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
+5.85%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.9B
AUM Growth
-$155M
Cap. Flow
-$238M
Cap. Flow %
-12.51%
Top 10 Hldgs %
8.43%
Holding
1,705
New
24
Increased
288
Reduced
1,098
Closed
22

Top Buys

Rank Stock Value
1
NFLX icon
Netflix
NFLX
+$3.72M
2
BKNG icon
Booking.com
BKNG
+$3.14M
3
GL icon
Globe Life
GL
+$2.41M
4
ECL icon
Ecolab
ECL
+$2.14M
5
AME icon
Ametek
AME
+$1.92M

Top Sells

Rank Stock Value
1
ABMD
Abiomed Inc
ABMD
+$4.33M
2
MSCI icon
MSCI
MSCI
+$4.04M
3
BR icon
Broadridge
BR
+$3.74M
4
DINO icon
HF Sinclair
DINO
+$3.36M
5
RTX icon
RTX Corp
RTX
+$3.11M

Sector Composition

Rank Sector Weight
1 Financials 15.06%
2 Technology 13.61%
3 Industrials 12.59%
4 Healthcare 10.77%
5 Consumer Discretionary 10.39%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GVA icon
926
Granite Construction
GVA
$5.41B
$593K 0.03%
10,650
-1,400
-12% -$79.1K
SMCI icon
927
Super Micro Computer
SMCI
$25.3B
$593K 0.03%
250,700
-18,900
-7% -$41.3K
AWR icon
928
American States Water
AWR
$3.52B
$592K 0.03%
10,360
-5,940
-36% -$329K
HVT icon
929
Haverty Furniture Companies
HVT
$450M
$592K 0.03%
27,400
-810
-3% -$16.2K
PAY
930
DELISTED
Verifone Systems Inc
PAY
$592K 0.03%
25,950
-7,880
-23% -$174K
KBR icon
931
KBR
KBR
$4.81B
$591K 0.03%
32,960
-9,350
-22% -$163K
OII icon
932
Oceaneering
OII
$5.11B
$588K 0.03%
23,090
-6,630
-22% -$148K
XRX icon
933
Xerox
XRX
$412M
$588K 0.03%
24,497
+9,400
+62% +$266K
DHX icon
934
DHI Group
DHX
$174M
$587K 0.03%
249,620
-4,490
-2% -$9.09K
EBS icon
935
Emergent Biosolutions
EBS
$230M
$587K 0.03%
11,640
-5,880
-34% -$306K
HLT icon
936
Hilton Worldwide
HLT
$72.2B
$587K 0.03%
7,410
+2,130
+40% +$173K
SEDG icon
937
SolarEdge
SEDG
$1.98B
$586K 0.03%
12,240
-2,190
-15% -$121K
COL
938
DELISTED
Rockwell Collins
COL
$586K 0.03%
4,350
+150
+4% +$20.3K
SAIA icon
939
Saia
SAIA
$10.1B
$585K 0.03%
7,240
-4,420
-38% -$341K
ITRI icon
940
Itron
ITRI
$4.5B
$584K 0.03%
9,730
-3,900
-29% -$247K
IPG
941
DELISTED
Interpublic Group of Companies
IPG
$583K 0.03%
24,880
-6,140
-20% -$144K
BDC icon
942
Belden
BDC
$5.36B
$582K 0.03%
9,530
-3,260
-25% -$200K
KWR icon
943
Quaker Houghton
KWR
$2.95B
$582K 0.03%
3,760
-1,560
-29% -$240K
SCL icon
944
Stepan Co
SCL
$1.48B
$582K 0.03%
7,460
-2,390
-24% -$182K
TPH
945
DELISTED
Tri Pointe Homes
TPH
$582K 0.03%
35,600
-10,170
-22% -$173K
FNSR
946
DELISTED
Finisar Corp
FNSR
$582K 0.03%
32,330
-13,210
-29% -$219K
PAYX icon
947
Paychex
PAYX
$44.6B
$580K 0.03%
8,480
+220
+3% +$14.2K
CMC icon
948
Commercial Metals
CMC
$7.98B
$579K 0.03%
27,420
-8,820
-24% -$197K
CRS icon
949
Carpenter Technology
CRS
$26.6B
$578K 0.03%
11,000
-3,140
-22% -$170K
GCI
950
DELISTED
Gannett Co., Inc
GCI
$578K 0.03%
53,960
-11,760
-18% -$122K
36 37
38
39 40

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 2018 Portfolio in Review

As of Q2 2018, Municipal Employees' Retirement System of Michigan held 1,705 positions worth $1.9B, down 7.5% from $2.06B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $238M in Q2 2018, closing 22 positions and reducing 1,098 holdings. Its most notable exit was Orbital ATK, Inc., an estimated $2.38M position sold in full.

By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Industrials.

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Wyndham Hotels & Resorts worth $1.69M.

  • Municipal Employees' Retirement System of Michigan's largest Q2 2018 buy was Wyndham Hotels & Resorts: 28,770 shares worth $1.69M.
  • Municipal Employees' Retirement System of Michigan added most to Netflix in Q2 2018, an estimated $3.72M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2018 reduction was Abiomed Inc, cutting an estimated $4.33M.
  • Municipal Employees' Retirement System of Michigan fully exited Orbital ATK, Inc. in Q2 2018, selling an estimated $2.38M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 8.4% of its $1.9B portfolio in Q2 2018.
  • Municipal Employees' Retirement System of Michigan opened 24 new positions and closed 22 in Q2 2018.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 7.5% quarter-over-quarter to $1.9B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2018, filed 19 Jul 2018.