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
-0.79%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$2.06B
AUM Growth
+$59.9M
Cap. Flow
+$109M
Cap. Flow %
5.3%
Top 10 Hldgs %
7.34%
Holding
1,705
New
30
Increased
821
Reduced
51
Closed
24

Top Buys

Rank Stock Value
1
NGL icon
NGL Energy Partners
NGL
+$6.75M
2
NS
NuStar Energy L.P.
NS
+$4.92M
3
BWP
Boardwalk Pipeline Partners
BWP
+$4.28M
4
GEL icon
Genesis Energy
GEL
+$4.04M
5
DM
Dominion Energy Midstream Ptr LP
DM
+$3.78M

Top Sells

Rank Stock Value
1
NKTR icon
Nektar Therapeutics
NKTR
+$4.72M
2
SIVB
SVB Financial Group
SIVB
+$3.65M
3
TTWO icon
Take-Two Interactive
TTWO
+$3.53M
4
AFAM
Almost Family Inc
AFAM
+$3.29M
5
HII icon
Huntington Ingalls Industries
HII
+$3.11M

Sector Composition

Rank Sector Weight
1 Financials 15.44%
2 Technology 13.93%
3 Industrials 13.78%
4 Healthcare 11.28%
5 Consumer Discretionary 9.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BKE icon
1351
Buckle
BKE
$2.31B
$363K 0.02%
16,380
+680
+4% +$14.3K
SJM icon
1352
J.M. Smucker
SJM
$12.9B
$363K 0.02%
2,930
– –
ADTN icon
1353
Adtran
ADTN
$658M
$361K 0.02%
23,200
+1,210
+6% +$20.2K
BALL icon
1354
Ball Corp
BALL
$16.4B
$361K 0.02%
9,090
– –
NOV icon
1355
NOV
NOV
$7.36B
$361K 0.02%
9,820
– –
RMD icon
1356
ResMed
RMD
$32.9B
$361K 0.02%
3,670
– –
ENDP
1357
DELISTED
Endo International plc
ENDP
$361K 0.02%
60,780
– –
FSP
1358
Franklin Street Properties
FSP
$46.4M
$360K 0.02%
42,830
+2,590
+6% +$24K
HRB icon
1359
H&R Block
HRB
$6.76B
$360K 0.02%
14,160
– –
RICK icon
1360
RCI Hospitality Holdings
RICK
$230M
$360K 0.02%
12,690
– –
HTLD icon
1361
Heartland Express
HTLD
$979M
$359K 0.02%
19,970
+1,160
+6% +$24.5K
LPSN icon
1362
LivePerson
LPSN
$35.9M
$358K 0.02%
1,458
+91
+7% +$18.2K
NBHC icon
1363
National Bank Holdings
NBHC
$1.94B
$358K 0.02%
10,780
+760
+8% +$25.3K
XYL icon
1364
Xylem
XYL
$28.1B
$357K 0.02%
4,640
– –
EVHC
1365
DELISTED
Envision Healthcare Holdings Inc
EVHC
$357K 0.02%
9,300
– –
HST icon
1366
Host Hotels & Resorts
HST
$15.6B
$356K 0.02%
19,120
– –
TLYS icon
1367
Tilly's
TLYS
$122M
$355K 0.02%
31,460
– –
AXAS
1368
DELISTED
Abraxas Petroleum Corp
AXAS
$355K 0.02%
7,996
– –
TACT icon
1369
Transact Technologies
TACT
$52.5M
$354K 0.02%
27,130
– –
VRTS icon
1370
Virtus Investment Partners
VRTS
$1.14B
$354K 0.02%
2,860
+140
+5% +$17.7K
MCF
1371
DELISTED
Contango Oil & Gas Co.
MCF
$354K 0.02%
99,650
– –
JRVR icon
1372
James River Group Holdings
JRVR
$200M
$353K 0.02%
+9,960
New +$362K
MRTN icon
1373
Marten Transport
MRTN
$1.24B
$352K 0.02%
23,175
+1,410
+6% +$20.9K
DBD
1374
DELISTED
Diebold Nixdorf Incorporated
DBD
$352K 0.02%
22,840
– –
EGOV
1375
DELISTED
NIC Inc
EGOV
$352K 0.02%
26,470
+1,530
+6% +$22.7K
53 54
55
56 57

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 2018 Portfolio in Review

As of Q1 2018, Municipal Employees' Retirement System of Michigan held 1,705 positions worth $2.06B, up 3% from $2B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $109M of net new capital in Q1 2018, opening 30 new positions and adding to 821 existing holdings. Its largest new stake was NGL Energy Partners: 490,740 shares worth $5.4M.

By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was Nektar Therapeutics, an estimated $4.72M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2018 buy was NGL Energy Partners: 490,740 shares worth $5.4M.
  • Municipal Employees' Retirement System of Michigan added most to NuStar Energy L.P. in Q1 2018, an estimated $4.92M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2018 reduction was Nektar Therapeutics, cutting an estimated $4.72M.
  • Municipal Employees' Retirement System of Michigan fully exited Bioverativ Inc. Common Stock in Q1 2018, selling an estimated $1.76M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.3% of its $2.06B portfolio in Q1 2018.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 24 in Q1 2018.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 3% quarter-over-quarter to $2.06B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2018, filed 10 May 2018.