DONALDSON INC

Ticker: DCI CUSIP: 257651109 Class: EQTY

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

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

Q4 2025

Shares 27,358 Value ($000) $2,426 Avg Close $86.42 Range $78.95 - $94.44

Q3 2025

Shares 27,758 Value ($000) $2,272 Avg Close $74.82 Range $68.27 - $82.82

Q2 2025

Shares 28,758 Value ($000) $1,994 Avg Close $66.35 Range $56.63 - $72.94

Q1 2025

Shares 28,558 Value ($000) $1,915 Avg Close $68.06 Range $64.17 - $71.21

Q4 2024

Shares 28,358 Value ($000) $1,910 Avg Close $72.21 Range $65.43 - $77.23

Q3 2024

Shares 28,558 Value ($000) $2,105 Avg Close $70.60 Range $67.24 - $73.86

Q2 2024

Shares 28,958 Value ($000) $2,072 Avg Close $71.28 Range $68.46 - $75.75

Q1 2024

Shares 29,458 Value ($000) $2,200 Avg Close $65.94 Range $59.76 - $72.97

Q4 2023

Shares 28,958 Value ($000) $1,892 Avg Close $58.77 Range $54.95 - $64.27

Q3 2023

Shares 28,958 Value ($000) $1,727 Avg Close $59.51 Range $56.81 - $62.82

Q2 2023

Shares 29,858 Value ($000) $1,866 Avg Close $59.84 Range $55.47 - $62.74

Q1 2023

Shares 30,758 Value ($000) $2,010 Avg Close $59.95 Range $55.42 - $63.97

Q4 2022

Shares 31,158 Value ($000) $1,834 Avg Close $54.37 Range $46.48 - $58.73

Q3 2022

Shares 31,158 Value ($000) $1,527 Avg Close $49.40 Range $44.37 - $54.21

Q2 2022

Shares 31,458 Value ($000) $1,514 Avg Close $47.42 Range $43.44 - $50.88

Q1 2022

Shares 31,358 Value ($000) $1,628 Avg Close $51.09 Range $45.63 - $56.93

Q4 2021

Shares 31,321 Value ($000) $1,856 Avg Close $55.29 Range $51.39 - $58.91

Q3 2021

Shares 31,421 Value ($000) $1,804 Avg Close $60.06 Range $53.55 - $64.70

Q2 2021

Shares 31,821 Value ($000) $2,022 Avg Close $57.32 Range $53.87 - $60.67

Q1 2021

Shares 46,721 Value ($000) $2,717 Avg Close $55.33 Range $50.57 - $58.10

Q4 2020

Shares 46,021 Value ($000) $2,572 Avg Close $48.61 Range $42.97 - $53.24

Q3 2020

Shares 45,921 Value ($000) $2,132 Avg Close $44.64 Range $41.12 - $48.33

Q2 2020

Shares 45,921 Value ($000) $2,136 Avg Close $40.36 Range $32.28 - $47.63

Q1 2020

Shares 35,120 Value ($000) $1,357 Avg Close $44.52 Range $28.34 - $52.85

Q4 2019

Shares 37,220 Value ($000) $2,145 Avg Close $49.30 Range $44.18 - $52.98

Q3 2019

Shares 37,020 Value ($000) $1,928 Avg Close $44.71 Range $41.47 - $48.17

Q2 2019

Shares 37,720 Value ($000) $1,918 Avg Close $45.66 Range $41.27 - $48.41

Q1 2019

Shares 45,620 Value ($000) $2,284 Avg Close $43.26 Range $37.14 - $47.26

Q4 2018

Shares 45,620 Value ($000) $1,979 Avg Close $46.05 Range $35.99 - $52.52

Q3 2018

Shares 47,720 Value ($000) $2,780 Avg Close $44.62 Range $39.33 - $52.91

Q2 2018

Shares 47,820 Value ($000) $2,158 Avg Close $40.81 Range $38.28 - $43.23

Q1 2018

Shares 47,320 Value ($000) $2,132 Avg Close $42.21 Range $38.42 - $45.92

Q4 2017

Shares 46,720 Value ($000) $2,287 Avg Close $41.83 Range $40.22 - $43.91

Q3 2017

Shares 49,320 Value ($000) $2,266 Avg Close $40.48 Range $37.33 - $41.91

Q2 2017

Shares 54,420 Value ($000) $2,478 Avg Close $40.09 Range $38.32 - $42.54

Q1 2017

Shares 53,620 Value ($000) $2,441 Avg Close $37.57 Range $35.75 - $41.47

Q4 2016

Shares 85,220 Value ($000) $3,586 Avg Close $34.27 Range $30.93 - $39.93

Q3 2016

Shares 85,620 Value ($000) $3,196 Avg Close $31.36 Range $28.63 - $33.34

Q2 2016

Shares 81,620 Value ($000) $2,804 Avg Close $28.56 Range $25.85 - $31.68

Q1 2016

Shares 81,220 Value ($000) $2,592 Avg Close $25.02 Range $21.41 - $28.16

Q4 2015

Shares 80,820 Value ($000) $2,316 Avg Close $24.90 Range $22.80 - $26.93

Q3 2015

Shares 89,220 Value ($000) $2,505 Avg Close $27.04 Range $22.26 - $30.25

Q2 2015

Shares 57,620 Value ($000) $2,063 Avg Close $30.52 Range $29.14 - $31.85

Q1 2015

Shares 57,520 Value ($000) $2,169 Avg Close $31.26 Range $30.01 - $32.51

Q4 2014

Shares 60,720 Value ($000) $2,346 Avg Close $32.99 Range $30.02 - $35.91

Q3 2014

Shares 63,120 Value ($000) $2,565 Avg Close $33.70 Range $31.59 - $35.35

Q2 2014

Shares 62,020 Value ($000) $2,625 Avg Close $34.35 Range $32.23 - $35.36

Q1 2014

Shares 62,920 Value ($000) $2,668 Avg Close $34.54 Range $31.69 - $35.68

Q4 2013

Shares 63,020 Value ($000) $2,739 Avg Close $33.32 Range $30.70 - $35.85

Q3 2013

Shares 63,020 Value ($000) $2,403 Avg Close $30.16 Range $28.27 - $31.81

Q2 2013

Shares 62,220 Value ($000) $2,219 Avg Close $29.49 Range $27.79 - $31.93

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	27,358	$2,426	$86.42	$78.95 - $94.44
Q3 2025	27,758	$2,272	$74.82	$68.27 - $82.82
Q2 2025	28,758	$1,994	$66.35	$56.63 - $72.94
Q1 2025	28,558	$1,915	$68.06	$64.17 - $71.21
Q4 2024	28,358	$1,910	$72.21	$65.43 - $77.23
Q3 2024	28,558	$2,105	$70.60	$67.24 - $73.86
Q2 2024	28,958	$2,072	$71.28	$68.46 - $75.75
Q1 2024	29,458	$2,200	$65.94	$59.76 - $72.97
Q4 2023	28,958	$1,892	$58.77	$54.95 - $64.27
Q3 2023	28,958	$1,727	$59.51	$56.81 - $62.82
Q2 2023	29,858	$1,866	$59.84	$55.47 - $62.74
Q1 2023	30,758	$2,010	$59.95	$55.42 - $63.97
Q4 2022	31,158	$1,834	$54.37	$46.48 - $58.73
Q3 2022	31,158	$1,527	$49.40	$44.37 - $54.21
Q2 2022	31,458	$1,514	$47.42	$43.44 - $50.88
Q1 2022	31,358	$1,628	$51.09	$45.63 - $56.93
Q4 2021	31,321	$1,856	$55.29	$51.39 - $58.91
Q3 2021	31,421	$1,804	$60.06	$53.55 - $64.70
Q2 2021	31,821	$2,022	$57.32	$53.87 - $60.67
Q1 2021	46,721	$2,717	$55.33	$50.57 - $58.10
Q4 2020	46,021	$2,572	$48.61	$42.97 - $53.24
Q3 2020	45,921	$2,132	$44.64	$41.12 - $48.33
Q2 2020	45,921	$2,136	$40.36	$32.28 - $47.63
Q1 2020	35,120	$1,357	$44.52	$28.34 - $52.85
Q4 2019	37,220	$2,145	$49.30	$44.18 - $52.98
Q3 2019	37,020	$1,928	$44.71	$41.47 - $48.17
Q2 2019	37,720	$1,918	$45.66	$41.27 - $48.41
Q1 2019	45,620	$2,284	$43.26	$37.14 - $47.26
Q4 2018	45,620	$1,979	$46.05	$35.99 - $52.52
Q3 2018	47,720	$2,780	$44.62	$39.33 - $52.91
Q2 2018	47,820	$2,158	$40.81	$38.28 - $43.23
Q1 2018	47,320	$2,132	$42.21	$38.42 - $45.92
Q4 2017	46,720	$2,287	$41.83	$40.22 - $43.91
Q3 2017	49,320	$2,266	$40.48	$37.33 - $41.91
Q2 2017	54,420	$2,478	$40.09	$38.32 - $42.54
Q1 2017	53,620	$2,441	$37.57	$35.75 - $41.47
Q4 2016	85,220	$3,586	$34.27	$30.93 - $39.93
Q3 2016	85,620	$3,196	$31.36	$28.63 - $33.34
Q2 2016	81,620	$2,804	$28.56	$25.85 - $31.68
Q1 2016	81,220	$2,592	$25.02	$21.41 - $28.16
Q4 2015	80,820	$2,316	$24.90	$22.80 - $26.93
Q3 2015	89,220	$2,505	$27.04	$22.26 - $30.25
Q2 2015	57,620	$2,063	$30.52	$29.14 - $31.85
Q1 2015	57,520	$2,169	$31.26	$30.01 - $32.51
Q4 2014	60,720	$2,346	$32.99	$30.02 - $35.91
Q3 2014	63,120	$2,565	$33.70	$31.59 - $35.35
Q2 2014	62,020	$2,625	$34.35	$32.23 - $35.36
Q1 2014	62,920	$2,668	$34.54	$31.69 - $35.68
Q4 2013	63,020	$2,739	$33.32	$30.70 - $35.85
Q3 2013	63,020	$2,403	$30.16	$28.27 - $31.81
Q2 2013	62,220	$2,219	$29.49	$27.79 - $31.93