Latest Municipal Employees' Retirement System of Michigan Stock Portfolio
Municipal Employees' Retirement System of Michigan Performance:
2024 Q3: 1.11%YTD: 0.72%2023: 4.32%
Performance for 2024 Q3 is 1.11%, and YTD is 0.72%, and 2023 is 4.32%.
About Municipal Employees' Retirement System of Michigan and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Municipal Employees' Retirement System of Michigan reported an equity portfolio of $7.6 Billions as of 30 Sep, 2024.
The top stock holdings of Municipal Employees' Retirement System of Michigan are BAB, IJR, BIL. The fund has invested 13.6% of it's portfolio in INVESCO SP 500 QVM MULTIFA and 10.9% of portfolio in ISHARES CORE SP 500 ETF.
They significantly reduced their stock positions in ISHARES MSCI GLOBAL GOLD MIN (EMGF), JPMORGAN BETABUILDERS EUROPE (BBAX) and SPDR BLOOMBERG EM USD BOND (BIL). The fund showed a lot of confidence in some stocks as they added substantially to SIMPLIFY MBS ETF (AGGH), ENERGY SELECT SECTOR SPDR (XLB) and ISHARES 05 YEAR TIPS BOND E (AMPS).
The top stock holdings of Municipal Employees' Retirement System of Michigan are BAB, IJR, BIL. The fund has invested 13.6% of it's portfolio in INVESCO SP 500 QVM MULTIFA and 10.9% of portfolio in ISHARES CORE SP 500 ETF.
They significantly reduced their stock positions in ISHARES MSCI GLOBAL GOLD MIN (EMGF), JPMORGAN BETABUILDERS EUROPE (BBAX) and SPDR BLOOMBERG EM USD BOND (BIL). The fund showed a lot of confidence in some stocks as they added substantially to SIMPLIFY MBS ETF (AGGH), ENERGY SELECT SECTOR SPDR (XLB) and ISHARES 05 YEAR TIPS BOND E (AMPS).
Municipal Employees' Retirement System of Michigan Annual Return Estimates Vs S&P 500
Our best estimate is that Municipal Employees' Retirement System of Michigan made a return of 1.11% in the last quarter. In trailing 12 months, it's portfolio return was 3.04%.
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| simplify mbs etf | 161 |
| energy select sector spdr | 14.19 |
| ishares 05 year tips bond e | 10.21 |
| spdr port shrt trm corp bnd | 8.31 |
| ishares mbs etf | 6.98 |
| spdr portfolio sp 400 mid c | 5.00 |
| spdr portfolio sp 600 small | 4.1 |
| spdr portfolio developed wor | 3.41 |
Additions to existing portfolio by Municipal Employees' Retirement System of Michigan
Reductions
| Ticker | % Reduced |
|---|---|
| ishares msci global gold min | -43.02 |
| jpmorgan betabuilders europe | -24.28 |
| spdr bloomberg em usd bond | -19.71 |
| ishares bb rated corp bond | -18.71 |
| spdr portfolio high yield bo | -16.09 |
| ishares core sp 500 etf | -2.36 |
| spdr portfolio emerging mark | -2.13 |
| vanguard longterm treasury | -0.74 |
Municipal Employees' Retirement System of Michigan reduced stake in above stock
Sold off
Sector Distribution
Municipal Employees' Retirement System of Michigan has about 98.6% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 98.6 |
| Basic Materials | 1.2 |
Market Cap. Distribution
Municipal Employees' Retirement System of Michigan has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 98.6 |
| SMALL-CAP | 1.4 |
Stocks belong to which Index?
About 0% of the stocks held by Municipal Employees' Retirement System of Michigan either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 99.8 |
Municipal Employees' Retirement System of Michigan Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Municipal Employees' Retirement System of Michigan
Municipal Employees' Retirement System of Michigan has 49 stocks in it's portfolio. About 67.7% of the portfolio is in top 10 stocks. XLB proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for Municipal Employees' Retirement System of Michigan last quarter.
Last Reported on: 12 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAXJ | ishares jp morgan usd emergi | 1.91 | 1,547,550 | 144,820,000 | unchanged | 0.00 | ||
| AAXJ | ishares mbs etf | 0.10 | 80,099 | 7,674,000 | added | 6.98 | ||
| ACWF | ishares core msci pacific et | 5.62 | 6,404,810 | 426,496,000 | unchanged | 0.00 | ||
| AGGH | simplify mbs etf | 2.13 | 3,139,250 | 161,609,000 | added | 161 | ||
| AMPS | ishares 05 year tips bond e | 0.16 | 120,426 | 12,201,000 | added | 10.21 | ||
| BAB | invesco sp 500 qvm multifa | 13.59 | 30,373,400 | 1,030,440,000 | added | 0.28 | ||
| BAB | invesco sp midcap 400 qvm m | 4.15 | 10,882,600 | 314,524,000 | added | 0.32 | ||
| BAB | invesco sp smallcap 600 qvm | 2.56 | 7,114,410 | 194,402,000 | added | 0.31 | ||
| BBAX | jpmorgan betabuilders europe | 1.68 | 2,042,690 | 127,341,000 | reduced | -24.28 | ||
| BBAX | jpmorgan betabuilders develo | 0.65 | 910,009 | 49,168,000 | unchanged | 0.00 | ||
| BGRN | ishares bb rated corp bond | 0.02 | 28,510 | 1,350,000 | reduced | -18.71 | ||
| BIL | spdr port int treasury term | 10.12 | 26,424,300 | 767,891,000 | unchanged | 0.00 | ||
| BIL | spdr port shrt trm trsry | 8.42 | 21,711,700 | 638,541,000 | added | 0.07 | ||
| BIL | spdr port lng trm trsry | 4.89 | 12,764,500 | 371,063,000 | unchanged | 0.00 | ||
| BIL | spdr bloomberg em usd bond | 2.14 | 6,479,290 | 162,565,000 | reduced | -19.71 | ||
| BIL | spdr portfolio high yield bo | 0.39 | 1,238,280 | 29,780,000 | reduced | -16.09 | ||
| BIL | spdr portfolio sp 500 etf | 0.17 | 188,205 | 12,706,000 | reduced | -0.06 | ||
| BIL | spdr port shrt trm corp bnd | 0.10 | 259,709 | 7,864,000 | added | 8.31 | ||
| BIL | spdr port int corp bond etf | 0.07 | 159,059 | 5,362,000 | added | 2.45 | ||
| BIL | spdr portfolio sp 400 mid c | 0.02 | 26,947 | 1,473,000 | added | 5.00 | ||