FBR & CO

CUSIP: 30247C400 Class: COM NEW

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014
Shares 27,300 Value ($000) $751 Avg Close — Range —
Q2 2014
Shares 27,300 Value ($000) $741 Avg Close — Range —
Q1 2014
Shares 27,300 Value ($000) $705 Avg Close — Range —