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
-0.79%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$2.06B
AUM Growth
+$59.9M
Cap. Flow
+$109M
Cap. Flow %
5.3%
Top 10 Hldgs %
7.34%
Holding
1,705
New
30
Increased
821
Reduced
51
Closed
24

Top Buys

Rank Stock Value
1
NGL icon
NGL Energy Partners
NGL
+$6.75M
2
NS
NuStar Energy L.P.
NS
+$4.92M
3
BWP
Boardwalk Pipeline Partners
BWP
+$4.28M
4
GEL icon
Genesis Energy
GEL
+$4.04M
5
DM
Dominion Energy Midstream Ptr LP
DM
+$3.78M

Top Sells

Rank Stock Value
1
NKTR icon
Nektar Therapeutics
NKTR
+$4.72M
2
SIVB
SVB Financial Group
SIVB
+$3.65M
3
TTWO icon
Take-Two Interactive
TTWO
+$3.53M
4
AFAM
Almost Family Inc
AFAM
+$3.29M
5
HII icon
Huntington Ingalls Industries
HII
+$3.11M

Sector Composition

Rank Sector Weight
1 Financials 15.44%
2 Technology 13.93%
3 Industrials 13.78%
4 Healthcare 11.28%
5 Consumer Discretionary 9.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HCSG icon
626
Healthcare Services Group
HCSG
$1.45B
$995K 0.05%
22,890
-4,810
-17% -$235K
SAFM
627
DELISTED
Sanderson Farms Inc
SAFM
$994K 0.05%
8,350
– –
LHO
628
DELISTED
LaSalle Hotel Properties
LHO
$993K 0.05%
34,240
– –
SLP icon
629
Simulations Plus
SLP
$370M
$990K 0.05%
+67,110
New +$1.07M
UMBF icon
630
UMB Financial
UMBF
$11.5B
$990K 0.05%
13,680
+370
+3% +$27.7K
RRX icon
631
Regal Rexnord
RRX
$11.4B
$989K 0.05%
13,490
– –
RLI icon
632
RLI Corp
RLI
$5.87B
$986K 0.05%
31,100
+1,760
+6% +$54.4K
BSX icon
633
Boston Scientific
BSX
$74.9B
$984K 0.05%
36,020
+570
+2% +$15.5K
CPS icon
634
Cooper-Standard Automotive
CPS
$484M
$980K 0.05%
7,980
+430
+6% +$52.9K
JBGS
635
JBG SMITH
JBGS
$692M
$978K 0.05%
29,010
+770
+3% +$25.5K
ETFC
636
DELISTED
E*Trade Financial Corporation
ETFC
$978K 0.05%
17,650
– –
BYD icon
637
Boyd Gaming
BYD
$6.05B
$977K 0.05%
30,680
-5,640
-16% -$202K
BRSS
638
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
$976K 0.05%
29,190
– –
ITRI icon
639
Itron
ITRI
$4.5B
$975K 0.05%
13,630
+740
+6% +$53K
MGM icon
640
MGM Resorts International
MGM
$11.1B
$974K 0.05%
27,820
– –
PCH
641
DELISTED
PotlatchDeltic
PCH
$972K 0.05%
18,680
+6,400
+52% +$333K
TKR icon
642
Timken Company
TKR
$9.1B
$971K 0.05%
21,290
+570
+3% +$27.4K
WEN icon
643
Wendy's
WEN
$1.65B
$969K 0.05%
55,230
– –
FULT icon
644
Fulton Financial
FULT
$4.69B
$967K 0.05%
54,460
+1,550
+3% +$28.6K
ASPS icon
645
Altisource Portfolio Solutions
ASPS
$65.6M
$966K 0.05%
4,545
– –
CNX icon
646
CNX Resources
CNX
$5.23B
$966K 0.05%
62,620
– –
LAD icon
647
Lithia Motors
LAD
$8.32B
$965K 0.05%
9,600
+510
+6% +$57.7K
FHI icon
648
Federated Hermes
FHI
$4.74B
$963K 0.05%
28,840
– –
STT icon
649
State Street
STT
$52.2B
$963K 0.05%
9,660
– –
KHC icon
650
Kraft Heinz
KHC
$30.1B
$961K 0.05%
15,420
– –
24 25
26
27 28

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 2018 Portfolio in Review

As of Q1 2018, Municipal Employees' Retirement System of Michigan held 1,705 positions worth $2.06B, up 3% from $2B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $109M of net new capital in Q1 2018, opening 30 new positions and adding to 821 existing holdings. Its largest new stake was NGL Energy Partners: 490,740 shares worth $5.4M.

By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was Nektar Therapeutics, an estimated $4.72M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2018 buy was NGL Energy Partners: 490,740 shares worth $5.4M.
  • Municipal Employees' Retirement System of Michigan added most to NuStar Energy L.P. in Q1 2018, an estimated $4.92M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2018 reduction was Nektar Therapeutics, cutting an estimated $4.72M.
  • Municipal Employees' Retirement System of Michigan fully exited Bioverativ Inc. Common Stock in Q1 2018, selling an estimated $1.76M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.3% of its $2.06B portfolio in Q1 2018.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 24 in Q1 2018.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 3% quarter-over-quarter to $2.06B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2018, filed 10 May 2018.