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
+9.9%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$982M
AUM Growth
+$249M
Cap. Flow
+$175M
Cap. Flow %
17.78%
Top 10 Hldgs %
10.63%
Holding
913
New
10
Increased
394
Reduced
3
Closed
9

Top Buys

Rank Stock Value
1
GPOR
Gulfport Energy Corp.
GPOR
+$1.39M
2
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
+$1.35M
3
CBST
CUBIST PHARMACEUTICALS INC
CBST
+$1.31M
4
MAA icon
Mid-America Apartment Communities
MAA
+$1.28M
5
BFH icon
Bread Financial
BFH
+$1.27M

Top Sells

Rank Stock Value
1
VRTX icon
Vertex Pharmaceuticals
VRTX
+$1.98M
2
AME icon
Ametek
AME
+$1.51M
3
NVE
NV ENERGY, INC
NVE
+$914K
4
DELL
DELL INC
DELL
+$669K
5
NYX
NYSE EURONEXT INC
NYX
+$340K

Sector Composition

Rank Sector Weight
1 Financials 14.87%
2 Industrials 13.6%
3 Technology 13.19%
4 Healthcare 10.94%
5 Consumer Discretionary 9.92%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FCX icon
251
Freeport-McMoran
FCX
$94.8B
$1.19M 0.12%
31,600
– –
DE icon
252
Deere & Co
DE
$166B
$1.19M 0.12%
13,000
– –
STLD icon
253
Steel Dynamics
STLD
$37.6B
$1.18M 0.12%
60,500
+24,200
+67% +$444K
SO icon
254
Southern Company
SO
$107B
$1.18M 0.12%
28,700
– –
TRN icon
255
Trinity Industries
TRN
$2.32B
$1.17M 0.12%
59,727
+23,613
+65% +$428K
REG icon
256
Regency Centers
REG
$14B
$1.17M 0.12%
25,300
+10,200
+68% +$499K
CB icon
257
Chubb
CB
$133B
$1.17M 0.12%
11,300
– –
JCI icon
258
Johnson Controls International
JCI
$91.3B
$1.17M 0.12%
21,678
– –
SPN
259
DELISTED
Superior Energy Services, Inc.
SPN
$1.16M 0.12%
4,370
+1,740
+66% +$455K
PTC icon
260
PTC
PTC
$16B
$1.16M 0.12%
32,800
+13,100
+66% +$402K
ITW icon
261
Illinois Tool Works
ITW
$82.7B
$1.16M 0.12%
13,800
– –
BRE
262
DELISTED
BRE PROPERTIES INC CL A
BRE
$1.15M 0.12%
21,100
+8,400
+66% +$450K
AOS icon
263
A.O. Smith
AOS
$8.47B
$1.15M 0.12%
+42,600
New +$1.09M
SON icon
264
Sonoco
SON
$5.74B
$1.15M 0.12%
27,500
+10,900
+66% +$439K
DHC
265
Diversified Healthcare Trust
DHC
$2.05B
$1.15M 0.12%
51,964
+20,685
+66% +$479K
AGN
266
DELISTED
Allergan Inc
AGN
$1.14M 0.12%
10,300
– –
ORI icon
267
Old Republic International
ORI
$10.3B
$1.14M 0.12%
66,200
+26,500
+67% +$435K
TRV icon
268
Travelers Companies
TRV
$78B
$1.14M 0.12%
12,600
– –
WTRG icon
269
Essential Utilities
WTRG
$11.4B
$1.14M 0.12%
48,300
+19,300
+67% +$470K
YUM icon
270
Yum! Brands
YUM
$41.5B
$1.13M 0.12%
20,865
– –
NOV icon
271
NOV
NOV
$7.35B
$1.13M 0.11%
15,748
– –
HSH
272
DELISTED
HILLSHIRE BRANDS CO
HSH
$1.13M 0.11%
33,700
+13,400
+66% +$435K
AFG icon
273
American Financial Group
AFG
$12.1B
$1.13M 0.11%
19,500
+7,100
+57% +$398K
APA icon
274
APA Corp
APA
$13.9B
$1.13M 0.11%
13,100
– –
ATO icon
275
Atmos Energy
ATO
$28.9B
$1.13M 0.11%
24,800
+9,900
+66% +$437K
9 10
11
12 13

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 Q4 2013 Portfolio in Review

As of Q4 2013, Municipal Employees' Retirement System of Michigan held 913 positions worth $982M, up 34% from $733M the previous quarter. Its ten largest holdings account for 11% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $175M of net new capital in Q4 2013, opening 10 new positions and adding to 394 existing holdings. Its largest new stake was Gulfport Energy Corp.: 23,000 shares worth $1.45M.

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

On the sell side, the largest reduction was Vertex Pharmaceuticals, an estimated $1.98M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q4 2013 buy was Gulfport Energy Corp.: 23,000 shares worth $1.45M.
  • Municipal Employees' Retirement System of Michigan added most to Bread Financial in Q4 2013, an estimated $1.27M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q4 2013 reduction was Vertex Pharmaceuticals, cutting an estimated $1.98M.
  • Municipal Employees' Retirement System of Michigan fully exited NV ENERGY, INC in Q4 2013, selling an estimated $914K.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 11% of its $982M portfolio in Q4 2013.
  • Municipal Employees' Retirement System of Michigan opened 10 new positions and closed 9 in Q4 2013.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 34% quarter-over-quarter to $982M.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q4 2013, filed 10 Feb 2014.