MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.31B
This Quarter Return
-12.38%
1 Year Return
+8.76%
3 Year Return
+28.77%
5 Year Return
+35.28%
10 Year Return
–
AUM
$5.42B
AUM Growth
+$5.42B
Cap. Flow
-$338M
Cap. Flow %
-6.24%
Top 10 Hldgs %
75.52%
Holding
39
New
11
Increased
7
Reduced
15
Closed
1

Top Buys

1
IPAC icon
iShares Core MSCI Pacific ETF
IPAC
$503M
2
ISVL icon
iShares International Developed Small Cap Value Factor ETF
ISVL
$130M
3
FLCA icon
Franklin FTSE Canada ETF
FLCA
$80.8M
4
QVMM icon
Invesco QQQ Trust Series 1
QVMM
$54.6M
5
QVMS icon
Invesco S&P SmallCap 600 QVM Multi-factor ETF
QVMS
$50M

Top Sells

1
BBJP icon
JPMorgan BetaBuilders Japan ETF
BBJP
$400M
2
SPTI icon
SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$215M
3
IVV icon
iShares Core S&P 500 ETF
IVV
$200M
4
SPTS icon
SPDR Portfolio Short Term Treasury ETF
SPTS
$197M
5
VGK icon
Vanguard FTSE Europe ETF
VGK
$81.4M

Sector Composition

1 Materials 0.33%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
IJR icon
26
iShares Core S&P Small-Cap ETF
IJR
$84.4B
$23.8M 0.44%
257,838
– –
XLE icon
27
Energy Select Sector SPDR Fund
XLE
$27.1B
$21.6M 0.4%
301,382
-113,804
-27% -$8.14M
GATO
28
DELISTED
Gatos Silver, Inc.
GATO
$17.8M 0.33%
6,205,259
– –
STIP icon
29
iShares 0-5 Year TIPS Bond ETF
STIP
$12.6B
$11.7M 0.22%
115,792
-3,754
-3% -$381K
XB icon
30
BondBloxx B-Rated USD High Yield Corporate Bond ETF
XB
$32.5M
$10.3M 0.19%
+266,860
New +$10.3M
GDXJ icon
31
VanEck Junior Gold Miners ETF
GDXJ
$6.91B
$8.96M 0.17%
+280,096
New +$8.96M
SPSB icon
32
SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$8.39B
$5.63M 0.1%
189,378
-10,838
-5% -$322K
XCCC icon
33
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF
XCCC
$177M
$4.67M 0.09%
+121,654
New +$4.67M
SGOV icon
34
iShares 0-3 Month Treasury Bond ETF
SGOV
$56B
$4.44M 0.08%
+44,355
New +$4.44M
SPIB icon
35
SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.7B
$4.18M 0.08%
128,195
-6,191
-5% -$202K
SPTL icon
36
SPDR Portfolio Long Term Treasury ETF
SPTL
$11.4B
$3.65M 0.07%
110,497
+23,324
+27% +$771K
HYBB icon
37
iShares BB Rated Corporate Bond ETF
HYBB
$282M
$1.94M 0.04%
43,756
-190,755
-81% -$8.44M
LEMB icon
38
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$390M
$1K ﹤0.01%
28
-1,232,161
-100% -$44M
BBJP icon
39
JPMorgan BetaBuilders Japan ETF
BBJP
$13.7B
– –
-7,890,638
Closed -$400M
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