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
+5.45%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.85B
AUM Growth
+$356M
Cap. Flow
+$294M
Cap. Flow %
15.88%
Top 10 Hldgs %
6.88%
Holding
1,781
New
28
Increased
1,420
Reduced
173
Closed
96

Top Buys

Rank Stock Value
1
TEP
Tallgrass Energy Partners, LP
TEP
+$3.98M
2
BWP
Boardwalk Pipeline Partners
BWP
+$3.93M
3
RTX icon
RTX Corp
RTX
+$2.48M
4
HON icon
Honeywell
HON
+$2.48M
5
SBUX icon
Starbucks
SBUX
+$2.27M

Top Sells

Rank Stock Value
1
JAH
JARDEN CORPORATION
JAH
+$4.06M
2
AYI icon
Acuity Brands
AYI
+$3.3M
3
CNC icon
Centene
CNC
+$3.2M
4
LKQ icon
LKQ Corp
LKQ
+$3M
5
GPN icon
Global Payments
GPN
+$2.82M

Sector Composition

Rank Sector Weight
1 Financials 14.06%
2 Industrials 12.58%
3 Technology 12.24%
4 Healthcare 11.55%
5 Consumer Discretionary 9.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MS icon
176
Morgan Stanley
MS
$346B
$2.29M 0.12%
87,980
+24,740
+39% +$647K
SYK icon
177
Stryker
SYK
$131B
$2.29M 0.12%
19,020
+4,400
+30% +$492K
IM
178
DELISTED
Ingram Micro
IM
$2.29M 0.12%
65,710
+16,250
+33% +$566K
EPR icon
179
EPR Properties
EPR
$4.74B
$2.28M 0.12%
28,180
+7,080
+34% +$498K
HAIN icon
180
Hain Celestial
HAIN
$54.9M
$2.28M 0.12%
45,800
+11,430
+33% +$529K
HIW icon
181
Highwoods Properties
HIW
$3.5B
$2.28M 0.12%
43,140
+11,090
+35% +$534K
CASY icon
182
Casey's General Stores
CASY
$31.4B
$2.27M 0.12%
17,270
+4,260
+33% +$495K
DD icon
183
DuPont de Nemours
DD
$19.5B
$2.27M 0.12%
17,841
+2,531
+17% +$333K
F icon
184
Ford
F
$55.7B
$2.25M 0.12%
178,940
+37,670
+27% +$497K
RNR icon
185
RenaissanceRe
RNR
$13.3B
$2.24M 0.12%
19,090
+4,710
+33% +$540K
ACN icon
186
Accenture
ACN
$110B
$2.23M 0.12%
19,700
+370
+2% +$42.9K
DEI icon
187
Douglas Emmett
DEI
$1.99B
$2.22M 0.12%
62,150
+15,490
+33% +$510K
EPC icon
188
Edgewell Personal Care
EPC
$1.34B
$2.22M 0.12%
26,290
+6,510
+33% +$526K
LOW icon
189
Lowe's Companies
LOW
$122B
$2.22M 0.12%
28,030
-90
-0.3% -$6.96K
SON icon
190
Sonoco
SON
$5.75B
$2.21M 0.12%
44,600
+10,940
+33% +$519K
ATR icon
191
AptarGroup
ATR
$8.42B
$2.21M 0.12%
27,980
+7,040
+34% +$545K
OA
192
DELISTED
Orbital ATK, Inc.
OA
$2.21M 0.12%
25,910
+6,310
+32% +$550K
KEYS icon
193
Keysight
KEYS
$60.8B
$2.19M 0.12%
75,350
+18,250
+32% +$516K
DHC
194
Diversified Healthcare Trust
DHC
$2.03B
$2.19M 0.12%
105,140
+26,000
+33% +$484K
TJX icon
195
TJX Companies
TJX
$169B
$2.19M 0.12%
56,700
+8,820
+18% +$337K
SIVB
196
DELISTED
SVB Financial Group
SIVB
$2.18M 0.12%
22,950
+5,750
+33% +$588K
ESRX
197
DELISTED
Express Scripts Holding Company
ESRX
$2.18M 0.12%
28,810
+8,270
+40% +$608K
EWBC icon
198
East-West Bancorp
EWBC
$18.6B
$2.18M 0.12%
63,800
+15,840
+33% +$571K
PII icon
199
Polaris
PII
$3.92B
$2.18M 0.12%
26,620
+6,490
+32% +$575K
CPRT icon
200
Copart
CPRT
$27B
$2.16M 0.12%
352,400
+80,560
+30% +$452K
6 7
8
9 10

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 Q2 2016 Portfolio in Review

As of Q2 2016, Municipal Employees' Retirement System of Michigan held 1,781 positions worth $1.85B, up 24% from $1.5B the previous quarter. Its ten largest holdings account for 6.9% of the portfolio.

Municipal Employees' Retirement System of Michigan deployed $294M of net new capital in Q2 2016, opening 28 new positions and adding to 1,420 existing holdings. Its largest new stake was Tallgrass Energy Partners, LP: 91,940 shares worth $4.23M.

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

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

  • Municipal Employees' Retirement System of Michigan's largest Q2 2016 buy was Tallgrass Energy Partners, LP: 91,940 shares worth $4.23M.
  • Municipal Employees' Retirement System of Michigan added most to RTX Corp in Q2 2016, an estimated $2.48M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q2 2016 reduction was Acuity Brands, cutting an estimated $3.3M.
  • Municipal Employees' Retirement System of Michigan fully exited JARDEN CORPORATION in Q2 2016, selling an estimated $4.06M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 6.9% of its $1.85B portfolio in Q2 2016.
  • Municipal Employees' Retirement System of Michigan opened 28 new positions and closed 96 in Q2 2016.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 24% quarter-over-quarter to $1.85B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2016, filed 15 Aug 2016.