We are live on ! Find out more
MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $9.05B
1-Year Est. Return 13.04%
This Fund
S&P 500
This Quarter Est. Return
+4.8%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.89B
AUM Growth
-$120M
Cap. Flow
-$187M
Cap. Flow %
-9.87%
Top 10 Hldgs %
7.19%
Holding
1,702
New
25
Increased
615
Reduced
884
Closed
22

Top Buys

Rank Stock Value
1
HEP
Holly Energy Partners, L.P.
HEP
+$2.88M
2
DM
Dominion Energy Midstream Ptr LP
DM
+$2.77M
3
DD icon
DuPont de Nemours
DD
+$1.59M
4
KNX icon
Knight Transportation
KNX
+$1.46M
5
BTI icon
British American Tobacco
BTI
+$1.46M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$5.71M
2
RAI
Reynolds American Inc
RAI
+$4.54M
3
PMC
PharMerica Corporation
PMC
+$3.97M
4
RMD icon
ResMed
RMD
+$3.91M
5
MSFT icon
Microsoft
MSFT
+$3.88M

Sector Composition

Rank Sector Weight
1 Financials 15.82%
2 Industrials 14.57%
3 Technology 13.4%
4 Healthcare 11.44%
5 Consumer Discretionary 9.95%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EMR icon
226
Emerson Electric
EMR
$89.6B
$1.81M 0.1%
28,770
-4,180
-13% -$252K
RYZ
227
Ryerson Holding Corp
RYZ
$1.48B
$1.81M 0.1%
166,500
– –
MSCC
228
DELISTED
Microsemi Corp
MSCC
$1.8M 0.1%
34,930
-9,640
-22% -$485K
HCSG icon
229
Healthcare Services Group
HCSG
$1.45B
$1.8M 0.1%
33,310
+10,290
+45% +$529K
MGLN
230
DELISTED
Magellan Health Services, Inc.
MGLN
$1.8M 0.1%
20,810
+3,300
+19% +$260K
WTRG icon
231
Essential Utilities
WTRG
$11.5B
$1.78M 0.09%
53,730
-14,820
-22% -$497K
EIX icon
232
Edison International
EIX
$27.4B
$1.78M 0.09%
23,080
-2,090
-8% -$165K
AGN
233
DELISTED
Allergan plc
AGN
$1.77M 0.09%
8,641
-2,180
-20% -$507K
POST icon
234
Post Holdings
POST
$3.68B
$1.77M 0.09%
30,575
-8,511
-22% -$466K
LYV icon
235
Live Nation Entertainment
LYV
$43.3B
$1.76M 0.09%
40,530
-11,030
-21% -$428K
OZK icon
236
Bank OZK
OZK
$5.71B
$1.76M 0.09%
36,730
-10,140
-22% -$452K
PPL
237
PPL Corp
PPL
$26.8B
$1.76M 0.09%
46,460
-4,090
-8% -$158K
NKE icon
238
Nike
NKE
$60.5B
$1.76M 0.09%
33,940
-9,350
-22% -$525K
AEP icon
239
American Electric Power
AEP
$68.1B
$1.76M 0.09%
24,990
-3,160
-11% -$225K
LOGM
240
DELISTED
LogMein, Inc.
LOGM
$1.75M 0.09%
15,930
-4,410
-22% -$494K
COHR
241
DELISTED
Coherent Inc
COHR
$1.75M 0.09%
7,450
-2,060
-22% -$497K
PRXL
242
DELISTED
Parexel International Corp
PRXL
$1.75M 0.09%
19,890
+490
+3% +$42.9K
FIS icon
243
Fidelity National Information Services
FIS
$21.9B
$1.75M 0.09%
18,750
-2,000
-10% -$182K
ACM icon
244
Aecom
ACM
$7.79B
$1.75M 0.09%
47,400
-12,710
-21% -$418K
BAX icon
245
Baxter International
BAX
$14B
$1.74M 0.09%
27,790
-2,820
-9% -$174K
ZBRA icon
246
Zebra Technologies
ZBRA
$17.9B
$1.74M 0.09%
16,060
-4,310
-21% -$442K
LAMR icon
247
Lamar Advertising Co
LAMR
$15.9B
$1.73M 0.09%
25,290
-6,940
-22% -$470K
OLN icon
248
Olin
OLN
$2.17B
$1.72M 0.09%
50,290
-13,750
-21% -$429K
LECO icon
249
Lincoln Electric
LECO
$15.3B
$1.72M 0.09%
18,740
-5,130
-21% -$458K
EV
250
DELISTED
Eaton Vance Corp.
EV
$1.72M 0.09%
34,780
-9,600
-22% -$459K
8 9
10
11 12

Similar funds

VAS
Vestmark Advisory Solutions Wakefield, Massachusetts $9.02B AUM 20.58% 1-Year Est. Return
SFM
Soros Fund Management New York $9.12B AUM 30.69% 1-Year Est. Return
AI
Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return
HI
Horizon Investments Charlotte, North Carolina $8.92B AUM 25.62% 1-Year Est. Return
PEA
Platinum Equity Advisors Beverly Hills, California $8.88B AUM 27.09% 1-Year Est. Return
SUT
SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return
MU
Mirova US Boston, Massachusetts $8.81B AUM 21.38% 1-Year Est. Return
WPL
WINDACRE PARTNERSHIP LLC Houston, Texas $9.34B AUM 17.41% 1-Year Est. Return

Municipal Employees' Retirement System of Michigan's Q3 2017 Portfolio in Review

As of Q3 2017, Municipal Employees' Retirement System of Michigan held 1,702 positions worth $1.89B, down 6% from $2.01B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $187M in Q3 2017, closing 22 positions and reducing 884 holdings. Its most notable exit was Reynolds American Inc, an estimated $4.54M position sold in full.

By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Industrials and Technology.

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Holly Energy Partners, L.P. worth $2.89M.

  • Municipal Employees' Retirement System of Michigan's largest Q3 2017 buy was Holly Energy Partners, L.P.: 86,570 shares worth $2.89M.
  • Municipal Employees' Retirement System of Michigan added most to DuPont de Nemours in Q3 2017, an estimated $1.59M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q3 2017 reduction was Apple, cutting an estimated $5.71M.
  • Municipal Employees' Retirement System of Michigan fully exited Reynolds American Inc in Q3 2017, selling an estimated $4.54M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.2% of its $1.89B portfolio in Q3 2017.
  • Municipal Employees' Retirement System of Michigan opened 25 new positions and closed 22 in Q3 2017.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 6% quarter-over-quarter to $1.89B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q3 2017, filed 6 Nov 2017.