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
+2.38%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$2.01B
AUM Growth
-$109M
Cap. Flow
-$140M
Cap. Flow %
-6.96%
Top 10 Hldgs %
7.76%
Holding
1,778
New
98
Increased
613
Reduced
720
Closed
101

Top Buys

Rank Stock Value
1
RMP
Rice Midstream Partners LP
RMP
+$3.8M
2
STC icon
Stewart Information Services
STC
+$3.43M
3
BA icon
Boeing
BA
+$2.82M
4
RAI
Reynolds American Inc
RAI
+$2.82M
5
CHTR icon
Charter Communications
CHTR
+$2.77M

Top Sells

Rank Stock Value
1
WWAV
The WhiteWave Foods Company
WWAV
+$4.61M
2
CSC
Computer Sciences
CSC
+$4.5M
3
ARE icon
Alexandria Real Estate Equities
ARE
+$4.45M
4
ANSS
Ansys
ANSS
+$4.4M
5
ALGN icon
Align Technology
ALGN
+$4.37M

Sector Composition

Rank Sector Weight
1 Financials 15.68%
2 Industrials 13.88%
3 Technology 13.58%
4 Healthcare 11.48%
5 Consumer Discretionary 10.08%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
COL
951
DELISTED
Rockwell Collins
COL
$557K 0.03%
5,300
+1,170
+28% +$121K
AKR icon
952
Acadia Realty Trust
AKR
$2.86B
$556K 0.03%
20,000
+1,530
+8% +$43.9K
BGG
953
DELISTED
Briggs & Stratton Corp.
BGG
$554K 0.03%
22,980
+13,200
+135% +$313K
LVLT
954
DELISTED
Level 3 Communications Inc
LVLT
$552K 0.03%
9,310
– –
RHT
955
DELISTED
Red Hat Inc
RHT
$552K 0.03%
5,760
-6,450
-53% -$576K
AEL
956
DELISTED
American Equity Investment Life Holding Company
AEL
$551K 0.03%
20,970
+840
+4% +$20.5K
MSL
957
DELISTED
Midsouth Bancorp, Inc.
MSL
$550K 0.03%
+46,840
New +$643K
NEM icon
958
Newmont
NEM
$120B
$549K 0.03%
16,940
-3,860
-19% -$130K
COLB icon
959
Columbia Banking Systems
COLB
$9.18B
$547K 0.03%
13,730
+470
+4% +$18.3K
IRBT
960
DELISTED
iRobot
IRBT
$545K 0.03%
6,480
+300
+5% +$25.9K
ABM icon
961
ABM Industries
ABM
$2.82B
$544K 0.03%
13,110
-12,760
-49% -$542K
FCN icon
962
FTI Consulting
FCN
$4.24B
$544K 0.03%
15,560
-3,840
-20% -$140K
GEF icon
963
Greif
GEF
$5.03B
$544K 0.03%
9,750
-2,150
-18% -$122K
LGND icon
964
Ligand Pharmaceuticals
LGND
$5.76B
$544K 0.03%
7,181
+208
+3% +$14.6K
CVBF icon
965
CVB Financial
CVBF
$4.08B
$543K 0.03%
24,210
+1,230
+5% +$26.3K
HI
966
DELISTED
Hillenbrand
HI
$543K 0.03%
15,040
+630
+4% +$23K
VMC icon
967
Vulcan Materials
VMC
$36B
$543K 0.03%
4,290
-4,360
-50% -$547K
ANF icon
968
Abercrombie & Fitch
ANF
$4.84B
$540K 0.03%
43,380
+9,460
+28% +$117K
ESS icon
969
Essex Property Trust
ESS
$18.5B
$540K 0.03%
2,100
– –
FL
970
DELISTED
Foot Locker
FL
$540K 0.03%
10,970
+1,060
+11% +$68.7K
KDP icon
971
Keurig Dr Pepper
KDP
$42.3B
$538K 0.03%
5,900
– –
AZO icon
972
AutoZone
AZO
$49.6B
$536K 0.03%
940
– –
MOV icon
973
Movado Group
MOV
$796M
$536K 0.03%
21,220
+14,600
+221% +$337K
DVN icon
974
Devon Energy
DVN
$48.8B
$535K 0.03%
16,750
– –
PLCE icon
975
Children's Place
PLCE
$53.4M
$535K 0.03%
5,240
-990
-16% -$109K
37 38
39
40 41

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 2017 Portfolio in Review

As of Q2 2017, Municipal Employees' Retirement System of Michigan held 1,778 positions worth $2.01B, down 5.1% from $2.12B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $140M in Q2 2017, closing 101 positions and reducing 720 holdings. Its most notable exit was The WhiteWave Foods Company, an estimated $4.61M 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 Rice Midstream Partners LP worth $3.16M.

  • Municipal Employees' Retirement System of Michigan's largest Q2 2017 buy was Rice Midstream Partners LP: 158,490 shares worth $3.16M.
  • Municipal Employees' Retirement System of Michigan added most to Stewart Information Services in Q2 2017, an estimated $3.43M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2017 reduction was Alexandria Real Estate Equities, cutting an estimated $4.45M.
  • Municipal Employees' Retirement System of Michigan fully exited The WhiteWave Foods Company in Q2 2017, selling an estimated $4.61M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.8% of its $2.01B portfolio in Q2 2017.
  • Municipal Employees' Retirement System of Michigan opened 98 new positions and closed 101 in Q2 2017.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 5.1% quarter-over-quarter to $2.01B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2017, filed 26 Jul 2017.