Municipal Employees' Retirement System of Michigan’s Guaranty Bancorp GBNK Stock Holding History

Municipal Employees' Retirement System of Michigan’s Portfolio GBNK Stock Details GBNK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-26,320	Closed	-$732K	–	1724
2017 Q3	$732K	Hold	26,320	–	–	0.04%	827
2017 Q2	$716K	Buy	+26,320	New	+$666K	0.04%	798
2016 Q4	–	Sell	-29,650	Closed	-$529K	–	1750
2016 Q3	$529K	Hold	29,650	–	–	0.03%	928
2016 Q2	$495K	Buy	29,650 +11,500	+63%	+$186K	0.03%	935
2016 Q1	$281K	Buy	18,150 +40	+0.2%	+$616	0.02%	1241
2015 Q4	$300K	Hold	18,110	–	–	0.02%	1105
2015 Q3	$298K	Buy	+18,110	New	+$294K	0.02%	1089

Other funds holding GBNK

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

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

CCCPI

Castle Creek Capital Partners IV Rancho Santa Fe, California $28M AUM 43.6% 1-Year Est. Return

PFP

Patriot Financial Partners Radnor, Pennsylvania $284M AUM 20.43% 1-Year Est. Return

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

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

FCM

FJ Capital Management Mclean, Virginia $888M AUM 18.97% 1-Year Est. Return

Municipal Employees' Retirement System of Michigan's GBNK Position: Q4 2017 in Review

Municipal Employees' Retirement System of Michigan sold out of Guaranty Bancorp (GBNK) in Q4 2017, closing a stake of 26,320 shares — an estimated $732K sold.

Municipal Employees' Retirement System of Michigan first reported a position in GBNK in Q3 2015 and held it in 7 quarters. The position peaked at $732K in Q3 2017. 105 funds tracked by Wall St. Rank hold GBNK as of Q4 2017.

Municipal Employees' Retirement System of Michigan reported no remaining Guaranty Bancorp position as of Q4 2017 after selling out during the quarter.
Municipal Employees' Retirement System of Michigan sold 26,320 Guaranty Bancorp shares in Q4 2017, an estimated $732K.
Municipal Employees' Retirement System of Michigan first reported a position in Guaranty Bancorp in Q3 2015 and held it in 7 quarters.
Municipal Employees' Retirement System of Michigan's Guaranty Bancorp position peaked at $732K in Q3 2017.
105 funds tracked by Wall St. Rank held Guaranty Bancorp as of Q4 2017.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q4 2017, filed 15 Feb 2018.