CUMMINS INC

Ticker: CMI CUSIP: 231021106 Class: COM

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

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

Q1 2020

Shares 9,620 Value ($000) $1,302 Avg Close $134.72 Range $87.69 - $155.77

Q4 2019

Shares 9,620 Value ($000) $1,722 Avg Close $151.07 Range $129.24 - $160.06

Q3 2019

Shares 10,030 Value ($000) $1,631 Avg Close $136.12 Range $120.68 - $149.09

Q2 2019

Shares 9,990 Value ($000) $1,712 Avg Close $138.18 Range $127.54 - $145.64

Q1 2019

Shares 7,780 Value ($000) $1,228 Avg Close $125.76 Range $108.63 - $136.63

Q4 2018

Shares 9,860 Value ($000) $1,318 Avg Close $117.48 Range $103.38 - $130.74

Q2 2018

Shares 8,650 Value ($000) $1,150 Avg Close $122.60 Range $108.21 - $140.47

Q1 2018

Shares 8,880 Value ($000) $1,440 Avg Close $139.76 Range $126.19 - $157.48

Q4 2017

Shares 8,880 Value ($000) $1,569 Avg Close $138.21 Range $128.75 - $146.48

Q3 2017

Shares 8,290 Value ($000) $1,393 Avg Close $129.94 Range $121.07 - $136.57

Q2 2017

Shares 9,170 Value ($000) $1,488 Avg Close $123.78 Range $114.34 - $131.41

Q1 2017

Shares 7,500 Value ($000) $1,134 Avg Close $117.25 Range $105.87 - $123.63

Q4 2016

Shares 7,500 Value ($000) $1,026 Avg Close $105.31 Range $95.01 - $116.16

Q3 2016

Shares 8,610 Value ($000) $1,103 Avg Close $94.73 Range $83.58 - $100.79

Q2 2016

Shares 8,600 Value ($000) $967 Avg Close $87.68 Range $80.39 - $93.22

Q1 2016

Shares 7,130 Value ($000) $784 Avg Close $74.19 Range $60.97 - $85.78

Q4 2015

Shares 7,160 Value ($000) $630 Avg Close $75.80 Range $64.87 - $87.18

Q3 2015

Shares 7,140 Value ($000) $775 Avg Close $92.93 Range $80.62 - $99.45

Q2 2015

Shares 5,000 Value ($000) $656 Avg Close $102.82 Range $98.06 - $106.94

Q1 2015

Shares 5,000 Value ($000) $693 Avg Close $104.83 Range $98.99 - $109.77

Q4 2014

Shares 5,900 Value ($000) $851 Avg Close $104.58 Range $91.67 - $112.16

Q3 2014

Shares 5,900 Value ($000) $779 Avg Close $106.06 Range $96.79 - $116.08

Q2 2014

Shares 5,900 Value ($000) $910 Avg Close $110.72 Range $101.54 - $118.12

Q1 2014

Shares 5,900 Value ($000) $879 Avg Close $101.29 Range $89.19 - $109.81

Q4 2013

Shares 5,900 Value ($000) $832 Avg Close $96.30 Range $88.68 - $102.83

Q3 2013

Shares 5,900 Value ($000) $784 Avg Close $89.10 Range $77.42 - $98.80

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	9,620	$1,302	$134.72	$87.69 - $155.77
Q4 2019	9,620	$1,722	$151.07	$129.24 - $160.06
Q3 2019	10,030	$1,631	$136.12	$120.68 - $149.09
Q2 2019	9,990	$1,712	$138.18	$127.54 - $145.64
Q1 2019	7,780	$1,228	$125.76	$108.63 - $136.63
Q4 2018	9,860	$1,318	$117.48	$103.38 - $130.74
Q2 2018	8,650	$1,150	$122.60	$108.21 - $140.47
Q1 2018	8,880	$1,440	$139.76	$126.19 - $157.48
Q4 2017	8,880	$1,569	$138.21	$128.75 - $146.48
Q3 2017	8,290	$1,393	$129.94	$121.07 - $136.57
Q2 2017	9,170	$1,488	$123.78	$114.34 - $131.41
Q1 2017	7,500	$1,134	$117.25	$105.87 - $123.63
Q4 2016	7,500	$1,026	$105.31	$95.01 - $116.16
Q3 2016	8,610	$1,103	$94.73	$83.58 - $100.79
Q2 2016	8,600	$967	$87.68	$80.39 - $93.22
Q1 2016	7,130	$784	$74.19	$60.97 - $85.78
Q4 2015	7,160	$630	$75.80	$64.87 - $87.18
Q3 2015	7,140	$775	$92.93	$80.62 - $99.45
Q2 2015	5,000	$656	$102.82	$98.06 - $106.94
Q1 2015	5,000	$693	$104.83	$98.99 - $109.77
Q4 2014	5,900	$851	$104.58	$91.67 - $112.16
Q3 2014	5,900	$779	$106.06	$96.79 - $116.08
Q2 2014	5,900	$910	$110.72	$101.54 - $118.12
Q1 2014	5,900	$879	$101.29	$89.19 - $109.81
Q4 2013	5,900	$832	$96.30	$88.68 - $102.83
Q3 2013	5,900	$784	$89.10	$77.42 - $98.80