State of Michigan Retirement System’s COVANCE INC. CVD Stock Holding History

State of Michigan Retirement System’s Portfolio CVD Stock Details CVD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-26,950	Closed	-$2.8M	–	963
2014 Q4	$2.8M	Buy	26,950 +100	+0.4%	+$9.37K	0.02%	577
2014 Q3	$2.11M	Sell	26,850 -200	-0.7%	-$17K	0.01%	648
2014 Q2	$2.31M	Buy	27,050 +400	+2%	+$35.6K	0.02%	639
2014 Q1	$2.77M	Buy	26,650 +400	+2%	+$39.6K	0.02%	551
2013 Q4	$2.31M	Buy	26,250 +200	+0.8%	+$17.3K	0.02%	599
2013 Q3	$2.25M	Buy	26,050 +300	+1%	+$24.7K	0.02%	581
2013 Q2	$1.96M	Buy	+25,750	New	+$1.93M	0.02%	596

Other funds holding CVD

California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return

Burney Company Reston, Virginia $3.71B AUM 37.66% 1-Year Est. Return

State of Michigan Retirement System's CVD Position: Q1 2015 in Review

State of Michigan Retirement System sold out of COVANCE INC. (CVD) in Q1 2015, closing a stake of 26,950 shares — an estimated $2.8M sold.

State of Michigan Retirement System first reported a position in CVD in Q2 2013 and held it in 7 quarters. The position peaked at $2.8M in Q4 2014. 2 funds tracked by Wall St. Rank hold CVD as of Q1 2015.

State of Michigan Retirement System reported no remaining COVANCE INC. position as of Q1 2015 after selling out during the quarter.
State of Michigan Retirement System sold 26,950 COVANCE INC. shares in Q1 2015, an estimated $2.8M.
State of Michigan Retirement System first reported a position in COVANCE INC. in Q2 2013 and held it in 7 quarters.
State of Michigan Retirement System's COVANCE INC. position peaked at $2.8M in Q4 2014.
2 funds tracked by Wall St. Rank held COVANCE INC. as of Q1 2015.

Based on State of Michigan Retirement System's 13F filing for Q1 2015, filed 30 Apr 2015.