Municipal Employees' Retirement System of Michigan
PensionCIK
1588873
Location
LANSING, MI
Portfolio Value
Micro
$8,862,679
Diversification
Highly concentrated
Filing Date
Global Rank
#7,812
/ 8,232
▼ 343
Top Industry
Financial Data & Stock Exchanges
100.0%
3Y Alpha vs SPY
+36.9%
Period ended 2 months ago
Filed May 11, 2026 · 34d
13 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+292.2%
SPY
+76.3%
Annualised alpha
+36.9%
Max drawdown
−49.2%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
1 positions · as of Mar 31, 2026 · Δ vs Sep 30, 2025Top Position
100.0%
0.0 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
10,000
Highly concentrated0
Portfolio Trend
13 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 100.0% | $8,862,679 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| COIN | Coinbase Global, Inc. | 50,757 | $8,862,679 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AG | First Majestic Silver Corp | 1,126,289 | $13,842,091 | |
| No positions match the current search. | ||||
1 positions ·
$8,862,679 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| COIN |
Coinbase Global, Inc.
Financial Services
|
NEW | 50,757 | $8,862,679 | 100.00% |