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
+15.07%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.5B
AUM Growth
-$189M
Cap. Flow
-$393M
Cap. Flow %
-26.17%
Top 10 Hldgs %
7.14%
Holding
1,714
New
39
Increased
483
Reduced
919
Closed
31

Top Buys

Rank Stock Value
1
WES icon
Western Midstream Partners
WES
+$6.71M
2
ENLC
ENLINK MIDSTREAM, LLC
ENLC
+$6.31M
3
AM icon
Antero Midstream
AM
+$6.08M
4
CEQP
Crestwood Equity Partners LP
CEQP
+$1.53M
5
DCP
DCP Midstream, LP
DCP
+$1.51M

Top Sells

Rank Stock Value
1
ENB icon
Enbridge
ENB
+$12.5M
2
MSFT icon
Microsoft
MSFT
+$11M
3
AAPL icon
Apple
AAPL
+$10.6M
4
AMZN icon
Amazon
AMZN
+$9.05M
5
WES
Western Gas Partners Lp
WES
+$5.68M

Sector Composition

Rank Sector Weight
1 Financials 14.21%
2 Energy 13.82%
3 Technology 13.12%
4 Industrials 13.11%
5 Consumer Discretionary 10.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AVNT icon
1026
Avient
AVNT
$4.23B
$426K 0.03%
14,550
-4,660
-24% -$146K
GEO icon
1027
The GEO Group
GEO
$4B
$426K 0.03%
22,205
-7,060
-24% -$152K
BRKL
1028
DELISTED
Brookline Bancorp
BRKL
$425K 0.03%
29,510
+330
+1% +$4.95K
RRC icon
1029
Range Resources
RRC
$9.33B
$424K 0.03%
37,750
-11,430
-23% -$124K
HMN icon
1030
Horace Mann Educators
HMN
$2.1B
$423K 0.03%
12,000
+140
+1% +$5.42K
SNBR
1031
DELISTED
Sleep Number
SNBR
$422K 0.03%
8,970
-1,120
-11% -$45.1K
BRT
1032
BRT Apartments
BRT
$269M
$421K 0.03%
30,360
– –
CXW icon
1033
CoreCivic
CXW
$3.13B
$421K 0.03%
21,640
-6,850
-24% -$135K
RPT
1034
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
$421K 0.03%
35,110
+320
+0.9% +$3.98K
MNTA
1035
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
$421K 0.03%
28,960
+6,310
+28% +$80.6K
APT icon
1036
Alpha Pro Tech
APT
$55.7M
$420K 0.03%
116,670
– –
ORLY icon
1037
O'Reilly Automotive
ORLY
$74.9B
$419K 0.03%
16,200
-16,200
-50% -$392K
GIS icon
1038
General Mills
GIS
$20.8B
$418K 0.03%
8,070
-7,930
-50% -$359K
SLGN icon
1039
Silgan Holdings
SLGN
$4.46B
$418K 0.03%
14,120
-4,270
-23% -$118K
USAK
1040
DELISTED
USA Truck Inc
USAK
$418K 0.03%
28,960
– –
DIOD icon
1041
Diodes
DIOD
$4.48B
$417K 0.03%
12,020
+580
+5% +$20.8K
EA
1042
DELISTED
Electronic Arts
EA
$416K 0.03%
4,090
-4,040
-50% -$383K
HPQ icon
1043
HP
HPQ
$28.6B
$416K 0.03%
21,420
-21,730
-50% -$461K
SRCI
1044
DELISTED
SRC Energy Inc
SRCI
$414K 0.03%
80,900
+970
+1% +$4.75K
CAR icon
1045
Avis
CAR
$4.84B
$410K 0.03%
11,760
-4,230
-26% -$127K
DAIO icon
1046
Data I/O
DAIO
$33.1M
$409K 0.03%
73,710
– –
MCO icon
1047
Moody's
MCO
$84.6B
$409K 0.03%
2,260
-2,170
-49% -$357K
PEG icon
1048
Public Service Enterprise Group
PEG
$37.8B
$409K 0.03%
6,890
-6,500
-49% -$363K
TRMK icon
1049
Trustmark
TRMK
$2.8B
$409K 0.03%
12,150
-4,100
-25% -$134K
WGO icon
1050
Winnebago Industries
WGO
$921M
$408K 0.03%
13,090
+400
+3% +$12K
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 2019 Portfolio in Review

As of Q1 2019, Municipal Employees' Retirement System of Michigan held 1,714 positions worth $1.5B, down 11% from $1.69B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $393M in Q1 2019, closing 31 positions and reducing 919 holdings. Its most notable exit was Enbridge, an estimated $12.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 15% a quarter earlier, followed by Energy and Technology.

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Western Midstream Partners worth $6.63M.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2019 buy was Western Midstream Partners: 211,319 shares worth $6.63M.
  • Municipal Employees' Retirement System of Michigan added most to Crestwood Equity Partners LP in Q1 2019, an estimated $1.53M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2019 reduction was Microsoft, cutting an estimated $11M.
  • Municipal Employees' Retirement System of Michigan fully exited Enbridge in Q1 2019, selling an estimated $12.5M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.1% of its $1.5B portfolio in Q1 2019.
  • Municipal Employees' Retirement System of Michigan opened 39 new positions and closed 31 in Q1 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 11% quarter-over-quarter to $1.5B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2019, filed 15 May 2019.