STATE OF MICHIGAN RETIREMENT SYSTEM's Q1 2022 13F: 12 new positions, 39 exits
Form 13F-HR for the quarter ended Mar 31, 2022 · filed May 4, 2022 · 948 reported positions · accession 0000762152-22-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | ATHENE HOLDING LTD (ATH) | 1.7% | — | −1.7 pts | −3.91M sh | −100% |
| Increased | FACEBOOK INC CL A (META) | 1.5% | 2.7% | +1.3 pts | +1.3M sh | +157% |
| Reduced | SPDR S P 500 ETF TR (SPY) | 11.4% | 10.9% | −0.5 pts | −407K sh | −9% |
| Reduced | SIMON PPTY GROUP INC NEW (SPG) | 1.0% | 0.1% | −0.9 pts | −1.09M sh | −92% |
| Reduced | VISTRA CORP (VST) | 0.7% | 0.0% | −0.7 pts | −5.92M sh | −100% |
| Reduced | BRISTOL MYERS SQUIBB CO (BMY) | 2.0% | 1.8% | −0.1 pts | −1.63M sh | −27% |
| Increased | ISHARES TR (LQD) | 1.9% | 2.5% | +0.6 pts | +898K sh | +33% |
| Reduced | CVS HEALTH CORP (CVS) | 0.8% | 0.2% | −0.5 pts | −1.02M sh | −73% |
| Exited | ISHARES TR (EMB) | 0.4% | — | −0.4 pts | −673K sh | −100% |
| New | S P GLOBAL INC (SPGI) | — | 0.2% | +0.2 pts | +89,353 sh | new |
| Reduced | ADOBE SYSTEMS INCORPORATED (ADBE) | 0.6% | 0.3% | −0.3 pts | −78,500 sh | −38% |
| Increased | GILEAD SCIENCES INC (GILD) | 0.5% | 0.7% | +0.2 pts | +601K sh | +46% |
| Increased | TRANSDIGM GROUP INC (TDG) | 0.0% | 0.2% | +0.2 pts | +52,616 sh | +399% |
| Increased | ISHARES TR (AGG) | 1.9% | 2.1% | +0.2 pts | +248K sh | +8% |
| Reduced | MOODYS CORP (MCO) | 0.2% | 0.1% | −0.2 pts | −72,742 sh | −64% |
| Reduced | IQVIA HLDGS INC (IQV) | 0.3% | 0.2% | −0.2 pts | −103K sh | −43% |
| Exited | GENERAL ELECTRIC CO (GE) | 0.1% | — | −0.1 pts | −276K sh | −100% |
| Increased | ARISTA NETWORKS INC (ANET) | 0.0% | 0.1% | +0.1 pts | +128K sh | +227% |
| Reduced | ISHARES TR (VLUE) | 0.2% | 0.1% | −0.1 pts | −159K sh | −55% |
| Increased | ISHARES TR (MTUM) | 1.6% | 1.7% | +0.1 pts | +97,300 sh | +6% |
| Reduced | ECOLAB INC (ECL) | 0.2% | 0.1% | −0.1 pts | −79,555 sh | −56% |
| Reduced | SQUARE INC (XYZ) | 0.1% | 0.1% | −0.1 pts | −100K sh | −60% |
| Exited | XILINX INC (XLNX) | 0.1% | — | −0.1 pts | −66,541 sh | −100% |
| Increased | ADVANCED MICRO DEVICES INC (AMD) | 0.5% | 0.5% | 0.0 pts | +116K sh | +17% |
| Increased | NVIDIA CORPORATION (NVDA) | 1.3% | 1.4% | +0.1 pts | +45,202 sh | +5% |
| Exited | IHS MARKIT LTD (INFO) | 0.1% | — | −0.1 pts | −100K sh | −100% |
| Exited | UBER TECHNOLOGIES INC (UBER) | 0.1% | — | −0.1 pts | −290K sh | −100% |
| Increased | GOLDMAN SACHS GROUP INC (GS) | 0.2% | 0.2% | +0.1 pts | +32,184 sh | +34% |
| Reduced | PAYPAL HLDGS INC (PYPL) | 0.4% | 0.2% | −0.2 pts | −91,728 sh | −24% |
| Increased | BROADCOM INC (AVGO) | 0.4% | 0.5% | +0.1 pts | +16,694 sh | +14% |
| Increased | AMYRIS INC (AMRSQ) | 0.1% | 0.1% | +0.1 pts | +2.31M sh | +92% |
| Increased | ISHARES TR (IJH) | 0.3% | 0.4% | +0.1 pts | +34,650 sh | +15% |
| Reduced | ALIGN TECHNOLOGY INC (ALGN) | 0.4% | 0.2% | −0.2 pts | −20,962 sh | −19% |
| Increased | QUALCOMM INC (QCOM) | 0.3% | 0.3% | 0.0 pts | +58,492 sh | +19% |
| Exited | DUTCH BROS INC (BROS) | 0.0% | — | 0.0 pts | −180K sh | −100% |
| Increased | STITCH FIX INC (SFIX) | 0.0% | 0.1% | 0.0 pts | +750K sh | +176% |
| New | BLACKBERRY LTD (BB) | — | 0.0% | 0.0 pts | +1M sh | new |
| Increased | TESLA INC (TSLA) | 1.1% | 1.3% | +0.2 pts | +6,419 sh | +3% |
| Exited | SEAGATE TECHNOLOGY HLDNGS PL (STX) | 0.0% | — | 0.0 pts | −64,347 sh | −100% |
| Reduced | EQUITRANS MIDSTREAM CORP (ETRN) | 0.0% | 0.0% | 0.0 pts | −700K sh | −87% |
| Increased | ISHARES TR (QUAL) | 0.1% | 0.2% | 0.0 pts | +42,917 sh | +27% |
| Increased | CONCENTRIX CORP (CNXC) | 0.0% | 0.0% | 0.0 pts | +34,684 sh | +318% |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | 0.1% | 0.1% | 0.0 pts | +50,600 sh | +36% |
| Increased | UNITEDHEALTH GROUP INC (UNH) | 0.9% | 1.0% | +0.1 pts | +10,404 sh | +3% |
| Reduced | STRYKER CORPORATION (SYK) | 0.3% | 0.3% | 0.0 pts | −19,828 sh | −11% |
| Increased | TWIST BIOSCIENCE CORP (TWST) | 0.0% | 0.0% | 0.0 pts | +100K sh | +188% |
| Increased | CHIPOTLE MEXICAN GRILL INC (CMG) | 0.3% | 0.3% | 0.0 pts | +2,973 sh | +10% |
| Exited | LOANDEPOT INC (LDI) | 0.0% | — | 0.0 pts | −1.08M sh | −100% |
| Reduced | MICROSOFT CORP (MSFT) | 4.5% | 4.5% | 0.0 pts | −14,618 sh | −1% |
| Reduced | APPLE INC (AAPL) | 4.5% | 4.8% | +0.4 pts | −25,169 sh | −1% |
The 50 largest of 943 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 37.1% of the equity book
Changes in the top 10 this quarter: META entered · ATH left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPDR S P 500 ETF TR (SPY) | 11.4% | 10.9% | |
| 2 | APPLE INC (AAPL) | 4.5% | 4.8% | |
| 3 | MICROSOFT CORP (MSFT) | 4.5% | 4.5% | |
| 4 | ATT INC (T) | 3.0% | 3.2% | |
| 5 | FACEBOOK INC CL A (META) | 1.5% | 2.7% | Entered the top 10 |
| 6 | AMAZON COM INC (AMZN) | 2.5% | 2.7% | |
| 7 | ISHARES TR (LQD) | 1.9% | 2.5% | |
| 8 | ISHARES TR (AGG) | 1.9% | 2.1% | |
| 9 | ALPHABET INC (GOOGL) | 1.7% | 1.9% | |
| 10 | BRISTOL MYERS SQUIBB CO (BMY) | 2.0% | 1.8% | |
| — | ATHENE HOLDING LTD (ATH) | 1.7% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).