0.65%
Sole
3.83M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares387.66K
TypeSH
Market value$96.98M
0.64%
Sole
387.66K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares647.84K
TypeSH
Market value$96.33M
0.63%
Sole
647.84K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S P 500 ETF TRSOLE | TR UNIT | 3.63M | SH | $1.49B 9.77% | 3.63M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 4.68M | SH | $772.08M 5.08% | 4.68M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.31M | SH | $667.13M 4.39% | 2.31M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 3.10M | SH | $339.51M 2.23% | 3.10M | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 8.12M | SH | $315.92M 2.08% | 8.12M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 2.88M | SH | $297.58M 1.96% | 2.88M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA MMENTM | 1.88M | SH | $261.15M 1.72% | 1.88M | 0.00 | 0.00 |
ATT INCSOLE | COM | 13.19M | SH | $253.85M 1.67% | 13.19M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.39M | SH | $247.85M 1.63% | 2.39M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 801.81K | SH | $222.72M 1.46% | 801.81K | 0.00 | 0.00 |
APOLLO GLOBAL MGMT INCSOLE | COM | 2.96M | SH | $186.71M 1.23% | 2.96M | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 372.22K | SH | $175.91M 1.16% | 372.22K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 738.56K | SH | $153.22M 1.01% | 738.56K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.47M | SH | $152.72M 1.00% | 1.47M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 697.21K | SH | $147.77M 0.97% | 697.21K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 646.72K | SH | $145.81M 0.96% | 646.72K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 369.18K | SH | $134.16M 0.88% | 369.18K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 1.13M | SH | $124.01M 0.82% | 1.13M | 0.00 | 0.00 |
JOHNSON JOHNSONSOLE | COM | 752.62K | SH | $116.66M 0.77% | 752.62K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 363.65K | SH | $112.28M 0.74% | 363.65K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 376.78K | SH | $111.20M 0.73% | 376.78K | 0.00 | 0.00 |
JPMORGAN CHASE COSOLE | COM | 805.53K | SH | $104.97M 0.69% | 805.53K | 0.00 | 0.00 |
TELADOC HEALTH INCSOLE | COM | 3.83M | SH | $99.27M 0.65% | 3.83M | 0.00 | 0.00 |
ISHARES TRSOLE | CORE SP MCP ETF | 387.66K | SH | $96.98M 0.64% | 387.66K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 647.84K | SH | $96.33M 0.63% | 647.84K | 0.00 | 0.00 |
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