BERKLEY W R CORP

Ticker: WRB CUSIP: 084423102 Class: COM

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

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

Q1 2020

Shares 2,060 Value ($000) $107 Avg Close $26.24 Range $16.88 - $31.29

Q4 2019

Shares 2,060 Value ($000) $142 Avg Close $26.99 Range $26.07 - $29.98

Q3 2019

Shares 26,545 Value ($000) $1,917 Avg Close $27.14 Range $25.23 - $28.29

Q2 2019

Shares 26,735 Value ($000) $1,763 Avg Close $23.59 Range $21.25 - $26.10

Q1 2019

Shares 17,590 Value ($000) $1,490 Avg Close $20.26 Range $18.10 - $21.71

Q4 2018

Shares 23,130 Value ($000) $1,710 Avg Close $19.20 Range $17.53 - $20.30

Q2 2018

Shares 22,530 Value ($000) $1,631 Avg Close $18.67 Range $17.54 - $19.80

Q1 2018

Shares 29,830 Value ($000) $2,169 Avg Close $17.46 Range $16.63 - $18.44

Q4 2017

Shares 28,980 Value ($000) $2,076 Avg Close $16.98 Range $16.18 - $17.82

Q3 2017

Shares 28,980 Value ($000) $1,934 Avg Close $16.55 Range $15.18 - $17.71

Q2 2017

Shares 37,440 Value ($000) $2,590 Avg Close $16.61 Range $15.94 - $17.28

Q1 2017

Shares 45,000 Value ($000) $3,178 Avg Close $16.83 Range $15.96 - $17.75

Q4 2016

Shares 44,870 Value ($000) $2,984 Avg Close $14.61 Range $13.31 - $16.21

Q3 2016

Shares 44,050 Value ($000) $2,544 Avg Close $13.86 Range $13.40 - $14.24

Q2 2016

Shares 43,430 Value ($000) $2,608 Avg Close $13.28 Range $12.90 - $14.20

Q1 2016

Shares 32,680 Value ($000) $1,841 Avg Close $12.24 Range $11.21 - $13.36

Q4 2015

Shares 31,590 Value ($000) $1,730 Avg Close $12.98 Range $12.35 - $13.48

Q3 2015

Shares 31,850 Value ($000) $1,736 Avg Close $12.99 Range $12.19 - $13.73

Q2 2015

Shares 31,770 Value ($000) $1,650 Avg Close $11.79 Range $11.41 - $12.54

Q1 2015

Shares 30,800 Value ($000) $1,559 Avg Close $11.73 Range $11.09 - $12.13

Q4 2014

Shares 33,150 Value ($000) $1,699 Avg Close $11.66 Range $10.70 - $12.41

Q3 2014

Shares 29,300 Value ($000) $1,404 Avg Close $10.69 Range $10.11 - $11.18

Q2 2014

Shares 30,300 Value ($000) $1,407 Avg Close $9.99 Range $9.23 - $10.58

Q1 2014

Shares 30,300 Value ($000) $1,261 Avg Close $9.26 Range $8.59 - $9.84

Q4 2013

Shares 30,000 Value ($000) $1,302 Avg Close $9.82 Range $9.49 - $10.19

Q3 2013

Shares 18,100 Value ($000) $776 Avg Close $9.57 Range $9.16 - $10.14

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	2,060	$107	$26.24	$16.88 - $31.29
Q4 2019	2,060	$142	$26.99	$26.07 - $29.98
Q3 2019	26,545	$1,917	$27.14	$25.23 - $28.29
Q2 2019	26,735	$1,763	$23.59	$21.25 - $26.10
Q1 2019	17,590	$1,490	$20.26	$18.10 - $21.71
Q4 2018	23,130	$1,710	$19.20	$17.53 - $20.30
Q2 2018	22,530	$1,631	$18.67	$17.54 - $19.80
Q1 2018	29,830	$2,169	$17.46	$16.63 - $18.44
Q4 2017	28,980	$2,076	$16.98	$16.18 - $17.82
Q3 2017	28,980	$1,934	$16.55	$15.18 - $17.71
Q2 2017	37,440	$2,590	$16.61	$15.94 - $17.28
Q1 2017	45,000	$3,178	$16.83	$15.96 - $17.75
Q4 2016	44,870	$2,984	$14.61	$13.31 - $16.21
Q3 2016	44,050	$2,544	$13.86	$13.40 - $14.24
Q2 2016	43,430	$2,608	$13.28	$12.90 - $14.20
Q1 2016	32,680	$1,841	$12.24	$11.21 - $13.36
Q4 2015	31,590	$1,730	$12.98	$12.35 - $13.48
Q3 2015	31,850	$1,736	$12.99	$12.19 - $13.73
Q2 2015	31,770	$1,650	$11.79	$11.41 - $12.54
Q1 2015	30,800	$1,559	$11.73	$11.09 - $12.13
Q4 2014	33,150	$1,699	$11.66	$10.70 - $12.41
Q3 2014	29,300	$1,404	$10.69	$10.11 - $11.18
Q2 2014	30,300	$1,407	$9.99	$9.23 - $10.58
Q1 2014	30,300	$1,261	$9.26	$8.59 - $9.84
Q4 2013	30,000	$1,302	$9.82	$9.49 - $10.19
Q3 2013	18,100	$776	$9.57	$9.16 - $10.14