Filed: 1/29/2026ACC: 0000762152-26-000007
📋 What this filing means
STATE OF MICHIGAN RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 935 equity positions with a total reported market value of $20.57B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
935
Positions
$20.57B
Total AUM (reported)
145.14M
Total Shares
Allocation by class
COM$14.41B70.1%
CL A$1.39B6.7%
CAP STK CL A$602.61M2.9%
COM NEW$600.74M2.9%
TR UNIT$599.98M2.9%
CAP STK CL C$492.34M2.4%
COM CL A$427.36M2.1%
Portfolio Concentration
Top 3$3.72B18.1%
4–10$3.92B19.1%
11–25$2.78B13.5%
Rest$10.14B49.3%
Top 3 weight
18.1%
Top 10 weight
37.1%
Voting Authority Distribution
Total shares with voting rights: 145.14M
Sole
Full voting authority
145.14M
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)
Sole935
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings935
Rows:
NVIDIA CORPORATION
SOLEShares8.06M
TypeSH
Market value$1.50B
7.31%
Sole
8.06M
Shared
0.00
None
0.00
APPLE INC
SOLEShares4.18M
TypeSH
Market value$1.14B
5.53%
Sole
4.18M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares2.23M
TypeSH
Market value$1.08B
5.25%
Sole
2.23M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares3M
TypeSH
Market value$693.16M
3.37%
Sole
3M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares1.85M
TypeSH
Market value$639.20M
3.11%
Sole
1.85M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.93M
TypeSH
Market value$602.61M
2.93%
Sole
1.93M
Shared
0.00
None
0.00
SPDR S P 500 ETF TR
SOLEShares879.84K
TypeSH
Market value$599.98M
2.92%
Sole
879.84K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares848.31K
TypeSH
Market value$559.96M
2.72%
Sole
848.31K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.57M
TypeSH
Market value$492.34M
2.39%
Sole
1.57M
Shared
0.00
None
0.00
TESLA INC
SOLEShares735.66K
TypeSH
Market value$330.84M
1.61%
Sole
735.66K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.29M
TypeSH
Market value$322.22M
1.57%
Sole
1.29M
Shared
0.00
None
0.00
JPMORGAN CHASE CO
SOLEShares912.73K
TypeSH
Market value$294.10M
1.43%
Sole
912.73K
Shared
0.00
None
0.00
ELI LILLY CO
SOLEShares256.70K
TypeSH
Market value$275.87M
1.34%
Sole
256.70K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares2.17M
TypeSH
Market value$239.38M
1.16%
Sole
2.17M
Shared
0.00
None
0.00
VISA INC
SOLEShares553.22K
TypeSH
Market value$194.02M
0.94%
Sole
553.22K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares843K
TypeSH
Market value$180.54M
0.88%
Sole
843K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares339.73K
TypeSH
Market value$170.76M
0.83%
Sole
339.73K
Shared
0.00
None
0.00
PALANTIR TECHNOLOGIES INC
SOLEShares878K
TypeSH
Market value$156.06M
0.76%
Sole
878K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares1.60M
TypeSH
Market value$149.98M
0.73%
Sole
1.60M
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares169.77K
TypeSH
Market value$146.40M
0.71%
Sole
169.77K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares241.58K
TypeSH
Market value$137.91M
0.67%
Sole
241.58K
Shared
0.00
None
0.00
JOHNSON JOHNSON
SOLEShares654.47K
TypeSH
Market value$135.44M
0.66%
Sole
654.47K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares1.10M
TypeSH
Market value$132.86M
0.65%
Sole
1.10M
Shared
0.00
None
0.00
WALMART INC
SOLEShares1.17M
TypeSH
Market value$130.84M
0.64%
Sole
1.17M
Shared
0.00
None
0.00
INTUITIVE SURGICAL INC
SOLEShares209.35K
TypeSH
Market value$118.57M
0.58%
Sole
209.35K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 8.06M | SH | $1.50B 7.31% | 8.06M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 4.18M | SH | $1.14B 5.53% | 4.18M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 2.23M | SH | $1.08B 5.25% | 2.23M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 3M | SH | $693.16M 3.37% | 3M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 1.85M | SH | $639.20M 3.11% | 1.85M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 1.93M | SH | $602.61M 2.93% | 1.93M | 0.00 | 0.00 |
SPDR S P 500 ETF TRSOLE | TR UNIT | 879.84K | SH | $599.98M 2.92% | 879.84K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 848.31K | SH | $559.96M 2.72% | 848.31K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.57M | SH | $492.34M 2.39% | 1.57M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 735.66K | SH | $330.84M 1.61% | 735.66K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA MMENTM | 1.29M | SH | $322.22M 1.57% | 1.29M | 0.00 | 0.00 |
JPMORGAN CHASE COSOLE | COM | 912.73K | SH | $294.10M 1.43% | 912.73K | 0.00 | 0.00 |
ELI LILLY COSOLE | COM | 256.70K | SH | $275.87M 1.34% | 256.70K | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX INV CP ETF | 2.17M | SH | $239.38M 1.16% | 2.17M | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 553.22K | SH | $194.02M 0.94% | 553.22K | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 843K | SH | $180.54M 0.88% | 843K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 339.73K | SH | $170.76M 0.83% | 339.73K | 0.00 | 0.00 |
PALANTIR TECHNOLOGIES INCSOLE | CL A | 878K | SH | $156.06M 0.76% | 878K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 1.60M | SH | $149.98M 0.73% | 1.60M | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 169.77K | SH | $146.40M 0.71% | 169.77K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 241.58K | SH | $137.91M 0.67% | 241.58K | 0.00 | 0.00 |
JOHNSON JOHNSONSOLE | COM | 654.47K | SH | $135.44M 0.66% | 654.47K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 1.10M | SH | $132.86M 0.65% | 1.10M | 0.00 | 0.00 |
WALMART INCSOLE | COM | 1.17M | SH | $130.84M 0.64% | 1.17M | 0.00 | 0.00 |
INTUITIVE SURGICAL INCSOLE | COM NEW | 209.35K | SH | $118.57M 0.58% | 209.35K | 0.00 | 0.00 |
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