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
+15.07%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.5B
AUM Growth
-$189M
Cap. Flow
-$393M
Cap. Flow %
-26.17%
Top 10 Hldgs %
7.14%
Holding
1,714
New
39
Increased
483
Reduced
919
Closed
31

Top Buys

Rank Stock Value
1
WES icon
Western Midstream Partners
WES
+$6.71M
2
ENLC
ENLINK MIDSTREAM, LLC
ENLC
+$6.31M
3
AM icon
Antero Midstream
AM
+$6.08M
4
CEQP
Crestwood Equity Partners LP
CEQP
+$1.53M
5
DCP
DCP Midstream, LP
DCP
+$1.51M

Top Sells

Rank Stock Value
1
ENB icon
Enbridge
ENB
+$12.5M
2
MSFT icon
Microsoft
MSFT
+$11M
3
AAPL icon
Apple
AAPL
+$10.6M
4
AMZN icon
Amazon
AMZN
+$9.05M
5
WES
Western Gas Partners Lp
WES
+$5.68M

Sector Composition

Rank Sector Weight
1 Financials 14.21%
2 Energy 13.82%
3 Technology 13.12%
4 Industrials 13.11%
5 Consumer Discretionary 10.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XRX icon
451
Xerox
XRX
$412M
$857K 0.06%
26,817
-2,730
-9% -$77K
EV
452
DELISTED
Eaton Vance Corp.
EV
$856K 0.06%
21,240
-7,130
-25% -$283K
OMC icon
453
Omnicom Group
OMC
$24.2B
$855K 0.06%
11,710
-2,930
-20% -$220K
OGS icon
454
ONE Gas
OGS
$5.09B
$853K 0.06%
9,580
-3,040
-24% -$255K
WBS icon
455
Webster Financial
WBS
$12.8B
$852K 0.06%
16,820
-5,340
-24% -$289K
JBTM
456
JBT Marel
JBTM
$6.1B
$852K 0.06%
9,270
+130
+1% +$11K
THG icon
457
Hanover Insurance
THG
$7.77B
$847K 0.06%
7,420
-2,800
-27% -$322K
ACM icon
458
Aecom
ACM
$8.19B
$846K 0.06%
28,500
-10,140
-26% -$303K
NYT icon
459
New York Times
NYT
$10.3B
$846K 0.06%
25,740
-8,170
-24% -$242K
KMPR icon
460
Kemper
KMPR
$1.59B
$845K 0.06%
11,100
-3,460
-24% -$265K
SRCL
461
DELISTED
Stericycle Inc
SRCL
$845K 0.06%
15,520
-4,950
-24% -$224K
CRI icon
462
Carter's
CRI
$1.44B
$843K 0.06%
8,360
-2,810
-25% -$251K
MNRO icon
463
Monro
MNRO
$352M
$842K 0.06%
9,730
+220
+2% +$16.7K
NSP icon
464
Insperity
NSP
$2.05B
$842K 0.06%
6,810
-2,360
-26% -$269K
GTLS
465
DELISTED
Chart Industries
GTLS
$841K 0.06%
9,290
+320
+4% +$25.8K
BIIB icon
466
Biogen
BIIB
$31.1B
$839K 0.06%
3,550
-2,680
-43% -$844K
STRA icon
467
Strategic Education
STRA
$1.86B
$839K 0.06%
6,388
+170
+3% +$20.7K
WSO icon
468
Watsco Inc
WSO
$12.9B
$839K 0.06%
5,860
-1,840
-24% -$264K
LFUS icon
469
Littelfuse
LFUS
$11.4B
$838K 0.06%
4,590
-1,440
-24% -$266K
PB icon
470
Prosperity Bancshares
PB
$8.97B
$836K 0.06%
12,100
-3,840
-24% -$274K
PACW
471
DELISTED
PacWest Bancorp
PACW
$835K 0.06%
22,200
-7,130
-24% -$276K
JBGS
472
JBG SMITH
JBGS
$692M
$834K 0.06%
20,180
-5,850
-22% -$230K
LRCX icon
473
Lam Research
LRCX
$422B
$834K 0.06%
46,600
-22,500
-33% -$375K
PRLB icon
474
Protolabs
PRLB
$2.21B
$834K 0.06%
7,930
+110
+1% +$12.3K
MDSO
475
DELISTED
Medidata Solutions, Inc.
MDSO
$834K 0.06%
11,390
-2,950
-21% -$213K
17 18
19
20 21

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 2019 Portfolio in Review

As of Q1 2019, Municipal Employees' Retirement System of Michigan held 1,714 positions worth $1.5B, down 11% from $1.69B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $393M in Q1 2019, closing 31 positions and reducing 919 holdings. Its most notable exit was Enbridge, an estimated $12.5M position sold in full.

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

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Western Midstream Partners worth $6.63M.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2019 buy was Western Midstream Partners: 211,319 shares worth $6.63M.
  • Municipal Employees' Retirement System of Michigan added most to Crestwood Equity Partners LP in Q1 2019, an estimated $1.53M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2019 reduction was Microsoft, cutting an estimated $11M.
  • Municipal Employees' Retirement System of Michigan fully exited Enbridge in Q1 2019, selling an estimated $12.5M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.1% of its $1.5B portfolio in Q1 2019.
  • Municipal Employees' Retirement System of Michigan opened 39 new positions and closed 31 in Q1 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 11% quarter-over-quarter to $1.5B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2019, filed 15 May 2019.