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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 (2017Q1)
Portfolio Summary: 945 holdings with a total value of $12,934,964,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 APPLE INC 4,237,210 608,718,000 4.71%
2 BERKSHIRE HATHAWAY INC DEL 2,794,862 465,848,000 3.60%
3 JPMORGAN CHASE & CO 4,670,500 410,257,000 3.17%
4 VERIZON COMMUNICATIONS INC 6,987,318 340,632,000 2.63%
5 SPDR S&P 500 ETF TR 1,359,450 320,477,000 2.48%
6 WELLS FARGO & CO NEW 5,480,997 305,072,000 2.36%
7 FACEBOOK INC 1,659,116 235,677,000 1.82%
8 HOME DEPOT INC 1,470,028 215,844,000 1.67%
9 GILEAD SCIENCES INC 3,175,801 215,700,000 1.67%
10 MICROSOFT CORP 3,210,717 211,458,000 1.63%
11 AFLAC INC 2,818,582 204,122,000 1.58%
12 ALPHABET INC 239,038 202,656,000 1.57%
13 PROCTER AND GAMBLE CO 2,193,303 197,068,000 1.52%
14 VALIDUS HOLDINGS LTD 3,408,643 192,213,000 1.49%
15 DISNEY WALT CO 1,355,053 153,649,000 1.19%
16 AMAZON COM INC 170,902 151,511,000 1.17%
17 TWO HBRS INVT CORP 15,604,284 149,645,000 1.16%
18 JOHNSON & JOHNSON 1,083,364 134,933,000 1.04%
19 WILLIS TOWERS WATSON PUB LTD 1,025,455 134,222,000 1.04%
20 VISA INC 1,333,344 118,494,000 0.92%
21 ADOBE INC 877,153 114,144,000 0.88%
22 AT&T INC 2,721,059 113,060,000 0.87%
23 CVS HEALTH CORP 1,439,540 113,004,000 0.87%
24 EXXON MOBIL CORP 1,362,032 111,700,000 0.86%
25 PFIZER INC 3,070,526 105,043,000 0.81%
26 GENERAL ELECTRIC CO 3,416,860 101,822,000 0.79%
27 HONEYWELL INTL INC 798,213 99,673,000 0.77%
28 COMCAST CORP NEW 2,368,322 89,025,000 0.69%
29 PHILIP MORRIS INTL INC 776,465 87,663,000 0.68%
30 ALPHABET INC 97,017 80,481,000 0.62%
31 INTEL CORP 2,226,211 80,299,000 0.62%
32 BANK AMER CORP 3,292,935 77,680,000 0.60%
33 AMERICAN EXPRESS CO 960,496 75,985,000 0.59%
34 ZOETIS INC 1,391,592 74,269,000 0.57%
35 MERCK & CO INC 1,125,349 71,505,000 0.55%
36 ORACLE CORP 1,558,260 69,514,000 0.54%
37 SHERWIN WILLIAMS CO 216,691 67,215,000 0.52%
38 CHEVRON CORP NEW 621,868 66,770,000 0.52%
39 CELGENE CORP 535,552 66,639,000 0.52%
40 WAL-MART STORES INC 863,234 62,222,000 0.48%
41 US BANCORP DEL 1,191,642 61,370,000 0.47%
42 ABBVIE INC 941,203 61,329,000 0.47%
43 UNITED PARCEL SERVICE INC 563,386 60,451,000 0.47%
44 FORTRESS TRANS INFRST INVS L 3,776,923 56,314,000 0.44%
45 APOLLO COML REAL EST FIN INC 2,980,768 56,068,000 0.43%
46 CISCO SYS INC 1,644,891 55,597,000 0.43%
47 UNITED TECHNOLOGIES CORP 493,903 55,421,000 0.43%
48 PRICELINE GRP INC 30,825 54,868,000 0.42%
49 CITIGROUPINC 910,056 54,440,000 0.42%
50 ISHARES TR 315,500 54,020,000 0.42%
Page 1 of 19

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000762152-17-000003, filed 2017.05.01).

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.