HomeMy WebLinkAboutReports - 2020.07.16 - 33508Oakland County Employees' Retirement System
Asset / Manager Summary - July 16, 2020
Asset Class / Manager MV ($000)%MV ($000)%Add/Reduce
SSgA S&P 5001 $39,760 5.8%$34,020 5.0%($5,740)
SSgA S&P 500 EW 1 $34,812 5.1%$34,020 5.0%($792)6/30 MV
T. Rowe Price Enhanced 500 $69,219 10.2%$68,040 10.0%($1,179)
TimesSquare Mid Growth $14,017 2.1%$12,757 1.9%($1,260)
Great Lakes Small/Mid Core $11,573 1.7%$12,757 1.9%$1,184
Reinhart Small/Mid Core $11,015 1.6%$12,757 1.9%$1,742
Russell MidCap Value ETF $9,553 1.4%$12,757 1.9%$3,204 To be managed by Nuance
Loomis, Sayles Small Growth $21,542 3.2%$25,515 3.8%$3,973
LMCG Small Value $18,712 2.8%$25,515 3.8%$6,803
ABS Global L/S Equity1 $42,636 6.3%$34,020 5.0%($8,616)
Total US Equity $272,839 40.1%$272,160 40.0%($679)2.5% added to allocation (unallocated other assets)
Lazard Intl Equity $32,316 4.7%$37,422 5.5%$5,106
Pictet Intl Equity1 $39,641 5.8%$37,422 5.5%($2,219)
Berkley Street Emerging Mkts.1 $18,396 2.7%$17,010 2.5%($1,386)
Total Intl Equity $90,353 13.3%$91,854 13.5%$1,501 1% added to allocation (unallocated other assets)
CS McKee Core Fixed $114,563 16.8%$121,080 17.8%$6,517
Loomis, Sayles Core Plus $77,919 11.5%$68,040 10.0%($9,879)
Templeton Global Fixed1 $34,380 5.1%$34,020 5.0%($360)
Churcill Direct Lending1 $13,920 2.0%$15,000 2.2%$1,080 $15MM Commitment
Total Fixed Income $240,782 35.4%$238,140 35.0%($2,642)3% added to allocation (unallocated other assets)
MS Prime Property RE1 $37,781 5.6%$37,708 5.5%($73)
Prudential PRISA II VA RE1 $19,855 2.9%$13,608 2.0%($6,247)
Private VA Real Estate Funds1,2 $16,724 2.5%$16,724 2.5%$0
Total Real Estate $74,360 10.9%$68,040 10.0%($6,320)
Hamilton Lane $1,300 0.2%$5,103 0.8%$3,803 $10MM Commitment
Portfolio Advisors $0 0.0%$5,103 0.8%$5,103 $10MM Commitment
Total Private Equity $1,300 0.2%$10,206 1.5%$8,906 Allocation from Intl Equity
Cash Account $765 0.1%$0 0.0%($765)
Total Fund $680,399 100.0%$680,399 100.0%$0
Market values from Northern Trust as of 7/8/20.
1. Market values not updated daily by Northern Trust.
2. Currently represents investment with AEW VIII, Alidade IV, Dune IV, JPM European Property Fund, Valstone and Walton Street.
6/30 MV
Current Allocation Target Allocation
Comments
Target Allocation = 20% target less Churchill.
Target Allocation = 10% RE target less VA mgrs.