MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.64B
1-Year Est. Return 7.63%
This Quarter Est. Return
1 Year Est. Return
+7.63%
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$8.64B
AUM Growth
+$326M
Cap. Flow
Cap. Flow %
Top 10 Hldgs %
Holding
45
New
Increased
Reduced
Closed

Top Buys

No buys this quarter

Top Sells

1
+$61.8M

Sector Composition

1 Materials 0.16%
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
$1.49B
$1.34B 15.52%
34,132,010
SPTI icon
2
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$9.62B
$1.04B 12%
35,861,653
IVV icon
3
iShares Core S&P 500 ETF
IVV
$730B
$992M 11.48%
1,481,662
VGK icon
4
Vanguard FTSE Europe ETF
VGK
$28.2B
$705M 8.16%
8,835,451
SPTS icon
5
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$5.84B
$643M 7.45%
21,942,738
SCHP icon
6
Schwab US TIPS ETF
SCHP
$14.7B
$442M 5.12%
16,401,227
SPIB icon
7
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.9B
$439M 5.09%
12,968,096
QVMM icon
8
Invesco QQQ Trust Series 1
QVMM
$372M
$360M 4.17%
11,882,576
SPTL icon
9
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$11.2B
$340M 3.94%
12,629,575
IEMG icon
10
iShares Core MSCI Emerging Markets ETF
IEMG
$117B
$315M 3.64%
4,773,111
IJH icon
11
iShares Core S&P Mid-Cap ETF
IJH
$101B
$297M 3.44%
4,555,207
XBB icon
12
BondBloxx BB-Rated USD High Yield Corporate Bond ETF
XBB
$379M
$257M 2.98%
6,227,640
XEMD icon
13
BondBloxx JPMorgan USD Emerging Markets 1-10 Year Bond ETF
XEMD
$588M
$205M 2.38%
4,698,046
QVMS icon
14
Invesco S&P SmallCap 600 QVM Multi-factor ETF
QVMS
$209M
$199M 2.3%
7,114,414
SPHY icon
15
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$10.1B
$143M 1.65%
5,954,325
PICK icon
16
iShares MSCI Global Metals & Mining Producers ETF
PICK
$872M
$135M 1.56%
3,032,992
FLCA icon
17
Franklin FTSE Canada ETF
FLCA
$545M
$126M 1.46%
2,773,743
FALN icon
18
iShares Fallen Angels USD Bond ETF
FALN
$1.77B
$96.6M 1.12%
3,476,559
RING icon
19
iShares MSCI Global Gold Miners ETF
RING
$2.75B
$88.8M 1.03%
1,372,210
BBCA icon
20
JPMorgan BetaBuilders Canada ETF
BBCA
$9.17B
$82M 0.95%
940,556
XONE icon
21
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
XONE
$674M
$58.5M 0.68%
1,178,547
XFIV icon
22
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
XFIV
$352M
$34.9M 0.4%
704,064
XLE icon
23
Energy Select Sector SPDR Fund
XLE
$27.5B
$32.2M 0.37%
360,126
ICOP icon
24
iShares Copper and Metals Mining ETF
ICOP
$109M
$29.5M 0.34%
784,271
XHLF icon
25
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.94B
$22.6M 0.26%
448,334
1
2