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
+3.76%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.3B
AUM Growth
-$172M
Cap. Flow
-$203M
Cap. Flow %
-15.65%
Top 10 Hldgs %
7.4%
Holding
1,685
New
30
Increased
36
Reduced
1,443
Closed
27

Top Buys

Rank Stock Value
1
QRVO icon
Qorvo
QRVO
+$3.15M
2
ENTA icon
Enanta Pharmaceuticals
ENTA
+$1.34M
3
BMS
Bemis
BMS
+$1.24M
4
KMI icon
Kinder Morgan
KMI
+$1.12M
5
DAN icon
Dana Inc
DAN
+$1.11M

Top Sells

Rank Stock Value
1
SWKS icon
Skyworks Solutions
SWKS
+$4.76M
2
AAPL icon
Apple
AAPL
+$4.28M
3
ENDP
Endo International plc
ENDP
+$3.74M
4
CBST
CUBIST PHARMACEUTICALS INC
CBST
+$2.48M
5
AGN
Allergan Inc
AGN
+$2.19M

Sector Composition

Rank Sector Weight
1 Financials 13.9%
2 Technology 13.85%
3 Industrials 13.45%
4 Healthcare 11.91%
5 Consumer Discretionary 11.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TGT icon
201
Target
TGT
$70.7B
$1.54M 0.12%
18,800
-3,100
-14% -$239K
DHR icon
202
Danaher
DHR
$144B
$1.54M 0.12%
26,930
-4,017
-13% -$230K
NEU icon
203
NewMarket
NEU
$8.8B
$1.53M 0.12%
3,200
-280
-8% -$126K
ANGO icon
204
AngioDynamics
ANGO
$658M
$1.53M 0.12%
85,800
-1,720
-2% -$32K
JBLU icon
205
JetBlue
JBLU
$2.21B
$1.52M 0.12%
79,100
-550
-0.7% -$9.36K
KRFT
206
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
$1.52M 0.12%
17,400
-3,200
-16% -$211K
SIRO
207
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
$1.51M 0.12%
16,800
-1,170
-7% -$106K
TFX icon
208
Teleflex
TFX
$5.77B
$1.51M 0.12%
12,500
-940
-7% -$109K
VYX icon
209
NCR Voyix
VYX
$1.16B
$1.5M 0.12%
83,130
-5,787
-7% -$101K
SVC
210
Service Properties Trust
SVC
$1.09B
$1.5M 0.12%
9,144
-646
-7% -$103K
AOS icon
211
A.O. Smith
AOS
$8.51B
$1.5M 0.12%
45,600
-3,540
-7% -$108K
GM icon
212
General Motors
GM
$76.4B
$1.5M 0.12%
39,900
-5,600
-12% -$204K
GWR
213
DELISTED
Genesee & Wyoming Inc.
GWR
$1.5M 0.12%
15,500
-1,080
-7% -$101K
EV
214
DELISTED
Eaton Vance Corp.
EV
$1.49M 0.12%
35,800
-2,760
-7% -$114K
EOG icon
215
EOG Resources
EOG
$74.1B
$1.49M 0.11%
16,200
-2,700
-14% -$244K
TCO
216
DELISTED
Taubman Centers Inc.
TCO
$1.48M 0.11%
19,200
-1,350
-7% -$106K
CRI icon
217
Carter's
CRI
$1.45B
$1.48M 0.11%
16,000
-1,250
-7% -$108K
STLD icon
218
Steel Dynamics
STLD
$37.7B
$1.47M 0.11%
72,800
-5,150
-7% -$96K
EGN
219
DELISTED
Energen
EGN
$1.47M 0.11%
22,200
-1,560
-7% -$100K
CBOE icon
220
Cboe Global Markets
CBOE
$30.5B
$1.46M 0.11%
25,500
-2,160
-8% -$135K
FTNT icon
221
Fortinet
FTNT
$120B
$1.46M 0.11%
209,500
-13,900
-6% -$90.7K
ULTI
222
DELISTED
Ultimate Software Group Inc
ULTI
$1.46M 0.11%
8,600
-570
-6% -$90.4K
DCI icon
223
Donaldson
DCI
$11.1B
$1.46M 0.11%
38,700
-4,500
-10% -$169K
ZBRA icon
224
Zebra Technologies
ZBRA
$18.1B
$1.45M 0.11%
16,000
-480
-3% -$41.5K
BC icon
225
Brunswick
BC
$5.25B
$1.45M 0.11%
28,100
-2,090
-7% -$111K
7 8
9
10 11

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 Q1 2015 Portfolio in Review

As of Q1 2015, Municipal Employees' Retirement System of Michigan held 1,685 positions worth $1.3B, down 12% from $1.47B the previous quarter. Its ten largest holdings account for 7.4% of the portfolio.

Municipal Employees' Retirement System of Michigan withdrew a net $203M in Q1 2015, closing 27 positions and reducing 1,443 holdings. Its most notable exit was CUBIST PHARMACEUTICALS INC, an estimated $2.48M position sold in full.

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

Against the trend, Municipal Employees' Retirement System of Michigan opened a new position in Qorvo worth $3.52M.

  • Municipal Employees' Retirement System of Michigan's largest Q1 2015 buy was Qorvo: 44,200 shares worth $3.52M.
  • Municipal Employees' Retirement System of Michigan added most to Bemis in Q1 2015, an estimated $1.24M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q1 2015 reduction was Skyworks Solutions, cutting an estimated $4.76M.
  • Municipal Employees' Retirement System of Michigan fully exited CUBIST PHARMACEUTICALS INC in Q1 2015, selling an estimated $2.48M.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 7.4% of its $1.3B portfolio in Q1 2015.
  • Municipal Employees' Retirement System of Michigan opened 30 new positions and closed 27 in Q1 2015.
  • Municipal Employees' Retirement System of Michigan's portfolio value fell 12% quarter-over-quarter to $1.3B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q1 2015, filed 8 May 2015.