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
+5.43%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$3.09B
AUM Growth
+$474M
Cap. Flow
+$340M
Cap. Flow %
10.99%
Top 10 Hldgs %
39.72%
Holding
1,708
New
30
Increased
1,089
Reduced
188
Closed
43

Top Buys

Rank Stock Value
1
SPTS icon
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
+$117M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$115M
3
SPTI icon
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
+$110M
4
SPTL icon
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
+$67.9M
5
VGIT icon
Vanguard Intermediate-Term Treasury ETF
VGIT
+$59.9M

Top Sells

Rank Stock Value
1
PYPL icon
PayPal
PYPL
+$3.3M
2
AVGO icon
Broadcom
AVGO
+$3.25M
3
ALLE icon
Allegion
ALLE
+$2.17M
4
NVR icon
NVR
NVR
+$2.15M
5
TMO icon
Thermo Fisher Scientific
TMO
+$2.01M

Sector Composition

Rank Sector Weight
1 Financials 8.41%
2 Technology 7.42%
3 Industrials 6.44%
4 Healthcare 5.36%
5 Consumer Discretionary 5.05%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FFBC icon
576
First Financial Bancorp
FFBC
$3.6B
$768K 0.02%
30,170
+600
+2% +$14.6K
IART icon
577
Integra LifeSciences
IART
$1.42B
$768K 0.02%
13,170
+150
+1% +$8.93K
ABM icon
578
ABM Industries
ABM
$2.82B
$767K 0.02%
20,330
+400
+2% +$14.9K
NOC icon
579
Northrop Grumman
NOC
$81.6B
$767K 0.02%
2,230
-2,440
-52% -$858K
COR
580
DELISTED
Coresite Realty Corporation
COR
$767K 0.02%
6,840
+70
+1% +$8.09K
JCAP
581
DELISTED
Jernigan Capital, Inc.
JCAP
$767K 0.02%
40,090
– –
MUR icon
582
Murphy Oil
MUR
$4.99B
$766K 0.02%
28,590
+310
+1% +$7.11K
SWX icon
583
Southwest Gas
SWX
$6.67B
$766K 0.02%
10,080
+90
+0.9% +$7.32K
FNB icon
584
FNB Corp
FNB
$6.88B
$765K 0.02%
60,260
+660
+1% +$8.09K
ROCC
585
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
$765K 0.02%
25,210
+110
+0.4% +$2.93K
AVP
586
DELISTED
Avon Products, Inc.
AVP
$765K 0.02%
135,680
+2,170
+2% +$10.1K
ALK icon
587
Alaska Air
ALK
$5.3B
$764K 0.02%
11,280
+9,550
+552% +$652K
CAH icon
588
Cardinal Health
CAH
$53.8B
$764K 0.02%
15,100
+10,970
+266% +$567K
REX icon
589
REX American Resources
REX
$1.44B
$760K 0.02%
55,680
– –
WEN icon
590
Wendy's
WEN
$1.65B
$760K 0.02%
34,220
+370
+1% +$7.85K
CWT icon
591
California Water Service
CWT
$3.1B
$759K 0.02%
14,730
+290
+2% +$15.1K
THO icon
592
Thor Industries
THO
$4.11B
$759K 0.02%
10,210
+110
+1% +$7.09K
CIVI
593
DELISTED
Civitas Resources
CIVI
$755K 0.02%
32,330
– –
HI
594
DELISTED
Hillenbrand
HI
$755K 0.02%
22,660
+3,800
+20% +$120K
ALXN
595
DELISTED
Alexion Pharmaceuticals
ALXN
$752K 0.02%
6,950
+3,800
+121% +$406K
NOW icon
596
ServiceNow
NOW
$132B
$751K 0.02%
+13,300
New +$701K
SBRA icon
597
Sabra Healthcare REIT
SBRA
$5.15B
$750K 0.02%
35,150
+380
+1% +$8.51K
TXNM
598
TXNM Energy Inc
TXNM
$5.91B
$749K 0.02%
14,780
+170
+1% +$8.53K
VVV icon
599
Valvoline
VVV
$4.31B
$747K 0.02%
34,907
+380
+1% +$8.38K
UCB
600
United Community Banks
UCB
$4.43B
$747K 0.02%
24,200
+470
+2% +$14.2K
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 Q4 2019 Portfolio in Review

As of Q4 2019, Municipal Employees' Retirement System of Michigan held 1,708 positions worth $3.09B, up 18% from $2.62B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $340M of net new capital in Q4 2019, opening 30 new positions and adding to 1,089 existing holdings. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 3,892,251 shares worth $117M.

By sector, the portfolio is most concentrated in Financials at 8.4% of assets, down from 8.8% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was PayPal, an estimated $3.3M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q4 2019 buy was State Street SPDR Portfolio Short Term Treasury ETF: 3,892,251 shares worth $117M.
  • Municipal Employees' Retirement System of Michigan added most to iShares Core S&P 500 ETF in Q4 2019, an estimated $115M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q4 2019 reduction was PayPal, cutting an estimated $3.3M.
  • Municipal Employees' Retirement System of Michigan fully exited Genesee & Wyoming Inc. in Q4 2019, selling an estimated $1.15M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 40% of its $3.09B portfolio in Q4 2019.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 43 in Q4 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 18% quarter-over-quarter to $3.09B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q4 2019, filed 3 Feb 2020.