Question 1

How many shares of VLUE does STATE OF MICHIGAN RETIREMENT SYSTEM own?

Accepted Answer

As of 2026-Q2, STATE OF MICHIGAN RETIREMENT SYSTEM holds 218,300 shares of VLUE (ISHARES MSCI USA VALUE FACTO).

Question 2

What is STATE OF MICHIGAN RETIREMENT SYSTEM's VLUE position worth?

Accepted Answer

As of 2026-Q2, STATE OF MICHIGAN RETIREMENT SYSTEM's VLUE position is worth $43.6M.

Question 3

Is STATE OF MICHIGAN RETIREMENT SYSTEM buying or selling VLUE?

Accepted Answer

In 2026-Q2, STATE OF MICHIGAN RETIREMENT SYSTEM decreased their VLUE position (-22.0% change in shares).

Question 4

When did STATE OF MICHIGAN RETIREMENT SYSTEM first buy VLUE?

Accepted Answer

Based on available 13F filings, STATE OF MICHIGAN RETIREMENT SYSTEM first reported a position in VLUE in 2020-Q3. They have held the position across 24 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Decreased	218,300	-22.0%	$43.6M	0.2%	$199.81	0
2026-Q1	Decreased	279,800	-37.5%	$39.8M	0.2%	$147.10	0
2025-Q4	Decreased	447,700	-16.3%	$61.2M	0.3%	$137.97	0
2025-Q3	Decreased	535,000	-5.6%	$66.9M	0.3%	$124.11	0
2025-Q2	Increased	566,800	+27.1%	$64.2M	0.3%	$111.32	44
2025-Q1	Increased	445,900	+5.8%	$47.6M	0.3%	$103.93	37
2024-Q4	Increased	421,400	+6.0%	$44.5M	0.2%	$102.75	37
2024-Q3	Decreased	397,500	-0.2%	$43.3M	0.2%	$105.72	0
2024-Q2	Decreased	398,200	-12.8%	$41.2M	0.2%	$99.49	0
2024-Q1	Increased	456,400	+41.1%	$49.4M	0.3%	$103.56	47
2023-Q4	Increased	323,500	+9.7%	$32.7M	0.2%	$96.10	38
2023-Q3	Decreased	294,800	-22.9%	$26.7M	0.2%	$85.62	0
2023-Q2	Decreased	382,450	-7.3%	$35.9M	0.2%	$87.31	0
2023-Q1	Decreased	412,550	-10.0%	$38.2M	0.3%	$85.14	0
2022-Q4	Increased	458,350	+4.1%	$41.8M	0.3%	$84.10	36
2022-Q3	Increased	440,300	+25.6%	$36M	0.3%	$75.84	43
2022-Q2	Increased	350,650	+168.1%	$31.7M	0.2%	$82.84	56
2022-Q1	Decreased	130,800	-54.8%	$13.7M	0.1%	$96.18	0
2021-Q4	Decreased	289,650	-84.0%	$31.7M	0.2%	$98.09	0
2021-Q3	Increased	1.8M	+1670.4%	$182.7M	1.0%	$90.96	77
2021-Q2	Increased	102,500	+1008.1%	$10.8M	0.1%	$92.43	45
2021-Q1	Decreased	9,250	-91.7%	$948,000	0.0%	$90.28	0
2020-Q4	Increased	111,550	+329.0%	$9.7M	0.1%	$75.29	45
2020-Q3	New	26,000	-	$1.9M	0.0%	$63.77	36

VLUE24 quarters

VLUE
24 quarters