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
SXT icon
851
Sensient Technologies
SXT
$5.53B
$523K 0.03%
7,710
-2,450
-24% -$154K
OPI
852
DELISTED
Office Properties Income Trust
OPI
$522K 0.03%
+18,914
New +$573K
CIVI
853
DELISTED
Civitas Resources
CIVI
$521K 0.03%
22,930
+3,380
+17% +$77.9K
ENR icon
854
Energizer
ENR
$1.55B
$521K 0.03%
11,590
-2,770
-19% -$128K
TDS icon
855
Telephone and Data Systems
TDS
$4.03B
$521K 0.03%
16,950
-5,180
-23% -$176K
PRSP
856
DELISTED
Perspecta Inc. Common Stock
PRSP
$521K 0.03%
25,790
-8,460
-25% -$170K
SCL icon
857
Stepan Co
SCL
$1.48B
$520K 0.03%
5,940
+80
+1% +$6.94K
SCSC icon
858
Scansource
SCSC
$1.06B
$520K 0.03%
14,530
+110
+0.8% +$4.11K
ALSK
859
DELISTED
Alaska Communications Systems
ALSK
$520K 0.03%
270,590
– –
MINI
860
DELISTED
Mobile Mini Inc
MINI
$519K 0.03%
15,290
+180
+1% +$6.39K
DENN
861
DELISTED
Denny's
DENN
$518K 0.03%
28,210
– –
SRI icon
862
Stoneridge
SRI
$201M
$517K 0.03%
17,930
– –
AFL icon
863
Aflac
AFL
$60.7B
$516K 0.03%
10,310
-10,110
-50% -$487K
AIG icon
864
American International
AIG
$39.8B
$516K 0.03%
11,980
-11,820
-50% -$505K
ENOV icon
865
Enovis
ENOV
$1.48B
$516K 0.03%
+10,098
New +$443K
PMT
866
PennyMac Mortgage Investment
PMT
$828M
$516K 0.03%
24,880
+7,250
+41% +$146K
MATV icon
867
Mativ Holdings
MATV
$667M
$515K 0.03%
13,320
+120
+0.9% +$4.09K
RGNX icon
868
Regenxbio
RGNX
$704M
$515K 0.03%
8,990
+490
+6% +$24.3K
KMI icon
869
Kinder Morgan
KMI
$71.4B
$514K 0.03%
25,690
-25,270
-50% -$472K
VTOL icon
870
Bristow Group
VTOL
$1.38B
$514K 0.03%
22,255
+19,350
+666% +$408K
ENS icon
871
EnerSys
ENS
$7.2B
$513K 0.03%
7,870
-2,250
-22% -$170K
GPRE icon
872
Green Plains
GPRE
$1.09B
$513K 0.03%
30,730
– –
PLOW icon
873
Douglas Dynamics
PLOW
$967M
$513K 0.03%
13,480
– –
CSGS
874
DELISTED
CSG Systems International
CSGS
$512K 0.03%
12,120
+80
+0.7% +$3.09K
CXO
875
DELISTED
CONCHO RESOURCES INC.
CXO
$512K 0.03%
4,610
-2,640
-36% -$298K
33 34
35
36 37

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.