Filed: 2/10/2025ACC: 0001588873-25-000002
📋 What this filing means
MUNICIPAL EMPLOYEES' RETIREMENT SYSTEM OF MICHIGAN filed this quarterly 13F‑HR report disclosing 49 equity positions with a total reported market value of $7.26M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
49
Positions
$7.26M
Total AUM (reported)
189.77M
Total Shares
Allocation by class
COM$7.26M100.0%
Portfolio Concentration
Top 3$2.63M36.3%
4–10$2.53M34.9%
11–25$1.78M24.6%
Rest$308.2K4.2%
Top 3 weight
36.3%
Top 10 weight
71.2%
Voting Authority Distribution
Total shares with voting rights: 189.77M
Sole
Full voting authority
189.77M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole49
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings49
Rows:
INVESCO SP 500 QVM MULTIFA
SOLEShares30.37M
TypeSH
Market value$1.05M
14.46%
Sole
30.37M
Shared
0.00
None
0.00
ISHARES CORE SP 500 ETF
SOLEShares1.44M
TypeSH
Market value$846.9K
11.67%
Sole
1.44M
Shared
0.00
None
0.00
SPDR PORT INT TREASURY TERM
SOLEShares26.42M
TypeSH
Market value$736.7K
10.15%
Sole
26.42M
Shared
0.00
None
0.00
SPDR PORT SHRT TRM TRSRY
SOLEShares21.80M
TypeSH
Market value$632.5K
8.72%
Sole
21.80M
Shared
0.00
None
0.00
SCHWAB US TIPS ETF
SOLEShares15.57M
TypeSH
Market value$402.1K
5.54%
Sole
15.57M
Shared
0.00
None
0.00
ISHARES CORE MSCI PACIFIC ET
SOLEShares6.40M
TypeSH
Market value$391.3K
5.39%
Sole
6.40M
Shared
0.00
None
0.00
INVESCO SP MIDCAP 400 QVM M
SOLEShares10.88M
TypeSH
Market value$312.1K
4.30%
Sole
10.88M
Shared
0.00
None
0.00
SPDR PORT LNG TRM TRSRY
SOLEShares11.69M
TypeSH
Market value$306.2K
4.22%
Sole
11.69M
Shared
0.00
None
0.00
ISHARES CORE MSCI EMERGING
SOLEShares4.77M
TypeSH
Market value$249.3K
3.44%
Sole
4.77M
Shared
0.00
None
0.00
VANGUARD FTSE EUROPE ETF
SOLEShares3.74M
TypeSH
Market value$237.5K
3.27%
Sole
3.74M
Shared
0.00
None
0.00
BONDBLOXXJPM USD EM MK 110
SOLEShares4.70M
TypeSH
Market value$195.8K
2.70%
Sole
4.70M
Shared
0.00
None
0.00
INVESCO SP SMALLCAP 600 QVM
SOLEShares7.11M
TypeSH
Market value$192.5K
2.65%
Sole
7.11M
Shared
0.00
None
0.00
ISHARES INTERNATIONAL DEVELO
SOLEShares4.59M
TypeSH
Market value$157.5K
2.17%
Sole
4.59M
Shared
0.00
None
0.00
SIMPLIFY MBS ETF
SOLEShares3.14M
TypeSH
Market value$156.0K
2.15%
Sole
3.14M
Shared
0.00
None
0.00
SPDR BLOOMBERG EM USD BOND
SOLEShares6.46M
TypeSH
Market value$153.6K
2.12%
Sole
6.46M
Shared
0.00
None
0.00
ISHARES JP MORGAN USD EMERGI
SOLEShares1.55M
TypeSH
Market value$137.8K
1.90%
Sole
1.55M
Shared
0.00
None
0.00
ISHARES CORE SP MIDCAP ETF
SOLEShares2.01M
TypeSH
Market value$125.0K
1.72%
Sole
2.01M
Shared
0.00
None
0.00
BONDBLOXX BBG 1 DUR US TREAS
SOLEShares2.39M
TypeSH
Market value$118.3K
1.63%
Sole
2.39M
Shared
0.00
None
0.00
JPMORGAN BETABUILDERS EUROPE
SOLEShares2.04M
TypeSH
Market value$113.2K
1.56%
Sole
2.04M
Shared
0.00
None
0.00
ISHARES MSCI GLOBAL METALS
SOLEShares3.03M
TypeSH
Market value$106.1K
1.46%
Sole
3.03M
Shared
0.00
None
0.00
FRANKLIN FTSE CANADA ETF
SOLEShares2.77M
TypeSH
Market value$101.5K
1.40%
Sole
2.77M
Shared
0.00
None
0.00
GATOS SILVER INC
SOLEShares6.21M
TypeSH
Market value$86.8K
1.20%
Sole
6.21M
Shared
0.00
None
0.00
ISHARES MSCI GLOBAL GOLD MIN
SOLEShares1.90M
TypeSH
Market value$53.5K
0.74%
Sole
1.90M
Shared
0.00
None
0.00
JPMORGAN BETABUILDERS DEVELO
SOLEShares910.01K
TypeSH
Market value$44.4K
0.61%
Sole
910.01K
Shared
0.00
None
0.00
BONDBLOXXBB RATED USD HY CB
SOLEShares1.04M
TypeSH
Market value$41.5K
0.57%
Sole
1.04M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO SP 500 QVM MULTIFASOLE | COM | 30.37M | SH | $1.05M 14.46% | 30.37M | 0.00 | 0.00 |
ISHARES CORE SP 500 ETFSOLE | COM | 1.44M | SH | $846.9K 11.67% | 1.44M | 0.00 | 0.00 |
SPDR PORT INT TREASURY TERMSOLE | COM | 26.42M | SH | $736.7K 10.15% | 26.42M | 0.00 | 0.00 |
SPDR PORT SHRT TRM TRSRYSOLE | COM | 21.80M | SH | $632.5K 8.72% | 21.80M | 0.00 | 0.00 |
SCHWAB US TIPS ETFSOLE | COM | 15.57M | SH | $402.1K 5.54% | 15.57M | 0.00 | 0.00 |
ISHARES CORE MSCI PACIFIC ETSOLE | COM | 6.40M | SH | $391.3K 5.39% | 6.40M | 0.00 | 0.00 |
INVESCO SP MIDCAP 400 QVM MSOLE | COM | 10.88M | SH | $312.1K 4.30% | 10.88M | 0.00 | 0.00 |
SPDR PORT LNG TRM TRSRYSOLE | COM | 11.69M | SH | $306.2K 4.22% | 11.69M | 0.00 | 0.00 |
ISHARES CORE MSCI EMERGINGSOLE | COM | 4.77M | SH | $249.3K 3.44% | 4.77M | 0.00 | 0.00 |
VANGUARD FTSE EUROPE ETFSOLE | COM | 3.74M | SH | $237.5K 3.27% | 3.74M | 0.00 | 0.00 |
BONDBLOXXJPM USD EM MK 110SOLE | COM | 4.70M | SH | $195.8K 2.70% | 4.70M | 0.00 | 0.00 |
INVESCO SP SMALLCAP 600 QVMSOLE | COM | 7.11M | SH | $192.5K 2.65% | 7.11M | 0.00 | 0.00 |
ISHARES INTERNATIONAL DEVELOSOLE | COM | 4.59M | SH | $157.5K 2.17% | 4.59M | 0.00 | 0.00 |
SIMPLIFY MBS ETFSOLE | COM | 3.14M | SH | $156.0K 2.15% | 3.14M | 0.00 | 0.00 |
SPDR BLOOMBERG EM USD BONDSOLE | COM | 6.46M | SH | $153.6K 2.12% | 6.46M | 0.00 | 0.00 |
ISHARES JP MORGAN USD EMERGISOLE | COM | 1.55M | SH | $137.8K 1.90% | 1.55M | 0.00 | 0.00 |
ISHARES CORE SP MIDCAP ETFSOLE | COM | 2.01M | SH | $125.0K 1.72% | 2.01M | 0.00 | 0.00 |
BONDBLOXX BBG 1 DUR US TREASSOLE | COM | 2.39M | SH | $118.3K 1.63% | 2.39M | 0.00 | 0.00 |
JPMORGAN BETABUILDERS EUROPESOLE | COM | 2.04M | SH | $113.2K 1.56% | 2.04M | 0.00 | 0.00 |
ISHARES MSCI GLOBAL METALSSOLE | COM | 3.03M | SH | $106.1K 1.46% | 3.03M | 0.00 | 0.00 |
FRANKLIN FTSE CANADA ETFSOLE | COM | 2.77M | SH | $101.5K 1.40% | 2.77M | 0.00 | 0.00 |
GATOS SILVER INCSOLE | COM | 6.21M | SH | $86.8K 1.20% | 6.21M | 0.00 | 0.00 |
ISHARES MSCI GLOBAL GOLD MINSOLE | COM | 1.90M | SH | $53.5K 0.74% | 1.90M | 0.00 | 0.00 |
JPMORGAN BETABUILDERS DEVELOSOLE | COM | 910.01K | SH | $44.4K 0.61% | 910.01K | 0.00 | 0.00 |
BONDBLOXXBB RATED USD HY CBSOLE | COM | 1.04M | SH | $41.5K 0.57% | 1.04M | 0.00 | 0.00 |
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