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
+4.8%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.89B
AUM Growth
-$120M
Cap. Flow
-$187M
Cap. Flow %
-9.87%
Top 10 Hldgs %
7.19%
Holding
1,702
New
25
Increased
615
Reduced
884
Closed
22

Top Buys

Rank Stock Value
1
HEP
Holly Energy Partners, L.P.
HEP
+$2.88M
2
DM
Dominion Energy Midstream Ptr LP
DM
+$2.77M
3
DD icon
DuPont de Nemours
DD
+$1.59M
4
KNX icon
Knight Transportation
KNX
+$1.46M
5
BTI icon
British American Tobacco
BTI
+$1.46M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$5.71M
2
RAI
Reynolds American Inc
RAI
+$4.54M
3
PMC
PharMerica Corporation
PMC
+$3.97M
4
RMD icon
ResMed
RMD
+$3.91M
5
MSFT icon
Microsoft
MSFT
+$3.88M

Sector Composition

Rank Sector Weight
1 Financials 15.82%
2 Industrials 14.57%
3 Technology 13.4%
4 Healthcare 11.44%
5 Consumer Discretionary 9.95%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ACIW icon
751
ACI Worldwide
ACIW
$5.42B
$813K 0.04%
35,700
-9,860
-22% -$223K
VIAV icon
752
Viavi Solutions
VIAV
$10.6B
$810K 0.04%
85,640
+31,270
+58% +$326K
ABG icon
753
Asbury Automotive
ABG
$3.78B
$809K 0.04%
13,240
+2,590
+24% +$143K
ZTS icon
754
Zoetis
ZTS
$31.3B
$808K 0.04%
12,680
-3,220
-20% -$202K
DY icon
755
Dycom Industries
DY
$12.3B
$807K 0.04%
9,400
-2,560
-21% -$216K
CHDN icon
756
Churchill Downs
CHDN
$6.2B
$806K 0.04%
23,460
-5,160
-18% -$165K
JEF icon
757
Jefferies Financial Group
JEF
$12.9B
$806K 0.04%
35,625
-2,458
-6% -$55.1K
FBNC icon
758
First Bancorp
FBNC
$2.74B
$805K 0.04%
23,380
– –
TITN icon
759
Titan Machinery
TITN
$420M
$804K 0.04%
51,780
– –
GOV
760
DELISTED
Government Properties Income Trust
GOV
$804K 0.04%
42,850
+19,280
+82% +$351K
PBH icon
761
Prestige Consumer Healthcare
PBH
$2.43B
$803K 0.04%
16,030
-4,410
-22% -$225K
IRBT
762
DELISTED
iRobot
IRBT
$802K 0.04%
10,410
+3,930
+61% +$360K
MMSI icon
763
Merit Medical Systems
MMSI
$5.4B
$799K 0.04%
18,870
+7,070
+60% +$285K
HELE icon
764
Helen of Troy
HELE
$699M
$797K 0.04%
8,230
-2,210
-21% -$213K
HSII
765
DELISTED
Heidrick & Struggles
HSII
$797K 0.04%
37,670
+2,600
+7% +$50.7K
LUV icon
766
Southwest Airlines
LUV
$22B
$797K 0.04%
14,230
-5,540
-28% -$311K
EDR
767
DELISTED
Education Realty Trust Inc
EDR
$795K 0.04%
22,140
-5,710
-21% -$219K
HST icon
768
Host Hotels & Resorts
HST
$15.6B
$794K 0.04%
42,890
-4,760
-10% -$86.6K
AZTA icon
769
Azenta
AZTA
$1.49B
$793K 0.04%
26,130
+9,720
+59% +$250K
UFI icon
770
UNIFI
UFI
$120M
$793K 0.04%
22,270
+2,770
+14% +$87.5K
MTH icon
771
Meritage Homes
MTH
$4.8B
$792K 0.04%
35,700
+10,640
+42% +$222K
PBI icon
772
Pitney Bowes
PBI
$2.28B
$791K 0.04%
56,460
-14,500
-20% -$199K
CBM
773
DELISTED
Cambrex Corporation
CBM
$791K 0.04%
14,380
+4,620
+47% +$254K
CEVA icon
774
CEVA Inc
CEVA
$855M
$790K 0.04%
18,450
+3,190
+21% +$138K
DBI icon
775
Designer Brands
DBI
$312M
$789K 0.04%
36,750
+11,460
+45% +$211K
29 30
31
32 33

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 Q3 2017 Portfolio in Review

As of Q3 2017, Municipal Employees' Retirement System of Michigan held 1,702 positions worth $1.89B, down 6% from $2.01B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $187M in Q3 2017, closing 22 positions and reducing 884 holdings. Its most notable exit was Reynolds American Inc, an estimated $4.54M position sold in full.

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

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Holly Energy Partners, L.P. worth $2.89M.

  • Municipal Employees' Retirement System of Michigan's largest Q3 2017 buy was Holly Energy Partners, L.P.: 86,570 shares worth $2.89M.
  • Municipal Employees' Retirement System of Michigan added most to DuPont de Nemours in Q3 2017, an estimated $1.59M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q3 2017 reduction was Apple, cutting an estimated $5.71M.
  • Municipal Employees' Retirement System of Michigan fully exited Reynolds American Inc in Q3 2017, selling an estimated $4.54M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.2% of its $1.89B portfolio in Q3 2017.
  • Municipal Employees' Retirement System of Michigan opened 25 new positions and closed 22 in Q3 2017.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 6% quarter-over-quarter to $1.89B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q3 2017, filed 6 Nov 2017.