D R HORTON INC

Ticker: DHI CUSIP: 23331A109 Class: COM

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

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

Q4 2025

Shares 103,999 Value ($000) $14,979 Avg Close $152.01 Range $134.74 - $175.68

Q3 2025

Shares 108,499 Value ($000) $18,387 Avg Close $156.63 Range $127.27 - $183.98

Q2 2025

Shares 108,699 Value ($000) $14,013 Avg Close $122.31 Range $109.46 - $130.74

Q1 2025

Shares 109,599 Value ($000) $13,933 Avg Close $132.76 Range $123.13 - $152.41

Q4 2024

Shares 111,799 Value ($000) $15,632 Avg Close $164.94 Range $133.41 - $192.74

Q3 2024

Shares 110,099 Value ($000) $21,004 Avg Close $173.17 Range $130.92 - $197.03

Q2 2024

Shares 111,299 Value ($000) $15,685 Avg Close $144.49 Range $135.90 - $162.80

Q1 2024

Shares 116,899 Value ($000) $19,236 Avg Close $147.13 Range $136.08 - $162.26

Q4 2023

Shares 117,599 Value ($000) $17,873 Avg Close $120.55 Range $97.87 - $151.57

Q3 2023

Shares 115,799 Value ($000) $12,445 Avg Close $116.99 Range $104.24 - $129.11

Q2 2023

Shares 124,499 Value ($000) $15,150 Avg Close $106.63 Range $91.74 - $121.06

Q1 2023

Shares 122,299 Value ($000) $11,947 Avg Close $92.76 Range $86.70 - $101.14

Q4 2022

Shares 121,499 Value ($000) $10,830 Avg Close $77.70 Range $63.92 - $89.79

Q3 2022

Shares 137,299 Value ($000) $9,247 Avg Close $71.17 Range $64.44 - $77.85

Q2 2022

Shares 138,199 Value ($000) $9,147 Avg Close $67.77 Range $57.20 - $74.47

Q1 2022

Shares 133,899 Value ($000) $9,977 Avg Close $83.34 Range $71.67 - $104.28

Q4 2021

Shares 134,633 Value ($000) $14,601 Avg Close $92.30 Range $78.82 - $106.01

Q3 2021

Shares 100,485 Value ($000) $8,438 Avg Close $88.14 Range $80.39 - $95.44

Q2 2021

Shares 101,085 Value ($000) $9,135 Avg Close $89.63 Range $82.89 - $102.15

Q1 2021

Shares 99,385 Value ($000) $8,857 Avg Close $74.56 Range $61.20 - $86.84

Q4 2020

Shares 99,685 Value ($000) $6,870 Avg Close $69.25 Range $61.50 - $77.05

Q3 2020

Shares 93,985 Value ($000) $7,108 Avg Close $64.70 Range $50.63 - $73.48

Q2 2020

Shares 84,485 Value ($000) $4,685 Avg Close $45.81 Range $29.42 - $56.63

Q1 2020

Shares 76,860 Value ($000) $2,613 Avg Close $48.93 Range $24.05 - $58.97

Q4 2019

Shares 81,060 Value ($000) $4,276 Avg Close $50.08 Range $47.00 - $52.76

Q3 2019

Shares 80,860 Value ($000) $4,262 Avg Close $44.66 Range $40.11 - $49.72

Q2 2019

Shares 81,260 Value ($000) $3,505 Avg Close $41.30 Range $38.07 - $43.77

Q1 2019

Shares 97,960 Value ($000) $4,054 Avg Close $36.40 Range $31.60 - $40.37

Q4 2018

Shares 98,060 Value ($000) $3,399 Avg Close $33.73 Range $30.04 - $39.64

Q3 2018

Shares 102,260 Value ($000) $4,313 Avg Close $39.92 Range $35.53 - $43.32

Q2 2018

Shares 101,660 Value ($000) $4,168 Avg Close $39.68 Range $36.22 - $43.15

Q1 2018

Shares 100,760 Value ($000) $4,417 Avg Close $42.78 Range $37.96 - $48.82

Q4 2017

Shares 100,060 Value ($000) $5,110 Avg Close $42.59 Range $36.26 - $47.46

Q3 2017

Shares 103,360 Value ($000) $4,127 Avg Close $33.25 Range $31.02 - $36.54

Q2 2017

Shares 112,360 Value ($000) $3,884 Avg Close $30.39 Range $29.04 - $31.83

Q1 2017

Shares 111,660 Value ($000) $3,719 Avg Close $28.13 Range $24.63 - $30.93

Q4 2016

Shares 110,960 Value ($000) $3,033 Avg Close $25.80 Range $24.07 - $27.62

Q3 2016

Shares 118,264 Value ($000) $3,572 Avg Close $28.92 Range $26.73 - $31.09

Q2 2016

Shares 114,664 Value ($000) $3,610 Avg Close $27.43 Range $25.93 - $29.17

Q1 2016

Shares 113,264 Value ($000) $3,424 Avg Close $24.62 Range $20.61 - $28.30

Q4 2015

Shares 112,264 Value ($000) $3,596 Avg Close $27.87 Range $25.39 - $29.61

Q3 2015

Shares 118,064 Value ($000) $3,466 Avg Close $26.27 Range $23.27 - $29.50

Q2 2015

Shares 129,364 Value ($000) $3,539 Avg Close $23.91 Range $22.13 - $26.01

Q1 2015

Shares 128,264 Value ($000) $3,653 Avg Close $23.12 Range $19.60 - $25.55

Q4 2014

Shares 136,664 Value ($000) $3,456 Avg Close $20.70 Range $17.05 - $22.93

Q3 2014

Shares 135,964 Value ($000) $2,790 Avg Close $19.44 Range $17.67 - $22.23

Q2 2014

Shares 117,264 Value ($000) $2,882 Avg Close $20.12 Range $18.52 - $21.88

Q1 2014

Shares 116,264 Value ($000) $2,517 Avg Close $19.87 Range $17.74 - $22.04

Q4 2013

Shares 115,564 Value ($000) $2,579 Avg Close $16.97 Range $15.45 - $19.63

Q3 2013

Shares 115,564 Value ($000) $2,245 Avg Close $17.39 Range $15.38 - $20.37

Q2 2013

Shares 113,864 Value ($000) $2,423 Avg Close $21.23 Range $17.51 - $24.37

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	103,999	$14,979	$152.01	$134.74 - $175.68
Q3 2025	108,499	$18,387	$156.63	$127.27 - $183.98
Q2 2025	108,699	$14,013	$122.31	$109.46 - $130.74
Q1 2025	109,599	$13,933	$132.76	$123.13 - $152.41
Q4 2024	111,799	$15,632	$164.94	$133.41 - $192.74
Q3 2024	110,099	$21,004	$173.17	$130.92 - $197.03
Q2 2024	111,299	$15,685	$144.49	$135.90 - $162.80
Q1 2024	116,899	$19,236	$147.13	$136.08 - $162.26
Q4 2023	117,599	$17,873	$120.55	$97.87 - $151.57
Q3 2023	115,799	$12,445	$116.99	$104.24 - $129.11
Q2 2023	124,499	$15,150	$106.63	$91.74 - $121.06
Q1 2023	122,299	$11,947	$92.76	$86.70 - $101.14
Q4 2022	121,499	$10,830	$77.70	$63.92 - $89.79
Q3 2022	137,299	$9,247	$71.17	$64.44 - $77.85
Q2 2022	138,199	$9,147	$67.77	$57.20 - $74.47
Q1 2022	133,899	$9,977	$83.34	$71.67 - $104.28
Q4 2021	134,633	$14,601	$92.30	$78.82 - $106.01
Q3 2021	100,485	$8,438	$88.14	$80.39 - $95.44
Q2 2021	101,085	$9,135	$89.63	$82.89 - $102.15
Q1 2021	99,385	$8,857	$74.56	$61.20 - $86.84
Q4 2020	99,685	$6,870	$69.25	$61.50 - $77.05
Q3 2020	93,985	$7,108	$64.70	$50.63 - $73.48
Q2 2020	84,485	$4,685	$45.81	$29.42 - $56.63
Q1 2020	76,860	$2,613	$48.93	$24.05 - $58.97
Q4 2019	81,060	$4,276	$50.08	$47.00 - $52.76
Q3 2019	80,860	$4,262	$44.66	$40.11 - $49.72
Q2 2019	81,260	$3,505	$41.30	$38.07 - $43.77
Q1 2019	97,960	$4,054	$36.40	$31.60 - $40.37
Q4 2018	98,060	$3,399	$33.73	$30.04 - $39.64
Q3 2018	102,260	$4,313	$39.92	$35.53 - $43.32
Q2 2018	101,660	$4,168	$39.68	$36.22 - $43.15
Q1 2018	100,760	$4,417	$42.78	$37.96 - $48.82
Q4 2017	100,060	$5,110	$42.59	$36.26 - $47.46
Q3 2017	103,360	$4,127	$33.25	$31.02 - $36.54
Q2 2017	112,360	$3,884	$30.39	$29.04 - $31.83
Q1 2017	111,660	$3,719	$28.13	$24.63 - $30.93
Q4 2016	110,960	$3,033	$25.80	$24.07 - $27.62
Q3 2016	118,264	$3,572	$28.92	$26.73 - $31.09
Q2 2016	114,664	$3,610	$27.43	$25.93 - $29.17
Q1 2016	113,264	$3,424	$24.62	$20.61 - $28.30
Q4 2015	112,264	$3,596	$27.87	$25.39 - $29.61
Q3 2015	118,064	$3,466	$26.27	$23.27 - $29.50
Q2 2015	129,364	$3,539	$23.91	$22.13 - $26.01
Q1 2015	128,264	$3,653	$23.12	$19.60 - $25.55
Q4 2014	136,664	$3,456	$20.70	$17.05 - $22.93
Q3 2014	135,964	$2,790	$19.44	$17.67 - $22.23
Q2 2014	117,264	$2,882	$20.12	$18.52 - $21.88
Q1 2014	116,264	$2,517	$19.87	$17.74 - $22.04
Q4 2013	115,564	$2,579	$16.97	$15.45 - $19.63
Q3 2013	115,564	$2,245	$17.39	$15.38 - $20.37
Q2 2013	113,864	$2,423	$21.23	$17.51 - $24.37