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
+3.33%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.43B
AUM Growth
-$70.2M
Cap. Flow
-$98.3M
Cap. Flow %
-6.86%
Top 10 Hldgs %
7.59%
Holding
1,762
New
80
Increased
1,069
Reduced
323
Closed
101

Top Buys

Rank Stock Value
1
PYPL icon
PayPal
PYPL
+$3.57M
2
AVGO icon
Broadcom
AVGO
+$3.12M
3
AXP icon
American Express
AXP
+$2.75M
4
NKE icon
Nike
NKE
+$2.66M
5
SPTN
SpartanNash
SPTN
+$2.13M

Top Sells

Rank Stock Value
1
PSXP
PHILLIPS 66 PARTNERS LP
PSXP
+$7.28M
2
TGE
Tallgrass Energy, LP Class A Shares
TGE
+$7.2M
3
ENLC
ENLINK MIDSTREAM, LLC
ENLC
+$7.14M
4
EPD icon
Enterprise Products Partners
EPD
+$7.13M
5
BPL
Buckeye Partners, L.P.
BPL
+$7.08M

Sector Composition

Rank Sector Weight
1 Financials 16.31%
2 Technology 14.61%
3 Industrials 14.44%
4 Healthcare 10.84%
5 Consumer Discretionary 10.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AMCX icon
1001
AMC Global Media
AMCX
$496M
$447K 0.03%
8,210
– –
AN icon
1002
AutoNation
AN
$6.89B
$447K 0.03%
10,660
+170
+2% +$6.76K
MCO icon
1003
Moody's
MCO
$84.6B
$447K 0.03%
2,290
+30
+1% +$5.69K
WKC icon
1004
World Kinect Corp
WKC
$1.9B
$447K 0.03%
12,420
+250
+2% +$7.84K
CSII
1005
DELISTED
Cardiovascular Systems, Inc.
CSII
$447K 0.03%
10,420
+180
+2% +$6.99K
AVNT icon
1006
Avient
AVNT
$4.23B
$445K 0.03%
14,190
-360
-2% -$10.1K
HPQ icon
1007
HP
HPQ
$28.6B
$445K 0.03%
21,420
– –
MEI icon
1008
Methode Electronics
MEI
$593M
$445K 0.03%
15,560
+1,860
+14% +$52.1K
PLAY icon
1009
Dave & Buster's
PLAY
$370M
$443K 0.03%
10,950
-440
-4% -$22.4K
WD icon
1010
Walker & Dunlop
WD
$1.47B
$443K 0.03%
8,330
-2,040
-20% -$108K
MXL icon
1011
MaxLinear
MXL
$6.95B
$442K 0.03%
18,850
+240
+1% +$5.84K
WBD icon
1012
Warner Bros
WBD
$69.6B
$442K 0.03%
14,380
+12,270
+582% +$357K
WPG
1013
DELISTED
Washington Prime Group Inc.
WPG
$442K 0.03%
12,858
+6,798
+112% +$279K
AX icon
1014
Axos Financial
AX
$5.72B
$437K 0.03%
16,050
+210
+1% +$6.18K
UCFC
1015
DELISTED
United Community Financial Corp
UCFC
$437K 0.03%
+45,690
New +$426K
BGSF icon
1016
BGSF Inc
BGSF
$59.2M
$436K 0.03%
23,070
– –
WELL icon
1017
Welltower
WELL
$169B
$436K 0.03%
5,350
+260
+5% +$20.4K
BDC icon
1018
Belden
BDC
$5.36B
$435K 0.03%
7,300
– –
GIS icon
1019
General Mills
GIS
$20.8B
$434K 0.03%
8,270
+200
+2% +$10.3K
IRMD icon
1020
iRadimed
IRMD
$1.11B
$434K 0.03%
21,210
+8,640
+69% +$204K
SFM icon
1021
Sprouts Farmers Market
SFM
$7.71B
$434K 0.03%
22,950
-310
-1% -$6.46K
SMMF
1022
DELISTED
Summit Financial Group, Inc.
SMMF
$434K 0.03%
+16,170
New +$417K
OLBK
1023
DELISTED
Old Line Bancshares, Inc.
OLBK
$434K 0.03%
+16,310
New +$417K
PIPR icon
1024
Piper Sandler
PIPR
$5.54B
$433K 0.03%
23,320
+5,760
+33% +$109K
EPM icon
1025
Evolution Petroleum
EPM
$135M
$432K 0.03%
60,440
+13,750
+29% +$92.8K
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 2019 Portfolio in Review

As of Q2 2019, Municipal Employees' Retirement System of Michigan held 1,762 positions worth $1.43B, down 4.7% from $1.5B the previous quarter. Its ten largest holdings account for 7.6% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $98.3M in Q2 2019, closing 101 positions and reducing 323 holdings. Its most notable exit was PHILLIPS 66 PARTNERS LP, an estimated $7.28M position sold in full.

By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 14% a quarter earlier, followed by Technology and Industrials.

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in PC Connection worth $1.5M.

  • Municipal Employees' Retirement System of Michigan's largest Q2 2019 buy was PC Connection: 43,010 shares worth $1.5M.
  • Municipal Employees' Retirement System of Michigan added most to PayPal in Q2 2019, an estimated $3.57M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2019 reduction was DuPont de Nemours, cutting an estimated $2.75M.
  • Municipal Employees' Retirement System of Michigan fully exited PHILLIPS 66 PARTNERS LP in Q2 2019, selling an estimated $7.28M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.6% of its $1.43B portfolio in Q2 2019.
  • Municipal Employees' Retirement System of Michigan opened 80 new positions and closed 101 in Q2 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 4.7% quarter-over-quarter to $1.43B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2019, filed 31 Jul 2019.