13F HOLDINGS REPORT
Municipal Employees' Retirement System of Michigan
Quarter ended Q4 2023 · Filed November 6, 2023 · Accession 0001588873-23-000005
Total Value
$7.2M
Positions
62
Other Managers
0
Confidential Omitted
No
Holdings (62)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES CORE S&P 500 ETF | 464287200 | 2,445,232 | $1.1M | 14.59% |
| 2 | INVESCO S&P 500 QVM MULTIFA | IVZ | 32,080,028 | $802,151 | 11.15% |
| 3 | ISHARES CORE MSCI EMERGING | 46434G103 | 8,390,863 | $399,321 | 5.55% |
| 4 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 13,165,238 | $378,106 | 5.26% |
| 5 | SIM ST TREAS FUT STRAT ETF | 82889N657 | 16,534,947 | $361,123 | 5.02% |
| 6 | ISHARES CORE S&P 500 ETF | 464287200 | 629,774 | $270,444 | 3.76% |
| 7 | INVESCO S&P MIDCAP 400 QVM M | IVZ | 10,848,386 | $250,055 | 3.48% |
| 8 | ISHARES CORE MSCI PACIFIC ET | 46434V696 | 4,476,690 | $248,904 | 3.46% |
| 9 | VANGUARD SHORTTERM TREASURY | 92206C102 | 4,097,486 | $236,015 | 3.28% |
| 10 | BONDBLOXX BBG 1 DUR US TREAS | 09789C861 | 4,502,743 | $223,921 | 3.11% |
| 11 | VANGUARD INTERMEDIATETERM T | 92206C706 | 3,390,733 | $193,780 | 2.69% |
| 12 | INVESCO S&P SMALLCAP 600 QVM | IVZ | 8,595,731 | $187,556 | 2.61% |
| 13 | SPDR PORT LNG TRM TRSRY | 78464A664 | 6,883,165 | $179,995 | 2.50% |
| 14 | BONDBLOXXJPM USD EM MK 110 | 09789C879 | 4,504,991 | $175,061 | 2.43% |
| 15 | ISHARES JP MORGAN USD EMERGI | 464288281 | 2,073,137 | $171,075 | 2.38% |
| 16 | VANGUARD FTSE EUROPE ETF | 922042874 | 2,890,092 | $167,423 | 2.33% |
| 17 | SPDR PORT INT TREASURY TERM | 78464A672 | 5,977,627 | $164,564 | 2.29% |
| 18 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 7,187,176 | $162,718 | 2.26% |
| 19 | ISHARES INTERNATIONAL DEVELO | 46436E510 | 4,592,859 | $141,096 | 1.96% |
| 20 | ISHARES CORE S&P MIDCAP ETF | 464287507 | 544,703 | $135,822 | 1.89% |
| 21 | SPDR PORTFOLIO HIGH YIELD BO | 78468R606 | 6,034,761 | $135,299 | 1.88% |
| 22 | JPMORGAN BETABUILDERS EUROPE | 46641Q191 | 2,267,719 | $115,268 | 1.60% |
| 23 | ISHARES MSCI GLOBAL METALS & | 46434G848 | 2,571,734 | $102,252 | 1.42% |
| 24 | ISHARES MSCI JAPAN VALUE ETF | 46435U374 | 3,046,678 | $86,983 | 1.21% |
| 25 | BONDBLOXX BBG 6 MTH US TREAS | 09789C788 | 1,714,155 | $86,171 | 1.20% |
| 26 | FRANKLIN FTSE CANADA ETF | FGDL | 2,627,161 | $79,104 | 1.10% |
| 27 | ISHARES MBS ETF | 464288588 | 790,156 | $70,166 | 0.98% |
| 28 | BONDBLOXX BBG 2Y US TSY ETF | 09789C853 | 1,144,713 | $55,976 | 0.78% |
| 29 | ISHARES CORE S&P MIDCAP ETF | 464287507 | 201,450 | $50,232 | 0.70% |
| 30 | VANGUARD LONGTERM TREASURY | 92206C847 | 764,623 | $42,444 | 0.59% |
| 31 | JPMORGAN BETABUILDERS DEVELO | 46641Q233 | 910,009 | $40,978 | 0.57% |
| 32 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 1,964,707 | $40,669 | 0.57% |
| 33 | BONDBLOXXBB RATED USD HY CB | 09789C705 | 996,434 | $38,034 | 0.53% |
| 34 | BONDBLOXX BBG 5 YR US TREAS | 09789C838 | 704,064 | $33,381 | 0.46% |
| 35 | GATOS SILVER INC | 368036109 | 6,205,259 | $32,143 | 0.45% |
| 36 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 1,551,410 | $32,114 | 0.45% |
| 37 | ENERGY SELECT SECTOR SPDR | 81369Y506 | 332,805 | $30,082 | 0.42% |
| 38 | ISHARES CORE S&P SMALLCAP E | 464287804 | 257,838 | $24,322 | 0.34% |
| 39 | ISHARES 20 YEAR TREASURY BO | 464287432 | 232,776 | $20,645 | 0.29% |
| 40 | BONDBLOXX BBG 3Y US TSY ETF | 09789C846 | 402,313 | $19,460 | 0.27% |
| 41 | ISHARES MBS ETF | 464288588 | 211,126 | $18,748 | 0.26% |
| 42 | BONDBLOXX BBG 7 YR US TREAS | 09789C820 | 403,857 | $18,601 | 0.26% |
| 43 | BONDBLOXX BBG 10Y US TSY ETF | 09789C812 | 403,452 | $17,946 | 0.25% |
| 44 | BONDBLOXX BBG 20Y US TSY ETF | 09789C796 | 420,244 | $16,574 | 0.23% |
| 45 | VANGUARD SHORTTERM TREASURY | 92206C102 | 189,593 | $10,921 | 0.15% |
| 46 | BONDBLOXXB RATED USD HY CB | 09789C804 | 266,860 | $10,149 | 0.14% |
| 47 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 84,248 | $8,165 | 0.11% |
| 48 | VANECK JUNIOR GOLD MINERS | 92189F791 | 234,159 | $7,547 | 0.10% |
| 49 | ISHARES MBS ETF | 464288588 | 81,021 | $7,195 | 0.10% |
| 50 | SPDR PORT SHRT TRM CORP BND | 78464A474 | 239,775 | $7,030 | 0.10% |
| 51 | VANGUARD SHORTTERM TREASURY | 92206C102 | 121,930 | $7,023 | 0.10% |
| 52 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 69,094 | $6,697 | 0.09% |
| 53 | VANGUARD SHORTTERM TREASURY | 92206C102 | 105,759 | $6,092 | 0.08% |
| 54 | SPDR PORT INT CORP BOND ETF | 78464A375 | 147,168 | $4,628 | 0.06% |
| 55 | BONDBLOXXCCCUSD HY CORP BD | 09789C887 | 121,654 | $4,545 | 0.06% |
| 56 | VANGUARD LONGTERM TREASURY | 92206C847 | 60,504 | $3,359 | 0.05% |
| 57 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 18,914 | $1,833 | 0.03% |
| 58 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 75,772 | $1,715 | 0.02% |
| 59 | ISHARES BB RATED CORP BOND | 46435U473 | 30,699 | $1,344 | 0.02% |
| 60 | ISHARES MBS ETF | 464288588 | 76 | $7 | 0.00% |
| 61 | MILLERKNOLL INC | MLKN | 102 | $2 | 0.00% |
| 62 | ISHARES JP MORGAN EM LOCAL C | 464286517 | 28 | $1 | 0.00% |