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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 8 of 19  ·  374 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 DCI DONALDSON INC Industrials 27,758.0 $2.4M 0.01% +400.0 +1.5% $84.87 -2.7%
142 DAR DARLING INGREDIENTS INC Consumer Defensive 38,074.0 $2.4M 0.01% +700.0 +1.9% $61.85 -6.5%
143 DINO HF SINCLAIR CORP Energy 37,600.0 $2.3M 0.01% +700.0 +1.9% $62.39 +9.6%
144 EHC ENCOMPASS HEALTH CORP Healthcare 24,245.0 $2.3M 0.01% +500.0 +2.1% $96.73 +8.0%
145 GLOBUS MED INC 26,761.0 $2.3M 0.01% +400.0 +1.5% $86.16
146 GAMESTOP CORP 99,200.0 $2.3M 0.01% +2K +1.9% $23.04
147 DOCU DOCUSIGN INC Technology 48,200.0 $2.3M 0.01% +700.0 +1.5% $47.41 +3.3%
148 KNX KNIGHT SWIFT TRANSN HLDGS IN Industrials 39,027.0 $2.2M 0.01% +700.0 +1.8% $57.58 +22.0%
149 FLS FLOWSERVE CORP Industrials 30,568.0 $2.2M 0.01% +500.0 +1.7% $73.51 -6.5%
150 WTFC WINTRUST FINL CORP Financial Services 16,163.0 $2.2M 0.01% +300.0 +1.9% $138.94 +7.8%
151 SAIA SAIA INC Industrials 6,386.0 $2.2M 0.01% +100.0 +1.6% $351.28 +32.8%
152 CNM CORE MAIN INC Industrials 45,400.0 $2.2M 0.01% +300.0 +0.7% $49.40 -4.5%
153 OSK OSHKOSH CORP Industrials 15,208.0 $2.2M 0.01% +300.0 +2.0% $147.21 -13.6%
154 GTLS CHART INDS INC Industrials 10,800.0 $2.2M 0.01% +400.0 +3.9% $206.75 +0.7%
155 RMBS RAMBUS INC DEL Technology 25,900.0 $2.2M 0.01% +500.0 +2.0% $86.03 +55.2%
156 AFG AMERICAN FINANCIAL GROUP INC Financial Services 17,310.0 $2.2M 0.01% +300.0 +1.8% $127.71 +7.5%
157 AMH AMERICAN HOMES 4 RENT Real Estate 78,500.0 $2.2M 0.01% +2K +1.9% $27.92 +15.0%
158 TTC TORO CO Industrials 23,432.0 $2.2M 0.01% +300.0 +1.3% $93.44 -4.6%
159 ORI OLD REP INTL CORP Financial Services 54,778.0 $2.2M 0.01% +1K +1.9% $39.90 -0.6%
160 ADC AGREE RLTY CORP Real Estate 28,800.0 $2.2M 0.01% +2K +6.3% $75.38 +0.4%
Page 8 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%