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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 18 of 19  ·  374 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
341 SHC SOTERA HEALTH CO Healthcare 56,100.0 $804K 0.00% +7K +14.5% $14.34 +8.4%
342 AVNT AVIENT CORPORATION Basic Materials 22,024.0 $799K 0.00% +400.0 +1.9% $36.30 -6.0%
343 EXPO EXPONENT INC Industrials 12,000.0 $783K 0.00% +200.0 +1.7% $65.25 -12.6%
344 QLYS QUALYS INC Technology 8,676.0 $762K 0.00% +200.0 +2.4% $87.85 +14.5%
345 KRC KILROY REALTY CORP Real Estate 26,265.0 $741K 0.00% +500.0 +1.9% $28.21 +21.0%
346 KD KYNDRYL HLDGS INC Technology 55,034.0 $722K 0.00% +1K +1.9% $13.12 -8.0%
347 FOUR SHIFT4 PMTS INC Technology 16,300.0 $713K 0.00% +300.0 +1.9% $43.73 -0.5%
348 GPK GRAPHIC PACKAGING HLDG CO Consumer Cyclical 71,000.0 $706K 0.00% +1K +1.9% $9.94 +1.0%
349 PII POLARIS INC Consumer Cyclical 12,879.0 $702K 0.00% +300.0 +2.4% $54.50 +15.7%
350 IPGP IPG PHOTONICS CORP Technology 6,100.0 $699K 0.00% +100.0 +1.7% $114.59 +5.2%
351 PSN PARSONS CORP DEL Industrials 12,700.0 $688K 0.00% +100.0 +0.8% $54.17 -4.7%
352 YETI YETI HLDGS INC Consumer Cyclical 18,747.0 $686K 0.00% +400.0 +2.2% $36.59 +22.1%
353 MZTI MARZETTI COMPANY Consumer Defensive 4,932.0 $682K 0.00% +100.0 +2.1% $138.33 -18.5%
354 SMG SCOTTS MIRACLE GRO CO Basic Materials 10,800.0 $657K 0.00% +300.0 +2.9% $60.81 -4.1%
355 SYNA SYNAPTICS INC Technology 9,333.0 $654K 0.00% +100.0 +1.1% $70.04 +85.4%
356 NSA NATIONAL STORAGE AFFILIATES Real Estate 17,001.0 $642K 0.00% +300.0 +1.8% $37.74 +13.4%
357 HAE HAEMONETICS CORP MASS Healthcare 11,174.0 $630K 0.00% +100.0 +0.9% $56.36 +9.9%
358 EEFT EURONET WORLDWIDE INC Technology 9,417.0 $625K 0.00% +200.0 +2.2% $66.37 +0.2%
359 ASH ASHLAND INC Basic Materials 11,039.0 $614K 0.00% +200.0 +1.9% $55.61 +1.2%
360 VC VISTEON CORP Consumer Cyclical 6,607.0 $602K 0.00% +200.0 +3.1% $91.11 +19.9%
Page 18 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%