STATE OF MICHIGAN RETIREMENT SYSTEM
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| NVIDIA CORPORATION(NVDA) | 8,440,160 | 8,358,960 | -81,200 | 1,333,460,878 | 1,559,614,757 | 7.50% | +226,153,879 |
| APPLE INC(AAPL) | 4,383,099 | 4,335,499 | -47,600 | 899,280,422 | 1,103,948,110 | 5.31% | +204,667,688 |
| ALPHABET INC(GOOG) | 2,011,280 | 2,001,980 | -9,300 | 354,447,874 | 486,681,338 | 2.34% | +132,233,464 |
| ALPHABET INC(GOOG) | 1,608,660 | 1,595,060 | -13,600 | 285,360,197 | 388,476,863 | 1.87% | +103,116,666 |
| BROADCOM INC(AVGO) | 1,911,560 | 1,905,060 | -6,500 | 526,921,514 | 628,498,345 | 3.02% | +101,576,831 |
| TESLA INC(TSLA) | 761,957 | 758,957 | -3,000 | 242,043,261 | 337,523,357 | 1.62% | +95,480,096 |
| ISHARES TR | 0 | 1,282,810 | +1,282,810 | 0 | 83,716,181 | 0.40% | +83,716,181 |
| SPDR S P 500 ETF TR(SPY) | 1,215,240 | 1,231,740 | +16,500 | 750,836,034 | 820,560,553 | 3.94% | +69,724,519 |
| MICROSOFT CORP(MSFT) | 2,258,967 | 2,295,767 | +36,800 | 1,123,632,775 | 1,189,092,518 | 5.71% | +65,459,743 |
| APPLOVIN CORP(APP) | 4,200 | 77,400 | +73,200 | 1,470,336 | 55,614,996 | 0.27% | +54,144,660 |
| HIMS HERS HEALTH INC(HIMS) | 1,379,100 | 2,057,700 | +678,600 | 68,748,135 | 116,712,744 | 0.56% | +47,964,609 |
| ACCENTURE PLC IRELAND | 0 | 180,938 | +180,938 | 0 | 44,619,311 | 0.21% | +44,619,311 |
| PALANTIR TECHNOLOGIES INC(PLTR) | 938,400 | 895,100 | -43,300 | 127,922,688 | 163,284,142 | 0.78% | +35,361,454 |
| ROBINHOOD MKTS INC(HOOD) | 0 | 209,300 | +209,300 | 0 | 29,967,574 | 0.14% | +29,967,574 |
| ORACLE CORP(ORCL) | 442,232 | 448,232 | +6,000 | 96,685,182 | 126,060,768 | 0.61% | +29,375,586 |
| JPMORGAN CHASE CO(JPM) | 925,631 | 943,631 | +18,000 | 268,349,683 | 297,649,526 | 1.43% | +29,299,843 |
| OSCAR HEALTH INC(OSCR) | 0 | 1,450,000 | +1,450,000 | 0 | 27,448,500 | 0.13% | +27,448,500 |
| ISHARES TR | 1,206,090 | 1,223,490 | +17,400 | 289,847,549 | 313,764,011 | 1.51% | +23,916,462 |
| ARISTA NETWORKS INC(ANET) | 544,156 | 542,856 | -1,300 | 55,672,600 | 79,099,548 | 0.38% | +23,426,948 |
| JOHNSON JOHNSON(JNJ) | 680,867 | 677,967 | -2,900 | 104,002,434 | 125,708,641 | 0.60% | +21,706,207 |
| ABBVIE INC(ABBV) | 480,308 | 477,808 | -2,500 | 89,154,771 | 110,631,664 | 0.53% | +21,476,893 |
| KROGER CO(KR) | 298,987 | 596,887 | +297,900 | 21,446,338 | 40,236,153 | 0.19% | +18,789,815 |
| INTEL CORP(INTC) | 1,599,983 | 1,597,683 | -2,300 | 35,839,619 | 53,602,265 | 0.26% | +17,762,646 |
| CHEVRON CORP NEW(CVX) | 441,615 | 520,539 | +78,924 | 63,234,852 | 80,834,501 | 0.39% | +17,599,649 |
| ALIBABA GROUP HLDG LTD(BABA) | 257,000 | 257,000 | 0 | 29,146,370 | 45,933,610 | 0.22% | +16,787,240 |
| ADVANCED MICRO DEVICES INC(AMD) | 857,600 | 855,700 | -1,900 | 121,693,440 | 138,443,703 | 0.67% | +16,750,263 |
| ISHARES INC | 0 | 538,350 | +538,350 | 0 | 16,688,850 | 0.08% | +16,688,850 |
| MICRON TECHNOLOGY INC(MU) | 371,442 | 370,242 | -1,200 | 45,780,227 | 61,948,891 | 0.30% | +16,168,664 |
| GRAYSCALE ETHEREUM TRUST ETF(ETHE) | 0 | 460,000 | +460,000 | 0 | 15,764,200 | 0.08% | +15,764,200 |
| LAM RESEARCH CORP(LRCX) | 377,100 | 371,600 | -5,500 | 36,706,914 | 49,757,240 | 0.24% | +13,050,326 |
| DATADOG INC(DDOG) | 0 | 87,400 | +87,400 | 0 | 12,445,760 | 0.06% | +12,445,760 |
| HOME DEPOT INC(HD) | 330,284 | 329,084 | -1,200 | 121,095,326 | 133,341,546 | 0.64% | +12,246,220 |
| GE AEROSPACE(GE) | 289,961 | 286,761 | -3,200 | 74,633,062 | 86,263,444 | 0.41% | +11,630,382 |
| CATERPILLAR INC(CAT) | 135,072 | 133,872 | -1,200 | 52,436,301 | 63,877,025 | 0.31% | +11,440,724 |
| BLOCK INC(XYZ) | 141,246 | 289,846 | +148,600 | 9,594,841 | 20,947,170 | 0.10% | +11,352,329 |
| BANK AMERICA CORP | 1,902,212 | 1,963,412 | +61,200 | 90,012,672 | 101,292,425 | 0.49% | +11,279,753 |
| AMPHENOL CORP NEW | 414,274 | 415,574 | +1,300 | 40,909,558 | 51,427,283 | 0.25% | +10,517,725 |
| CARNIVAL CORP | 0 | 320,344 | +320,344 | 0 | 9,261,145 | 0.04% | +9,261,145 |
| CITIGROUP INC(C) | 563,236 | 553,336 | -9,900 | 47,942,648 | 56,163,604 | 0.27% | +8,220,956 |
| RTX CORPORATION(RTX) | 392,232 | 390,932 | -1,300 | 57,273,717 | 65,414,652 | 0.31% | +8,140,935 |
| UNITEDHEALTH GROUP INC(UNH) | 256,819 | 255,119 | -1,700 | 80,119,823 | 88,092,591 | 0.42% | +7,972,768 |
| THERMO FISHER SCIENTIFIC INC(TMO) | 102,610 | 102,110 | -500 | 41,604,251 | 49,525,392 | 0.24% | +7,921,141 |
| NEWMONT CORP(NEM) | 320,845 | 315,245 | -5,600 | 18,692,430 | 26,578,306 | 0.13% | +7,885,876 |
| TAIWAN SEMICONDUCTOR MFG LTD(TSM) | 148,200 | 148,200 | 0 | 33,565,818 | 41,390,778 | 0.20% | +7,824,960 |
| ISHARES TR | 220,349 | 246,349 | +26,000 | 40,284,204 | 47,914,881 | 0.23% | +7,630,677 |
| CORNING INC(GLW) | 254,959 | 256,159 | +1,200 | 13,408,294 | 21,012,723 | 0.10% | +7,604,429 |
| WALMART INC(WMT) | 1,174,820 | 1,187,120 | +12,300 | 114,873,900 | 122,344,587 | 0.59% | +7,470,687 |
| TJX COS INC NEW(TJX) | 349,882 | 347,982 | -1,900 | 43,206,928 | 50,297,318 | 0.24% | +7,090,390 |
| KLA CORP(KLAC) | 39,868 | 39,568 | -300 | 35,711,362 | 42,678,045 | 0.21% | +6,966,683 |
| TOAST INC(TOST) | 0 | 183,000 | +183,000 | 0 | 6,681,330 | 0.03% | +6,681,330 |
| WARNER BROS DISCOVERY INC(WBD) | 686,325 | 743,725 | +57,400 | 7,865,285 | 14,524,949 | 0.07% | +6,659,664 |
| APTIV PLC(APTV) | 0 | 75,349 | +75,349 | 0 | 6,496,591 | 0.03% | +6,496,591 |
| GOLDMAN SACHS GROUP INC(GS) | 87,573 | 85,973 | -1,600 | 61,979,791 | 68,464,599 | 0.33% | +6,484,808 |
| WELLTOWER INC(WELL) | 168,909 | 180,909 | +12,000 | 25,966,381 | 32,227,129 | 0.15% | +6,260,748 |
| NU HLDGS LTD(NU) | 0 | 380,700 | +380,700 | 0 | 6,095,007 | 0.03% | +6,095,007 |
| WESTERN DIGITAL CORP(WDC) | 110,757 | 109,757 | -1,000 | 7,087,340 | 13,177,425 | 0.06% | +6,090,085 |
| GE VERNOVA INC(GEV) | 74,240 | 73,640 | -600 | 39,284,096 | 45,281,236 | 0.22% | +5,997,140 |
| THE TRADE DESK INC(TTD) | 0 | 120,500 | +120,500 | 0 | 5,905,705 | 0.03% | +5,905,705 |
| VERTIV HOLDINGS CO(VRT) | 239,300 | 239,300 | 0 | 30,728,513 | 36,100,798 | 0.17% | +5,372,285 |
| SEAGATE TECHNOLOGY HLDNGS PL | 57,705 | 57,505 | -200 | 8,328,563 | 13,574,630 | 0.07% | +5,246,067 |
| APPLIED MATLS INC | 273,355 | 269,455 | -3,900 | 50,043,100 | 55,168,217 | 0.27% | +5,125,117 |
| MORGAN STANLEY(MS) | 335,926 | 328,126 | -7,800 | 47,318,536 | 52,158,909 | 0.25% | +4,840,373 |
| TE CONNECTIVITY PLC(TEL) | 97,623 | 96,923 | -700 | 16,466,071 | 21,277,506 | 0.10% | +4,811,435 |
| ICON PLC(ICLR) | 69,670 | 85,070 | +15,400 | 10,133,502 | 14,887,250 | 0.07% | +4,753,748 |
| NUTANIX INC(NTNX) | 0 | 63,800 | +63,800 | 0 | 4,746,082 | 0.02% | +4,746,082 |
| TALEN ENERGY CORP(TLN) | 0 | 10,900 | +10,900 | 0 | 4,636,642 | 0.02% | +4,636,642 |
| BERKSHIRE HATHAWAY INC DEL | 346,529 | 344,029 | -2,500 | 168,333,392 | 172,957,139 | 0.83% | +4,623,747 |
| GENERAL MTRS CO(GM) | 413,408 | 409,408 | -4,000 | 20,343,808 | 24,961,606 | 0.12% | +4,617,798 |
| D R HORTON INC(DHI) | 108,699 | 108,499 | -200 | 14,013,475 | 18,387,326 | 0.09% | +4,373,851 |
| BLACKSTONE INC(BX) | 198,400 | 199,300 | +900 | 29,676,672 | 34,050,405 | 0.16% | +4,373,733 |
| LOWES COS INC(LOW) | 152,170 | 151,570 | -600 | 33,761,958 | 38,091,057 | 0.18% | +4,329,099 |
| DOORDASH INC(DASH) | 93,200 | 100,100 | +6,900 | 22,974,732 | 27,226,199 | 0.13% | +4,251,467 |
| BLACKROCK INC(BLK) | 41,671 | 41,071 | -600 | 43,723,297 | 47,883,447 | 0.23% | +4,160,150 |
| ISHARES TR | 2,172,400 | 2,172,400 | 0 | 238,116,764 | 242,157,428 | 1.16% | +4,040,664 |
| SHOPIFY INC(SHOP) | 117,200 | 117,200 | 0 | 13,519,020 | 17,417,092 | 0.08% | +3,898,072 |
| TRANSUNION(TRU) | 0 | 46,400 | +46,400 | 0 | 3,887,392 | 0.02% | +3,887,392 |
| TECHNIPFMC PLC(FTI) | 0 | 97,900 | +97,900 | 0 | 3,862,155 | 0.02% | +3,862,155 |
| CUMMINS INC(CMI) | 40,837 | 40,637 | -200 | 13,374,118 | 17,163,850 | 0.08% | +3,789,732 |
| OREILLY AUTOMOTIVE INC(ORLY) | 232,445 | 229,445 | -3,000 | 20,950,268 | 24,736,465 | 0.12% | +3,786,197 |
| NORTHROP GRUMMAN CORP(NOC) | 36,818 | 36,418 | -400 | 18,408,264 | 22,190,216 | 0.11% | +3,781,952 |
| KRATOS DEFENSE SEC SOLUTIO(KTOS) | 0 | 40,200 | +40,200 | 0 | 3,673,074 | 0.02% | +3,673,074 |
| EXXON MOBIL CORP | 1,171,918 | 1,153,018 | -18,900 | 126,332,760 | 130,002,780 | 0.62% | +3,670,020 |
| UNITED RENTALS INC(URI) | 19,554 | 19,254 | -300 | 14,731,984 | 18,381,024 | 0.09% | +3,649,040 |
| SIMON PPTY GROUP INC NEW(SPG) | 100,349 | 105,249 | +4,900 | 16,132,105 | 19,752,080 | 0.09% | +3,619,975 |
| TWILIO INC(TWLO) | 8,900 | 45,400 | +36,500 | 1,106,804 | 4,544,086 | 0.02% | +3,437,282 |
| GENERAL DYNAMICS CORP(GD) | 68,512 | 68,312 | -200 | 19,982,210 | 23,294,392 | 0.11% | +3,312,182 |
| VALERO ENERGY CORP(VLO) | 97,162 | 96,062 | -1,100 | 13,060,516 | 16,355,516 | 0.08% | +3,295,000 |
| MASTERCARD INCORPORATED(MA) | 252,081 | 254,781 | +2,700 | 141,654,397 | 144,921,981 | 0.70% | +3,267,584 |
| BANK NEW YORK MELLON CORP | 204,355 | 200,555 | -3,800 | 18,618,784 | 21,852,473 | 0.11% | +3,233,689 |
| CADENCE DESIGN SYSTEM INC(CDNS) | 78,823 | 78,323 | -500 | 24,289,307 | 27,511,737 | 0.13% | +3,222,430 |
| NEXTERA ENERGY INC(NEE) | 559,798 | 556,898 | -2,900 | 38,861,177 | 42,040,230 | 0.20% | +3,179,053 |
| ALTRIA GROUP INC(MO) | 458,042 | 454,342 | -3,700 | 26,855,002 | 30,013,833 | 0.14% | +3,158,831 |
| SYNOPSYS INC(SNPS) | 42,027 | 50,054 | +8,027 | 21,546,402 | 24,696,143 | 0.12% | +3,149,741 |
| BITMINE IMMERSION TECNOLOGIE(BMNP) | 0 | 60,000 | +60,000 | 0 | 3,115,800 | 0.01% | +3,115,800 |
| L3HARRIS TECHNOLOGIES INC(LHX) | 55,630 | 55,430 | -200 | 13,954,229 | 16,928,876 | 0.08% | +2,974,647 |
| BERKSHIRE HATHAWAY INC DEL | 116 | 116 | 0 | 84,540,800 | 87,487,200 | 0.42% | +2,946,400 |
| MERCK CO INC(MRK) | 745,090 | 737,790 | -7,300 | 58,981,324 | 61,922,715 | 0.30% | +2,941,391 |
| PEPSICO INC(PEP) | 385,822 | 383,222 | -2,600 | 50,943,937 | 53,819,698 | 0.26% | +2,875,761 |
| SEMPRA(SRE) | 201,920 | 201,020 | -900 | 15,299,478 | 18,087,780 | 0.09% | +2,788,302 |
| ISHARES TR | 566,800 | 535,000 | -31,800 | 64,167,428 | 66,901,750 | 0.32% | +2,734,322 |