Municipal Employees' Retirement System of Michigan’s Independent Bank Corp IBCP Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-28,710	Closed	-$369K	–	748
2020 Q1	$369K	Hold	28,710	–	–	0.01%	793
2019 Q4	$650K	Hold	28,710	–	–	0.02%	748
2019 Q3	$612K	Hold	28,710	–	–	0.02%	727
2019 Q2	$626K	Hold	28,710	–	–	0.04%	701
2019 Q1	$617K	Hold	28,710	–	–	0.04%	721
2018 Q4	$603K	Buy	+28,710	New	+$646K	0.04%	794
2016 Q4	–	Sell	-31,890	Closed	-$537K	–	1701
2016 Q3	$537K	Hold	31,890	–	–	0.03%	918
2016 Q2	$463K	Buy	31,890 +29,600	+1,293%	+$437K	0.03%	984
2016 Q1	$33K	Buy	+2,290	New	+$33.4K	﹤0.01%	1704

Other funds holding IBCP

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

FCM

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

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

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

MCM

Maltese Capital Management New York $508M AUM 21.31% 1-Year Est. Return

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

Russell Investments Group London, United Kingdom $114B AUM 41.71% 1-Year Est. Return

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

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

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

Municipal Employees' Retirement System of Michigan's IBCP Position: Q2 2020 in Review

Municipal Employees' Retirement System of Michigan sold out of Independent Bank Corp (IBCP) in Q2 2020, closing a stake of 28,710 shares — an estimated $369K sold.

Municipal Employees' Retirement System of Michigan first reported a position in IBCP in Q1 2016 and held it in 9 quarters. The position peaked at $650K in Q4 2019. 120 funds tracked by Wall St. Rank hold IBCP as of Q2 2020.

Municipal Employees' Retirement System of Michigan reported no remaining Independent Bank Corp position as of Q2 2020 after selling out during the quarter.
Municipal Employees' Retirement System of Michigan sold 28,710 Independent Bank Corp shares in Q2 2020, an estimated $369K.
Municipal Employees' Retirement System of Michigan first reported a position in Independent Bank Corp in Q1 2016 and held it in 9 quarters.
Municipal Employees' Retirement System of Michigan's Independent Bank Corp position peaked at $650K in Q4 2019.
120 funds tracked by Wall St. Rank held Independent Bank Corp as of Q2 2020.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2020, filed 6 Jul 2020.