13F HOLDINGS REPORT
Municipal Employees' Retirement System of Michigan
Quarter ended Q1 2024 · Filed April 17, 2024 · Accession 0001588873-24-000005
Total Value
$7.8M
Positions
56
Other Managers
0
Confidential Omitted
No
Holdings (56)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES CORE SP 500 ETF | 464287200 | 1,924,864 | $1.0M | 13.04% |
| 2 | INVESCO SP 500 QVM MULTIFA | IVZ | 30,288,556 | $942,419 | 12.14% |
| 3 | SPDR PORT INT TREASURY TERM | 78464A672 | 26,424,332 | $744,638 | 9.59% |
| 4 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 21,697,170 | $627,482 | 8.08% |
| 5 | ISHARES CORE MSCI EMERGING | 46434G103 | 7,924,815 | $408,920 | 5.27% |
| 6 | SPDR PORT LNG TRM TRSRY | 78464A664 | 11,622,475 | $324,732 | 4.18% |
| 7 | INVESCO SP MIDCAP 400 QVM M | IVZ | 10,848,386 | $306,723 | 3.95% |
| 8 | ISHARES CORE MSCI PACIFIC ET | 46434V696 | 4,683,690 | $296,524 | 3.82% |
| 9 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 10,112,374 | $244,315 | 3.15% |
| 10 | VANGUARD SHORTTERM TREASURY | 92206C102 | 4,097,486 | $237,941 | 3.06% |
| 11 | INVESCO SP SMALLCAP 600 QVM | IVZ | 8,595,731 | $221,423 | 2.85% |
| 12 | VANGUARD INTERMEDIATETERM T | 92206C706 | 3,390,733 | $198,527 | 2.56% |
| 13 | VANGUARD FTSE EUROPE ETF | 922042874 | 2,890,092 | $194,619 | 2.51% |
| 14 | ISHARES JP MORGAN USD EMERGI | 464288281 | 2,104,464 | $188,707 | 2.43% |
| 15 | BONDBLOXXJPM USD EM MK 110 | 09789C879 | 4,504,991 | $187,408 | 2.41% |
| 16 | ISHARES CORE SP MIDCAP ETF | 464287507 | 2,946,566 | $178,974 | 2.31% |
| 17 | ISHARES INTERNATIONAL DEVELO | 46436E510 | 4,592,859 | $162,863 | 2.10% |
| 18 | JPMORGAN BETABUILDERS EUROPE | 46641Q191 | 2,697,749 | $160,246 | 2.06% |
| 19 | BONDBLOXX BBG 1 DUR US TREAS | 09789C861 | 2,387,980 | $118,515 | 1.53% |
| 20 | ISHARES MSCI GLOBAL METALS | 46434G848 | 2,623,495 | $109,400 | 1.41% |
| 21 | FRANKLIN FTSE CANADA ETF | FGDL | 2,991,017 | $103,758 | 1.34% |
| 22 | ISHARES MSCI JAPAN VALUE ETF | 46435U374 | 3,046,678 | $101,241 | 1.30% |
| 23 | ISHARES MBS ETF | 464288588 | 1,001,282 | $92,538 | 1.19% |
| 24 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 2,320,926 | $58,696 | 0.76% |
| 25 | GATOS SILVER INC | 368036109 | 6,205,259 | $52,062 | 0.67% |
| 26 | SPDR PORTFOLIO HIGH YIELD BO | 78468R606 | 1,964,879 | $46,096 | 0.59% |
| 27 | VANGUARD LONGTERM TREASURY | 92206C847 | 764,623 | $45,296 | 0.58% |
| 28 | JPMORGAN BETABUILDERS DEVELO | 46641Q233 | 910,009 | $43,826 | 0.56% |
| 29 | BONDBLOXXBB RATED USD HY CB | 09789C705 | 996,434 | $40,072 | 0.52% |
| 30 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 1,551,410 | $39,235 | 0.51% |
| 31 | ENERGY SELECT SECTOR SPDR | 81369Y506 | 366,905 | $34,640 | 0.45% |
| 32 | BONDBLOXX BBG 5 YR US TREAS | 09789C838 | 704,064 | $34,147 | 0.44% |
| 33 | BONDBLOXX BBG 6 MTH US TREAS | 09789C788 | 438,334 | $22,053 | 0.28% |
| 34 | BONDBLOXX BBG 2Y US TSY ETF | 09789C853 | 416,558 | $20,443 | 0.26% |
| 35 | BONDBLOXX BBG 3Y US TSY ETF | 09789C846 | 402,313 | $19,671 | 0.25% |
| 36 | BONDBLOXX BBG 7 YR US TREAS | 09789C820 | 403,857 | $19,171 | 0.25% |
| 37 | BONDBLOXX BBG 10Y US TSY ETF | 09789C812 | 403,452 | $18,849 | 0.24% |
| 38 | BONDBLOXX BBG 20Y US TSY ETF | 09789C796 | 420,244 | $17,844 | 0.23% |
| 39 | SIM ST TREAS FUT STRAT ETF | 82889N657 | 634,568 | $13,878 | 0.18% |
| 40 | BONDBLOXXB RATED USD HY CB | 09789C804 | 266,860 | $10,570 | 0.14% |
| 41 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 84,248 | $8,377 | 0.11% |
| 42 | SPDR PORT SHRT TRM CORP BND | 78464A474 | 239,775 | $7,138 | 0.09% |
| 43 | VANGUARD SHORTTERM TREASURY | 92206C102 | 121,930 | $7,080 | 0.09% |
| 44 | SPDR PORTFOLIO HIGH YIELD BO | 78468R606 | 276,831 | $6,494 | 0.08% |
| 45 | VANGUARD SHORTTERM TREASURY | 92206C102 | 110,657 | $6,426 | 0.08% |
| 46 | ISHARES MBS ETF | 464288588 | 64,953 | $6,003 | 0.08% |
| 47 | SPDR PORT INT CORP BOND ETF | 78464A375 | 150,225 | $4,911 | 0.06% |
| 48 | BONDBLOXXCCCUSD HY CORP BD | 09789C887 | 121,654 | $4,743 | 0.06% |
| 49 | VANGUARD LONGTERM TREASURY | 92206C847 | 57,996 | $3,436 | 0.04% |
| 50 | ISHARES CORE SP SMALLCAP E | 464287804 | 20,735 | $2,292 | 0.03% |
| 51 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 19,927 | $1,981 | 0.03% |
| 52 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 64,295 | $1,553 | 0.02% |
| 53 | ISHARES BB RATED CORP BOND | 46435U473 | 30,699 | $1,420 | 0.02% |
| 54 | VANGUARD SHORTTERM TREASURY | 92206C102 | 9,132 | $530 | 0.01% |
| 55 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 5,184 | $515 | 0.01% |
| 56 | ISHARES MBS ETF | 464288588 | 76 | $7 | 0.00% |