Municipal Employees' Retirement System of Michigan
CIK 1588873 · View on SEC EDGAR ↗
- Portfolio value
- $8.8M
- Positions
- 30
- As of
- June 30, 2026
#8,980 of 9,443 by 13F value · top 95.1%
Portfolio value QoQ: +1.0% 13F does not disclose cash
- Top 10 holdings weight
- 77.43%
- Top 25 holdings weight
- 99.79%
- Positions above 1%
- 19
- Effective number of positions
- 12.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.23% Est. buys $194,514 · sells $688,378
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 53.6% still held
- New positions
- 2
- Increased
- 2
- Decreased
- 8
- Closed
- 9
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Financial Services
0.1%
Other/Unmapped
99.9%
Full portfolio 30 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| QVML | $1,347,008 | 15.39% | 30,516,713 | $40,943 | Down ×1 | ||
| IVV | $1,226,638 | 14.02% | 1,637,942 | $156,718 | |||
| SPTI | $887,571 | 10.14% | 31,263,514 | $-221,642 | Down ×1 | ||
| SPTS | $658,149 | 7.52% | 22,686,978 | $-161,377 | Down ×1 | ||
| VGK | $588,302 | 6.72% | 6,644,476 | $30,674 | Down ×2 | ||
| IJH | $439,916 | 5.03% | 5,705,045 | $54,654 | |||
| SCHP | $428,998 | 4.90% | 16,188,586 | $-1,780 | |||
| QVMM | $428,183 | 4.89% | 11,882,576 | $51,578 | |||
| SPIB | $397,502 | 4.54% | 11,879,902 | $4,924 | Up ×1 | ||
| SPTL | $373,698 | 4.27% | 14,246,985 | $-90,154 | Down ×1 | ||
| XBB | $302,236 | 3.45% | 7,372,511 | $2,249 | |||
| QVMS | $249,431 | 2.85% | 7,114,414 | $42,150 | |||
| IEMG | $246,453 | 2.82% | 2,975,052 | $15,313 | Down ×2 | ||
| XEMD | $211,797 | 2.42% | 4,714,975 | $4,574 | |||
| SPHY | $192,014 | 2.19% | 8,191,734 | $983 | |||
| RSP | $159,303 | 1.82% | 748,708 | Up ×1 | |||
| FLCA | $142,765 | 1.63% | 2,773,743 | $7,018 | |||
| FALN iShares Fallen Angels USD Bond ETF | $126,858 | 1.45% | 4,657,064 | $29,141 | Up ×1 | ||
| PICK | $102,801 | 1.17% | 1,767,862 | $2,758 | |||
| XFIV | $64,867 | 0.74% | 1,332,525 | $-640 | |||
| RING iShares MSCI Global Gold Miners ETF | $50,178 | 0.57% | 776,753 | $-11,170 | |||
| BBCA | $47,580 | 0.54% | 478,673 | $-12,583 | Down ×3 | ||
| XLE XLE | $25,221 | 0.29% | 474,882 | $-3,870 | |||
| ICOP iShares Copper and Metals Mining ETF | $24,697 | 0.28% | 501,672 | $829 | |||
| XB | $10,475 | 0.12% | 266,860 | $79 | |||
| COIN Coinbase Global, Inc. - 3Class A Common Stock | $7,420 | 0.08% | 50,757 | $-1,443 | |||
| XCCC | $4,448 | 0.05% | 121,654 | $20 | |||
| IJR | $3,579 | 0.04% | 24,129 | $580 | |||
| FIGR Figure Technology Solutions, Inc. - Class A Common Stock | $2,111 | 0.02% | 68,729 | Up ×1 | |||
| BBAX | $526 | 0.01% | 8,785 | $-17,238 | Down ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| RSP | $159,303 | 748,708 | 1.82% |
| FIGR | $2,111 | 68,729 | 0.02% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| SPTI | Trimmed | -7.4M | -$222K |
| SPTS | Trimmed | -5.4M | -$161K |
| IVV | Price move only | +0 | +$157K |
| SPTL | Trimmed | -3.4M | -$90K |
| IJH | Price move only | +0 | +$55K |
| QVMM | Price move only | +0 | +$52K |
| QVMS | Price move only | +0 | +$42K |
| QVML | Trimmed | -3.6M | +$41K |
| VGK | Trimmed | -120K | +$31K |
| FALN | Bought more | +1.0M | +$29K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IPAC | June 30, 2025 | 6,404,807 | $398,635 | No longer tracked |
| ISVL | March 31, 2025 | 4,592,859 | $157,510 | No longer tracked |
| EMHC | March 31, 2025 | 6,446,684 | $153,238 | No longer tracked |
| EMB | March 31, 2025 | 1,547,548 | $137,794 | |
| BBEU | June 30, 2025 | 2,042,693 | $126,300 | No longer tracked |
| MTBA | June 30, 2025 | 2,378,493 | $119,258 | No longer tracked |
| GATO | March 31, 2025 | 6,205,259 | $86,750 | No longer tracked |
| XONE | March 31, 2026 | 1,178,547 | $58,379 | No longer tracked |
| XHLF | Dec. 31, 2025 | 448,334 | $22,605 | No longer tracked |
| XTWO | March 31, 2026 | 416,558 | $20,607 | No longer tracked |
| XTRE | March 31, 2026 | 402,313 | $20,020 | No longer tracked |
| XSVN | March 31, 2026 | 403,857 | $19,403 | No longer tracked |
| XTEN | March 31, 2026 | 403,452 | $18,648 | No longer tracked |
| XTWY | March 31, 2026 | 420,244 | $15,902 | No longer tracked |
| SPYM | Dec. 31, 2025 | 188,205 | $14,744 | No longer tracked |
| AG | Dec. 31, 2025 | 1,126,289 | $13,842 | 29.1% |
| SPDW | Dec. 31, 2025 | 276,169 | $11,817 | No longer tracked |
| STIP | March 31, 2026 | 95,402 | $9,768 | No longer tracked |
| VGSH | March 31, 2026 | 133,074 | $7,815 | |
| SPSB | March 31, 2026 | 228,061 | $6,887 | No longer tracked |
| MBB | Dec. 31, 2025 | 67,475 | $6,420 | |
| SPEM | Dec. 31, 2025 | 107,144 | $5,015 | No longer tracked |
| VGLT | March 31, 2025 | 63,048 | $3,490 | |
| HYBB | Dec. 31, 2025 | 38,566 | $1,825 | No longer tracked |
| SPMD | Dec. 31, 2025 | 26,947 | $1,541 | No longer tracked |
| SPSM | Dec. 31, 2025 | 16,642 | $771 | No longer tracked |