Q1 2025 · 13F-HR
Municipal Employees' Retirement System of Michiganholdings as filed
Filed 2025-05-07 · accession 0001588873-25-000003
$7.9M
Reported value
46
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46138G581 | QVML | INVESCO SP 500 QVM MULTIFA | $1.1M | 14.5% | 34,132,010 | Common | SOLE |
| 78464A672 | SPTI | SPDR PORT INT TREASURY TERM | $1.0M | 13.0% | 35,861,653 | Common | SOLE |
| 464287200 | IVV | ISHARES CORE SP 500 ETF | $815,183 | 10.3% | 1,450,762 | Common | SOLE |
| 78468R101 | SPTS | SPDR PORT SHRT TRM TRSRY | $641,206 | 8.12% | 21,929,077 | Common | SOLE |
| 922042874 | VGK | VANGUARD FTSE EUROPE ETF | $451,821 | 5.72% | 6,435,286 | Common | SOLE |
| 808524870 | SCHP | SCHWAB US TIPS ETF | $441,029 | 5.58% | 16,401,227 | Common | SOLE |
| 78464A664 | SPTL | SPDR PORT LNG TRM TRSRY | $405,655 | 5.14% | 14,880,982 | Common | SOLE |
| 46434V696 | IPAC | ISHARES CORE MSCI PACIFIC ET | $398,635 | 5.05% | 6,404,807 | Common | SOLE |
| 46138G573 | QVMM | INVESCO SP MIDCAP 400 QVM M | $321,339 | 4.07% | 11,882,576 | Common | SOLE |
| 46434G103 | IEMG | ISHARES CORE MSCI EMERGING | $257,605 | 3.26% | 4,773,111 | Common | SOLE |
| 09789C705 | XBB | BONDBLOXXBB RATED USD HY CB | $251,783 | 3.19% | 6,227,640 | Common | SOLE |
| 464287507 | IJH | ISHARES CORE SP MIDCAP ETF | $212,739 | 2.69% | 3,645,909 | Common | SOLE |
| 09789C879 | XEMD | BONDBLOXXJPM USD EM MK 110 | $198,055 | 2.51% | 4,698,046 | Common | SOLE |
| 46138G565 | QVMS | INVESCO SP SMALLCAP 600 QVM | $175,164 | 2.22% | 7,114,414 | Common | SOLE |
| 78468R606 | SPHY | SPDR PORTFOLIO HIGH YIELD BO | $139,451 | 1.77% | 5,954,325 | Common | SOLE |
| 46641Q191 | BBEU | JPMORGAN BETABUILDERS EUROPE | $126,300 | 1.60% | 2,042,693 | Common | SOLE |
| 82889N525 | MTBA | SIMPLIFY MBS ETF | $119,258 | 1.51% | 2,378,493 | Common | SOLE |
| 09789C861 | XONE | BONDBLOXX BBG 1 DUR US TREAS | $118,730 | 1.50% | 2,387,980 | Common | SOLE |
| 46434G848 | PICK | ISHARES MSCI GLOBAL METALS | $108,824 | 1.38% | 3,032,992 | Common | SOLE |
| 35473P827 | FLCA | FRANKLIN FTSE CANADA ETF | $103,222 | 1.31% | 2,773,743 | Common | SOLE |
| 46434G855 | RING | ISHARES MSCI GLOBAL GOLD MIN | $72,957 | 0.92% | 1,901,911 | Common | SOLE |
| 32076V103 | AG | FIRST MAJESTIC SILVER CORP | $47,656 | 0.60% | 7,123,410 | Common | SOLE |
| 46641Q233 | BBAX | JPMORGAN BETABUILDERS DEVELO | $44,272 | 0.56% | 910,009 | Common | SOLE |
| 09789C838 | XFIV | BONDBLOXX BBG 5 YR US TREAS | $34,555 | 0.44% | 704,064 | Common | SOLE |
| 81369Y506 | XLE | ENERGY SELECT SECTOR SPDR | $24,443 | 0.31% | 261,557 | Common | SOLE |
| 09789C788 | XHLF | BONDBLOXX BBG 6 MTH US TREAS | $22,576 | 0.29% | 448,334 | Common | SOLE |
| 09789C853 | XTWO | BONDBLOXX BBG 2Y US TSY ETF | $20,608 | 0.26% | 416,558 | Common | SOLE |
| 09789C846 | XTRE | BONDBLOXX BBG 3Y US TSY ETF | $19,927 | 0.25% | 402,313 | Common | SOLE |
| 09789C820 | XSVN | BONDBLOXX BBG 7 YR US TREAS | $19,284 | 0.24% | 403,857 | Common | SOLE |
| 09789C812 | XTEN | BONDBLOXX BBG 10Y US TSY ETF | $18,789 | 0.24% | 403,452 | Common | SOLE |
| 09789C796 | XTWY | BONDBLOXX BBG 20Y US TSY ETF | $16,856 | 0.21% | 420,244 | Common | SOLE |
| 46436E189 | ICOP | ISHARES COPPER AND METALS | $14,426 | 0.18% | 556,999 | Common | SOLE |
| 46429B747 | STIP | ISHARES 05 YEAR TIPS BOND E | $12,540 | 0.16% | 121,200 | Common | SOLE |
| 78464A854 | SPYM | SPDR PORTFOLIO SP 500 ETF | $12,376 | 0.16% | 188,205 | Common | SOLE |
| 09789C804 | XB | BONDBLOXXB RATED USD HY CB | $10,426 | 0.13% | 266,860 | Common | SOLE |
| 78463X889 | SPDW | SPDR PORTFOLIO DEVELOPED WOR | $10,055 | 0.13% | 276,169 | Common | SOLE |
| 92206C102 | VGSH | VANGUARD SHORTTERM TREASURY | $8,346 | 0.11% | 142,206 | Common | SOLE |
| 78464A474 | SPSB | SPDR PORT SHRT TRM CORP BND | $6,865 | 0.09% | 228,061 | Common | SOLE |
| 464288588 | MBB | ISHARES MBS ETF | $6,335 | 0.08% | 67,551 | Common | SOLE |
| 78464A375 | SPIB | SPDR PORT INT CORP BOND ETF | $5,457 | 0.07% | 164,166 | Common | SOLE |
| 09789C887 | XCCC | BONDBLOXXCCCUSD HY CORP BD | $4,603 | 0.06% | 121,654 | Common | SOLE |
| 78463X509 | SPEM | SPDR PORTFOLIO EMERGING MARK | $4,218 | 0.05% | 107,144 | Common | SOLE |
| 464287804 | IJR | ISHARES CORE SP SMALLCAP E | $2,168 | 0.03% | 20,736 | Common | SOLE |
| 46435U473 | HYBB | ISHARES BB RATED CORP BOND | $1,782 | 0.02% | 38,566 | Common | SOLE |
| 78464A847 | SPMD | SPDR PORTFOLIO SP 400 MID C | $1,379 | 0.02% | 26,947 | Common | SOLE |
| 78468R853 | SPSM | SPDR PORTFOLIO SP 600 SMALL | $678 | 0.01% | 16,642 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.