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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 30 of 48  ·  941 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
581 JAZZ JAZZ PHARMACEUTICALS PLC Healthcare 14,604.0 $2.8M 0.01% +200.0 +1.4% $189.05 +26.6%
582 WTRG ESSENTIAL UTILS INC Utilities 68,071.0 $2.7M 0.01% +1K +1.8% $40.27 -9.3%
583 SOLV SOLVENTUM CORP Healthcare 41,651.0 $2.7M 0.01% $65.30 +16.6%
584 SF STIFEL FINL CORP Financial Services 36,730.0 $2.7M 0.01% +13K +52.5% $73.92 -1.1%
585 CCK CROWN HLDGS INC Consumer Cyclical 27,000.0 $2.7M 0.01% $100.25 -3.8%
586 BWA BORGWARNER INC Consumer Cyclical 49,800.0 $2.7M 0.01% -800.0 -1.6% $54.26 +17.1%
587 WBS WEBSTER FINL CORP Financial Services 38,844.0 $2.7M 0.01% +700.0 +1.8% $69.42 +5.3%
588 SJM SMUCKER J M CO Consumer Defensive 27,839.0 $2.7M 0.01% -6K -18.7% $96.44 +4.2%
589 EQH EQUITABLE HLDGS INC Financial Services 72,286.0 $2.7M 0.01% +500.0 +0.7% $37.11 +14.6%
590 EXEL EXELIXIS INC Healthcare 62,516.0 $2.7M 0.01% -800.0 -1.3% $42.89 +15.8%
591 UNM UNUM GROUP Financial Services 36,700.0 $2.7M 0.01% +300.0 +0.8% $73.03 +14.8%
592 FHN FIRST HORIZON CORPORATION Financial Services 116,756.0 $2.7M 0.01% $22.76 +5.9%
593 DT DYNATRACE INC Technology 71,800.0 $2.7M 0.01% +600.0 +0.8% $36.98 +5.9%
594 UDR UDR INC Real Estate 78,545.0 $2.7M 0.01% $33.78 +12.0%
595 LAMR LAMAR ADVERTISING CO Real Estate 20,938.0 $2.7M 0.01% +400.0 +1.9% $126.66 +20.5%
596 ALLY ALLY FINL INC Financial Services 67,600.0 $2.7M 0.01% +1K +2.1% $39.23 +9.0%
597 CPT CAMDEN PPTY TR Real Estate 27,000.0 $2.6M 0.01% -900.0 -3.2% $97.66 +8.7%
598 ACM AECOM Industrials 31,076.0 $2.6M 0.01% -200.0 -0.6% $84.82 -17.3%
599 TXRH TEXAS ROADHOUSE INC Consumer Cyclical 15,878.0 $2.6M 0.01% +200.0 +1.3% $165.14 +8.0%
600 AES AES CORP Utilities 185,995.0 $2.6M 0.01% $14.09 +4.3%
Page 30 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%