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
+2.91%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.29B
AUM Growth
+$303M
Cap. Flow
+$280M
Cap. Flow %
21.78%
Top 10 Hldgs %
7.95%
Holding
1,672
New
768
Increased
659
Reduced
141
Closed
5

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$3.55M
2
STC icon
Stewart Information Services
STC
+$2.48M
3
PMC
PharMerica Corporation
PMC
+$2.33M
4
PTRY
PANTRY INC (THE)
PTRY
+$1.92M
5
SPTN
SpartanNash
SPTN
+$1.67M

Top Sells

Rank Stock Value
1
BFH icon
Bread Financial
BFH
+$3.15M
2
TSCO icon
Tractor Supply
TSCO
+$2.37M
3
MHK icon
Mohawk Industries
MHK
+$2.09M
4
HMA
HEALTH MGMT ASSOC INC CL-A
HMA
+$934K
5
LPS
LENDER PROCESSING SERVICES INC
LPS
+$875K

Sector Composition

Rank Sector Weight
1 Financials 14.34%
2 Industrials 13.9%
3 Technology 13.06%
4 Healthcare 10.79%
5 Consumer Discretionary 10.13%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KBR icon
326
KBR
KBR
$4.81B
$1.09M 0.08%
40,900
+400
+1% +$12.1K
BMR
327
DELISTED
BIOMED REALTY TRUST INC
BMR
$1.09M 0.08%
53,100
+500
+1% +$9.86K
SCHW
328
Charles Schwab
SCHW
$190B
$1.08M 0.08%
39,500
+2,800
+8% +$73.2K
CRM icon
329
Salesforce
CRM
$165B
$1.08M 0.08%
18,900
+900
+5% +$53.8K
ACC
330
DELISTED
American Campus Communities, Inc.
ACC
$1.08M 0.08%
28,900
+200
+0.7% +$7.08K
RTN
331
DELISTED
Raytheon Company
RTN
$1.08M 0.08%
10,900
+100
+0.9% +$9.49K
CRVL icon
332
CorVel
CRVL
$3.25B
$1.07M 0.08%
+64,800
New +$1.04M
ITT icon
333
ITT
ITT
$19.4B
$1.07M 0.08%
25,000
+300
+1% +$12.7K
MYE icon
334
Myers Industries
MYE
$1.25B
$1.06M 0.08%
+53,100
New +$1.06M
TRV icon
335
Travelers Companies
TRV
$77.2B
$1.05M 0.08%
12,400
-200
-2% -$16.8K
TER icon
336
Teradyne
TER
$64.2B
$1.05M 0.08%
52,900
+46,500
+727% +$899K
LHCG
337
DELISTED
LHC Group LLC
LHCG
$1.05M 0.08%
+47,700
New +$1.11M
OMCL icon
338
Omnicell
OMCL
$1.72B
$1.05M 0.08%
+36,700
New +$1M
CBSH icon
339
Commerce Bancshares
CBSH
$8.61B
$1.04M 0.08%
40,407
+719
+2% +$17.9K
CTSH icon
340
Cognizant
CTSH
$26.7B
$1.04M 0.08%
20,600
+400
+2% +$20K
STT icon
341
State Street
STT
$52.2B
$1.04M 0.08%
15,000
-200
-1% -$13.8K
FEIC
342
DELISTED
FEI COMPANY
FEIC
$1.04M 0.08%
+10,100
New +$992K
RAX
343
DELISTED
Rackspace Hosting Inc
RAX
$1.04M 0.08%
31,700
+500
+2% +$17.9K
ADBE icon
344
Adobe
ADBE
$108B
$1.04M 0.08%
15,800
-900
-5% -$57.7K
PB icon
345
Prosperity Bancshares
PB
$8.97B
$1.04M 0.08%
15,700
+200
+1% +$12.7K
FLO icon
346
Flowers Foods
FLO
$1.6B
$1.04M 0.08%
48,400
+500
+1% +$10.4K
CYN
347
DELISTED
CITY NATIONAL CORPORATION
CYN
$1.03M 0.08%
13,100
+100
+0.8% +$7.52K
GLW icon
348
Corning
GLW
$137B
$1.03M 0.08%
49,400
+400
+0.8% +$7.52K
WEX icon
349
WEX
WEX
$6.78B
$1.03M 0.08%
10,800
+200
+2% +$18.3K
PAY
350
DELISTED
Verifone Systems Inc
PAY
$1.02M 0.08%
30,200
+300
+1% +$8.89K
12 13
14
15 16

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
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
PVI
Partners Value Investments Hamilton, Bermuda $9.34B AUM 12.2% 1-Year Est. Return

Municipal Employees' Retirement System of Michigan's Q1 2014 Portfolio in Review

As of Q1 2014, Municipal Employees' Retirement System of Michigan held 1,672 positions worth $1.29B, up 31% from $982M the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $280M of net new capital in Q1 2014, opening 768 new positions and adding to 659 existing holdings. Its largest new stake was Meta Platforms (Facebook): 56,100 shares worth $3.38M.

By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 15% a quarter earlier, followed by Industrials and Technology.

On the sell side, the largest reduction was Bread Financial, an estimated $3.15M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2014 buy was Meta Platforms (Facebook): 56,100 shares worth $3.38M.
  • Municipal Employees' Retirement System of Michigan added most to Teradyne in Q1 2014, an estimated $899K increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2014 reduction was Bread Financial, cutting an estimated $3.15M.
  • Municipal Employees' Retirement System of Michigan fully exited HEALTH MGMT ASSOC INC CL-A in Q1 2014, selling an estimated $934K.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.9% of its $1.29B portfolio in Q1 2014.
  • Municipal Employees' Retirement System of Michigan opened 768 new positions and closed 5 in Q1 2014.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 31% quarter-over-quarter to $1.29B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2014, filed 13 May 2014.