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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
NATI
376
DELISTED
National Instruments Corp
NATI
$1.36M 0.07%
32,360
-8,660
-21% -$353K
AET
377
DELISTED
Aetna Inc
AET
$1.36M 0.07%
8,570
-2,260
-21% -$353K
FHN icon
378
First Horizon
FHN
$12.3B
$1.36M 0.07%
70,820
-19,420
-22% -$341K
PTEN icon
379
Patterson-UTI
PTEN
$4.17B
$1.36M 0.07%
64,780
+1,280
+2% +$23.6K
X
380
DELISTED
US Steel
X
$1.36M 0.07%
52,830
-14,590
-22% -$357K
DHR icon
381
Danaher
DHR
$143B
$1.35M 0.07%
17,811
-4,343
-20% -$321K
WEX icon
382
WEX
WEX
$6.7B
$1.35M 0.07%
12,070
-2,830
-19% -$307K
EPR icon
383
EPR Properties
EPR
$4.76B
$1.35M 0.07%
19,380
-5,350
-22% -$377K
SR icon
384
Spire
SR
$4.9B
$1.35M 0.07%
18,110
+6,730
+59% +$499K
BIO icon
385
Bio-Rad Laboratories Class A
BIO
$9.57B
$1.35M 0.07%
6,080
-1,960
-24% -$441K
POOL icon
386
Pool Corp
POOL
$7.27B
$1.35M 0.07%
12,470
-3,490
-22% -$377K
SCHW
387
Charles Schwab
SCHW
$190B
$1.35M 0.07%
30,790
-8,140
-21% -$338K
SP
388
DELISTED
SP Plus Corporation
SP
$1.35M 0.07%
34,110
– –
LFUS icon
389
Littelfuse
LFUS
$11.5B
$1.35M 0.07%
6,870
-1,890
-22% -$343K
CHEF icon
390
Chefs' Warehouse
CHEF
$4.53B
$1.34M 0.07%
69,630
– –
RIG icon
391
Transocean
RIG
$6.34B
$1.34M 0.07%
124,650
+106,100
+572% +$914K
IDA icon
392
Idacorp
IDA
$8.14B
$1.34M 0.07%
15,240
-4,210
-22% -$368K
AEE icon
393
Ameren
AEE
$30.2B
$1.34M 0.07%
23,140
-1,450
-6% -$83.8K
ROL icon
394
Rollins
ROL
$17.5B
$1.34M 0.07%
65,273
-18,045
-22% -$348K
NEWS
395
DELISTED
NewStar Financial, Inc.
NEWS
$1.34M 0.07%
113,810
– –
HPQ icon
396
HP
HPQ
$28B
$1.33M 0.07%
66,740
-12,060
-15% -$230K
VAC icon
397
Marriott Vacations Worldwide
VAC
$4.14B
$1.33M 0.07%
10,650
+3,410
+47% +$393K
ITRI icon
398
Itron
ITRI
$4.46B
$1.32M 0.07%
17,080
+4,870
+40% +$353K
WTFC icon
399
Wintrust Financial
WTFC
$10.9B
$1.32M 0.07%
16,880
-4,600
-21% -$342K
CLB icon
400
Core Laboratories
CLB
$574M
$1.32M 0.07%
+13,340
New +$1.29M
14 15
16
17 18

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
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WPL
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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.