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)

StockValue
NVDANVIDIA CORPORATION
$1.5B
AAPLAPPLE INC
$1.1B
MSFTMICROSOFT CORP
$1.1B
AMZNAMAZON COM INC
$693.2M
AVGOBROADCOM INC
$639.2M
GOOGLALPHABET INC
$602.6M
SPYSPDR S P 500 ETF TR
$600.0M
METAMETA PLATFORMS INC
$560.0M
GOOGALPHABET INC
$492.3M
TSLATESLA INC
$330.8M
MTUMISHARES TR
$322.2M
JPMJPMORGAN CHASE CO
$294.1M
LLYELI LILLY CO
$275.9M
LQDISHARES TR
$239.4M
VVISA INC
$194.0M
AMDADVANCED MICRO DEVICES INC
$180.5M
BRK/BBERKSHIRE HATHAWAY INC DEL
$170.8M
PLTRPALANTIR TECHNOLOGIES INC
$156.1M
NFLXNETFLIX INC
$150.0M
COSTCOSTCO WHSL CORP NEW
$146.4M
MAMASTERCARD INCORPORATED
$137.9M
JNJJOHNSON JOHNSON
$135.4M
XOMEXXON MOBIL CORP
$132.9M
WMTWALMART INC
$130.8M
ISRGINTUITIVE SURGICAL INC
$118.6M
ABBVABBVIE INC
$105.7M
MUMICRON TECHNOLOGY INC
$104.8M
BACBANK AMERICA CORP
$103.0M
T7DTRANSDIGM GROUP INC
$100.8M
DUOLDUOLINGO INC
$98.4M
CSCOCISCO SYS INC
$94.2M
KBDCKAYNE ANDERSON BDC INC
$94.0M
PGPROCTER AND GAMBLE CO
$90.2M
HDHOME DEPOT INC
$89.7M
BRK-BBERKSHIRE HATHAWAY INC DEL
$87.6M
KRKROGER CO
$87.0M
ORCLORACLE CORP
$85.8M
GEGE AEROSPACE
$85.1M
UNHUNITEDHEALTH GROUP INC
$80.8M
WFCWELLS FARGO CO NEW
$80.7M
MRKMERCK CO INC
$76.3M
CVXCHEVRON CORP NEW
$75.5M
CATCATERPILLAR INC
$74.7M
KOCOCA COLA CO
$72.7M
IBMINTERNATIONAL BUSINESS MACHS
$72.5M
ANETARISTA NETWORKS INC
$70.3M
GSGOLDMAN SACHS GROUP INC
$69.1M
IJHISHARES TR
$68.3M
HIMSHIMS HERS HEALTH INC
$66.8M
CRMSALESFORCE INC
$66.0M
AMATAPPLIED MATLS INC
$65.9M
4I1PHILIP MORRIS INTL INC
$65.4M
RTXRTX CORPORATION
$64.4M
CITHE CIGNA GROUP
$63.1M
LRCXLAM RESEARCH CORP
$62.3M
VLUEISHARES TR
$61.2M
TRVCCITIGROUP INC
$60.4M
ABTABBOTT LABS
$59.2M
QCOMQUALCOMM INC
$57.4M
MBBISHARES TR
$57.1M
DISDISNEY WALT CO
$57.0M
TMOTHERMO FISHER SCIENTIFIC INC
$57.0M
MCDMCDONALDS CORP
$57.0M
XLVSELECT SECTOR SPDR TR
$56.4M
DWDMORGAN STANLEY
$56.1M
INTCINTEL CORP
$55.1M
LINLINDE PLC
$54.2M
TAT T INC
$53.9M
TJXTJX COS INC NEW
$53.6M
PEPPEPSICO INC
$52.5M
BACVERIZON COMMUNICATIONS INC
$52.3M
APHAMPHENOL CORP NEW
$52.3M
AXPAMERICAN EXPRESS CO
$52.0M
APPAPPLOVIN CORP
$50.6M
ACNACCENTURE PLC IRELAND
$50.3M
QUALISHARES TR
$48.7M
NOWSERVICENOW INC
$48.5M
INTUINTUIT
$48.4M
KLACKLA CORP
$47.2M
GEVGE VERNOVA INC
$46.4M
AMGNAMGEN INC
$46.1M
BKNGBOOKING HOLDINGS INC
$45.3M
TSMTAIWAN SEMICONDUCTOR MFG LTD
$45.0M
BABOEING CO
$44.5M
UBERUBER TECHNOLOGIES INC
$44.5M
SPGIS P GLOBAL INC
$44.0M
NEENEXTERA ENERGY INC
$43.8M
SCHWSCHWAB CHARLES CORP
$43.7M
ADBEADOBE INC
$43.1M
COFCAPITAL ONE FINL CORP
$42.9M
HUBSHUBSPOT INC
$42.7M
BLKBLACKROCK INC
$42.0M
PFEPFIZER INC
$41.6M
TXNTEXAS INSTRS INC
$41.3M
GILDGILEAD SCIENCES INC
$39.9M
VRTVERTIV HOLDINGS CO
$38.8M
ICEINTERCONTINENTAL EXCHANGE IN
$37.7M
BABAALIBABA GROUP HLDG LTD
$37.7M
DHRDANAHER CORPORATION
$37.7M
BSXBOSTON SCIENTIFIC CORP
$37.0M
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