MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.31B
This Quarter Return
+4.66%
1 Year Return
+8.76%
3 Year Return
+28.77%
5 Year Return
+35.28%
10 Year Return
–
AUM
$7.38B
AUM Growth
+$7.38B
Cap. Flow
+$918M
Cap. Flow %
12.44%
Top 10 Hldgs %
85.47%
Holding
32
New
5
Increased
8
Reduced
11
Closed
3

Top Buys

1
QVML icon
Invesco S&P 500 QVM Multi-factor ETF
QVML
$751M
2
QVMM icon
Invesco QQQ Trust Series 1
QVMM
$200M
3
EMHC icon
SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$180M
4
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
$132M
5
SPTI icon
SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$100M

Top Sells

1
SPTL icon
SPDR Portfolio Long Term Treasury ETF
SPTL
$140M
2
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$96.3M
3
VGK icon
Vanguard FTSE Europe ETF
VGK
$92.1M
4
USHY icon
iShares Broad USD High Yield Corporate Bond ETF
USHY
$57.2M
5
BBJP icon
JPMorgan BetaBuilders Japan ETF
BBJP
$42.7M

Sector Composition

1 Materials 1.47%
2 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
SPSB icon
26
SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$8.42B
$6.42M 0.09% 205,085 -161,125 -44% -$5.04M
SPTL icon
27
SPDR Portfolio Long Term Treasury ETF
SPTL
$11.4B
$4.78M 0.06% 115,773 -3,385,712 -97% -$140M
SPY icon
28
SPDR S&P 500 ETF Trust
SPY
$658B
$2.28M 0.03% 5,314 +16 +0.3% +$6.85K
MLKN icon
29
MillerKnoll
MLKN
$1.43B
$5K ﹤0.01% +102 New +$5K
FALN icon
30
iShares Fallen Angels USD Bond ETF
FALN
$1.87B
– – -935,987 Closed -$27.4M
USHY icon
31
iShares Broad USD High Yield Corporate Bond ETF
USHY
$25.3B
– – -1,389,392 Closed -$57.2M
VWOB icon
32
Vanguard Emerging Markets Government Bond ETF
VWOB
$4.55B
– – -57,658 Closed -$4.47M
1
2