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
+4.85%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$4.16B
AUM Growth
+$159M
Cap. Flow
-$561K
Cap. Flow %
-0.01%
Top 10 Hldgs %
98.25%
Holding
252
New
2
Increased
5
Reduced
2
Closed
238

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$666M
2
EEM icon
iShares MSCI Emerging Markets ETF
EEM
+$125M
3
SPTI icon
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
+$45.1M
4
SPTL icon
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
+$34.1M
5
SPTS icon
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
+$30M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$413M
2
GOVT icon
iShares US Treasury Bond ETF
GOVT
+$108M
3
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
+$73.5M
4
PYPL icon
PayPal
PYPL
+$3.81M
5
NVDA icon
NVIDIA
NVDA
+$3.76M

Sector Composition

Rank Sector Weight
1 Communication Services 0%
2 Consumer Discretionary 0%
3 Consumer Staples 0%
4 Energy 0%
5 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ALGN icon
26
Align Technology
ALGN
$12.4B
– –
-1,200
Closed -$329K
ALK icon
27
Alaska Air
ALK
$5.29B
– –
-9,550
Closed -$346K
ALL icon
28
Allstate
ALL
$64.7B
– –
-19,470
Closed -$1.89M
AMAT icon
29
Applied Materials
AMAT
$435B
– –
-11,510
Closed -$696K
AMGN icon
30
Amgen
AMGN
$225B
– –
-13,020
Closed -$3.07M
AMP icon
31
Ameriprise Financial
AMP
$49.9B
– –
-7,140
Closed -$1.07M
AMZN icon
32
Amazon
AMZN
$2.88T
– –
-26,200
Closed -$3.61M
ANET icon
33
Arista Networks
ANET
$265B
– –
-25,760
Closed -$338K
APD icon
34
Air Products & Chemicals
APD
$67.7B
– –
-6,300
Closed -$1.52M
AVGO icon
35
Broadcom
AVGO
$1.98T
– –
-115,000
Closed -$3.63M
AVY icon
36
Avery Dennison
AVY
$13.7B
– –
-7,090
Closed -$809K
BAC icon
37
Bank of America
BAC
$453B
– –
-141,180
Closed -$3.35M
BEN icon
38
Franklin Resources
BEN
$17.1B
– –
-39,630
Closed -$831K
BFH icon
39
Bread Financial
BFH
$4.46B
– –
-4,298
Closed -$155K
BIIB icon
40
Biogen
BIIB
$30.9B
– –
-1,450
Closed -$388K
BNY
41
Bank of New York Mellon
BNY
$111B
– –
-36,030
Closed -$1.39M
BMY icon
42
Bristol-Myers Squibb
BMY
$130B
– –
-48,740
Closed -$2.87M
BRK.B icon
43
Berkshire Hathaway Class B
BRK.B
$1.09T
– –
-17,870
Closed -$3.19M
BWA icon
44
BorgWarner
BWA
$14B
– –
-26,105
Closed -$811K
BXP icon
45
Boston Properties
BXP
$10.8B
– –
-13,720
Closed -$1.24M
CAG icon
46
Conagra Brands
CAG
$7.18B
– –
-11,050
Closed -$389K
CBOE icon
47
Cboe Global Markets
CBOE
$30.4B
– –
-8,990
Closed -$839K
CBRE icon
48
CBRE Group
CBRE
$42.7B
– –
-16,190
Closed -$732K
CCL icon
49
Carnival Corporation Ltd
CCL
$37.9B
– –
-9,360
Closed -$154K
CDW icon
50
CDW
CDW
$17.1B
– –
-8,020
Closed -$932K
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 2020 Portfolio in Review

As of Q3 2020, Municipal Employees' Retirement System of Michigan held 252 positions worth $4.16B, up 4% from $4B the previous quarter. Its ten largest holdings account for 98% of the portfolio.

Municipal Employees' Retirement System of Michigan's Q3 2020 filing shows 2 new, 5 increased, 2 reduced and 238 closed positions. Its largest new stake was iShares MSCI Emerging Markets ETF: 2,860,243 shares worth $126M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $413M.

By sector, the portfolio is most concentrated in Communication Services at 0% of assets, down from 0.73% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.

  • Municipal Employees' Retirement System of Michigan's largest Q3 2020 buy was iShares MSCI Emerging Markets ETF: 2,860,243 shares worth $126M.
  • Municipal Employees' Retirement System of Michigan added most to iShares Core S&P 500 ETF in Q3 2020, an estimated $666M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q3 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $413M.
  • Municipal Employees' Retirement System of Michigan fully exited iShares US Treasury Bond ETF in Q3 2020, selling an estimated $108M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 98% of its $4.16B portfolio in Q3 2020.
  • Municipal Employees' Retirement System of Michigan opened 2 new positions and closed 238 in Q3 2020.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 4% quarter-over-quarter to $4.16B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q3 2020, filed 5 Oct 2020.