State of New Jersey Common Pension Fund D’s RAIT Financial Trust RAS Stock Holding History

State of New Jersey Common Pension Fund D’s Portfolio RAS Stock Details RAS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-275,000	Closed	-$743K	–	1029
2015 Q4	$743K	Hold	275,000	–	–	﹤0.01%	878
2015 Q3	$1.36M	Buy	275,000 +70,000	+34%	+$384K	0.01%	799
2015 Q2	$1.25M	Buy	+205,000	New	+$1.34M	﹤0.01%	824

Other funds holding RAS

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Tiptree Advisors New York $172M AUM 86.65% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.14% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

SCM

Sterling Capital Management Charlotte, North Carolina $5.9B AUM 29.63% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Alyeska Investment Group Chicago, Illinois $35.4B AUM 33.54% 1-Year Est. Return

DVM

Dreman Value Management West Palm Beach, Florida $221M AUM 11.99% 1-Year Est. Return

State of New Jersey Common Pension Fund D's RAS Position: Q1 2016 in Review

State of New Jersey Common Pension Fund D sold out of RAIT Financial Trust (RAS) in Q1 2016, closing a stake of 275,000 shares — an estimated $743K sold.

State of New Jersey Common Pension Fund D first reported a position in RAS in Q2 2015 and held it in 3 quarters. The position peaked at $1.36M in Q3 2015. 107 funds tracked by Wall St. Rank hold RAS as of Q1 2016.

State of New Jersey Common Pension Fund D reported no remaining RAIT Financial Trust position as of Q1 2016 after selling out during the quarter.
State of New Jersey Common Pension Fund D sold 275,000 RAIT Financial Trust shares in Q1 2016, an estimated $743K.
State of New Jersey Common Pension Fund D first reported a position in RAIT Financial Trust in Q2 2015 and held it in 3 quarters.
State of New Jersey Common Pension Fund D's RAIT Financial Trust position peaked at $1.36M in Q3 2015.
107 funds tracked by Wall St. Rank held RAIT Financial Trust as of Q1 2016.

Based on State of New Jersey Common Pension Fund D's 13F filing for Q1 2016, filed 28 Apr 2016.