STATE OF MICHIGAN RETIREMENT SYSTEM

Q3 2025 13F Holdings Report, Stock Holdings

Signature - Title
Karen Stout - Administrator, Trust Accounting Division
Location
Lansing, MI
Holdings as of
30 Sep 2025
Value $
$20,808,704,092
Num holdings
944
Filing time
05 Nov 2025, 12:55:29 UTC
Form type
13F-HR
Description
All US holdings of this investor are reported in this report. Top holdings included NVDA, MSFT, AAPL, SPY, and AMZN.
Previous filing
Q2 2025 - 05 Aug 2025
Next filing
Q4 2025 - 29 Jan 2026
SEC
View on sec.gov
Sym Weight Trade Impact Company Class Share Change Activity Value Change $ Value $ * Price $ Shares Principal
Filing 2025 Q3 compared to 2025 Q2 by default. Changes are calculated vs the previous SEC filing.
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name Title City, State Date
Karen Stout Administrator, Trust Accounting Division East Lansing, Michigan 05 Nov 2025