ALASKA AIR GROUP INC

Ticker: ALK CUSIP: 011659109 Class: COM

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

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

Q2 2020

Shares 9,550 Value ($000) $346 Avg Close $32.56 Range $23.39 - $50.81

Q1 2020

Shares 11,280 Value ($000) $321 Avg Close $54.20 Range $20.02 - $68.40

Q4 2019

Shares 11,280 Value ($000) $764 Avg Close $67.73 Range $60.50 - $71.46

Q3 2019

Shares 1,730 Value ($000) $112 Avg Close $62.15 Range $56.52 - $65.82

Q2 2019

Shares 1,660 Value ($000) $106 Avg Close $59.66 Range $54.88 - $62.96

Q1 2019

Shares 1,660 Value ($000) $93 Avg Close $59.56 Range $52.22 - $65.81

Q4 2018

Shares 3,190 Value ($000) $194 Avg Close $62.77 Range $55.87 - $72.81

Q2 2018

Shares 7,380 Value ($000) $446 Avg Close $59.49 Range $55.20 - $67.33

Q1 2018

Shares 3,190 Value ($000) $198 Avg Close $63.43 Range $56.51 - $71.97

Q4 2017

Shares 3,190 Value ($000) $234 Avg Close $67.65 Range $58.01 - $78.50

Q3 2017

Shares 3,190 Value ($000) $243 Avg Close $77.46 Range $67.57 - $90.57

Q2 2017

Shares 3,920 Value ($000) $352 Avg Close $82.77 Range $77.31 - $88.12

Q1 2017

Shares 3,920 Value ($000) $362 Avg Close $89.03 Range $81.01 - $95.59

Q4 2016

Shares 3,920 Value ($000) $348 Avg Close $73.89 Range $61.40 - $86.33

Q3 2016

Shares 3,900 Value ($000) $257 Avg Close $61.44 Range $52.62 - $67.05

Q2 2016

Shares 3,880 Value ($000) $226 Avg Close $64.23 Range $50.81 - $77.28

Q1 2016

Shares 41,570 Value ($000) $3,410 Avg Close $68.47 Range $56.94 - $77.12

Q4 2015

Shares 40,760 Value ($000) $3,282 Avg Close $73.15 Range $67.22 - $80.60

Q3 2015

Shares 41,790 Value ($000) $3,320 Avg Close $70.36 Range $54.34 - $76.34

Q2 2015

Shares 41,320 Value ($000) $2,662 Avg Close $59.18 Range $53.49 - $62.99

Q1 2015

Shares 39,800 Value ($000) $2,634 Avg Close $59.43 Range $52.76 - $65.28

Q4 2014

Shares 43,810 Value ($000) $2,618 Avg Close $48.12 Range $37.12 - $55.72

Q3 2014

Shares 39,000 Value ($000) $1,698 Avg Close $42.26 Range $38.06 - $45.61

Q2 2014

Shares 19,200 Value ($000) $1,825 Avg Close $43.26 Range $39.84 - $45.93

Q1 2014

Shares 19,200 Value ($000) $1,792 Avg Close $37.56 Range $32.81 - $42.62

Q4 2013

Shares 19,100 Value ($000) $1,401 Avg Close $32.10 Range $27.18 - $35.52

Q3 2013

Shares 11,600 Value ($000) $726 Avg Close $26.91 Range $23.00 - $29.20

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	9,550	$346	$32.56	$23.39 - $50.81
Q1 2020	11,280	$321	$54.20	$20.02 - $68.40
Q4 2019	11,280	$764	$67.73	$60.50 - $71.46
Q3 2019	1,730	$112	$62.15	$56.52 - $65.82
Q2 2019	1,660	$106	$59.66	$54.88 - $62.96
Q1 2019	1,660	$93	$59.56	$52.22 - $65.81
Q4 2018	3,190	$194	$62.77	$55.87 - $72.81
Q2 2018	7,380	$446	$59.49	$55.20 - $67.33
Q1 2018	3,190	$198	$63.43	$56.51 - $71.97
Q4 2017	3,190	$234	$67.65	$58.01 - $78.50
Q3 2017	3,190	$243	$77.46	$67.57 - $90.57
Q2 2017	3,920	$352	$82.77	$77.31 - $88.12
Q1 2017	3,920	$362	$89.03	$81.01 - $95.59
Q4 2016	3,920	$348	$73.89	$61.40 - $86.33
Q3 2016	3,900	$257	$61.44	$52.62 - $67.05
Q2 2016	3,880	$226	$64.23	$50.81 - $77.28
Q1 2016	41,570	$3,410	$68.47	$56.94 - $77.12
Q4 2015	40,760	$3,282	$73.15	$67.22 - $80.60
Q3 2015	41,790	$3,320	$70.36	$54.34 - $76.34
Q2 2015	41,320	$2,662	$59.18	$53.49 - $62.99
Q1 2015	39,800	$2,634	$59.43	$52.76 - $65.28
Q4 2014	43,810	$2,618	$48.12	$37.12 - $55.72
Q3 2014	39,000	$1,698	$42.26	$38.06 - $45.61
Q2 2014	19,200	$1,825	$43.26	$39.84 - $45.93
Q1 2014	19,200	$1,792	$37.56	$32.81 - $42.62
Q4 2013	19,100	$1,401	$32.10	$27.18 - $35.52
Q3 2013	11,600	$726	$26.91	$23.00 - $29.20