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
+4.85%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$4.16B
AUM Growth
+$159M
Cap. Flow
-$561K
Cap. Flow %
-0.01%
Top 10 Hldgs %
98.25%
Holding
252
New
2
Increased
5
Reduced
2
Closed
238

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$666M
2
EEM icon
iShares MSCI Emerging Markets ETF
EEM
+$125M
3
SPTI icon
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
+$45.1M
4
SPTL icon
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
+$34.1M
5
SPTS icon
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
+$30M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$413M
2
GOVT icon
iShares US Treasury Bond ETF
GOVT
+$108M
3
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
+$73.5M
4
PYPL icon
PayPal
PYPL
+$3.81M
5
NVDA icon
NVIDIA
NVDA
+$3.76M

Sector Composition

Rank Sector Weight
1 Communication Services 0%
2 Consumer Discretionary 0%
3 Consumer Staples 0%
4 Energy 0%
5 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JNJ icon
126
Johnson & Johnson
JNJ
$627B
– –
-20,980
Closed -$2.95M
JNPR
127
DELISTED
Juniper Networks
JNPR
– –
-55,440
Closed -$1.27M
JPM icon
128
JPMorgan Chase
JPM
$964B
– –
-35,480
Closed -$3.34M
JWN
129
DELISTED
Nordstrom
JWN
– –
-10,510
Closed -$163K
K
130
DELISTED
Kellanova
K
– –
-11,651
Closed -$723K
KEYS icon
131
Keysight
KEYS
$60.1B
– –
-5,300
Closed -$534K
KHC icon
132
Kraft Heinz
KHC
$29.8B
– –
-19,970
Closed -$637K
KIM icon
133
Kimco Realty
KIM
$16.3B
– –
-34,560
Closed -$444K
KLAC icon
134
KLA
KLAC
$272B
– –
-31,700
Closed -$617K
KMI icon
135
Kinder Morgan
KMI
$70.5B
– –
-32,960
Closed -$500K
KMX icon
136
CarMax
KMX
$8.39B
– –
-5,320
Closed -$476K
KO icon
137
Coca-Cola
KO
$376B
– –
-68,890
Closed -$3.08M
KR icon
138
Kroger
KR
$34.8B
– –
-20,250
Closed -$685K
KSS icon
139
Kohl's
KSS
$2.14B
– –
-8,220
Closed -$171K
LEG icon
140
Leggett & Platt
LEG
$1.3B
– –
-16,510
Closed -$580K
LEN icon
141
Lennar Class A
LEN
$20.9B
– –
-8,150
Closed -$486K
LKQ icon
142
LKQ Corp
LKQ
$6.29B
– –
-14,640
Closed -$384K
LLY icon
143
Eli Lilly
LLY
$1.09T
– –
-19,580
Closed -$3.21M
LMT icon
144
Lockheed Martin
LMT
$139B
– –
-2,790
Closed -$1.02M
LNC icon
145
Lincoln National
LNC
$8.57B
– –
-14,240
Closed -$524K
LNT icon
146
Alliant Energy
LNT
$18.3B
– –
-26,620
Closed -$1.27M
LUMN icon
147
Lumen
LUMN
$6.44B
– –
-42,840
Closed -$430K
MA icon
148
Mastercard
MA
$492B
– –
-11,350
Closed -$3.36M
MAS icon
149
Masco
MAS
$14.9B
– –
-23,460
Closed -$1.18M
MCD icon
150
McDonald's
MCD
$196B
– –
-17,550
Closed -$3.24M
4 5
6
7 8

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 Q3 2020 Portfolio in Review

As of Q3 2020, Municipal Employees' Retirement System of Michigan held 252 positions worth $4.16B, up 4% from $4B the previous quarter. Its ten largest holdings account for 98% of the portfolio.

Municipal Employees' Retirement System of Michigan's Q3 2020 filing shows 2 new, 5 increased, 2 reduced and 238 closed positions. Its largest new stake was iShares MSCI Emerging Markets ETF: 2,860,243 shares worth $126M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $413M.

By sector, the portfolio is most concentrated in Communication Services at 0% of assets, down from 0.73% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.

  • Municipal Employees' Retirement System of Michigan's largest Q3 2020 buy was iShares MSCI Emerging Markets ETF: 2,860,243 shares worth $126M.
  • Municipal Employees' Retirement System of Michigan added most to iShares Core S&P 500 ETF in Q3 2020, an estimated $666M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q3 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $413M.
  • Municipal Employees' Retirement System of Michigan fully exited iShares US Treasury Bond ETF in Q3 2020, selling an estimated $108M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 98% of its $4.16B portfolio in Q3 2020.
  • Municipal Employees' Retirement System of Michigan opened 2 new positions and closed 238 in Q3 2020.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 4% quarter-over-quarter to $4.16B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q3 2020, filed 5 Oct 2020.