MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.31B
This Quarter Return
+10.77%
1 Year Return
+8.76%
3 Year Return
+28.77%
5 Year Return
+35.28%
10 Year Return
–
AUM
$5.13B
AUM Growth
+$5.13B
Cap. Flow
+$579M
Cap. Flow %
11.29%
Top 10 Hldgs %
90.65%
Holding
25
New
11
Increased
6
Reduced
4
Closed
–

Top Buys

1
IEMG icon
iShares Core MSCI Emerging Markets ETF
IEMG
$143M
2
VGK icon
Vanguard FTSE Europe ETF
VGK
$125M
3
SPTI icon
SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$114M
4
SPTS icon
SPDR Portfolio Short Term Treasury ETF
SPTS
$96.9M
5
GATO
Gatos Silver, Inc.
GATO
$80.9M

Top Sells

1
EEM icon
iShares MSCI Emerging Markets ETF
EEM
$140M
2
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
$91.2M
3
IJR icon
iShares Core S&P Small-Cap ETF
IJR
$42.5M
4
MBB icon
iShares MBS ETF
MBB
$41.2M

Sector Composition

1 Materials 1.58%
2 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
IVV icon
1
iShares Core S&P 500 ETF
IVV
$662B
$1.99B 38.74% 5,293,807 +25,350 +0.5% +$9.52M
SPTS icon
2
SPDR Portfolio Short Term Treasury ETF
SPTS
$5.91B
$707M 13.79% 23,025,051 +3,153,875 +16% +$96.9M
SPTI icon
3
SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$9.04B
$595M 11.6% 18,002,699 +3,435,473 +24% +$114M
IJH icon
4
iShares Core S&P Mid-Cap ETF
IJH
$100B
$446M 8.69% 1,938,968 -396,985 -17% -$91.2M
EMB icon
5
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$13.4B
$267M 5.21% 2,303,556 +256,141 +13% +$29.7M
BBJP icon
6
JPMorgan BetaBuilders Japan ETF
BBJP
$13.8B
$200M 3.9% 7,152,390 – –
IEMG icon
7
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
$143M 2.8% +2,310,769 New +$143M
VGK icon
8
Vanguard FTSE Europe ETF
VGK
$26.8B
$125M 2.44% +2,080,181 New +$125M
SPTL icon
9
SPDR Portfolio Long Term Treasury ETF
SPTL
$11.4B
$94M 1.83% 2,082,167 +1,363,199 +190% +$61.5M
TLT icon
10
iShares 20+ Year Treasury Bond ETF
TLT
$47.8B
$84.3M 1.64% 534,409 – –
GATO
11
DELISTED
Gatos Silver, Inc.
GATO
$80.9M 1.58% +6,205,259 New +$80.9M
USHY icon
12
iShares Broad USD High Yield Corporate Bond ETF
USHY
$25.3B
$79.7M 1.55% +1,932,319 New +$79.7M
IJR icon
13
iShares Core S&P Small-Cap ETF
IJR
$85.2B
$64.8M 1.26% 704,689 -462,164 -40% -$42.5M
PICK icon
14
iShares MSCI Global Metals & Mining Producers ETF
PICK
$820M
$59.8M 1.17% +1,621,893 New +$59.8M
MBB icon
15
iShares MBS ETF
MBB
$41B
$50M 0.97% 454,011 -374,543 -45% -$41.2M
IEUR icon
16
iShares Core MSCI Europe ETF
IEUR
$6.85B
$30.6M 0.6% 596,573 – –
FALN icon
17
iShares Fallen Angels USD Bond ETF
FALN
$1.87B
$27.3M 0.53% +929,373 New +$27.3M
HYBB icon
18
iShares BB Rated Corporate Bond ETF
HYBB
$283M
$26.1M 0.51% +500,821 New +$26.1M
RING icon
19
iShares MSCI Global Gold Miners ETF
RING
$1.91B
$22.7M 0.44% +758,455 New +$22.7M
XLE icon
20
Energy Select Sector SPDR Fund
XLE
$27.6B
$17.9M 0.35% +472,400 New +$17.9M
STIP icon
21
iShares 0-5 Year TIPS Bond ETF
STIP
$12.7B
$10.7M 0.21% 102,546 – –
EEM icon
22
iShares MSCI Emerging Markets ETF
EEM
$19B
$7.41M 0.14% 143,336 -2,716,907 -95% -$140M
SPY icon
23
SPDR S&P 500 ETF Trust
SPY
$658B
$1.97M 0.04% 5,276 +21 +0.4% +$7.85K
MLKN icon
24
MillerKnoll
MLKN
$1.43B
$3K ﹤0.01% +102 New +$3K
LLEN
25
DELISTED
L & L ENERGY INC COM STK (NV)
LLEN
$1K ﹤0.01% +48,200 New +$1K