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
+2.91%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.29B
AUM Growth
+$303M
Cap. Flow
+$280M
Cap. Flow %
21.78%
Top 10 Hldgs %
7.95%
Holding
1,672
New
768
Increased
659
Reduced
141
Closed
5

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$3.55M
2
STC icon
Stewart Information Services
STC
+$2.48M
3
PMC
PharMerica Corporation
PMC
+$2.33M
4
PTRY
PANTRY INC (THE)
PTRY
+$1.92M
5
SPTN
SpartanNash
SPTN
+$1.67M

Top Sells

Rank Stock Value
1
BFH icon
Bread Financial
BFH
+$3.15M
2
TSCO icon
Tractor Supply
TSCO
+$2.37M
3
MHK icon
Mohawk Industries
MHK
+$2.09M
4
HMA
HEALTH MGMT ASSOC INC CL-A
HMA
+$934K
5
LPS
LENDER PROCESSING SERVICES INC
LPS
+$875K

Sector Composition

Rank Sector Weight
1 Financials 14.34%
2 Industrials 13.9%
3 Technology 13.06%
4 Healthcare 10.79%
5 Consumer Discretionary 10.13%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CIR
1126
DELISTED
CIRCOR International, Inc
CIR
$315K 0.02%
+4,300
New +$321K
RSG icon
1127
Republic Services
RSG
$65.9B
$314K 0.02%
9,200
-600
-6% -$19.9K
UNM icon
1128
Unum
UNM
$14.7B
$314K 0.02%
8,900
-200
-2% -$6.83K
WAT icon
1129
Waters Corp
WAT
$40.6B
$314K 0.02%
2,900
– –
EPAY
1130
DELISTED
Bottomline Technologies Inc
EPAY
$313K 0.02%
+8,900
New +$310K
CLD
1131
DELISTED
Cloud Peak Energy Inc
CLD
$313K 0.02%
+14,800
New +$278K
CNX icon
1132
CNX Resources
CNX
$5.23B
$312K 0.02%
9,360
+240
+3% +$7.74K
BKE icon
1133
Buckle
BKE
$2.31B
$311K 0.02%
+6,800
New +$310K
IIIN icon
1134
Insteel Industries
IIIN
$634M
$311K 0.02%
+15,800
New +$311K
FMBI
1135
DELISTED
First Midwest Bancorp Inc/IL
FMBI
$311K 0.02%
+18,200
New +$306K
BRC icon
1136
Brady Corp
BRC
$4.43B
$310K 0.02%
+11,400
New +$320K
MATW icon
1137
Matthews International
MATW
$722M
$310K 0.02%
7,600
+100
+1% +$4.13K
SWY
1138
DELISTED
SAFEWAY INC
SWY
$310K 0.02%
9,383
+447
+5% +$13.9K
ENZN
1139
DELISTED
ENZON PHARMACEUTICALS INC
ENZN
$309K 0.02%
+299,600
New +$309K
MCGC
1140
DELISTED
MCG CAP CORP
MCGC
$309K 0.02%
+81,500
New +$347K
LRCX icon
1141
Lam Research
LRCX
$422B
$308K 0.02%
56,000
+2,000
+4% +$10.6K
WU icon
1142
Western Union
WU
$2.34B
$308K 0.02%
18,800
-100
-0.5% -$1.63K
KND
1143
DELISTED
Kindred Healthcare
KND
$307K 0.02%
+13,100
New +$271K
CRUS icon
1144
Cirrus Logic
CRUS
$6.08B
$306K 0.02%
+15,400
New +$293K
FTK icon
1145
Flotek Industries
FTK
$1.25B
$306K 0.02%
+1,833
New +$258K
JWN
1146
DELISTED
Nordstrom
JWN
$306K 0.02%
4,900
-100
-2% -$6.02K
EA
1147
DELISTED
Electronic Arts
EA
$305K 0.02%
10,500
+500
+5% +$13.4K
MDC
1148
DELISTED
M.D.C. Holdings, Inc.
MDC
$305K 0.02%
14,999
+138
+0.9% +$2.95K
AWR icon
1149
American States Water
AWR
$3.52B
$304K 0.02%
+9,400
New +$275K
DIN icon
1150
Dine Brands
DIN
$440M
$304K 0.02%
+3,900
New +$315K
44 45
46
47 48

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 2014 Portfolio in Review

As of Q1 2014, Municipal Employees' Retirement System of Michigan held 1,672 positions worth $1.29B, up 31% from $982M the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $280M of net new capital in Q1 2014, opening 768 new positions and adding to 659 existing holdings. Its largest new stake was Meta Platforms (Facebook): 56,100 shares worth $3.38M.

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

On the sell side, the largest reduction was Bread Financial, an estimated $3.15M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2014 buy was Meta Platforms (Facebook): 56,100 shares worth $3.38M.
  • Municipal Employees' Retirement System of Michigan added most to Teradyne in Q1 2014, an estimated $899K increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2014 reduction was Bread Financial, cutting an estimated $3.15M.
  • Municipal Employees' Retirement System of Michigan fully exited HEALTH MGMT ASSOC INC CL-A in Q1 2014, selling an estimated $934K.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.9% of its $1.29B portfolio in Q1 2014.
  • Municipal Employees' Retirement System of Michigan opened 768 new positions and closed 5 in Q1 2014.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 31% quarter-over-quarter to $1.29B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2014, filed 13 May 2014.