13F HOLDINGS REPORT
Municipal Employees' Retirement System of Michigan
Quarter ended Q3 2023 · Filed August 3, 2023 · Accession 0001588873-23-000004
Total Value
$7.0M
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 | $985,034 | 14.04% |
| 2 | INVESCO SP 500 QVM MULTIFA | IVZ | 36,124,001 | $938,133 | 13.38% |
| 3 | ISHARES CORE MSCI EMERGING | 46434G103 | 8,390,863 | $413,586 | 5.90% |
| 4 | ISHARES CORE MSCI PACIFIC ET | 46434V696 | 5,780,351 | $331,966 | 4.73% |
| 5 | SIM ST TREAS FUT STRAT ETF | 82889N657 | 14,296,810 | $324,252 | 4.62% |
| 6 | ISHARES CORE SP 500 ETF | 464287200 | 629,774 | $280,697 | 4.00% |
| 7 | INVESCO SP MIDCAP 400 QVM M | IVZ | 10,848,386 | $261,229 | 3.72% |
| 8 | VANGUARD SHORTTERM TREASURY | 92206C102 | 4,097,486 | $236,548 | 3.37% |
| 9 | BONDBLOXX BBG 1 DUR US TREAS | 09789C861 | 4,502,743 | $223,674 | 3.19% |
| 10 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 7,262,461 | $209,086 | 2.98% |
| 11 | ISHARES JP MORGAN USD EMERGI | 464288281 | 2,331,985 | $201,810 | 2.88% |
| 12 | VANGUARD INTERMEDIATETERM T | 92206C706 | 3,390,733 | $198,900 | 2.84% |
| 13 | INVESCO SP SMALLCAP 600 QVM | IVZ | 8,595,731 | $198,044 | 2.82% |
| 14 | ISHARES CORE SP MIDCAP ETF | 464287507 | 692,712 | $181,130 | 2.58% |
| 15 | BONDBLOXXJPM USD EM MK 110 | 09789C879 | 4,504,991 | $179,582 | 2.56% |
| 16 | VANGUARD FTSE EUROPE ETF | 922042874 | 2,890,092 | $178,319 | 2.54% |
| 17 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 7,187,176 | $170,839 | 2.44% |
| 18 | SPDR PORTFOLIO HIGH YIELD BO | 78468R606 | 6,696,428 | $152,946 | 2.18% |
| 19 | ISHARES INTERNATIONAL DEVELO | 46436E510 | 4,592,859 | $145,240 | 2.07% |
| 20 | ISHARES MSCI JAPAN VALUE ETF | 46435U374 | 4,695,633 | $128,473 | 1.83% |
| 21 | ISHARES MSCI GLOBAL METALS | 46434G848 | 2,646,715 | $107,086 | 1.53% |
| 22 | JPMORGAN BETABUILDERS EUROPE | 46641Q191 | 1,873,009 | $101,367 | 1.45% |
| 23 | BONDBLOXX BBG 6 MTH US TREAS | 09789C788 | 1,714,155 | $86,093 | 1.23% |
| 24 | FRANKLIN FTSE CANADA ETF | FGDL | 2,627,161 | $82,992 | 1.18% |
| 25 | JPMORGAN BETABUILDERS DEVELO | 46641Q233 | 1,310,599 | $62,686 | 0.89% |
| 26 | BONDBLOXX BBG 2Y US TSY ETF | 09789C853 | 1,144,713 | $56,226 | 0.80% |
| 27 | ISHARES CORE SP MIDCAP ETF | 464287507 | 201,450 | $52,675 | 0.75% |
| 28 | VANGUARD LONGTERM TREASURY | 92206C847 | 764,623 | $48,576 | 0.69% |
| 29 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 1,702,927 | $39,678 | 0.57% |
| 30 | BONDBLOXXBB RATED USD HY CB | 09789C705 | 996,434 | $38,954 | 0.56% |
| 31 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 1,551,410 | $36,148 | 0.52% |
| 32 | ISHARES BROAD USD HIGH YIELD | 46435U853 | 1,012,438 | $35,739 | 0.51% |
| 33 | BONDBLOXX BBG 5 YR US TREAS | 09789C838 | 704,064 | $34,288 | 0.49% |
| 34 | ENERGY SELECT SECTOR SPDR | 81369Y506 | 332,805 | $27,014 | 0.39% |
| 35 | ISHARES CORE SP SMALLCAP E | 464287804 | 257,838 | $25,694 | 0.37% |
| 36 | ISHARES 20 YEAR TREASURY BO | 464287432 | 232,776 | $23,962 | 0.34% |
| 37 | GATOS SILVER INC | 368036109 | 6,205,259 | $23,456 | 0.33% |
| 38 | BONDBLOXX BBG 20Y US TSY ETF | 09789C796 | 420,244 | $19,760 | 0.28% |
| 39 | ISHARES MBS ETF | 464288588 | 211,126 | $19,691 | 0.28% |
| 40 | BONDBLOXX BBG 3Y US TSY ETF | 09789C846 | 402,313 | $19,670 | 0.28% |
| 41 | BONDBLOXX BBG 7 YR US TREAS | 09789C820 | 403,857 | $19,540 | 0.28% |
| 42 | BONDBLOXX BBG 10Y US TSY ETF | 09789C812 | 403,452 | $19,451 | 0.28% |
| 43 | VANGUARD SHORTTERM TREASURY | 92206C102 | 189,593 | $10,945 | 0.16% |
| 44 | BONDBLOXXB RATED USD HY CB | 09789C804 | 266,860 | $10,330 | 0.15% |
| 45 | VANECK JUNIOR GOLD MINERS | 92189F791 | 234,159 | $8,350 | 0.12% |
| 46 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 84,248 | $8,223 | 0.12% |
| 47 | SPDR PORT SHRT TRM CORP BND | 78464A474 | 239,775 | $7,059 | 0.10% |
| 48 | VANGUARD SHORTTERM TREASURY | 92206C102 | 121,930 | $7,039 | 0.10% |
| 49 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 69,094 | $6,744 | 0.10% |
| 50 | ISHARES MBS ETF | 464288588 | 69,433 | $6,476 | 0.09% |
| 51 | ISHARES IBOXX HIGH YLD CORP | 464288513 | 67,440 | $5,063 | 0.07% |
| 52 | BONDBLOXXCCCUSD HY CORP BD | 09789C887 | 121,654 | $4,588 | 0.07% |
| 53 | SPDR PORT INT CORP BOND ETF | 78464A375 | 139,192 | $4,469 | 0.06% |
| 54 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 139,419 | $4,014 | 0.06% |
| 55 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 102,325 | $2,432 | 0.03% |
| 56 | VANGUARD SHORTTERM TREASURY | 92206C102 | 36,243 | $2,092 | 0.03% |
| 57 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 19,152 | $1,869 | 0.03% |
| 58 | SPDR PORT LNG TRM TRSRY | 78464A664 | 57,326 | $1,714 | 0.02% |
| 59 | ISHARES BB RATED CORP BOND | 46435U473 | 37,030 | $1,659 | 0.02% |
| 60 | VANGUARD LONGTERM TREASURY | 92206C847 | 3,707 | $236 | 0.00% |
| 61 | ISHARES MBS ETF | 464288588 | 76 | $7 | 0.00% |
| 62 | SPDR PORT INT TREASURY TERM | 78464A672 | 167 | $5 | 0.00% |
| 63 | MILLERKNOLL INC | MLKN | 102 | $2 | 0.00% |
| 64 | ISHARES JP MORGAN EM LOCAL C | 464286517 | 28 | $1 | 0.00% |