MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.84B
1-Year Est. Return 13.04%
This Fund
S&P 500
This Quarter Est. Return
1 Year Est. Return
+13.04%
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$4B
AUM Growth
+$840M
Cap. Flow
Cap. Flow %
Top 10 Hldgs %
Holding
1,603
New
Increased
Reduced
Closed

Top Buys

1
+$529M
2
+$437M
3
+$385M
4
IVV icon
iShares Core S&P 500 ETF
IVV
+$349M
5
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
+$159M

Top Sells

1
+$341M
2
+$166M
3
+$165M
4
JNK icon
State Street SPDR Bloomberg High Yield Bond ETF
JNK
+$162M
5
USHY icon
iShares Broad USD High Yield Corporate Bond ETF
USHY
+$53.4M

Sector Composition

1 Technology 1.41%
2 Financials 1.29%
3 Healthcare 1.17%
4 Industrials 0.75%
5 Consumer Staples 0.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
926
– –
-11,980
927
– –
-193,375
928
– –
-2,670
929
– –
-26,940
930
– –
-13,940
931
– –
-8,150
932
– –
-4,604
933
– –
-15,960
934
– –
-3,280
935
– –
-6,050
936
– –
-16,280
937
– –
-14,470
938
– –
-10,550
939
– –
-53,860
940
– –
-5,980
941
– –
-4,820
942
– –
-10,900
943
– –
-9,980
944
– –
-7,810
945
– –
-1,760
946
– –
-44,230
947
– –
-22,908
948
– –
-39,070
949
– –
-3,622
950
– –
-18,790
36 37
38
39 40