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
+5.45%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.85B
AUM Growth
+$356M
Cap. Flow
+$294M
Cap. Flow %
15.88%
Top 10 Hldgs %
6.88%
Holding
1,781
New
28
Increased
1,420
Reduced
173
Closed
96

Top Buys

Rank Stock Value
1
TEP
Tallgrass Energy Partners, LP
TEP
+$3.98M
2
BWP
Boardwalk Pipeline Partners
BWP
+$3.93M
3
RTX icon
RTX Corp
RTX
+$2.48M
4
HON icon
Honeywell
HON
+$2.48M
5
SBUX icon
Starbucks
SBUX
+$2.27M

Top Sells

Rank Stock Value
1
JAH
JARDEN CORPORATION
JAH
+$4.06M
2
AYI icon
Acuity Brands
AYI
+$3.3M
3
CNC icon
Centene
CNC
+$3.2M
4
LKQ icon
LKQ Corp
LKQ
+$3M
5
GPN icon
Global Payments
GPN
+$2.82M

Sector Composition

Rank Sector Weight
1 Financials 14.06%
2 Industrials 12.58%
3 Technology 12.24%
4 Healthcare 11.55%
5 Consumer Discretionary 9.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WERN icon
1001
Werner Enterprises
WERN
$2.31B
$454K 0.02%
19,770
+4,870
+33% +$121K
CHFN
1002
DELISTED
Charter Financial Corp
CHFN
$453K 0.02%
34,080
+26,200
+332% +$343K
PCBK
1003
DELISTED
Pacific Continental Corp
PCBK
$452K 0.02%
28,780
+28,500
+10,179% +$466K
MU icon
1004
Micron Technology
MU
$1.07T
$451K 0.02%
32,780
-2,400
-7% -$27.3K
SPOK icon
1005
Spok Holdings
SPOK
$230M
$451K 0.02%
23,540
+110
+0.5% +$1.92K
PSB
1006
DELISTED
PS Business Parks, Inc.
PSB
$451K 0.02%
4,250
+100
+2% +$10K
IBKR icon
1007
Interactive Brokers
IBKR
$41.4B
$450K 0.02%
50,880
+1,240
+2% +$11.8K
LZB icon
1008
La-Z-Boy
LZB
$1.67B
$450K 0.02%
16,160
+280
+2% +$7.33K
SHOE
1009
Shoe Station Group
SHOE
$415M
$449K 0.02%
35,740
-6,400
-15% -$79.6K
MNRO icon
1010
Monro
MNRO
$352M
$447K 0.02%
7,040
+200
+3% +$13.2K
CVSA
1011
Covista Inc
CVSA
$4.49B
$446K 0.02%
24,990
+6,040
+32% +$107K
CMCO icon
1012
Columbus McKinnon
CMCO
$550M
$446K 0.02%
31,510
– –
SCSC icon
1013
Scansource
SCSC
$1.06B
$445K 0.02%
11,990
+10
+0.1% +$393
ARC
1014
DELISTED
ARC Document Solutions, Inc.
ARC
$445K 0.02%
114,310
+42,200
+59% +$172K
CCS icon
1015
Century Communities
CCS
$2.04B
$443K 0.02%
25,530
+24,900
+3,952% +$439K
CNOB icon
1016
Center Bancorp
CNOB
$1.81B
$443K 0.02%
28,250
+10,700
+61% +$173K
WWW icon
1017
Wolverine World Wide
WWW
$1.63B
$443K 0.02%
21,750
+500
+2% +$9.32K
GBCI icon
1018
Glacier Bancorp
GBCI
$6.48B
$442K 0.02%
16,630
+450
+3% +$11.7K
EFII
1019
DELISTED
Electronics for Imaging
EFII
$442K 0.02%
10,280
+240
+2% +$10.1K
FCX icon
1020
Freeport-McMoran
FCX
$93.6B
$441K 0.02%
39,580
+1,050
+3% +$11.6K
HSII
1021
DELISTED
Heidrick & Struggles
HSII
$440K 0.02%
26,050
+130
+0.5% +$2.58K
AUD
1022
DELISTED
Audacy, Inc.
AUD
$440K 0.02%
32,460
+32,200
+12,385% +$389K
COLB icon
1023
Columbia Banking Systems
COLB
$9.18B
$437K 0.02%
15,580
+350
+2% +$10.3K
IPXL
1024
DELISTED
Impax Laboratories, Inc.
IPXL
$436K 0.02%
15,140
+650
+4% +$21.2K
IQNT
1025
DELISTED
Inteliquent, Inc.
IQNT
$436K 0.02%
21,900
+21,100
+2,638% +$357K
39 40
41
42 43

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 2016 Portfolio in Review

As of Q2 2016, Municipal Employees' Retirement System of Michigan held 1,781 positions worth $1.85B, up 24% from $1.5B the previous quarter. Its ten largest holdings account for 6.9% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $294M of net new capital in Q2 2016, opening 28 new positions and adding to 1,420 existing holdings. Its largest new stake was Tallgrass Energy Partners, LP: 91,940 shares worth $4.23M.

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

On the sell side, the largest reduction was Acuity Brands, an estimated $3.3M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q2 2016 buy was Tallgrass Energy Partners, LP: 91,940 shares worth $4.23M.
  • Municipal Employees' Retirement System of Michigan added most to RTX Corp in Q2 2016, an estimated $2.48M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2016 reduction was Acuity Brands, cutting an estimated $3.3M.
  • Municipal Employees' Retirement System of Michigan fully exited JARDEN CORPORATION in Q2 2016, selling an estimated $4.06M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 6.9% of its $1.85B portfolio in Q2 2016.
  • Municipal Employees' Retirement System of Michigan opened 28 new positions and closed 96 in Q2 2016.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 24% quarter-over-quarter to $1.85B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2016, filed 15 Aug 2016.