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
+4.07%
1 Year Est. Return
+13.04%
3 Year Est. Return
+34.61%
5 Year Est. Return
+23.86%
10 Year Est. Return
–
AUM
$6.24B
AUM Growth
+$250M
Cap. Flow
+$28.4M
Cap. Flow %
0.45%
Top 10 Hldgs %
85.42%
Holding
27
New
–
Increased
16
Reduced
4
Closed
–

Top Buys

Rank Stock Value
1
IEMG icon
iShares Core MSCI Emerging Markets ETF
IEMG
+$9.06M
2
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
+$3.93M
3
EMHC icon
State Street SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
+$3.13M
4
PICK icon
iShares MSCI Global Metals & Mining Producers ETF
PICK
+$3.08M
5
LEMB icon
iShares JPMorgan EM Local Currency Bond ETF
LEMB
+$1.9M

Top Sells

Rank Stock Value
1
SPTL icon
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
+$154K
2
HYBB icon
iShares BB Rated Corporate Bond ETF
HYBB
+$138K
3
SPIB icon
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
+$134K
4
MBB icon
iShares MBS ETF
MBB
+$68.7K

Sector Composition

Rank Sector Weight
1 Materials 1.03%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IVV icon
1
iShares Core S&P 500 ETF
IVV
$904B
$1.46B 23.36%
3,054,697
+2,028
+0.1% +$935K
QVML icon
2
Invesco S&P 500 QVM Multi-factor ETF
QVML
$1.53B
$843M 13.51%
30,059,406
– –
SPTS icon
3
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.11B
$744M 11.93%
24,441,491
+8,231
+0% +$251K
SPTI icon
4
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
$671M 10.75%
20,924,766
– –
IEMG icon
5
iShares Core MSCI Emerging Markets ETF
IEMG
$158B
$388M 6.22%
6,477,086
+146,763
+2% +$9.06M
EMB icon
6
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
$303M 4.87%
2,782,798
+36,037
+1% +$3.93M
IJH icon
7
iShares Core S&P Mid-Cap ETF
IJH
$128B
$253M 4.06%
4,470,810
+15,910
+0.4% +$886K
TLT icon
8
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
$231M 3.71%
1,561,218
– –
BBJP icon
9
JPMorgan BetaBuilders Japan ETF
BBJP
$19.1B
$226M 3.62%
4,095,539
– –
QVMM
10
Invesco QQQ Trust Series 1
QVMM
$443M
$213M 3.41%
8,068,531
+25,890
+0.3% +$669K
EMHC icon
11
State Street SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$290M
$179M 2.87%
6,013,263
+104,815
+2% +$3.13M
EBND icon
12
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.27B
$125M 2.01%
5,121,081
+64,602
+1% +$1.6M
VGSH icon
13
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
$109M 1.75%
1,790,364
– –
MBB icon
14
iShares MBS ETF
MBB
$39B
$72.4M 1.16%
674,024
-638
-0.1% -$68.7K
PICK icon
15
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.33B
$71.8M 1.15%
1,685,384
+73,446
+5% +$3.08M
RING icon
16
iShares MSCI Global Gold Miners ETF
RING
$2.48B
$68M 1.09%
2,523,121
+51,047
+2% +$1.36M
GATO
17
DELISTED
Gatos Silver, Inc.
GATO
$64.4M 1.03%
6,205,259
– –
QVMS
18
Invesco S&P SmallCap 600 QVM Multi-factor ETF
QVMS
$258M
$52.5M 0.84%
2,019,688
+6,226
+0.3% +$159K
LEMB icon
19
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$722M
$48.3M 0.77%
1,232,189
+46,231
+4% +$1.9M
STIP icon
20
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
$35.5M 0.57%
334,877
+781
+0.2% +$82.8K
IJR icon
21
iShares Core S&P Small-Cap ETF
IJR
$112B
$29.5M 0.47%
257,838
+1,725
+0.7% +$197K
XLE icon
22
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
$23M 0.37%
830,372
+57,776
+7% +$1.63M
HYBB icon
23
iShares BB Rated Corporate Bond ETF
HYBB
$428M
$12.5M 0.2%
241,668
-2,660
-1% -$138K
SPSB icon
24
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
$6.35M 0.1%
205,085
– –
SPIB icon
25
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
$6.28M 0.1%
173,679
-3,700
-2% -$134K
1
2

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 Q4 2021 Portfolio in Review

As of Q4 2021, Municipal Employees' Retirement System of Michigan held 27 positions worth $6.24B, up 4.2% from $5.99B the previous quarter. Its ten largest holdings account for 85% of the portfolio.

Trading was light in Q4 2021: portfolio turnover was 0%. Municipal Employees' Retirement System of Michigan opened no new positions and made no exits, leaving the 27-position portfolio largely intact.

By sector, the portfolio is most concentrated in Materials at 1% of assets, down from 1.2% a quarter earlier.

  • Municipal Employees' Retirement System of Michigan added most to iShares Core MSCI Emerging Markets ETF in Q4 2021, an estimated $9.06M increase.
  • Municipal Employees' Retirement System of Michigan's biggest Q4 2021 reduction was State Street SPDR Portfolio Long Term Treasury ETF, cutting an estimated $154K.
  • Municipal Employees' Retirement System of Michigan's ten largest holdings make up 85% of its $6.24B portfolio in Q4 2021.
  • Municipal Employees' Retirement System of Michigan opened 0 new positions and closed 0 in Q4 2021.
  • Municipal Employees' Retirement System of Michigan's portfolio value rose 4.2% quarter-over-quarter to $6.24B.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q4 2021, filed 16 Feb 2022.