MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.31B
This Quarter Return
+8.22%
1 Year Return
+8.76%
3 Year Return
+28.77%
5 Year Return
+35.28%
10 Year Return
–
AUM
$7.48B
AUM Growth
+$7.48B
Cap. Flow
-$287M
Cap. Flow %
-3.84%
Top 10 Hldgs %
61.23%
Holding
49
New
–
Increased
6
Reduced
7
Closed
3

Top Buys

1
RING icon
iShares MSCI Global Gold Miners ETF
RING
$12.9M
2
SPTL icon
SPDR Portfolio Long Term Treasury ETF
SPTL
$6.55M
3
PICK icon
iShares MSCI Global Metals & Mining Producers ETF
PICK
$4.84M
4
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$2.79M
5
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
$1.83M

Top Sells

1
IVV icon
iShares Core S&P 500 ETF
IVV
$177M
2
SPHY icon
SPDR Portfolio High Yield Bond ETF
SPHY
$67.1M
3
IEMG icon
iShares Core MSCI Emerging Markets ETF
IEMG
$25.6M
4
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
$20.6M
5
VGSH icon
Vanguard Short-Term Treasury ETF
VGSH
$12.3M

Sector Composition

1 Materials 0.54%
2 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
XHLF icon
26
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.92B
$86.1M 1.15% 1,714,155 – –
SPHY icon
27
SPDR Portfolio High Yield Bond ETF
SPHY
$9.12B
$74M 0.99% 3,162,996 -2,871,765 -48% -$67.1M
XTWO icon
28
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
XTWO
$138M
$56.6M 0.76% 1,144,713 – –
VGLT icon
29
Vanguard Long-Term Treasury ETF
VGLT
$9.84B
$50.8M 0.68% 825,127 – –
BBAX icon
30
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$5.46B
$45.1M 0.6% 910,009 – –
GATO
31
DELISTED
Gatos Silver, Inc.
GATO
$40.6M 0.54% 6,205,259 – –
XBB icon
32
BondBloxx BB-Rated USD High Yield Corporate Bond ETF
XBB
$317M
$39.9M 0.53% 996,434 – –
XFIV icon
33
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
XFIV
$182M
$34.6M 0.46% 704,064 – –
IJR icon
34
iShares Core S&P Small-Cap ETF
IJR
$85.2B
$28.9M 0.39% 266,718 +8,880 +3% +$961K
XTRE icon
35
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
XTRE
$177M
$19.9M 0.27% 402,313 – –
XLE icon
36
Energy Select Sector SPDR Fund
XLE
$27.6B
$19.8M 0.26% 236,302 -96,503 -29% -$8.09M
XSVN icon
37
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
XSVN
$133M
$19.5M 0.26% 403,857 – –
XTEN icon
38
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
XTEN
$730M
$19.3M 0.26% 403,452 – –
XTWY icon
39
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
$58.5M
$18.9M 0.25% 420,244 – –
STIP icon
40
iShares 0-5 Year TIPS Bond ETF
STIP
$12.7B
$10.7M 0.14% 108,346 -63,910 -37% -$6.3M
XB icon
41
BondBloxx B-Rated USD High Yield Corporate Bond ETF
XB
$32.8M
$10.5M 0.14% 266,860 – –
GDXJ icon
42
VanEck Junior Gold Miners ETF
GDXJ
$6.6B
$8.88M 0.12% 234,159 – –
SPSB icon
43
SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$8.42B
$7.14M 0.1% 239,775 – –
SPIB icon
44
SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.7B
$4.83M 0.06% 147,168 – –
XCCC icon
45
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF
XCCC
$178M
$4.7M 0.06% 121,654 – –
HYBB icon
46
iShares BB Rated Corporate Bond ETF
HYBB
$283M
$1.41M 0.02% 30,699 – –
LEMB icon
47
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$391M
– – -28 Closed -$1K
MLKN icon
48
MillerKnoll
MLKN
$1.43B
– – -102 Closed -$2K
TLT icon
49
iShares 20+ Year Treasury Bond ETF
TLT
$47.8B
– – -232,776 Closed -$20.6M
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