Data as of Q4 2025 (Dec 31, 2025)

Municipal Employees' Retirement System of Michigan

•CIK: 1588873•Filing: Q4 2025

Municipal Employees' Retirement System of Michigan, with $8.8B in AUM, has shifted focus towards energy and technology sectors, notably increasing its position in XLE by 38% while reducing stakes in RING and STIP by 30% and 22%, respectively. The fund, known for its strategic asset allocation, maintains significant holdings in QVML, SPTI, and IVV, reflecting a diversified approach amidst recent exits from XHLF and SPYM.

Total AUM
$8.8B
QoQ Performance
+2.4%
Positions
36
Top 10 Concentration
77.3%
Latest Filing
Q4 2025

Top Holdings Allocation

QVML
SPTI
IVV
VGK
SPTS
QVML15.5%
SPTI12.2%
IVV10.7%
VGK8.6%
SPTS8.6%
SPTL4.6%
SCHP4.6%
SPIB4.5%

📈 Biggest Buys

SPTS
SS SPDR P ST TERM TSY ETF
+17.9%
8.6% of portfolio
SPTL
SS SPDR PF LNG TRM TSY EUSD
+21.9%
4.6% of portfolio
XBB
BONDBLOXXBB RATED USD HY CB
+18.4%
3.4% of portfolio
SPTI
SS SPDR P INT TERM TSY ETF
+3.9%
12.2% of portfolio
IEMG
ISHARES CORE MSCI EMERGING
+9.5%
4.0% of portfolio

📉 Biggest Sells

IVV
ISHARES CORE S&P 500 ETF
-6.8%
10.7% of portfolio
SPIB
SS SPDR P INT C CORP ETF
-9.7%
4.5% of portfolio
RING
ISHARES MSCI GLOBAL GOLD MIN
-38.5%
0.7% of portfolio
SCHP
SCHWAB US TIPS ETF
-7.0%
4.6% of portfolio
PICK
ISHARES MSCI GLOBAL METALS &
-12.3%
1.5% of portfolio

Sector Breakdown

Other89.3%
ETF10.7%

🚪 Exited Positionssold since Q3 2025

XHLF
BONDBLOXX BBG 6 MTH US TREAS
SOLD
$22.6M
SPYM
STATE STREET SPDR PORTFOLIO
SOLD
$14.7M
AG
FIRST MAJESTIC SILVER CORP
SOLD
$13.8M
SPDW
SPDR PORTFOLIO DEVELOPED WOR
SOLD
$11.8M
MBB
ISHARES MBS ETF
SOLD
$6.4M
+4 more exited positions

Changes from Q3 2025

↑11 increased
↓8 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023

📌 Top Holdings

QVML15.5%
INVESCO S&P 500 QVM MULTIFA
$1.4B
SPTI12.2%
SS SPDR P INT TERM TSY ETF
$1.1B
IVV10.7%
ISHARES CORE S&P 500 ETF
$946.1M
VGK8.6%
VANGUARD FTSE EUROPE ETF
$763.9M
SPTS8.6%
SS SPDR P ST TERM TSY ETF
$757.8M

⚖️ Compare Fund

Compare this fund's holdings with other hedge funds.

🎯 Fund Movement Signals

See AI-analyzed fund movement signals and accumulation patterns.

👤 Insider Trading

See what corporate insiders are buying and selling.