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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 12 of 48  ·  941 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 D DOMINION ENERGY INC Utilities 240,367.0 $14.9M 0.08% $61.82 +10.5%
222 OKE ONEOK INC NEW Energy 164,381.0 $14.9M 0.08% $90.39 +2.5%
223 HDB HDFC BANK LTD Financial Services 595,200.0 $14.8M 0.08% $24.88 -1.0%
224 CTVA CORTEVA INC Basic Materials 175,710.0 $14.7M 0.08% -1K -0.7% $83.71 -5.6%
225 DASH DOORDASH INC Communication Services 97,700.0 $14.7M 0.08% $150.15 +6.1%
226 CPRT COPART INC Industrials 438,908.0 $14.6M 0.08% $33.20 +3.6%
227 AZO AUTOZONE INC Consumer Cyclical 4,306.0 $14.5M 0.08% $3377.78 +1.8%
228 AJG GALLAGER ARTHUR J CO Financial Services 67,087.0 $14.5M 0.08% $216.58 -4.2%
229 ADSK AUTODESK INC Technology 59,823.0 $14.3M 0.08% $239.40 +0.3%
230 HOOD ROBINHOOD MKTS INC Financial Services 206,500.0 $14.3M 0.08% $69.30 +9.6%
231 CIEN CIENA CORP Technology 36,800.0 $14.3M 0.07% +4K +10.5% $388.23 +51.3%
232 DHI D R HORTON INC Consumer Cyclical 102,699.0 $14.1M 0.07% -1K -1.2% $137.22 +5.0%
233 ALL ALLSTATE CORP Financial Services 67,889.0 $14.1M 0.07% -600.0 -0.9% $207.34 +3.4%
234 TRGP TARGA RES CORP Energy 56,100.0 $14.1M 0.07% $250.73 +8.0%
235 EXC EXELON CORP Utilities 286,403.0 $14.0M 0.07% +3K +0.9% $49.02 -7.5%
236 ABNB AIRBNB INC Consumer Cyclical 110,700.0 $14.0M 0.07% -600.0 -0.5% $126.28 +6.3%
237 MNST MONSTER BEVERAGE CORP NEW Consumer Defensive 192,216.0 $13.9M 0.07% $72.46 +19.1%
238 AFL AFLAC INC Financial Services 126,507.0 $13.9M 0.07% -2K -1.2% $109.71 +7.4%
239 FIX COMFORT SYS USA INC Industrials 10,000.0 $13.8M 0.07% $1378.99 +33.0%
240 GWW WW GRAINGER INC Industrials 12,617.0 $13.8M 0.07% $1090.81 +13.6%
Page 12 of 48  ·  941 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%