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
+3.76%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.3B
AUM Growth
-$172M
Cap. Flow
-$203M
Cap. Flow %
-15.65%
Top 10 Hldgs %
7.4%
Holding
1,685
New
30
Increased
36
Reduced
1,443
Closed
27

Top Buys

Rank Stock Value
1
QRVO icon
Qorvo
QRVO
+$3.15M
2
ENTA icon
Enanta Pharmaceuticals
ENTA
+$1.34M
3
BMS
Bemis
BMS
+$1.24M
4
KMI icon
Kinder Morgan
KMI
+$1.12M
5
DAN icon
Dana Inc
DAN
+$1.11M

Top Sells

Rank Stock Value
1
SWKS icon
Skyworks Solutions
SWKS
+$4.76M
2
AAPL icon
Apple
AAPL
+$4.28M
3
ENDP
Endo International plc
ENDP
+$3.74M
4
CBST
CUBIST PHARMACEUTICALS INC
CBST
+$2.48M
5
AGN
Allergan Inc
AGN
+$2.19M

Sector Composition

Rank Sector Weight
1 Financials 13.9%
2 Technology 13.85%
3 Industrials 13.45%
4 Healthcare 11.91%
5 Consumer Discretionary 11.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MAC icon
976
Macerich
MAC
$6.99B
$346K 0.03%
4,100
-800
-16% -$70K
PNR icon
977
Pentair
PNR
$10.7B
$346K 0.03%
8,190
-1,786
-18% -$77.7K
PZZA icon
978
Papa John's
PZZA
$804M
$346K 0.03%
5,600
-2,200
-28% -$137K
SJI
979
DELISTED
South Jersey Industries, Inc.
SJI
$346K 0.03%
12,600
-4,200
-25% -$120K
GPI icon
980
Group 1 Automotive
GPI
$3.14B
$345K 0.03%
4,000
-1,400
-26% -$115K
SNBR
981
DELISTED
Sleep Number
SNBR
$345K 0.03%
10,000
-3,900
-28% -$121K
MDCO
982
DELISTED
Medicines Co
MDCO
$345K 0.03%
12,300
-4,300
-26% -$121K
AMG icon
983
Affiliated Managers Group
AMG
$9.7B
$344K 0.03%
1,600
-300
-16% -$63.3K
RLGT icon
984
Radiant Logistics
RLGT
$406M
$343K 0.03%
66,300
– –
GAP
985
The Gap Inc
GAP
$7.34B
$342K 0.03%
7,900
-1,100
-12% -$45.8K
EFOR
986
Everforth Inc
EFOR
$1.37B
$341K 0.03%
8,900
-3,000
-25% -$109K
MATX icon
987
Matsons
MATX
$6.39B
$341K 0.03%
8,100
-2,900
-26% -$110K
UNF icon
988
Unifirst Corp
UNF
$5.21B
$341K 0.03%
2,900
-1,000
-26% -$118K
NCIT
989
DELISTED
NCI, Inc.
NCIT
$341K 0.03%
34,000
– –
MTH icon
990
Meritage Homes
MTH
$4.8B
$340K 0.03%
14,000
-4,800
-26% -$97K
TPR icon
991
Tapestry
TPR
$25.9B
$340K 0.03%
8,200
-1,300
-14% -$51.7K
TSCO icon
992
Tractor Supply
TSCO
$18.8B
$340K 0.03%
20,000
-4,000
-17% -$66.8K
DOV icon
993
Dover
DOV
$27.8B
$339K 0.03%
6,066
-1,114
-16% -$64.2K
MEI icon
994
Methode Electronics
MEI
$593M
$339K 0.03%
7,200
-2,000
-22% -$79.9K
LCI
995
DELISTED
Lannett Company, Inc.
LCI
$339K 0.03%
1,250
-430
-26% -$97.6K
MKSI icon
996
MKS Inc
MKSI
$20.7B
$338K 0.03%
10,000
-3,700
-27% -$130K
KSU
997
DELISTED
Kansas City Southern
KSU
$338K 0.03%
3,300
-500
-13% -$56.7K
ANDV
998
DELISTED
Andeavor
ANDV
$338K 0.03%
3,700
-800
-18% -$67.1K
JWN
999
DELISTED
Nordstrom
JWN
$337K 0.03%
4,200
-700
-14% -$55.4K
MDC
1000
DELISTED
M.D.C. Holdings, Inc.
MDC
$336K 0.03%
16,388
-1,250
-7% -$23.9K
38 39
40
41 42

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 2015 Portfolio in Review

As of Q1 2015, Municipal Employees' Retirement System of Michigan held 1,685 positions worth $1.3B, down 12% from $1.47B the previous quarter. Its ten largest holdings account for 7.4% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $203M in Q1 2015, closing 27 positions and reducing 1,443 holdings. Its most notable exit was CUBIST PHARMACEUTICALS INC, an estimated $2.48M position sold in full.

By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Technology and Industrials.

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Qorvo worth $3.52M.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2015 buy was Qorvo: 44,200 shares worth $3.52M.
  • Municipal Employees' Retirement System of Michigan added most to Bemis in Q1 2015, an estimated $1.24M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2015 reduction was Skyworks Solutions, cutting an estimated $4.76M.
  • Municipal Employees' Retirement System of Michigan fully exited CUBIST PHARMACEUTICALS INC in Q1 2015, selling an estimated $2.48M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.4% of its $1.3B portfolio in Q1 2015.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 27 in Q1 2015.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 12% quarter-over-quarter to $1.3B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2015, filed 8 May 2015.