SOMRS
SAFE

State of Michigan Retirement System’s Safehold Inc. SAFE Stock Holding History

State of Michigan Retirement System’s Portfolio SAFE Stock Details SAFE Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2020
Q1 		– Sell
-599,669
Closed -$24.2M – 965
2019
Q4 		$24.2M Sell
599,669
-280,331
-32% -$10.3M 0.2% 128
2019
Q3 		$26.8M Hold
880,000
– – 0.24% 99
2019
Q2 		$26.6M Hold
880,000
– – 0.24% 99
2019
Q1 		$19.2M Hold
880,000
– – 0.15% 133
2018
Q4 		$16.6M Hold
880,000
– – 0.15% 135
2018
Q3 		$16.5M Hold
880,000
– – 0.12% 156
2018
Q2 		$16.7M Hold
880,000
– – 0.13% 142
2018
Q1 		$14.1M Buy
880,000
+706,500
+407% +$12.1M 0.11% 153
2017
Q4 		$3.05M Buy
+173,500
New +$3.15M 0.02% 465

Other funds holding SAFE

UBS Group
UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
JG
Jefferies Group New York $12B AUM 6.2% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
UIC
Uniplan Investment Counsel Milwaukee, Wisconsin $974M AUM 21.37% 1-Year Est. Return
GC
Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return
AC
Addison Capital Conshohocken, Pennsylvania $562M AUM 18.57% 1-Year Est. Return

State of Michigan Retirement System's SAFE Position: Q1 2020 in Review

State of Michigan Retirement System sold out of Safehold Inc. (SAFE) in Q1 2020, closing a stake of 599,669 shares — an estimated $24.2M sold.

State of Michigan Retirement System first reported a position in SAFE in Q4 2017 and held it in 9 quarters. The position peaked at $26.8M in Q3 2019. 143 funds tracked by Wall St. Rank hold SAFE as of Q1 2020.

  • State of Michigan Retirement System reported no remaining Safehold Inc. position as of Q1 2020 after selling out during the quarter.
  • State of Michigan Retirement System sold 599,669 Safehold Inc. shares in Q1 2020, an estimated $24.2M.
  • State of Michigan Retirement System first reported a position in Safehold Inc. in Q4 2017 and held it in 9 quarters.
  • State of Michigan Retirement System's Safehold Inc. position peaked at $26.8M in Q3 2019.
  • 143 funds tracked by Wall St. Rank held Safehold Inc. as of Q1 2020.

Based on State of Michigan Retirement System's 13F filing for Q1 2020, filed 28 Apr 2020.