Filed: 4/18/2024ACC: 0000762152-24-000003
📋 What this filing means
STATE OF MICHIGAN RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 955 equity positions with a total reported market value of $18.60B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
955
Positions
$18.60B
Total AUM (reported)
165.50M
Total Shares
Allocation by class
COM$12.93B69.5%
TR UNIT$1.64B8.8%
CL A$1.08B5.8%
COM NEW$484.14M2.6%
CAP STK CL A$315.95M1.7%
SHS$277.93M1.5%
MSCI USA MMENTM$262.52M1.4%
Portfolio Concentration
Top 3$3.51B18.9%
4–10$2.94B15.8%
11–25$2.52B13.5%
Rest$9.63B51.8%
Top 3 weight
18.9%
Top 10 weight
34.7%
Voting Authority Distribution
Total shares with voting rights: 165.50M
Sole
Full voting authority
165.50M
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)
Sole955
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings955
Rows:
SPDR S P 500 ETF TR
SOLEShares3.14M
TypeSH
Market value$1.64B
8.83%
Sole
3.14M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.49M
TypeSH
Market value$1.05B
5.63%
Sole
2.49M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares905.51K
TypeSH
Market value$818.18M
4.40%
Sole
905.51K
Shared
0.00
None
0.00
APPLE INC
SOLEShares4.31M
TypeSH
Market value$739.10M
3.97%
Sole
4.31M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares2.99M
TypeSH
Market value$538.87M
2.90%
Sole
2.99M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares863.61K
TypeSH
Market value$419.35M
2.25%
Sole
863.61K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares8.22M
TypeSH
Market value$344.70M
1.85%
Sole
8.22M
Shared
0.00
None
0.00
AT T INC
SOLEShares18.41M
TypeSH
Market value$324.03M
1.74%
Sole
18.41M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.09M
TypeSH
Market value$315.95M
1.70%
Sole
2.09M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.40M
TypeSH
Market value$262.52M
1.41%
Sole
1.40M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares2.17M
TypeSH
Market value$236.62M
1.27%
Sole
2.17M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares174.47K
TypeSH
Market value$231.24M
1.24%
Sole
174.47K
Shared
0.00
None
0.00
ELI LILLY CO
SOLEShares269.70K
TypeSH
Market value$209.82M
1.13%
Sole
269.70K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.38M
TypeSH
Market value$209.52M
1.13%
Sole
1.38M
Shared
0.00
None
0.00
NEXTERA ENERGY INC
SOLEShares2.81M
TypeSH
Market value$179.73M
0.97%
Sole
2.81M
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares913.14K
TypeSH
Market value$164.81M
0.89%
Sole
913.14K
Shared
0.00
None
0.00
VISA INC
SOLEShares585.52K
TypeSH
Market value$163.41M
0.88%
Sole
585.52K
Shared
0.00
None
0.00
JPMORGAN CHASE CO
SOLEShares792.13K
TypeSH
Market value$158.66M
0.85%
Sole
792.13K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares325.98K
TypeSH
Market value$156.98M
0.84%
Sole
325.98K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares368.65K
TypeSH
Market value$155.02M
0.83%
Sole
368.65K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.57M
TypeSH
Market value$144.71M
0.78%
Sole
1.57M
Shared
0.00
None
0.00
TESLA INC
SOLEShares759.16K
TypeSH
Market value$133.45M
0.72%
Sole
759.16K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares262.42K
TypeSH
Market value$129.82M
0.70%
Sole
262.42K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares1.09M
TypeSH
Market value$126.48M
0.68%
Sole
1.09M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.96M
TypeSH
Market value$118.75M
0.64%
Sole
1.96M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S P 500 ETF TRSOLE | TR UNIT | 3.14M | SH | $1.64B 8.83% | 3.14M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.49M | SH | $1.05B 5.63% | 2.49M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 905.51K | SH | $818.18M 4.40% | 905.51K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 4.31M | SH | $739.10M 3.97% | 4.31M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 2.99M | SH | $538.87M 2.90% | 2.99M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 863.61K | SH | $419.35M 2.25% | 863.61K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 8.22M | SH | $344.70M 1.85% | 8.22M | 0.00 | 0.00 |
AT T INCSOLE | COM | 18.41M | SH | $324.03M 1.74% | 18.41M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.09M | SH | $315.95M 1.70% | 2.09M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA MMENTM | 1.40M | SH | $262.52M 1.41% | 1.40M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV INV CP ETF | 2.17M | SH | $236.62M 1.27% | 2.17M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 174.47K | SH | $231.24M 1.24% | 174.47K | 0.00 | 0.00 |
ELI LILLY COSOLE | COM | 269.70K | SH | $209.82M 1.13% | 269.70K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.38M | SH | $209.52M 1.13% | 1.38M | 0.00 | 0.00 |
NEXTERA ENERGY INCSOLE | COM | 2.81M | SH | $179.73M 0.97% | 2.81M | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 913.14K | SH | $164.81M 0.89% | 913.14K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 585.52K | SH | $163.41M 0.88% | 585.52K | 0.00 | 0.00 |
JPMORGAN CHASE COSOLE | COM | 792.13K | SH | $158.66M 0.85% | 792.13K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 325.98K | SH | $156.98M 0.84% | 325.98K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 368.65K | SH | $155.02M 0.83% | 368.65K | 0.00 | 0.00 |
ISHARES TRSOLE | MBS ETF | 1.57M | SH | $144.71M 0.78% | 1.57M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 759.16K | SH | $133.45M 0.72% | 759.16K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 262.42K | SH | $129.82M 0.70% | 262.42K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 1.09M | SH | $126.48M 0.68% | 1.09M | 0.00 | 0.00 |
ISHARES TRSOLE | CORE SP MCP ETF | 1.96M | SH | $118.75M 0.64% | 1.96M | 0.00 | 0.00 |
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