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
AIRM
1051
DELISTED
Air Methods Corp
AIRM
$312K 0.02%
6,700
-2,300
-26% -$105K
ABM icon
1052
ABM Industries
ABM
$2.82B
$311K 0.02%
9,700
-3,600
-27% -$108K
WAT icon
1053
Waters Corp
WAT
$40.6B
$311K 0.02%
2,500
-400
-14% -$47.7K
SAFM
1054
DELISTED
Sanderson Farms Inc
SAFM
$311K 0.02%
3,900
-1,300
-25% -$105K
PLL
1055
DELISTED
PALL CORP
PLL
$311K 0.02%
3,100
-700
-18% -$70.7K
FWRD icon
1056
Forward Air
FWRD
$682M
$310K 0.02%
5,700
-2,300
-29% -$118K
SPLS
1057
DELISTED
Staples Inc
SPLS
$310K 0.02%
18,900
-3,500
-16% -$58.8K
CSV icon
1058
Carriage Services
CSV
$555M
$308K 0.02%
12,900
– –
REI icon
1059
Ring Energy
REI
$349M
$308K 0.02%
29,000
– –
SIGI icon
1060
Selective Insurance
SIGI
$5.59B
$308K 0.02%
10,600
-3,700
-26% -$102K
EMN icon
1061
Eastman Chemical
EMN
$8.43B
$307K 0.02%
4,400
-800
-15% -$57.8K
FC icon
1062
Franklin Covey
FC
$227M
$307K 0.02%
+15,960
New +$287K
III icon
1063
Information Services Group
III
$250M
$307K 0.02%
77,000
– –
NTCT icon
1064
NETSCOUT
NTCT
$2.89B
$307K 0.02%
7,000
-2,400
-26% -$92.9K
MTUS icon
1065
Metallus
MTUS
$892M
$307K 0.02%
11,600
-770
-6% -$22.6K
CTXS
1066
DELISTED
Citrix Systems Inc
CTXS
$307K 0.02%
6,028
-1,130
-16% -$55.6K
CA
1067
DELISTED
CA, Inc.
CA
$307K 0.02%
9,400
-1,700
-15% -$53.9K
GLDD
1068
DELISTED
Great Lakes Dredge & Dock
GLDD
$306K 0.02%
50,900
– –
LYTS icon
1069
LSI Industries
LYTS
$912M
$306K 0.02%
37,600
– –
RSG icon
1070
Republic Services
RSG
$65.9B
$306K 0.02%
7,500
-1,800
-19% -$73.3K
COHR
1071
DELISTED
Coherent Inc
COHR
$305K 0.02%
4,700
-1,700
-27% -$106K
GOV
1072
DELISTED
Government Properties Income Trust
GOV
$304K 0.02%
13,300
-4,100
-24% -$94.2K
AAT
1073
American Assets Trust
AAT
$1.41B
$303K 0.02%
7,000
-2,100
-23% -$89.7K
ICON
1074
DELISTED
Iconix Brand Group, Inc.
ICON
$303K 0.02%
900
-340
-27% -$117K
WYNN icon
1075
Wynn Resorts
WYNN
$10.5B
$302K 0.02%
2,400
-400
-14% -$57.1K
41 42
43
44 45

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.