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
+5.43%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$3.09B
AUM Growth
+$474M
Cap. Flow
+$340M
Cap. Flow %
10.99%
Top 10 Hldgs %
39.72%
Holding
1,708
New
30
Increased
1,089
Reduced
188
Closed
43

Top Buys

Rank Stock Value
1
SPTS icon
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
+$117M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$115M
3
SPTI icon
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
+$110M
4
SPTL icon
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
+$67.9M
5
VGIT icon
Vanguard Intermediate-Term Treasury ETF
VGIT
+$59.9M

Top Sells

Rank Stock Value
1
PYPL icon
PayPal
PYPL
+$3.3M
2
AVGO icon
Broadcom
AVGO
+$3.25M
3
ALLE icon
Allegion
ALLE
+$2.17M
4
NVR icon
NVR
NVR
+$2.15M
5
TMO icon
Thermo Fisher Scientific
TMO
+$2.01M

Sector Composition

Rank Sector Weight
1 Financials 8.41%
2 Technology 7.42%
3 Industrials 6.44%
4 Healthcare 5.36%
5 Consumer Discretionary 5.05%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HPR
1626
DELISTED
HighPoint Resources Corporation
HPR
$56K ﹤0.01%
658
– –
CBL
1627
DELISTED
CBL& Associates Properties, Inc.
CBL
$55K ﹤0.01%
52,590
+2,340
+5% +$3.06K
TWI icon
1628
Titan International
TWI
$438M
$53K ﹤0.01%
14,650
– –
GAP
1629
The Gap Inc
GAP
$7.34B
$51K ﹤0.01%
2,870
-11,880
-81% -$202K
UA icon
1630
Under Armour Class C
UA
$2.25B
$50K ﹤0.01%
2,581
– –
LQDT icon
1631
Liquidity Services
LQDT
$1.35B
$48K ﹤0.01%
8,070
– –
COTY icon
1632
Coty
COTY
$2.42B
$47K ﹤0.01%
4,160
– –
REI icon
1633
Ring Energy
REI
$349M
$46K ﹤0.01%
17,470
– –
AKRX
1634
DELISTED
Akorn Inc
AKRX
$43K ﹤0.01%
28,950
+780
+3% +$2.94K
TRIP icon
1635
TripAdvisor
TRIP
$1.29B
$42K ﹤0.01%
1,380
– –
KLXE icon
1636
KLX Energy Services
KLXE
$36M
$41K ﹤0.01%
1,260
– –
MAC icon
1637
Macerich
MAC
$6.99B
$38K ﹤0.01%
1,420
– –
MDR
1638
DELISTED
McDermott International
MDR
$37K ﹤0.01%
54,520
– –
ACOR
1639
DELISTED
Acorda Therapeutics
ACOR
$30K ﹤0.01%
121
+22
+22% +$5.55K
BMY.RT
1640
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
$30K ﹤0.01%
+10,040
New +$26.1K
LXU icon
1641
LSB Industries
LXU
$711M
$28K ﹤0.01%
8,619
+1,170
+16% +$3.95K
FTR
1642
DELISTED
Frontier Communications Corp.
FTR
$28K ﹤0.01%
31,500
– –
NWS icon
1643
News Corp Class B
NWS
$17.8B
$24K ﹤0.01%
1,660
– –
UNT
1644
DELISTED
UNIT Corporation
UNT
$12K ﹤0.01%
16,620
– –
NEP
1645
DELISTED
CHINA NORTH EAST PETROLEUM HLDGS LTD
NEP
$5K ﹤0.01%
30,200
– –
LLEN
1646
DELISTED
L & L ENERGY INC COM STK (NV)
LLEN
$1K ﹤0.01%
48,200
– –
ASRT
1647
DELISTED
Assertio
ASRT
– –
-312
Closed -$24K
GIFI
1648
DELISTED
Gulf Island Fabrication
GIFI
– –
-4,150
Closed -$22K
IMMR icon
1649
Immersion
IMMR
$248M
– –
-59,970
Closed -$459K
JILL icon
1650
J. Jill
JILL
$283M
– –
-18,086
Closed -$172K
64 65
66
67 68

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 Q4 2019 Portfolio in Review

As of Q4 2019, Municipal Employees' Retirement System of Michigan held 1,708 positions worth $3.09B, up 18% from $2.62B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $340M of net new capital in Q4 2019, opening 30 new positions and adding to 1,089 existing holdings. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 3,892,251 shares worth $117M.

By sector, the portfolio is most concentrated in Financials at 8.4% of assets, down from 8.8% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was PayPal, an estimated $3.3M trimmed.

  • Municipal Employees' Retirement System of Michigan's largest Q4 2019 buy was State Street SPDR Portfolio Short Term Treasury ETF: 3,892,251 shares worth $117M.
  • Municipal Employees' Retirement System of Michigan added most to iShares Core S&P 500 ETF in Q4 2019, an estimated $115M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q4 2019 reduction was PayPal, cutting an estimated $3.3M.
  • Municipal Employees' Retirement System of Michigan fully exited Genesee & Wyoming Inc. in Q4 2019, selling an estimated $1.15M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 40% of its $3.09B portfolio in Q4 2019.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 43 in Q4 2019.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 18% quarter-over-quarter to $3.09B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q4 2019, filed 3 Feb 2020.