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
CMI icon
576
Cummins
CMI
$87B
$693K 0.05%
5,000
-900
-15% -$127K
COR icon
577
Cencora
COR
$59.2B
$693K 0.05%
6,100
-1,700
-22% -$171K
LO
578
DELISTED
LORILLARD INC COM STK
LO
$693K 0.05%
10,600
-1,900
-15% -$126K
DBD
579
DELISTED
Diebold Nixdorf Incorporated
DBD
$691K 0.05%
19,500
-1,470
-7% -$49.5K
BBWI icon
580
Bath & Body Works
BBWI
$3.76B
$688K 0.05%
9,030
-1,485
-14% -$107K
POLY
581
DELISTED
Plantronics, Inc.
POLY
$688K 0.05%
13,000
-910
-7% -$46.6K
BRCM
582
DELISTED
BROADCOM CORP CL-A
BRCM
$688K 0.05%
15,900
-3,300
-17% -$144K
CAKE icon
583
Cheesecake Factory
CAKE
$5.57B
$686K 0.05%
13,900
-1,090
-7% -$55K
CBRL icon
584
Cracker Barrel
CBRL
$1.31B
$685K 0.05%
4,500
-1,600
-26% -$226K
ZTS icon
585
Zoetis
ZTS
$31.3B
$685K 0.05%
14,800
-2,500
-14% -$113K
AVB icon
586
AvalonBay Communities
AVB
$26.3B
$684K 0.05%
3,900
-300
-7% -$51.8K
OGS icon
587
ONE Gas
OGS
$5.09B
$683K 0.05%
15,800
-1,080
-6% -$46.2K
SHW icon
588
Sherwin-Williams
SHW
$87.8B
$683K 0.05%
7,200
-1,500
-17% -$140K
WM icon
589
Waste Management
WM
$89.6B
$683K 0.05%
12,600
-2,400
-16% -$128K
DVN icon
590
Devon Energy
DVN
$48.8B
$682K 0.05%
11,300
-2,000
-15% -$122K
BKH icon
591
Black Hills Corp
BKH
$5.64B
$681K 0.05%
13,500
-990
-7% -$49.9K
DG icon
592
Dollar General
DG
$26.9B
$678K 0.05%
9,000
-1,500
-14% -$106K
HCA icon
593
HCA Healthcare
HCA
$89.1B
$677K 0.05%
+9,000
New +$646K
WPX
594
DELISTED
WPX Energy, Inc.
WPX
$672K 0.05%
61,500
-4,390
-7% -$50.2K
APA icon
595
APA Corp
APA
$14B
$670K 0.05%
11,100
-2,200
-17% -$138K
TECD
596
DELISTED
Tech Data Corp
TECD
$670K 0.05%
11,600
-810
-7% -$47.4K
HSNI
597
DELISTED
HSN, Inc.
HSNI
$669K 0.05%
9,800
-730
-7% -$51.4K
PPL
598
PPL Corp
PPL
$26.8B
$668K 0.05%
21,044
-2,469
-11% -$79.3K
RDC
599
DELISTED
Rowan Companies Plc
RDC
$668K 0.05%
37,700
-2,720
-7% -$58K
CW icon
600
Curtiss-Wright
CW
$25.4B
$667K 0.05%
9,000
-3,300
-27% -$231K
22 23
24
25 26

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.