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
+9.9%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$982M
AUM Growth
+$249M
Cap. Flow
+$175M
Cap. Flow %
17.78%
Top 10 Hldgs %
10.63%
Holding
913
New
10
Increased
394
Reduced
3
Closed
9

Top Buys

Rank Stock Value
1
GPOR
Gulfport Energy Corp.
GPOR
+$1.39M
2
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
+$1.35M
3
CBST
CUBIST PHARMACEUTICALS INC
CBST
+$1.31M
4
MAA icon
Mid-America Apartment Communities
MAA
+$1.28M
5
BFH icon
Bread Financial
BFH
+$1.27M

Top Sells

Rank Stock Value
1
VRTX icon
Vertex Pharmaceuticals
VRTX
+$1.98M
2
AME icon
Ametek
AME
+$1.51M
3
NVE
NV ENERGY, INC
NVE
+$914K
4
DELL
DELL INC
DELL
+$669K
5
NYX
NYSE EURONEXT INC
NYX
+$340K

Sector Composition

Rank Sector Weight
1 Financials 14.87%
2 Industrials 13.6%
3 Technology 13.19%
4 Healthcare 10.94%
5 Consumer Discretionary 9.92%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
INTC icon
26
Intel
INTC
$509B
$4.28M 0.44%
164,800
– –
PEP icon
27
PepsiCo
PEP
$189B
$4.26M 0.43%
51,400
– –
QCOM icon
28
Qualcomm
QCOM
$171B
$4.25M 0.43%
57,300
– –
HD icon
29
Home Depot
HD
$342B
$4.1M 0.42%
49,800
– –
SLB icon
30
SLB Ltd
SLB
$78.1B
$3.99M 0.41%
44,300
– –
CSCO icon
31
Cisco
CSCO
$488B
$3.99M 0.41%
177,600
– –
V icon
32
Visa
V
$671B
$3.83M 0.39%
68,800
– –
GILD icon
33
Gilead Sciences
GILD
$168B
$3.82M 0.39%
50,800
– –
BFH icon
34
Bread Financial
BFH
$4.46B
$3.52M 0.36%
16,790
+6,641
+65% +$1.27M
MCD icon
35
McDonald's
MCD
$195B
$3.24M 0.33%
33,400
– –
RTX icon
36
RTX Corp
RTX
$300B
$3.2M 0.33%
44,651
– –
AMG icon
37
Affiliated Managers Group
AMG
$9.57B
$3.15M 0.32%
14,500
+5,800
+67% +$1.16M
BA icon
38
Boeing
BA
$183B
$3.1M 0.32%
22,700
– –
TSCO icon
39
Tractor Supply
TSCO
$19B
$2.96M 0.3%
191,000
+76,000
+66% +$1.09M
MMM icon
40
3M
MMM
$94.8B
$2.96M 0.3%
25,236
– –
CVS icon
41
CVS Health
CVS
$121B
$2.93M 0.3%
41,000
– –
MA icon
42
Mastercard
MA
$490B
$2.92M 0.3%
35,000
– –
AXP icon
43
American Express
AXP
$232B
$2.9M 0.3%
32,000
– –
BMY icon
44
Bristol-Myers Squibb
BMY
$130B
$2.9M 0.3%
54,600
– –
COP icon
45
ConocoPhillips
COP
$153B
$2.88M 0.29%
40,700
– –
AMGN icon
46
Amgen
AMGN
$225B
$2.84M 0.29%
24,900
– –
ABBV icon
47
AbbVie
ABBV
$440B
$2.78M 0.28%
52,700
– –
DINO icon
48
HF Sinclair
DINO
$15.6B
$2.72M 0.28%
54,700
+21,200
+63% +$967K
GMCR
49
DELISTED
KEURIG GREEN MTN INC
GMCR
$2.71M 0.28%
35,900
+15,500
+76% +$1.05M
HSIC icon
50
Henry Schein
HSIC
$10.1B
$2.71M 0.28%
60,435
+23,715
+65% +$1.04M
1
2
3 4 5

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 Q4 2013 Portfolio in Review

As of Q4 2013, Municipal Employees' Retirement System of Michigan held 913 positions worth $982M, up 34% from $733M the previous quarter. Its ten largest holdings account for 11% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $175M of net new capital in Q4 2013, opening 10 new positions and adding to 394 existing holdings. Its largest new stake was Gulfport Energy Corp.: 23,000 shares worth $1.45M.

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

On the sell side, the largest reduction was Vertex Pharmaceuticals, an estimated $1.98M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q4 2013 buy was Gulfport Energy Corp.: 23,000 shares worth $1.45M.
  • Municipal Employees' Retirement System of Michigan added most to Bread Financial in Q4 2013, an estimated $1.27M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q4 2013 reduction was Vertex Pharmaceuticals, cutting an estimated $1.98M.
  • Municipal Employees' Retirement System of Michigan fully exited NV ENERGY, INC in Q4 2013, selling an estimated $914K.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 11% of its $982M portfolio in Q4 2013.
  • Municipal Employees' Retirement System of Michigan opened 10 new positions and closed 9 in Q4 2013.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 34% quarter-over-quarter to $982M.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q4 2013, filed 10 Feb 2014.