MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.31B
This Quarter Return
+0.47%
1 Year Return
+8.76%
3 Year Return
+28.77%
5 Year Return
+35.28%
10 Year Return
–
AUM
$7.21B
AUM Growth
+$7.21B
Cap. Flow
-$591M
Cap. Flow %
-8.2%
Top 10 Hldgs %
67.97%
Holding
51
New
6
Increased
11
Reduced
12
Closed
2

Top Buys

1
IPAC icon
iShares Core MSCI Pacific ETF
IPAC
$105M
2
MTBA icon
Simplify MBS ETF
MTBA
$60.4M
3
VGK icon
Vanguard FTSE Europe ETF
VGK
$56.9M
4
SPTL icon
SPDR Portfolio Long Term Treasury ETF
SPTL
$31.1M
5
SPLG icon
SPDR Portfolio S&P 500 ETF
SPLG
$12.1M

Top Sells

1
IVV icon
iShares Core S&P 500 ETF
IVV
$247M
2
IEMG icon
iShares Core MSCI Emerging Markets ETF
IEMG
$169M
3
EWJV icon
iShares MSCI Japan Value ETF
EWJV
$101M
4
MBB icon
iShares MBS ETF
MBB
$91M
5
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
$55.1M

Sector Composition

1 Materials 0.9%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
BBAX icon
26
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$5.39B
$44M 0.61%
910,009
– –
XBB icon
27
BondBloxx BB-Rated USD High Yield Corporate Bond ETF
XBB
$316M
$40.2M 0.56%
1,007,952
+11,518
+1% +$459K
SPHY icon
28
SPDR Portfolio High Yield Bond ETF
SPHY
$9.08B
$34.3M 0.48%
1,475,743
-765,967
-34% -$17.8M
XFIV icon
29
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
XFIV
$181M
$34M 0.47%
704,064
– –
XLE icon
30
Energy Select Sector SPDR Fund
XLE
$27.1B
$24.8M 0.34%
272,548
-94,357
-26% -$8.6M
XHLF icon
31
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.91B
$22.5M 0.31%
448,334
+10,000
+2% +$503K
XTWO icon
32
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
XTWO
$137M
$20.4M 0.28%
416,558
– –
XTRE icon
33
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
XTRE
$177M
$19.6M 0.27%
402,313
– –
XSVN icon
34
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
XSVN
$132M
$19M 0.26%
403,857
– –
XTEN icon
35
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
XTEN
$728M
$18.5M 0.26%
403,452
– –
XTWY icon
36
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
$58.6M
$17.2M 0.24%
420,244
– –
SPLG icon
37
SPDR Portfolio S&P 500 ETF
SPLG
$83.4B
$12.1M 0.17%
+188,321
New +$12.1M
STIP icon
38
iShares 0-5 Year TIPS Bond ETF
STIP
$12.6B
$10.9M 0.15%
109,272
-87
-0.1% -$8.66K
XB icon
39
BondBloxx B-Rated USD High Yield Corporate Bond ETF
XB
$32.5M
$10.4M 0.14%
266,860
– –
SPDW icon
40
SPDR Portfolio Developed World ex-US ETF
SPDW
$28.9B
$9.37M 0.13%
+267,051
New +$9.37M
SPSB icon
41
SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$8.39B
$7.12M 0.1%
239,775
– –
MBB icon
42
iShares MBS ETF
MBB
$40.9B
$6.87M 0.1%
74,870
-991,441
-93% -$91M
SPIB icon
43
SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.7B
$5.06M 0.07%
155,260
+5,035
+3% +$164K
XCCC icon
44
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF
XCCC
$177M
$4.55M 0.06%
121,654
– –
SPEM icon
45
SPDR Portfolio Emerging Markets ETF
SPEM
$13.1B
$4.24M 0.06%
+112,456
New +$4.24M
IJR icon
46
iShares Core S&P Small-Cap ETF
IJR
$84.4B
$2.21M 0.03%
20,735
– –
HYBB icon
47
iShares BB Rated Corporate Bond ETF
HYBB
$282M
$1.61M 0.02%
35,071
+4,372
+14% +$201K
SPMD icon
48
SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$14.1B
$1.32M 0.02%
+25,664
New +$1.32M
SPSM icon
49
SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$12.4B
$664K 0.01%
+15,987
New +$664K
TUA icon
50
Simplify Short Term Treasury Futures Strategy ETF
TUA
$640M
– –
-634,568
Closed -$13.9M
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