Sigma Investment Management’s iShares MSCI Japan ETF EWJ Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-226,189	Closed	-$11M	–	21
2015 Q4	$11M	Buy	226,189 +2,318	+1%	+$114K	6.74%	6
2015 Q3	$10.2M	Sell	223,871 -4,108	-2%	-$203K	6.67%	7
2015 Q2	$11.7M	Buy	227,979 +11,513	+5%	+$600K	7.14%	6
2015 Q1	$10.8M	Buy	216,466 +7,971	+4%	+$381K	6.64%	6
2014 Q4	$9.37M	Buy	208,495 +5,868	+3%	+$269K	5.82%	7
2014 Q3	$9.54M	Buy	+202,627	New	+$9.68M	6.77%	6
2013 Q4	–	Sell	-201,422	Closed	-$9.6M	–	27
2013 Q3	$9.6M	Buy	+201,422	New	+$9.32M	6.74%	6

Other funds holding EWJ

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 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

Bessemer Group Woodbridge, New Jersey $63.6B AUM 28.76% 1-Year Est. Return

PPFA

Provida Pension Fund Administrator Las Condes, Santiago, Chile $5.78B AUM 21.16% 1-Year Est. Return

WIM

Windhaven Investment Management Boston, Massachusetts $7.79B AUM 7.81% 1-Year Est. Return

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

Bank of Nova Scotia Toronto, Ontario, Canada $57.2B AUM 35.3% 1-Year Est. Return

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

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

Sigma Investment Management sold out of iShares MSCI Japan ETF (EWJ) in Q1 2016, closing a stake of 226,189 shares — an estimated $11M sold.

Sigma Investment Management first reported a position in EWJ in Q3 2013 and held it in 7 quarters. The position peaked at $11.7M in Q2 2015. 375 funds tracked by Wall St. Rank hold EWJ as of Q1 2016.

Sigma Investment Management reported no remaining iShares MSCI Japan ETF position as of Q1 2016 after selling out during the quarter.
Sigma Investment Management sold 226,189 iShares MSCI Japan ETF shares in Q1 2016, an estimated $11M.
Sigma Investment Management first reported a position in iShares MSCI Japan ETF in Q3 2013 and held it in 7 quarters.
Sigma Investment Management's iShares MSCI Japan ETF position peaked at $11.7M in Q2 2015.
375 funds tracked by Wall St. Rank held iShares MSCI Japan ETF as of Q1 2016.

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