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
+3.33%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.43B
AUM Growth
-$70.2M
Cap. Flow
-$98.3M
Cap. Flow %
-6.86%
Top 10 Hldgs %
7.59%
Holding
1,762
New
80
Increased
1,069
Reduced
323
Closed
101

Top Buys

Rank Stock Value
1
PYPL icon
PayPal
PYPL
+$3.57M
2
AVGO icon
Broadcom
AVGO
+$3.12M
3
AXP icon
American Express
AXP
+$2.75M
4
NKE icon
Nike
NKE
+$2.66M
5
SPTN
SpartanNash
SPTN
+$2.13M

Top Sells

Rank Stock Value
1
PSXP
PHILLIPS 66 PARTNERS LP
PSXP
+$7.28M
2
TGE
Tallgrass Energy, LP Class A Shares
TGE
+$7.2M
3
ENLC
ENLINK MIDSTREAM, LLC
ENLC
+$7.14M
4
EPD icon
Enterprise Products Partners
EPD
+$7.13M
5
BPL
Buckeye Partners, L.P.
BPL
+$7.08M

Sector Composition

Rank Sector Weight
1 Financials 16.31%
2 Technology 14.61%
3 Industrials 14.44%
4 Healthcare 10.84%
5 Consumer Discretionary 10.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ZBH icon
1226
Zimmer Biomet
ZBH
$19B
$331K 0.02%
2,894
-7,056
-71% -$826K
ES icon
1227
Eversource Energy
ES
$27.2B
$330K 0.02%
4,360
+70
+2% +$5.12K
FTV icon
1228
Fortive
FTV
$18.7B
$330K 0.02%
6,414
+111
+2% +$5.76K
OIS icon
1229
Oil States International
OIS
$526M
$330K 0.02%
18,020
+240
+1% +$4.3K
TNC icon
1230
Tennant Co
TNC
$1.15B
$330K 0.02%
5,400
+90
+2% +$5.61K
NRE
1231
DELISTED
NorthStar Realty Europe Corp.
NRE
$330K 0.02%
20,050
+5,450
+37% +$92.3K
NTCT icon
1232
NETSCOUT
NTCT
$2.89B
$329K 0.02%
12,950
+290
+2% +$7.79K
CHS
1233
DELISTED
Chicos FAS, Inc.
CHS
$329K 0.02%
97,810
+61,180
+167% +$222K
EBIX
1234
DELISTED
Ebix Inc
EBIX
$329K 0.02%
6,560
– –
IDXX icon
1235
Idexx Laboratories
IDXX
$44.7B
$328K 0.02%
1,190
-2,720
-70% -$670K
TSN icon
1236
Tyson Foods
TSN
$19.8B
$328K 0.02%
4,060
-11,640
-74% -$897K
CERN
1237
DELISTED
Cerner Corp
CERN
$327K 0.02%
4,460
– –
DLPH
1238
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
$327K 0.02%
16,360
+340
+2% +$6.96K
ARR
1239
Armour Residential REIT
ARR
$2.37B
$326K 0.02%
3,496
-1,078
-24% -$101K
BCC icon
1240
Boise Cascade
BCC
$2.94B
$326K 0.02%
11,580
-13,580
-54% -$352K
DLX icon
1241
Deluxe
DLX
$1.11B
$325K 0.02%
7,990
– –
LNTH icon
1242
Lantheus
LNTH
$6.59B
$325K 0.02%
11,480
+150
+1% +$3.81K
CRWS icon
1243
Crown Crafts
CRWS
$28.6M
$324K 0.02%
+69,000
New +$339K
TDG icon
1244
TransDigm Group
TDG
$68.9B
$324K 0.02%
670
-2,570
-79% -$1.2M
EGIO
1245
DELISTED
Edgio, Inc. Common Stock
EGIO
$324K 0.02%
+3,002
New +$359K
WRLD icon
1246
World Acceptance Corp
WRLD
$875M
$323K 0.02%
1,970
-12,650
-87% -$1.73M
MDR
1247
DELISTED
McDermott International
MDR
$323K 0.02%
33,430
-20,866
-38% -$167K
BALL icon
1248
Ball Corp
BALL
$16.4B
$321K 0.02%
4,590
– –
NAII icon
1249
Natural Alternatives International
NAII
$13.6M
$320K 0.02%
27,450
-6,610
-19% -$82.9K
UHT
1250
Universal Health Realty Income Trust
UHT
$573M
$320K 0.02%
3,770
+60
+2% +$4.93K
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 Q2 2019 Portfolio in Review

As of Q2 2019, Municipal Employees' Retirement System of Michigan held 1,762 positions worth $1.43B, down 4.7% from $1.5B the previous quarter. Its ten largest holdings account for 7.6% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $98.3M in Q2 2019, closing 101 positions and reducing 323 holdings. Its most notable exit was PHILLIPS 66 PARTNERS LP, an estimated $7.28M position sold in full.

By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 14% a quarter earlier, followed by Technology and Industrials.

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in PC Connection worth $1.5M.

  • Municipal Employees' Retirement System of Michigan's largest Q2 2019 buy was PC Connection: 43,010 shares worth $1.5M.
  • Municipal Employees' Retirement System of Michigan added most to PayPal in Q2 2019, an estimated $3.57M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2019 reduction was DuPont de Nemours, cutting an estimated $2.75M.
  • Municipal Employees' Retirement System of Michigan fully exited PHILLIPS 66 PARTNERS LP in Q2 2019, selling an estimated $7.28M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.6% of its $1.43B portfolio in Q2 2019.
  • Municipal Employees' Retirement System of Michigan opened 80 new positions and closed 101 in Q2 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 4.7% quarter-over-quarter to $1.43B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2019, filed 31 Jul 2019.