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
+4.84%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$2.12B
AUM Growth
+$53.2M
Cap. Flow
-$21.6M
Cap. Flow %
-1.02%
Top 10 Hldgs %
7.13%
Holding
1,704
New
19
Increased
563
Reduced
177
Closed
24

Top Buys

Rank Stock Value
1
BIVV
Bioverativ Inc. Common Stock
BIVV
+$2.48M
2
LOGM
LogMein, Inc.
LOGM
+$1.91M
3
CONE
CyrusOne Inc Common Stock
CONE
+$1.69M
4
SBH icon
Sally Beauty Holdings
SBH
+$1.51M
5
GEO icon
The GEO Group
GEO
+$1.5M

Top Sells

Rank Stock Value
1
IDXX icon
Idexx Laboratories
IDXX
+$5.24M
2
SNPS icon
Synopsys
SNPS
+$4.3M
3
REG icon
Regency Centers
REG
+$2.97M
4
ENH
Endurance Specialty Holdings Ltd
ENH
+$2.7M
5
CBOE icon
Cboe Global Markets
CBOE
+$2.68M

Sector Composition

Rank Sector Weight
1 Financials 15.53%
2 Industrials 13.86%
3 Technology 13.47%
4 Healthcare 10.99%
5 Consumer Discretionary 9.68%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BHR
1026
Braemar Hotels & Resorts
BHR
$139M
$490K 0.02%
46,601
– –
O icon
1027
Realty Income
O
$59.6B
$490K 0.02%
8,493
– –
LXP icon
1028
LXP Industrial Trust
LXP
$3.58B
$487K 0.02%
9,750
+64
+0.7% +$3.41K
RAIL icon
1029
FreightCar America
RAIL
$243M
$487K 0.02%
38,830
– –
ESS icon
1030
Essex Property Trust
ESS
$18.5B
$486K 0.02%
2,100
– –
SALE
1031
DELISTED
RetailMeNot, Inc. Series 1
SALE
$485K 0.02%
59,870
– –
GBX icon
1032
The Greenbrier Companies
GBX
$1.42B
$482K 0.02%
11,180
+140
+1% +$6.18K
CATM
1033
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
$482K 0.02%
10,320
-50
-0.5% -$2.46K
HMN icon
1034
Horace Mann Educators
HMN
$2.1B
$481K 0.02%
11,730
– –
NOV icon
1035
NOV
NOV
$7.36B
$481K 0.02%
12,010
– –
SNOW
1036
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
$481K 0.02%
19,240
– –
SSD icon
1037
Simpson Manufacturing
SSD
$8B
$480K 0.02%
11,140
-100
-0.9% -$4.34K
HAE icon
1038
Haemonetics
HAE
$4.11B
$479K 0.02%
11,800
+150
+1% +$5.86K
SHOO icon
1039
Steven Madden
SHOO
$3.46B
$479K 0.02%
18,645
-225
-1% -$5.47K
CAL icon
1040
Caleres
CAL
$461M
$478K 0.02%
18,110
-270
-1% -$8.12K
COR icon
1041
Cencora
COR
$59.2B
$477K 0.02%
5,390
– –
ORC
1042
Orchid Island Capital
ORC
$1.32B
$477K 0.02%
9,552
– –
XOXO
1043
DELISTED
Xo Group Inc
XOXO
$477K 0.02%
27,690
– –
FAST icon
1044
Fastenal
FAST
$58.9B
$476K 0.02%
37,000
– –
AEL
1045
DELISTED
American Equity Investment Life Holding Company
AEL
$476K 0.02%
20,130
+270
+1% +$6.71K
KNGT
1046
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
$476K 0.02%
15,180
+150
+1% +$4.7K
BEN icon
1047
Franklin Resources
BEN
$17.2B
$475K 0.02%
11,280
– –
SWC
1048
DELISTED
Stillwater Mining Co
SWC
$475K 0.02%
27,500
– –
APEI icon
1049
American Public Education
APEI
$828M
$474K 0.02%
20,670
– –
DNR
1050
DELISTED
Denbury Resources, Inc.
DNR
$474K 0.02%
183,800
– –
40 41
42
43 44

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 2017 Portfolio in Review

As of Q1 2017, Municipal Employees' Retirement System of Michigan held 1,704 positions worth $2.12B, up 2.6% from $2.07B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.

Trading was light in Q1 2017: portfolio turnover was 2.5%. Municipal Employees' Retirement System of Michigan opened 19 new positions and exited 24, leaving the 1,704-position portfolio largely intact.

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

  • Municipal Employees' Retirement System of Michigan's largest Q1 2017 buy was Bioverativ Inc. Common Stock: 50,410 shares worth $2.75M.
  • Municipal Employees' Retirement System of Michigan added most to LogMein, Inc. in Q1 2017, an estimated $1.91M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2017 reduction was Idexx Laboratories, cutting an estimated $5.24M.
  • Municipal Employees' Retirement System of Michigan fully exited Endurance Specialty Holdings Ltd in Q1 2017, selling an estimated $2.7M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.1% of its $2.12B portfolio in Q1 2017.
  • Municipal Employees' Retirement System of Michigan opened 19 new positions and closed 24 in Q1 2017.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 2.6% quarter-over-quarter to $2.12B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2017, filed 11 May 2017.