Municipal Employees' Retirement System of Michigan’s NewStar Financial, Inc. NEWS Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-113,810	Closed	-$1.34M	–	1749
2017 Q3	$1.34M	Hold	113,810	–	–	0.07%	395
2017 Q2	$1.2M	Buy	113,810 +6,740	+6%	+$68.3K	0.06%	521
2017 Q1	$1.13M	Hold	107,070	–	–	0.05%	570
2016 Q4	$990K	Buy	+107,070	New	+$1.01M	0.05%	640
2016 Q2	–	Sell	-32,800	Closed	-$287K	–	1773
2016 Q1	$287K	Sell	32,800 -520	-2%	-$3.91K	0.02%	1226
2015 Q4	$299K	Hold	33,320	–	–	0.02%	1108
2015 Q3	$273K	Buy	+33,320	New	+$360K	0.02%	1146

Other funds holding NEWS

JIC

Johnson Investment Counsel Cincinnati, Ohio $13.7B AUM 21.52% 1-Year Est. Return

SCA

Sippican Capital Advisors Boston, Massachusetts $164M AUM 35.17% 1-Year Est. Return

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

Municipal Employees' Retirement System of Michigan sold out of NewStar Financial, Inc. (NEWS) in Q4 2017, closing a stake of 113,810 shares — an estimated $1.34M sold.

Municipal Employees' Retirement System of Michigan first reported a position in NEWS in Q3 2015 and held it in 7 quarters. The position peaked at $1.34M in Q3 2017. 2 funds tracked by Wall St. Rank hold NEWS as of Q4 2017.

Municipal Employees' Retirement System of Michigan reported no remaining NewStar Financial, Inc. position as of Q4 2017 after selling out during the quarter.
Municipal Employees' Retirement System of Michigan sold 113,810 NewStar Financial, Inc. shares in Q4 2017, an estimated $1.34M.
Municipal Employees' Retirement System of Michigan first reported a position in NewStar Financial, Inc. in Q3 2015 and held it in 7 quarters.
Municipal Employees' Retirement System of Michigan's NewStar Financial, Inc. position peaked at $1.34M in Q3 2017.
2 funds tracked by Wall St. Rank held NewStar Financial, Inc. as of Q4 2017.

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