MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.31B
This Quarter Return
+5.85%
1 Year Return
+8.76%
3 Year Return
+28.77%
5 Year Return
+35.28%
10 Year Return
–
AUM
$7.58B
AUM Growth
+$7.58B
Cap. Flow
-$43.6M
Cap. Flow %
-0.57%
Top 10 Hldgs %
67.66%
Holding
49
New
–
Increased
20
Reduced
9
Closed
–

Top Buys

1
MTBA icon
Simplify MBS ETF
MTBA
$99.9M
2
XEMD icon
BondBloxx JPMorgan USD Emerging Markets 1-10 Year Bond ETF
XEMD
$5.36M
3
XLE icon
Energy Select Sector SPDR Fund
XLE
$3.4M
4
QVML icon
Invesco S&P 500 QVM Multi-factor ETF
QVML
$2.88M
5
XBB icon
BondBloxx BB-Rated USD High Yield Corporate Bond ETF
XBB
$1.23M

Top Sells

1
RING icon
iShares MSCI Global Gold Miners ETF
RING
$56.2M
2
BBEU icon
JPMorgan BetaBuilders Europe ETF
BBEU
$40.8M
3
EMHC icon
SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$39.9M
4
IVV icon
iShares Core S&P 500 ETF
IVV
$20.1M
5
SPHY icon
SPDR Portfolio High Yield Bond ETF
SPHY
$5.71M

Sector Composition

1 Materials 1.23%
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
$49.2M 0.65%
910,009
– –
XBB icon
27
BondBloxx BB-Rated USD High Yield Corporate Bond ETF
XBB
$316M
$42.7M 0.56%
1,037,817
+29,865
+3% +$1.23M
XFIV icon
28
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
XFIV
$181M
$35.2M 0.46%
704,064
– –
SPHY icon
29
SPDR Portfolio High Yield Bond ETF
SPHY
$9.08B
$29.8M 0.39%
1,238,276
-237,467
-16% -$5.71M
XLE icon
30
Energy Select Sector SPDR Fund
XLE
$27.1B
$27.3M 0.36%
311,228
+38,680
+14% +$3.4M
XHLF icon
31
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.91B
$22.6M 0.3%
448,334
– –
XTWO icon
32
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
XTWO
$137M
$20.8M 0.27%
416,558
– –
XTRE icon
33
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
XTRE
$177M
$20.1M 0.27%
402,313
– –
XSVN icon
34
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
XSVN
$132M
$19.8M 0.26%
403,857
– –
XTEN icon
35
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
XTEN
$728M
$19.5M 0.26%
403,452
– –
XTWY icon
36
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
$58.6M
$18.5M 0.24%
420,244
– –
SPLG icon
37
SPDR Portfolio S&P 500 ETF
SPLG
$83.4B
$12.7M 0.17%
188,205
-116
-0.1% -$7.83K
STIP icon
38
iShares 0-5 Year TIPS Bond ETF
STIP
$12.6B
$12.2M 0.16%
120,426
+11,154
+10% +$1.13M
XB icon
39
BondBloxx B-Rated USD High Yield Corporate Bond ETF
XB
$32.5M
$10.7M 0.14%
266,860
– –
SPDW icon
40
SPDR Portfolio Developed World ex-US ETF
SPDW
$28.9B
$10.4M 0.14%
276,169
+9,118
+3% +$342K
SPSB icon
41
SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$8.39B
$7.86M 0.1%
259,709
+19,934
+8% +$604K
MBB icon
42
iShares MBS ETF
MBB
$40.9B
$7.67M 0.1%
80,099
+5,229
+7% +$501K
SPIB icon
43
SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.7B
$5.36M 0.07%
159,059
+3,799
+2% +$128K
XCCC icon
44
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF
XCCC
$177M
$4.84M 0.06%
121,654
– –
SPEM icon
45
SPDR Portfolio Emerging Markets ETF
SPEM
$13.1B
$4.54M 0.06%
110,056
-2,400
-2% -$99.1K
IJR icon
46
iShares Core S&P Small-Cap ETF
IJR
$84.4B
$2.43M 0.03%
20,736
+1
+0% +$117
SPMD icon
47
SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$14.1B
$1.47M 0.02%
26,947
+1,283
+5% +$70.1K
HYBB icon
48
iShares BB Rated Corporate Bond ETF
HYBB
$282M
$1.35M 0.02%
28,510
-6,561
-19% -$311K
SPSM icon
49
SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$12.4B
$757K 0.01%
16,642
+655
+4% +$29.8K
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