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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
LABL
1426
DELISTED
Multi-Color Corp
LABL
$208K 0.01%
4,170
+80
+2% +$3.99K
CPRT icon
1427
Copart
CPRT
$27.5B
$207K 0.01%
11,080
– –
IIIN icon
1428
Insteel Industries
IIIN
$627M
$207K 0.01%
9,930
-13,330
-57% -$268K
L icon
1429
Loews
L
$23B
$207K 0.01%
3,790
-43,600
-92% -$2.24M
PFG icon
1430
Principal Financial Group
PFG
$24.6B
$205K 0.01%
3,540
-15,050
-81% -$829K
BR icon
1431
Broadridge
BR
$19.6B
$204K 0.01%
1,600
+30
+2% +$3.61K
LION
1432
DELISTED
Fidelity Southern Corporation
LION
$204K 0.01%
6,580
+150
+2% +$4.38K
LNW
1433
DELISTED
Light & Wonder
LNW
$203K 0.01%
10,230
+270
+3% +$5.58K
MYE icon
1434
Myers Industries
MYE
$1.25B
$203K 0.01%
10,530
-36,140
-77% -$651K
DOV icon
1435
Dover
DOV
$27.8B
$201K 0.01%
2,010
+40
+2% +$3.84K
ORIT
1436
DELISTED
Oritani Financial Corp. New
ORIT
$201K 0.01%
11,330
-5,690
-33% -$95.2K
IT icon
1437
Gartner
IT
$11.6B
$200K 0.01%
1,240
+20
+2% +$3.13K
MGM icon
1438
MGM Resorts International
MGM
$11B
$200K 0.01%
7,010
-14,170
-67% -$379K
ISCA
1439
DELISTED
International Speedway Corp
ISCA
$199K 0.01%
4,430
– –
MLM icon
1440
Martin Marietta Materials
MLM
$32.9B
$198K 0.01%
860
+10
+1% +$2.17K
HSTM icon
1441
HealthStream
HSTM
$850M
$197K 0.01%
7,610
+180
+2% +$4.73K
MMI icon
1442
Marcus & Millichap
MMI
$1.19B
$197K 0.01%
6,380
+150
+2% +$5.45K
WCG
1443
DELISTED
Wellcare Health Plans, Inc.
WCG
$197K 0.01%
690
+10
+1% +$2.76K
CAH icon
1444
Cardinal Health
CAH
$53.6B
$195K 0.01%
4,130
+100
+2% +$4.61K
BFS
1445
Saul Centers
BFS
$858M
$194K 0.01%
3,460
+30
+0.9% +$1.63K
CYTK icon
1446
Cytokinetics
CYTK
$10.3B
$194K 0.01%
17,270
+1,230
+8% +$11.9K
PAHC icon
1447
Phibro Animal Health
PAHC
$1.38B
$192K 0.01%
6,040
-3,810
-39% -$119K
TTEC icon
1448
TTEC Holdings
TTEC
$78.9M
$192K 0.01%
4,130
+110
+3% +$4.25K
RUTH
1449
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
$192K 0.01%
8,440
+100
+1% +$2.44K
GEN icon
1450
Gen Digital
GEN
$17.7B
$191K 0.01%
8,790
+200
+2% +$4.3K
56 57
58
59 60

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
HI
Horizon Investments Charlotte, North Carolina $8.92B AUM 25.62% 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

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.