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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
+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
MDLZ icon
151
Mondelez International
MDLZ
$80.6B
– –
-36,760
Closed -$1.88M
MET icon
152
MetLife
MET
$61.6B
– –
-48,650
Closed -$1.78M
META icon
153
Meta Platforms (Facebook)
META
$1.5T
– –
-14,700
Closed -$3.34M
MGM icon
154
MGM Resorts International
MGM
$11.1B
– –
-16,730
Closed -$281K
MHK icon
155
Mohawk Industries
MHK
$9.43B
– –
-3,970
Closed -$404K
MLM icon
156
Martin Marietta Materials
MLM
$33B
– –
-3,920
Closed -$810K
MMM icon
157
3M
MMM
$93.7B
– –
-9,269
Closed -$1.21M
MNST icon
158
Monster Beverage
MNST
$91.6B
– –
-92,360
Closed -$1.6M
MRK icon
159
Merck
MRK
$333B
– –
-41,920
Closed -$3.09M
MS icon
160
Morgan Stanley
MS
$344B
– –
-36,570
Closed -$1.77M
MSFT icon
161
Microsoft
MSFT
$3.68T
– –
-16,920
Closed -$3.44M
MTB icon
162
M&T Bank
MTB
$36.7B
– –
-9,880
Closed -$1.03M
MU icon
163
Micron Technology
MU
$1.09T
– –
-12,840
Closed -$662K
NEE icon
164
NextEra Energy
NEE
$179B
– –
-54,200
Closed -$3.25M
NEM icon
165
Newmont
NEM
$121B
– –
-7,660
Closed -$473K
NFLX icon
166
Netflix
NFLX
$320B
– –
-71,500
Closed -$3.25M
NKE icon
167
Nike
NKE
$60.6B
– –
-34,980
Closed -$3.43M
NUE icon
168
Nucor
NUE
$61.6B
– –
-28,890
Closed -$1.2M
NVDA icon
169
NVIDIA
NVDA
$5.45T
– –
-395,600
Closed -$3.76M
O icon
170
Realty Income
O
$59.7B
– –
-8,019
Closed -$462K
ORCL icon
171
Oracle
ORCL
$449B
– –
-59,070
Closed -$3.27M
PEP icon
172
PepsiCo
PEP
$191B
– –
-23,230
Closed -$3.07M
PFE icon
173
Pfizer
PFE
$153B
– –
-87,113
Closed -$2.7M
PFG icon
174
Principal Financial Group
PFG
$24.4B
– –
-19,160
Closed -$796K
PG icon
175
Procter & Gamble
PG
$336B
– –
-26,950
Closed -$3.22M
5 6
7
8 9

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SFM
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AI
Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return
HI
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PEA
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SUT
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MU
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WPL
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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.