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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 37 of 47  ·  935 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
721 ORA ORMAT TECHNOLOGIES INC Utilities 14,400.0 $1.6M 0.01% NEW $110.47 +19.1%
722 OLLI OLLIES BARGAIN OUTLET HLDGS Consumer Defensive 14,503.0 $1.6M 0.01% NEW $109.61 -28.4%
723 H HYATT HOTELS CORP Consumer Cyclical 9,900.0 $1.6M 0.01% NEW $160.32 +5.3%
724 SSD SIMPSON MFG INC Industrials 9,827.0 $1.6M 0.01% NEW $161.47 +10.6%
725 PCTY PAYLOCITY HLDG CORP Technology 10,372.0 $1.6M 0.01% NEW $152.50 -29.8%
726 WING WINGSTOP INC Consumer Cyclical 6,572.0 $1.6M 0.01% NEW $238.49 -45.8%
727 EXP EAGLE MATLS INC Basic Materials 7,529.0 $1.6M 0.01% NEW $206.68 -5.8%
728 PB PROSPERITY BANCSHARES INC Financial Services 22,497.0 $1.6M 0.01% NEW $69.11 -3.8%
729 FND FLOOR DECOR HLDGS INC Consumer Cyclical 25,500.0 $1.6M 0.01% NEW $60.89 -28.6%
730 MTG MGIC INVT CORP WIS Financial Services 52,917.0 $1.5M 0.01% NEW $29.22 -11.4%
731 THG HANOVER INS GROUP INC Financial Services 8,432.0 $1.5M 0.01% NEW $182.77 +6.5%
732 VNOM VIPER ENERGY INC Energy 39,800.0 $1.5M 0.01% NEW $38.63 +26.8%
733 LW LAMB WESTON HLDGS INC Consumer Defensive 36,532.0 $1.5M 0.01% NEW $41.89 +5.2%
734 AGCO AGCO CORP Industrials 14,658.0 $1.5M 0.01% NEW $104.32 +8.5%
735 FLR FLUOR CORP NEW Industrials 38,097.0 $1.5M 0.01% NEW $39.63 +11.9%
736 ESAB ESAB CORPORATION Industrials 13,502.0 $1.5M 0.01% NEW $111.72 -20.7%
737 ESNT ESSENT GROUP LTD Financial Services 22,833.0 $1.5M 0.01% NEW $65.01 -7.1%
738 STWD STARWOOD PPTY TR INC Real Estate 82,300.0 $1.5M 0.01% NEW $18.01 -5.4%
739 LFUS LITTELFUSE INC Technology 5,853.0 $1.5M 0.01% NEW $252.92 +76.4%
740 FAF FIRST AMERN FINL CORP Financial Services 24,064.0 $1.5M 0.01% NEW $61.44 +9.2%
Page 37 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%