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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
51 UNITEDHEALTH GROUP INC 361,413 50,598,000 0.40%
52 SALESFORCE COM INC 705,984 50,358,000 0.40%
53 COLGATE PALMOLIVE CO 663,144 49,165,000 0.39%
54 ISHARES TR 316,700 48,997,000 0.39%
55 APOLLO COML REAL EST FIN INC 2,980,768 48,795,000 0.38%
56 TIME WARNER INC 604,803 48,148,000 0.38%
57 CITIGROUPINC 1,019,230 48,138,000 0.38%
58 FORTRESS TRANS INFRST INVS L 3,776,923 47,249,000 0.37%
59 REGENERON PHARMACEUTICALS 109,200 43,901,000 0.35%
60 WAL-MART STORES INC 606,434 43,736,000 0.34%
61 AMGEN INC 261,162 43,564,000 0.34%
62 TRACTOR SUPPLY CO 645,300 43,461,000 0.34%
63 GOLDMAN SACHS GROUP INC 258,482 41,685,000 0.33%
64 MEDTRONIC PLC 482,290 41,670,000 0.33%
65 LOCKHEED MARTIN CORP 170,222 40,806,000 0.32%
66 GENERAL DYNAMICS CORP 262,611 40,747,000 0.32%
67 EMERSON ELEC CO 731,427 39,870,000 0.31%
68 DANAHER CORP DEL 500,371 39,224,000 0.31%
69 TJX COS INC NEW 518,186 38,750,000 0.31%
70 SCHLUMBERGER LTD 485,344 38,167,000 0.30%
71 UNITED PARCEL SERVICE INC 347,262 37,977,000 0.30%
72 NORTHROP GRUMMAN CORP 176,489 37,760,000 0.30%
73 QUALCOMM INC 543,295 37,216,000 0.29%
74 3M CO 210,952 37,176,000 0.29%
75 MCKESSON CORP 216,353 36,077,000 0.28%
76 MASTERCARD INCORPORATED 342,600 34,866,000 0.27%
77 MCDONALDS CORP 297,789 34,353,000 0.27%
78 FORTUNE BRANDS HOME & SEC IN 582,600 33,849,000 0.27%
79 ZOETIS INC 640,756 33,326,000 0.26%
80 CARDINAL HEALTH INC 425,831 33,087,000 0.26%
81 VALERO ENERGY CORP NEW 614,360 32,561,000 0.26%
82 UNION PAC CORP 331,056 32,288,000 0.25%
83 CA INC 967,424 32,002,000 0.25%
84 ALLERGAN PLC 138,152 31,818,000 0.25%
85 KINDER MORGAN INC DEL 1,337,898 30,946,000 0.24%
86 CBS CORP NEW 559,367 30,620,000 0.24%
87 REYNOLDS AMERICAN INC 621,386 29,298,000 0.23%
88 DUKE ENERGY CORP NEW 366,036 29,298,000 0.23%
89 CELGENE CORP 270,480 28,273,000 0.22%
90 STARBUCKS CORP 511,864 27,712,000 0.22%
91 LILLY ELI & CO 339,002 27,208,000 0.21%
92 BOEING CO 202,490 26,676,000 0.21%
93 CROWN CASTLE INTL CORP NEW 273,554 25,772,000 0.20%
94 Ellington Financial LLC 1,544,778 25,751,000 0.20%
95 PRICELINE GRP INC 17,321 25,488,000 0.20%
96 BERKSHIRE HATHAWAY INC DEL 116 25,082,000 0.20%
97 QUEST DIAGNOSTICS INC 293,783 24,863,000 0.20%
98 NIKE INC 470,564 24,775,000 0.20%
99 WALGREENS BOOTS ALLIANCE INC 298,417 24,058,000 0.19%
100 ALLY FINL INC 1,230,966 23,967,000 0.19%
Page 2 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.