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
-0.79%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$2.06B
AUM Growth
+$59.9M
Cap. Flow
+$109M
Cap. Flow %
5.3%
Top 10 Hldgs %
7.34%
Holding
1,705
New
30
Increased
821
Reduced
51
Closed
24

Top Buys

Rank Stock Value
1
NGL icon
NGL Energy Partners
NGL
+$6.75M
2
NS
NuStar Energy L.P.
NS
+$4.92M
3
BWP
Boardwalk Pipeline Partners
BWP
+$4.28M
4
GEL icon
Genesis Energy
GEL
+$4.04M
5
DM
Dominion Energy Midstream Ptr LP
DM
+$3.78M

Top Sells

Rank Stock Value
1
NKTR icon
Nektar Therapeutics
NKTR
+$4.72M
2
SIVB
SVB Financial Group
SIVB
+$3.65M
3
TTWO icon
Take-Two Interactive
TTWO
+$3.53M
4
AFAM
Almost Family Inc
AFAM
+$3.29M
5
HII icon
Huntington Ingalls Industries
HII
+$3.11M

Sector Composition

Rank Sector Weight
1 Financials 15.44%
2 Technology 13.93%
3 Industrials 13.78%
4 Healthcare 11.28%
5 Consumer Discretionary 9.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WTRG icon
226
Essential Utilities
WTRG
$11.5B
$1.88M 0.09%
55,230
+1,500
+3% +$52.2K
NNN icon
227
NNN REIT
NNN
$8.87B
$1.88M 0.09%
47,820
+2,690
+6% +$105K
NSC icon
228
Norfolk Southern
NSC
$76.1B
$1.87M 0.09%
13,780
– –
CY
229
DELISTED
Cypress Semiconductor
CY
$1.87M 0.09%
110,300
+9,740
+10% +$167K
MU icon
230
Micron Technology
MU
$1.1T
$1.87M 0.09%
35,820
+1,520
+4% +$72.8K
JHG
231
DELISTED
Janus Henderson
JHG
$1.85M 0.09%
56,044
+1,490
+3% +$54.9K
CW icon
232
Curtiss-Wright
CW
$25.7B
$1.85M 0.09%
13,720
+370
+3% +$48.3K
CCL icon
233
Carnival Corporation Ltd
CCL
$38.7B
$1.85M 0.09%
28,160
– –
EBAY icon
234
eBay
EBAY
$46.2B
$1.84M 0.09%
45,800
-1,050
-2% -$43.5K
SNV
235
DELISTED
Synovus
SNV
$1.83M 0.09%
36,750
– –
FCFS icon
236
FirstCash
FCFS
$9.32B
$1.83M 0.09%
22,567
+470
+2% +$35.1K
KNX icon
237
Knight Transportation
KNX
$11.9B
$1.83M 0.09%
39,860
+1,260
+3% +$59.7K
ANGO icon
238
AngioDynamics
ANGO
$642M
$1.83M 0.09%
106,120
+910
+0.9% +$15.2K
SRE icon
239
Sempra
SRE
$56.4B
$1.83M 0.09%
32,920
+400
+1% +$21.6K
HLTH
240
DELISTED
Nobilis Health Corp.
HLTH
$1.83M 0.09%
1,109,530
– –
WPX
241
DELISTED
WPX Energy, Inc.
WPX
$1.83M 0.09%
123,720
+3,390
+3% +$48.9K
POOL icon
242
Pool Corp
POOL
$7.24B
$1.82M 0.09%
12,470
– –
OZK icon
243
Bank OZK
OZK
$5.73B
$1.82M 0.09%
37,730
+1,000
+3% +$50.6K
DEI icon
244
Douglas Emmett
DEI
$1.98B
$1.82M 0.09%
49,520
+3,220
+7% +$121K
LPT
245
DELISTED
Liberty Property Trust
LPT
$1.82M 0.09%
45,820
+1,270
+3% +$51.2K
DCI icon
246
Donaldson
DCI
$11.1B
$1.82M 0.09%
40,360
+710
+2% +$34K
IBKR icon
247
Interactive Brokers
IBKR
$41.8B
$1.82M 0.09%
108,080
-19,360
-15% -$320K
HUM icon
248
Humana
HUM
$46.2B
$1.81M 0.09%
6,720
-120
-2% -$32.5K
CACI icon
249
CACI
CACI
$14.9B
$1.8M 0.09%
11,890
+580
+5% +$84.8K
WSO icon
250
Watsco Inc
WSO
$12.9B
$1.8M 0.09%
9,940
+750
+8% +$130K
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 Q1 2018 Portfolio in Review

As of Q1 2018, Municipal Employees' Retirement System of Michigan held 1,705 positions worth $2.06B, up 3% from $2B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $109M of net new capital in Q1 2018, opening 30 new positions and adding to 821 existing holdings. Its largest new stake was NGL Energy Partners: 490,740 shares worth $5.4M.

By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was Nektar Therapeutics, an estimated $4.72M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2018 buy was NGL Energy Partners: 490,740 shares worth $5.4M.
  • Municipal Employees' Retirement System of Michigan added most to NuStar Energy L.P. in Q1 2018, an estimated $4.92M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2018 reduction was Nektar Therapeutics, cutting an estimated $4.72M.
  • Municipal Employees' Retirement System of Michigan fully exited Bioverativ Inc. Common Stock in Q1 2018, selling an estimated $1.76M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.3% of its $2.06B portfolio in Q1 2018.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 24 in Q1 2018.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 3% quarter-over-quarter to $2.06B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2018, filed 10 May 2018.