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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
-14.27%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$1.69B
AUM Growth
–
Cap. Flow
+$1.85B
Cap. Flow
% of AUM
109.21%
Top 10 Holdings %
Top 10 Hldgs %
9.31%
Holding
1,675
New
1,674
Increased
–
Reduced
–
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$26.7M |
| 2 |
Microsoft
MSFT
|
+$25.2M |
| 3 |
Amazon
AMZN
|
+$21.3M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$14.1M |
| 5 |
Johnson & Johnson
JNJ
|
+$13.3M |
Top Sells
No sells this quarter
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.97% |
| 2 | Technology | 13.47% |
| 3 | Industrials | 12.45% |
| 4 | Healthcare | 11.35% |
| 5 | Energy | 10.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.65T
| $23.9M | 1.41% |
+235,020
| New | +$25.2M |
|
|
2
Apple
AAPL
$4.39T
| $21.8M | 1.29% |
+551,560
| New | +$26.7M |
|
|
3
Amazon
AMZN
$2.89T
| $19.2M | 1.14% |
+256,000
| New | +$21.3M |
|
|
4
Berkshire Hathaway Class B
BRK.B
$1.09T
| $13.8M | 0.82% |
+67,640
| New | +$14.1M |
|
5
Enbridge
ENB
$113B
| $12.5M | 0.74% |
+401,679
| New | +$12.9M |
|
|
6
Johnson & Johnson
JNJ
$629B
| $12.3M | 0.73% |
+95,640
| New | +$13.3M |
|
7
JPMorgan Chase
JPM
$971B
| $11.7M | 0.69% |
+119,970
| New | +$12.8M |
|
8
Alphabet (Google) Class A
GOOGL
$4.19T
| $11.4M | 0.67% |
+217,600
| New | +$11.8M |
|
9
Meta Platforms (Facebook)
META
$1.48T
| $11.2M | 0.66% |
+85,270
| New | +$12.4M |
|
10
ExxonMobil
XOM
$659B
| $10.5M | 0.62% |
+153,370
| New | +$12M |
|
11
Pfizer
PFE
$150B
| $10.1M | 0.6% |
+243,990
| New | +$10.1M |
|
12
Procter & Gamble
PG
$336B
| $9.81M | 0.58% |
+106,760
| New | +$9.54M |
|
13
Verizon
VZ
$195B
| $9.62M | 0.57% |
+171,030
| New | +$9.7M |
|
14
UnitedHealth
UNH
$364B
| $9.39M | 0.56% |
+37,700
| New | +$9.96M |
|
15
Visa
V
$671B
| $9.3M | 0.55% |
+70,510
| New | +$9.74M |
|
16
Intel
INTC
$515B
| $9.13M | 0.54% |
+194,540
| New | +$9.11M |
|
17
Bank of America
BAC
$453B
| $8.95M | 0.53% |
+363,170
| New | +$9.85M |
|
18
Merck
MRK
$330B
| $8.94M | 0.53% |
+122,543
| New | +$8.65M |
|
|
19
Alphabet (Google) Class C
GOOG
$4.18T
| $8.56M | 0.51% |
+165,260
| New | +$8.85M |
|
20
Chevron
CVX
$387B
| $8.53M | 0.5% |
+78,420
| New | +$9.08M |
|
21
AT&T
T
$166B
| $8.41M | 0.5% |
+389,960
| New | +$9.08M |
|
22
Cisco
CSCO
$487B
| $8.4M | 0.5% |
+193,770
| New | +$8.87M |
|
23
Coca-Cola
KO
$374B
| $8.2M | 0.48% |
+173,100
| New | +$8.29M |
|
24
Home Depot
HD
$343B
| $8.16M | 0.48% |
+47,470
| New | +$8.51M |
|
25
Wells Fargo
WFC
$269B
| $8.14M | 0.48% |
+176,680
| New | +$9.05M |
|
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Municipal Employees' Retirement System of Michigan's Q4 2018 Portfolio in Review
As of Q4 2018, Municipal Employees' Retirement System of Michigan held 1,675 positions worth $1.69B. Its ten largest holdings account for 9.3% of the portfolio.
Municipal Employees' Retirement System of Michigan deployed $1.85B of net new capital in Q4 2018, opening 1,674 new positions. Its largest new stake was Apple: 551,560 shares worth $21.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, followed by Technology and Industrials.
- Municipal Employees' Retirement System of Michigan's largest Q4 2018 buy was Apple: 551,560 shares worth $21.8M.
- Municipal Employees' Retirement System of Michigan's ten largest holdings make up 9.3% of its $1.69B portfolio in Q4 2018.
- Municipal Employees' Retirement System of Michigan opened 1,674 new positions and closed 0 in Q4 2018.
Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q4 2018, filed 14 Feb 2019.