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Portfolio (Quarterly) Guide ↗

STATE OF MICHIGAN RETIREMENT SYSTEM

· CIK 0000762152
13F Portfolio $20.6B AUM Filed Jan 29, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 935 New
Page 28 of 47  ·  935 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
541 IVZ INVESCO LTD Financial Services 116,498.0 $3.1M 0.01% NEW $26.27 +0.8%
542 NXT NEXTPOWER INC Technology 35,100.0 $3.1M 0.01% NEW $87.11 +45.9%
543 RNR RENAISSANCERE HLDGS LTD Financial Services 10,865.0 $3.1M 0.01% NEW $281.16 +7.4%
544 HL HECLA MNG CO Basic Materials 158,400.0 $3.0M 0.01% NEW $19.19 -14.7%
545 KTOS KRATOS DEFENSE SEC SOLUTIO Industrials 39,900.0 $3.0M 0.01% NEW $75.91 -29.6%
546 SF STIFEL FINL CORP Financial Services 24,087.0 $3.0M 0.01% NEW $125.22 -42.0%
547 ENTG ENTEGRIS INC Technology 35,800.0 $3.0M 0.01% NEW $84.25 +47.4%
548 SWK STANLEY BLACK DECKER INC Industrials 40,531.0 $3.0M 0.01% NEW $74.28 -0.5%
549 MLI MUELLER INDS INC Industrials 26,200.0 $3.0M 0.01% NEW $114.80 +14.8%
550 ALLY ALLY FINL INC Financial Services 66,200.0 $3.0M 0.01% NEW $45.29 -5.9%
551 ACM AECOM Industrials 31,276.0 $3.0M 0.01% NEW $95.33 -25.0%
552 MEDP MEDPACE HLDGS INC Healthcare 5,299.0 $3.0M 0.01% NEW $561.65 -25.2%
553 HST HOST HOTELS RESORTS INC Real Estate 167,429.0 $3.0M 0.01% NEW $17.73 +22.9%
554 EPAM EPAM SYS INC Technology 14,427.0 $3.0M 0.01% NEW $204.88 -50.9%
555 REGCO REGENCY CTRS CORP Real Estate 42,804.0 $3.0M 0.01% NEW $69.03 -67.6%
556 DOC HEALTHPEAK PROPERTIES INC Real Estate 181,893.0 $2.9M 0.01% NEW $16.08 +20.0%
557 GL GLOBE LIFE INC Financial Services 20,836.0 $2.9M 0.01% NEW $139.86 +7.2%
558 DAYFORCE INC 41,810.0 $2.9M 0.01% NEW $69.16
559 UDR UDR INC Real Estate 78,745.0 $2.9M 0.01% NEW $36.68 +2.0%
560 DTM DT MIDSTREAM INC Energy 24,055.0 $2.9M 0.01% NEW $119.68 +25.5%
Page 28 of 47  ·  935 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 34.9%
Financial Services 14.8%
Communication Services 11.1%
Consumer Cyclical 9.8%
Healthcare 9.3%
Industrials 7.7%
Consumer Defensive 4.6%
Energy 2.5%
Utilities 2.1%
Real Estate 1.8%