Filed: 7/26/2024ACC: 0000762152-24-000004
📋 What this filing means
STATE OF MICHIGAN RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 950 equity positions with a total reported market value of $19.46B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
950
Positions
$19.46B
Total AUM (reported)
178.42M
Total Shares
Allocation by class
COM$13.28B68.3%
TR UNIT$1.69B8.7%
CL A$1.07B5.5%
CORE US AGGBD ET$498.45M2.6%
COM NEW$465.57M2.4%
CAP STK CL A$379.82M2.0%
SHS$267.17M1.4%
Portfolio Concentration
Top 3$3.88B19.9%
4–10$3.45B17.7%
11–25$2.71B13.9%
Rest$9.42B48.4%
Top 3 weight
19.9%
Top 10 weight
37.7%
Voting Authority Distribution
Total shares with voting rights: 178.42M
Sole
Full voting authority
178.42M
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)
Sole950
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings950
Rows:
SPDR S P 500 ETF TR
SOLEShares3.10M
TypeSH
Market value$1.69B
8.68%
Sole
3.10M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.46M
TypeSH
Market value$1.10B
5.65%
Sole
2.46M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares8.85M
TypeSH
Market value$1.09B
5.62%
Sole
8.85M
Shared
0.00
None
0.00
APPLE INC
SOLEShares4.29M
TypeSH
Market value$904.51M
4.65%
Sole
4.29M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares3.01M
TypeSH
Market value$581.86M
2.99%
Sole
3.01M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares5.13M
TypeSH
Market value$498.45M
2.56%
Sole
5.13M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares868.31K
TypeSH
Market value$437.82M
2.25%
Sole
868.31K
Shared
0.00
None
0.00
AT T INC
SOLEShares20.07M
TypeSH
Market value$383.59M
1.97%
Sole
20.07M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.09M
TypeSH
Market value$379.82M
1.95%
Sole
2.09M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares166.57K
TypeSH
Market value$267.43M
1.37%
Sole
166.57K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.29M
TypeSH
Market value$252.08M
1.30%
Sole
1.29M
Shared
0.00
None
0.00
ELI LILLY CO
SOLEShares276.90K
TypeSH
Market value$250.70M
1.29%
Sole
276.90K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.36M
TypeSH
Market value$249.50M
1.28%
Sole
1.36M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares2.17M
TypeSH
Market value$232.71M
1.20%
Sole
2.17M
Shared
0.00
None
0.00
NEXTERA ENERGY INC
SOLEShares2.81M
TypeSH
Market value$199.17M
1.02%
Sole
2.81M
Shared
0.00
None
0.00
BRISTOL MYERS SQUIBB CO
SOLEShares4.77M
TypeSH
Market value$197.98M
1.02%
Sole
4.77M
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares1.05M
TypeSH
Market value$169.58M
0.87%
Sole
1.05M
Shared
0.00
None
0.00
JPMORGAN CHASE CO
SOLEShares786.43K
TypeSH
Market value$159.06M
0.82%
Sole
786.43K
Shared
0.00
None
0.00
VISA INC
SOLEShares581.92K
TypeSH
Market value$152.74M
0.78%
Sole
581.92K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares178.37K
TypeSH
Market value$151.61M
0.78%
Sole
178.37K
Shared
0.00
None
0.00
TESLA INC
SOLEShares759.86K
TypeSH
Market value$150.36M
0.77%
Sole
759.86K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares348.13K
TypeSH
Market value$141.62M
0.73%
Sole
348.13K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares1.23M
TypeSH
Market value$141.43M
0.73%
Sole
1.23M
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares263.72K
TypeSH
Market value$134.30M
0.69%
Sole
263.72K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares277.58K
TypeSH
Market value$122.46M
0.63%
Sole
277.58K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S P 500 ETF TRSOLE | TR UNIT | 3.10M | SH | $1.69B 8.68% | 3.10M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.46M | SH | $1.10B 5.65% | 2.46M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 8.85M | SH | $1.09B 5.62% | 8.85M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 4.29M | SH | $904.51M 4.65% | 4.29M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 3.01M | SH | $581.86M 2.99% | 3.01M | 0.00 | 0.00 |
ISHARES TRSOLE | CORE US AGGBD ET | 5.13M | SH | $498.45M 2.56% | 5.13M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 868.31K | SH | $437.82M 2.25% | 868.31K | 0.00 | 0.00 |
AT T INCSOLE | COM | 20.07M | SH | $383.59M 1.97% | 20.07M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.09M | SH | $379.82M 1.95% | 2.09M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 166.57K | SH | $267.43M 1.37% | 166.57K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA MMENTM | 1.29M | SH | $252.08M 1.30% | 1.29M | 0.00 | 0.00 |
ELI LILLY COSOLE | COM | 276.90K | SH | $250.70M 1.29% | 276.90K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.36M | SH | $249.50M 1.28% | 1.36M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 2.17M | SH | $232.71M 1.20% | 2.17M | 0.00 | 0.00 |
NEXTERA ENERGY INCSOLE | COM | 2.81M | SH | $199.17M 1.02% | 2.81M | 0.00 | 0.00 |
BRISTOL MYERS SQUIBB COSOLE | COM | 4.77M | SH | $197.98M 1.02% | 4.77M | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 1.05M | SH | $169.58M 0.87% | 1.05M | 0.00 | 0.00 |
JPMORGAN CHASE COSOLE | COM | 786.43K | SH | $159.06M 0.82% | 786.43K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 581.92K | SH | $152.74M 0.78% | 581.92K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 178.37K | SH | $151.61M 0.78% | 178.37K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 759.86K | SH | $150.36M 0.77% | 759.86K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 348.13K | SH | $141.62M 0.73% | 348.13K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 1.23M | SH | $141.43M 0.73% | 1.23M | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 263.72K | SH | $134.30M 0.69% | 263.72K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 277.58K | SH | $122.46M 0.63% | 277.58K | 0.00 | 0.00 |
Page 1 of 38
…