CATERPILLAR INC

Ticker: CAT CUSIP: 149123101 Class: COM

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

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

Q4 2025

Shares 130,472 Value ($000) $74,743 Avg Close $555.50 Range $469.79 - $627.50

Q3 2025

Shares 133,872 Value ($000) $63,877 Avg Close $425.39 Range $381.75 - $483.95

Q2 2025

Shares 135,072 Value ($000) $52,436 Avg Close $330.84 Range $264.29 - $386.62

Q1 2025

Shares 137,672 Value ($000) $45,404 Avg Close $351.95 Range $315.09 - $404.98

Q4 2024

Shares 139,072 Value ($000) $50,450 Avg Close $381.74 Range $351.93 - $412.27

Q3 2024

Shares 141,072 Value ($000) $55,176 Avg Close $338.69 Range $301.40 - $389.91

Q2 2024

Shares 142,972 Value ($000) $47,624 Avg Close $338.69 Range $308.78 - $372.10

Q1 2024

Shares 139,472 Value ($000) $51,107 Avg Close $311.07 Range $268.51 - $357.70

Q4 2023

Shares 139,672 Value ($000) $41,297 Avg Close $251.22 Range $216.95 - $290.10

Q3 2023

Shares 139,872 Value ($000) $38,185 Avg Close $261.47 Range $229.25 - $283.47

Q2 2023

Shares 141,672 Value ($000) $34,858 Avg Close $213.76 Range $195.84 - $240.81

Q1 2023

Shares 142,872 Value ($000) $32,695 Avg Close $230.59 Range $201.84 - $253.98

Q4 2022

Shares 141,472 Value ($000) $33,891 Avg Close $206.59 Range $156.72 - $232.83

Q3 2022

Shares 142,872 Value ($000) $23,442 Avg Close $172.21 Range $151.58 - $189.11

Q2 2022

Shares 143,872 Value ($000) $25,719 Avg Close $197.29 Range $164.98 - $221.91

Q1 2022

Shares 136,472 Value ($000) $30,409 Avg Close $195.46 Range $167.60 - $214.37

Q4 2021

Shares 136,176 Value ($000) $28,153 Avg Close $186.69 Range $173.30 - $200.95

Q3 2021

Shares 137,476 Value ($000) $26,391 Avg Close $192.08 Range $172.62 - $206.58

Q2 2021

Shares 137,676 Value ($000) $29,962 Avg Close $211.85 Range $188.71 - $226.53

Q1 2021

Shares 136,876 Value ($000) $31,737 Avg Close $189.09 Range $163.90 - $217.37

Q4 2020

Shares 136,576 Value ($000) $24,860 Avg Close $153.98 Range $129.92 - $167.14

Q3 2020

Shares 138,176 Value ($000) $20,609 Avg Close $126.81 Range $112.24 - $141.22

Q2 2020

Shares 138,276 Value ($000) $17,492 Avg Close $106.19 Range $89.90 - $125.54

Q1 2020

Shares 126,666 Value ($000) $14,698 Avg Close $113.38 Range $77.78 - $132.89

Q4 2019

Shares 133,666 Value ($000) $19,740 Avg Close $123.01 Range $102.69 - $131.46

Q3 2019

Shares 135,266 Value ($000) $17,085 Avg Close $111.09 Range $97.87 - $122.22

Q2 2019

Shares 136,866 Value ($000) $18,653 Avg Close $114.70 Range $103.20 - $125.83

Q1 2019

Shares 165,866 Value ($000) $22,473 Avg Close $114.61 Range $103.38 - $123.15

Q4 2018

Shares 168,966 Value ($000) $21,471 Avg Close $111.50 Range $96.19 - $135.93

Q3 2018

Shares 177,066 Value ($000) $27,001 Avg Close $120.51 Range $110.40 - $134.53

Q2 2018

Shares 177,066 Value ($000) $24,023 Avg Close $126.53 Range $112.48 - $137.00

Q1 2018

Shares 175,966 Value ($000) $25,934 Avg Close $133.07 Range $120.49 - $146.01

Q4 2017

Shares 174,366 Value ($000) $27,477 Avg Close $116.31 Range $103.45 - $133.20

Q3 2017

Shares 179,366 Value ($000) $22,369 Avg Close $96.02 Range $87.71 - $104.79

Q2 2017

Shares 193,666 Value ($000) $20,811 Avg Close $84.05 Range $74.79 - $89.64

Q1 2017

Shares 192,666 Value ($000) $17,872 Avg Close $77.69 Range $74.24 - $81.74

Q4 2016

Shares 191,366 Value ($000) $17,747 Avg Close $73.74 Range $65.47 - $79.39

Q3 2016

Shares 203,854 Value ($000) $18,096 Avg Close $66.01 Range $58.78 - $71.89

Q2 2016

Shares 202,854 Value ($000) $15,378 Avg Close $59.82 Range $55.25 - $64.10

Q1 2016

Shares 200,454 Value ($000) $15,343 Avg Close $53.06 Range $44.66 - $61.22

Q4 2015

Shares 199,154 Value ($000) $13,535 Avg Close $54.58 Range $48.84 - $59.43

Q3 2015

Shares 217,654 Value ($000) $14,226 Avg Close $59.11 Range $48.76 - $65.71

Q2 2015

Shares 234,154 Value ($000) $19,861 Avg Close $65.86 Range $60.39 - $68.73

Q1 2015

Shares 233,854 Value ($000) $18,715 Avg Close $63.13 Range $59.48 - $69.69

Q4 2014

Shares 249,354 Value ($000) $22,823 Avg Close $73.34 Range $66.42 - $80.82

Q3 2014

Shares 257,354 Value ($000) $25,486 Avg Close $79.29 Range $73.57 - $83.32

Q2 2014

Shares 255,754 Value ($000) $27,793 Avg Close $78.02 Range $73.19 - $81.73

Q1 2014

Shares 260,354 Value ($000) $25,871 Avg Close $69.69 Range $63.53 - $74.44

Q4 2013

Shares 258,654 Value ($000) $23,488 Avg Close $62.67 Range $60.17 - $67.37

Q3 2013

Shares 258,754 Value ($000) $21,572 Avg Close $61.64 Range $58.99 - $64.50

Q2 2013

Shares 267,054 Value ($000) $22,029 Avg Close $61.55 Range $57.61 - $65.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	130,472	$74,743	$555.50	$469.79 - $627.50
Q3 2025	133,872	$63,877	$425.39	$381.75 - $483.95
Q2 2025	135,072	$52,436	$330.84	$264.29 - $386.62
Q1 2025	137,672	$45,404	$351.95	$315.09 - $404.98
Q4 2024	139,072	$50,450	$381.74	$351.93 - $412.27
Q3 2024	141,072	$55,176	$338.69	$301.40 - $389.91
Q2 2024	142,972	$47,624	$338.69	$308.78 - $372.10
Q1 2024	139,472	$51,107	$311.07	$268.51 - $357.70
Q4 2023	139,672	$41,297	$251.22	$216.95 - $290.10
Q3 2023	139,872	$38,185	$261.47	$229.25 - $283.47
Q2 2023	141,672	$34,858	$213.76	$195.84 - $240.81
Q1 2023	142,872	$32,695	$230.59	$201.84 - $253.98
Q4 2022	141,472	$33,891	$206.59	$156.72 - $232.83
Q3 2022	142,872	$23,442	$172.21	$151.58 - $189.11
Q2 2022	143,872	$25,719	$197.29	$164.98 - $221.91
Q1 2022	136,472	$30,409	$195.46	$167.60 - $214.37
Q4 2021	136,176	$28,153	$186.69	$173.30 - $200.95
Q3 2021	137,476	$26,391	$192.08	$172.62 - $206.58
Q2 2021	137,676	$29,962	$211.85	$188.71 - $226.53
Q1 2021	136,876	$31,737	$189.09	$163.90 - $217.37
Q4 2020	136,576	$24,860	$153.98	$129.92 - $167.14
Q3 2020	138,176	$20,609	$126.81	$112.24 - $141.22
Q2 2020	138,276	$17,492	$106.19	$89.90 - $125.54
Q1 2020	126,666	$14,698	$113.38	$77.78 - $132.89
Q4 2019	133,666	$19,740	$123.01	$102.69 - $131.46
Q3 2019	135,266	$17,085	$111.09	$97.87 - $122.22
Q2 2019	136,866	$18,653	$114.70	$103.20 - $125.83
Q1 2019	165,866	$22,473	$114.61	$103.38 - $123.15
Q4 2018	168,966	$21,471	$111.50	$96.19 - $135.93
Q3 2018	177,066	$27,001	$120.51	$110.40 - $134.53
Q2 2018	177,066	$24,023	$126.53	$112.48 - $137.00
Q1 2018	175,966	$25,934	$133.07	$120.49 - $146.01
Q4 2017	174,366	$27,477	$116.31	$103.45 - $133.20
Q3 2017	179,366	$22,369	$96.02	$87.71 - $104.79
Q2 2017	193,666	$20,811	$84.05	$74.79 - $89.64
Q1 2017	192,666	$17,872	$77.69	$74.24 - $81.74
Q4 2016	191,366	$17,747	$73.74	$65.47 - $79.39
Q3 2016	203,854	$18,096	$66.01	$58.78 - $71.89
Q2 2016	202,854	$15,378	$59.82	$55.25 - $64.10
Q1 2016	200,454	$15,343	$53.06	$44.66 - $61.22
Q4 2015	199,154	$13,535	$54.58	$48.84 - $59.43
Q3 2015	217,654	$14,226	$59.11	$48.76 - $65.71
Q2 2015	234,154	$19,861	$65.86	$60.39 - $68.73
Q1 2015	233,854	$18,715	$63.13	$59.48 - $69.69
Q4 2014	249,354	$22,823	$73.34	$66.42 - $80.82
Q3 2014	257,354	$25,486	$79.29	$73.57 - $83.32
Q2 2014	255,754	$27,793	$78.02	$73.19 - $81.73
Q1 2014	260,354	$25,871	$69.69	$63.53 - $74.44
Q4 2013	258,654	$23,488	$62.67	$60.17 - $67.37
Q3 2013	258,754	$21,572	$61.64	$58.99 - $64.50
Q2 2013	267,054	$22,029	$61.55	$57.61 - $65.73