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
+1.02%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$2.62B
AUM Growth
+$1.18B
Cap. Flow
+$1.18B
Cap. Flow %
45.1%
Top 10 Hldgs %
33.55%
Holding
1,716
New
55
Increased
626
Reduced
537
Closed
38

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$344M
2
SPTI icon
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
+$117M
3
STIP icon
iShares 0-5 Year TIPS Bond ETF
STIP
+$59.9M
4
MBB icon
iShares MBS ETF
MBB
+$50.2M
5
FLRN icon
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
+$45.1M

Top Sells

Rank Stock Value
1
NGL icon
NGL Energy Partners
NGL
+$9.04M
2
CEQP
Crestwood Equity Partners LP
CEQP
+$7.87M
3
TCP
TC Pipelines LP
TCP
+$7.48M
4
CQP icon
Cheniere Energy
CQP
+$7.31M
5
NS
NuStar Energy L.P.
NS
+$7.27M

Sector Composition

Rank Sector Weight
1 Financials 8.75%
2 Technology 7.96%
3 Industrials 7.51%
4 Consumer Discretionary 5.82%
5 Healthcare 5.81%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MCK icon
1101
McKesson
MCK
$99.9B
$365K 0.01%
2,670
+30
+1% +$4.25K
SNBR
1102
DELISTED
Sleep Number
SNBR
$364K 0.01%
8,800
-290
-3% -$12.4K
VRSK icon
1103
Verisk Analytics
VRSK
$24.2B
$364K 0.01%
2,300
+40
+2% +$6.21K
WGO icon
1104
Winnebago Industries
WGO
$921M
$364K 0.01%
9,490
+810
+9% +$29.5K
EGIO
1105
DELISTED
Edgio, Inc. Common Stock
EGIO
$364K 0.01%
3,002
– –
CALM icon
1106
Cal-Maine
CALM
$3.87B
$363K 0.01%
9,080
-4,830
-35% -$201K
PEBO icon
1107
Peoples Bancorp
PEBO
$1.49B
$362K 0.01%
11,380
– –
X
1108
DELISTED
US Steel
X
$362K 0.01%
31,320
-710
-2% -$9.15K
AMD icon
1109
Advanced Micro Devices
AMD
$789B
$361K 0.01%
12,450
+330
+3% +$10.3K
RAVN
1110
DELISTED
Raven Industries Inc
RAVN
$361K 0.01%
10,780
+70
+0.7% +$2.35K
EPAC icon
1111
Enerpac Tool Group
EPAC
$1.89B
$360K 0.01%
16,410
-1,800
-10% -$41.2K
PLCE icon
1112
Children's Place
PLCE
$53.4M
$360K 0.01%
4,670
-170
-4% -$15K
VRE
1113
DELISTED
Veris Residential
VRE
$360K 0.01%
16,610
-90
-0.5% -$2K
CCBG icon
1114
Capital City Bank Group
CCBG
$898M
$359K 0.01%
+13,080
New +$330K
GMS
1115
DELISTED
GMS Inc
GMS
$359K 0.01%
12,490
+2,640
+27% +$64.7K
TDG icon
1116
TransDigm Group
TDG
$68.9B
$359K 0.01%
690
+20
+3% +$10.3K
TTMI icon
1117
TTM Technologies
TTMI
$14.6B
$359K 0.01%
29,430
-15,240
-34% -$164K
URBN icon
1118
Urban Outfitters
URBN
$6.53B
$358K 0.01%
12,740
-1,000
-7% -$23.3K
NTWK icon
1119
NetSol Technologies
NTWK
$49.3M
$357K 0.01%
64,310
– –
TSN icon
1120
Tyson Foods
TSN
$19.8B
$357K 0.01%
4,140
+80
+2% +$6.8K
HBNC icon
1121
Horizon Bancorp
HBNC
$1.05B
$355K 0.01%
+20,460
New +$340K
VBTX
1122
DELISTED
Veritex Holdings
VBTX
$355K 0.01%
14,611
+1,160
+9% +$28.6K
WLY icon
1123
John Wiley & Sons Class A
WLY
$2.63B
$355K 0.01%
8,080
-170
-2% -$7.58K
SYKE
1124
DELISTED
SYKES Enterprises Inc
SYKE
$355K 0.01%
11,600
-6,520
-36% -$188K
BRKL
1125
DELISTED
Brookline Bancorp
BRKL
$354K 0.01%
24,030
-7,440
-24% -$108K
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 Q3 2019 Portfolio in Review

As of Q3 2019, Municipal Employees' Retirement System of Michigan held 1,716 positions worth $2.62B, up 83% from $1.43B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $1.18B of net new capital in Q3 2019, opening 55 new positions and adding to 626 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 1,158,671 shares worth $346M.

By sector, the portfolio is most concentrated in Financials at 8.8% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was MarketAxess Holdings, an estimated $2.31M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q3 2019 buy was iShares Core S&P 500 ETF: 1,158,671 shares worth $346M.
  • Municipal Employees' Retirement System of Michigan added most to Foot Locker in Q3 2019, an estimated $748K increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q3 2019 reduction was MarketAxess Holdings, cutting an estimated $2.31M.
  • Municipal Employees' Retirement System of Michigan fully exited NGL Energy Partners in Q3 2019, selling an estimated $9.04M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 34% of its $2.62B portfolio in Q3 2019.
  • Municipal Employees' Retirement System of Michigan opened 55 new positions and closed 38 in Q3 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 83% quarter-over-quarter to $2.62B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q3 2019, filed 29 Oct 2019.