CF INDS HLDGS INC

Ticker: CF CUSIP: 125269100 Class: COM

STATE OF MICHIGAN RETIREMENT SYSTEM's Holding History (CIK: 0000762152)

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

Q4 2025

Shares 44,054 Value ($000) $3,407 Avg Close $81.93 Range $75.42 - $91.96

Q3 2025

Shares 47,854 Value ($000) $4,293 Avg Close $88.36 Range $78.70 - $98.22

Q2 2025

Shares 48,054 Value ($000) $4,421 Avg Close $83.96 Range $66.16 - $103.22

Q1 2025

Shares 51,754 Value ($000) $4,045 Avg Close $82.15 Range $72.41 - $95.94

Q4 2024

Shares 51,754 Value ($000) $4,416 Avg Close $84.24 Range $78.38 - $92.24

Q3 2024

Shares 53,354 Value ($000) $4,578 Avg Close $74.85 Range $66.69 - $84.17

Q2 2024

Shares 54,254 Value ($000) $4,021 Avg Close $74.64 Range $69.91 - $82.67

Q1 2024

Shares 59,554 Value ($000) $4,955 Avg Close $76.19 Range $70.12 - $83.41

Q4 2023

Shares 59,554 Value ($000) $4,735 Avg Close $75.56 Range $69.31 - $83.19

Q3 2023

Shares 69,054 Value ($000) $5,921 Avg Close $74.67 Range $64.06 - $83.26

Q2 2023

Shares 73,454 Value ($000) $5,099 Avg Close $65.55 Range $56.63 - $73.70

Q1 2023

Shares 69,054 Value ($000) $5,006 Avg Close $76.41 Range $63.66 - $85.08

Q4 2022

Shares 68,554 Value ($000) $5,841 Avg Close $94.52 Range $78.78 - $104.45

Q3 2022

Shares 57,554 Value ($000) $5,540 Avg Close $90.50 Range $73.27 - $111.10

Q2 2022

Shares 59,854 Value ($000) $5,131 Avg Close $89.74 Range $74.35 - $104.59

Q1 2022

Shares 54,154 Value ($000) $5,581 Avg Close $74.27 Range $57.92 - $101.19

Q4 2021

Shares 54,012 Value ($000) $3,823 Avg Close $57.35 Range $50.52 - $68.64

Q3 2021

Shares 54,012 Value ($000) $3,015 Avg Close $43.73 Range $39.46 - $52.17

Q2 2021

Shares 53,912 Value ($000) $2,774 Avg Close $46.03 Range $40.02 - $51.93

Q1 2021

Shares 53,712 Value ($000) $2,437 Avg Close $40.67 Range $34.13 - $46.27

Q4 2020

Shares 53,812 Value ($000) $2,083 Avg Close $29.47 Range $22.46 - $35.92

Q3 2020

Shares 54,612 Value ($000) $1,677 Avg Close $28.19 Range $23.40 - $31.79

Q2 2020

Shares 54,612 Value ($000) $1,537 Avg Close $24.90 Range $20.29 - $29.97

Q1 2020

Shares 49,925 Value ($000) $1,358 Avg Close $32.16 Range $17.15 - $41.60

Q4 2019

Shares 52,625 Value ($000) $2,512 Avg Close $40.27 Range $37.15 - $43.79

Q3 2019

Shares 52,525 Value ($000) $2,584 Avg Close $41.45 Range $37.34 - $47.01

Q2 2019

Shares 52,925 Value ($000) $2,472 Avg Close $36.85 Range $33.39 - $40.84

Q1 2019

Shares 64,225 Value ($000) $2,626 Avg Close $35.76 Range $32.91 - $39.07

Q4 2018

Shares 66,025 Value ($000) $2,873 Avg Close $39.27 Range $33.60 - $47.19

Q3 2018

Shares 69,525 Value ($000) $3,785 Avg Close $40.15 Range $34.43 - $46.32

Q2 2018

Shares 69,125 Value ($000) $3,069 Avg Close $33.72 Range $29.40 - $38.34

Q1 2018

Shares 68,625 Value ($000) $2,589 Avg Close $33.41 Range $29.34 - $37.06

Q4 2017

Shares 68,325 Value ($000) $2,907 Avg Close $30.73 Range $27.38 - $35.49

Q3 2017

Shares 70,825 Value ($000) $2,490 Avg Close $24.93 Range $21.89 - $29.60

Q2 2017

Shares 76,625 Value ($000) $2,142 Avg Close $22.01 Range $19.89 - $23.88

Q1 2017

Shares 76,525 Value ($000) $2,246 Avg Close $25.79 Range $22.51 - $29.27

Q4 2016

Shares 76,225 Value ($000) $2,400 Avg Close $21.09 Range $17.13 - $25.68

Q3 2016

Shares 81,365 Value ($000) $1,981 Avg Close $18.89 Range $15.95 - $21.75

Q2 2016

Shares 80,965 Value ($000) $1,951 Avg Close $22.68 Range $17.78 - $27.25

Q1 2016

Shares 80,265 Value ($000) $2,516 Avg Close $24.71 Range $19.63 - $30.81

Q4 2015

Shares 79,765 Value ($000) $3,255 Avg Close $35.35 Range $29.82 - $40.57

Q3 2015

Shares 84,165 Value ($000) $3,779 Avg Close $43.37 Range $32.80 - $52.29

Q2 2015

Shares 91,165 Value ($000) $5,860 Avg Close $45.17 Range $41.14 - $48.85

Q1 2015

Shares 18,433 Value ($000) $5,229 Avg Close $43.99 Range $40.20 - $46.53

Q4 2014

Shares 20,533 Value ($000) $5,596 Avg Close $38.72 Range $35.06 - $42.50

Q3 2014

Shares 20,333 Value ($000) $5,677 Avg Close $37.05 Range $34.72 - $41.05

Q2 2014

Shares 21,333 Value ($000) $5,131 Avg Close $35.53 Range $33.68 - $38.69

Q1 2014

Shares 22,633 Value ($000) $5,899 Avg Close $35.22 Range $31.77 - $38.81

Q4 2013

Shares 23,333 Value ($000) $5,438 Avg Close $31.49 Range $29.17 - $34.55

Q3 2013

Shares 23,333 Value ($000) $4,919 Avg Close $27.49 Range $24.27 - $31.10

Q2 2013

Shares 24,033 Value ($000) $4,122 Avg Close $26.73 Range $24.39 - $28.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	44,054	$3,407	$81.93	$75.42 - $91.96
Q3 2025	47,854	$4,293	$88.36	$78.70 - $98.22
Q2 2025	48,054	$4,421	$83.96	$66.16 - $103.22
Q1 2025	51,754	$4,045	$82.15	$72.41 - $95.94
Q4 2024	51,754	$4,416	$84.24	$78.38 - $92.24
Q3 2024	53,354	$4,578	$74.85	$66.69 - $84.17
Q2 2024	54,254	$4,021	$74.64	$69.91 - $82.67
Q1 2024	59,554	$4,955	$76.19	$70.12 - $83.41
Q4 2023	59,554	$4,735	$75.56	$69.31 - $83.19
Q3 2023	69,054	$5,921	$74.67	$64.06 - $83.26
Q2 2023	73,454	$5,099	$65.55	$56.63 - $73.70
Q1 2023	69,054	$5,006	$76.41	$63.66 - $85.08
Q4 2022	68,554	$5,841	$94.52	$78.78 - $104.45
Q3 2022	57,554	$5,540	$90.50	$73.27 - $111.10
Q2 2022	59,854	$5,131	$89.74	$74.35 - $104.59
Q1 2022	54,154	$5,581	$74.27	$57.92 - $101.19
Q4 2021	54,012	$3,823	$57.35	$50.52 - $68.64
Q3 2021	54,012	$3,015	$43.73	$39.46 - $52.17
Q2 2021	53,912	$2,774	$46.03	$40.02 - $51.93
Q1 2021	53,712	$2,437	$40.67	$34.13 - $46.27
Q4 2020	53,812	$2,083	$29.47	$22.46 - $35.92
Q3 2020	54,612	$1,677	$28.19	$23.40 - $31.79
Q2 2020	54,612	$1,537	$24.90	$20.29 - $29.97
Q1 2020	49,925	$1,358	$32.16	$17.15 - $41.60
Q4 2019	52,625	$2,512	$40.27	$37.15 - $43.79
Q3 2019	52,525	$2,584	$41.45	$37.34 - $47.01
Q2 2019	52,925	$2,472	$36.85	$33.39 - $40.84
Q1 2019	64,225	$2,626	$35.76	$32.91 - $39.07
Q4 2018	66,025	$2,873	$39.27	$33.60 - $47.19
Q3 2018	69,525	$3,785	$40.15	$34.43 - $46.32
Q2 2018	69,125	$3,069	$33.72	$29.40 - $38.34
Q1 2018	68,625	$2,589	$33.41	$29.34 - $37.06
Q4 2017	68,325	$2,907	$30.73	$27.38 - $35.49
Q3 2017	70,825	$2,490	$24.93	$21.89 - $29.60
Q2 2017	76,625	$2,142	$22.01	$19.89 - $23.88
Q1 2017	76,525	$2,246	$25.79	$22.51 - $29.27
Q4 2016	76,225	$2,400	$21.09	$17.13 - $25.68
Q3 2016	81,365	$1,981	$18.89	$15.95 - $21.75
Q2 2016	80,965	$1,951	$22.68	$17.78 - $27.25
Q1 2016	80,265	$2,516	$24.71	$19.63 - $30.81
Q4 2015	79,765	$3,255	$35.35	$29.82 - $40.57
Q3 2015	84,165	$3,779	$43.37	$32.80 - $52.29
Q2 2015	91,165	$5,860	$45.17	$41.14 - $48.85
Q1 2015	18,433	$5,229	$43.99	$40.20 - $46.53
Q4 2014	20,533	$5,596	$38.72	$35.06 - $42.50
Q3 2014	20,333	$5,677	$37.05	$34.72 - $41.05
Q2 2014	21,333	$5,131	$35.53	$33.68 - $38.69
Q1 2014	22,633	$5,899	$35.22	$31.77 - $38.81
Q4 2013	23,333	$5,438	$31.49	$29.17 - $34.55
Q3 2013	23,333	$4,919	$27.49	$24.27 - $31.10
Q2 2013	24,033	$4,122	$26.73	$24.39 - $28.24