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
MKC icon
1351
McCormick & Company Non-Voting
MKC
$14.6B
$262K 0.02%
3,380
+100
+3% +$7.71K
TRHC
1352
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
$262K 0.02%
5,250
+90
+2% +$4.48K
HSY icon
1353
Hershey
HSY
$37.4B
$259K 0.02%
1,930
-7,580
-80% -$963K
AMCR icon
1354
Amcor
AMCR
$21.4B
$258K 0.02%
+4,496
New +$250K
FAST icon
1355
Fastenal
FAST
$58.9B
$258K 0.02%
15,860
-42,220
-73% -$696K
RSG icon
1356
Republic Services
RSG
$65.9B
$258K 0.02%
2,980
-24,220
-89% -$2.02M
NTUS
1357
DELISTED
Natus Medical Inc
NTUS
$258K 0.02%
10,060
+230
+2% +$5.86K
RTEC
1358
DELISTED
Rudolph Technologies Inc
RTEC
$258K 0.02%
9,350
-25,290
-73% -$616K
HTLD icon
1359
Heartland Express
HTLD
$979M
$257K 0.02%
14,210
+200
+1% +$3.82K
CAL icon
1360
Caleres
CAL
$461M
$256K 0.02%
12,830
+170
+1% +$3.93K
LMNX
1361
DELISTED
Luminex Corp
LMNX
$256K 0.02%
12,380
+230
+2% +$5.05K
ONTO icon
1362
Onto Innovation
ONTO
$20.6B
$253K 0.02%
7,290
-17,870
-71% -$571K
MGPI icon
1363
MGP Ingredients
MGPI
$389M
$251K 0.02%
3,790
+80
+2% +$5.63K
VMC icon
1364
Vulcan Materials
VMC
$36B
$251K 0.02%
1,830
+40
+2% +$5.11K
AHRT
1365
AH Realty Trust
AHRT
$506M
$249K 0.02%
15,060
+260
+2% +$4.23K
CHD icon
1366
Church & Dwight Co
CHD
$24B
$249K 0.02%
3,410
+80
+2% +$5.95K
ICHR icon
1367
Ichor Holdings
ICHR
$2.67B
$248K 0.02%
10,490
-40,240
-79% -$940K
SAFE
1368
Safehold
SAFE
$1.1B
$248K 0.02%
4,094
– –
WERN icon
1369
Werner Enterprises
WERN
$2.31B
$248K 0.02%
7,990
– –
HOUS
1370
DELISTED
Anywhere Real Estate
HOUS
$246K 0.02%
33,950
+12,410
+58% +$116K
TLYS icon
1371
Tilly's
TLYS
$122M
$245K 0.02%
32,110
+7,850
+32% +$79.4K
ENDP
1372
DELISTED
Endo International plc
ENDP
$245K 0.02%
59,490
+960
+2% +$6.06K
KELYA icon
1373
Kelly Services Class A
KELYA
$566M
$243K 0.02%
9,290
+150
+2% +$3.59K
CHEF icon
1374
Chefs' Warehouse
CHEF
$4.57B
$241K 0.02%
6,870
-48,190
-88% -$1.59M
PBI icon
1375
Pitney Bowes
PBI
$2.28B
$240K 0.02%
56,070
+22,100
+65% +$119K
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 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.