MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.31B
This Quarter Return
+4.69%
1 Year Return
+8.76%
3 Year Return
+28.77%
5 Year Return
+35.28%
10 Year Return
–
AUM
$6.49B
AUM Growth
+$6.49B
Cap. Flow
+$3.42M
Cap. Flow %
0.05%
Top 10 Hldgs %
63.92%
Holding
51
New
5
Increased
17
Reduced
13
Closed
2

Top Buys

1
SPHY icon
SPDR Portfolio High Yield Bond ETF
SPHY
$154M
2
IVV icon
iShares Core S&P 500 ETF
IVV
$151M
3
VGSH icon
Vanguard Short-Term Treasury ETF
VGSH
$140M
4
QVML icon
Invesco S&P 500 QVM Multi-factor ETF
QVML
$123M
5
EWJV icon
iShares MSCI Japan Value ETF
EWJV
$121M

Top Sells

1
IPAC icon
iShares Core MSCI Pacific ETF
IPAC
$393M
2
IEMG icon
iShares Core MSCI Emerging Markets ETF
IEMG
$152M
3
VGK icon
Vanguard FTSE Europe ETF
VGK
$97.2M
4
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$89.3M
5
SPTS icon
SPDR Portfolio Short Term Treasury ETF
SPTS
$84.2M

Sector Composition

1 Materials 0.62%
2 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
GATO
26
DELISTED
Gatos Silver, Inc.
GATO
$40.5M 0.62%
6,205,259
– –
XBB icon
27
BondBloxx BB-Rated USD High Yield Corporate Bond ETF
XBB
$315M
$39.6M 0.61%
996,434
– –
USHY icon
28
iShares Broad USD High Yield Corporate Bond ETF
USHY
$25.2B
$36M 0.55%
1,012,438
– –
XLE icon
29
Energy Select Sector SPDR Fund
XLE
$27B
$35.2M 0.54%
424,815
+94,535
+29% +$7.83M
XFIV icon
30
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
XFIV
$181M
$35.2M 0.54%
704,064
+300,661
+75% +$15M
XHLF icon
31
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.91B
$34.1M 0.53%
678,299
+278,274
+70% +$14M
MBB icon
32
iShares MBS ETF
MBB
$40.9B
$26.1M 0.4%
275,509
-260,086
-49% -$24.6M
IJR icon
33
iShares Core S&P Small-Cap ETF
IJR
$84.2B
$24.9M 0.38%
257,838
– –
XTWY icon
34
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
$58.6M
$20.5M 0.32%
420,244
+19,684
+5% +$960K
XSVN icon
35
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
XSVN
$132M
$20.1M 0.31%
403,857
– –
XTRE icon
36
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
XTRE
$177M
$20.1M 0.31%
402,313
– –
XTEN icon
37
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
XTEN
$729M
$20.1M 0.31%
403,452
– –
STIP icon
38
iShares 0-5 Year TIPS Bond ETF
STIP
$12.6B
$15.5M 0.24%
156,176
+40,016
+34% +$3.97M
VGLT icon
39
Vanguard Long-Term Treasury ETF
VGLT
$9.83B
$15.4M 0.24%
+235,081
New +$15.4M
XB icon
40
BondBloxx B-Rated USD High Yield Corporate Bond ETF
XB
$32.5M
$10.4M 0.16%
266,860
– –
GDXJ icon
41
VanEck Junior Gold Miners ETF
GDXJ
$6.88B
$9.25M 0.14%
234,159
-45,937
-16% -$1.81M
SPSB icon
42
SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$8.39B
$5.54M 0.09%
186,869
-2,509
-1% -$74.3K
HYG icon
43
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.7B
$5.1M 0.08%
67,440
-472,007
-87% -$35.7M
SPIB icon
44
SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.7B
$4.61M 0.07%
141,978
+19,985
+16% +$649K
XCCC icon
45
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF
XCCC
$177M
$4.57M 0.07%
121,654
– –
SPTL icon
46
SPDR Portfolio Long Term Treasury ETF
SPTL
$11.4B
$2.58M 0.04%
83,381
– –
SGOV icon
47
iShares 0-3 Month Treasury Bond ETF
SGOV
$56B
$2.21M 0.03%
21,994
-22,361
-50% -$2.25M
HYBB icon
48
iShares BB Rated Corporate Bond ETF
HYBB
$282M
$1.66M 0.03%
36,439
+1,948
+6% +$88.6K
MLKN icon
49
MillerKnoll
MLKN
$1.41B
$2K ﹤0.01%
+102
New +$2K
EBND icon
50
SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.05B
– –
-3,224,783
Closed -$66.3M
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