SOMRS
VR

State of Michigan Retirement System’s Validus Hold Ltd VR Stock Holding History

State of Michigan Retirement System’s Portfolio VR Stock Details VR Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2018
Q1 		– Sell
-2,998,643
Closed -$141M – 949
2017
Q4 		$141M Sell
2,998,643
-800,000
-21% -$39.5M 1.11% 18
2017
Q3 		$187M Buy
3,798,643
+390,000
+11% +$19.8M 1.51% 13
2017
Q2 		$177M Hold
3,408,643
– – 1.34% 14
2017
Q1 		$192M Hold
3,408,643
– – 1.49% 14
2016
Q4 		$188M Hold
3,408,643
– – 1.49% 12
2016
Q3 		$170M Hold
3,408,643
– – 1.34% 14
2016
Q2 		$166M Buy
3,408,643
+14,743
+0.4% +$692K 1.3% 13
2016
Q1 		$160M Sell
3,393,900
-29,200
-0.9% -$1.31M 1.27% 14
2015
Q4 		$158M Sell
3,423,100
-390,000
-10% -$17.7M 1.21% 16
2015
Q3 		$172M Sell
3,813,100
-140,000
-4% -$6.32M 1.33% 11
2015
Q2 		$174M Hold
3,953,100
– – 1.21% 12
2015
Q1 		$166M Buy
3,953,100
+403,100
+11% +$16.6M 1.17% 13
2014
Q4 		$148M Buy
+3,550,000
New +$143M 0.98% 20

Other funds holding VR

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
HI
HBK Investments Dallas, Texas $7.94B AUM 55.6% 1-Year Est. Return
BlackRock
BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return
MF
Magnetar Financial Evanston, Illinois $9.83B AUM 190.64% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $761B AUM 31.28% 1-Year Est. Return
AA
AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.47T AUM 27.86% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Diamond Hill Capital Management
Diamond Hill Capital Management Columbus, Ohio $16B AUM 4.15% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return