State of Michigan Retirement System’s Ellington Residential Mortgage REIT EARN Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2021 Q1	–	Sell	-580,000	Closed	-$7.56M	–	978
2020 Q4	$7.56M	Hold	580,000	–	–	0.05%	283
2020 Q3	$6.44M	Hold	580,000	–	–	0.05%	278
2020 Q2	$5.97M	Hold	580,000	–	–	0.05%	266
2020 Q1	$3.07M	Hold	580,000	–	–	0.03%	329
2019 Q4	$6.29M	Hold	580,000	–	–	0.05%	272
2019 Q3	$6.11M	Hold	580,000	–	–	0.06%	262
2019 Q2	$6.24M	Hold	580,000	–	–	0.06%	252
2019 Q1	$6.9M	Hold	580,000	–	–	0.06%	263
2018 Q4	$5.93M	Hold	580,000	–	–	0.05%	273
2018 Q3	$6.55M	Hold	580,000	–	–	0.05%	282
2018 Q2	$6.32M	Hold	580,000	–	–	0.05%	276
2018 Q1	$6.36M	Hold	580,000	–	–	0.05%	271
2017 Q4	$6.98M	Hold	580,000	–	–	0.06%	253
2017 Q3	$8.42M	Buy	+580,000	New	+$8.48M	0.07%	221

Other funds holding EARN

Blackstone Inc New York $25.6B AUM 26.83% 1-Year Est. Return

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

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

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

GCM

Gables Capital Management Miami, Florida $236M AUM 32.91% 1-Year Est. Return

Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

State of Michigan Retirement System's EARN Position: Q1 2021 in Review

State of Michigan Retirement System sold out of Ellington Residential Mortgage REIT (EARN) in Q1 2021, closing a stake of 580,000 shares — an estimated $7.56M sold.

State of Michigan Retirement System first reported a position in EARN in Q3 2017 and held it in 14 quarters. The position peaked at $8.42M in Q3 2017. 60 funds tracked by Wall St. Rank hold EARN as of Q1 2021.

State of Michigan Retirement System reported no remaining Ellington Residential Mortgage REIT position as of Q1 2021 after selling out during the quarter.
State of Michigan Retirement System sold 580,000 Ellington Residential Mortgage REIT shares in Q1 2021, an estimated $7.56M.
State of Michigan Retirement System first reported a position in Ellington Residential Mortgage REIT in Q3 2017 and held it in 14 quarters.
State of Michigan Retirement System's Ellington Residential Mortgage REIT position peaked at $8.42M in Q3 2017.
60 funds tracked by Wall St. Rank held Ellington Residential Mortgage REIT as of Q1 2021.

Based on State of Michigan Retirement System's 13F filing for Q1 2021, filed 3 May 2021.