Q1 2026 · 13F-HR
Municipal Employees' Retirement System of Michiganholdings as filed
Filed 2026-05-11 · accession 0001588873-26-000003
$8.8M
Reported value
28
Positions
2026-03-31
Period end
The Brief · Municipal Employees' Retirement System of Michigan · Q1 2026
AI · grounded in 13F
Municipal Employees' Retirement System of Michigan increased its position in SPTL by 49.375%. The fund also accumulated shares in SPHY by 36.5094% and IJH by 24.1095%. On the sell side, the fund trimmed its holdings in IEMG by 36.6138% and closed positions in XONE and XTWO.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46138G581 | QVML | INVESCO S&P 500 QVM MULTIFA | $1.3M | 14.8% | 34,132,010 | Common | SOLE |
| 78464A672 | SPTI | SS SPDR P INT TERM TSY ETF | $1.1M | 12.6% | 38,702,475 | Common | SOLE |
| 464287200 | IVV | ISHARES CORE S&P 500 ETF | $1.1M | 12.1% | 1,637,942 | Common | SOLE |
| 78468R101 | SPTS | SS SPDR P ST TERM TSY ETF | $819,526 | 9.31% | 28,085,205 | Common | SOLE |
| 78464A664 | SPTL | SS SPDR PF LNG TRM TSY EUSD | $604,893 | 6.87% | 22,999,752 | Common | SOLE |
| 922042874 | VGK | VANGUARD FTSE EUROPE ETF | $557,628 | 6.33% | 6,764,865 | Common | SOLE |
| 808524870 | SCHP | SCHWAB US TIPS ETF | $430,778 | 4.89% | 16,188,586 | Common | SOLE |
| 78464A375 | SPIB | SS SPDR P INT C CORP ETF | $392,578 | 4.46% | 11,704,768 | Common | SOLE |
| 464287507 | IJH | ISHARES CORE S&P MIDCAP ETF | $385,262 | 4.37% | 5,705,045 | Common | SOLE |
| 46138G573 | QVMM | INVESCO S&P MIDCAP 400 QVM M | $376,605 | 4.28% | 11,882,576 | Common | SOLE |
| 09789C705 | XBB | BONDBLOXXBB RATED USD HY CB | $299,987 | 3.41% | 7,372,511 | Common | SOLE |
| 46434G103 | IEMG | ISHARES CORE MSCI EMERGING | $231,140 | 2.62% | 3,313,829 | Common | SOLE |
| 46138G565 | QVMS | INVESCO S&P SMALLCAP 600 QVM | $207,281 | 2.35% | 7,114,414 | Common | SOLE |
| 09789C879 | XEMD | BONDBLOXXJPM USD EM MK 110 | $207,223 | 2.35% | 4,714,975 | Common | SOLE |
| 78468R606 | SPHY | SS SPDR P HIGH YIELD ETF | $191,031 | 2.17% | 8,191,734 | Common | SOLE |
| 35473P827 | FLCA | FRANKLIN FTSE CANADA ETF | $135,747 | 1.54% | 2,773,743 | Common | SOLE |
| 46434G848 | PICK | ISHARES MSCI GLOBAL METALS & | $100,043 | 1.14% | 1,767,862 | Common | SOLE |
| 46435G474 | FALN | ISHARES FALLEN ANGELS ETF | $97,717 | 1.11% | 3,657,064 | Common | SOLE |
| 09789C838 | XFIV | BONDBLOXX BBG 5 YR US TREAS | $65,507 | 0.74% | 1,332,525 | Common | SOLE |
| 46434G855 | RING | ISHARES MSCI GLOBAL GOLD MIN | $61,348 | 0.70% | 776,753 | Common | SOLE |
| 46641Q225 | BBCA | JPMORGAN BETABUILDERS CANADA | $60,163 | 0.68% | 639,622 | Common | SOLE |
| 81369Y506 | XLE | SS ENERGY SELECT SECTOR | $29,091 | 0.33% | 474,882 | Common | SOLE |
| 46436E189 | ICOP | ISHARES COPPER AND METALS | $23,868 | 0.27% | 501,672 | Common | SOLE |
| 46641Q233 | BBAX | JPMORGAN BETABUILDERS DEVELO | $17,764 | 0.20% | 298,785 | Common | SOLE |
| 09789C804 | XB | BONDBLOXXB RATED USD HY CB | $10,396 | 0.12% | 266,860 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $8,863 | 0.10% | 50,757 | Common | SOLE |
| 09789C887 | XCCC | BONDBLOXXCCCUSD HY CORP BD | $4,428 | 0.05% | 121,654 | Common | SOLE |
| 464287804 | IJR | ISHARES CORE S&P SMALLCAP E | $2,999 | 0.03% | 24,129 | 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.