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
CVBF icon
1101
CVB Financial
CVBF
$4.08B
$291K 0.02%
18,100
-6,000
-25% -$93K
BALL icon
1102
Ball Corp
BALL
$16.4B
$290K 0.02%
8,200
-1,400
-15% -$48.5K
COLB icon
1103
Columbia Banking Systems
COLB
$9.18B
$290K 0.02%
10,000
-3,400
-25% -$93.3K
IART icon
1104
Integra LifeSciences
IART
$1.42B
$290K 0.02%
11,498
-3,425
-23% -$81K
GLPW
1105
DELISTED
GLOBAL POWER EQUIPMENT GROUP INC COMMON NEW
GLPW
$290K 0.02%
22,000
– –
DORM icon
1106
Dorman Products
DORM
$3.95B
$289K 0.02%
5,800
-2,000
-26% -$94.2K
MCHP icon
1107
Microchip Technology
MCHP
$42.2B
$289K 0.02%
11,800
-2,000
-14% -$48.2K
MATW icon
1108
Matthews International
MATW
$722M
$288K 0.02%
5,600
-1,900
-25% -$91.6K
MSTR icon
1109
Strategy Inc
MSTR
$38.2B
$288K 0.02%
17,000
-6,000
-26% -$101K
AWR icon
1110
American States Water
AWR
$3.52B
$287K 0.02%
7,200
-2,700
-27% -$107K
SEE
1111
DELISTED
Sealed Air
SEE
$287K 0.02%
6,300
-500
-7% -$22.2K
CMS icon
1112
CMS Energy
CMS
$22.1B
$286K 0.02%
8,200
-1,100
-12% -$39.1K
KLAC icon
1113
KLA
KLAC
$274B
$286K 0.02%
49,000
-8,000
-14% -$51.2K
LCII icon
1114
LCI Industries
LCII
$2.6B
$286K 0.02%
4,500
-1,200
-21% -$66K
IGTE
1115
DELISTED
IGATE CORPORATION
IGTE
$286K 0.02%
6,700
-2,650
-28% -$106K
ONB icon
1116
Old National Bancorp
ONB
$10.4B
$285K 0.02%
20,100
-6,500
-24% -$90.7K
CAI
1117
DELISTED
CAI International, Inc.
CAI
$285K 0.02%
11,600
– –
XL
1118
DELISTED
XL Group Ltd.
XL
$285K 0.02%
7,700
-1,700
-18% -$61K
IFF icon
1119
International Flavors & Fragrances
IFF
$21.4B
$283K 0.02%
2,400
-400
-14% -$45.2K
TTEK icon
1120
Tetra Tech
TTEK
$9.33B
$283K 0.02%
59,000
-24,000
-29% -$119K
FELE icon
1121
Franklin Electric
FELE
$4.68B
$282K 0.02%
7,400
-2,600
-26% -$93.2K
VAR
1122
DELISTED
Varian Medical Systems, Inc.
VAR
$282K 0.02%
3,421
-684
-17% -$54.9K
MAS icon
1123
Masco
MAS
$14.7B
$280K 0.02%
11,949
-2,162
-15% -$49.1K
ROG icon
1124
Rogers Corp
ROG
$2.46B
$280K 0.02%
3,400
-1,200
-26% -$94.3K
RNET
1125
DELISTED
RigNet, Inc.
RNET
$280K 0.02%
9,800
– –
43 44
45
46 47

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.