MUNICIPAL EMPLOYEES' RETIREMENT SYSTEM OF MICHIGAN

PrivateCIK: 1588873
Location

LANSING, MI

28
Positions
$8.81M
Total AUM (reported)
221.20M
Total Shares

Allocation by class

TOTAL AUM$8.81M28 positions
COM$8.81M100.0%

Portfolio Concentration

Top 339.6%4–1040.5%11–2519.7%Rest0.2%TOP 1080.1%0%100%
Top 3$3.49M39.6%
4–10$3.57M40.5%
11–25$1.74M19.7%
Rest$16.3K0.2%

Top 3 weight

39.6%

Top 10 weight

80.1%

Voting Authority Distribution

Total shares with voting rights: 221.20M

Sole

Full voting authority

221.20M

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)

Sole28
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings28
Rows:

INVESCO S&P 500 QVM MULTIFA

SOLE
COM
Shares34.13M
TypeSH
Market value$1.31M
14.83%
Sole
34.13M
Shared
0.00
None
0.00

SS SPDR P INT TERM TSY ETF

SOLE
COM
Shares38.70M
TypeSH
Market value$1.11M
12.59%
Sole
38.70M
Shared
0.00
None
0.00

ISHARES CORE S&P 500 ETF

SOLE
COM
Shares1.64M
TypeSH
Market value$1.07M
12.15%
Sole
1.64M
Shared
0.00
None
0.00

SS SPDR P ST TERM TSY ETF

SOLE
COM
Shares28.09M
TypeSH
Market value$819.5K
9.31%
Sole
28.09M
Shared
0.00
None
0.00

SS SPDR PF LNG TRM TSY EUSD

SOLE
COM
Shares23M
TypeSH
Market value$604.9K
6.87%
Sole
23M
Shared
0.00
None
0.00

VANGUARD FTSE EUROPE ETF

SOLE
COM
Shares6.76M
TypeSH
Market value$557.6K
6.33%
Sole
6.76M
Shared
0.00
None
0.00

SCHWAB US TIPS ETF

SOLE
COM
Shares16.19M
TypeSH
Market value$430.8K
4.89%
Sole
16.19M
Shared
0.00
None
0.00

SS SPDR P INT C CORP ETF

SOLE
COM
Shares11.70M
TypeSH
Market value$392.6K
4.46%
Sole
11.70M
Shared
0.00
None
0.00

ISHARES CORE S&P MIDCAP ETF

SOLE
COM
Shares5.71M
TypeSH
Market value$385.3K
4.37%
Sole
5.71M
Shared
0.00
None
0.00

INVESCO S&P MIDCAP 400 QVM M

SOLE
COM
Shares11.88M
TypeSH
Market value$376.6K
4.28%
Sole
11.88M
Shared
0.00
None
0.00

BONDBLOXXBB RATED USD HY CB

SOLE
COM
Shares7.37M
TypeSH
Market value$300.0K
3.41%
Sole
7.37M
Shared
0.00
None
0.00

ISHARES CORE MSCI EMERGING

SOLE
COM
Shares3.31M
TypeSH
Market value$231.1K
2.62%
Sole
3.31M
Shared
0.00
None
0.00

INVESCO S&P SMALLCAP 600 QVM

SOLE
COM
Shares7.11M
TypeSH
Market value$207.3K
2.35%
Sole
7.11M
Shared
0.00
None
0.00

BONDBLOXXJPM USD EM MK 110

SOLE
COM
Shares4.71M
TypeSH
Market value$207.2K
2.35%
Sole
4.71M
Shared
0.00
None
0.00

SS SPDR P HIGH YIELD ETF

SOLE
COM
Shares8.19M
TypeSH
Market value$191.0K
2.17%
Sole
8.19M
Shared
0.00
None
0.00

FRANKLIN FTSE CANADA ETF

SOLE
COM
Shares2.77M
TypeSH
Market value$135.7K
1.54%
Sole
2.77M
Shared
0.00
None
0.00

ISHARES MSCI GLOBAL METALS &

SOLE
COM
Shares1.77M
TypeSH
Market value$100.0K
1.14%
Sole
1.77M
Shared
0.00
None
0.00

ISHARES FALLEN ANGELS ETF

SOLE
COM
Shares3.66M
TypeSH
Market value$97.7K
1.11%
Sole
3.66M
Shared
0.00
None
0.00

BONDBLOXX BBG 5 YR US TREAS

SOLE
COM
Shares1.33M
TypeSH
Market value$65.5K
0.74%
Sole
1.33M
Shared
0.00
None
0.00

ISHARES MSCI GLOBAL GOLD MIN

SOLE
COM
Shares776.75K
TypeSH
Market value$61.3K
0.70%
Sole
776.75K
Shared
0.00
None
0.00

JPMORGAN BETABUILDERS CANADA

SOLE
COM
Shares639.62K
TypeSH
Market value$60.2K
0.68%
Sole
639.62K
Shared
0.00
None
0.00

SS ENERGY SELECT SECTOR

SOLE
COM
Shares474.88K
TypeSH
Market value$29.1K
0.33%
Sole
474.88K
Shared
0.00
None
0.00

ISHARES COPPER AND METALS

SOLE
COM
Shares501.67K
TypeSH
Market value$23.9K
0.27%
Sole
501.67K
Shared
0.00
None
0.00

JPMORGAN BETABUILDERS DEVELO

SOLE
COM
Shares298.79K
TypeSH
Market value$17.8K
0.20%
Sole
298.79K
Shared
0.00
None
0.00

BONDBLOXXB RATED USD HY CB

SOLE
COM
Shares266.86K
TypeSH
Market value$10.4K
0.12%
Sole
266.86K
Shared
0.00
None
0.00
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