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
+5.45%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.85B
AUM Growth
+$356M
Cap. Flow
+$294M
Cap. Flow %
15.88%
Top 10 Hldgs %
6.88%
Holding
1,781
New
28
Increased
1,420
Reduced
173
Closed
96

Top Buys

Rank Stock Value
1
TEP
Tallgrass Energy Partners, LP
TEP
+$3.98M
2
BWP
Boardwalk Pipeline Partners
BWP
+$3.93M
3
RTX icon
RTX Corp
RTX
+$2.48M
4
HON icon
Honeywell
HON
+$2.48M
5
SBUX icon
Starbucks
SBUX
+$2.27M

Top Sells

Rank Stock Value
1
JAH
JARDEN CORPORATION
JAH
+$4.06M
2
AYI icon
Acuity Brands
AYI
+$3.3M
3
CNC icon
Centene
CNC
+$3.2M
4
LKQ icon
LKQ Corp
LKQ
+$3M
5
GPN icon
Global Payments
GPN
+$2.82M

Sector Composition

Rank Sector Weight
1 Financials 14.06%
2 Industrials 12.58%
3 Technology 12.24%
4 Healthcare 11.55%
5 Consumer Discretionary 9.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GATX icon
676
GATX Corp
GATX
$6.33B
$795K 0.04%
18,090
+4,060
+29% +$186K
NSC icon
677
Norfolk Southern
NSC
$75.9B
$795K 0.04%
9,340
+180
+2% +$15.3K
ISRG icon
678
Intuitive Surgical
ISRG
$142B
$794K 0.04%
10,800
-3,690
-25% -$260K
LNC icon
679
Lincoln National
LNC
$8.67B
$793K 0.04%
20,440
+7,420
+57% +$315K
SE
680
DELISTED
Spectra Energy Corp Wi
SE
$793K 0.04%
21,650
+1,030
+5% +$32.8K
FFIV icon
681
F5
FFIV
$23.6B
$792K 0.04%
6,960
+3,710
+114% +$399K
KEY icon
682
KeyCorp
KEY
$24.6B
$792K 0.04%
71,670
+28,040
+64% +$334K
AVB icon
683
AvalonBay Communities
AVB
$26.3B
$787K 0.04%
4,330
+110
+3% +$19.8K
CSX icon
684
CSX Corp
CSX
$92.9B
$787K 0.04%
90,540
-16,110
-15% -$140K
CVLT icon
685
Commault Systems
CVLT
$6.26B
$786K 0.04%
18,200
+4,200
+30% +$185K
EBAY icon
686
eBay
EBAY
$46.5B
$783K 0.04%
33,430
+40
+0.1% +$965
KMT icon
687
Kennametal
KMT
$2.32B
$780K 0.04%
35,260
+8,700
+33% +$205K
PXD
688
DELISTED
Pioneer Natural Resource Co.
PXD
$780K 0.04%
5,160
-230
-4% -$36.1K
TGI
689
DELISTED
Triumph Group
TGI
$778K 0.04%
21,910
+5,470
+33% +$198K
VTR icon
690
Ventas
VTR
$46.3B
$777K 0.04%
10,670
+350
+3% +$23.1K
PRFT
691
DELISTED
Perficient Inc
PRFT
$773K 0.04%
38,060
+19,040
+100% +$395K
MHO icon
692
M/I Homes
MHO
$3.9B
$772K 0.04%
41,030
+140
+0.3% +$2.64K
TSS
693
DELISTED
Total System Services, Inc.
TSS
$772K 0.04%
14,510
+1,470
+11% +$76.2K
DE icon
694
Deere & Co
DE
$165B
$769K 0.04%
9,420
+230
+3% +$18.9K
REX icon
695
REX American Resources
REX
$1.44B
$767K 0.04%
76,920
+51,420
+202% +$478K
TPH
696
DELISTED
Tri Pointe Homes
TPH
$762K 0.04%
64,430
+15,870
+33% +$186K
RAMP icon
697
LiveRamp
RAMP
$2.31B
$754K 0.04%
34,290
+8,370
+32% +$182K
J icon
698
Jacobs Solutions
J
$16.8B
$750K 0.04%
18,219
+7,012
+63% +$276K
OIS icon
699
Oil States International
OIS
$526M
$747K 0.04%
22,720
+5,570
+32% +$181K
AZO icon
700
AutoZone
AZO
$49.6B
$746K 0.04%
940
+20
+2% +$15.4K
26 27
28
29 30

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 Q2 2016 Portfolio in Review

As of Q2 2016, Municipal Employees' Retirement System of Michigan held 1,781 positions worth $1.85B, up 24% from $1.5B the previous quarter. Its ten largest holdings account for 6.9% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $294M of net new capital in Q2 2016, opening 28 new positions and adding to 1,420 existing holdings. Its largest new stake was Tallgrass Energy Partners, LP: 91,940 shares worth $4.23M.

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

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

  • Municipal Employees' Retirement System of Michigan's largest Q2 2016 buy was Tallgrass Energy Partners, LP: 91,940 shares worth $4.23M.
  • Municipal Employees' Retirement System of Michigan added most to RTX Corp in Q2 2016, an estimated $2.48M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2016 reduction was Acuity Brands, cutting an estimated $3.3M.
  • Municipal Employees' Retirement System of Michigan fully exited JARDEN CORPORATION in Q2 2016, selling an estimated $4.06M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 6.9% of its $1.85B portfolio in Q2 2016.
  • Municipal Employees' Retirement System of Michigan opened 28 new positions and closed 96 in Q2 2016.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 24% quarter-over-quarter to $1.85B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2016, filed 15 Aug 2016.