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
+3.76%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.3B
AUM Growth
-$172M
Cap. Flow
-$203M
Cap. Flow %
-15.65%
Top 10 Hldgs %
7.4%
Holding
1,685
New
30
Increased
36
Reduced
1,443
Closed
27

Top Buys

Rank Stock Value
1
QRVO icon
Qorvo
QRVO
+$3.15M
2
ENTA icon
Enanta Pharmaceuticals
ENTA
+$1.34M
3
BMS
Bemis
BMS
+$1.24M
4
KMI icon
Kinder Morgan
KMI
+$1.12M
5
DAN icon
Dana Inc
DAN
+$1.11M

Top Sells

Rank Stock Value
1
SWKS icon
Skyworks Solutions
SWKS
+$4.76M
2
AAPL icon
Apple
AAPL
+$4.28M
3
ENDP
Endo International plc
ENDP
+$3.74M
4
CBST
CUBIST PHARMACEUTICALS INC
CBST
+$2.48M
5
AGN
Allergan Inc
AGN
+$2.19M

Sector Composition

Rank Sector Weight
1 Financials 13.9%
2 Technology 13.85%
3 Industrials 13.45%
4 Healthcare 11.91%
5 Consumer Discretionary 11.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NX icon
1451
Quanex
NX
$981M
$140K 0.01%
7,100
-2,500
-26% -$48.2K
PBI icon
1452
Pitney Bowes
PBI
$2.3B
$140K 0.01%
6,000
-1,000
-14% -$23.3K
FTK icon
1453
Flotek Industries
FTK
$1.3B
$139K 0.01%
1,567
-450
-22% -$44K
CALY
1454
Callaway Golf Company
CALY
$2.99B
$139K 0.01%
14,600
-5,200
-26% -$44.2K
DEL
1455
DELISTED
Deltic Timber
DEL
$139K 0.01%
2,100
-800
-28% -$52K
CBB
1456
DELISTED
Cincinnati Bell Inc.
CBB
$139K 0.01%
7,880
-2,800
-26% -$46.3K
GFF icon
1457
Griffon
GFF
$4.81B
$138K 0.01%
7,900
-3,200
-29% -$49.3K
OFG icon
1458
OFG Bancorp
OFG
$2.26B
$138K 0.01%
+8,400
New +$140K
PBCT
1459
DELISTED
People's United Financial Inc
PBCT
$138K 0.01%
9,100
-1,700
-16% -$25.2K
SSI
1460
DELISTED
Stage Stores Inc
SSI
$138K 0.01%
6,000
-2,100
-26% -$45.1K
RGS icon
1461
Regis Corp
RGS
$70.9M
$137K 0.01%
420
-135
-24% -$44.1K
CHCO icon
1462
City Holding Co
CHCO
$2.07B
$136K 0.01%
2,900
-1,100
-28% -$49.8K
WIN
1463
DELISTED
Windstream Holdings Inc
WIN
$136K 0.01%
2,272
-396
-15% -$25.2K
ETD icon
1464
Ethan Allen Interiors
ETD
$583M
$135K 0.01%
4,900
-1,700
-26% -$48.4K
UHT
1465
Universal Health Realty Income Trust
UHT
$575M
$135K 0.01%
2,400
-900
-27% -$47K
NXGN
1466
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
$135K 0.01%
8,300
-2,900
-26% -$48K
XXIA
1467
DELISTED
Ixia
XXIA
$135K 0.01%
11,100
-3,300
-23% -$36.6K
CENX icon
1468
Century Aluminum
CENX
$4.76B
$134K 0.01%
9,700
-3,500
-27% -$70.5K
MNTA
1469
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
$134K 0.01%
8,800
-3,100
-26% -$40.3K
TE
1470
DELISTED
TECO ENERGY INC
TE
$134K 0.01%
6,900
-1,200
-15% -$24.2K
BH icon
1471
Biglari Holdings Class B
BH
$1.21B
$133K 0.01%
480
-195
-29% -$54.8K
WIRE
1472
DELISTED
Encore Wire Corp
WIRE
$133K 0.01%
3,500
-1,300
-27% -$44.7K
BRKL
1473
DELISTED
Brookline Bancorp
BRKL
$132K 0.01%
13,100
-4,900
-27% -$47.7K
FSLR icon
1474
First Solar
FSLR
$24.1B
$132K 0.01%
2,200
-300
-12% -$15.4K
URBN icon
1475
Urban Outfitters
URBN
$6.5B
$132K 0.01%
2,900
-600
-17% -$23.3K
57 58
59
60 61

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 Q1 2015 Portfolio in Review

As of Q1 2015, Municipal Employees' Retirement System of Michigan held 1,685 positions worth $1.3B, down 12% from $1.47B the previous quarter. Its ten largest holdings account for 7.4% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $203M in Q1 2015, closing 27 positions and reducing 1,443 holdings. Its most notable exit was CUBIST PHARMACEUTICALS INC, an estimated $2.48M position sold in full.

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

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Qorvo worth $3.52M.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2015 buy was Qorvo: 44,200 shares worth $3.52M.
  • Municipal Employees' Retirement System of Michigan added most to Bemis in Q1 2015, an estimated $1.24M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2015 reduction was Skyworks Solutions, cutting an estimated $4.76M.
  • Municipal Employees' Retirement System of Michigan fully exited CUBIST PHARMACEUTICALS INC in Q1 2015, selling an estimated $2.48M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.4% of its $1.3B portfolio in Q1 2015.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 27 in Q1 2015.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 12% quarter-over-quarter to $1.3B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2015, filed 8 May 2015.