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
+15.07%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.5B
AUM Growth
-$189M
Cap. Flow
-$393M
Cap. Flow %
-26.17%
Top 10 Hldgs %
7.14%
Holding
1,714
New
39
Increased
483
Reduced
919
Closed
31

Top Buys

Rank Stock Value
1
WES icon
Western Midstream Partners
WES
+$6.71M
2
ENLC
ENLINK MIDSTREAM, LLC
ENLC
+$6.31M
3
AM icon
Antero Midstream
AM
+$6.08M
4
CEQP
Crestwood Equity Partners LP
CEQP
+$1.53M
5
DCP
DCP Midstream, LP
DCP
+$1.51M

Top Sells

Rank Stock Value
1
ENB icon
Enbridge
ENB
+$12.5M
2
MSFT icon
Microsoft
MSFT
+$11M
3
AAPL icon
Apple
AAPL
+$10.6M
4
AMZN icon
Amazon
AMZN
+$9.05M
5
WES
Western Gas Partners Lp
WES
+$5.68M

Sector Composition

Rank Sector Weight
1 Financials 14.21%
2 Energy 13.82%
3 Technology 13.12%
4 Industrials 13.11%
5 Consumer Discretionary 10.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JBL icon
626
Jabil
JBL
$38.8B
$697K 0.05%
26,210
-10,630
-29% -$284K
BCO icon
627
Brink's
BCO
$4.72B
$696K 0.05%
9,230
-3,020
-25% -$224K
FFBC icon
628
First Financial Bancorp
FFBC
$3.6B
$696K 0.05%
28,920
+600
+2% +$15.6K
SCHW
629
Charles Schwab
SCHW
$190B
$696K 0.05%
16,270
-16,020
-50% -$723K
CONN
630
DELISTED
Conn's Inc.
CONN
$696K 0.05%
30,480
+7,150
+31% +$154K
TECD
631
DELISTED
Tech Data Corp
TECD
$696K 0.05%
6,800
-2,420
-26% -$237K
ACIW icon
632
ACI Worldwide
ACIW
$5.42B
$695K 0.05%
21,140
-6,680
-24% -$204K
CMTL icon
633
Comtech Telecommunications
CMTL
$52.7M
$695K 0.05%
29,900
+260
+0.9% +$6.44K
DE icon
634
Deere & Co
DE
$165B
$695K 0.05%
4,350
-4,250
-49% -$679K
LEN icon
635
Lennar Class A
LEN
$21.1B
$695K 0.05%
14,627
-3,998
-21% -$181K
PCSB
636
DELISTED
PCSB Financial Corporation
PCSB
$694K 0.05%
35,480
– –
CVGI icon
637
Commercial Vehicle Group
CVGI
$130M
$693K 0.05%
90,360
– –
SF
638
Stifel
SF
$12.9B
$693K 0.05%
29,543
-8,955
-23% -$203K
JILL icon
639
J. Jill
JILL
$283M
$692K 0.05%
+25,220
New +$644K
WTFC icon
640
Wintrust Financial
WTFC
$11B
$692K 0.05%
10,280
-3,270
-24% -$234K
ARI
641
Apollo Commercial Real Estate
ARI
$886M
$690K 0.05%
37,860
+840
+2% +$15.1K
EIX icon
642
Edison International
EIX
$27.2B
$688K 0.05%
11,120
-4,230
-28% -$252K
SAIA icon
643
Saia
SAIA
$10.1B
$688K 0.05%
11,260
+170
+2% +$10.5K
WDFC icon
644
WD-40
WDFC
$3.09B
$688K 0.05%
4,060
+50
+1% +$8.81K
TXNM
645
TXNM Energy Inc
TXNM
$5.91B
$687K 0.05%
14,520
-4,620
-24% -$202K
WWE
646
DELISTED
World Wrestling Entertainment
WWE
$686K 0.05%
7,910
-2,390
-23% -$201K
CHMI
647
Cherry Hill Mortgage Investment Corp
CHMI
$108M
$685K 0.05%
39,760
– –
GMED icon
648
Globus Medical
GMED
$11.5B
$685K 0.05%
13,860
-3,750
-21% -$170K
MSM icon
649
MSC Industrial Direct
MSM
$6.77B
$685K 0.05%
8,280
-2,790
-25% -$230K
JNPR
650
DELISTED
Juniper Networks
JNPR
$683K 0.05%
25,790
-5,180
-17% -$139K
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 2019 Portfolio in Review

As of Q1 2019, Municipal Employees' Retirement System of Michigan held 1,714 positions worth $1.5B, down 11% from $1.69B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $393M in Q1 2019, closing 31 positions and reducing 919 holdings. Its most notable exit was Enbridge, an estimated $12.5M position sold in full.

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

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Western Midstream Partners worth $6.63M.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2019 buy was Western Midstream Partners: 211,319 shares worth $6.63M.
  • Municipal Employees' Retirement System of Michigan added most to Crestwood Equity Partners LP in Q1 2019, an estimated $1.53M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2019 reduction was Microsoft, cutting an estimated $11M.
  • Municipal Employees' Retirement System of Michigan fully exited Enbridge in Q1 2019, selling an estimated $12.5M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.1% of its $1.5B portfolio in Q1 2019.
  • Municipal Employees' Retirement System of Michigan opened 39 new positions and closed 31 in Q1 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 11% quarter-over-quarter to $1.5B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2019, filed 15 May 2019.