ALAMO GROUP INC

Ticker: ALG CUSIP: 011311107 Class: Common Stock

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

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

Q1 2020

Shares 13,560 Value ($000) $1,204 Avg Close $111.55 Range $68.78 - $128.82

Q4 2019

Shares 13,530 Value ($000) $1,699 Avg Close $113.18 Range $100.03 - $125.76

Q3 2019

Shares 13,460 Value ($000) $1,584 Avg Close $104.54 Range $89.89 - $120.55

Q2 2019

Shares 14,480 Value ($000) $1,447 Avg Close $96.34 Range $89.27 - $102.54

Q1 2019

Shares 12,330 Value ($000) $1,232 Avg Close $86.94 Range $71.81 - $97.97

Q4 2018

Shares 12,290 Value ($000) $950 Avg Close $80.21 Range $69.82 - $90.00

Q2 2018

Shares 9,900 Value ($000) $894 Avg Close $97.45 Range $85.06 - $114.47

Q1 2018

Shares 11,030 Value ($000) $1,213 Avg Close $108.63 Range $98.49 - $115.73

Q4 2017

Shares 10,820 Value ($000) $1,221 Avg Close $107.15 Range $100.44 - $114.65

Q3 2017

Shares 12,760 Value ($000) $1,370 Avg Close $89.66 Range $82.77 - $103.22

Q2 2017

Shares 11,440 Value ($000) $1,039 Avg Close $79.72 Range $68.58 - $89.35

Q1 2017

Shares 14,230 Value ($000) $1,085 Avg Close $72.95 Range $67.40 - $75.96

Q4 2016

Shares 14,230 Value ($000) $1,083 Avg Close $66.96 Range $55.64 - $75.31

Q3 2016

Shares 2,080 Value ($000) $137 Avg Close $62.05 Range $58.60 - $64.85

Q2 2016

Shares 1,940 Value ($000) $128 Avg Close $55.72 Range $50.27 - $62.83

Q1 2016

Shares 11,300 Value ($000) $630 Avg Close $50.44 Range $45.86 - $58.74

Q4 2015

Shares 11,400 Value ($000) $594 Avg Close $48.77 Range $41.71 - $54.55

Q3 2015

Shares 11,400 Value ($000) $533 Avg Close $47.77 Range $42.11 - $52.11

Q3 2014

Shares 9,200 Value ($000) $377 Avg Close $45.24 Range $38.34 - $52.47

Q2 2014

Shares 9,200 Value ($000) $498 Avg Close $50.32 Range $46.51 - $54.37

Q1 2014

Shares 9,200 Value ($000) $500 Avg Close $50.61 Range $43.99 - $56.92

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	13,560	$1,204	$111.55	$68.78 - $128.82
Q4 2019	13,530	$1,699	$113.18	$100.03 - $125.76
Q3 2019	13,460	$1,584	$104.54	$89.89 - $120.55
Q2 2019	14,480	$1,447	$96.34	$89.27 - $102.54
Q1 2019	12,330	$1,232	$86.94	$71.81 - $97.97
Q4 2018	12,290	$950	$80.21	$69.82 - $90.00
Q2 2018	9,900	$894	$97.45	$85.06 - $114.47
Q1 2018	11,030	$1,213	$108.63	$98.49 - $115.73
Q4 2017	10,820	$1,221	$107.15	$100.44 - $114.65
Q3 2017	12,760	$1,370	$89.66	$82.77 - $103.22
Q2 2017	11,440	$1,039	$79.72	$68.58 - $89.35
Q1 2017	14,230	$1,085	$72.95	$67.40 - $75.96
Q4 2016	14,230	$1,083	$66.96	$55.64 - $75.31
Q3 2016	2,080	$137	$62.05	$58.60 - $64.85
Q2 2016	1,940	$128	$55.72	$50.27 - $62.83
Q1 2016	11,300	$630	$50.44	$45.86 - $58.74
Q4 2015	11,400	$594	$48.77	$41.71 - $54.55
Q3 2015	11,400	$533	$47.77	$42.11 - $52.11
Q3 2014	9,200	$377	$45.24	$38.34 - $52.47
Q2 2014	9,200	$498	$50.32	$46.51 - $54.37
Q1 2014	9,200	$500	$50.61	$43.99 - $56.92