State of Michigan Retirement System’s BlackRock TCP Capital TCPC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2021 Q4	–	Sell	-1,320,000	Closed	-$17.9M	–	994
2021 Q3	$17.9M	Hold	1,320,000	–	–	0.1%	148
2021 Q2	$18.2M	Sell	1,320,000 -228,039	-15%	-$3.3M	0.11%	169
2021 Q1	$21.4M	Hold	1,548,039	–	–	0.14%	145
2020 Q4	$17.4M	Hold	1,548,039	–	–	0.12%	161
2020 Q3	$15.2M	Hold	1,548,039	–	–	0.12%	153
2020 Q2	$14.1M	Hold	1,548,039	–	–	0.12%	148
2020 Q1	$9.68M	Hold	1,548,039	–	–	0.11%	165
2019 Q4	$21.8M	Hold	1,548,039	–	–	0.18%	133
2019 Q3	$21M	Buy	1,548,039 +1,524,000	+6,340%	+$21M	0.19%	121
2019 Q2	$343K	Hold	24,039	–	–	﹤0.01%	932
2019 Q1	$341K	Hold	24,039	–	–	﹤0.01%	945
2018 Q4	$313K	Hold	24,039	–	–	﹤0.01%	942
2018 Q3	$342K	Buy	+24,039	New	+$352K	﹤0.01%	938

Other funds holding TCPC

Barings Charlotte, North Carolina $5.64B AUM 18.33% 1-Year Est. Return

Cliffwater Marina Del Rey, California $402M AUM 7.57% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

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

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

ACM

Advisors Capital Management Ridgewood, New Jersey $9.45B AUM 27.66% 1-Year Est. Return

CIM

Confluence Investment Management St. Louis, Missouri $6.4B AUM 9.79% 1-Year Est. Return

FWIA

Fort Washington Investment Advisors Cincinnati, Ohio $19.9B AUM 22.19% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State of Michigan Retirement System's TCPC Position: Q4 2021 in Review

State of Michigan Retirement System sold out of BlackRock TCP Capital (TCPC) in Q4 2021, closing a stake of 1,320,000 shares — an estimated $17.9M sold.

State of Michigan Retirement System first reported a position in TCPC in Q3 2018 and held it in 13 quarters. The position peaked at $21.8M in Q4 2019. 110 funds tracked by Wall St. Rank hold TCPC as of Q4 2021.

State of Michigan Retirement System reported no remaining BlackRock TCP Capital position as of Q4 2021 after selling out during the quarter.
State of Michigan Retirement System sold 1,320,000 BlackRock TCP Capital shares in Q4 2021, an estimated $17.9M.
State of Michigan Retirement System first reported a position in BlackRock TCP Capital in Q3 2018 and held it in 13 quarters.
State of Michigan Retirement System's BlackRock TCP Capital position peaked at $21.8M in Q4 2019.
110 funds tracked by Wall St. Rank held BlackRock TCP Capital as of Q4 2021.

Based on State of Michigan Retirement System's 13F filing for Q4 2021, filed 27 Jan 2022.