Filed: 2/6/2026ACC: 0001588873-26-000002
📋 What this filing means
MUNICIPAL EMPLOYEES' RETIREMENT SYSTEM OF MICHIGAN filed this quarterly 13F‑HR report disclosing 36 equity positions with a total reported market value of $8.84M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
36
Positions
$8.84M
Total AUM (reported)
214.75M
Total Shares
Allocation by class
COM$8.84M100.0%
Portfolio Concentration
Top 3$3.39M38.4%
4–10$3.45M39.0%
11–25$1.87M21.1%
Rest$133.3K1.5%
Top 3 weight
38.4%
Top 10 weight
77.3%
Voting Authority Distribution
Total shares with voting rights: 214.75M
Sole
Full voting authority
214.75M
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)
Sole36
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings36
Rows:
INVESCO S&P 500 QVM MULTIFA
SOLEShares34.13M
TypeSH
Market value$1.37M
15.51%
Sole
34.13M
Shared
0.00
None
0.00
SS SPDR P INT TERM TSY ETF
SOLEShares37.25M
TypeSH
Market value$1.07M
12.15%
Sole
37.25M
Shared
0.00
None
0.00
ISHARES CORE S&P 500 ETF
SOLEShares1.38M
TypeSH
Market value$946.1K
10.70%
Sole
1.38M
Shared
0.00
None
0.00
VANGUARD FTSE EUROPE ETF
SOLEShares9.14M
TypeSH
Market value$763.9K
8.64%
Sole
9.14M
Shared
0.00
None
0.00
SS SPDR P ST TERM TSY ETF
SOLEShares25.88M
TypeSH
Market value$757.8K
8.57%
Sole
25.88M
Shared
0.00
None
0.00
SS SPDR PF LNG TRM TSY EUSD
SOLEShares15.40M
TypeSH
Market value$407.6K
4.61%
Sole
15.40M
Shared
0.00
None
0.00
SCHWAB US TIPS ETF
SOLEShares15.25M
TypeSH
Market value$403.9K
4.57%
Sole
15.25M
Shared
0.00
None
0.00
SS SPDR P INT C CORP ETF
SOLEShares11.70M
TypeSH
Market value$395.7K
4.48%
Sole
11.70M
Shared
0.00
None
0.00
INVESCO S&P MIDCAP 400 QVM M
SOLEShares11.88M
TypeSH
Market value$365.7K
4.14%
Sole
11.88M
Shared
0.00
None
0.00
ISHARES CORE MSCI EMERGING
SOLEShares5.23M
TypeSH
Market value$351.4K
3.98%
Sole
5.23M
Shared
0.00
None
0.00
ISHARES CORE S&P MIDCAP ETF
SOLEShares4.60M
TypeSH
Market value$303.4K
3.43%
Sole
4.60M
Shared
0.00
None
0.00
BONDBLOXXBB RATED USD HY CB
SOLEShares7.37M
TypeSH
Market value$303.3K
3.43%
Sole
7.37M
Shared
0.00
None
0.00
BONDBLOXXJPM USD EM MK 110
SOLEShares4.71M
TypeSH
Market value$210.2K
2.38%
Sole
4.71M
Shared
0.00
None
0.00
INVESCO S&P SMALLCAP 600 QVM
SOLEShares7.11M
TypeSH
Market value$200.9K
2.27%
Sole
7.11M
Shared
0.00
None
0.00
SS SPDR P HIGH YIELD ETF
SOLEShares6M
TypeSH
Market value$142.0K
1.61%
Sole
6M
Shared
0.00
None
0.00
ISHARES MSCI GLOBAL METALS &
SOLEShares2.66M
TypeSH
Market value$136.5K
1.54%
Sole
2.66M
Shared
0.00
None
0.00
FRANKLIN FTSE CANADA ETF
SOLEShares2.77M
TypeSH
Market value$134.0K
1.52%
Sole
2.77M
Shared
0.00
None
0.00
ISHARES FALLEN ANGELS ETF
SOLEShares3.66M
TypeSH
Market value$99.8K
1.13%
Sole
3.66M
Shared
0.00
None
0.00
JPMORGAN BETABUILDERS CANADA
SOLEShares909.45K
TypeSH
Market value$84.6K
0.96%
Sole
909.45K
Shared
0.00
None
0.00
ISHARES MSCI GLOBAL GOLD MIN
SOLEShares844.06K
TypeSH
Market value$62.2K
0.70%
Sole
844.06K
Shared
0.00
None
0.00
BONDBLOXX BBG 1 DUR US TREAS
SOLEShares1.18M
TypeSH
Market value$58.4K
0.66%
Sole
1.18M
Shared
0.00
None
0.00
SS ENERGY SELECT SECTOR
SOLEShares991.27K
TypeSH
Market value$44.3K
0.50%
Sole
991.27K
Shared
0.00
None
0.00
BONDBLOXX BBG 5 YR US TREAS
SOLEShares704.06K
TypeSH
Market value$34.8K
0.39%
Sole
704.06K
Shared
0.00
None
0.00
ISHARES COPPER AND METALS
SOLEShares784.27K
TypeSH
Market value$34.8K
0.39%
Sole
784.27K
Shared
0.00
None
0.00
BONDBLOXX BBG 2Y US TSY ETF
SOLEShares416.56K
TypeSH
Market value$20.6K
0.23%
Sole
416.56K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO S&P 500 QVM MULTIFASOLE | COM | 34.13M | SH | $1.37M 15.51% | 34.13M | 0.00 | 0.00 |
SS SPDR P INT TERM TSY ETFSOLE | COM | 37.25M | SH | $1.07M 12.15% | 37.25M | 0.00 | 0.00 |
ISHARES CORE S&P 500 ETFSOLE | COM | 1.38M | SH | $946.1K 10.70% | 1.38M | 0.00 | 0.00 |
VANGUARD FTSE EUROPE ETFSOLE | COM | 9.14M | SH | $763.9K 8.64% | 9.14M | 0.00 | 0.00 |
SS SPDR P ST TERM TSY ETFSOLE | COM | 25.88M | SH | $757.8K 8.57% | 25.88M | 0.00 | 0.00 |
SS SPDR PF LNG TRM TSY EUSDSOLE | COM | 15.40M | SH | $407.6K 4.61% | 15.40M | 0.00 | 0.00 |
SCHWAB US TIPS ETFSOLE | COM | 15.25M | SH | $403.9K 4.57% | 15.25M | 0.00 | 0.00 |
SS SPDR P INT C CORP ETFSOLE | COM | 11.70M | SH | $395.7K 4.48% | 11.70M | 0.00 | 0.00 |
INVESCO S&P MIDCAP 400 QVM MSOLE | COM | 11.88M | SH | $365.7K 4.14% | 11.88M | 0.00 | 0.00 |
ISHARES CORE MSCI EMERGINGSOLE | COM | 5.23M | SH | $351.4K 3.98% | 5.23M | 0.00 | 0.00 |
ISHARES CORE S&P MIDCAP ETFSOLE | COM | 4.60M | SH | $303.4K 3.43% | 4.60M | 0.00 | 0.00 |
BONDBLOXXBB RATED USD HY CBSOLE | COM | 7.37M | SH | $303.3K 3.43% | 7.37M | 0.00 | 0.00 |
BONDBLOXXJPM USD EM MK 110SOLE | COM | 4.71M | SH | $210.2K 2.38% | 4.71M | 0.00 | 0.00 |
INVESCO S&P SMALLCAP 600 QVMSOLE | COM | 7.11M | SH | $200.9K 2.27% | 7.11M | 0.00 | 0.00 |
SS SPDR P HIGH YIELD ETFSOLE | COM | 6M | SH | $142.0K 1.61% | 6M | 0.00 | 0.00 |
ISHARES MSCI GLOBAL METALS &SOLE | COM | 2.66M | SH | $136.5K 1.54% | 2.66M | 0.00 | 0.00 |
FRANKLIN FTSE CANADA ETFSOLE | COM | 2.77M | SH | $134.0K 1.52% | 2.77M | 0.00 | 0.00 |
ISHARES FALLEN ANGELS ETFSOLE | COM | 3.66M | SH | $99.8K 1.13% | 3.66M | 0.00 | 0.00 |
JPMORGAN BETABUILDERS CANADASOLE | COM | 909.45K | SH | $84.6K 0.96% | 909.45K | 0.00 | 0.00 |
ISHARES MSCI GLOBAL GOLD MINSOLE | COM | 844.06K | SH | $62.2K 0.70% | 844.06K | 0.00 | 0.00 |
BONDBLOXX BBG 1 DUR US TREASSOLE | COM | 1.18M | SH | $58.4K 0.66% | 1.18M | 0.00 | 0.00 |
SS ENERGY SELECT SECTORSOLE | COM | 991.27K | SH | $44.3K 0.50% | 991.27K | 0.00 | 0.00 |
BONDBLOXX BBG 5 YR US TREASSOLE | COM | 704.06K | SH | $34.8K 0.39% | 704.06K | 0.00 | 0.00 |
ISHARES COPPER AND METALSSOLE | COM | 784.27K | SH | $34.8K 0.39% | 784.27K | 0.00 | 0.00 |
BONDBLOXX BBG 2Y US TSY ETFSOLE | COM | 416.56K | SH | $20.6K 0.23% | 416.56K | 0.00 | 0.00 |
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