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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 40 of 47  ·  935 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
781 WFRD WEATHERFORD INTL PLC Energy 17,000.0 $1.3M 0.01% NEW $78.26 +41.8%
782 VLYPN VALLEY NATL BANCORP Financial Services 113,281.0 $1.3M 0.01% NEW $11.68 +122.1%
783 CVLT COMMVAULT SYS INC Technology 10,412.0 $1.3M 0.01% NEW $125.36 -15.3%
784 BIO BIO RAD LABS INC Healthcare 4,300.0 $1.3M 0.01% NEW $302.99 -9.1%
785 HLNE HAMILTON LANE INC Financial Services 9,700.0 $1.3M 0.01% NEW $134.31 -35.6%
786 HRB BLOCK H R INC Consumer Cyclical 29,868.0 $1.3M 0.01% NEW $43.58 -11.3%
787 SLM SLM CORP Financial Services 47,999.0 $1.3M 0.01% NEW $27.06 -19.0%
788 PEGA PEGASYSTEMS INC Technology 21,700.0 $1.3M 0.01% NEW $59.72 -42.5%
789 ENS ENERSYS Industrials 8,772.0 $1.3M 0.01% NEW $146.75 +53.2%
790 APPF APPFOLIO INC Technology 5,500.0 $1.3M 0.01% NEW $232.65 -32.6%
791 POR PORTLAND GEN ELEC CO Utilities 26,600.0 $1.3M 0.01% NEW $47.99 +0.2%
792 VNT VONTIER CORPORATION Technology 34,315.0 $1.3M 0.01% NEW $37.18 -24.6%
793 THO THOR INDS INC Consumer Cyclical 12,418.0 $1.3M 0.01% NEW $102.67 -27.8%
794 UBSI UNITED BANKSHARES INC WEST V Financial Services 33,113.0 $1.3M 0.01% NEW $38.40 +11.0%
795 VNO VORNADO RLTY TR Real Estate 38,100.0 $1.3M 0.01% NEW $33.28 -5.5%
796 TKR TIMKEN CO Industrials 15,023.0 $1.3M 0.01% NEW $84.13 +34.1%
797 NEU NEWMARKET CORP Basic Materials 1,837.0 $1.3M 0.01% NEW $687.26 +1.3%
798 HWC HANCOCK WHITNEY CORPORATION Financial Services 19,740.0 $1.3M 0.01% NEW $63.68 +4.1%
799 UFPI UFP INDUSTRIES INC Basic Materials 13,800.0 $1.3M 0.01% NEW $91.05 -10.4%
800 CHRD CHORD ENERGY CORPORATION Energy 13,400.0 $1.2M 0.01% NEW $92.70 +62.7%
Page 40 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%