MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.84B
1-Year Est. Return 13.04%
This Fund
S&P 500
This Quarter Est. Return
1 Year Est. Return
+13.04%
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$8.84B
AUM Growth
+$205M
Cap. Flow
Cap. Flow %
Top 10 Hldgs %
Holding
45
New
Increased
Reduced
Closed

Top Buys

1
+$115M
2
+$74.7M
3
+$47.1M
4
SPTI icon
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
+$40.1M
5
IEMG icon
iShares Core MSCI Emerging Markets ETF
IEMG
+$30.5M

Top Sells

1
+$68.2M
2
+$42.8M
3
+$35.6M
4
SCHP icon
Schwab US TIPS ETF
SCHP
+$30.9M
5
XHLF icon
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
+$22.6M

Sector Composition

1 Materials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
QVML icon
1
Invesco S&P 500 QVM Multi-factor ETF
QVML
$1.5B
$1.37B 15.51%
34,132,010
SPTI icon
2
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$9.63B
$1.07B 12.15%
37,247,174
+1,385,521
IVV icon
3
iShares Core S&P 500 ETF
IVV
$753B
$946M 10.7%
1,381,225
-100,437
VGK icon
4
Vanguard FTSE Europe ETF
VGK
$32.1B
$764M 8.64%
9,136,296
+300,845
SPTS icon
5
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$5.55B
$758M 8.57%
25,879,762
+3,937,024
SPTL icon
6
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$11.2B
$408M 4.61%
15,397,326
+2,767,751
SCHP icon
7
Schwab US TIPS ETF
SCHP
$15.5B
$404M 4.57%
15,248,383
-1,152,844
SPIB icon
8
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.9B
$396M 4.48%
11,704,768
-1,263,328
QVMM
9
Invesco QQQ Trust Series 1
QVMM
$404M
$366M 4.14%
11,882,576
IEMG icon
10
iShares Core MSCI Emerging Markets ETF
IEMG
$148B
$351M 3.98%
5,227,998
+454,887
IJH icon
11
iShares Core S&P Mid-Cap ETF
IJH
$112B
$303M 3.43%
4,596,783
+41,576
XBB icon
12
BondBloxx BB-Rated USD High Yield Corporate Bond ETF
XBB
$375M
$303M 3.43%
7,372,511
+1,144,871
XEMD icon
13
BondBloxx JPMorgan USD Emerging Markets 1-10 Year Bond ETF
XEMD
$868M
$210M 2.38%
4,714,975
+16,929
QVMS
14
Invesco S&P SmallCap 600 QVM Multi-factor ETF
QVMS
$224M
$201M 2.27%
7,114,414
SPHY icon
15
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$10.8B
$142M 1.61%
6,000,856
+46,531
PICK icon
16
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.05B
$137M 1.54%
2,658,856
-374,136
FLCA icon
17
Franklin FTSE Canada ETF
FLCA
$670M
$134M 1.52%
2,773,743
FALN icon
18
iShares Fallen Angels USD Bond ETF
FALN
$1.88B
$99.8M 1.13%
3,657,064
+180,505
BBCA icon
19
JPMorgan BetaBuilders Canada ETF
BBCA
$10.5B
$84.6M 0.96%
909,454
-31,102
RING icon
20
iShares MSCI Global Gold Miners ETF
RING
$4.09B
$62.2M 0.7%
844,062
-528,148
XONE icon
21
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
XONE
$729M
$58.4M 0.66%
1,178,547
XLE icon
22
State Street Energy Select Sector SPDR ETF
XLE
$37.9B
$44.3M 0.5%
991,274
+271,022
XFIV icon
23
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
XFIV
$438M
$34.8M 0.39%
704,064
ICOP icon
24
iShares Copper and Metals Mining ETF
ICOP
$483M
$34.8M 0.39%
784,271
XTWO icon
25
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
XTWO
$192M
$20.6M 0.23%
416,558
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