Latest Municipal Employees' Retirement System of Michigan Stock Portfolio

$7.76Billion

Equity Portfolio Value

Last Reported on: 17 Apr, 2024

About Municipal Employees' Retirement System of Michigan and it’s 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Municipal Employees' Retirement System of Michigan reported an equity portfolio of $7.5 Billions as of 31 Dec, 2023.

The top stock holdings of Municipal Employees' Retirement System of Michigan are AGG, BAB, EMGF. The fund has invested 17.3% of it's portfolio in ISHARES CORE SP 500 ETF and 11.9% of portfolio in INVESCO SP 500 QVM MULTIFA.

The fund managers got completely rid off ISHARES 20 YEAR TREASURY BO (AGG), MILLERKNOLL INC (MLKN) and ISHARES JP MORGAN EM LOCAL C (ACWV) stocks. They significantly reduced their stock positions in SPDR PORTFOLIO HIGH YIELD BO (BIL), ISHARES 05 YEAR TIPS BOND E (AMPS) and ENERGY SELECT SECTOR SPDR (XLB). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES MSCI GLOBAL GOLD MIN (EMGF), ISHARES CORE SP SMALLCAP E (AGG) and SPDR PORT LNG TRM TRSRY (BIL).

New Buys

No new stocks were added by Municipal Employees' Retirement System of Michigan

Additions

Ticker	% Inc.
SPDR PORT INT TREASURY TERM	342
ISHARES CORE SP MIDCAP ETF	291
SPDR PORT SHRT TRM TRSRY	64.81
SPDR PORT LNG TRM TRSRY	63.49
ENERGY SELECT SECTOR SPDR	55.27
SPDR BLOOMBERG EM USD BOND	40.12
JPMORGAN BETABUILDERS EUROPE	18.96
FRANKLIN FTSE CANADA ETF	13.85

Additions to existing portfolio by Municipal Employees' Retirement System of Michigan

Reductions

Ticker	% Reduced
SIM ST TREAS FUT STRAT ETF	-96.16
ISHARES CORE SP SMALLCAP E	-92.23
BONDBLOXX BBG 6 MTH US TREAS	-74.43
BONDBLOXX BBG 2Y US TSY ETF	-63.61
BONDBLOXX BBG 1 DUR US TREAS	-46.97
SPDR PORTFOLIO HIGH YIELD BO	-29.13
ISHARES CORE SP 500 ETF	-28.82
INVESCO SP 500 QVM MULTIFA	-5.58

Municipal Employees' Retirement System of Michigan reduced stake in above stock

Sold off

Ticker	$ Sold
VANECK JUNIOR GOLD MINERS	-8,877,000

Municipal Employees' Retirement System of Michigan got rid off the above stocks

Current Stock Holdings of Municipal Employees' Retirement System of Michigan

Last Reported on: 17 Apr, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ISHARES JP MORGAN USD EMERGI	2.43	2,104,460	188,707,000	UNCHANGED	0.00
AAXJ	ISHARES MBS ETF	1.27	1,066,310	98,548,000	REDUCED	-1.48
ACWF	ISHARES CORE MSCI PACIFIC ET	3.82	4,683,690	296,524,000	ADDED	4.62
AFK	VANECK JUNIOR GOLD MINERS	0.00	0.00	0.00	SOLD OFF	-100
AGG	ISHARES CORE SP 500 ETF	13.04	1,924,860	1,011,960,000	REDUCED	-28.82
AGG	ISHARES CORE SP MIDCAP ETF	2.31	2,946,570	178,974,000	ADDED	291
AGG	ISHARES CORE SP SMALLCAP E	0.03	20,735	2,292,000	REDUCED	-92.23
AGGH	SIM ST TREAS FUT STRAT ETF	0.18	634,568	13,878,000	REDUCED	-96.16
AMPS	ISHARES 05 YEAR TIPS BOND E	0.14	109,359	10,873,000	ADDED	0.93
BAB	INVESCO SP 500 QVM MULTIFA	12.14	30,288,600	942,419,000	REDUCED	-5.58
BAB	INVESCO SP MIDCAP 400 QVM M	3.95	10,848,400	306,723,000	UNCHANGED	0.00
BAB	INVESCO SP SMALLCAP 600 QVM	2.85	8,595,730	221,423,000	UNCHANGED	0.00
BBAX	JPMORGAN BETABUILDERS EUROPE	2.06	2,697,750	160,246,000	ADDED	18.96
BBAX	JPMORGAN BETABUILDERS DEVELO	0.56	910,009	43,826,000	UNCHANGED	0.00
BGRN	ISHARES MSCI JAPAN VALUE ETF	1.30	3,046,680	101,241,000	UNCHANGED	0.00
BGRN	ISHARES BB RATED CORP BOND	0.02	30,699	1,420,000	UNCHANGED	0.00
BIL	SPDR PORT INT TREASURY TERM	9.59	26,424,300	744,638,000	ADDED	342
BIL	SPDR PORT SHRT TRM TRSRY	8.08	21,697,200	627,482,000	ADDED	64.81
BIL	SPDR PORT LNG TRM TRSRY	4.18	11,622,500	324,732,000	ADDED	63.49
BIL	SPDR BLOOMBERG EM USD BOND	3.17	10,176,700	245,868,000	ADDED	40.12
BIL	SPDR PORTFOLIO HIGH YIELD BO	0.68	2,241,710	52,590,000	REDUCED	-29.13
BIL	SPDR PORT SHRT TRM CORP BND	0.09	239,775	7,138,000	UNCHANGED	0.00
BIL	SPDR PORT INT CORP BOND ETF	0.06	150,225	4,911,000	ADDED	2.08
BNDW	VANGUARD SHORTTERM TREASURY	3.25	4,339,200	251,977,000	ADDED	0.84
BNDW	VANGUARD INTERMEDIATETERM T	2.56	3,390,730	198,527,000	UNCHANGED	0.00
BNDW	VANGUARD LONGTERM TREASURY	0.63	822,619	48,732,000	REDUCED	-0.3
BUYZ	FRANKLIN FTSE CANADA ETF	1.34	2,991,020	103,758,000	ADDED	13.85
DMXF	ISHARES INTERNATIONAL DEVELO	2.10	4,592,860	162,863,000	UNCHANGED	0.00
EMGF	ISHARES CORE MSCI EMERGING	5.27	7,924,820	408,920,000	ADDED	0.51
EMGF	ISHARES MSCI GLOBAL METALS	1.41	2,623,500	109,400,000	REDUCED	-2.26
EMGF	ISHARES MSCI GLOBAL GOLD MIN	1.26	3,872,340	97,931,000	REDUCED	-4.13
GATO	GATOS SILVER INC	0.67	6,205,260	52,062,000	UNCHANGED	0.00
VEU	VANGUARD FTSE EUROPE ETF	2.51	2,890,090	194,619,000	UNCHANGED	0.00
XHYC	BONDBLOXXJPM USD EM MK 110	2.41	4,504,990	187,408,000	UNCHANGED	0.00
XHYC	BONDBLOXX BBG 1 DUR US TREAS	1.53	2,387,980	118,515,000	REDUCED	-46.97
XHYC	BONDBLOXXBB RATED USD HY CB	0.52	996,434	40,072,000	UNCHANGED	0.00
XHYC	BONDBLOXX BBG 5 YR US TREAS	0.44	704,064	34,147,000	UNCHANGED	0.00
XHYC	BONDBLOXX BBG 6 MTH US TREAS	0.28	438,334	22,053,000	REDUCED	-74.43
XHYC	BONDBLOXX BBG 2Y US TSY ETF	0.26	416,558	20,443,000	REDUCED	-63.61
XHYC	BONDBLOXX BBG 3Y US TSY ETF	0.25	402,313	19,671,000	UNCHANGED	0.00
XHYC	BONDBLOXX BBG 7 YR US TREAS	0.25	403,857	19,171,000	UNCHANGED	0.00
XHYC	BONDBLOXX BBG 10Y US TSY ETF	0.24	403,452	18,849,000	UNCHANGED	0.00
XHYC	BONDBLOXX BBG 20Y US TSY ETF	0.23	420,244	17,844,000	UNCHANGED	0.00
XHYC	BONDBLOXXB RATED USD HY CB	0.14	266,860	10,570,000	UNCHANGED	0.00
XHYC	BONDBLOXXCCCUSD HY CORP BD	0.06	121,654	4,743,000	UNCHANGED	0.00
XLB	ENERGY SELECT SECTOR SPDR	0.45	366,905	34,640,000	ADDED	55.27