Sigma Investment Management’s iShares MSCI EAFE ETF EFA Stock Holding History

Sigma Investment Management’s Portfolio EFA Stock Details EFA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-208,920	Closed	-$12.3M	–	20
2015 Q4	$12.3M	Sell	208,920 -29,958	-13%	-$1.8M	7.54%	5
2015 Q3	$13.7M	Sell	238,878 -2,903	-1%	-$179K	8.93%	5
2015 Q2	$15.4M	Buy	241,781 +7,556	+3%	+$503K	9.38%	5
2015 Q1	$15M	Buy	234,225 +18,085	+8%	+$1.14M	9.19%	5
2014 Q4	$13.2M	Sell	216,140 -8,262	-4%	-$516K	8.16%	5
2014 Q3	$14.4M	Sell	224,402 -1,165	-0.5%	-$77.7K	10.21%	5
2014 Q2	$15.4M	Buy	225,567 +972	+0.4%	+$66.6K	10.57%	5
2014 Q1	$15.1M	Sell	224,595 -5,176	-2%	-$342K	10.61%	5
2013 Q4	$15.4M	Buy	229,771 +78	+0%	+$5.1K	10.28%	5
2013 Q3	$14.7M	Buy	229,693 +4,861	+2%	+$298K	10.28%	5
2013 Q2	$12.9M	Buy	+224,832	New	+$13.6M	9.57%	5

Other funds holding EFA

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

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

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Jones Financial Companies Des Peres, Missouri $208B AUM 16.12% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

Sigma Investment Management's EFA Position: Q1 2016 in Review

Sigma Investment Management sold out of iShares MSCI EAFE ETF (EFA) in Q1 2016, closing a stake of 208,920 shares — an estimated $12.3M sold.

Sigma Investment Management first reported a position in EFA in Q2 2013 and held it in 11 quarters. The position peaked at $15.4M in Q2 2014. 1,037 funds tracked by Wall St. Rank hold EFA as of Q1 2016.

Sigma Investment Management reported no remaining iShares MSCI EAFE ETF position as of Q1 2016 after selling out during the quarter.
Sigma Investment Management sold 208,920 iShares MSCI EAFE ETF shares in Q1 2016, an estimated $12.3M.
Sigma Investment Management first reported a position in iShares MSCI EAFE ETF in Q2 2013 and held it in 11 quarters.
Sigma Investment Management's iShares MSCI EAFE ETF position peaked at $15.4M in Q2 2014.
1,037 funds tracked by Wall St. Rank held iShares MSCI EAFE ETF as of Q1 2016.

Based on Sigma Investment Management's 13F filing for Q1 2016, filed 16 May 2016.