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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 32 of 48  ·  941 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
621 WMS ADVANCED DRAIN SYS INC DEL Industrials 17,200.0 $2.4M 0.01% +300.0 +1.8% $137.13 -0.2%
622 DCI DONALDSON INC Industrials 27,758.0 $2.4M 0.01% +400.0 +1.5% $84.87 -2.7%
623 DAR DARLING INGREDIENTS INC Consumer Defensive 38,074.0 $2.4M 0.01% +700.0 +1.9% $61.85 -6.5%
624 DINO HF SINCLAIR CORP Energy 37,600.0 $2.3M 0.01% +700.0 +1.9% $62.39 +9.6%
625 EHC ENCOMPASS HEALTH CORP Healthcare 24,245.0 $2.3M 0.01% +500.0 +2.1% $96.73 +8.0%
626 GLOBUS MED INC 26,761.0 $2.3M 0.01% +400.0 +1.5% $86.16
627 GAMESTOP CORP 99,200.0 $2.3M 0.01% +2K +1.9% $23.04
628 DOCU DOCUSIGN INC Technology 48,200.0 $2.3M 0.01% +700.0 +1.5% $47.41 +3.3%
629 BAH BOOZ ALLEN HAMILTON HLDG COR Industrials 29,000.0 $2.3M 0.01% -2K -6.5% $78.03 -2.2%
630 BAX BAXTER INTL INC Healthcare 134,428.0 $2.3M 0.01% -6K -4.1% $16.80 +13.3%
631 FOX FOX CORP Communication Services 42,431.0 $2.3M 0.01% -2K -4.3% $53.10 +8.5%
632 KNX KNIGHT SWIFT TRANSN HLDGS IN Industrials 39,027.0 $2.2M 0.01% +700.0 +1.8% $57.58 +22.0%
633 FLS FLOWSERVE CORP Industrials 30,568.0 $2.2M 0.01% +500.0 +1.7% $73.51 -6.5%
634 WTFC WINTRUST FINL CORP Financial Services 16,163.0 $2.2M 0.01% +300.0 +1.9% $138.94 +7.8%
635 SAIA SAIA INC Industrials 6,386.0 $2.2M 0.01% +100.0 +1.6% $351.28 +32.8%
636 CNM CORE MAIN INC Industrials 45,400.0 $2.2M 0.01% +300.0 +0.7% $49.40 -4.5%
637 WYNN WYNN RESORTS LTD Consumer Cyclical 22,072.0 $2.2M 0.01% $101.55 -3.4%
638 OSK OSHKOSH CORP Industrials 15,208.0 $2.2M 0.01% +300.0 +2.0% $147.21 -13.6%
639 GTLS CHART INDS INC Industrials 10,800.0 $2.2M 0.01% +400.0 +3.9% $206.75 +0.7%
640 RMBS RAMBUS INC DEL Technology 25,900.0 $2.2M 0.01% +500.0 +2.0% $86.03 +55.2%
Page 32 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%