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
GOOG icon
26
Alphabet (Google) Class C
GOOG
$4.19T
$7.47M 0.4%
155,860
-39,000
-20% -$1.82M
KO icon
27
Coca-Cola
KO
$373B
$7.38M 0.39%
163,860
-26,080
-14% -$1.19M
MRK icon
28
Merck
MRK
$328B
$7.35M 0.39%
120,268
-19,189
-14% -$1.16M
CSCO icon
29
Cisco
CSCO
$488B
$7.16M 0.38%
213,000
-34,100
-14% -$1.09M
PM icon
30
Philip Morris
PM
$290B
$7.16M 0.38%
64,450
-10,600
-14% -$1.23M
MA icon
31
Mastercard
MA
$490B
$6.88M 0.36%
48,740
-6,580
-12% -$871K
PEP icon
32
PepsiCo
PEP
$189B
$6.86M 0.36%
61,600
-9,750
-14% -$1.13M
ORCL icon
33
Oracle
ORCL
$442B
$6.79M 0.36%
140,490
-20,070
-13% -$999K
AMGN icon
34
Amgen
AMGN
$225B
$6.67M 0.35%
35,770
-5,150
-13% -$913K
MCD icon
35
McDonald's
MCD
$195B
$6.58M 0.35%
41,960
-5,880
-12% -$922K
DIS icon
36
Walt Disney
DIS
$178B
$6.34M 0.34%
64,280
-7,480
-10% -$769K
MMM icon
37
3M
MMM
$94.8B
$6.29M 0.33%
35,808
-4,772
-12% -$827K
CELG
38
DELISTED
Celgene Corp
CELG
$6.17M 0.33%
42,280
-5,290
-11% -$721K
HON icon
39
Honeywell
HON
$74.6B
$5.93M 0.31%
46,328
-5,756
-11% -$714K
WMT icon
40
Walmart Inc
WMT
$923B
$5.89M 0.31%
226,170
-32,490
-13% -$852K
IBM icon
41
IBM
IBM
$222B
$5.57M 0.3%
40,187
-5,743
-13% -$800K
MO icon
42
Altria Group
MO
$107B
$5.57M 0.29%
87,850
-13,370
-13% -$891K
MDT icon
43
Medtronic
MDT
$116B
$5.4M 0.29%
69,420
-9,410
-12% -$781K
DD icon
44
DuPont de Nemours
DD
$19.5B
$5.23M 0.28%
29,815
+9,522
+47% +$1.59M
GS icon
45
Goldman Sachs
GS
$302B
$5.08M 0.27%
21,410
-2,640
-11% -$595K
RTX icon
46
RTX Corp
RTX
$300B
$5.06M 0.27%
69,249
-8,167
-11% -$604K
SLB icon
47
SLB Ltd
SLB
$78.1B
$4.92M 0.26%
70,542
-9,000
-11% -$595K
CHTR icon
48
Charter Communications
CHTR
$17.9B
$4.91M 0.26%
13,510
-1,790
-12% -$666K
LLY icon
49
Eli Lilly
LLY
$1.09T
$4.89M 0.26%
57,150
-6,320
-10% -$518K
WBA
50
DELISTED
Walgreens Boots Alliance
WBA
$4.41M 0.23%
57,150
-3,840
-6% -$308K
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 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.