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
+3.76%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.3B
AUM Growth
-$172M
Cap. Flow
-$203M
Cap. Flow %
-15.65%
Top 10 Hldgs %
7.4%
Holding
1,685
New
30
Increased
36
Reduced
1,443
Closed
27

Top Buys

Rank Stock Value
1
QRVO icon
Qorvo
QRVO
+$3.15M
2
ENTA icon
Enanta Pharmaceuticals
ENTA
+$1.34M
3
BMS
Bemis
BMS
+$1.24M
4
KMI icon
Kinder Morgan
KMI
+$1.12M
5
DAN icon
Dana Inc
DAN
+$1.11M

Top Sells

Rank Stock Value
1
SWKS icon
Skyworks Solutions
SWKS
+$4.76M
2
AAPL icon
Apple
AAPL
+$4.28M
3
ENDP
Endo International plc
ENDP
+$3.74M
4
CBST
CUBIST PHARMACEUTICALS INC
CBST
+$2.48M
5
AGN
Allergan Inc
AGN
+$2.19M

Sector Composition

Rank Sector Weight
1 Financials 13.9%
2 Technology 13.85%
3 Industrials 13.45%
4 Healthcare 11.91%
5 Consumer Discretionary 11.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PXD
551
DELISTED
Pioneer Natural Resource Co.
PXD
$720K 0.06%
4,400
-500
-10% -$76.8K
SCMP
552
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
$719K 0.06%
+46,230
New +$717K
AMWD
553
DELISTED
American Woodmark
AMWD
$717K 0.06%
13,100
-700
-5% -$32.1K
SE
554
DELISTED
Spectra Energy Corp Wi
SE
$716K 0.06%
19,800
-3,400
-15% -$119K
PRXL
555
DELISTED
Parexel International Corp
PRXL
$711K 0.05%
10,300
-3,610
-26% -$230K
MENT
556
DELISTED
Mentor Graphics Corp
MENT
$711K 0.05%
29,600
-1,780
-6% -$41.7K
LPX icon
557
Louisiana-Pacific
LPX
$5.18B
$710K 0.05%
43,000
-2,920
-6% -$48.1K
MANH icon
558
Manhattan Associates
MANH
$11.7B
$709K 0.05%
14,000
-5,400
-28% -$260K
SUP
559
DELISTED
Superior Industries International
SUP
$709K 0.05%
37,100
-1,500
-4% -$28.5K
AMP icon
560
Ameriprise Financial
AMP
$50.4B
$707K 0.05%
5,400
-1,200
-18% -$158K
CRC
561
DELISTED
California Resources Corporation
CRC
$705K 0.05%
9,250
+8,162
+750% +$499K
TXNM
562
TXNM Energy Inc
TXNM
$5.91B
$704K 0.05%
24,100
-1,770
-7% -$51.5K
JBSS icon
563
John B. Sanfilippo & Son
JBSS
$1.01B
$703K 0.05%
16,300
– –
APTV icon
564
Aptiv
APTV
$10.2B
$702K 0.05%
8,800
-700
-7% -$52.6K
CB
565
DELISTED
CHUBB CORPORATION
CB
$702K 0.05%
6,900
-1,600
-19% -$162K
DNOW icon
566
DNOW Inc
DNOW
$2.95B
$701K 0.05%
32,400
-2,360
-7% -$54.9K
JACK icon
567
Jack in the Box
JACK
$358M
$700K 0.05%
7,300
-2,900
-28% -$263K
THOR
568
DELISTED
THORATEC CORPORATION
THOR
$700K 0.05%
16,700
-1,580
-9% -$60.3K
FULT icon
569
Fulton Financial
FULT
$4.69B
$697K 0.05%
56,100
-4,860
-8% -$58.2K
CVG
570
DELISTED
Convergys
CVG
$697K 0.05%
30,400
-2,430
-7% -$51.4K
BSX icon
571
Boston Scientific
BSX
$74.9B
$696K 0.05%
39,200
-6,600
-14% -$104K
PRGO icon
572
Perrigo
PRGO
$1.78B
$695K 0.05%
4,200
-400
-9% -$63.8K
AVNS
573
DELISTED
Avanos Medical
AVNS
$694K 0.05%
14,100
-2,677
-16% -$124K
IP icon
574
International Paper
IP
$21.8B
$694K 0.05%
13,200
-2,640
-17% -$137K
VTR icon
575
Ventas
VTR
$46.3B
$694K 0.05%
8,319
-613
-7% -$52.8K
21 22
23
24 25

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 2015 Portfolio in Review

As of Q1 2015, Municipal Employees' Retirement System of Michigan held 1,685 positions worth $1.3B, down 12% from $1.47B the previous quarter. Its ten largest holdings account for 7.4% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $203M in Q1 2015, closing 27 positions and reducing 1,443 holdings. Its most notable exit was CUBIST PHARMACEUTICALS INC, an estimated $2.48M position sold in full.

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

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Qorvo worth $3.52M.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2015 buy was Qorvo: 44,200 shares worth $3.52M.
  • Municipal Employees' Retirement System of Michigan added most to Bemis in Q1 2015, an estimated $1.24M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2015 reduction was Skyworks Solutions, cutting an estimated $4.76M.
  • Municipal Employees' Retirement System of Michigan fully exited CUBIST PHARMACEUTICALS INC in Q1 2015, selling an estimated $2.48M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.4% of its $1.3B portfolio in Q1 2015.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 27 in Q1 2015.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 12% quarter-over-quarter to $1.3B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2015, filed 8 May 2015.