CONSTELLATION BRANDS INC

Ticker: STZ CUSIP: 21036P108 Class: CL A

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

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

Q1 2020

Shares 2,380 Value ($000) $341 Avg Close $160.13 Range $94.80 - $189.59

Q4 2019

Shares 2,380 Value ($000) $452 Avg Close $170.74 Range $157.70 - $190.04

Q3 2019

Shares 2,350 Value ($000) $487 Avg Close $180.85 Range $165.63 - $191.26

Q2 2019

Shares 2,310 Value ($000) $455 Avg Close $175.18 Range $153.92 - $192.05

Q1 2019

Shares 6,010 Value ($000) $1,053 Avg Close $150.53 Range $134.08 - $158.29

Q4 2018

Shares 8,270 Value ($000) $1,330 Avg Close $176.90 Range $139.32 - $203.35

Q2 2018

Shares 4,440 Value ($000) $972 Avg Close $199.66 Range $189.90 - $208.78

Q1 2018

Shares 4,440 Value ($000) $1,012 Avg Close $194.12 Range $180.53 - $204.55

Q4 2017

Shares 4,440 Value ($000) $1,015 Avg Close $190.09 Range $174.24 - $201.93

Q3 2017

Shares 4,440 Value ($000) $886 Avg Close $173.61 Range $167.31 - $180.11

Q2 2017

Shares 5,730 Value ($000) $1,110 Avg Close $155.71 Range $140.17 - $172.88

Q1 2017

Shares 5,730 Value ($000) $929 Avg Close $135.96 Range $125.40 - $144.84

Q4 2016

Shares 5,670 Value ($000) $869 Avg Close $138.20 Range $125.40 - $150.76

Q3 2016

Shares 9,130 Value ($000) $1,520 Avg Close $143.07 Range $139.43 - $146.53

Q2 2016

Shares 9,110 Value ($000) $1,507 Avg Close $135.53 Range $129.31 - $144.03

Q1 2016

Shares 5,400 Value ($000) $816 Avg Close $124.77 Range $112.56 - $134.28

Q4 2015

Shares 5,200 Value ($000) $741 Avg Close $118.66 Range $107.19 - $124.95

Q3 2015

Shares 5,140 Value ($000) $644 Avg Close $106.05 Range $98.43 - $113.76

Q2 2015

Shares 5,000 Value ($000) $580 Avg Close $101.24 Range $98.23 - $104.83

Q1 2015

Shares 4,900 Value ($000) $569 Avg Close $96.33 Range $82.64 - $101.45

Q4 2014

Shares 5,900 Value ($000) $579 Avg Close $78.40 Range $69.09 - $86.27

Q3 2014

Shares 5,900 Value ($000) $514 Avg Close $74.44 Range $70.22 - $81.13

Q2 2014

Shares 5,700 Value ($000) $502 Avg Close $70.65 Range $65.28 - $75.85

Q1 2014

Shares 5,700 Value ($000) $484 Avg Close $68.08 Range $58.68 - $72.94

Q4 2013

Shares 5,100 Value ($000) $359 Avg Close $57.22 Range $48.87 - $61.31

Q3 2013

Shares 5,100 Value ($000) $293 Avg Close $46.60 Range $42.22 - $51.30

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	2,380	$341	$160.13	$94.80 - $189.59
Q4 2019	2,380	$452	$170.74	$157.70 - $190.04
Q3 2019	2,350	$487	$180.85	$165.63 - $191.26
Q2 2019	2,310	$455	$175.18	$153.92 - $192.05
Q1 2019	6,010	$1,053	$150.53	$134.08 - $158.29
Q4 2018	8,270	$1,330	$176.90	$139.32 - $203.35
Q2 2018	4,440	$972	$199.66	$189.90 - $208.78
Q1 2018	4,440	$1,012	$194.12	$180.53 - $204.55
Q4 2017	4,440	$1,015	$190.09	$174.24 - $201.93
Q3 2017	4,440	$886	$173.61	$167.31 - $180.11
Q2 2017	5,730	$1,110	$155.71	$140.17 - $172.88
Q1 2017	5,730	$929	$135.96	$125.40 - $144.84
Q4 2016	5,670	$869	$138.20	$125.40 - $150.76
Q3 2016	9,130	$1,520	$143.07	$139.43 - $146.53
Q2 2016	9,110	$1,507	$135.53	$129.31 - $144.03
Q1 2016	5,400	$816	$124.77	$112.56 - $134.28
Q4 2015	5,200	$741	$118.66	$107.19 - $124.95
Q3 2015	5,140	$644	$106.05	$98.43 - $113.76
Q2 2015	5,000	$580	$101.24	$98.23 - $104.83
Q1 2015	4,900	$569	$96.33	$82.64 - $101.45
Q4 2014	5,900	$579	$78.40	$69.09 - $86.27
Q3 2014	5,900	$514	$74.44	$70.22 - $81.13
Q2 2014	5,700	$502	$70.65	$65.28 - $75.85
Q1 2014	5,700	$484	$68.08	$58.68 - $72.94
Q4 2013	5,100	$359	$57.22	$48.87 - $61.31
Q3 2013	5,100	$293	$46.60	$42.22 - $51.30