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
CADE
651
DELISTED
Cadence Bancorporation
CADE
$714K 0.02%
39,390
+770
+2% +$12.9K
DIOD icon
652
Diodes
DIOD
$4.48B
$713K 0.02%
12,640
+410
+3% +$19K
ANGO icon
653
AngioDynamics
ANGO
$647M
$712K 0.02%
44,490
+250
+0.6% +$3.82K
MRCY icon
654
Mercury Systems
MRCY
$6.59B
$711K 0.02%
10,290
-6,350
-38% -$457K
AGM icon
655
Federal Agricultural Mortgage
AGM
$2.51B
$709K 0.02%
8,490
– –
ROG icon
656
Rogers Corp
ROG
$2.46B
$708K 0.02%
5,680
+110
+2% +$14.9K
SIVB
657
DELISTED
SVB Financial Group
SIVB
$708K 0.02%
2,820
– –
EXP icon
658
Eagle Materials
EXP
$6.41B
$706K 0.02%
7,790
+80
+1% +$7.33K
HAL icon
659
Halliburton
HAL
$27.4B
$706K 0.02%
28,850
-4,220
-13% -$89K
AMD icon
660
Advanced Micro Devices
AMD
$789B
$705K 0.02%
15,380
+2,930
+24% +$108K
SLM icon
661
SLM Corp
SLM
$5.22B
$705K 0.02%
79,130
+870
+1% +$7.56K
AON icon
662
Aon
AON
$75.7B
$704K 0.02%
3,380
– –
EQIX icon
663
Equinix
EQIX
$106B
$704K 0.02%
1,206
+30
+3% +$16.9K
FBP icon
664
First Bancorp
FBP
$4.49B
$704K 0.02%
66,510
+1,310
+2% +$13.7K
ALGT icon
665
Allegiant Air
ALGT
$2.36B
$703K 0.02%
4,040
+80
+2% +$13.2K
NKTR icon
666
Nektar Therapeutics
NKTR
$2.57B
$702K 0.02%
2,167
+1,828
+539% +$530K
WRI
667
DELISTED
Weingarten Realty Investors
WRI
$701K 0.02%
22,430
+240
+1% +$7.34K
MEDP icon
668
Medpace
MEDP
$16.2B
$698K 0.02%
8,300
+160
+2% +$12.4K
VSEC icon
669
VSE Corp
VSEC
$6.48B
$698K 0.02%
18,350
– –
ENSG icon
670
The Ensign Group
ENSG
$10.6B
$697K 0.02%
15,360
-686
-4% -$28.9K
EFOR
671
Everforth Inc
EFOR
$1.37B
$696K 0.02%
9,810
+100
+1% +$6.53K
DFIN icon
672
Donnelley Financial Solutions
DFIN
$1.22B
$695K 0.02%
66,340
– –
CLF icon
673
Cleveland-Cliffs
CLF
$6.93B
$694K 0.02%
+82,640
New +$635K
EBF icon
674
Ennis
EBF
$559M
$694K 0.02%
32,050
– –
FLIR
675
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
$693K 0.02%
13,300
+11,440
+615% +$606K
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 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.