Filed: 1/23/2024ACC: 0000762152-24-000002
📋 What this filing means
STATE OF MICHIGAN RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 958 equity positions with a total reported market value of $16.81B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
958
Positions
$16.81B
Total AUM (reported)
161.89M
Total Shares
Allocation by class
COM$11.58B68.9%
TR UNIT$1.60B9.5%
CL A$947.35M5.6%
COM NEW$450.37M2.7%
CAP STK CL A$323.73M1.9%
IBOXX INV CP ETF$240.40M1.4%
MSCI USA MMENTM$231.64M1.4%
Portfolio Concentration
Top 3$3.36B20.0%
4–10$2.37B14.1%
11–25$2.26B13.4%
Rest$8.82B52.5%
Top 3 weight
20.0%
Top 10 weight
34.1%
Voting Authority Distribution
Total shares with voting rights: 161.89M
Sole
Full voting authority
161.89M
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)
Sole958
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings958
Rows:
SPDR S P 500 ETF TR
SOLEShares3.38M
TypeSH
Market value$1.60B
9.55%
Sole
3.38M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.39M
TypeSH
Market value$898.14M
5.34%
Sole
2.39M
Shared
0.00
None
0.00
APPLE INC
SOLEShares4.44M
TypeSH
Market value$853.99M
5.08%
Sole
4.44M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares2.97M
TypeSH
Market value$451.66M
2.69%
Sole
2.97M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares905.01K
TypeSH
Market value$448.18M
2.67%
Sole
905.01K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.32M
TypeSH
Market value$323.73M
1.93%
Sole
2.32M
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares8.21M
TypeSH
Market value$309.67M
1.84%
Sole
8.21M
Shared
0.00
None
0.00
AT T INC
SOLEShares18.41M
TypeSH
Market value$308.90M
1.84%
Sole
18.41M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares823.51K
TypeSH
Market value$291.49M
1.73%
Sole
823.51K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares2.17M
TypeSH
Market value$240.40M
1.43%
Sole
2.17M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.48M
TypeSH
Market value$231.64M
1.38%
Sole
1.48M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.39M
TypeSH
Market value$195.59M
1.16%
Sole
1.39M
Shared
0.00
None
0.00
TESLA INC
SOLEShares757.16K
TypeSH
Market value$188.14M
1.12%
Sole
757.16K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares167.87K
TypeSH
Market value$187.38M
1.11%
Sole
167.87K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares312.22K
TypeSH
Market value$164.37M
0.98%
Sole
312.22K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares362.18K
TypeSH
Market value$154.47M
0.92%
Sole
362.18K
Shared
0.00
None
0.00
VISA INC
SOLEShares588.62K
TypeSH
Market value$153.25M
0.91%
Sole
588.62K
Shared
0.00
None
0.00
ELI LILLY CO
SOLEShares239.50K
TypeSH
Market value$139.61M
0.83%
Sole
239.50K
Shared
0.00
None
0.00
JPMORGAN CHASE CO
SOLEShares791.53K
TypeSH
Market value$134.64M
0.80%
Sole
791.53K
Shared
0.00
None
0.00
ADOBE INC
SOLEShares224.52K
TypeSH
Market value$133.95M
0.80%
Sole
224.52K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares364.85K
TypeSH
Market value$130.13M
0.77%
Sole
364.85K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES
SOLEShares770.74K
TypeSH
Market value$113.61M
0.68%
Sole
770.74K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares409.76K
TypeSH
Market value$113.57M
0.68%
Sole
409.76K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares1.10M
TypeSH
Market value$109.65M
0.65%
Sole
1.10M
Shared
0.00
None
0.00
APOLLO GLOBAL MGMT INC
SOLEShares1.17M
TypeSH
Market value$108.63M
0.65%
Sole
1.17M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S P 500 ETF TRSOLE | TR UNIT | 3.38M | SH | $1.60B 9.55% | 3.38M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.39M | SH | $898.14M 5.34% | 2.39M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 4.44M | SH | $853.99M 5.08% | 4.44M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 2.97M | SH | $451.66M 2.69% | 2.97M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 905.01K | SH | $448.18M 2.67% | 905.01K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.32M | SH | $323.73M 1.93% | 2.32M | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 8.21M | SH | $309.67M 1.84% | 8.21M | 0.00 | 0.00 |
AT T INCSOLE | COM | 18.41M | SH | $308.90M 1.84% | 18.41M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 823.51K | SH | $291.49M 1.73% | 823.51K | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 2.17M | SH | $240.40M 1.43% | 2.17M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA MMENTM | 1.48M | SH | $231.64M 1.38% | 1.48M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.39M | SH | $195.59M 1.16% | 1.39M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 757.16K | SH | $188.14M 1.12% | 757.16K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 167.87K | SH | $187.38M 1.11% | 167.87K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 312.22K | SH | $164.37M 0.98% | 312.22K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 362.18K | SH | $154.47M 0.92% | 362.18K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 588.62K | SH | $153.25M 0.91% | 588.62K | 0.00 | 0.00 |
ELI LILLY COSOLE | COM | 239.50K | SH | $139.61M 0.83% | 239.50K | 0.00 | 0.00 |
JPMORGAN CHASE COSOLE | COM | 791.53K | SH | $134.64M 0.80% | 791.53K | 0.00 | 0.00 |
ADOBE INCSOLE | COM | 224.52K | SH | $133.95M 0.80% | 224.52K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 364.85K | SH | $130.13M 0.77% | 364.85K | 0.00 | 0.00 |
ADVANCED MICRO DEVICESSOLE | COM | 770.74K | SH | $113.61M 0.68% | 770.74K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE S P MCP ETF | 409.76K | SH | $113.57M 0.68% | 409.76K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 1.10M | SH | $109.65M 0.65% | 1.10M | 0.00 | 0.00 |
APOLLO GLOBAL MGMT INCSOLE | COM | 1.17M | SH | $108.63M 0.65% | 1.17M | 0.00 | 0.00 |
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