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
+3.33%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.43B
AUM Growth
-$70.2M
Cap. Flow
-$98.3M
Cap. Flow %
-6.86%
Top 10 Hldgs %
7.59%
Holding
1,762
New
80
Increased
1,069
Reduced
323
Closed
101

Top Buys

Rank Stock Value
1
PYPL icon
PayPal
PYPL
+$3.57M
2
AVGO icon
Broadcom
AVGO
+$3.12M
3
AXP icon
American Express
AXP
+$2.75M
4
NKE icon
Nike
NKE
+$2.66M
5
SPTN
SpartanNash
SPTN
+$2.13M

Top Sells

Rank Stock Value
1
PSXP
PHILLIPS 66 PARTNERS LP
PSXP
+$7.28M
2
TGE
Tallgrass Energy, LP Class A Shares
TGE
+$7.2M
3
ENLC
ENLINK MIDSTREAM, LLC
ENLC
+$7.14M
4
EPD icon
Enterprise Products Partners
EPD
+$7.13M
5
BPL
Buckeye Partners, L.P.
BPL
+$7.08M

Sector Composition

Rank Sector Weight
1 Financials 16.31%
2 Technology 14.61%
3 Industrials 14.44%
4 Healthcare 10.84%
5 Consumer Discretionary 10.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SNV
326
DELISTED
Synovus
SNV
$1.03M 0.07%
29,420
+310
+1% +$10.8K
GBCI icon
327
Glacier Bancorp
GBCI
$6.48B
$1.02M 0.07%
25,280
-1,620
-6% -$66.5K
VLO icon
328
Valero Energy
VLO
$97.9B
$1.02M 0.07%
11,940
-1,100
-8% -$90.8K
AIT icon
329
Applied Industrial Technologies
AIT
$13.2B
$1.02M 0.07%
16,560
+5,200
+46% +$304K
AYI icon
330
Acuity Brands
AYI
$10.8B
$1.02M 0.07%
7,380
+70
+1% +$9.63K
INGR icon
331
Ingredion
INGR
$6.66B
$1.02M 0.07%
12,330
+140
+1% +$12K
SYF icon
332
Synchrony
SYF
$26.1B
$1.02M 0.07%
29,340
+1,630
+6% +$55.3K
NCLH icon
333
Norwegian Cruise Line
NCLH
$8.9B
$1.02M 0.07%
18,950
+1,100
+6% +$61.1K
CBU icon
334
Community Bank
CBU
$3.44B
$1.01M 0.07%
15,350
+260
+2% +$16.7K
WH icon
335
Wyndham Hotels & Resorts
WH
$5.49B
$1.01M 0.07%
18,100
+20
+0.1% +$1.09K
CW icon
336
Curtiss-Wright
CW
$25.6B
$1.01M 0.07%
7,910
+80
+1% +$9.22K
ANGO icon
337
AngioDynamics
ANGO
$641M
$1M 0.07%
51,050
-50,150
-50% -$1.02M
RLI icon
338
RLI Corp
RLI
$5.83B
$1M 0.07%
23,440
+500
+2% +$20.5K
MGLN
339
DELISTED
Magellan Health Services, Inc.
MGLN
$1M 0.07%
13,550
-750
-5% -$50.4K
MPC icon
340
Marathon Petroleum
MPC
$99.5B
$1M 0.07%
17,978
+1,130
+7% +$61.8K
NPKI
341
NPK International
NPKI
$1.19B
$1M 0.07%
134,980
+380
+0.3% +$2.93K
FITB
342
Fifth Third Bancorp
FITB
$52.7B
$1M 0.07%
35,870
-20,562
-36% -$564K
BOOT icon
343
Boot Barn
BOOT
$4.94B
$999K 0.07%
28,040
-4,490
-14% -$135K
SNA icon
344
Snap-on
SNA
$20.9B
$999K 0.07%
6,030
+1,030
+21% +$168K
CASH icon
345
Pathward Financial
CASH
$1.79B
$998K 0.07%
35,540
+27,510
+343% +$700K
FFIV icon
346
F5
FFIV
$23.7B
$997K 0.07%
6,850
+6,030
+735% +$903K
UPS icon
347
United Parcel Service
UPS
$89.6B
$996K 0.07%
9,640
-6,650
-41% -$692K
DFIN icon
348
Donnelley Financial Solutions
DFIN
$1.19B
$995K 0.07%
74,590
-40,680
-35% -$574K
NEM icon
349
Newmont
NEM
$120B
$995K 0.07%
25,880
-580
-2% -$19.6K
MPWR icon
350
Monolithic Power Systems
MPWR
$68.9B
$991K 0.07%
7,300
+80
+1% +$10.9K
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 2019 Portfolio in Review

As of Q2 2019, Municipal Employees' Retirement System of Michigan held 1,762 positions worth $1.43B, down 4.7% from $1.5B the previous quarter. Its ten largest holdings account for 7.6% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $98.3M in Q2 2019, closing 101 positions and reducing 323 holdings. Its most notable exit was PHILLIPS 66 PARTNERS LP, an estimated $7.28M position sold in full.

By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 14% a quarter earlier, followed by Technology and Industrials.

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in PC Connection worth $1.5M.

  • Municipal Employees' Retirement System of Michigan's largest Q2 2019 buy was PC Connection: 43,010 shares worth $1.5M.
  • Municipal Employees' Retirement System of Michigan added most to PayPal in Q2 2019, an estimated $3.57M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2019 reduction was DuPont de Nemours, cutting an estimated $2.75M.
  • Municipal Employees' Retirement System of Michigan fully exited PHILLIPS 66 PARTNERS LP in Q2 2019, selling an estimated $7.28M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.6% of its $1.43B portfolio in Q2 2019.
  • Municipal Employees' Retirement System of Michigan opened 80 new positions and closed 101 in Q2 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 4.7% quarter-over-quarter to $1.43B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2019, filed 31 Jul 2019.