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
UBSI icon
651
United Bankshares
UBSI
$6.68B
$682K 0.05%
18,810
-6,140
-25% -$221K
AEO icon
652
American Eagle Outfitters
AEO
$2.73B
$681K 0.05%
30,720
-9,770
-24% -$201K
PBF icon
653
PBF Energy
PBF
$8.81B
$681K 0.05%
21,860
-6,940
-24% -$233K
CCS icon
654
Century Communities
CCS
$2.04B
$680K 0.05%
28,360
– –
SJM icon
655
J.M. Smucker
SJM
$12.9B
$680K 0.05%
5,840
-1,520
-21% -$159K
RAMP icon
656
LiveRamp
RAMP
$2.31B
$677K 0.05%
12,400
-6,220
-33% -$308K
AIT icon
657
Applied Industrial Technologies
AIT
$13.2B
$676K 0.05%
11,360
+160
+1% +$9.28K
HUBG icon
658
HUB Group
HUBG
$2.55B
$676K 0.05%
33,100
+560
+2% +$11.9K
IPG
659
DELISTED
Interpublic Group of Companies
IPG
$676K 0.05%
32,160
-4,990
-13% -$111K
RGEN icon
660
Repligen
RGEN
$9.45B
$676K 0.05%
11,440
+160
+1% +$9.2K
BCC icon
661
Boise Cascade
BCC
$2.94B
$673K 0.04%
25,160
+160
+0.6% +$4.31K
VAC icon
662
Marriott Vacations Worldwide
VAC
$4.17B
$673K 0.04%
7,195
-2,650
-27% -$238K
ALRM icon
663
Alarm.com
ALRM
$2.74B
$671K 0.04%
10,340
+270
+3% +$16.4K
ELME
664
Elme Communities
ELME
$144M
$667K 0.04%
+23,500
New +$612K
CLH icon
665
Clean Harbors
CLH
$16.9B
$665K 0.04%
9,290
-2,980
-24% -$184K
HF
666
DELISTED
HFF Inc.
HF
$663K 0.04%
13,890
+230
+2% +$9.77K
UMPQ
667
DELISTED
Umpqua Holdings Corp
UMPQ
$662K 0.04%
40,150
-12,770
-24% -$225K
MSA icon
668
Mine Safety
MSA
$7.32B
$660K 0.04%
6,380
-2,030
-24% -$204K
SLCA
669
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
$660K 0.04%
38,040
-910
-2% -$13K
GM icon
670
General Motors
GM
$75.8B
$659K 0.04%
17,770
-17,310
-49% -$657K
THS
671
DELISTED
Treehouse Foods
THS
$659K 0.04%
10,210
-3,310
-24% -$195K
AAN.A
672
DELISTED
The Aaron's Company Inc Class A
AAN.A
$658K 0.04%
12,510
-3,920
-24% -$206K
AMED
673
DELISTED
Amedisys
AMED
$657K 0.04%
5,330
-3,050
-36% -$383K
MANH icon
674
Manhattan Associates
MANH
$11.7B
$657K 0.04%
11,920
-3,740
-24% -$191K
ANH
675
DELISTED
Anworth Mortgage Asset Corporation
ANH
$656K 0.04%
162,450
– –
25 26
27
28 29

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.