13F HOLDINGS REPORT
Municipal Employees' Retirement System of Michigan
Quarter ended Q4 2024 · Filed February 10, 2025 · Accession 0001588873-25-000002
Total Value
$7.3M
Positions
59
Other Managers
0
Confidential Omitted
No
Holdings (59)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | INVESCO SP 500 QVM MULTIFA | IVZ | 30,373,380 | $1.0M | 14.46% |
| 2 | ISHARES CORE SP 500 ETF | 464287200 | 1,438,577 | $846,861 | 11.67% |
| 3 | SPDR PORT INT TREASURY TERM | 78464A672 | 26,424,332 | $736,710 | 10.15% |
| 4 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 21,697,170 | $629,435 | 8.68% |
| 5 | SCHWAB US TIPS ETF | 808524870 | 15,565,679 | $402,061 | 5.54% |
| 6 | ISHARES CORE MSCI PACIFIC ET | 46434V696 | 6,404,807 | $391,334 | 5.39% |
| 7 | INVESCO SP MIDCAP 400 QVM M | IVZ | 10,882,576 | $312,116 | 4.30% |
| 8 | SPDR PORT LNG TRM TRSRY | 78464A664 | 11,671,964 | $305,689 | 4.21% |
| 9 | ISHARES CORE MSCI EMERGING | 46434G103 | 4,773,111 | $249,252 | 3.44% |
| 10 | VANGUARD FTSE EUROPE ETF | 922042874 | 3,742,619 | $237,544 | 3.27% |
| 11 | BONDBLOXXJPM USD EM MK 110 | 09789C879 | 4,698,046 | $195,791 | 2.70% |
| 12 | INVESCO SP SMALLCAP 600 QVM | IVZ | 7,114,414 | $192,480 | 2.65% |
| 13 | ISHARES INTERNATIONAL DEVELO | 46436E510 | 4,592,859 | $157,510 | 2.17% |
| 14 | SIMPLIFY MBS ETF | 82889N525 | 3,139,253 | $155,989 | 2.15% |
| 15 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 6,446,684 | $153,238 | 2.11% |
| 16 | ISHARES JP MORGAN USD EMERGI | 464288281 | 1,547,548 | $137,794 | 1.90% |
| 17 | ISHARES CORE SP MIDCAP ETF | 464287507 | 2,005,373 | $124,955 | 1.72% |
| 18 | BONDBLOXX BBG 1 DUR US TREAS | 09789C861 | 2,387,980 | $118,301 | 1.63% |
| 19 | JPMORGAN BETABUILDERS EUROPE | 46641Q191 | 2,042,693 | $113,206 | 1.56% |
| 20 | ISHARES MSCI GLOBAL METALS | 46434G848 | 3,032,992 | $106,124 | 1.46% |
| 21 | FRANKLIN FTSE CANADA ETF | FGDL | 2,773,743 | $101,519 | 1.40% |
| 22 | GATOS SILVER INC | 368036109 | 6,205,259 | $86,750 | 1.20% |
| 23 | ISHARES MSCI GLOBAL GOLD MIN | 46434G855 | 1,901,911 | $53,463 | 0.74% |
| 24 | JPMORGAN BETABUILDERS DEVELO | 46641Q233 | 910,009 | $44,363 | 0.61% |
| 25 | BONDBLOXXBB RATED USD HY CB | 09789C705 | 1,037,817 | $41,527 | 0.57% |
| 26 | BONDBLOXX BBG 5 YR US TREAS | 09789C838 | 704,064 | $33,774 | 0.47% |
| 27 | ENERGY SELECT SECTOR SPDR | 81369Y506 | 392,435 | $33,616 | 0.46% |
| 28 | BONDBLOXX BBG 6 MTH US TREAS | 09789C788 | 448,334 | $22,497 | 0.31% |
| 29 | SPDR PORTFOLIO HIGH YIELD BO | 78468R606 | 948,573 | $22,263 | 0.31% |
| 30 | BONDBLOXX BBG 2Y US TSY ETF | 09789C853 | 416,558 | $20,445 | 0.28% |
| 31 | BONDBLOXX BBG 3Y US TSY ETF | 09789C846 | 402,313 | $19,621 | 0.27% |
| 32 | BONDBLOXX BBG 7 YR US TREAS | 09789C820 | 403,857 | $18,682 | 0.26% |
| 33 | BONDBLOXX BBG 10Y US TSY ETF | 09789C812 | 403,452 | $18,087 | 0.25% |
| 34 | BONDBLOXX BBG 20Y US TSY ETF | 09789C796 | 420,244 | $16,217 | 0.22% |
| 35 | SPDR PORTFOLIO SP 500 ETF | 78464A854 | 188,205 | $12,975 | 0.18% |
| 36 | BONDBLOXXB RATED USD HY CB | 09789C804 | 266,860 | $10,477 | 0.14% |
| 37 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 95,402 | $9,597 | 0.13% |
| 38 | SPDR PORTFOLIO DEVELOPED WOR | 78463X889 | 276,169 | $9,426 | 0.13% |
| 39 | SPDR PORTFOLIO HIGH YIELD BO | 78468R606 | 338,803 | $7,952 | 0.11% |
| 40 | VANGUARD SHORTTERM TREASURY | 92206C102 | 133,074 | $7,742 | 0.11% |
| 41 | SPDR PORT SHRT TRM CORP BND | 78464A474 | 228,061 | $6,810 | 0.09% |
| 42 | VANGUARD SHORTTERM TREASURY | 92206C102 | 106,977 | $6,224 | 0.09% |
| 43 | SPDR PORT INT CORP BOND ETF | 78464A375 | 172,439 | $5,649 | 0.08% |
| 44 | BONDBLOXXCCCUSD HY CORP BD | 09789C887 | 121,654 | $4,764 | 0.07% |
| 45 | SPDR PORTFOLIO EMERGING MARK | 78463X509 | 107,144 | $4,111 | 0.06% |
| 46 | ISHARES MBS ETF | 464288588 | 43,895 | $4,024 | 0.06% |
| 47 | VANGUARD LONGTERM TREASURY | 92206C847 | 63,048 | $3,490 | 0.05% |
| 48 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 91,374 | $2,651 | 0.04% |
| 49 | ISHARES CORE SP SMALLCAP E | 464287804 | 20,736 | $2,389 | 0.03% |
| 50 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 20,614 | $2,074 | 0.03% |
| 51 | ISHARES BB RATED CORP BOND | 46435U473 | 43,716 | $2,011 | 0.03% |
| 52 | SPDR PORTFOLIO SP 400 MID C | 78464A847 | 26,947 | $1,474 | 0.02% |
| 53 | SPDR PORTFOLIO SP 600 SMALL | 78468R853 | 16,642 | $748 | 0.01% |
| 54 | VANGUARD SHORTTERM TREASURY | 92206C102 | 9,132 | $531 | 0.01% |
| 55 | ISHARES 05 YEAR TIPS BOND E | 46429B747 | 5,184 | $522 | 0.01% |
| 56 | SPDR PORT LNG TRM TRSRY | 78464A664 | 18,440 | $483 | 0.01% |
| 57 | SPDR PORT SHRT TRM TRSRY | 78468R101 | 14,502 | $421 | 0.01% |
| 58 | SPDR BLOOMBERG EM USD BOND | 78468R515 | 13,382 | $318 | 0.00% |
| 59 | ISHARES MBS ETF | 464288588 | 76 | $7 | 0.00% |