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
+4.8%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.89B
AUM Growth
-$120M
Cap. Flow
-$187M
Cap. Flow %
-9.87%
Top 10 Hldgs %
7.19%
Holding
1,702
New
25
Increased
615
Reduced
884
Closed
22

Top Buys

Rank Stock Value
1
HEP
Holly Energy Partners, L.P.
HEP
+$2.88M
2
DM
Dominion Energy Midstream Ptr LP
DM
+$2.77M
3
DD icon
DuPont de Nemours
DD
+$1.59M
4
KNX icon
Knight Transportation
KNX
+$1.46M
5
BTI icon
British American Tobacco
BTI
+$1.46M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$5.71M
2
RAI
Reynolds American Inc
RAI
+$4.54M
3
PMC
PharMerica Corporation
PMC
+$3.97M
4
RMD icon
ResMed
RMD
+$3.91M
5
MSFT icon
Microsoft
MSFT
+$3.88M

Sector Composition

Rank Sector Weight
1 Financials 15.82%
2 Industrials 14.57%
3 Technology 13.4%
4 Healthcare 11.44%
5 Consumer Discretionary 9.95%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BSET icon
1226
Bassett Furniture
BSET
$170M
$429K 0.02%
11,370
– –
AZO icon
1227
AutoZone
AZO
$49.6B
$428K 0.02%
720
-220
-23% -$117K
MTRN icon
1228
Materion
MTRN
$5.88B
$428K 0.02%
9,920
+2,800
+39% +$107K
AVTA
1229
DELISTED
Avantax, Inc. Common Stock
AVTA
$428K 0.02%
16,910
+7,570
+81% +$171K
EGOV
1230
DELISTED
NIC Inc
EGOV
$428K 0.02%
24,940
+10,290
+70% +$174K
FSP
1231
Franklin Street Properties
FSP
$46.4M
$427K 0.02%
40,240
+14,920
+59% +$154K
HSIC icon
1232
Henry Schein
HSIC
$10B
$426K 0.02%
6,630
– –
WIRE
1233
DELISTED
Encore Wire Corp
WIRE
$425K 0.02%
9,490
+2,890
+44% +$122K
RGR icon
1234
Sturm, Ruger & Co
RGR
$601M
$424K 0.02%
8,200
+2,320
+39% +$122K
SAM icon
1235
Boston Beer
SAM
$1.9B
$422K 0.02%
2,700
-810
-23% -$118K
SPOK icon
1236
Spok Holdings
SPOK
$230M
$422K 0.02%
27,500
+2,990
+12% +$48.8K
STRT icon
1237
STRATTEC Security
STRT
$338M
$422K 0.02%
10,310
– –
VRA icon
1238
Vera Bradley
VRA
$94.7M
$422K 0.02%
47,980
+2,750
+6% +$25.7K
NE
1239
DELISTED
Noble Corporation
NE
$422K 0.02%
91,810
+34,110
+59% +$128K
CHCO icon
1240
City Holding Co
CHCO
$2.08B
$421K 0.02%
5,850
+2,170
+59% +$141K
AMSF icon
1241
AMERISAFE
AMSF
$504M
$420K 0.02%
7,220
+2,680
+59% +$150K
ARR
1242
Armour Residential REIT
ARR
$2.37B
$417K 0.02%
+3,104
New +$403K
GFF icon
1243
Griffon
GFF
$4.8B
$417K 0.02%
18,800
+4,350
+30% +$87.4K
KDP icon
1244
Keurig Dr Pepper
KDP
$42.3B
$415K 0.02%
4,690
-1,210
-21% -$110K
LL
1245
DELISTED
LL Flooring Holdings, Inc.
LL
$415K 0.02%
10,650
+3,980
+60% +$132K
APEI icon
1246
American Public Education
APEI
$828M
$414K 0.02%
19,670
+2,250
+13% +$45.7K
ACOR
1247
DELISTED
Acorda Therapeutics
ACOR
$414K 0.02%
146
+55
+60% +$145K
KN icon
1248
Knowles
KN
$3.23B
$413K 0.02%
27,040
-7,400
-21% -$114K
LAKE icon
1249
Lakeland Industries
LAKE
$117M
$413K 0.02%
29,270
– –
INFO
1250
DELISTED
IHS Markit Ltd. Common Shares
INFO
$413K 0.02%
9,380
-980
-9% -$45.2K
48 49
50
51 52

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 2017 Portfolio in Review

As of Q3 2017, Municipal Employees' Retirement System of Michigan held 1,702 positions worth $1.89B, down 6% from $2.01B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $187M in Q3 2017, closing 22 positions and reducing 884 holdings. Its most notable exit was Reynolds American Inc, an estimated $4.54M position sold in full.

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

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Holly Energy Partners, L.P. worth $2.89M.

  • Municipal Employees' Retirement System of Michigan's largest Q3 2017 buy was Holly Energy Partners, L.P.: 86,570 shares worth $2.89M.
  • Municipal Employees' Retirement System of Michigan added most to DuPont de Nemours in Q3 2017, an estimated $1.59M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q3 2017 reduction was Apple, cutting an estimated $5.71M.
  • Municipal Employees' Retirement System of Michigan fully exited Reynolds American Inc in Q3 2017, selling an estimated $4.54M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.2% of its $1.89B portfolio in Q3 2017.
  • Municipal Employees' Retirement System of Michigan opened 25 new positions and closed 22 in Q3 2017.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 6% quarter-over-quarter to $1.89B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q3 2017, filed 6 Nov 2017.