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
AAPL icon
1
Apple
AAPL
$4.4T
$21.6M 1.67%
693,600
-141,600
-17% -$4.28M
XOM icon
2
ExxonMobil
XOM
$656B
$10.6M 0.82%
125,200
-23,500
-16% -$2.08M
MSFT icon
3
Microsoft
MSFT
$3.67T
$9.91M 0.76%
243,700
-43,560
-15% -$1.9M
GOOG icon
4
Alphabet (Google) Class C
GOOG
$4.19T
$9.3M 0.72%
338,326
-57,959
-15% -$1.55M
JNJ icon
5
Johnson & Johnson
JNJ
$629B
$8.33M 0.64%
82,800
-15,200
-16% -$1.55M
BRK.B icon
6
Berkshire Hathaway Class B
BRK.B
$1.09T
$7.78M 0.6%
53,900
-9,580
-15% -$1.41M
WFC icon
7
Wells Fargo
WFC
$270B
$7.59M 0.59%
139,600
-26,400
-16% -$1.43M
GE icon
8
GE Aerospace
GE
$380B
$7.45M 0.57%
61,952
-10,475
-14% -$1.25M
JPM icon
9
JPMorgan Chase
JPM
$973B
$6.69M 0.52%
110,500
-20,500
-16% -$1.21M
PG icon
10
Procter & Gamble
PG
$336B
$6.55M 0.51%
79,900
-13,800
-15% -$1.19M
PFE icon
11
Pfizer
PFE
$150B
$6.48M 0.5%
196,360
-36,363
-16% -$1.16M
VZ icon
12
Verizon
VZ
$195B
$5.97M 0.46%
122,700
-20,600
-14% -$994K
CVX icon
13
Chevron
CVX
$386B
$5.87M 0.45%
55,900
-10,000
-15% -$1.07M
META icon
14
Meta Platforms (Facebook)
META
$1.48T
$5.08M 0.39%
61,800
-5,990
-9% -$469K
T icon
15
AT&T
T
$167B
$5M 0.39%
202,969
-34,954
-15% -$888K
MRK icon
16
Merck
MRK
$331B
$4.89M 0.38%
88,346
-17,712
-17% -$1M
DIS icon
17
Walt Disney
DIS
$179B
$4.83M 0.37%
46,100
-9,700
-17% -$979K
BAC icon
18
Bank of America
BAC
$454B
$4.79M 0.37%
311,000
-53,000
-15% -$851K
KO icon
19
Coca-Cola
KO
$373B
$4.77M 0.37%
116,600
-20,990
-15% -$878K
C icon
20
Citigroup
C
$232B
$4.62M 0.36%
89,600
-15,600
-15% -$794K
INTC icon
21
Intel
INTC
$511B
$4.47M 0.34%
142,900
-29,400
-17% -$992K
HD icon
22
Home Depot
HD
$344B
$4.43M 0.34%
39,000
-8,400
-18% -$927K
GILD icon
23
Gilead Sciences
GILD
$169B
$4.38M 0.34%
44,600
-8,500
-16% -$863K
IBM icon
24
IBM
IBM
$222B
$4.37M 0.34%
28,451
-6,067
-18% -$920K
CMCSA icon
25
Comcast
CMCSA
$90.3B
$4.32M 0.33%
152,400
-27,600
-15% -$793K
1
2 3 4 5

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
IAA
Independent Advisor Alliance Charlotte, North Carolina $9.32B AUM 33.19% 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.