Municipal Employees' Retirement System of Michigan’s SBA Communications SBAC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-1,590	Closed	-$429K	–	1124
2020 Q1	$429K	Hold	1,590	–	–	0.01%	695
2019 Q4	$383K	Hold	1,590	–	–	0.01%	1133
2019 Q3	$383K	Buy	1,590 +30	+2%	+$7.42K	0.01%	1075
2019 Q2	$351K	Buy	1,560 +30	+2%	+$6.33K	0.02%	1186
2019 Q1	$305K	Sell	1,530 -1,580	-51%	-$286K	0.02%	1252
2018 Q4	$503K	Buy	+3,110	New	+$506K	0.03%	920
2018 Q2	$514K	Sell	3,110 -4,940	-61%	-$797K	0.03%	1041
2018 Q1	$1.38M	Hold	8,050	–	–	0.07%	401
2017 Q4	$1.31M	Buy	8,050 +4,940	+159%	+$785K	0.07%	434
2017 Q3	$448K	Buy	+3,110	New	+$443K	0.02%	1189

Other funds holding SBAC

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

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

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

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

ACM

AKRE Capital Management Middleburg, Virginia $6.13B AUM 15.27% 1-Year Est. Return

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

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

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

Municipal Employees' Retirement System of Michigan sold out of SBA Communications (SBAC) in Q2 2020, closing a stake of 1,590 shares — an estimated $429K sold.

Municipal Employees' Retirement System of Michigan first reported a position in SBAC in Q3 2017 and held it in 10 quarters. The position peaked at $1.38M in Q1 2018. 650 funds tracked by Wall St. Rank hold SBAC as of Q2 2020.

Municipal Employees' Retirement System of Michigan reported no remaining SBA Communications position as of Q2 2020 after selling out during the quarter.
Municipal Employees' Retirement System of Michigan sold 1,590 SBA Communications shares in Q2 2020, an estimated $429K.
Municipal Employees' Retirement System of Michigan first reported a position in SBA Communications in Q3 2017 and held it in 10 quarters.
Municipal Employees' Retirement System of Michigan's SBA Communications position peaked at $1.38M in Q1 2018.
650 funds tracked by Wall St. Rank held SBA Communications as of Q2 2020.

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