Virginia Retirement Systems’s Shift4 FOUR Stock Holding History

Virginia Retirement Systems’s Portfolio FOUR Stock Details FOUR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-8,500	Closed	-$658K	–	991
2025 Q3	$658K	Hold	8,500	–	–	﹤0.01%	697
2025 Q2	$842K	Buy	8,500 +5,200	+158%	+$453K	0.01%	616
2025 Q1	$270K	Buy	+3,300	New	+$340K	﹤0.01%	907
2023 Q3	$570K	Buy	10,300 +5,600	+119%	+$341K	0.01%	659
2023 Q2	$319K	Sell	4,700 -1,800	-28%	-$118K	﹤0.01%	826
2023 Q1	$493K	Sell	6,500 -2,600	-29%	-$167K	0.01%	745
2022 Q4	$509K	Sell	9,100 -9,000	-50%	-$425K	0.01%	819
2022 Q3	$807K	Buy	+18,100	New	+$760K	0.01%	646
2022 Q1	$471K	Sell	7,600 -1,800	-19%	-$94.9K	﹤0.01%	863
2021 Q4	$545	Buy	+9,400	New	+$597K	﹤0.01%	827

Other funds holding FOUR

Wasatch Advisors Salt Lake City, Utah $15.3B AUM 25.06% 1-Year Est. Return

DCP

Durable Capital Partners Bethesda, Maryland $9.71B AUM 26.27% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

DPCM

Darlington Partners Capital Management Greenbrae, California $2.23B AUM 16.2% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Ensign Peak Advisors Salt Lake City, Utah $53.7B AUM 29.47% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Virginia Retirement Systems's FOUR Position: Q4 2025 in Review

Virginia Retirement Systems sold out of Shift4 (FOUR) in Q4 2025, closing a stake of 8,500 shares — an estimated $658K sold.

Virginia Retirement Systems first reported a position in FOUR in Q4 2021 and held it in 10 quarters. The position peaked at $842K in Q2 2025. 402 funds tracked by Wall St. Rank hold FOUR as of Q4 2025.

Virginia Retirement Systems reported no remaining Shift4 position as of Q4 2025 after selling out during the quarter.
Virginia Retirement Systems sold 8,500 Shift4 shares in Q4 2025, an estimated $658K.
Virginia Retirement Systems first reported a position in Shift4 in Q4 2021 and held it in 10 quarters.
Virginia Retirement Systems's Shift4 position peaked at $842K in Q2 2025.
402 funds tracked by Wall St. Rank held Shift4 as of Q4 2025.

Based on Virginia Retirement Systems's 13F filing for Q4 2025, filed 4 Feb 2026.