§ 13F · FUND PROFILE
Municipal Employees' Retirement System of Michigan.
Institutional filer · behavioral pattern: Income / Defensive. Summary pending.
AUM · $8.3T (13F)Positions · 54Turnover · — · Q4Filed · Feb 6, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
No new positions
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 6, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | QVML | INVESCO S&P 500 QVM MULTIFA | 34.13M | $1.4T | 15.5% | ±0% |
| 2 | SPTI | SS SPDR P INT TERM TSY ETF | 37.25M | $1.1T | 12.2% | +4% |
| 3 | IVV | ISHARES CORE S&P 500 ETF | 1.38M | $946.1B | 10.7% | −7% |
| 4 | VGK | VANGUARD FTSE EUROPE ETF | 9.14M | $763.9B | 8.6% | +3% |
| 5 | SPTS | SS SPDR P ST TERM TSY ETF | 25.87M | $757.3B | 8.6% | — |
| 6 | SPTL | SS SPDR PF LNG TRM TSY EUSD | 15.40M | $407.6B | 4.6% | +24% |
| 7 | SCHP | SCHWAB US TIPS ETF | 15.25M | $403.9B | 4.6% | −7% |
| 8 | SPIB | SS SPDR P INT C CORP ETF | 11.70M | $395.7B | 4.5% | −9% |
| 9 | QVMM | INVESCO S&P MIDCAP 400 QVM M | 11.88M | $365.7B | 4.1% | ±0% |
| 10 | IEMG | ISHARES CORE MSCI EMERGING | 5.23M | $351.4B | 4.0% | +10% |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE MUNICIPAL SIGNAL
AC read
Municipal Employees' Retirement System of Michigan is a Income / Defensive fund managing $8310.1 trillion in assets. The fund runs a portfolio of 54 positions.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed