State of Michigan Retirement System’s Vanguard FTSE Developed Markets ETF VEA Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-300,000	Closed	-$13.5M	–	945
2017 Q4	$13.5M	Hold	300,000	–	–	0.11%	158
2017 Q3	$13M	Hold	300,000	–	–	0.11%	157
2017 Q2	$12.4M	Hold	300,000	–	–	0.09%	173
2017 Q1	$11.8M	Hold	300,000	–	–	0.09%	168
2016 Q4	$11M	Hold	300,000	–	–	0.09%	183
2016 Q3	$11.2M	Hold	300,000	–	–	0.09%	186
2016 Q2	$10.6M	Hold	300,000	–	–	0.08%	188
2016 Q1	$10.8M	Hold	300,000	–	–	0.09%	183
2015 Q4	$11M	Hold	300,000	–	–	0.08%	177
2015 Q3	$10.7M	Hold	300,000	–	–	0.08%	186
2015 Q2	$11.9M	Hold	300,000	–	–	0.08%	192
2015 Q1	$11.9M	Hold	300,000	–	–	0.08%	193
2014 Q4	$11.4M	Hold	300,000	–	–	0.08%	210
2014 Q3	$11.9M	Hold	300,000	–	–	0.08%	198
2014 Q2	$12.8M	Hold	300,000	–	–	0.09%	195
2014 Q1	$12.4M	Hold	300,000	–	–	0.09%	186
2013 Q4	$12.5M	Hold	300,000	–	–	0.1%	177
2013 Q3	$11.9M	Hold	300,000	–	–	0.1%	176
2013 Q2	$10.7M	Buy	+300,000	New	+$11.2M	0.1%	175

Other funds holding VEA

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

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

Betterment LLC New York $52.8B AUM 15.34% 1-Year Est. Return

Creative Planning Overland Park, Kansas $147B AUM 18.73% 1-Year Est. Return

Jones Financial Companies Des Peres, Missouri $208B AUM 16.12% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

MFRM

Milliman Financial Risk Management Chicago, Illinois $6.4B AUM 12.26% 1-Year Est. Return

WIM

Windhaven Investment Management Boston, Massachusetts $7.79B AUM 7.81% 1-Year Est. Return

Wealthfront Palo Alto, California $10.4B AUM 6.15% 1-Year Est. Return

State of Michigan Retirement System's VEA Position: Q1 2018 in Review

State of Michigan Retirement System sold out of Vanguard FTSE Developed Markets ETF (VEA) in Q1 2018, closing a stake of 300,000 shares — an estimated $13.5M sold.

State of Michigan Retirement System first reported a position in VEA in Q2 2013 and held it in 19 quarters. The position peaked at $13.5M in Q4 2017. 1,033 funds tracked by Wall St. Rank hold VEA as of Q1 2018.

State of Michigan Retirement System reported no remaining Vanguard FTSE Developed Markets ETF position as of Q1 2018 after selling out during the quarter.
State of Michigan Retirement System sold 300,000 Vanguard FTSE Developed Markets ETF shares in Q1 2018, an estimated $13.5M.
State of Michigan Retirement System first reported a position in Vanguard FTSE Developed Markets ETF in Q2 2013 and held it in 19 quarters.
State of Michigan Retirement System's Vanguard FTSE Developed Markets ETF position peaked at $13.5M in Q4 2017.
1,033 funds tracked by Wall St. Rank held Vanguard FTSE Developed Markets ETF as of Q1 2018.

Based on State of Michigan Retirement System's 13F filing for Q1 2018, filed 8 May 2018.