Filed: 8/10/2026ACC: 0001588873-26-000004
📋 What this filing means
MUNICIPAL EMPLOYEES' RETIREMENT SYSTEM OF MICHIGAN filed this quarterly 13F‑HR report disclosing 30 equity positions with a total reported market value of $9.05M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
30
Positions
$9.05M
Total AUM (reported)
208.13M
Total Shares
Allocation by class
COM$9.05M100.0%
Portfolio Concentration
Top 3$3.62M40.0%
4–10$3.46M38.2%
11–25$1.96M21.6%
Rest$18.1K0.2%
Top 3 weight
40.0%
Top 10 weight
78.2%
Voting Authority Distribution
Total shares with voting rights: 208.13M
Sole
Full voting authority
208.13M
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)
Sole30
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings30
Rows:
INVESCO SP 500 QVM MULTIFA
SOLEShares30.52M
TypeSH
Market value$1.35M
14.88%
Sole
30.52M
Shared
0.00
None
0.00
ISHARES CORE SP 500 ETF
SOLEShares1.64M
TypeSH
Market value$1.23M
13.55%
Sole
1.64M
Shared
0.00
None
0.00
SS SPDR P INT TERM TSY ETF
SOLEShares36.96M
TypeSH
Market value$1.05M
11.59%
Sole
36.96M
Shared
0.00
None
0.00
SS SPDR P ST TERM TSY ETF
SOLEShares22.69M
TypeSH
Market value$658.1K
7.27%
Sole
22.69M
Shared
0.00
None
0.00
VANGUARD FTSE EUROPE ETF
SOLEShares6.64M
TypeSH
Market value$588.3K
6.50%
Sole
6.64M
Shared
0.00
None
0.00
SS SPDR PF LNG TRM TSY EUSD
SOLEShares19.61M
TypeSH
Market value$514.4K
5.68%
Sole
19.61M
Shared
0.00
None
0.00
ISHARES CORE SP MIDCAP ETF
SOLEShares5.71M
TypeSH
Market value$439.9K
4.86%
Sole
5.71M
Shared
0.00
None
0.00
SCHWAB US TIPS ETF
SOLEShares16.19M
TypeSH
Market value$429.0K
4.74%
Sole
16.19M
Shared
0.00
None
0.00
INVESCO SP MIDCAP 400 QVM M
SOLEShares11.88M
TypeSH
Market value$428.2K
4.73%
Sole
11.88M
Shared
0.00
None
0.00
SS SPDR P INT C CORP ETF
SOLEShares11.88M
TypeSH
Market value$397.5K
4.39%
Sole
11.88M
Shared
0.00
None
0.00
BONDBLOXXBB RATED USD HY CB
SOLEShares7.37M
TypeSH
Market value$302.2K
3.34%
Sole
7.37M
Shared
0.00
None
0.00
INVESCO SP SMALLCAP 600 QVM
SOLEShares7.11M
TypeSH
Market value$249.4K
2.76%
Sole
7.11M
Shared
0.00
None
0.00
ISHARES CORE MSCI EMERGING
SOLEShares2.98M
TypeSH
Market value$246.5K
2.72%
Sole
2.98M
Shared
0.00
None
0.00
BONDBLOXXJPM USD EM MK 110
SOLEShares4.71M
TypeSH
Market value$211.8K
2.34%
Sole
4.71M
Shared
0.00
None
0.00
SS SPDR P HIGH YIELD ETF
SOLEShares8.19M
TypeSH
Market value$192.0K
2.12%
Sole
8.19M
Shared
0.00
None
0.00
INVESCO SP 500 EQUAL WEIGHT
SOLEShares748.71K
TypeSH
Market value$159.3K
1.76%
Sole
748.71K
Shared
0.00
None
0.00
FRANKLIN FTSE CANADA ETF
SOLEShares2.77M
TypeSH
Market value$142.8K
1.58%
Sole
2.77M
Shared
0.00
None
0.00
ISHARES FALLEN ANGELS ETF
SOLEShares4.66M
TypeSH
Market value$126.9K
1.40%
Sole
4.66M
Shared
0.00
None
0.00
ISHARES MSCI GLOBAL METALS
SOLEShares1.77M
TypeSH
Market value$102.8K
1.14%
Sole
1.77M
Shared
0.00
None
0.00
BONDBLOXX BBG 5 YR US TREAS
SOLEShares1.33M
TypeSH
Market value$64.9K
0.72%
Sole
1.33M
Shared
0.00
None
0.00
ISHARES MSCI GLOBAL GOLD MIN
SOLEShares776.75K
TypeSH
Market value$50.2K
0.55%
Sole
776.75K
Shared
0.00
None
0.00
JPMORGAN BETABUILDERS CANADA
SOLEShares478.67K
TypeSH
Market value$47.6K
0.53%
Sole
478.67K
Shared
0.00
None
0.00
SS ENERGY SELECT SECTOR
SOLEShares474.88K
TypeSH
Market value$25.2K
0.28%
Sole
474.88K
Shared
0.00
None
0.00
ISHARES COPPER AND METALS
SOLEShares501.67K
TypeSH
Market value$24.7K
0.27%
Sole
501.67K
Shared
0.00
None
0.00
BONDBLOXXB RATED USD HY CB
SOLEShares266.86K
TypeSH
Market value$10.5K
0.12%
Sole
266.86K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO SP 500 QVM MULTIFASOLE | COM | 30.52M | SH | $1.35M 14.88% | 30.52M | 0.00 | 0.00 |
ISHARES CORE SP 500 ETFSOLE | COM | 1.64M | SH | $1.23M 13.55% | 1.64M | 0.00 | 0.00 |
SS SPDR P INT TERM TSY ETFSOLE | COM | 36.96M | SH | $1.05M 11.59% | 36.96M | 0.00 | 0.00 |
SS SPDR P ST TERM TSY ETFSOLE | COM | 22.69M | SH | $658.1K 7.27% | 22.69M | 0.00 | 0.00 |
VANGUARD FTSE EUROPE ETFSOLE | COM | 6.64M | SH | $588.3K 6.50% | 6.64M | 0.00 | 0.00 |
SS SPDR PF LNG TRM TSY EUSDSOLE | COM | 19.61M | SH | $514.4K 5.68% | 19.61M | 0.00 | 0.00 |
ISHARES CORE SP MIDCAP ETFSOLE | COM | 5.71M | SH | $439.9K 4.86% | 5.71M | 0.00 | 0.00 |
SCHWAB US TIPS ETFSOLE | COM | 16.19M | SH | $429.0K 4.74% | 16.19M | 0.00 | 0.00 |
INVESCO SP MIDCAP 400 QVM MSOLE | COM | 11.88M | SH | $428.2K 4.73% | 11.88M | 0.00 | 0.00 |
SS SPDR P INT C CORP ETFSOLE | COM | 11.88M | SH | $397.5K 4.39% | 11.88M | 0.00 | 0.00 |
BONDBLOXXBB RATED USD HY CBSOLE | COM | 7.37M | SH | $302.2K 3.34% | 7.37M | 0.00 | 0.00 |
INVESCO SP SMALLCAP 600 QVMSOLE | COM | 7.11M | SH | $249.4K 2.76% | 7.11M | 0.00 | 0.00 |
ISHARES CORE MSCI EMERGINGSOLE | COM | 2.98M | SH | $246.5K 2.72% | 2.98M | 0.00 | 0.00 |
BONDBLOXXJPM USD EM MK 110SOLE | COM | 4.71M | SH | $211.8K 2.34% | 4.71M | 0.00 | 0.00 |
SS SPDR P HIGH YIELD ETFSOLE | COM | 8.19M | SH | $192.0K 2.12% | 8.19M | 0.00 | 0.00 |
INVESCO SP 500 EQUAL WEIGHTSOLE | COM | 748.71K | SH | $159.3K 1.76% | 748.71K | 0.00 | 0.00 |
FRANKLIN FTSE CANADA ETFSOLE | COM | 2.77M | SH | $142.8K 1.58% | 2.77M | 0.00 | 0.00 |
ISHARES FALLEN ANGELS ETFSOLE | COM | 4.66M | SH | $126.9K 1.40% | 4.66M | 0.00 | 0.00 |
ISHARES MSCI GLOBAL METALSSOLE | COM | 1.77M | SH | $102.8K 1.14% | 1.77M | 0.00 | 0.00 |
BONDBLOXX BBG 5 YR US TREASSOLE | COM | 1.33M | SH | $64.9K 0.72% | 1.33M | 0.00 | 0.00 |
ISHARES MSCI GLOBAL GOLD MINSOLE | COM | 776.75K | SH | $50.2K 0.55% | 776.75K | 0.00 | 0.00 |
JPMORGAN BETABUILDERS CANADASOLE | COM | 478.67K | SH | $47.6K 0.53% | 478.67K | 0.00 | 0.00 |
SS ENERGY SELECT SECTORSOLE | COM | 474.88K | SH | $25.2K 0.28% | 474.88K | 0.00 | 0.00 |
ISHARES COPPER AND METALSSOLE | COM | 501.67K | SH | $24.7K 0.27% | 501.67K | 0.00 | 0.00 |
BONDBLOXXB RATED USD HY CBSOLE | COM | 266.86K | SH | $10.5K 0.12% | 266.86K | 0.00 | 0.00 |
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