Filed: 10/27/2023ACC: 0000762152-23-000007
📋 What this filing means
STATE OF MICHIGAN RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 964 equity positions with a total reported market value of $15.46B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
964
Positions
$15.46B
Total AUM (reported)
178.26M
Total Shares
Allocation by class
COM$10.58B68.4%
TR UNIT$1.53B9.9%
CL A$809.55M5.2%
COM NEW$349.64M2.3%
IBOXX INV CP ETF$316.00M2.0%
CAP STK CL A$303.80M2.0%
SHS$209.16M1.4%
Portfolio Concentration
Top 3$3.06B19.8%
4–10$2.16B14.0%
11–25$2.15B13.9%
Rest$8.09B52.3%
Top 3 weight
19.8%
Top 10 weight
33.8%
Voting Authority Distribution
Total shares with voting rights: 178.26M
Sole
Full voting authority
178.26M
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)
Sole964
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings964
Rows:
SPDR S P 500 ETF TR
SOLEShares3.58M
TypeSH
Market value$1.53B
9.89%
Sole
3.58M
Shared
0.00
None
0.00
APPLE INC
SOLEShares4.50M
TypeSH
Market value$770.89M
4.99%
Sole
4.50M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.41M
TypeSH
Market value$760.27M
4.92%
Sole
2.41M
Shared
0.00
None
0.00
NVIDIA CORP
SOLEShares908.61K
TypeSH
Market value$395.23M
2.56%
Sole
908.61K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares2.95M
TypeSH
Market value$375.25M
2.43%
Sole
2.95M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.10M
TypeSH
Market value$316.00M
2.04%
Sole
3.10M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.32M
TypeSH
Market value$303.80M
1.97%
Sole
2.32M
Shared
0.00
None
0.00
ATT INC
SOLEShares18.47M
TypeSH
Market value$277.49M
1.79%
Sole
18.47M
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares8.12M
TypeSH
Market value$263.25M
1.70%
Sole
8.12M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares755.61K
TypeSH
Market value$226.84M
1.47%
Sole
755.61K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.48M
TypeSH
Market value$207.17M
1.34%
Sole
1.48M
Shared
0.00
None
0.00
APOLLO GLOBAL MGMT INC
SOLEShares2.21M
TypeSH
Market value$198.74M
1.29%
Sole
2.21M
Shared
0.00
None
0.00
TESLA INC
SOLEShares756.96K
TypeSH
Market value$189.41M
1.23%
Sole
756.96K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.41M
TypeSH
Market value$186.02M
1.20%
Sole
1.41M
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares336.42K
TypeSH
Market value$169.62M
1.10%
Sole
336.42K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares362.78K
TypeSH
Market value$143.63M
0.93%
Sole
362.78K
Shared
0.00
None
0.00
VISA INC
SOLEShares582.32K
TypeSH
Market value$133.94M
0.87%
Sole
582.32K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares1.10M
TypeSH
Market value$129.03M
0.83%
Sole
1.10M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares367.95K
TypeSH
Market value$128.89M
0.83%
Sole
367.95K
Shared
0.00
None
0.00
ELI LILLY CO
SOLEShares229.30K
TypeSH
Market value$123.17M
0.80%
Sole
229.30K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares148.07K
TypeSH
Market value$122.98M
0.80%
Sole
148.07K
Shared
0.00
None
0.00
JPMORGAN CHASE CO
SOLEShares796.63K
TypeSH
Market value$115.53M
0.75%
Sole
796.63K
Shared
0.00
None
0.00
JOHNSON JOHNSON
SOLEShares681.67K
TypeSH
Market value$106.17M
0.69%
Sole
681.67K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares403.36K
TypeSH
Market value$100.58M
0.65%
Sole
403.36K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares312.58K
TypeSH
Market value$94.45M
0.61%
Sole
312.58K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S P 500 ETF TRSOLE | TR UNIT | 3.58M | SH | $1.53B 9.89% | 3.58M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 4.50M | SH | $770.89M 4.99% | 4.50M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.41M | SH | $760.27M 4.92% | 2.41M | 0.00 | 0.00 |
NVIDIA CORPSOLE | COM | 908.61K | SH | $395.23M 2.56% | 908.61K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 2.95M | SH | $375.25M 2.43% | 2.95M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 3.10M | SH | $316.00M 2.04% | 3.10M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.32M | SH | $303.80M 1.97% | 2.32M | 0.00 | 0.00 |
ATT INCSOLE | COM | 18.47M | SH | $277.49M 1.79% | 18.47M | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 8.12M | SH | $263.25M 1.70% | 8.12M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 755.61K | SH | $226.84M 1.47% | 755.61K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA MMENTM | 1.48M | SH | $207.17M 1.34% | 1.48M | 0.00 | 0.00 |
APOLLO GLOBAL MGMT INCSOLE | COM | 2.21M | SH | $198.74M 1.29% | 2.21M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 756.96K | SH | $189.41M 1.23% | 756.96K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.41M | SH | $186.02M 1.20% | 1.41M | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 336.42K | SH | $169.62M 1.10% | 336.42K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 362.78K | SH | $143.63M 0.93% | 362.78K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 582.32K | SH | $133.94M 0.87% | 582.32K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 1.10M | SH | $129.03M 0.83% | 1.10M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 367.95K | SH | $128.89M 0.83% | 367.95K | 0.00 | 0.00 |
ELI LILLY COSOLE | COM | 229.30K | SH | $123.17M 0.80% | 229.30K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 148.07K | SH | $122.98M 0.80% | 148.07K | 0.00 | 0.00 |
JPMORGAN CHASE COSOLE | COM | 796.63K | SH | $115.53M 0.75% | 796.63K | 0.00 | 0.00 |
JOHNSON JOHNSONSOLE | COM | 681.67K | SH | $106.17M 0.69% | 681.67K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE S P MCP ETF | 403.36K | SH | $100.58M 0.65% | 403.36K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 312.58K | SH | $94.45M 0.61% | 312.58K | 0.00 | 0.00 |
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