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
+5.45%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.85B
AUM Growth
+$356M
Cap. Flow
+$294M
Cap. Flow %
15.88%
Top 10 Hldgs %
6.88%
Holding
1,781
New
28
Increased
1,420
Reduced
173
Closed
96

Top Buys

Rank Stock Value
1
TEP
Tallgrass Energy Partners, LP
TEP
+$3.98M
2
BWP
Boardwalk Pipeline Partners
BWP
+$3.93M
3
RTX icon
RTX Corp
RTX
+$2.48M
4
HON icon
Honeywell
HON
+$2.48M
5
SBUX icon
Starbucks
SBUX
+$2.27M

Top Sells

Rank Stock Value
1
JAH
JARDEN CORPORATION
JAH
+$4.06M
2
AYI icon
Acuity Brands
AYI
+$3.3M
3
CNC icon
Centene
CNC
+$3.2M
4
LKQ icon
LKQ Corp
LKQ
+$3M
5
GPN icon
Global Payments
GPN
+$2.82M

Sector Composition

Rank Sector Weight
1 Financials 14.06%
2 Industrials 12.58%
3 Technology 12.24%
4 Healthcare 11.55%
5 Consumer Discretionary 9.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WGL
326
DELISTED
Wgl Holdings
WGL
$1.57M 0.09%
22,250
+5,640
+34% +$382K
KMB icon
327
Kimberly-Clark
KMB
$36.7B
$1.57M 0.08%
11,370
+270
+2% +$35.3K
DNY
328
DELISTED
DONNELLEY R R & SONS CO
DNY
$1.57M 0.08%
92,680
+23,100
+33% +$391K
HE icon
329
Hawaiian Electric Industries
HE
$2.05B
$1.56M 0.08%
47,740
+11,870
+33% +$391K
LHCG
330
DELISTED
LHC Group LLC
LHCG
$1.56M 0.08%
36,140
-10,510
-23% -$428K
JBL icon
331
Jabil
JBL
$39.1B
$1.56M 0.08%
84,640
+21,120
+33% +$384K
AXP icon
332
American Express
AXP
$232B
$1.56M 0.08%
25,550
+370
+1% +$23.4K
FICO icon
333
Fair Isaac
FICO
$23.3B
$1.56M 0.08%
13,790
+3,340
+32% +$362K
OSK icon
334
Oshkosh
OSK
$9.36B
$1.55M 0.08%
32,470
+8,100
+33% +$359K
PVTB
335
DELISTED
PrivateBancorp Inc
PVTB
$1.55M 0.08%
35,150
+8,690
+33% +$354K
CFR icon
336
Cullen/Frost Bankers
CFR
$10.5B
$1.54M 0.08%
24,150
+5,970
+33% +$368K
QEP
337
DELISTED
QEP RESOURCES, INC.
QEP
$1.54M 0.08%
87,300
+23,680
+37% +$409K
KIM icon
338
Kimco Realty
KIM
$16.3B
$1.54M 0.08%
49,030
+22,790
+87% +$656K
OGS icon
339
ONE Gas
OGS
$5.09B
$1.54M 0.08%
23,080
+5,650
+32% +$341K
ZBH icon
340
Zimmer Biomet
ZBH
$18.8B
$1.53M 0.08%
13,081
+7,437
+132% +$842K
EIX icon
341
Edison International
EIX
$26.9B
$1.53M 0.08%
19,600
+5,760
+42% +$413K
ED icon
342
Consolidated Edison
ED
$40B
$1.53M 0.08%
18,980
+5,340
+39% +$401K
UMPQ
343
DELISTED
Umpqua Holdings Corp
UMPQ
$1.53M 0.08%
97,630
+24,190
+33% +$378K
FNFG
344
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
$1.52M 0.08%
156,560
+38,300
+32% +$394K
VYX icon
345
NCR Voyix
VYX
$1.14B
$1.52M 0.08%
89,389
+22,135
+33% +$401K
LYV icon
346
Live Nation Entertainment
LYV
$43.4B
$1.52M 0.08%
64,680
+16,070
+33% +$367K
WEX icon
347
WEX
WEX
$6.72B
$1.52M 0.08%
17,110
+4,230
+33% +$377K
D icon
348
Dominion Energy
D
$60.3B
$1.51M 0.08%
19,420
-3,760
-16% -$273K
CLGX
349
DELISTED
Corelogic, Inc.
CLGX
$1.51M 0.08%
39,320
+9,900
+34% +$362K
FLO icon
350
Flowers Foods
FLO
$1.6B
$1.51M 0.08%
80,580
+18,300
+29% +$341K
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
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 Q2 2016 Portfolio in Review

As of Q2 2016, Municipal Employees' Retirement System of Michigan held 1,781 positions worth $1.85B, up 24% from $1.5B the previous quarter. Its ten largest holdings account for 6.9% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $294M of net new capital in Q2 2016, opening 28 new positions and adding to 1,420 existing holdings. Its largest new stake was Tallgrass Energy Partners, LP: 91,940 shares worth $4.23M.

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

On the sell side, the largest reduction was Acuity Brands, an estimated $3.3M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q2 2016 buy was Tallgrass Energy Partners, LP: 91,940 shares worth $4.23M.
  • Municipal Employees' Retirement System of Michigan added most to RTX Corp in Q2 2016, an estimated $2.48M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2016 reduction was Acuity Brands, cutting an estimated $3.3M.
  • Municipal Employees' Retirement System of Michigan fully exited JARDEN CORPORATION in Q2 2016, selling an estimated $4.06M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 6.9% of its $1.85B portfolio in Q2 2016.
  • Municipal Employees' Retirement System of Michigan opened 28 new positions and closed 96 in Q2 2016.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 24% quarter-over-quarter to $1.85B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2016, filed 15 Aug 2016.