SOMRS
VRE

State of Michigan Retirement System’s Veris Residential VRE Stock Holding History

State of Michigan Retirement System’s Portfolio VRE Stock Details VRE Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2020
Q3 		– Sell
-32,970
Closed -$504K – 963
2020
Q2 		$504K Buy
32,970
+7,870
+31% +$122K ﹤0.01% 899
2020
Q1 		$382K Sell
25,100
-1,500
-6% -$30.7K ﹤0.01% 856
2019
Q4 		$615K Buy
26,600
+300
+1% +$6.51K 0.01% 891
2019
Q3 		$570K Sell
26,300
-400
-1% -$8.89K 0.01% 881
2019
Q2 		$622K Sell
26,700
-5,500
-17% -$126K 0.01% 874
2019
Q1 		$715K Hold
32,200
– – 0.01% 889
2018
Q4 		$631K Sell
32,200
-1,200
-4% -$24.6K 0.01% 884
2018
Q3 		$710K Buy
33,400
+200
+0.6% +$4.07K 0.01% 909
2018
Q2 		$673K Buy
33,200
+300
+0.9% +$5.53K 0.01% 914
2018
Q1 		$550K Buy
32,900
+600
+2% +$11.3K ﹤0.01% 920
2017
Q4 		$696K Sell
32,300
-1,500
-4% -$33.8K 0.01% 901
2017
Q3 		$801K Sell
33,800
-3,200
-9% -$78.8K 0.01% 890
2017
Q2 		$1M Buy
37,000
+500
+1% +$13.7K 0.01% 851
2017
Q1 		$983K Buy
36,500
+400
+1% +$11.2K 0.01% 849
2016
Q4 		$1.05M Hold
36,100
– – 0.01% 851
2016
Q3 		$983K Buy
36,100
+100
+0.3% +$2.77K 0.01% 858
2016
Q2 		$972K Buy
36,000
+200
+0.6% +$5.12K 0.01% 835
2016
Q1 		$841K Buy
35,800
+500
+1% +$10.4K 0.01% 856
2015
Q4 		$824K Sell
35,300
-5,000
-12% -$112K 0.01% 849
2015
Q3 		$761K Buy
40,300
+2,100
+5% +$41.3K 0.01% 897
2015
Q2 		$704K Buy
38,200
+200
+0.5% +$3.64K ﹤0.01% 925
2015
Q1 		$733K Sell
38,000
-1,800
-5% -$34.8K 0.01% 919
2014
Q4 		$759K Buy
39,800
+100
+0.3% +$1.91K 0.01% 928
2014
Q3 		$759K Sell
39,700
-2,100
-5% -$43.9K 0.01% 917
2014
Q2 		$898K Buy
41,800
+100
+0.2% +$2.11K 0.01% 904
2014
Q1 		$867K Buy
41,700
+500
+1% +$10.5K 0.01% 902
2013
Q4 		$885K Buy
41,200
+200
+0.5% +$4.19K 0.01% 884
2013
Q3 		$900K Buy
41,000
+2,600
+7% +$59.2K 0.01% 863
2013
Q2 		$940K Buy
+38,400
New +$1.03M 0.01% 826

Other funds holding VRE

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
MIRH
Madison International Realty Holdings New York $54.9M AUM
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
BC
Brookfield Corp Toronto, Ontario, Canada $74.2B AUM 0.68% 1-Year Est. Return
Nomura Holdings
Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return
Renaissance Technologies
Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

State of Michigan Retirement System's VRE Position: Q3 2020 in Review

State of Michigan Retirement System sold out of Veris Residential (VRE) in Q3 2020, closing a stake of 32,970 shares — an estimated $504K sold.

State of Michigan Retirement System first reported a position in VRE in Q2 2013 and held it in 29 quarters. The position peaked at $1.05M in Q4 2016. 157 funds tracked by Wall St. Rank hold VRE as of Q3 2020.

  • State of Michigan Retirement System reported no remaining Veris Residential position as of Q3 2020 after selling out during the quarter.
  • State of Michigan Retirement System sold 32,970 Veris Residential shares in Q3 2020, an estimated $504K.
  • State of Michigan Retirement System first reported a position in Veris Residential in Q2 2013 and held it in 29 quarters.
  • State of Michigan Retirement System's Veris Residential position peaked at $1.05M in Q4 2016.
  • 157 funds tracked by Wall St. Rank held Veris Residential as of Q3 2020.

Based on State of Michigan Retirement System's 13F filing for Q3 2020, filed 26 Oct 2020.