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
+1.02%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$2.62B
AUM Growth
+$1.18B
Cap. Flow
+$1.18B
Cap. Flow %
45.1%
Top 10 Hldgs %
33.55%
Holding
1,716
New
55
Increased
626
Reduced
537
Closed
38

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$344M
2
SPTI icon
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
+$117M
3
STIP icon
iShares 0-5 Year TIPS Bond ETF
STIP
+$59.9M
4
MBB icon
iShares MBS ETF
MBB
+$50.2M
5
FLRN icon
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
+$45.1M

Top Sells

Rank Stock Value
1
NGL icon
NGL Energy Partners
NGL
+$9.04M
2
CEQP
Crestwood Equity Partners LP
CEQP
+$7.87M
3
TCP
TC Pipelines LP
TCP
+$7.48M
4
CQP icon
Cheniere Energy
CQP
+$7.31M
5
NS
NuStar Energy L.P.
NS
+$7.27M

Sector Composition

Rank Sector Weight
1 Financials 8.75%
2 Technology 7.96%
3 Industrials 7.51%
4 Consumer Discretionary 5.82%
5 Healthcare 5.81%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UPS icon
251
United Parcel Service
UPS
$89.6B
$1.17M 0.04%
9,790
+150
+2% +$17.1K
RDUS
252
DELISTED
Radius Recycling
RDUS
$1.17M 0.04%
56,500
– –
J icon
253
Jacobs Solutions
J
$16.8B
$1.16M 0.04%
15,281
– –
XYL icon
254
Xylem
XYL
$28.1B
$1.16M 0.04%
14,520
– –
CABO icon
255
Cable One
CABO
$198M
$1.15M 0.04%
920
– –
CVS icon
256
CVS Health
CVS
$121B
$1.15M 0.04%
18,233
+270
+2% +$16K
MPWR icon
257
Monolithic Power Systems
MPWR
$69.5B
$1.15M 0.04%
7,380
+80
+1% +$12K
TXT icon
258
Textron
TXT
$15B
$1.15M 0.04%
23,470
– –
GWR
259
DELISTED
Genesee & Wyoming Inc.
GWR
$1.15M 0.04%
10,390
-20
-0.2% -$2.2K
EHC icon
260
Encompass Health
EHC
$12.2B
$1.15M 0.04%
22,752
-201
-0.9% -$10.1K
PRAH
261
DELISTED
PRA Health Sciences, Inc.
PRAH
$1.14M 0.04%
11,520
+620
+6% +$61.6K
FIS icon
262
Fidelity National Information Services
FIS
$22B
$1.14M 0.04%
8,600
+4,130
+92% +$548K
OMC icon
263
Omnicom Group
OMC
$23.8B
$1.14M 0.04%
14,550
– –
ARW icon
264
Arrow Electronics
ARW
$10.7B
$1.14M 0.04%
15,250
-450
-3% -$31.8K
HST icon
265
Host Hotels & Resorts
HST
$15.6B
$1.14M 0.04%
65,810
– –
STT icon
266
State Street
STT
$52.2B
$1.13M 0.04%
19,090
– –
SABR icon
267
Sabre
SABR
$868M
$1.12M 0.04%
50,210
-710
-1% -$16.7K
PLAB icon
268
Photronics
PLAB
$2B
$1.12M 0.04%
103,040
-15,010
-13% -$145K
MDLZ icon
269
Mondelez International
MDLZ
$80.8B
$1.12M 0.04%
20,220
+220
+1% +$12K
ROK icon
270
Rockwell Automation
ROK
$49.8B
$1.12M 0.04%
6,780
– –
CIEN icon
271
Ciena
CIEN
$65.2B
$1.12M 0.04%
28,460
+1,870
+7% +$78.4K
FL
272
DELISTED
Foot Locker
FL
$1.11M 0.04%
25,840
+18,590
+256% +$748K
WWD icon
273
Woodward
WWD
$21.3B
$1.11M 0.04%
10,330
– –
RLI icon
274
RLI Corp
RLI
$5.82B
$1.11M 0.04%
23,920
+480
+2% +$21.7K
BRX icon
275
Brixmor Property Group
BRX
$9.15B
$1.11M 0.04%
54,640
-570
-1% -$10.7K
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 2019 Portfolio in Review

As of Q3 2019, Municipal Employees' Retirement System of Michigan held 1,716 positions worth $2.62B, up 83% from $1.43B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $1.18B of net new capital in Q3 2019, opening 55 new positions and adding to 626 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 1,158,671 shares worth $346M.

By sector, the portfolio is most concentrated in Financials at 8.8% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was MarketAxess Holdings, an estimated $2.31M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q3 2019 buy was iShares Core S&P 500 ETF: 1,158,671 shares worth $346M.
  • Municipal Employees' Retirement System of Michigan added most to Foot Locker in Q3 2019, an estimated $748K increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q3 2019 reduction was MarketAxess Holdings, cutting an estimated $2.31M.
  • Municipal Employees' Retirement System of Michigan fully exited NGL Energy Partners in Q3 2019, selling an estimated $9.04M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 34% of its $2.62B portfolio in Q3 2019.
  • Municipal Employees' Retirement System of Michigan opened 55 new positions and closed 38 in Q3 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 83% quarter-over-quarter to $2.62B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q3 2019, filed 29 Oct 2019.