State of Michigan Retirement System’s iShares MSCI Sweden ETF EWD Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-360,000	Closed	-$10.5M	–	964
2016 Q3	$10.5M	Hold	360,000	–	–	0.08%	200
2016 Q2	$9.85M	Hold	360,000	–	–	0.08%	202
2016 Q1	$10.6M	Hold	360,000	–	–	0.08%	185
2015 Q4	$10.5M	Hold	360,000	–	–	0.08%	186
2015 Q3	$10.5M	Hold	360,000	–	–	0.08%	190
2015 Q2	$11.4M	Hold	360,000	–	–	0.08%	201
2015 Q1	$12.1M	Hold	360,000	–	–	0.08%	192
2014 Q4	$11.4M	Hold	360,000	–	–	0.08%	209
2014 Q3	$11.9M	Hold	360,000	–	–	0.08%	199
2014 Q2	$12.7M	Hold	360,000	–	–	0.09%	196
2014 Q1	$13.2M	Hold	360,000	–	–	0.1%	177
2013 Q4	$12.9M	Hold	360,000	–	–	0.1%	170
2013 Q3	$12.3M	Hold	360,000	–	–	0.11%	171
2013 Q2	$10.7M	Buy	+360,000	New	+$11.7M	0.1%	174

Other funds holding EWD

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

PVH

Psagot Value Holdings Tel Aviv, Israel $11M AUM 32.09% 1-Year Est. Return

Bessemer Group Woodbridge, New Jersey $72.7B AUM 39.36% 1-Year Est. Return

KHLMVGHM

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet Tel Aviv, Israel $2.44B AUM 24.95% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

WOA

Water Oak Advisors Winter Park, Florida $155M AUM 6.37% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

State of Michigan Retirement System's EWD Position: Q4 2016 in Review

State of Michigan Retirement System sold out of iShares MSCI Sweden ETF (EWD) in Q4 2016, closing a stake of 360,000 shares — an estimated $10.5M sold.

State of Michigan Retirement System first reported a position in EWD in Q2 2013 and held it in 14 quarters. The position peaked at $13.2M in Q1 2014. 66 funds tracked by Wall St. Rank hold EWD as of Q4 2016.

State of Michigan Retirement System reported no remaining iShares MSCI Sweden ETF position as of Q4 2016 after selling out during the quarter.
State of Michigan Retirement System sold 360,000 iShares MSCI Sweden ETF shares in Q4 2016, an estimated $10.5M.
State of Michigan Retirement System first reported a position in iShares MSCI Sweden ETF in Q2 2013 and held it in 14 quarters.
State of Michigan Retirement System's iShares MSCI Sweden ETF position peaked at $13.2M in Q1 2014.
66 funds tracked by Wall St. Rank held iShares MSCI Sweden ETF as of Q4 2016.

Based on State of Michigan Retirement System's 13F filing for Q4 2016, filed 2 Feb 2017.