First Quadrant’s MSCI MSCI Stock Holding History

First Quadrant’s Portfolio MSCI Stock Details MSCI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-10,476	Closed	-$1.86M	–	842
2018 Q3	$1.86M	Buy	+10,476	New	+$1.82M	0.04%	314
2018 Q1	–	Sell	-130,857	Closed	-$16.6M	–	893
2017 Q4	$16.6M	Sell	130,857 -52,463	-29%	-$6.55M	0.31%	116
2017 Q3	$21.4M	Sell	183,320 -1,858	-1%	-$206K	0.41%	70
2017 Q2	$19.1M	Sell	185,178 -41,819	-18%	-$4.21M	0.38%	87
2017 Q1	$22.1M	Sell	226,997 -57,157	-20%	-$5.18M	0.43%	80
2016 Q4	$22.4M	Buy	284,154 +141,381	+99%	+$11.4M	0.46%	68
2016 Q3	$12M	Buy	142,773 +142,606	+85,393%	+$12.1M	0.25%	142
2016 Q2	$13K	Hold	167	–	–	﹤0.01%	760
2016 Q1	$12K	Sell	167 -96,702	-100%	-$6.69M	﹤0.01%	740
2015 Q4	$6.99M	Buy	96,869 +169	+0.2%	+$11.3K	0.15%	178
2015 Q3	$5.75M	Buy	+96,700	New	+$6.09M	0.13%	193

Other funds holding MSCI

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Fiera Capital (Canada) Montreal, Quebec, Canada $27.6B AUM 23.56% 1-Year Est. Return

Janus Henderson Group London $209B AUM 37.72% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

BAMCO Inc New York $66.6B AUM 7.35% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

First Quadrant's MSCI Position: Q4 2018 in Review

First Quadrant sold out of MSCI (MSCI) in Q4 2018, closing a stake of 10,476 shares — an estimated $1.86M sold.

First Quadrant first reported a position in MSCI in Q3 2015 and held it in 11 quarters. The position peaked at $22.4M in Q4 2016. 493 funds tracked by Wall St. Rank hold MSCI as of Q4 2018.

First Quadrant reported no remaining MSCI position as of Q4 2018 after selling out during the quarter.
First Quadrant sold 10,476 MSCI shares in Q4 2018, an estimated $1.86M.
First Quadrant first reported a position in MSCI in Q3 2015 and held it in 11 quarters.
First Quadrant's MSCI position peaked at $22.4M in Q4 2016.
493 funds tracked by Wall St. Rank held MSCI as of Q4 2018.

Based on First Quadrant's 13F filing for Q4 2018, filed 24 Jan 2019.