Asset Manager
← All Institutions
Municipal Employees' Retirement System of Michigan
Market Value
$8.8B
-0.4%
Holdings
37
-8
New Purchases
1
Added To
8
Closed
9
Reduced
7
Top 10 Concentration
80.1%
Turnover
27.0%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| SPTL | 6.87% | 4.61% | +2.26% | $605M |
| IVV | 12.15% | 10.70% | +1.45% | $1.1B |
| IJH | 4.37% | 3.43% | +0.94% | $385M |
| SPTS | 9.31% | 8.57% | +0.73% | $820M |
| SPHY | 2.17% | 1.61% | +0.56% | $191M |
| SPTI | 12.59% | 12.15% | +0.44% | $1.1B |
| XFIV | 0.74% | 0.39% | +0.35% | $66M |
| SCHP | 4.89% | 4.57% | +0.32% | $431M |
| QVMM | 4.28% | 4.14% | +0.14% | $377M |
| COIN | 0.10% | 0.00% | +0.10% | $9M |
| QVMS | 2.35% | 2.27% | +0.08% | $207M |
| FLCA | 1.54% | 1.52% | +0.03% | $136M |
| BBAX | 0.20% | 0.19% | +0.01% | $18M |
| IJR | 0.03% | 0.03% | +0.00% | $3M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| VGK | 6.33% | 8.64% | -2.31% | $558M |
| IEMG | 2.62% | 3.98% | -1.35% | $231M |
| QVML | 14.83% | 15.51% | -0.68% | $1.3B |
| XONE | 0.00% | 0.66% | -0.66% | $0 |
| PICK | 1.14% | 1.54% | -0.41% | $100M |
| BBCA | 0.68% | 0.96% | -0.27% | $60M |
| XTWO | 0.00% | 0.23% | -0.23% | $0 |
| XTRE | 0.00% | 0.23% | -0.23% | $0 |
| XSVN | 0.00% | 0.22% | -0.22% | $0 |
| XTEN | 0.00% | 0.21% | -0.21% | $0 |
| XTWY | 0.00% | 0.18% | -0.18% | $0 |
| XLE | 0.33% | 0.50% | -0.17% | $29M |
| ICOP | 0.27% | 0.39% | -0.12% | $24M |
| STIP | 0.00% | 0.11% | -0.11% | $0 |
| VGSH | 0.00% | 0.09% | -0.09% | $0 |
Sector Allocation Over Time
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Mega Cap | 1 | $1.1B | 12.1% |
| Large Cap | 13 | $2.3B | 26.0% |
| Mid Cap | 6 | $2.7B | 30.8% |
| Small Cap | 11 | $2.5B | 28.5% |
| Micro Cap | 6 | $222M | 2.5% |
Portfolio Analytics
Avg Market Cap
$42.4B
Median Market Cap
$2.5B
Avg P/E
—
Median P/E
—
Avg Dividend Yield
—%
Avg Beta
0.91
# Stocks
1
# ETFs / Funds
36
Top Holdings (37 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | QVML | 14.83% | 34,132,010 | $1.3B | $38.27 | -$65M | — | — | |
| 2 | SPTI | 12.59% | 38,702,475 | $1.1B | $28.66 | $35M | +1,455,301 | +3.9% | |
| 3 | IVV | 12.15% | 1,637,942 | $1.1B | $653.21 | $124M | +256,717 | +18.6% | |
| 4 | SPTS | 9.31% | 28,085,205 | $820M | $29.18 | $62M | +2,205,443 | +8.5% | |
| 5 | SPTL | 6.87% | 22,999,752 | $605M | $26.30 | $197M | +7,602,426 | +49.4% | |
| 6 | VGK | 6.33% | 6,764,865 | $558M | $82.43 | -$206M | -2,371,431 | -26.0% | |
| 7 | SCHP | 4.89% | 16,188,586 | $431M | $26.61 | $27M | +940,203 | +6.2% | |
| 8 | SPIB | 4.46% | 11,704,768 | $393M | $33.54 | -$3M | — | — | |
| 9 | IJH | 4.37% | 5,705,045 | $385M | $67.53 | $82M | +1,108,262 | +24.1% | |
| 10 | QVMM | 4.28% | 11,882,576 | $377M | $31.69 | $11M | — | — | |
| 11 | XBB | 3.41% | 7,372,511 | $300M | $40.69 | -$3M | — | — | |
| 12 | IEMG | 2.62% | 3,313,829 | $231M | $69.75 | -$120M | -1,914,169 | -36.6% | |
| 13 | QVMS | 2.35% | 7,114,414 | $207M | $29.14 | $6M | — | — | |
| 14 | XEMD | 2.35% | 4,714,975 | $207M | $43.95 | -$3M | — | — | |
| 15 | SPHY | 2.17% | 8,191,734 | $191M | $23.32 | $49M | +2,190,878 | +36.5% | |
| 16 | FLCA | 1.54% | 2,773,743 | $136M | $48.94 | $2M | — | — | |
| 17 | PICK | 1.14% | 1,767,862 | $100M | $56.59 | -$36M | -890,994 | -33.5% | |
| 18 | FALN | 1.11% | 3,657,064 | $98M | $26.72 | -$2M | — | — | |
| 19 | XFIV | 0.74% | 1,332,525 | $66M | $49.16 | $31M | +628,461 | +89.3% | |
| 20 | RING | 0.70% | 776,753 | $61M | $78.98 | -$809K | -67,309 | -8.0% | |
| 21 | BBCA | 0.68% | 639,622 | $60M | $94.06 | -$24M | -269,832 | -29.7% | |
| 22 | XLE | 0.33% | 474,882 | $29M | $61.26 | -$15M | -516,392 | -52.1% | |
| 23 | ICOP | 0.27% | 501,672 | $24M | $47.58 | -$11M | -282,599 | -36.0% | |
| 24 | BBAX | 0.20% | 298,785 | $18M | $59.45 | $942K | — | — | |
| 25 | XB | 0.12% | 266,860 | $10M | $38.96 | -$138K | — | — | |
| 26 | COIN | 0.10% | 50,757 | $9M | $174.62 | — | +50,757 | — | NEW |
| 27 | XCCC | 0.05% | 121,654 | $4M | $36.40 | -$198K | — | — | |
| 28 | IJR | 0.03% | 24,129 | $3M | $124.29 | $99K | — | — | |
| 29 | XTWY | —% | — | — | — | -$16M | -420,244 | -100.0% | SOLD |
| 30 | XTWO | —% | — | — | — | -$21M | -416,558 | -100.0% | SOLD |
| 31 | STIP | —% | — | — | — | -$10M | -95,402 | -100.0% | SOLD |
| 32 | XONE | —% | — | — | — | -$58M | -1,178,547 | -100.0% | SOLD |
| 33 | XTRE | —% | — | — | — | -$20M | -402,313 | -100.0% | SOLD |
| 34 | VGSH | —% | — | — | — | -$8M | -133,074 | -100.0% | SOLD |
| 35 | XTEN | —% | — | — | — | -$19M | -403,452 | -100.0% | SOLD |
| 36 | SPSB | —% | — | — | — | -$7M | -228,061 | -100.0% | SOLD |
| 37 | XSVN | —% | — | — | — | -$19M | -403,857 | -100.0% | SOLD |
New Positions
| Symbol | Value | % Port |
|---|---|---|
| COIN | $9M | 0.10% |