Municipal Employees' Retirement System of Michigan

CIK: 0001588873SEC EDGAR →

Portfolio Value

$8.8B

Holdings

36

As of

Q4 2025

New Positions

0

Closed Positions

0

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

INVESCO S&P 500 QVM MULTIFA

34,132,010$1.4B
15.51%
2

SS SPDR P INT TERM TSY ETF

37,247,174$1.1B
12.15%
3

ISHARES CORE S&P 500 ETF

1,381,225$946.1M
10.70%
4

VANGUARD FTSE EUROPE ETF

9,136,296$763.9M
8.64%
5

SS SPDR P ST TERM TSY ETF

25,879,762$757.8M
8.57%
6

SS SPDR PF LNG TRM TSY EUSD

15,397,326$407.6M
4.61%
7

SCHWAB US TIPS ETF

15,248,383$403.9M
4.57%
8

SS SPDR P INT C CORP ETF

11,704,768$395.7M
4.48%
9

INVESCO S&P MIDCAP 400 QVM M

11,882,576$365.7M
4.14%
10

ISHARES CORE MSCI EMERGING

5,227,998$351.4M
3.98%

Quarterly Changes

Top Buys

SPTS↑ Increased
$114.4M
SPTL↑ Increased
$67.2M
VGK↑ Increased
$58.8M
XBB↑ Increased
$45.9M
SPTI↑ Increased
$37.8M

Top Sells

IVV↓ Decreased
$45.6M
SPIB↓ Decreased
$43.8M
SCHP↓ Decreased
$38.1M
RING↓ Decreased
$26.6M
XHLFCLOSED
$22.6M

Closed Positions (9)

$22.6M · 448K shares
$14.7M · 188K shares
$13.8M · 1.1M shares
$11.8M · 276K shares
$6.4M · 68K shares
$5.0M · 107K shares
$1.8M · 39K shares
$1.5M · 27K shares
$771K · 17K shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services36$8.8B100.0%