Grufity logo
Grufity logo

Latest Municipal Employees' Retirement System of Michigan Stock Portfolio

$8.81Billion | No. of Holdings #28

Municipal Employees' Retirement System of Michigan Performance

2026 Q1-0.84%
YTD-0.84%
2025+11.50%

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

On 2026-05-11, the fund reported it's updated stock portfolio. In the 13F Holdings report, Municipal Employees' Retirement System of Michigan reported an equity portfolio of $8.8 Billions as of 31 Mar, 2026. <br><br> The top stock holdings of Municipal Employees' Retirement System of Michigan are BAB, BIL, IJR. The fund has invested 14.8% of it's portfolio in INVESCO S&P 500 QVM MULTIFA and 12.6% of portfolio in SS SPDR P INT TERM TSY ETF. <br><br> The fund managers got completely rid off BONDBLOXX BBG 1 DUR US TREAS (XHYC), ISHARES 05 YEAR TIPS BOND E (AMPS) and VANGUARD SHORTTERM TREASURY (BNDW) stocks. They significantly reduced their stock positions in SS ENERGY SELECT SECTOR (XLB), ISHARES CORE MSCI EMERGING (EMGF) and ISHARES COPPER AND METALS (DMXF). Municipal Employees' Retirement System of Michigan opened new stock positions in COINBASE GLOBAL INC (COIN). The fund showed a lot of confidence in some stocks as they added substantially to BONDBLOXX BBG 5 YR US TREAS (XHYC), SS SPDR PF LNG TRM TSY EUSD (BIL) and ISHARES CORE S&P MIDCAP ETF (IJR).
Municipal Employees' Retirement System of Michigan Equity Portfolio Value
Last Reported on: 11 May, 2026
$8.81Billion
  as of May 11, 2026

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 -0.84% in the last quarter. In trailing 12 months, it's portfolio return was 10.05%.
  • Performance
  • S&P 500

New Buys

Ticker$ Bought
coinbase global inc8,863,000
New stocks bought by Municipal Employees' Retirement System of Michigan

Additions

Ticker% Inc.
bondbloxx bbg 5 yr us treas89.26
ss spdr pf lng trm tsy eusd49.37
ss spdr p high yield etf36.51
ishares core s&p midcap etf24.11
ishares core s&p 500 etf18.59
ss spdr p st term tsy etf8.52
schwab us tips etf6.17
ss spdr p int term tsy etf3.91
Additions to existing portfolio by Municipal Employees' Retirement System of Michigan

Reductions

Ticker% Reduced
ss energy select sector-52.09
ishares core msci emerging-36.61
ishares copper and metals-36.03
ishares msci global metals &-33.51
jpmorgan betabuilders canada-29.67
vanguard ftse europe etf-25.96
ishares msci global gold min-7.97
Municipal Employees' Retirement System of Michigan reduced stake in above stock

Sold off

Ticker$ Sold
bondbloxx bbg 1 dur us treas-58,379,000
bondbloxx bbg 20y us tsy etf-15,902,000
bondbloxx bbg 2y us tsy etf-20,607,000
bondbloxx bbg 7 yr us treas-19,403,000
bondbloxx bbg 10y us tsy etf-18,648,000
bondbloxx bbg 3y us tsy etf-20,020,000
ss spdr p st c corp etf-6,887,000
vanguard shortterm treasury-7,815,000
Municipal Employees' Retirement System of Michigan got rid off the above stocks

Sector Distribution

Municipal Employees' Retirement System of Michigan has about 99.9% of it's holdings in Others sector.

  • Others
Sector%
Others99.9

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.

  • UNALLOCATED
Category%
UNALLOCATED99.9

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.

  • Others
Index%
Others100
Top 5 Winners (%)%
XLB
ss energy select sector
27.4 %
EMGF
ishares msci global metals &
8.5 %
EMGF
ishares msci global gold min
7.0 %
DMXF
ishares copper and metals
6.0 %
BBAX
jpmorgan betabuilders develo
5.6 %
Top 5 Winners ($)$
XLB
ss energy select sector
12.1 M
EMGF
ishares msci global metals &
11.6 M
BAB
invesco s&p midcap 400 qvm m
10.9 M
EMGF
ishares core msci emerging
10.8 M
IJR
ishares core s&p midcap etf
7.9 M
Top 5 Losers (%)%
BAB
invesco s&p 500 qvm multifa
-4.8 %
IJR
ishares core s&p 500 etf
-4.3 %
XHYC
bondbloxxcccusd hy corp bd
-4.3 %
AGT
ishares fallen angels etf
-2.1 %
XHYC
bondbloxxjpm usd em mk 110
-1.4 %
Top 5 Losers ($)$
BAB
invesco s&p 500 qvm multifa
-65.3 M
IJR
ishares core s&p 500 etf
-47.9 M
VEU
vanguard ftse europe etf
-9.4 M
BIL
ss spdr p int term tsy etf
-6.8 M
XHYC
bondbloxxbb rated usd hy cb
-3.4 M

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 28 stocks in it's portfolio. About 80.1% of the portfolio is in top 10 stocks. BAB proved to be the most loss making stock for the portfolio. XLB was the most profitable stock for Municipal Employees' Retirement System of Michigan last quarter.

$8.81BTotal Value
37.00Positions
11 May, 2026Last Reported
Current holdings of Current Stock Holdings of Municipal Employees' Retirement System of Michigan, last reported on 11 May, 2026. Select a row with a linked ticker to view its historical trend.
ExpandHoldingsorted ascending% PortfolioShares Held$ Value% Change
AGT
Ishares Fallen Angels Etf

Ishares Fallen Angels Etf

AGT
Municipal Employees' Retirement System of Michigan's holding in Ishares Fallen Angels Etf over time
1.11%3,657,060
$97.72M
1.11%
unchanged 0 percentunchanged
BAB
Invesco S&P 500 Qvm Multifa

Invesco S&P 500 Qvm Multifa

BAB
Municipal Employees' Retirement System of Michigan's holding in Invesco S&P 500 Qvm Multifa over time
14.83%34,132,000
$1.31B
14.83%
unchanged 0 percentunchanged
BAB
Invesco S&P Midcap 400 Qvm M

Invesco S&P Midcap 400 Qvm M

BAB
Municipal Employees' Retirement System of Michigan's holding in Invesco S&P Midcap 400 Qvm M over time
4.28%11,882,600
$376.61M
4.28%
unchanged 0 percentunchanged
BAB
Invesco S&P Smallcap 600 Qvm

Invesco S&P Smallcap 600 Qvm

BAB
Municipal Employees' Retirement System of Michigan's holding in Invesco S&P Smallcap 600 Qvm over time
2.35%7,114,410
$207.28M
2.35%
unchanged 0 percentunchanged
BBAX
Jpmorgan Betabuilders Canada

Jpmorgan Betabuilders Canada

BBAX
Municipal Employees' Retirement System of Michigan's holding in Jpmorgan Betabuilders Canada over time
0.68%639,622
$60.16M
0.68%
decreased 29.67 percentreduced
BBAX
Jpmorgan Betabuilders Develo

Jpmorgan Betabuilders Develo

BBAX
Municipal Employees' Retirement System of Michigan's holding in Jpmorgan Betabuilders Develo over time
0.2%298,785
$17.76M
0.2%
unchanged 0 percentunchanged
BIL
Ss Spdr P Int Term Tsy Etf

Ss Spdr P Int Term Tsy Etf

BIL
Municipal Employees' Retirement System of Michigan's holding in Ss Spdr P Int Term Tsy Etf over time
12.6%38,702,500
$1.11B
12.6%
increased 3.91 percentadded
BIL
Ss Spdr P St Term Tsy Etf

Ss Spdr P St Term Tsy Etf

BIL
Municipal Employees' Retirement System of Michigan's holding in Ss Spdr P St Term Tsy Etf over time
9.3%28,085,200
$819.53M
9.3%
increased 8.52 percentadded
BIL
Ss Spdr Pf Lng Trm Tsy Eusd

Ss Spdr Pf Lng Trm Tsy Eusd

BIL
Municipal Employees' Retirement System of Michigan's holding in Ss Spdr Pf Lng Trm Tsy Eusd over time
6.87%22,999,800
$604.89M
6.87%
increased 49.37 percentadded
BIL
Ss Spdr P Int C Corp Etf

Ss Spdr P Int C Corp Etf

BIL
Municipal Employees' Retirement System of Michigan's holding in Ss Spdr P Int C Corp Etf over time
4.46%11,704,800
$392.58M
4.46%
unchanged 0 percentunchanged
BIL
Ss Spdr P High Yield Etf

Ss Spdr P High Yield Etf

BIL
Municipal Employees' Retirement System of Michigan's holding in Ss Spdr P High Yield Etf over time
2.17%8,191,730
$191.03M
2.17%
increased 36.51 percentadded
BIL
Ss Spdr P St C Corp Etf

Ss Spdr P St C Corp Etf

BIL
Municipal Employees' Retirement System of Michigan's holding in Ss Spdr P St C Corp Etf over time
0%0.00
$0.00
0%
decreased 100 percentsold off
BNDW
Vanguard Shortterm Treasury

Vanguard Shortterm Treasury

BNDW
Municipal Employees' Retirement System of Michigan's holding in Vanguard Shortterm Treasury over time
0%0.00
$0.00
0%
decreased 100 percentsold off
BUYZ
Franklin Ftse Canada Etf

Franklin Ftse Canada Etf

BUYZ
Municipal Employees' Retirement System of Michigan's holding in Franklin Ftse Canada Etf over time
1.54%2,773,740
$135.75M
1.54%
unchanged 0 percentunchanged
DMXF
Ishares Copper And Metals

Ishares Copper And Metals

DMXF
Municipal Employees' Retirement System of Michigan's holding in Ishares Copper And Metals over time
0.27%501,672
$23.87M
0.27%
decreased 36.03 percentreduced
EMGF
Ishares Core Msci Emerging

Ishares Core Msci Emerging

EMGF
Municipal Employees' Retirement System of Michigan's holding in Ishares Core Msci Emerging over time
2.62%3,313,830
$231.14M
2.62%
decreased 36.61 percentreduced
EMGF
Ishares Msci Global Metals &

Ishares Msci Global Metals &

EMGF
Municipal Employees' Retirement System of Michigan's holding in Ishares Msci Global Metals & over time
1.14%1,767,860
$100.04M
1.14%
decreased 33.51 percentreduced
EMGF
Ishares Msci Global Gold Min

Ishares Msci Global Gold Min

EMGF
Municipal Employees' Retirement System of Michigan's holding in Ishares Msci Global Gold Min over time
0.7%776,753
$61.35M
0.7%
decreased 7.97 percentreduced