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
DHI icon
1126
D.R. Horton
DHI
$41.9B
$279K 0.02%
9,800
-100
-1% -$2.6K
RICK icon
1127
RCI Hospitality Holdings
RICK
$230M
$278K 0.02%
26,700
– –
BCC icon
1128
Boise Cascade
BCC
$2.94B
$277K 0.02%
7,400
-2,490
-25% -$96.3K
IQNT
1129
DELISTED
Inteliquent, Inc.
IQNT
$277K 0.02%
17,600
– –
PNFP icon
1130
Pinnacle Financial Partners Inc
PNFP
$16.2B
$276K 0.02%
6,200
-2,400
-28% -$96.4K
PKY
1131
DELISTED
Parkway, Inc.
PKY
$276K 0.02%
15,900
-5,000
-24% -$89.1K
AGX icon
1132
Argan
AGX
$7.84B
$275K 0.02%
7,600
– –
EPAC icon
1133
Enerpac Tool Group
EPAC
$1.89B
$275K 0.02%
11,600
-4,990
-30% -$123K
EXPD icon
1134
Expeditors International
EXPD
$24.3B
$275K 0.02%
5,700
-1,100
-16% -$50.6K
LEN icon
1135
Lennar Class A
LEN
$21.1B
$275K 0.02%
5,568
-840
-13% -$38.3K
CSC
1136
DELISTED
Computer Sciences
CSC
$275K 0.02%
9,967
-1,898
-16% -$52.4K
IPG
1137
DELISTED
Interpublic Group of Companies
IPG
$274K 0.02%
12,400
-2,300
-16% -$48.8K
TRIP icon
1138
TripAdvisor
TRIP
$1.29B
$274K 0.02%
3,300
-600
-15% -$47.2K
SALM
1139
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
$274K 0.02%
44,500
– –
AJRD
1140
DELISTED
Aerojet Rocketdyne Holdings
AJRD
$274K 0.02%
11,800
-3,100
-21% -$59.8K
ISCA
1141
DELISTED
International Speedway Corp
ISCA
$274K 0.02%
8,400
-690
-8% -$21.5K
EXPE icon
1142
Expedia Group
EXPE
$39.4B
$273K 0.02%
2,900
-700
-19% -$62.2K
LZB icon
1143
La-Z-Boy
LZB
$1.67B
$273K 0.02%
9,700
-3,700
-28% -$98.3K
URI icon
1144
United Rentals
URI
$69.7B
$273K 0.02%
3,000
-170
-5% -$15.3K
CBU icon
1145
Community Bank
CBU
$3.46B
$272K 0.02%
7,600
-2,800
-27% -$98.9K
ITGR icon
1146
Integer Holdings
ITGR
$4.25B
$272K 0.02%
5,156
-1,865
-27% -$88.5K
TDW icon
1147
Tidewater
TDW
$4.55B
$272K 0.02%
440
-60
-12% -$53.4K
BKE icon
1148
Buckle
BKE
$2.31B
$271K 0.02%
5,300
-1,900
-26% -$95.7K
CAL icon
1149
Caleres
CAL
$461M
$270K 0.02%
8,200
-2,400
-23% -$73.2K
HMN icon
1150
Horace Mann Educators
HMN
$2.1B
$270K 0.02%
7,900
-2,500
-24% -$80.5K
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 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.