Municipal Employees' Retirement System of Michigan
CIK: 0001588873Latest portfolio: $8.8B · Q4 2025
Holdings
36
Total Value
$8.8B
New Positions
0
Closed Positions
9
Top Holdings
View All 36 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | QVMLINVESCO S&P 500 QVM MULTIFA | 34,132,010 | $1.4B | 15.51% | — | |
| 2 | SPTISS SPDR P INT TERM TSY ETF | 37,247,174 | $1.1B | 12.15% | +1.4M | |
| 3 | IVVISHARES CORE S&P 500 ETF | 1,381,225 | $946.1M | 10.70% | -100,437 | |
| 4 | VGKVANGUARD FTSE EUROPE ETF | 9,136,296 | $763.9M | 8.64% | +301K | |
| 5 | SPTSSS SPDR P ST TERM TSY ETF | 25,879,762 | $757.8M | 8.57% | +3.9M | |
| 6 | SPTLSS SPDR PF LNG TRM TSY EUSD | 15,397,326 | $407.6M | 4.61% | +2.8M | |
| 7 | SCHPSCHWAB US TIPS ETF | 15,248,383 | $403.9M | 4.57% | -1,152,844 | |
| 8 | SPIBSS SPDR P INT C CORP ETF | 11,704,768 | $395.7M | 4.48% | -1,263,328 | |
| 9 | QVMMINVESCO S&P MIDCAP 400 QVM M | 11,882,576 | $365.7M | 4.14% | — | |
| 10 | IEMGISHARES CORE MSCI EMERGING | 5,227,998 | $351.4M | 3.98% | +455K | |
| 11 | IJHISHARES CORE S&P MIDCAP ETF | 4,596,783 | $303.4M | 3.43% | +42K | |
| 12 | XBBBONDBLOXXBB RATED USD HY CB | 7,372,511 | $303.3M | 3.43% | +1.1M | |
| 13 | XEMDBONDBLOXXJPM USD EM MK 110 | 4,714,975 | $210.2M | 2.38% | +17K | |
| 14 | QVMSINVESCO S&P SMALLCAP 600 QVM | 7,114,414 | $200.9M | 2.27% | — | |
| 15 | SPHYSS SPDR P HIGH YIELD ETF | 6,000,856 | $142.0M | 1.61% | +47K | |
| 16 | PICKISHARES MSCI GLOBAL METALS & | 2,658,856 | $136.5M | 1.54% | -374,136 | |
| 17 | FLCAFRANKLIN FTSE CANADA ETF | 2,773,743 | $134.0M | 1.52% | — | |
| 18 | FALNISHARES FALLEN ANGELS ETF | 3,657,064 | $99.8M | 1.13% | +181K | |
| 19 | BBCAJPMORGAN BETABUILDERS CANADA | 909,454 | $84.6M | 0.96% | -31,102 | |
| 20 | RINGISHARES MSCI GLOBAL GOLD MIN | 844,062 | $62.2M | 0.70% | -528,148 | |
| 21 | XONEBONDBLOXX BBG 1 DUR US TREAS | 1,178,547 | $58.4M | 0.66% | — | |
| 22 | XLESS ENERGY SELECT SECTOR | 991,274 | $44.3M | 0.50% | +631K | |
| 23 | XFIVBONDBLOXX BBG 5 YR US TREAS | 704,064 | $34.8M | 0.39% | — | |
| 24 | ICOPISHARES COPPER AND METALS | 784,271 | $34.8M | 0.39% | — | |
| 25 | XTWOBONDBLOXX BBG 2Y US TSY ETF | 416,558 | $20.6M | 0.23% | — |
Quarterly Changes
New Positions
No new positions this quarter
Sector Breakdown
Financial Services100.0% ($1.3713181074208948e+184T)
Filing History
Fund Information
Municipal Employees' Retirement System of Michigan is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $8.8B across 36 holdings. The largest position is INVESCO S&P 500 QVM MULTIFA (QVML), representing 15.5% of the portfolio. Compared to the previous quarter, the fund opened 0 new positions and closed 9 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.