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
AAPL icon
1
Apple
AAPL
$4.45T
$18.6M 1%
778,680
+63,320
+9% +$1.57M
XOM icon
2
ExxonMobil
XOM
$657B
$15M 0.81%
159,790
+18,940
+13% +$1.67M
MSFT icon
3
Microsoft
MSFT
$3.74T
$14.9M 0.81%
291,880
+26,860
+10% +$1.4M
JNJ icon
4
Johnson & Johnson
JNJ
$626B
$13.2M 0.71%
108,650
+13,620
+14% +$1.55M
GE icon
5
GE Aerospace
GE
$382B
$11.7M 0.63%
76,861
+9,042
+13% +$1.32M
AMZN icon
6
Amazon
AMZN
$2.94T
$11.6M 0.63%
324,200
+51,400
+19% +$1.74M
T icon
7
AT&T
T
$168B
$11.1M 0.6%
339,785
+50,339
+17% +$1.5M
BRK.B icon
8
Berkshire Hathaway Class B
BRK.B
$1.11T
$11M 0.59%
76,060
+11,030
+17% +$1.58M
META icon
9
Meta Platforms (Facebook)
META
$1.53T
$10.7M 0.58%
93,760
+12,840
+16% +$1.48M
VZ icon
10
Verizon
VZ
$196B
$9.74M 0.53%
174,360
+27,590
+19% +$1.43M
JPM icon
11
JPMorgan Chase
JPM
$962B
$9.72M 0.52%
156,470
+27,960
+22% +$1.75M
PG icon
12
Procter & Gamble
PG
$338B
$9.54M 0.51%
112,610
+17,420
+18% +$1.43M
PFE icon
13
Pfizer
PFE
$152B
$9.31M 0.5%
278,720
+51,372
+23% +$1.64M
WFC icon
14
Wells Fargo
WFC
$264B
$9.29M 0.5%
196,350
+35,400
+22% +$1.73M
CVX icon
15
Chevron
CVX
$386B
$8.88M 0.48%
84,700
+14,400
+20% +$1.45M
GOOGL icon
16
Alphabet (Google) Class A
GOOGL
$4.2T
$8.71M 0.47%
247,600
+38,800
+19% +$1.42M
KO icon
17
Coca-Cola
KO
$372B
$7.97M 0.43%
174,390
+30,060
+21% +$1.36M
MRK icon
18
Merck
MRK
$322B
$7.58M 0.41%
136,858
+27,656
+25% +$1.47M
CMCSA icon
19
Comcast
CMCSA
$91B
$7.49M 0.4%
229,660
+47,060
+26% +$1.46M
PM icon
20
Philip Morris
PM
$290B
$7.46M 0.4%
72,570
+13,160
+22% +$1.31M
INTC icon
21
Intel
INTC
$493B
$7.37M 0.4%
224,710
+45,980
+26% +$1.44M
HD icon
22
Home Depot
HD
$353B
$7.29M 0.39%
57,060
+9,810
+21% +$1.3M
PEP icon
23
PepsiCo
PEP
$189B
$7.26M 0.39%
68,560
+13,800
+25% +$1.42M
CSCO icon
24
Cisco
CSCO
$475B
$7.02M 0.38%
244,600
+51,930
+27% +$1.46M
DIS icon
25
Walt Disney
DIS
$179B
$7.01M 0.38%
71,640
+16,190
+29% +$1.62M
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
Axiom Investors Greenwich, Connecticut $8.99B AUM 44.68% 1-Year Est. Return
AI
Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return
LCAM
London & Capital Asset Management London, United Kingdom $9.18B AUM 25.04% 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

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.