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
AXP icon
251
American Express
AXP
$230B
$1.71M 0.09%
18,950
-5,960
-24% -$512K
BIIB icon
252
Biogen
BIIB
$31B
$1.71M 0.09%
5,460
-1,550
-22% -$459K
GNTX icon
253
Gentex
GNTX
$4.95B
$1.71M 0.09%
86,370
-24,520
-22% -$446K
RDUS
254
DELISTED
Radius Recycling
RDUS
$1.71M 0.09%
60,560
– –
TDY icon
255
Teledyne Technologies
TDY
$31.3B
$1.7M 0.09%
10,690
-2,930
-22% -$426K
LRCX icon
256
Lam Research
LRCX
$423B
$1.7M 0.09%
91,900
-10,500
-10% -$170K
RGLD icon
257
Royal Gold
RGLD
$19.4B
$1.7M 0.09%
19,760
-5,460
-22% -$473K
ALE
258
DELISTED
Allete
ALE
$1.7M 0.09%
21,980
+7,120
+48% +$533K
JLL icon
259
Jones Lang LaSalle
JLL
$16.7B
$1.69M 0.09%
13,710
-3,770
-22% -$466K
SNV
260
DELISTED
Synovus
SNV
$1.69M 0.09%
36,750
-10,460
-22% -$453K
BRO icon
261
Brown & Brown
BRO
$23.5B
$1.69M 0.09%
70,200
-18,600
-21% -$417K
TROW icon
262
T. Rowe Price
TROW
$23.5B
$1.69M 0.09%
18,620
-1,760
-9% -$146K
RS icon
263
Reliance Steel & Aluminium
RS
$21.7B
$1.68M 0.09%
22,050
-6,080
-22% -$444K
CACI icon
264
CACI
CACI
$14.9B
$1.68M 0.09%
12,040
+3,420
+40% +$442K
CFR icon
265
Cullen/Frost Bankers
CFR
$10.5B
$1.68M 0.09%
17,680
-4,290
-20% -$388K
FAF icon
266
First American
FAF
$7.45B
$1.67M 0.09%
33,490
-9,080
-21% -$433K
R icon
267
Ryder
R
$10.1B
$1.67M 0.09%
19,770
-4,650
-19% -$352K
TDC icon
268
Teradata
TDC
$2.5B
$1.67M 0.09%
49,440
-12,410
-20% -$385K
AGM icon
269
Federal Agricultural Mortgage
AGM
$2.51B
$1.66M 0.09%
22,830
– –
AXE
270
DELISTED
Anixter International Inc
AXE
$1.66M 0.09%
19,510
+4,130
+27% +$318K
PLD icon
271
Prologis
PLD
$135B
$1.66M 0.09%
26,120
-3,230
-11% -$199K
VVC
272
DELISTED
Vectren Corporation
VVC
$1.65M 0.09%
25,100
-6,920
-22% -$433K
CRM icon
273
Salesforce
CRM
$157B
$1.65M 0.09%
17,640
-4,190
-19% -$385K
RNR icon
274
RenaissanceRe
RNR
$13.3B
$1.65M 0.09%
12,180
-3,410
-22% -$480K
REGI
275
DELISTED
Renewable Energy Group, Inc.
REGI
$1.64M 0.09%
135,230
– –
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 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.