State of Michigan Retirement System’s iShares MSCI Italy ETF EWI Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-140,000	Closed	-$3.09M	–	965
2016 Q3	$3.09M	Hold	140,000	–	–	0.02%	479
2016 Q2	$3.04M	Hold	140,000	–	–	0.02%	483
2016 Q1	$3.42M	Hold	140,000	–	–	0.03%	438
2015 Q4	$3.85M	Hold	140,000	–	–	0.03%	398
2015 Q3	$4.01M	Hold	140,000	–	–	0.03%	392
2015 Q2	$4.17M	Hold	140,000	–	–	0.03%	420
2015 Q1	$4.14M	Hold	140,000	–	–	0.03%	437
2014 Q4	$3.81M	Hold	140,000	–	–	0.03%	459
2014 Q3	$4.39M	Hold	140,000	–	–	0.03%	410
2014 Q2	$4.87M	Hold	140,000	–	–	0.03%	393
2014 Q1	$4.96M	Hold	140,000	–	–	0.04%	376
2013 Q4	$4.37M	Hold	140,000	–	–	0.03%	398
2013 Q3	$3.95M	Hold	140,000	–	–	0.03%	402
2013 Q2	$3.31M	Buy	+140,000	New	+$3.58M	0.03%	429

Other funds holding EWI

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

Hexavest Montreal, Quebec, Canada $1.64B AUM 28.34% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

STRS Ohio Columbus, Ohio $25.2B AUM 30.31% 1-Year Est. Return

PVH

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

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

Polianta Ltd St Helier, Jersey $809M AUM 10% 1-Year Est. Return

GAM Holding Zurich, Switzerland $1.57B AUM 25.73% 1-Year Est. Return

Axa Paris, France $256M AUM 25.01% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

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

State of Michigan Retirement System sold out of iShares MSCI Italy ETF (EWI) in Q4 2016, closing a stake of 140,000 shares — an estimated $3.09M sold.

State of Michigan Retirement System first reported a position in EWI in Q2 2013 and held it in 14 quarters. The position peaked at $4.96M in Q1 2014. 75 funds tracked by Wall St. Rank hold EWI as of Q4 2016.

State of Michigan Retirement System reported no remaining iShares MSCI Italy ETF position as of Q4 2016 after selling out during the quarter.
State of Michigan Retirement System sold 140,000 iShares MSCI Italy ETF shares in Q4 2016, an estimated $3.09M.
State of Michigan Retirement System first reported a position in iShares MSCI Italy ETF in Q2 2013 and held it in 14 quarters.
State of Michigan Retirement System's iShares MSCI Italy ETF position peaked at $4.96M in Q1 2014.
75 funds tracked by Wall St. Rank held iShares MSCI Italy ETF as of Q4 2016.

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