STATE OF MICHIGAN RETIREMENT SYSTEM Q4 2025 Filing
Filed January 29, 2026
Portfolio Value
$20.6B
Holdings
935
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (935 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 201 | PWRQUANTA SVCS INC | 39,048 | $16.5B | 80.14% | |
| 202 | ZMZOOM COMMUNICATIONS INC | 189,866 | $16.4B | 79.66% | |
| 203 | AEPAMERICAN ELEC PWR CO INC | 140,158 | $16.2B | 78.58% | |
| 204 | LHXL3HARRIS TECHNOLOGIES INC | 54,930 | $16.1B | 78.41% | |
| 205 | CMGCHIPOTLE MEXICAN GRILL INC | 430,900 | $15.9B | 77.52% | |
| 206 | STXSEAGATE TECHNOLOGY HLDNGS PL | 57,005 | $15.7B | 76.33% | |
| 207 | CVNACARVANA CO | 37,000 | $15.6B | 75.92% | |
| 208 | ICLRICON PLC | 85,070 | $15.5B | 75.38% | |
| 209 | ROSTROSS STORES INC | 85,156 | $15.3B | 74.59% | |
| 210 | URIUNITED RENTALS INC | 18,954 | $15.3B | 74.59% | |
| 211 | BDXBECTON DICKINSON CO | 78,488 | $15.2B | 74.07% | |
| 212 | ZTSZOETIS INC | 120,864 | $15.2B | 73.95% | |
| 213 | FTNTFORTINET INC | 190,770 | $15.1B | 73.66% | |
| 214 | ABNBAIRBNB INC | 111,300 | $15.1B | 73.45% | |
| 215 | SRESEMPRA | 170,920 | $15.1B | 73.38% | |
| 216 | DHID R HORTON INC | 103,999 | $15.0B | 72.83% | |
| 217 | PYPLPAYPAL HLDGS INC | 254,692 | $14.9B | 72.30% | |
| 218 | MNSTMONSTER BEVERAGE CORP NEW | 192,616 | $14.8B | 71.81% | |
| 219 | AZOAUTOZONE INC | 4,306 | $14.6B | 71.01% | |
| 220 | OREALTY INCOME CORP | 258,748 | $14.6B | 70.92% | |
| 221 | VLOVALERO ENERGY CORP | 88,962 | $14.5B | 70.42% | |
| 222 | APDAIR PRODS CHEMS INC | 58,221 | $14.4B | 69.93% | |
| 223 | ALSALLSTATE CORP | 68,489 | $14.3B | 69.32% | |
| 224 | AFLAFLAC INC | 128,107 | $14.1B | 68.69% | |
| 225 | DDOMINION ENERGY INC | 240,867 | $14.1B | 68.62% | |
| 226 | KMIKINDER MORGAN INC DEL | 512,545 | $14.1B | 68.51% | |
| 227 | PSXPHILLIPS 66 | 105,512 | $13.6B | 66.20% | |
| 228 | COINCOINBASE GLOBAL INC | 59,700 | $13.5B | 65.65% | |
| 229 | VSTVISTRA CORP | 83,400 | $13.5B | 65.42% | |
| 230 | ROPROPER TECHNOLOGIES INC | 30,111 | $13.4B | 65.17% | |
| 231 | FASTFASTENAL CO | 328,156 | $13.2B | 64.03% | |
| 232 | TMDXTRANSMEDICS GROUP INC | 108,000 | $13.1B | 63.89% | |
| 233 | CTSHCOGNIZANT TECHNOLOGY SOLUTIO | 158,123 | $13.1B | 63.82% | |
| 234 | DYHTARGET CORP | 134,122 | $13.1B | 63.75% | |
| 235 | AIGAMERICAN INTL GROUP INC | 153,067 | $13.1B | 63.67% | |
| 236 | FQIDIGITAL RLTY TR INC | 84,581 | $13.1B | 63.63% | |
| 237 | CBRECBRE GROUP INC | 80,638 | $13.0B | 63.04% | |
| 238 | MPCMARATHON PETE CORP | 78,710 | $12.8B | 62.24% | |
| 239 | DALDELTA AIR LINES INC DEL | 183,503 | $12.7B | 61.93% | |
| 240 | GWWWW GRAINGER INC | 12,617 | $12.7B | 61.91% | |
| 241 | EAELECTRONIC ARTS INC | 61,354 | $12.5B | 60.96% | |
| 242 | MPWRMONOLITHIC PWR SYS INC | 13,770 | $12.5B | 60.69% | |
| 243 | METMETLIFE INC | 157,656 | $12.4B | 60.52% | |
| 244 | A4SAMERIPRISE FINL INC | 25,378 | $12.4B | 60.51% | |
| 245 | AMEAMETEK INC | 60,253 | $12.4B | 60.15% | |
| 246 | PEOEXELON CORP | 283,703 | $12.4B | 60.13% | |
| 247 | WDAYWORKDAY INC | 56,800 | $12.2B | 59.32% | |
| 248 | OKEONEOK INC NEW | 164,781 | $12.1B | 58.89% | |
| 249 | ODFLOLD DOMINION FREIGHT LINE IN | 76,288 | $12.0B | 58.16% | |
| 250 | CTVACORTEVA INC | 176,910 | $11.9B | 57.66% | |
| 251 | HPEHEWLETT PACKARD ENTERPRISE C | 492,281 | $11.8B | 57.50% | |
| 252 | BKRBAKER HUGHES COMPANY | 258,312 | $11.8B | 57.20% | |
| 253 | AXONAXON ENTERPRISE INC | 20,700 | $11.8B | 57.16% | |
| 254 | TTWOTAKE TWO INTERACTIVE SOFTWAR | 45,492 | $11.6B | 56.63% | |
| 255 | DELLDELL TECHNOLOGIES INC | 92,358 | $11.6B | 56.53% | |
| 256 | PRUPRUDENTIAL FINL INC | 102,955 | $11.6B | 56.51% | |
| 257 | DDOGDATADOG INC | 85,200 | $11.6B | 56.34% | |
| 258 | NDAQNASDAQ INC | 118,090 | $11.5B | 55.77% | |
| 259 | ROKROCKWELL AUTOMATION INC | 29,413 | $11.4B | 55.64% | |
| 260 | XELXCEL ENERGY INC | 154,894 | $11.4B | 55.63% | |
| 261 | FDSFACTSET RESH SYS INC | 39,235 | $11.4B | 55.36% | |
| 262 | PSAPUBLIC STORAGE OPER CO | 43,721 | $11.3B | 55.17% | |
| 263 | ETHEGRAYSCALE ETHEREUM TRUST ETF | 460,000 | $11.2B | 54.51% | |
| 264 | RSGREPUBLIC SVCS INC | 52,687 | $11.2B | 54.29% | |
| 265 | HIGHARTFORD INSURANCE GROUP INC | 80,141 | $11.0B | 53.70% | |
| 266 | YUMYUM BRANDS INC | 72,714 | $11.0B | 53.49% | |
| 267 | CARRCARRIER GLOBAL CORPORATION | 207,225 | $10.9B | 53.24% | |
| 268 | PCGPG E CORP | 672,760 | $10.8B | 52.57% | |
| 269 | ETRENTERGY CORP NEW | 116,904 | $10.8B | 52.54% | |
| 270 | GRMNGARMIN LTD | 52,697 | $10.7B | 51.98% | |
| 271 | NUENUCOR CORP | 65,410 | $10.7B | 51.88% | |
| 272 | WABWABTEC | 49,716 | $10.6B | 51.60% | |
| 273 | EXPEEXPEDIA GROUP INC | 37,264 | $10.6B | 51.33% | |
| 274 | PEGPUBLIC SVC ENTERPRISE GRP IN | 130,666 | $10.5B | 51.02% | |
| 275 | FICOFAIR ISAAC CORP | 6,200 | $10.5B | 50.97% | |
| 276 | TRGPTARGA RES CORP | 56,200 | $10.4B | 50.42% | |
| 277 | EBAEBAY INC | 118,328 | $10.3B | 50.11% | |
| 278 | PAYXPAYCHEX INC | 91,477 | $10.3B | 49.90% | |
| 279 | FISVFISERV INC | 150,934 | $10.1B | 49.30% | |
| 280 | 8CWCROWN CASTLE INC | 114,052 | $10.1B | 49.28% | |
| 281 | STTSTATE STR CORP | 78,528 | $10.1B | 49.26% | |
| 282 | AG8AGILENT TECHNOLOGIES INC | 74,181 | $10.1B | 49.08% | |
| 283 | UALUNITED AIRLS HLDGS INC | 90,028 | $10.1B | 48.95% | |
| 284 | ATOATMOS ENERGY CORP | 60,010 | $10.1B | 48.91% | |
| 285 | IQVIQVIA HLDGS INC | 44,594 | $10.1B | 48.87% | |
| 286 | KDPKEURIG DR PEPPER INC | 355,700 | $10.0B | 48.45% | |
| 287 | CCLCARNIVAL CORP | 324,344 | $9.9B | 48.16% | |
| 288 | EDCONSOLIDATED EDISON INC | 99,642 | $9.9B | 48.12% | |
| 289 | VMCVULCAN MATLS CO | 34,576 | $9.9B | 47.95% | |
| 290 | MLMMARTIN MARIETTA MATLS INC | 15,837 | $9.9B | 47.95% | |
| 291 | ACGLARCH CAP GROUP LTD | 102,500 | $9.8B | 47.80% | |
| 292 | GEHCGE HEALTHCARE TECHNOLOGIES I | 119,253 | $9.8B | 47.56% | |
| 293 | FANGDIAMONDBACK ENERGY INC | 64,963 | $9.8B | 47.48% | |
| 294 | RMERESMED INC | 39,811 | $9.6B | 46.63% | |
| 295 | VENVENTAS INC | 123,005 | $9.5B | 46.28% | |
| 296 | ADMARCHER DANIELS MIDLAND CO | 164,041 | $9.4B | 45.85% | |
| 297 | FIXCOMFORT SYS USA INC | 10,000 | $9.3B | 45.38% | |
| 298 | FSLRFIRST SOLAR INC | 35,600 | $9.3B | 45.22% | |
| 299 | SYYSYSCO CORP | 125,317 | $9.2B | 44.90% | |
| 300 | PHMPULTE GROUP INC | 78,369 | $9.2B | 44.68% |