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
-6.3%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.29B
AUM Growth
-$104M
Cap. Flow
+$7.53M
Cap. Flow %
0.59%
Top 10 Hldgs %
7.93%
Holding
1,777
New
120
Increased
1,076
Reduced
411
Closed
103

Top Buys

Rank Stock Value
1
KHC icon
Kraft Heinz
KHC
+$2.31M
2
AFFX
Affymetrix Inc
AFFX
+$2.27M
3
TVTY
Tivity Health, Inc. Common Stock
TVTY
+$2.08M
4
LHCG
LHC Group LLC
LHCG
+$1.93M
5
STC icon
Stewart Information Services
STC
+$1.72M

Top Sells

Rank Stock Value
1
AAP icon
Advance Auto Parts
AAP
+$3.63M
2
OCR
OMNICARE INC
OCR
+$2.88M
3
SIG icon
Signet Jewelers
SIG
+$2.81M
4
AFAM
Almost Family Inc
AFAM
+$2.74M
5
RKT
ROCK-TENN COMPANY CL-A
RKT
+$2.65M

Sector Composition

Rank Sector Weight
1 Financials 15.82%
2 Industrials 13.91%
3 Technology 13.22%
4 Healthcare 12.09%
5 Consumer Discretionary 10.7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RNST icon
1701
Renasant Corp
RNST
$4B
– –
-25,400
Closed -$828K
FLNA
1702
Filana Therapeutics
FLNA
$44.9M
– –
-11,629
Closed -$141K
TISI icon
1703
Team
TISI
$101M
– –
-1,080
Closed -$435K
UCTT
1704
Ultra Clean Holdings
UCTT
$4.09B
– –
-58,400
Closed -$364K
UTL icon
1705
Unitil
UTL
$997M
– –
-14,300
Closed -$472K
VPG icon
1706
Vishay Precision Group
VPG
$944M
– –
-28,890
Closed -$435K
DXYN
1707
DELISTED
Dixie Group Inc
DXYN
– –
-42,000
Closed -$441K
CPE
1708
DELISTED
Callon Petroleum Company
CPE
– –
-5,630
Closed -$468K
AAIC
1709
DELISTED
Arlington Asset Investment Corp.
AAIC
– –
-15,100
Closed -$295K
HCCI
1710
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
– –
-20,300
Closed -$298K
AUD
1711
DELISTED
Audacy, Inc.
AUD
– –
-31,300
Closed -$357K
HIL
1712
DELISTED
Hill International, Inc. Common Stock
HIL
– –
-100,800
Closed -$530K
FNHC
1713
DELISTED
FedNat Holding Company Common Stock
FNHC
– –
-16,200
Closed -$392K
CAI
1714
DELISTED
CAI International, Inc.
CAI
– –
-11,600
Closed -$239K
JMP
1715
DELISTED
JMP Group LLC
JMP
– –
-75,700
Closed -$590K
AXAS
1716
DELISTED
Abraxas Petroleum Corp
AXAS
– –
-4,895
Closed -$289K
BFYT
1717
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
– –
-68,900
Closed -$342K
GCAP
1718
DELISTED
Gain Capital Holdings, Inc.
GCAP
– –
-89,500
Closed -$856K
MNI
1719
DELISTED
The McClatchy Company Class A Common Stock
MNI
– –
-17,900
Closed -$193K
TOWR
1720
DELISTED
Tower International, Inc.
TOWR
– –
-42,100
Closed -$1.1M
TST
1721
DELISTED
TheStreet, Inc.
TST
– –
-10,770
Closed -$195K
LION
1722
DELISTED
Fidelity Southern Corporation
LION
– –
-26,700
Closed -$466K
ECYT
1723
DELISTED
Endocyte, Inc. Common Stock
ECYT
– –
-117,500
Closed -$610K
GPT
1724
DELISTED
Gramercy Property Trust
GPT
– –
-6,125
Closed -$429K
GST
1725
DELISTED
Gastar Exploration Inc.
GST
– –
-93,300
Closed -$288K
67 68
69
70 71

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 2015 Portfolio in Review

As of Q3 2015, Municipal Employees' Retirement System of Michigan held 1,777 positions worth $1.29B, down 7.5% from $1.39B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.

Municipal Employees' Retirement System of Michigan's Q3 2015 filing shows 120 new, 1,076 increased, 411 reduced and 103 closed positions. Its largest new stake was Kraft Heinz: 30,630 shares worth $2.16M. The largest sale was Advance Auto Parts, an estimated $3.63M.

By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Industrials and Technology.

  • Municipal Employees' Retirement System of Michigan's largest Q3 2015 buy was Kraft Heinz: 30,630 shares worth $2.16M.
  • Municipal Employees' Retirement System of Michigan added most to Affymetrix Inc in Q3 2015, an estimated $2.27M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q3 2015 reduction was Advance Auto Parts, cutting an estimated $3.63M.
  • Municipal Employees' Retirement System of Michigan fully exited OMNICARE INC in Q3 2015, selling an estimated $2.88M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.9% of its $1.29B portfolio in Q3 2015.
  • Municipal Employees' Retirement System of Michigan opened 120 new positions and closed 103 in Q3 2015.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 7.5% quarter-over-quarter to $1.29B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q3 2015, filed 5 Nov 2015.