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Portfolio (Quarterly) Guide ↗

STATE OF MICHIGAN RETIREMENT SYSTEM

· CIK 0000762152
13F Portfolio $18.9B AUM 941 positions Filed May 4, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 23 New 374 Added 194 Reduced 17 Exited
Page 14 of 19  ·  374 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
261 FCN FTI CONSULTING INC Industrials 7,304.0 $1.3M 0.01% +200.0 +2.8% $176.77 -13.3%
262 UFPI UFP INDUSTRIES INC Basic Materials 14,000.0 $1.3M 0.01% +200.0 +1.4% $92.12 -13.2%
263 SR SPIRE INC Utilities 14,236.0 $1.3M 0.01% +300.0 +2.1% $90.54 -4.2%
264 CHE CHEMED CORP NEW Healthcare 3,409.0 $1.3M 0.01% +100.0 +3.0% $377.74 +16.9%
265 AVTR AVANTOR INC Healthcare 164,100.0 $1.3M 0.01% +3K +1.9% $7.84 +0.4%
266 SON SONOCO PRODS CO Consumer Cyclical 23,751.0 $1.3M 0.01% +400.0 +1.7% $54.09 -11.3%
267 KRG KITE REALTY GROUP TRUST Real Estate 52,095.0 $1.3M 0.01% +900.0 +1.8% $24.55 +9.5%
268 WEX WEX INC Technology 8,275.0 $1.3M 0.01% +200.0 +2.5% $153.04 -5.8%
269 BKH BLACK HILLS CORP Utilities 18,200.0 $1.3M 0.01% +400.0 +2.2% $69.41 +6.8%
270 RLI RLI CORP Financial Services 22,132.0 $1.3M 0.01% +400.0 +1.8% $57.04 -7.7%
271 HWC HANCOCK WHITNEY CORPORATION Financial Services 19,840.0 $1.3M 0.01% +100.0 +0.5% $63.59 +4.8%
272 BSY BENTLEY SYS INC Technology 35,800.0 $1.3M 0.01% +600.0 +1.7% $35.12 -5.1%
273 NXST NEXSTAR MEDIA GROUP INC Communication Services 6,900.0 $1.2M 0.01% +200.0 +3.0% $180.83 +4.8%
274 OGS ONE GAS INC Utilities 14,404.0 $1.2M 0.01% +200.0 +1.4% $86.13 -4.4%
275 ST SENSATA TECHNOLOGIES HLDG PL Technology 35,100.0 $1.2M 0.01% +700.0 +2.0% $35.22 +35.5%
276 AMKR AMKOR TECHNOLOGY INC Technology 27,349.0 $1.2M 0.01% +500.0 +1.9% $45.03 +46.3%
277 BIO BIO RAD LABS INC Healthcare 4,400.0 $1.2M 0.01% +100.0 +2.3% $278.75 +2.9%
278 AVT AVNET INC Technology 19,705.0 $1.2M 0.01% +500.0 +2.6% $61.62 +35.3%
279 LNTH LANTHEUS HLDGS INC Healthcare 16,000.0 $1.2M 0.01% +300.0 +1.9% $75.85 +24.5%
280 HOMB HOME BANCSHARES INC Financial Services 44,030.0 $1.2M 0.01% +800.0 +1.9% $26.93 -1.2%
Page 14 of 19  ·  374 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 33.7%
Financial Services 12.1%
Communication Services 11.1%
Consumer Cyclical 9.5%
Healthcare 9.2%
Industrials 9.0%
Consumer Defensive 5.5%
Energy 3.7%
Utilities 2.6%
Real Estate 2.0%