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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 24 of 47  ·  935 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
461 BUNGE GLOBAL SA 48,700.0 $4.3M 0.02% NEW $89.08
462 WWD WOODWARD INC Industrials 14,210.0 $4.3M 0.02% NEW $302.32 +15.3%
463 COOPER COS INC 52,044.0 $4.3M 0.02% NEW $81.96
464 INCY INCYTE CORP Healthcare 43,159.0 $4.3M 0.02% NEW $98.77 -2.2%
465 TECHNIPFMC PLC 95,600.0 $4.3M 0.02% NEW $44.56
466 RGLD ROYAL GOLD INC Basic Materials 19,148.0 $4.3M 0.02% NEW $222.29 -1.7%
467 JBHT HUNT J B TRANS SVCS INC Industrials 21,695.0 $4.2M 0.02% NEW $194.34 +33.4%
468 EVEREST GROUP LTD 12,411.0 $4.2M 0.02% NEW $339.35
469 J JACOBS SOLUTIONS INC Industrials 31,299.0 $4.1M 0.02% NEW $132.46 -16.3%
470 THC TENET HEALTHCARE CORP Healthcare 20,793.0 $4.1M 0.02% NEW $198.72 -5.2%
471 SMCI SUPER MICRO COMPUTER INC Technology 140,300.0 $4.1M 0.02% NEW $29.27 +7.7%
472 INVH INVITATION HOMES INC Real Estate 147,700.0 $4.1M 0.02% NEW $27.79 +2.8%
473 TLN TALEN ENERGY CORP Utilities 10,800.0 $4.0M 0.02% NEW $374.84 -9.6%
474 GWRE GUIDEWIRE SOFTWARE INC Technology 20,100.0 $4.0M 0.02% NEW $201.01 -33.3%
475 WPC WP CAREY INC Real Estate 62,700.0 $4.0M 0.02% NEW $64.36 +16.6%
476 BALL BALL CORP Consumer Cyclical 75,901.0 $4.0M 0.02% NEW $52.97 +4.1%
477 ANNALY CAPITAL MANAGEMENT IN 178,031.0 $4.0M 0.02% NEW $22.36
478 USFD US FOODS HLDG CORP Consumer Defensive 52,700.0 $4.0M 0.02% NEW $75.32 +7.8%
479 BMNR BITMINE IMMERSION TECNOLOGIE Financial Services 145,000.0 $3.9M 0.02% NEW $27.15 -30.7%
480 TRU TRANSUNION Industrials 45,900.0 $3.9M 0.02% NEW $85.75 -23.8%
Page 24 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%