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
+15.07%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.5B
AUM Growth
-$189M
Cap. Flow
-$393M
Cap. Flow %
-26.17%
Top 10 Hldgs %
7.14%
Holding
1,714
New
39
Increased
483
Reduced
919
Closed
31

Top Buys

Rank Stock Value
1
WES icon
Western Midstream Partners
WES
+$6.71M
2
ENLC
ENLINK MIDSTREAM, LLC
ENLC
+$6.31M
3
AM icon
Antero Midstream
AM
+$6.08M
4
CEQP
Crestwood Equity Partners LP
CEQP
+$1.53M
5
DCP
DCP Midstream, LP
DCP
+$1.51M

Top Sells

Rank Stock Value
1
ENB icon
Enbridge
ENB
+$12.5M
2
MSFT icon
Microsoft
MSFT
+$11M
3
AAPL icon
Apple
AAPL
+$10.6M
4
AMZN icon
Amazon
AMZN
+$9.05M
5
WES
Western Gas Partners Lp
WES
+$5.68M

Sector Composition

Rank Sector Weight
1 Financials 14.21%
2 Energy 13.82%
3 Technology 13.12%
4 Industrials 13.11%
5 Consumer Discretionary 10.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FL
1326
DELISTED
Foot Locker
FL
$267K 0.02%
4,410
-1,850
-30% -$108K
BALL icon
1327
Ball Corp
BALL
$16.4B
$266K 0.02%
4,590
-4,500
-50% -$240K
IPHS
1328
DELISTED
Innophos Holdings, Inc.
IPHS
$266K 0.02%
8,820
+170
+2% +$5.1K
MCHP icon
1329
Microchip Technology
MCHP
$42.2B
$265K 0.02%
6,400
-6,060
-49% -$251K
ULTA icon
1330
Ulta Beauty
ULTA
$22.2B
$265K 0.02%
760
-750
-50% -$227K
TCMD icon
1331
Tactile Systems Technology
TCMD
$537M
$264K 0.02%
5,010
+190
+4% +$12.3K
INFO
1332
DELISTED
IHS Markit Ltd. Common Shares
INFO
$264K 0.02%
4,860
-4,720
-49% -$247K
AME icon
1333
Ametek
AME
$58.7B
$261K 0.02%
3,140
-3,000
-49% -$228K
CVU icon
1334
CPI Aerostructures
CVU
$75M
$261K 0.02%
40,140
– –
VRSN icon
1335
VeriSign
VRSN
$26B
$261K 0.02%
1,440
-1,430
-50% -$245K
CARS icon
1336
Cars.com
CARS
$672M
$260K 0.02%
11,420
-4,000
-26% -$96.8K
DY icon
1337
Dycom Industries
DY
$12.3B
$260K 0.02%
5,670
-1,840
-25% -$101K
ORN icon
1338
Orion Group Holdings
ORN
$392M
$260K 0.02%
89,130
– –
EXTR icon
1339
Extreme Networks
EXTR
$3.16B
$258K 0.02%
34,440
+720
+2% +$5.25K
SALM
1340
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
$258K 0.02%
101,150
– –
ESS icon
1341
Essex Property Trust
ESS
$18.5B
$257K 0.02%
890
-860
-49% -$235K
EVC icon
1342
Entravision Communication
EVC
$820M
$256K 0.02%
79,010
– –
GDEN
1343
DELISTED
Golden Entertainment
GDEN
$255K 0.02%
17,990
– –
SIG icon
1344
Signet Jewelers
SIG
$3.6B
$255K 0.02%
9,400
-2,930
-24% -$80.8K
CERN
1345
DELISTED
Cerner Corp
CERN
$255K 0.02%
4,460
-4,340
-49% -$242K
MMI icon
1346
Marcus & Millichap
MMI
$1.2B
$254K 0.02%
6,230
+90
+1% +$3.45K
SSTK icon
1347
Shutterstock
SSTK
$217M
$254K 0.02%
5,440
+80
+1% +$3.38K
AKS
1348
DELISTED
AK Steel Holding Corp
AKS
$254K 0.02%
92,490
+1,230
+1% +$3.49K
AWK icon
1349
American Water Works
AWK
$27.1B
$253K 0.02%
2,430
-2,420
-50% -$237K
OFG icon
1350
OFG Bancorp
OFG
$2.26B
$253K 0.02%
12,780
+170
+1% +$3.29K
52 53
54
55 56

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 2019 Portfolio in Review

As of Q1 2019, Municipal Employees' Retirement System of Michigan held 1,714 positions worth $1.5B, down 11% from $1.69B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $393M in Q1 2019, closing 31 positions and reducing 919 holdings. Its most notable exit was Enbridge, an estimated $12.5M position sold in full.

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

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Western Midstream Partners worth $6.63M.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2019 buy was Western Midstream Partners: 211,319 shares worth $6.63M.
  • Municipal Employees' Retirement System of Michigan added most to Crestwood Equity Partners LP in Q1 2019, an estimated $1.53M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2019 reduction was Microsoft, cutting an estimated $11M.
  • Municipal Employees' Retirement System of Michigan fully exited Enbridge in Q1 2019, selling an estimated $12.5M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.1% of its $1.5B portfolio in Q1 2019.
  • Municipal Employees' Retirement System of Michigan opened 39 new positions and closed 31 in Q1 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 11% quarter-over-quarter to $1.5B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2019, filed 15 May 2019.