First Quadrant’s Validus Hold Ltd VR Stock Holding History

First Quadrant’s Portfolio VR Stock Details VR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-142,892	Closed	-$7.03M	–	1012
2017 Q3	$7.03M	Buy	142,892 +50,315	+54%	+$2.55M	0.14%	211
2017 Q2	$4.81M	Sell	92,577 -43,527	-32%	-$2.34M	0.1%	236
2017 Q1	$7.67M	Hold	136,104	–	–	0.15%	202
2016 Q4	$7.49M	Sell	136,104 -2,555	-2%	-$135K	0.15%	200
2016 Q3	$6.91M	Sell	138,659 -34,945	-20%	-$1.74M	0.15%	203
2016 Q2	$8.44M	Buy	173,604 +131,604	+313%	+$6.17M	0.19%	168
2016 Q1	$1.98M	Buy	+42,000	New	+$1.89M	0.04%	307
2014 Q4	–	Sell	-16	Closed	-$1K	–	826
2014 Q3	$1K	Sell	16 -9	-36%	-$345	﹤0.01%	803
2014 Q2	$1K	Sell	25 -94	-79%	-$3.5K	﹤0.01%	804
2014 Q1	$4K	Buy	+119	New	+$4.41K	﹤0.01%	737

Other funds holding VR

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

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

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

SOMRS

State of Michigan Retirement System Lansing, Michigan $22.6B AUM 40.24% 1-Year Est. Return

Polar Capital London, United Kingdom $13.5B AUM 55.9% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $33B AUM 40.62% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

First Quadrant's VR Position: Q4 2017 in Review

First Quadrant sold out of Validus Hold Ltd (VR) in Q4 2017, closing a stake of 142,892 shares — an estimated $7.03M sold.

First Quadrant first reported a position in VR in Q1 2014 and held it in 10 quarters. The position peaked at $8.44M in Q2 2016. 236 funds tracked by Wall St. Rank hold VR as of Q4 2017.

First Quadrant reported no remaining Validus Hold Ltd position as of Q4 2017 after selling out during the quarter.
First Quadrant sold 142,892 Validus Hold Ltd shares in Q4 2017, an estimated $7.03M.
First Quadrant first reported a position in Validus Hold Ltd in Q1 2014 and held it in 10 quarters.
First Quadrant's Validus Hold Ltd position peaked at $8.44M in Q2 2016.
236 funds tracked by Wall St. Rank held Validus Hold Ltd as of Q4 2017.

Based on First Quadrant's 13F filing for Q4 2017, filed 23 Jan 2018.