We are live on ! Find out more
MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $9.05B
1-Year Est. Return 13.04%
This Fund
S&P 500
This Quarter Est. Return
+2.91%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.29B
AUM Growth
+$303M
Cap. Flow
+$280M
Cap. Flow %
21.78%
Top 10 Hldgs %
7.95%
Holding
1,672
New
768
Increased
659
Reduced
141
Closed
5

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$3.55M
2
STC icon
Stewart Information Services
STC
+$2.48M
3
PMC
PharMerica Corporation
PMC
+$2.33M
4
PTRY
PANTRY INC (THE)
PTRY
+$1.92M
5
SPTN
SpartanNash
SPTN
+$1.67M

Top Sells

Rank Stock Value
1
BFH icon
Bread Financial
BFH
+$3.15M
2
TSCO icon
Tractor Supply
TSCO
+$2.37M
3
MHK icon
Mohawk Industries
MHK
+$2.09M
4
HMA
HEALTH MGMT ASSOC INC CL-A
HMA
+$934K
5
LPS
LENDER PROCESSING SERVICES INC
LPS
+$875K

Sector Composition

Rank Sector Weight
1 Financials 14.34%
2 Industrials 13.9%
3 Technology 13.06%
4 Healthcare 10.79%
5 Consumer Discretionary 10.13%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
THO icon
501
Thor Industries
THO
$4.11B
$757K 0.06%
12,400
+200
+2% +$11.1K
FIX icon
502
Comfort Systems
FIX
$60.8B
$754K 0.06%
+49,500
New +$845K
INTU icon
503
Intuit
INTU
$98B
$754K 0.06%
9,700
+400
+4% +$30.5K
WSO icon
504
Watsco Inc
WSO
$12.9B
$749K 0.06%
7,500
+100
+1% +$9.65K
BEN icon
505
Franklin Resources
BEN
$17.2B
$748K 0.06%
13,800
– –
KMI icon
506
Kinder Morgan
KMI
$71.4B
$747K 0.06%
23,000
+1,900
+9% +$63.7K
FRX
507
DELISTED
FOREST LABORATORIES INC
FRX
$747K 0.06%
8,100
+300
+4% +$24.2K
BOH icon
508
Bank of Hawaii
BOH
$3.15B
$746K 0.06%
12,300
+100
+0.8% +$5.83K
LSTR icon
509
Landstar System
LSTR
$6.4B
$746K 0.06%
12,600
+100
+0.8% +$5.83K
LYV icon
510
Live Nation Entertainment
LYV
$43.3B
$746K 0.06%
+34,300
New +$745K
MMS icon
511
Maximus
MMS
$2.94B
$745K 0.06%
+16,600
New +$750K
SRE icon
512
Sempra
SRE
$56.5B
$745K 0.06%
15,400
+200
+1% +$9.3K
HNT
513
DELISTED
HEALTH NET INC
HNT
$745K 0.06%
21,900
+100
+0.5% +$3.28K
WST icon
514
West Pharmaceutical
WST
$24.4B
$744K 0.06%
+16,900
New +$796K
THG icon
515
Hanover Insurance
THG
$7.77B
$743K 0.06%
12,100
+100
+0.8% +$5.85K
VFC icon
516
VF Corp
VFC
$5.79B
$743K 0.06%
12,744
+425
+3% +$23.9K
M icon
517
Macy's
M
$6.27B
$741K 0.06%
12,500
-700
-5% -$38.9K
SMG icon
518
ScottsMiracle-Gro
SMG
$3.59B
$741K 0.06%
12,100
– –
PRXL
519
DELISTED
Parexel International Corp
PRXL
$741K 0.06%
+13,700
New +$702K
WLY icon
520
John Wiley & Sons Class A
WLY
$2.63B
$738K 0.06%
12,800
+100
+0.8% +$5.56K
DLX icon
521
Deluxe
DLX
$1.11B
$735K 0.06%
14,000
+200
+1% +$10.1K
TROW icon
522
T. Rowe Price
TROW
$23.7B
$733K 0.06%
8,900
+200
+2% +$16.2K
BDC icon
523
Belden
BDC
$5.36B
$731K 0.06%
+10,500
New +$729K
CW icon
524
Curtiss-Wright
CW
$25.4B
$731K 0.06%
+11,500
New +$728K
RJET
525
DELISTED
REPUBLIC AWYS HLDGS INC
RJET
$728K 0.06%
+79,600
New +$772K
19 20
21
22 23

Similar funds

VAS
Vestmark Advisory Solutions Wakefield, Massachusetts $9.02B AUM 20.58% 1-Year Est. Return
SFM
Soros Fund Management New York $9.12B AUM 30.69% 1-Year Est. Return
AI
Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return
PEA
Platinum Equity Advisors Beverly Hills, California $8.88B AUM 27.09% 1-Year Est. Return
SUT
SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return
MU
Mirova US Boston, Massachusetts $8.81B AUM 21.38% 1-Year Est. Return
WPL
WINDACRE PARTNERSHIP LLC Houston, Texas $9.34B AUM 17.41% 1-Year Est. Return
PVI
Partners Value Investments Hamilton, Bermuda $9.34B AUM 12.2% 1-Year Est. Return

Municipal Employees' Retirement System of Michigan's Q1 2014 Portfolio in Review

As of Q1 2014, Municipal Employees' Retirement System of Michigan held 1,672 positions worth $1.29B, up 31% from $982M the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $280M of net new capital in Q1 2014, opening 768 new positions and adding to 659 existing holdings. Its largest new stake was Meta Platforms (Facebook): 56,100 shares worth $3.38M.

By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 15% a quarter earlier, followed by Industrials and Technology.

On the sell side, the largest reduction was Bread Financial, an estimated $3.15M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2014 buy was Meta Platforms (Facebook): 56,100 shares worth $3.38M.
  • Municipal Employees' Retirement System of Michigan added most to Teradyne in Q1 2014, an estimated $899K increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2014 reduction was Bread Financial, cutting an estimated $3.15M.
  • Municipal Employees' Retirement System of Michigan fully exited HEALTH MGMT ASSOC INC CL-A in Q1 2014, selling an estimated $934K.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.9% of its $1.29B portfolio in Q1 2014.
  • Municipal Employees' Retirement System of Michigan opened 768 new positions and closed 5 in Q1 2014.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 31% quarter-over-quarter to $1.29B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2014, filed 13 May 2014.