State of Michigan Retirement System’s Denbury Resources, Inc. DNR Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-160,292	Closed	-$590K	–	964
2016 Q4	$590K	Hold	160,292	–	–	﹤0.01%	935
2016 Q3	$518K	Buy	160,292 +19,600	+14%	+$59.9K	﹤0.01%	945
2016 Q2	$505K	Buy	140,692 +1,900	+1%	+$7.14K	﹤0.01%	942
2016 Q1	$308K	Hold	138,792	–	–	﹤0.01%	949
2015 Q4	$280K	Sell	138,792 -23,100	-14%	-$74.4K	﹤0.01%	948
2015 Q3	$395K	Sell	161,892 -114,600	-41%	-$443K	﹤0.01%	946
2015 Q2	$1.76M	Buy	276,492 +16,000	+6%	+$122K	0.01%	722
2015 Q1	$1.9M	Buy	260,492 +81,255	+45%	+$629K	0.01%	689
2014 Q4	$1.46M	Sell	179,237 -80,155	-31%	-$831K	0.01%	791
2014 Q3	$3.9M	Buy	259,392 +115,300	+80%	+$1.93M	0.03%	447
2014 Q2	$2.66M	Sell	144,092 -1,200	-0.8%	-$20.6K	0.02%	585
2014 Q1	$2.38M	Sell	145,292 -3,800	-3%	-$61.8K	0.02%	602
2013 Q4	$2.45M	Sell	149,092 -2,600	-2%	-$45.9K	0.02%	576
2013 Q3	$2.79M	Buy	151,692 +100	+0.1%	+$1.76K	0.02%	504
2013 Q2	$2.63M	Buy	+151,592	New	+$2.72M	0.02%	497

Other funds holding DNR

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

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

SCP

SailingStone Capital Partners Houston, Texas $440M AUM 127.21% 1-Year Est. Return

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

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

Norges Bank Oslo, Norway $935B AUM

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

State of Michigan Retirement System's DNR Position: Q1 2017 in Review

State of Michigan Retirement System sold out of Denbury Resources, Inc. (DNR) in Q1 2017, closing a stake of 160,292 shares — an estimated $590K sold.

State of Michigan Retirement System first reported a position in DNR in Q2 2013 and held it in 15 quarters. The position peaked at $3.9M in Q3 2014. 206 funds tracked by Wall St. Rank hold DNR as of Q1 2017.

State of Michigan Retirement System reported no remaining Denbury Resources, Inc. position as of Q1 2017 after selling out during the quarter.
State of Michigan Retirement System sold 160,292 Denbury Resources, Inc. shares in Q1 2017, an estimated $590K.
State of Michigan Retirement System first reported a position in Denbury Resources, Inc. in Q2 2013 and held it in 15 quarters.
State of Michigan Retirement System's Denbury Resources, Inc. position peaked at $3.9M in Q3 2014.
206 funds tracked by Wall St. Rank held Denbury Resources, Inc. as of Q1 2017.

Based on State of Michigan Retirement System's 13F filing for Q1 2017, filed 1 May 2017.