DANAHER CORPORATION

Ticker: DHR CUSIP: 235851102 Class: COM

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

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

Q4 2025

Shares 164,546 Value ($000) $37,668 Avg Close $219.54 Range $198.36 - $234.67

Q3 2025

Shares 172,346 Value ($000) $34,169 Avg Close $198.37 Range $179.46 - $213.34

Q2 2025

Shares 173,146 Value ($000) $34,203 Avg Close $193.02 Range $170.19 - $206.02

Q1 2025

Shares 173,646 Value ($000) $35,597 Avg Close $216.97 Range $195.57 - $256.62

Q4 2024

Shares 174,446 Value ($000) $40,044 Avg Close $243.95 Range $223.75 - $277.34

Q3 2024

Shares 175,046 Value ($000) $48,666 Avg Close $262.43 Range $235.96 - $279.34

Q2 2024

Shares 180,546 Value ($000) $45,109 Avg Close $250.27 Range $228.56 - $266.57

Q1 2024

Shares 180,146 Value ($000) $44,986 Avg Close $241.47 Range $220.19 - $256.28

Q4 2023

Shares 180,046 Value ($000) $41,652 Avg Close $210.35 Range $179.99 - $231.76

Q3 2023

Shares 180,146 Value ($000) $44,694 Avg Close $220.19 Range $202.96 - $235.97

Q2 2023

Shares 182,646 Value ($000) $43,835 Avg Close $208.76 Range $193.39 - $228.38

Q1 2023

Shares 180,046 Value ($000) $45,379 Avg Close $224.08 Range $206.96 - $243.92

Q4 2022

Shares 178,046 Value ($000) $47,257 Avg Close $228.13 Range $204.86 - $247.44

Q3 2022

Shares 177,146 Value ($000) $45,755 Avg Close $240.69 Range $211.67 - $264.81

Q2 2022

Shares 174,546 Value ($000) $44,251 Avg Close $226.23 Range $203.49 - $263.93

Q1 2022

Shares 160,546 Value ($000) $47,093 Avg Close $245.73 Range $221.55 - $285.84

Q4 2021

Shares 160,138 Value ($000) $52,687 Avg Close $270.11 Range $245.61 - $288.37

Q3 2021

Shares 159,538 Value ($000) $48,570 Avg Close $266.79 Range $232.06 - $290.14

Q2 2021

Shares 159,538 Value ($000) $42,814 Avg Close $217.14 Range $194.58 - $237.25

Q1 2021

Shares 159,038 Value ($000) $35,796 Avg Close $198.70 Range $183.19 - $215.83

Q4 2020

Shares 158,938 Value ($000) $35,306 Avg Close $196.00 Range $183.22 - $215.19

Q3 2020

Shares 161,138 Value ($000) $34,698 Avg Close $173.71 Range $151.64 - $187.72

Q2 2020

Shares 160,738 Value ($000) $28,423 Avg Close $140.03 Range $110.45 - $154.58

Q1 2020

Shares 146,467 Value ($000) $20,272 Avg Close $131.31 Range $103.30 - $146.13

Q4 2019

Shares 154,567 Value ($000) $23,723 Avg Close $122.98 Range $114.64 - $132.86

Q3 2019

Shares 153,467 Value ($000) $22,165 Avg Close $121.72 Range $115.33 - $126.96

Q2 2019

Shares 150,867 Value ($000) $21,562 Avg Close $114.95 Range $106.73 - $124.43

Q1 2019

Shares 181,067 Value ($000) $23,904 Avg Close $99.39 Range $82.89 - $113.98

Q4 2018

Shares 176,567 Value ($000) $18,208 Avg Close $87.89 Range $81.17 - $95.14

Q3 2018

Shares 183,467 Value ($000) $19,936 Avg Close $88.03 Range $83.46 - $93.74

Q2 2018

Shares 181,967 Value ($000) $17,957 Avg Close $85.98 Range $81.29 - $89.08

Q1 2018

Shares 180,767 Value ($000) $17,699 Avg Close $84.28 Range $78.44 - $89.53

Q4 2017

Shares 179,467 Value ($000) $16,658 Avg Close $78.23 Range $71.48 - $81.16

Q3 2017

Shares 185,467 Value ($000) $15,909 Avg Close $71.08 Range $67.24 - $75.45

Q2 2017

Shares 523,967 Value ($000) $44,218 Avg Close $71.77 Range $69.16 - $73.95

Q1 2017

Shares 523,567 Value ($000) $44,781 Avg Close $71.26 Range $66.38 - $74.69

Q4 2016

Shares 604,847 Value ($000) $47,081 Avg Close $66.37 Range $64.15 - $68.88

Q3 2016

Shares 500,371 Value ($000) $39,224 Avg Close $67.27 Range $41.65 - $69.91

Q2 2016

Shares 219,971 Value ($000) $22,217 Avg Close $40.08 Range $38.06 - $41.64

Q1 2016

Shares 238,971 Value ($000) $22,669 Avg Close $36.46 Range $33.39 - $39.47

Q4 2015

Shares 484,191 Value ($000) $44,972 Avg Close $38.22 Range $34.41 - $40.06

Q3 2015

Shares 361,191 Value ($000) $30,777 Avg Close $36.01 Range $33.72 - $38.07

Q2 2015

Shares 238,791 Value ($000) $20,438 Avg Close $34.86 Range $33.37 - $36.92

Q1 2015

Shares 236,891 Value ($000) $20,112 Avg Close $34.87 Range $33.18 - $35.98

Q4 2014

Shares 251,791 Value ($000) $21,581 Avg Close $32.92 Range $28.60 - $35.73

Q3 2014

Shares 249,891 Value ($000) $18,987 Avg Close $31.17 Range $29.75 - $32.59

Q2 2014

Shares 246,491 Value ($000) $19,406 Avg Close $31.10 Range $29.19 - $33.01

Q1 2014

Shares 245,191 Value ($000) $18,389 Avg Close $30.77 Range $29.21 - $32.02

Q4 2013

Shares 243,791 Value ($000) $18,821 Avg Close $29.72 Range $27.15 - $31.45

Q3 2013

Shares 243,291 Value ($000) $16,865 Avg Close $27.40 Range $25.65 - $28.81

Q2 2013

Shares 236,291 Value ($000) $14,957 Avg Close $25.01 Range $23.38 - $26.30

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	164,546	$37,668	$219.54	$198.36 - $234.67
Q3 2025	172,346	$34,169	$198.37	$179.46 - $213.34
Q2 2025	173,146	$34,203	$193.02	$170.19 - $206.02
Q1 2025	173,646	$35,597	$216.97	$195.57 - $256.62
Q4 2024	174,446	$40,044	$243.95	$223.75 - $277.34
Q3 2024	175,046	$48,666	$262.43	$235.96 - $279.34
Q2 2024	180,546	$45,109	$250.27	$228.56 - $266.57
Q1 2024	180,146	$44,986	$241.47	$220.19 - $256.28
Q4 2023	180,046	$41,652	$210.35	$179.99 - $231.76
Q3 2023	180,146	$44,694	$220.19	$202.96 - $235.97
Q2 2023	182,646	$43,835	$208.76	$193.39 - $228.38
Q1 2023	180,046	$45,379	$224.08	$206.96 - $243.92
Q4 2022	178,046	$47,257	$228.13	$204.86 - $247.44
Q3 2022	177,146	$45,755	$240.69	$211.67 - $264.81
Q2 2022	174,546	$44,251	$226.23	$203.49 - $263.93
Q1 2022	160,546	$47,093	$245.73	$221.55 - $285.84
Q4 2021	160,138	$52,687	$270.11	$245.61 - $288.37
Q3 2021	159,538	$48,570	$266.79	$232.06 - $290.14
Q2 2021	159,538	$42,814	$217.14	$194.58 - $237.25
Q1 2021	159,038	$35,796	$198.70	$183.19 - $215.83
Q4 2020	158,938	$35,306	$196.00	$183.22 - $215.19
Q3 2020	161,138	$34,698	$173.71	$151.64 - $187.72
Q2 2020	160,738	$28,423	$140.03	$110.45 - $154.58
Q1 2020	146,467	$20,272	$131.31	$103.30 - $146.13
Q4 2019	154,567	$23,723	$122.98	$114.64 - $132.86
Q3 2019	153,467	$22,165	$121.72	$115.33 - $126.96
Q2 2019	150,867	$21,562	$114.95	$106.73 - $124.43
Q1 2019	181,067	$23,904	$99.39	$82.89 - $113.98
Q4 2018	176,567	$18,208	$87.89	$81.17 - $95.14
Q3 2018	183,467	$19,936	$88.03	$83.46 - $93.74
Q2 2018	181,967	$17,957	$85.98	$81.29 - $89.08
Q1 2018	180,767	$17,699	$84.28	$78.44 - $89.53
Q4 2017	179,467	$16,658	$78.23	$71.48 - $81.16
Q3 2017	185,467	$15,909	$71.08	$67.24 - $75.45
Q2 2017	523,967	$44,218	$71.77	$69.16 - $73.95
Q1 2017	523,567	$44,781	$71.26	$66.38 - $74.69
Q4 2016	604,847	$47,081	$66.37	$64.15 - $68.88
Q3 2016	500,371	$39,224	$67.27	$41.65 - $69.91
Q2 2016	219,971	$22,217	$40.08	$38.06 - $41.64
Q1 2016	238,971	$22,669	$36.46	$33.39 - $39.47
Q4 2015	484,191	$44,972	$38.22	$34.41 - $40.06
Q3 2015	361,191	$30,777	$36.01	$33.72 - $38.07
Q2 2015	238,791	$20,438	$34.86	$33.37 - $36.92
Q1 2015	236,891	$20,112	$34.87	$33.18 - $35.98
Q4 2014	251,791	$21,581	$32.92	$28.60 - $35.73
Q3 2014	249,891	$18,987	$31.17	$29.75 - $32.59
Q2 2014	246,491	$19,406	$31.10	$29.19 - $33.01
Q1 2014	245,191	$18,389	$30.77	$29.21 - $32.02
Q4 2013	243,791	$18,821	$29.72	$27.15 - $31.45
Q3 2013	243,291	$16,865	$27.40	$25.65 - $28.81
Q2 2013	236,291	$14,957	$25.01	$23.38 - $26.30