13F HOLDINGS REPORT
Municipal Employees' Retirement System of Michigan
Quarter ended Q2 2023 · Filed May 4, 2023 · Accession 0001588873-23-000003
Total Value
$6.5M
Positions
64
Other Managers
0
Confidential Omitted
No
Holdings (64)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES CORE SP 500 ETF | 464287200 | 2,210,034 | $908,501 | 14.01% |
| 2 | INVESCO SP 500 QVM MULTIFA | IVZ | 36,124,001 | $878,738 | 13.55% |
| 3 | ISHARES CORE MSCI EMERGING | 46434G103 | 7,880,347 | $384,482 | 5.93% |
| 4 | ISHARES CORE MSCI PACIFIC ET | 46434V696 | 5,780,351 | $326,994 | 5.04% |
| 5 | ISHARES CORE SP 500 ETF | 464287200 | 629,774 | $258,887 | 3.99% |
| 6 | INVESCO SP MIDCAP 400 QVM M | IVZ | 10,848,386 | $250,706 | 3.87% |
| 7 | VANGUARD SHORTTERM TREASURY | 92206C102 | 4,097,486 | $239,867 | 3.70% |
| 8 | SPDR PORT INT TREASURY TERM | 78464A672 | 8,082,671 | $233,912 | 3.61% |
| 9 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 7,262,461 | $212,282 | 3.27% |
| 10 | VANGUARD INTERMEDIATETERM T | 92206C706 | 3,390,733 | $203,308 | 3.13% |
| 11 | ISHARES JP MORGAN USD EMERGI | 464288281 | 2,331,985 | $201,204 | 3.10% |
| 12 | INVESCO SP SMALLCAP 600 QVM | IVZ | 8,595,731 | $191,427 | 2.95% |
| 13 | BONDBLOXXJPM USD EM MK 110 | 09789C879 | 4,504,991 | $179,297 | 2.76% |
| 14 | VANGUARD FTSE EUROPE ETF | 922042874 | 2,890,092 | $176,151 | 2.72% |
| 15 | ISHARES CORE SP MIDCAP ETF | 464287507 | 692,712 | $173,289 | 2.67% |
| 16 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 7,187,176 | $171,199 | 2.64% |
| 17 | SPDR PORTFOLIO HIGH YIELD BO | 78468R606 | 6,696,428 | $153,884 | 2.37% |
| 18 | ISHARES INTERNATIONAL DEVELO | 46436E510 | 4,592,859 | $145,816 | 2.25% |
| 19 | ISHARES MSCI JAPAN VALUE ETF | 46435U374 | 4,695,633 | $120,659 | 1.86% |
| 20 | ISHARES 20 YEAR TREASURY BO | 464287432 | 1,116,636 | $118,777 | 1.83% |
| 21 | ISHARES MSCI GLOBAL METALS | 46434G848 | 2,493,325 | $106,515 | 1.64% |
| 22 | FRANKLIN FTSE CANADA ETF | FGDL | 2,627,161 | $80,838 | 1.25% |
| 23 | JPMORGAN BETABUILDERS DEVELO | 46641Q233 | 1,310,599 | $64,416 | 0.99% |
| 24 | BONDBLOXX BBG 1 DUR US TREAS | 09789C861 | 1,222,422 | $61,174 | 0.94% |
| 25 | BONDBLOXX BBG 2Y US TSY ETF | 09789C853 | 1,144,713 | $57,107 | 0.88% |
| 26 | ISHARES CORE SP MIDCAP ETF | 464287507 | 201,450 | $50,395 | 0.78% |
| 27 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 1,637,279 | $41,210 | 0.64% |
| 28 | GATOS SILVER INC | 368036109 | 6,205,259 | $40,520 | 0.62% |
| 29 | BONDBLOXXBB RATED USD HY CB | 09789C705 | 996,434 | $39,580 | 0.61% |
| 30 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 1,551,410 | $39,049 | 0.60% |
| 31 | ISHARES BROAD USD HIGH YIELD | 46435U853 | 1,012,438 | $35,992 | 0.55% |
| 32 | ENERGY SELECT SECTOR SPDR | 81369Y506 | 424,815 | $35,187 | 0.54% |
| 33 | BONDBLOXX BBG 5 YR US TREAS | 09789C838 | 704,064 | $35,167 | 0.54% |
| 34 | BONDBLOXX BBG 6 MTH US TREAS | 09789C788 | 678,299 | $34,132 | 0.53% |
| 35 | ISHARES CORE SP SMALLCAP E | 464287804 | 257,838 | $24,933 | 0.38% |
| 36 | BONDBLOXX BBG 20Y US TSY ETF | 09789C796 | 420,244 | $20,504 | 0.32% |
| 37 | BONDBLOXX BBG 7 YR US TREAS | 09789C820 | 403,857 | $20,088 | 0.31% |
| 38 | BONDBLOXX BBG 3Y US TSY ETF | 09789C846 | 402,313 | $20,069 | 0.31% |
| 39 | BONDBLOXX BBG 10Y US TSY ETF | 09789C812 | 403,452 | $20,056 | 0.31% |
| 40 | ISHARES MBS ETF | 464288588 | 211,126 | $20,000 | 0.31% |
| 41 | VANGUARD LONGTERM TREASURY | 92206C847 | 231,374 | $15,157 | 0.23% |
| 42 | VANGUARD SHORTTERM TREASURY | 92206C102 | 189,593 | $11,099 | 0.17% |
| 43 | BONDBLOXXB RATED USD HY CB | 09789C804 | 266,860 | $10,406 | 0.16% |
| 44 | VANECK JUNIOR GOLD MINERS | 92189F791 | 234,159 | $9,249 | 0.14% |
| 45 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 69,094 | $6,856 | 0.11% |
| 46 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 68,150 | $6,763 | 0.10% |
| 47 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 191,313 | $5,592 | 0.09% |
| 48 | SPDR PORT SHRT TRM CORP BND | 78464A474 | 186,869 | $5,537 | 0.09% |
| 49 | ISHARES IBOXX HIGH YLD CORP | 464288513 | 67,440 | $5,095 | 0.08% |
| 50 | ISHARES MBS ETF | 464288588 | 52,458 | $4,969 | 0.08% |
| 51 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 164,839 | $4,818 | 0.07% |
| 52 | SPDR PORT INT CORP BOND ETF | 78464A375 | 141,978 | $4,613 | 0.07% |
| 53 | BONDBLOXXCCCUSD HY CORP BD | 09789C887 | 121,654 | $4,572 | 0.07% |
| 54 | SPDR PORT LNG TRM TRSRY | 78464A664 | 83,381 | $2,575 | 0.04% |
| 55 | ISHARES 03 MONTH TREASURY B | 46436E718 | 21,994 | $2,212 | 0.03% |
| 56 | VANGUARD SHORTTERM TREASURY | 92206C102 | 36,243 | $2,122 | 0.03% |
| 57 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 83,097 | $1,979 | 0.03% |
| 58 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 18,932 | $1,879 | 0.03% |
| 59 | ISHARES BB RATED CORP BOND | 46435U473 | 36,439 | $1,657 | 0.03% |
| 60 | ISHARES MBS ETF | 464288588 | 11,849 | $1,122 | 0.02% |
| 61 | VANGUARD SHORTTERM TREASURY | 92206C102 | 18,466 | $1,081 | 0.02% |
| 62 | VANGUARD LONGTERM TREASURY | 92206C847 | 3,707 | $243 | 0.00% |
| 63 | ISHARES MBS ETF | 464288588 | 76 | $7 | 0.00% |
| 64 | MILLERKNOLL INC | MLKN | 102 | $2 | 0.00% |