STATE OF MICHIGAN RETIREMENT SYSTEM quarter change: USA Stocks, Reduced
In share positions in stocks (listed in the US), from the quarter ended 2026-03-31 to 2026-06-30, STATE OF MICHIGAN RETIREMENT SYSTEM opened 31 positions, added to 146, reduced 734, sold out of 16 and left 29 unchanged. The largest increase in value was AMD (+$333,523,341); the largest decrease was TDG (-$68,802,380).
- NVDA: Country of operation United States; Class COM; Shares 2026-03-31 7,244,460; Shares 2026-06-30 7,144,304.
- AAPL: Country of operation United States; Class COM; Shares 2026-03-31 3,900,499; Shares 2026-06-30 3,830,399.
- GOOGL: Country of operation United States; Class CAP STK CL A; Shares 2026-03-31 1,596,380; Shares 2026-06-30 1,578,570.
- INTC: Country of operation United States; Class COM; Shares 2026-03-31 1,546,983; Shares 2026-06-30 1,209,653.
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.
| Stock | Country of operation | Class | Shares 2026-03-31 | Shares 2026-06-30 | Share change | Value 2026-03-31 | Value 2026-06-30 | Value change |
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NVDA
NVIDIA CORPORATION | United States | COM | 7,244,460 | 7,144,304 | -100,156 | $1,263,433,824 | $1,429,503,787 | +$166,069,963 |
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AAPL
APPLE INC | United States | COM | 3,900,499 | 3,830,399 | -70,100 | $989,907,641 | $1,108,364,255 | +$118,456,614 |
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GOOGL
ALPHABET INC | United States | CAP STK CL A | 1,596,380 | 1,578,570 | -17,810 | $459,055,033 | $564,133,561 | +$105,078,528 |
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INTC
INTEL CORP | United States | COM | 1,546,983 | 1,209,653 | -337,330 | $68,268,360 | $168,903,848 | +$100,635,488 |
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GOOG
ALPHABET INC | United States | CAP STK CL C | 1,573,260 | 1,560,960 | -12,300 | $451,305,364 | $551,533,997 | +$100,228,633 |
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AVGO
BROADCOM INC | United States | COM | 1,689,060 | 1,634,642 | -54,418 | $522,780,961 | $617,486,016 | +$94,705,055 |
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LRCX
LAM RESEARCH CORP | United States | COM | 361,600 | 358,800 | -2,800 | $77,259,456 | $155,478,804 | +$78,219,348 |
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AMAT
APPLIED MATLS INC | United States | COM | 255,055 | 223,051 | -32,004 | $87,175,248 | $161,265,873 | +$74,090,625 |
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TDG
TRANSDIGM GROUP INC | United States | COM | 75,792 | 14,292 | -61,500 | $87,839,896 | $19,037,516 | -$68,802,380 |
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AMZN
AMAZON COM INC | United States | COM | 2,703,120 | 2,647,879 | -55,241 | $562,978,802 | $631,095,481 | +$68,116,679 |
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SNDK
SANDISK CORP | United States | COM | 38,601 | 37,901 | -700 | $24,524,759 | $86,176,641 | +$61,651,882 |
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LLY
ELI LILLY CO | United States | COM | 215,804 | 212,904 | -2,900 | $198,490,045 | $255,363,445 | +$56,873,400 |
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META
META PLATFORMS INC | United States | CL A | 849,414 | 762,054 | -87,360 | $485,975,232 | $429,257,398 | -$56,717,834 |
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CSCO
CISCO SYS INC | United States | COM | 1,223,362 | 1,154,062 | -69,300 | $94,920,658 | $135,556,123 | +$40,635,465 |
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CI
THE CIGNA GROUP | United States | COM | 228,141 | 79,541 | -148,600 | $60,856,612 | $21,927,863 | -$38,928,749 |
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CAT
CATERPILLAR INC | United States | COM | 129,572 | 117,972 | -11,600 | $91,796,579 | $125,628,383 | +$33,831,804 |
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TSLA
TESLA INC | United States | COM | 734,657 | 720,857 | -13,800 | $273,108,740 | $303,192,454 | +$30,083,714 |
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NFLX
NETFLIX INC | United States | COM | 1,163,190 | 1,155,690 | -7,500 | $111,840,719 | $82,516,266 | -$29,324,453 |
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WDC
WESTERN DIGITAL CORP | United States | COM | 102,657 | 88,257 | -14,400 | $27,767,692 | $56,371,511 | +$28,603,819 |
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GLW
CORNING INC | United States | COM | 203,999 | 200,499 | -3,500 | $27,737,744 | $51,213,460 | +$23,475,716 |
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TXN
TEXAS INSTRS INC | United States | COM | 237,061 | 233,061 | -4,000 | $46,023,023 | $69,468,492 | +$23,445,469 |
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DELL
DELL TECHNOLOGIES INC | United States | CL C | 91,058 | 86,558 | -4,500 | $14,945,350 | $37,346,315 | +$22,400,965 |
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GE
GE AEROSPACE | United States | COM | 273,961 | 267,161 | -6,800 | $77,741,913 | $99,846,081 | +$22,104,168 |
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CVX
CHEVRON CORPORATION | United States | COM | 489,639 | 479,339 | -10,300 | $101,306,309 | $79,455,233 | -$21,851,076 |
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GEV
GE VERNOVA INC | United States | COM | 70,440 | 69,840 | -600 | $61,487,076 | $82,052,222 | +$20,565,146 |
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UNH
UNITEDHEALTH GROUP INC | United States | COM | 281,419 | 232,519 | -48,900 | $76,149,167 | $96,641,872 | +$20,492,705 |
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APH
AMPHENOL CORP | United States | CL A | 369,674 | 363,574 | -6,100 | $46,708,310 | $64,105,368 | +$17,397,058 |
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JPM
JPMORGAN CHASE CO | United States | COM | 704,331 | 686,031 | -18,300 | $207,186,007 | $224,558,527 | +$17,372,520 |
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WMT
WALMART INC | United States | COM | 1,171,520 | 1,151,220 | -20,300 | $145,596,506 | $130,387,177 | -$15,209,329 |
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V
VISA INC | United States | COM CL A | 465,623 | 453,023 | -12,600 | $140,729,896 | $155,427,661 | +$14,697,765 |
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ABBV
ABBVIE INC | United States | COM | 461,708 | 452,408 | -9,300 | $100,416,873 | $113,843,949 | +$13,427,076 |
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QCOM
QUALCOMM INC | United States | COM | 333,766 | 304,066 | -29,700 | $42,982,385 | $56,188,356 | +$13,205,971 |
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FTNT
FORTINET INC | United States | COM | 190,470 | 182,570 | -7,900 | $15,565,208 | $28,046,403 | +$12,481,195 |
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MS
MORGAN STANLEY | United States | COM | 314,326 | 306,926 | -7,400 | $51,728,630 | $64,159,811 | +$12,431,181 |
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BAC
BANK OF AMER CORP | United States | COM | 1,848,012 | 1,798,812 | -49,200 | $90,090,585 | $102,496,308 | +$12,405,723 |
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NKE
NIKE INC | United States | CL B | 461,715 | 307,103 | -154,612 | $24,387,786 | $12,606,578 | -$11,781,208 |
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GS
GOLDMAN SACHS GROUP INC | United States | COM | 78,367 | 75,567 | -2,800 | $66,297,698 | $76,426,197 | +$10,128,499 |
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CRM
SALESFORCE INC | United States | COM | 244,743 | 228,643 | -16,100 | $45,686,176 | $35,819,212 | -$9,866,964 |
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C
CITIGROUP INC | United States | COM | 505,936 | 480,136 | -25,800 | $57,378,202 | $67,199,835 | +$9,821,633 |
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COP
CONOCOPHILLIPS | United States | COM | 320,028 | 311,928 | -8,100 | $42,243,696 | $32,428,035 | -$9,815,661 |
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COST
COSTCO WHOLESALE CORPORATION | United States | COM | 119,669 | 117,369 | -2,300 | $119,241,782 | $109,795,178 | -$9,446,604 |
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ADI
ANALOG DEVICES INC | United States | COM | 127,655 | 124,955 | -2,700 | $40,612,162 | $49,628,377 | +$9,016,215 |
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HPE
HEWLETT PACKARD ENTERPRISE C | United States | COM | 493,981 | 456,181 | -37,800 | $11,761,688 | $20,578,325 | +$8,816,637 |
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MCD
MCDONALDS CORP | United States | COM | 186,015 | 181,915 | -4,100 | $57,811,602 | $49,173,444 | -$8,638,158 |
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IBM
INTERNATIONAL BUSINESS MACHS | United States | COM | 244,140 | 240,640 | -3,500 | $59,177,095 | $67,670,374 | +$8,493,279 |
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ICE
INTERCONTINENTAL EXCHANGE IN | United States | COM | 231,942 | 228,442 | -3,500 | $36,479,838 | $28,123,495 | -$8,356,343 |
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PEP
PEPSICO INC | United States | COM | 365,122 | 358,222 | -6,900 | $56,699,795 | $48,503,259 | -$8,196,536 |
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BSX
BOSTON SCIENTIFIC CORP | United States | COM | 387,408 | 380,608 | -6,800 | $24,309,852 | $16,244,349 | -$8,065,503 |
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ABT
ABBOTT LABORATORIES | United States | COM | 471,457 | 445,957 | -25,500 | $48,404,490 | $40,466,138 | -$7,938,352 |
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CME
CME GROUP INC | United States | COM | 98,144 | 96,544 | -1,600 | $28,986,830 | $21,319,812 | -$7,667,018 |
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ISRG
INTUITIVE SURGICAL INC | United States | COM | 104,153 | 102,053 | -2,100 | $48,013,491 | $40,584,437 | -$7,429,054 |
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HUM
HUMANA INC | United States | COM | 33,425 | 33,125 | -300 | $5,795,561 | $13,157,913 | +$7,362,352 |
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NEM
NEWMONT CORP | United States | COM | 314,545 | 294,445 | -20,100 | $34,049,496 | $27,501,163 | -$6,548,333 |
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NOC
NORTHROP GRUMMAN CORP | United States | COM | 34,818 | 34,218 | -600 | $23,754,232 | $17,427,570 | -$6,326,662 |
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TMUS
T MOBILE US INC | United States | COM | 123,741 | 119,141 | -4,600 | $25,989,322 | $19,983,520 | -$6,005,802 |
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MSFT
MICROSOFT CORP | United States | COM | 2,057,867 | 2,026,202 | -31,665 | $761,760,627 | $755,813,870 | -$5,946,757 |
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CMI
CUMMINS INC | United States | COM | 36,131 | 35,331 | -800 | $19,439,201 | $25,198,423 | +$5,759,222 |
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LMT
LOCKHEED MARTIN CORP | United States | COM | 57,718 | 57,218 | -500 | $34,884,182 | $29,150,282 | -$5,733,900 |
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ELV
ELEVANCE HEALTH INC FORMERLY | United States | COM | 63,151 | 61,951 | -1,200 | $18,487,455 | $23,958,310 | +$5,470,855 |
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NXPI
NXP SEMICONDUCTORS N V | | COM | 76,868 | 73,168 | -3,700 | $15,132,234 | $20,562,403 | +$5,430,169 |
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SLB
SLB LIMITED | | COM | 468,238 | 401,838 | -66,400 | $24,062,751 | $18,681,449 | -$5,381,302 |
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WELL
WELLTOWER INC | United States | COM | 182,309 | 180,709 | -1,600 | $36,044,312 | $41,015,522 | +$4,971,210 |
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PM
PHILIP MORRIS INTL INC | United States | COM | 406,658 | 399,058 | -7,600 | $67,236,834 | $72,193,583 | +$4,956,749 |
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TT
TRANE TECHNOLOGIES PLC | | SHS | 62,613 | 62,213 | -400 | $26,093,342 | $30,556,537 | +$4,463,195 |
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HD
HOME DEPOT INC | United States | COM | 260,084 | 254,984 | -5,100 | $85,539,027 | $89,927,757 | +$4,388,730 |
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REGN
REGENERON PHARMACEUTICALS | United States | COM | 26,321 | 25,621 | -700 | $20,336,657 | $15,975,718 | -$4,360,939 |
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MNST
MONSTER BEVERAGE CORP NEW | United States | COM | 192,216 | 188,716 | -3,500 | $13,927,971 | $18,139,382 | +$4,211,411 |
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BNY
BANK OF N Y MELLON CORP | United States | COM | 179,837 | 175,737 | -4,100 | $21,334,063 | $25,413,328 | +$4,079,265 |
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KO
COCA COLA CO | United States | COM | 1,038,148 | 1,021,448 | -16,700 | $78,951,155 | $83,013,079 | +$4,061,924 |
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HCA
HCA HEALTHCARE INC | United States | COM | 40,909 | 39,809 | -1,100 | $19,359,775 | $15,521,131 | -$3,838,644 |
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AXP
AMERICAN EXPRESS CO | United States | COM | 139,877 | 136,277 | -3,600 | $42,309,995 | $46,095,695 | +$3,785,700 |
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PNC
PNC FINL SVCS GROUP INC | United States | COM | 112,156 | 110,156 | -2,000 | $23,338,542 | $27,122,610 | +$3,784,068 |
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UNP
UNION PAC CORP | United States | COM | 155,045 | 152,045 | -3,000 | $37,617,018 | $41,356,240 | +$3,739,222 |
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DE
DEERE CO | United States | COM | 65,857 | 64,357 | -1,500 | $37,097,248 | $40,823,576 | +$3,726,328 |
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NEE
NEXTERA ENERGY INC | United States | COM | 543,998 | 533,898 | -10,100 | $50,526,534 | $46,860,227 | -$3,666,307 |
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ROK
ROCKWELL AUTOMATION INC | United States | COM | 29,313 | 28,513 | -800 | $10,519,849 | $14,116,216 | +$3,596,367 |
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JNJ
JOHNSON JOHNSON | United States | COM | 653,167 | 642,467 | -10,700 | $159,660,141 | $163,167,344 | +$3,507,203 |
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MCHP
MICROCHIP TECHNOLOGY INC | United States | COM | 141,318 | 138,518 | -2,800 | $9,130,556 | $12,632,842 | +$3,502,286 |
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CIEN
CIENA CORP | United States | COM | 36,800 | 36,200 | -600 | $14,286,864 | $17,758,272 | +$3,471,408 |
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CSX
CSX CORP | United States | COM | 531,584 | 529,884 | -1,700 | $21,821,523 | $25,185,387 | +$3,363,864 |
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MKSI
MKS INC | United States | COM | 16,140 | 15,840 | -300 | $3,709,133 | $7,045,632 | +$3,336,499 |
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MDT
MEDTRONIC PLC | Ireland | SHS | 334,898 | 328,698 | -6,200 | $29,018,912 | $25,714,045 | -$3,304,867 |
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ON
ON SEMICONDUCTOR CORP | United States | COM | 128,036 | 118,436 | -9,600 | $7,927,989 | $11,196,939 | +$3,268,950 |
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HAL
HALLIBURTON CO | United States | COM | 276,922 | 223,022 | -53,900 | $10,797,189 | $7,571,597 | -$3,225,592 |
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DASH
DOORDASH INC | United States | CL A | 97,700 | 96,900 | -800 | $14,669,655 | $17,880,957 | +$3,211,302 |
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FANG
DIAMONDBACK ENERGY INC | United States | COM | 66,863 | 57,163 | -9,700 | $13,224,833 | $10,048,112 | -$3,176,721 |
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USB
US BANCORP | United States | COM | 435,982 | 427,782 | -8,200 | $22,675,424 | $25,838,033 | +$3,162,609 |
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SBUX
STARBUCKS CORP | United States | COM | 297,659 | 291,859 | -5,800 | $26,667,270 | $29,825,071 | +$3,157,801 |
|---|
GWW
WW GRAINGER INC | United States | COM | 12,617 | 12,417 | -200 | $13,762,750 | $16,892,087 | +$3,129,337 |
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CARR
CARRIER GLOBAL CORPORATION | United States | COM | 205,225 | 199,925 | -5,300 | $11,556,220 | $14,664,499 | +$3,108,279 |
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NTAP
NETAPP INC | United States | COM | 66,429 | 63,929 | -2,500 | $6,801,665 | $9,893,652 | +$3,091,987 |
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STRL
STERLING INFRASTRUCTURE INC | United States | COM | 7,400 | 7,200 | -200 | $3,013,798 | $6,043,392 | +$3,029,594 |
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LHX
L3HARRIS TECHNOLOGIES INC | United States | COM | 54,830 | 54,730 | -100 | $18,924,575 | $15,903,991 | -$3,020,584 |
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LOW
LOWES COS INC | United States | COM | 146,570 | 143,370 | -3,200 | $34,631,560 | $31,611,651 | -$3,019,909 |
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TWLO
TWILIO INC | United States | CL A | 44,100 | 41,500 | -2,600 | $5,548,662 | $8,562,695 | +$3,014,033 |
|---|
STT
STATE STR CORP | United States | COM | 78,328 | 75,428 | -2,900 | $9,913,192 | $12,792,589 | +$2,879,397 |
|---|
ADSK
AUTODESK INC | United States | COM | 59,823 | 58,923 | -900 | $14,321,626 | $11,455,810 | -$2,865,816 |
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BA
BOEING CO | United States | COM | 205,196 | 201,796 | -3,400 | $40,840,160 | $43,682,780 | +$2,842,620 |
|---|
VRTX
VERTEX PHARMACEUTICALS INC | United States | COM | 69,123 | 67,823 | -1,300 | $30,866,184 | $33,689,719 | +$2,823,535 |
|---|
NUE
NUCOR CORP | United States | COM | 65,310 | 62,110 | -3,200 | $11,043,921 | $13,835,003 | +$2,791,082 |
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