STATE OF MICHIGAN RETIREMENT SYSTEM's Q4 2022 13F: 15 new positions, 16 exits
Form 13F-HR for the quarter ended Dec 31, 2022 · filed Jan 27, 2023 · 967 reported positions · accession 0000762152-23-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | APOLLO GLOBAL MGMT INC (APO) | 1.2% | 0.9% | −0.3 pts | −1.59M sh | −45% |
| Reduced | SPDR S P 500 ETF TR (SPY) | 10.7% | 10.3% | −0.4 pts | −212K sh | −5% |
| Increased | VERIZON COMMUNICATIONS INC (VZ) | 2.0% | 2.2% | +0.2 pts | +1M sh | +14% |
| Reduced | MICROSOFT CORP (MSFT) | 4.3% | 4.0% | −0.4 pts | −155K sh | −6% |
| Reduced | META PLATFORMS INC (META) | 1.0% | 0.6% | −0.4 pts | −280K sh | −29% |
| Reduced | ACCENTURE PLC IRELAND (ACN) | 0.5% | 0.3% | −0.2 pts | −100K sh | −36% |
| Increased | INTUITIVE SURGICAL INC (ISRG) | 0.2% | 0.4% | +0.2 pts | +99,400 sh | +77% |
| Reduced | APPLE INC (AAPL) | 5.0% | 4.3% | −0.7 pts | −181K sh | −4% |
| New | SELECT SECTOR SPDR TR (XLE) | — | 0.2% | +0.2 pts | +250K sh | new |
| Increased | VISA INC (V) | 0.8% | 0.9% | +0.2 pts | +69,000 sh | +12% |
| Exited | TWITTER INC (TWTR) | 0.1% | — | −0.1 pts | −272K sh | −100% |
| Reduced | NVIDIA CORPORATION (NVDA) | 0.8% | 0.8% | 0.0 pts | −81,000 sh | −9% |
| Reduced | ALPHABET INC (GOOGL) | 1.8% | 1.5% | −0.3 pts | −114K sh | −5% |
| Reduced | S P GLOBAL INC (SPGI) | 0.3% | 0.2% | −0.1 pts | −28,200 sh | −24% |
| Reduced | AMAZON COM INC (AMZN) | 2.5% | 1.7% | −0.8 pts | −107K sh | −4% |
| Increased | ISHARES TR (QUAL) | 0.3% | 0.4% | +0.1 pts | +75,050 sh | +19% |
| Reduced | CHIPOTLE MEXICAN GRILL INC (CMG) | 0.3% | 0.2% | −0.1 pts | −6,000 sh | −20% |
| Increased | ARISTA NETWORKS INC (ANET) | 0.2% | 0.3% | +0.1 pts | +68,600 sh | +25% |
| Increased | PAYCOM SOFTWARE INC (PAYC) | 0.2% | 0.3% | 0.0 pts | +26,800 sh | +26% |
| New | ARCH CAP GROUP LTD (ACGL) | — | 0.0% | 0.0 pts | +101K sh | new |
| Increased | UNITEDHEALTH GROUP INC (UNH) | 1.3% | 1.4% | 0.0 pts | +11,400 sh | +3% |
| Increased | PROLOGIS INC (PLD) | 0.2% | 0.2% | 0.0 pts | +51,827 sh | +24% |
| Exited | DUKE REALTY CORP (DRE) | 0.0% | — | 0.0 pts | −110K sh | −100% |
| Increased | PALO ALTO NETWORKS INC (PANW) | 0.2% | 0.2% | 0.0 pts | +39,200 sh | +19% |
| Increased | HOME DEPOT INC (HD) | 0.8% | 0.9% | +0.1 pts | +16,900 sh | +5% |
| Increased | SHIFT4 PMTS INC (FOUR) | 0.0% | 0.1% | 0.0 pts | +93,000 sh | +97% |
| Increased | BLACKROCK INC (BLK) | 0.2% | 0.2% | +0.1 pts | +7,300 sh | +18% |
| Reduced | NIKE INC (NKE) | 0.3% | 0.3% | 0.0 pts | −44,200 sh | −11% |
| Increased | ISHARES TR (IJH) | 0.5% | 0.6% | +0.1 pts | +20,300 sh | +6% |
| Increased | PLANET FITNESS INC (PLNT) | 0.1% | 0.1% | +0.1 pts | +59,000 sh | +31% |
| Increased | MARSH MCLENNAN COS INC (MRSH) | 0.1% | 0.2% | 0.0 pts | +23,700 sh | +18% |
| Increased | PEPSICO INC (PEP) | 0.5% | 0.6% | +0.1 pts | +20,900 sh | +5% |
| Increased | FORTINET INC (FTNT) | 0.2% | 0.3% | 0.0 pts | +73,420 sh | +11% |
| Reduced | UNITED PARCEL SERVICE INC (UPS) | 0.3% | 0.2% | 0.0 pts | −19,900 sh | −9% |
| Exited | ABIOMED INC (ABMD) | 0.0% | — | 0.0 pts | −12,914 sh | −100% |
| Exited | ALLEGHANY CORP MD (Y) | 0.0% | — | 0.0 pts | −3,677 sh | −100% |
| Reduced | TARGET CORP (TGT) | 0.2% | 0.1% | 0.0 pts | −20,200 sh | −13% |
| Reduced | SCHLUMBERGER LTD (SLB) | 0.1% | 0.1% | 0.0 pts | −56,300 sh | −13% |
| Increased | TRANSDIGM GROUP INC (TDG) | 0.3% | 0.4% | +0.1 pts | +4,655 sh | +5% |
| Exited | NIELSEN HLDGS PLC (NLSN) | 0.0% | — | 0.0 pts | −97,392 sh | −100% |
| Reduced | JOHNSON JOHNSON (JNJ) | 0.9% | 0.9% | 0.0 pts | −14,600 sh | −2% |
| Increased | VALERO ENERGY CORP (VLO) | 0.1% | 0.1% | 0.0 pts | +18,300 sh | +17% |
| New | CUBESMART (CUBE) | — | 0.0% | 0.0 pts | +57,200 sh | new |
| New | ANTERO RESOURCES CORP COM (AR) | — | 0.0% | 0.0 pts | +70,300 sh | new |
| Increased | ABBOTT LABS (ABT) | 0.3% | 0.4% | 0.0 pts | +18,900 sh | +4% |
| Reduced | NETFLIX INC (NFLX) | 0.2% | 0.2% | 0.0 pts | −6,300 sh | −5% |
| Reduced | KINDER MORGAN INC DEL (KMI) | 0.1% | 0.1% | 0.0 pts | −98,340 sh | −15% |
| Reduced | PIONEER NAT RES CO (PXD) | 0.1% | 0.1% | 0.0 pts | −7,600 sh | −11% |
| Reduced | LILLY ELI CO (LLY) | 0.6% | 0.6% | 0.0 pts | −4,600 sh | −2% |
| New | NEXSTAR MEDIA GROUP INC (NXST) | — | 0.0% | 0.0 pts | +9,600 sh | new |
The 50 largest of 863 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 — 31.7% of the equity book
Changes in the top 10 this quarter: UNH entered · TSLA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPDR S P 500 ETF TR (SPY) | 10.7% | 10.3% | |
| 2 | APPLE INC (AAPL) | 5.0% | 4.3% | |
| 3 | MICROSOFT CORP (MSFT) | 4.3% | 4.0% | |
| 4 | ATT INC (T) | 2.0% | 2.3% | |
| 5 | ISHARES TR (LQD) | 2.3% | 2.3% | |
| 6 | VERIZON COMMUNICATIONS INC (VZ) | 2.0% | 2.2% | |
| 7 | ISHARES TR (MTUM) | 1.7% | 1.8% | |
| 8 | AMAZON COM INC (AMZN) | 2.5% | 1.7% | |
| 9 | ALPHABET INC (GOOGL) | 1.8% | 1.5% | |
| 10 | UNITEDHEALTH GROUP INC (UNH) | 1.3% | 1.4% | Entered the top 10 |
| — | TESLA INC (TSLA) | 1.4% | 0.6% | 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).