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Institutional Investment Manager
STATE OF MICHIGAN RETIREMENT SYSTEM
STATE OF MICHIGAN RETIREMENT SYSTEM (CIK: 0000762152), located at Michigan Dept. Of Treasury, Lansing, MI. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 965 holdings with a total value of $12,680,056,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 APPLE INC 4,514,850 510,404,000 4.03%
2 BERKSHIRE HATHAWAY INC DEL 2,612,066 377,365,000 2.98%
3 VERIZON COMMUNICATIONS INC 7,252,790 377,000,000 2.97%
4 JPMORGAN CHASE & CO 4,550,240 303,000,000 2.39%
5 WELLS FARGO & CO NEW 6,569,601 290,902,000 2.29%
6 GILEAD SCIENCES INC 3,058,289 241,972,000 1.91%
7 SPDR S&P 500 ETF TR 1,044,450 225,915,000 1.78%
8 MICROSOFT CORP 3,703,969 213,349,000 1.68%
9 FACEBOOK INC 1,626,900 208,682,000 1.65%
10 AFLAC INC 2,889,026 207,634,000 1.64%
11 CVS HEALTH CORP 2,310,800 205,638,000 1.62%
12 ALPHABET INC 244,318 196,446,000 1.55%
13 HOME DEPOT INC 1,344,840 173,054,000 1.36%
14 VALIDUS HOLDINGS LTD 3,408,643 169,819,000 1.34%
15 VISA INC 2,025,080 167,474,000 1.32%
16 AMAZON COM INC 198,650 166,332,000 1.31%
17 CISCO SYS INC 5,064,363 160,642,000 1.27%
18 WILLIS TOWERS WATSON PLC LTD SHS 1,028,655 136,575,000 1.08%
19 TWO HBRS INVT CORP 15,604,284 133,105,000 1.05%
20 EXXON MOBIL CORP 1,460,364 127,461,000 1.01%
21 THERMO FISHER SCIENTIFIC INC 800,403 127,312,000 1.00%
22 HONEYWELL INTL INC 1,073,049 124,394,000 0.98%
23 JOHNSON & JOHNSON 1,040,730 122,941,000 0.97%
24 AT&T INC 2,887,883 117,277,000 0.92%
25 GENERAL ELECTRIC CO 3,678,488 108,957,000 0.86%
26 SQUARE INC 9,054,262 105,573,000 0.83%
27 PROCTER AND GAMBLE CO 1,140,912 102,397,000 0.81%
28 ADOBE INC 888,165 96,401,000 0.76%
29 PFIZER INC 2,788,250 94,438,000 0.74%
30 AMERICAN EXPRESS CO 1,396,348 89,422,000 0.71%
31 COMCAST CORP NEW 1,240,649 82,305,000 0.65%
32 PHILIP MORRIS INTL INC 827,345 80,434,000 0.63%
33 ALPHABET INC 103,121 80,155,000 0.63%
34 INTERNATIONAL BUSINESS MACHS 480,035 76,254,000 0.60%
35 ORACLE CORP 1,936,948 76,083,000 0.60%
36 DISNEY WALT CO 809,225 75,145,000 0.59%
37 MERCK & CO INC 1,188,553 74,178,000 0.58%
38 BRISTOL MYERS SQUIBB CO 1,281,853 69,118,000 0.55%
39 CHEVRON CORP NEW 669,904 68,947,000 0.54%
40 INTEL CORP 1,651,155 62,331,000 0.49%
41 UNITED TECHNOLOGIES CORP 594,579 60,409,000 0.48%
42 ALTRIA GROUP INC 944,674 59,732,000 0.47%
43 COCA COLA CO 1,355,646 57,371,000 0.45%
44 SELECT SECTOR SPDR TR 2,967,200 57,267,000 0.45%
45 ACCENTURE PLC IRELAND 463,602 56,638,000 0.45%
46 BANK AMER CORP 3,578,177 55,998,000 0.44%
47 US BANCORP DEL 1,288,438 55,261,000 0.44%
48 PEPSICO INC 502,273 54,632,000 0.43%
49 ABBVIE INC 818,863 51,646,000 0.41%
50 TEXAS INSTRS INC 721,114 50,608,000 0.40%
Page 1 of 20

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000762152-16-000016, filed 2016.11.02).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.