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STATE OF MICHIGAN RETIREMENT SYSTEM Last Quarter Change: USA ETF, Unchanged

STATE OF MICHIGAN RETIREMENT SYSTEM quarter change: USA ETF, Unchanged

In exchange-traded fund shares (known by the fund name on the filing) (listed in the US), from the quarter ended 2026-03-31 to 2026-06-30, STATE OF MICHIGAN RETIREMENT SYSTEM opened 6 positions, added to 4, reduced 2, sold out of 1 and left 3 unchanged. The largest increase in value was SPY (+$127,845,779); the largest decrease was XLV (-$59,345,969).

  • ETHE: Country of operation United States; Class SHS; Shares 2026-03-31 460,000; Shares 2026-06-30 460,000.
  • ARKB: Country of operation United States; Class SHS BEN INT; Shares 2026-03-31 300,000; Shares 2026-06-30 300,000.
  • MBB: Country of operation —; Class MBS ETF; Shares 2026-03-31 600,000; Shares 2026-06-30 600,000.

Two Form 13F-HR filings compared (SEC CIK 762152): 2026-03-31 (filed 2026-05-04) and 2026-06-30 (filed 2026-07-30). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.

StockCountry of operationClassShares 2026-03-31Shares 2026-06-30Share changeValue 2026-03-31Value 2026-06-30Value change
ETHE
GRAYSCALE ETHEREUM STAKING E
United StatesSHS460,000460,0000$7,852,200$5,869,600-$1,982,600
ARKB
ARK 21SHARES BITCOIN ETF
United StatesSHS BEN INT300,000300,0000$6,747,000$5,838,000-$909,000
MBB
ISHARES TR
MBS ETF600,000600,0000$56,970,000$56,712,000-$258,000

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