Municipal Employees' Retirement System of Michigan Diversified Active

Location: Lansing, MI

CIK: 0001588873 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 4, 2025

Total Value: $8.31B

Holdings (45)

QVML INVESCO SP 500 QVM MULTIFA 15.0%
Value $1.25B Shares 34,132,010 Est. Cost $25.90 Unrealized
SPTI SPDR PORT INT TREASURY TERM 12.4%
Value $1.032B Shares 35,861,653 Est. Cost $28.18 Unrealized
IVV ISHARES CORE SP 500 ETF 11.1%
Value $920M Shares 1,481,662 Est. Cost $341.82 Unrealized
VGK VANGUARD FTSE EUROPE ETF 8.2%
Value $685M Shares 8,835,451 Est. Cost $68.10 Unrealized
SPTS SPDR PORT SHRT TRM TRSRY 7.7%
Value $643M Shares 21,942,738 Est. Cost $29.46 Unrealized
SCHP SCHWAB US TIPS ETF 5.3%
Value $438M Shares 16,401,227 Est. Cost $25.88 Unrealized
SPIB SPDR PORT INT CORP BOND ETF 5.2%
Value $435M Shares 12,968,096 Est. Cost $33.60 Unrealized
QVMM INVESCO SP MIDCAP 400 QVM M 4.1%
Value $342M Shares 11,882,576 Est. Cost $24.29 Unrealized
SPTL SPDR PORT LNG TRM TRSRY 4.0%
Value $336M Shares 12,629,575 Est. Cost $27.05 Unrealized
IEMG ISHARES CORE MSCI EMERGING 3.4%
Value $287M Shares 4,773,111 Est. Cost $53.06 Unrealized
IJH ISHARES CORE SP MIDCAP ETF 3.4%
Value $283M Shares 4,555,207 Est. Cost $73.30 Unrealized
XBB BONDBLOXXBB RATED USD HY CB 3.1%
Value $256M Shares 6,227,640 Est. Cost $40.14 Unrealized
XEMD BONDBLOXXJPM USD EM MK 110 2.4%
Value $203M Shares 4,698,046 Est. Cost $38.08 Unrealized
QVMS INVESCO SP SMALLCAP 600 QVM 2.2%
Value $183M Shares 7,114,414 Est. Cost $22.58 Unrealized
SPHY SPDR PORTFOLIO HIGH YIELD BO 1.7%
Value $142M Shares 5,954,325 Est. Cost $23.33 Unrealized
FLCA FRANKLIN FTSE CANADA ETF 1.4%
Value $116M Shares 2,773,743 Est. Cost $31.05 Unrealized
PICK ISHARES MSCI GLOBAL METALS 1.4%
Value $114M Shares 3,032,992 Est. Cost $37.88 Unrealized
FALN ISHARES FALLEN ANGELS ETF 1.1%
Value $94.35M Shares 3,476,559 Est. Cost $27.14 Unrealized
BBCA JPMORGAN BETABUILDERS CANADA 0.9%
Value $75.9M Shares 940,556 Est. Cost $80.70 Unrealized
RING ISHARES MSCI GLOBAL GOLD MIN 0.7%
Value $60.08M Shares 1,372,210 Est. Cost $26.71 Unrealized
XONE BONDBLOXX BBG 1 DUR US TREAS 0.7%
Value $58.49M Shares 1,178,547 Est. Cost $49.76 Unrealized
AG FIRST MAJESTIC SILVER CORP 0.6%
Value $50.87M Shares 6,151,289 Est. Cost $5.95 Unrealized +13.0%
XFIV BONDBLOXX BBG 5 YR US TREAS 0.4%
Value $34.75M Shares 704,064 Est. Cost $49.22 Unrealized
XLE ENERGY SELECT SECTOR SPDR 0.4%
Value $30.54M Shares 360,126 Est. Cost $76.26 Unrealized
ICOP ISHARES COPPER AND METALS 0.3%
Value $23.45M Shares 784,271 Est. Cost $27.06 Unrealized
XHLF BONDBLOXX BBG 6 MTH US TREAS 0.3%
Value $22.57M Shares 448,334 Est. Cost $50.21 Unrealized
XTWO BONDBLOXX BBG 2Y US TSY ETF 0.2%
Value $20.64M Shares 416,558 Est. Cost $49.67 Unrealized
XTRE BONDBLOXX BBG 3Y US TSY ETF 0.2%
Value $20.03M Shares 402,313 Est. Cost $49.22 Unrealized
XSVN BONDBLOXX BBG 7 YR US TREAS 0.2%
Value $19.34M Shares 403,857 Est. Cost $48.29 Unrealized
XTEN BONDBLOXX BBG 10Y US TSY ETF 0.2%
Value $18.62M Shares 403,452 Est. Cost $47.93 Unrealized
BBAX JPMORGAN BETABUILDERS DEVELO 0.2%
Value $16.28M Shares 298,785 Est. Cost $49.15 Unrealized
XTWY BONDBLOXX BBG 20Y US TSY ETF 0.2%
Value $16.21M Shares 420,244 Est. Cost $47.37 Unrealized
SPYM SPDR PORTFOLIO SP 500 ETF 0.2%
Value $13.68M Shares 188,205 Est. Cost $64.00 Unrealized
STIP ISHARES 05 YEAR TIPS BOND E 0.2%
Value $12.47M Shares 121,200 Est. Cost $102.34 Unrealized
SPDW SPDR PORTFOLIO DEVELOPED WOR 0.1%
Value $11.18M Shares 276,169 Est. Cost $35.16 Unrealized
XB BONDBLOXXB RATED USD HY CB 0.1%
Value $10.61M Shares 266,860 Est. Cost $38.50 Unrealized
VGSH VANGUARD SHORTTERM TREASURY 0.1%
Value $8.359M Shares 142,206 Est. Cost $59.62 Unrealized
SPSB SPDR PORT SHRT TRM CORP BND 0.1%
Value $6.885M Shares 228,061 Est. Cost $30.85 Unrealized
MBB ISHARES MBS ETF 0.1%
Value $6.342M Shares 67,551 Est. Cost $93.87 Unrealized
XCCC BONDBLOXXCCCUSD HY CORP BD 0.1%
Value $4.723M Shares 121,654 Est. Cost $38.40 Unrealized
SPEM SPDR PORTFOLIO EMERGING MARK 0.1%
Value $4.579M Shares 107,144 Est. Cost $37.67 Unrealized
IJR ISHARES CORE SP SMALLCAP E 0.0%
Value $2.637M Shares 24,129 Est. Cost $76.32 Unrealized
HYBB ISHARES BB RATED CORP BOND 0.0%
Value $1.813M Shares 38,566 Est. Cost $49.14 Unrealized
SPMD SPDR PORTFOLIO SP 400 MID C 0.0%
Value $1.465M Shares 26,947 Est. Cost $51.48 Unrealized
SPSM SPDR PORTFOLIO SP 600 SMALL 0.0%
Value $709K Shares 16,642 Est. Cost $41.69 Unrealized