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).
- ZBRA: Country of operation United States; Class CL A; Shares 2026-03-31 13,791; Shares 2026-06-30 12,191.
- DAR: Country of operation United States; Class COM; Shares 2026-03-31 38,074; Shares 2026-06-30 37,174.
- TEX: Country of operation United States; Class COM; Shares 2026-03-31 27,318; Shares 2026-06-30 26,718.
- DKS: Country of operation United States; Class COM; Shares 2026-03-31 15,970; Shares 2026-06-30 15,370.
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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ZBRA
ZEBRA TECHNOLOGIES CORPORATI | United States | CL A | 13,791 | 12,191 | -1,600 | $2,883,422 | $3,209,403 | +$325,981 |
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DAR
DARLING INGREDIENTS INC | United States | COM | 38,074 | 37,174 | -900 | $2,354,877 | $2,030,444 | -$324,433 |
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TEX
TEREX CORP NEW | United States | COM | 27,318 | 26,718 | -600 | $1,614,494 | $1,934,116 | +$319,622 |
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DKS
DICKS SPORTING GOODS INC | United States | COM | 15,970 | 15,370 | -600 | $3,166,691 | $3,486,070 | +$319,379 |
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CLX
CLOROX CO DEL | United States | COM | 31,551 | 30,951 | -600 | $3,269,630 | $2,953,963 | -$315,667 |
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GPC
GENUINE PARTS CO | United States | COM | 36,329 | 35,229 | -1,100 | $3,841,792 | $4,156,317 | +$314,525 |
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SSD
SIMPSON MFG INC | United States | COM | 9,927 | 9,627 | -300 | $1,703,672 | $2,015,412 | +$311,740 |
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INGR
INGREDION INC | United States | COM | 15,188 | 14,788 | -400 | $1,711,080 | $1,400,571 | -$310,509 |
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SCI
SERVICE CORP INTL | United States | COM | 33,462 | 32,262 | -1,200 | $2,760,950 | $2,450,622 | -$310,328 |
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TAP
MOLSON COORS BEVERAGE CO | | CL B | 44,238 | 41,038 | -3,200 | $1,904,888 | $1,598,840 | -$306,048 |
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CPT
CAMDEN PPTY TR | United States | SH BEN INT | 27,000 | 25,700 | -1,300 | $2,636,820 | $2,942,393 | +$305,573 |
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FRT
FEDERAL RLTY INVT TR NEW | United States | SH BEN INT | 20,524 | 20,124 | -400 | $2,179,854 | $2,484,107 | +$304,253 |
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PEGA
PEGASYSTEMS INC | United States | COM | 22,000 | 21,100 | -900 | $936,320 | $632,367 | -$303,953 |
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MUR
MURPHY OIL CORP | United States | COM | 32,247 | 31,547 | -700 | $1,330,189 | $1,027,170 | -$303,019 |
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RPM
RPM INTL INC | United States | COM | 32,018 | 31,318 | -700 | $3,182,589 | $3,480,996 | +$298,407 |
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EVR
EVERCORE INC | United States | CLASS A | 9,305 | 9,005 | -300 | $2,777,636 | $3,074,667 | +$297,031 |
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M
MACYS INC | United States | COM | 63,970 | 61,670 | -2,300 | $1,157,217 | $1,452,329 | +$295,112 |
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AVTR
AVANTOR INC | United States | COM | 164,100 | 159,700 | -4,400 | $1,286,544 | $1,581,030 | +$294,486 |
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OMC
OMNICOM GROUP INC | United States | COM | 89,182 | 88,182 | -1,000 | $6,716,296 | $6,422,295 | -$294,001 |
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AMH
AMERICAN HOMES 4 RENT | United States | CL A | 78,500 | 74,100 | -4,400 | $2,191,720 | $2,483,832 | +$292,112 |
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MDLZ
MONDELEZ INTL INC | United States | CL A | 334,870 | 328,670 | -6,200 | $19,301,907 | $19,010,273 | -$291,634 |
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AXTA
AXALTA COATING SYS LTD | United States | COM | 51,400 | 50,100 | -1,300 | $1,423,780 | $1,714,422 | +$290,642 |
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WTFC
WINTRUST FINL CORP | United States | COM | 16,163 | 15,763 | -400 | $2,245,687 | $2,533,429 | +$287,742 |
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THG
HANOVER INS GROUP INC | United States | COM | 8,532 | 8,232 | -300 | $1,479,022 | $1,762,636 | +$283,614 |
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HXL
HEXCEL CORP NEW | United States | COM | 18,297 | 17,597 | -700 | $1,480,776 | $1,760,756 | +$279,980 |
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CELH
CELSIUS HLDGS INC | United States | COM | 38,500 | 37,100 | -1,400 | $1,365,980 | $1,086,288 | -$279,692 |
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WMS
ADVANCED DRAIN SYS INC DEL | United States | COM | 17,200 | 16,800 | -400 | $2,358,636 | $2,636,928 | +$278,292 |
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TREX
TREX INC | United States | COM | 25,822 | 24,322 | -1,500 | $940,437 | $1,217,073 | +$276,636 |
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CPAY
CORPAY INC | United States | COM SHS | 18,284 | 16,784 | -1,500 | $5,320,461 | $5,593,604 | +$273,143 |
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MPC
MARATHON PETE CORP | United States | COM | 77,110 | 74,710 | -2,400 | $18,828,720 | $19,101,106 | +$272,386 |
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OLLI
OLLIES BARGAIN OUTLET HLDGS | United States | COM | 14,803 | 14,203 | -600 | $1,362,468 | $1,091,927 | -$270,541 |
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GD
GENERAL DYNAMICS CORP | United States | COM | 66,312 | 65,012 | -1,300 | $22,759,605 | $23,029,851 | +$270,246 |
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DOCU
DOCUSIGN INC | United States | COM | 48,200 | 45,400 | -2,800 | $2,285,162 | $2,016,668 | -$268,494 |
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WFRD
WEATHERFORD INTL PLC | United States | ORD SHS | 17,300 | 16,800 | -500 | $1,636,234 | $1,369,200 | -$267,034 |
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JEF
JEFFERIES FINANCIAL GROUP IN | United States | COM | 39,816 | 38,216 | -1,600 | $1,643,206 | $1,910,036 | +$266,830 |
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GPN
GLOBAL PMTS INC | United States | COM | 69,878 | 68,478 | -1,400 | $4,702,789 | $4,968,764 | +$265,975 |
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SIGI
SELECTIVE INS GROUP INC | United States | COM | 14,481 | 13,981 | -500 | $1,091,723 | $1,356,297 | +$264,574 |
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FCN
FTI CONSULTING INC | United States | COM | 7,304 | 6,904 | -400 | $1,291,128 | $1,028,765 | -$262,363 |
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EG
EVEREST GROUP LTD | | COM | 12,011 | 11,711 | -300 | $3,925,795 | $4,183,521 | +$257,726 |
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MSM
MSC INDL DIRECT INC | United States | CL A | 10,965 | 10,665 | -300 | $1,011,741 | $1,268,602 | +$256,861 |
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OPCH
OPTION CARE HEALTH INC | United States | COM | 38,159 | 36,759 | -1,400 | $1,027,240 | $770,836 | -$256,404 |
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VNT
VONTIER CORPORATION | United States | COM | 34,115 | 32,915 | -1,200 | $1,210,059 | $954,535 | -$255,524 |
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NCLH
NORWEGIAN CRUISE LINE HLDGS | United States | SHS | 118,279 | 116,879 | -1,400 | $2,211,817 | $2,467,316 | +$255,499 |
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LH
LABCORP HOLDINGS INC | United States | COM SHS | 23,287 | 23,087 | -200 | $6,213,204 | $6,464,360 | +$251,156 |
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PKG
PACKAGING CORP AMER | United States | COM | 24,263 | 22,663 | -1,600 | $5,149,094 | $5,400,140 | +$251,046 |
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LOPE
GRAND CANYON ED INC | United States | COM | 6,659 | 6,159 | -500 | $1,132,230 | $881,414 | -$250,816 |
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TKO
TKO GROUP HOLDINGS INC | United States | CL A | 17,300 | 16,100 | -1,200 | $3,488,545 | $3,241,091 | -$247,454 |
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AMG
AFFILIATED MANAGERS GROUP | United States | COM | 6,719 | 6,219 | -500 | $1,859,147 | $2,104,510 | +$245,363 |
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HUBB
HUBBELL INC | United States | COM | 13,900 | 13,500 | -400 | $6,821,286 | $7,063,200 | +$241,914 |
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WHR
WHIRLPOOL CORP | United States | COM | 15,300 | 14,800 | -500 | $824,976 | $583,416 | -$241,560 |
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CUZ
COUSINS PPTYS INC | United States | COM | 40,444 | 38,444 | -2,000 | $912,821 | $1,152,551 | +$239,730 |
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ONB
OLD NATL BANCORP IND | United States | COM | 83,442 | 80,442 | -3,000 | $1,844,068 | $2,083,448 | +$239,380 |
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CRBG
COREBRIDGE FINL INC | United States | COM | 68,800 | 65,600 | -3,200 | $1,641,568 | $1,878,128 | +$236,560 |
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LNT
ALLIANT ENERGY CORP | United States | COM | 67,159 | 66,159 | -1,000 | $4,819,330 | $5,047,270 | +$227,940 |
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EXLS
EXLSERVICE HLDGS INC | United States | COM | 37,800 | 35,700 | -2,100 | $1,151,010 | $923,202 | -$227,808 |
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MLI
MUELLER INDS INC | United States | COM | 26,700 | 25,900 | -800 | $2,958,360 | $3,183,887 | +$225,527 |
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ARE
ALEXANDRIA REAL ESTATE EQ IN | United States | COM | 40,718 | 40,018 | -700 | $1,890,130 | $2,114,951 | +$224,821 |
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EXP
EAGLE MATLS INC | United States | COM | 7,529 | 7,329 | -200 | $1,426,369 | $1,649,025 | +$222,656 |
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COLB
COLUMBIA BKG SYS INC | United States | COM | 71,041 | 67,741 | -3,300 | $1,948,655 | $2,171,099 | +$222,444 |
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THC
TENET HEALTHCARE CORP | United States | COM | 21,193 | 20,193 | -1,000 | $3,999,331 | $3,777,706 | -$221,625 |
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LIVN
LIVANOVA PLC | | SHS | 13,111 | 12,811 | -300 | $833,335 | $1,053,449 | +$220,114 |
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BALL
BALL CORP | United States | COM | 75,701 | 68,201 | -7,500 | $4,474,686 | $4,255,742 | -$218,944 |
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VLY
VALLEY NATL BANCORP | United States | COM | 115,181 | 111,481 | -3,700 | $1,414,423 | $1,633,197 | +$218,774 |
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HLNE
HAMILTON LANE INC | United States | CL A | 9,800 | 9,600 | -200 | $974,120 | $756,768 | -$217,352 |
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SF
STIFEL FINL CORP | United States | COM | 36,730 | 35,830 | -900 | $2,715,082 | $2,499,859 | -$215,223 |
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GMED
GLOBUS MED INC | United States | CL A | 26,761 | 26,461 | -300 | $2,305,728 | $2,090,684 | -$215,044 |
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WAL
WESTERN ALLIANCE BANCORP | United States | COM | 24,700 | 23,900 | -800 | $1,749,995 | $1,964,580 | +$214,585 |
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BSY
BENTLEY SYS INC | United States | COM CL B | 35,800 | 34,900 | -900 | $1,257,296 | $1,043,161 | -$214,135 |
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PINS
PINTEREST INC | United States | CL A | 140,900 | 112,700 | -28,200 | $2,584,106 | $2,370,081 | -$214,025 |
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MEDP
MEDPACE HLDGS INC | United States | COM | 5,399 | 5,299 | -100 | $2,592,546 | $2,806,297 | +$213,751 |
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CBSH
COMMERCE BANCSHARES INC | United States | COM | 32,952 | 31,752 | -1,200 | $1,621,238 | $1,833,678 | +$212,440 |
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NRG
NRG ENERGY INC | United States | COM | 55,466 | 54,066 | -1,400 | $8,105,801 | $7,896,880 | -$208,921 |
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CTVA
CORTEVA INC | United States | COM | 175,710 | 171,210 | -4,500 | $14,708,684 | $14,499,775 | -$208,909 |
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HR
HEALTHCARE RLTY TR | United States | CL A COM | 83,953 | 81,053 | -2,900 | $1,426,361 | $1,634,839 | +$208,478 |
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SR
SPIRE INC | United States | COM | 14,236 | 13,836 | -400 | $1,288,927 | $1,080,453 | -$208,474 |
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DTM
DT MIDSTREAM INC | United States | COM | 24,455 | 23,855 | -600 | $3,293,355 | $3,500,483 | +$207,128 |
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MP
MP MATERIALS CORP | United States | COM CL A | 32,400 | 31,600 | -800 | $1,563,624 | $1,769,916 | +$206,292 |
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L
LOEWS CORP | United States | COM | 47,552 | 46,652 | -900 | $5,075,700 | $5,281,473 | +$205,773 |
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EQH
EQUITABLE HLDGS INC | United States | COM | 72,286 | 65,800 | -6,486 | $2,682,533 | $2,887,304 | +$204,771 |
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OHI
OMEGA HEALTHCARE INVS INC | United States | COM | 71,163 | 69,663 | -1,500 | $3,118,363 | $3,321,532 | +$203,169 |
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WBS
WEBSTER FINL CORP | United States | COM | 38,844 | 37,944 | -900 | $2,696,550 | $2,899,680 | +$203,130 |
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TMHC
TAYLOR MORRISON HOME CORP | United States | COM | 23,495 | 21,895 | -1,600 | $1,368,349 | $1,570,747 | +$202,398 |
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PEG
PUBLIC SVC ENTERPRISE GROUP | United States | COM | 130,366 | 127,566 | -2,800 | $10,553,128 | $10,353,257 | -$199,871 |
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CNX
CNX RES CORP | United States | COM | 34,302 | 33,102 | -1,200 | $1,322,342 | $1,123,151 | -$199,191 |
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FCFS
FIRSTCASH HOLDINGS INC | United States | COM | 9,315 | 9,015 | -300 | $1,751,220 | $1,950,125 | +$198,905 |
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WTRG
ESSENTIAL UTILS INC | United States | COM | 68,071 | 66,371 | -1,700 | $2,741,219 | $2,542,673 | -$198,546 |
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KRC
KILROY REALTY CORP | United States | COM | 26,265 | 25,065 | -1,200 | $740,936 | $939,186 | +$198,250 |
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MIDD
MIDDLEBY CORP | United States | COM | 11,120 | 9,720 | -1,400 | $1,474,290 | $1,671,937 | +$197,647 |
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NEU
NEWMARKET CORP | United States | COM | 1,837 | 1,737 | -100 | $1,177,425 | $1,374,384 | +$196,959 |
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BRO
BROWN BROWN INC | United States | COM | 76,451 | 74,651 | -1,800 | $4,985,370 | $4,788,862 | -$196,508 |
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YETI
YETI HLDGS INC | United States | COM | 18,747 | 17,747 | -1,000 | $685,953 | $879,541 | +$193,588 |
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AIG
AMERICAN INTL GROUP INC | United States | COM | 151,967 | 150,867 | -1,100 | $11,435,517 | $11,244,118 | -$191,399 |
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FHN
FIRST HORIZON CORPORATION | United States | COM | 116,756 | 110,956 | -5,800 | $2,657,367 | $2,844,912 | +$187,545 |
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CFR
CULLEN FROST BANKERS INC | United States | COM | 15,164 | 14,664 | -500 | $2,078,681 | $2,265,881 | +$187,200 |
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FND
FLOOR DECOR HLDGS INC | United States | CL A | 25,900 | 25,300 | -600 | $1,315,720 | $1,501,808 | +$186,088 |
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HAE
HAEMONETICS CORP MASS | United States | COM | 11,174 | 10,874 | -300 | $629,767 | $815,550 | +$185,783 |
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SOLV
SOLVENTUM CORP | United States | COM SHS | 41,651 | 37,651 | -4,000 | $2,719,810 | $2,904,775 | +$184,965 |
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RGEN
REPLIGEN CORP | United States | COM | 12,753 | 12,353 | -400 | $1,502,558 | $1,685,443 | +$182,885 |
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PEN
PENUMBRA INC | United States | COM | 9,414 | 9,214 | -200 | $3,091,275 | $2,909,321 | -$181,954 |
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DTE
DTE ENERGY CO | United States | COM | 54,277 | 53,277 | -1,000 | $7,936,383 | $8,117,816 | +$181,433 |
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