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
CLX icon
326
Clorox
CLX
$12.7B
$1.47M 0.08%
11,120
-790
-7% -$106K
NFG icon
327
National Fuel Gas
NFG
$7.72B
$1.46M 0.08%
25,860
-7,110
-22% -$412K
WBS icon
328
Webster Financial
WBS
$12.8B
$1.46M 0.08%
27,850
-7,740
-22% -$387K
SCMP
329
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
$1.46M 0.08%
124,090
+3,480
+3% +$39K
AVT icon
330
Avnet
AVT
$7.94B
$1.46M 0.08%
37,220
-11,850
-24% -$454K
SNPS icon
331
Synopsys
SNPS
$79.2B
$1.46M 0.08%
18,170
-1,000
-5% -$77.6K
ORI icon
332
Old Republic International
ORI
$10.3B
$1.46M 0.08%
74,170
-20,450
-22% -$396K
TRN icon
333
Trinity Industries
TRN
$2.33B
$1.46M 0.08%
63,575
-18,015
-22% -$372K
LLL
334
DELISTED
L3 Technologies, Inc.
LLL
$1.45M 0.08%
7,710
-460
-6% -$82.6K
DNKN
335
DELISTED
Dunkin' Brands Group, Inc.
DNKN
$1.45M 0.08%
27,290
-8,280
-23% -$439K
IMH
336
DELISTED
Impac Mortgage Holdings Inc.
IMH
$1.45M 0.08%
110,840
– –
MPT
337
Medical Properties Trust
MPT
$2.45B
$1.45M 0.08%
110,120
-30,380
-22% -$391K
VLO icon
338
Valero Energy
VLO
$97.2B
$1.44M 0.08%
18,770
-3,250
-15% -$224K
EOG icon
339
EOG Resources
EOG
$74.4B
$1.44M 0.08%
14,920
-3,680
-20% -$332K
HLTH
340
DELISTED
Nobilis Health Corp.
HLTH
$1.44M 0.08%
961,980
– –
ESRX
341
DELISTED
Express Scripts Holding Company
ESRX
$1.44M 0.08%
22,770
-4,460
-16% -$277K
VVV icon
342
Valvoline
VVV
$4.27B
$1.44M 0.08%
61,287
-17,650
-22% -$396K
AIG icon
343
American International
AIG
$39.7B
$1.43M 0.08%
23,340
-5,380
-19% -$335K
ED icon
344
Consolidated Edison
ED
$40B
$1.43M 0.08%
17,740
-1,830
-9% -$151K
CRI icon
345
Carter's
CRI
$1.43B
$1.43M 0.08%
14,470
-4,030
-22% -$359K
MET icon
346
MetLife
MET
$61.6B
$1.43M 0.08%
27,460
-12,304
-31% -$599K
B
347
DELISTED
Barnes Group Inc.
B
$1.43M 0.08%
20,250
+6,930
+52% +$430K
KEM
348
DELISTED
KEMET Corporation
KEM
$1.42M 0.08%
67,130
– –
BTI icon
349
British American Tobacco
BTI
$124B
$1.42M 0.08%
+22,691
New +$1.46M
SVC
350
Service Properties Trust
SVC
$1.07B
$1.42M 0.07%
9,936
-2,746
-22% -$387K
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 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.