GOLDMAN SACHS GROUP INC

Ticker: GS CUSIP: 38141G104 Class: COM

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

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

Q4 2025

Shares 78,567 Value ($000) $69,060 Avg Close $813.35 Range $736.36 - $919.10

Q3 2025

Shares 85,973 Value ($000) $68,465 Avg Close $734.84 Range $684.23 - $821.18

Q2 2025

Shares 87,573 Value ($000) $61,980 Avg Close $571.74 Range $432.73 - $706.99

Q1 2025

Shares 89,373 Value ($000) $48,824 Avg Close $590.71 Range $512.19 - $658.75

Q4 2024

Shares 89,873 Value ($000) $51,463 Avg Close $544.86 Range $472.18 - $599.67

Q3 2024

Shares 91,373 Value ($000) $45,240 Avg Close $475.08 Range $424.00 - $501.45

Q2 2024

Shares 93,673 Value ($000) $42,370 Avg Close $423.71 Range $373.03 - $454.32

Q1 2024

Shares 95,673 Value ($000) $39,962 Avg Close $372.27 Range $356.00 - $403.94

Q4 2023

Shares 95,573 Value ($000) $36,869 Avg Close $317.74 Range $274.61 - $371.02

Q3 2023

Shares 97,673 Value ($000) $31,604 Avg Close $315.37 Range $294.31 - $340.35

Q2 2023

Shares 100,073 Value ($000) $32,278 Avg Close $307.90 Range $292.29 - $327.28

Q1 2023

Shares 102,573 Value ($000) $33,553 Avg Close $323.64 Range $281.97 - $352.13

Q4 2022

Shares 101,673 Value ($000) $34,912 Avg Close $321.54 Range $265.13 - $358.95

Q3 2022

Shares 103,073 Value ($000) $30,206 Avg Close $297.04 Range $254.08 - $327.95

Q2 2022

Shares 145,373 Value ($000) $43,179 Avg Close $283.57 Range $254.36 - $315.71

Q1 2022

Shares 127,473 Value ($000) $42,079 Avg Close $319.80 Range $289.53 - $372.88

Q4 2021

Shares 95,289 Value ($000) $36,453 Avg Close $356.48 Range $331.30 - $383.05

Q3 2021

Shares 89,183 Value ($000) $33,714 Avg Close $349.92 Range $312.18 - $376.37

Q2 2021

Shares 231,083 Value ($000) $87,703 Avg Close $319.41 Range $287.92 - $351.77

Q1 2021

Shares 90,483 Value ($000) $29,588 Avg Close $276.90 Range $231.02 - $318.13

Q4 2020

Shares 90,583 Value ($000) $23,888 Avg Close $197.01 Range $163.85 - $234.37

Q3 2020

Shares 93,783 Value ($000) $18,848 Avg Close $178.97 Range $164.16 - $197.73

Q2 2020

Shares 79,083 Value ($000) $15,628 Avg Close $164.18 Range $123.60 - $195.75

Q1 2020

Shares 73,050 Value ($000) $11,293 Avg Close $184.40 Range $114.16 - $217.18

Q4 2019

Shares 77,050 Value ($000) $17,716 Avg Close $187.49 Range $167.27 - $201.35

Q3 2019

Shares 77,850 Value ($000) $16,133 Avg Close $179.59 Range $165.99 - $190.99

Q2 2019

Shares 81,450 Value ($000) $16,665 Avg Close $169.10 Range $154.86 - $179.11

Q1 2019

Shares 98,650 Value ($000) $18,940 Avg Close $164.16 Range $138.78 - $176.11

Q4 2018

Shares 99,050 Value ($000) $16,546 Avg Close $170.89 Range $128.88 - $198.06

Q3 2018

Shares 104,650 Value ($000) $23,467 Avg Close $196.40 Range $184.61 - $206.70

Q2 2018

Shares 104,050 Value ($000) $22,950 Avg Close $200.65 Range $184.80 - $220.61

Q1 2018

Shares 104,050 Value ($000) $26,206 Avg Close $218.41 Range $200.54 - $231.37

Q4 2017

Shares 102,850 Value ($000) $26,202 Avg Close $205.15 Range $195.11 - $219.69

Q3 2017

Shares 109,150 Value ($000) $25,889 Avg Close $188.03 Range $179.32 - $198.50

Q2 2017

Shares 120,350 Value ($000) $26,706 Avg Close $184.61 Range $174.53 - $193.25

Q1 2017

Shares 121,650 Value ($000) $27,945 Avg Close $200.04 Range $183.26 - $211.72

Q4 2016

Shares 120,950 Value ($000) $28,961 Avg Close $167.76 Range $132.22 - $203.24

Q3 2016

Shares 258,482 Value ($000) $41,685 Avg Close $133.80 Range $117.21 - $142.26

Q2 2016

Shares 261,082 Value ($000) $38,792 Avg Close $127.90 Range $113.58 - $138.25

Q1 2016

Shares 781,782 Value ($000) $122,724 Avg Close $126.24 Range $113.32 - $144.66

Q4 2015

Shares 752,182 Value ($000) $135,566 Avg Close $151.14 Range $137.97 - $162.36

Q3 2015

Shares 761,882 Value ($000) $132,385 Avg Close $158.88 Range $136.03 - $173.70

Q2 2015

Shares 748,682 Value ($000) $156,317 Avg Close $164.61 Range $150.85 - $177.07

Q1 2015

Shares 1,249,155 Value ($000) $234,804 Avg Close $149.80 Range $138.56 - $157.44

Q4 2014

Shares 1,229,755 Value ($000) $238,363 Avg Close $150.86 Range $137.31 - $159.31

Q3 2014

Shares 2,315,255 Value ($000) $425,011 Avg Close $140.58 Range $129.11 - $151.20

Q2 2014

Shares 1,773,655 Value ($000) $296,981 Avg Close $128.71 Range $120.80 - $136.75

Q1 2014

Shares 1,277,155 Value ($000) $209,262 Avg Close $133.70 Range $126.84 - $143.80

Q4 2013

Shares 1,121,055 Value ($000) $198,718 Avg Close $130.68 Range $120.94 - $140.87

Q3 2013

Shares 789,555 Value ($000) $124,915 Avg Close $127.13 Range $117.74 - $134.52

Q2 2013

Shares 794,755 Value ($000) $120,207 Avg Close $120.06 Range $107.94 - $132.67

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	78,567	$69,060	$813.35	$736.36 - $919.10
Q3 2025	85,973	$68,465	$734.84	$684.23 - $821.18
Q2 2025	87,573	$61,980	$571.74	$432.73 - $706.99
Q1 2025	89,373	$48,824	$590.71	$512.19 - $658.75
Q4 2024	89,873	$51,463	$544.86	$472.18 - $599.67
Q3 2024	91,373	$45,240	$475.08	$424.00 - $501.45
Q2 2024	93,673	$42,370	$423.71	$373.03 - $454.32
Q1 2024	95,673	$39,962	$372.27	$356.00 - $403.94
Q4 2023	95,573	$36,869	$317.74	$274.61 - $371.02
Q3 2023	97,673	$31,604	$315.37	$294.31 - $340.35
Q2 2023	100,073	$32,278	$307.90	$292.29 - $327.28
Q1 2023	102,573	$33,553	$323.64	$281.97 - $352.13
Q4 2022	101,673	$34,912	$321.54	$265.13 - $358.95
Q3 2022	103,073	$30,206	$297.04	$254.08 - $327.95
Q2 2022	145,373	$43,179	$283.57	$254.36 - $315.71
Q1 2022	127,473	$42,079	$319.80	$289.53 - $372.88
Q4 2021	95,289	$36,453	$356.48	$331.30 - $383.05
Q3 2021	89,183	$33,714	$349.92	$312.18 - $376.37
Q2 2021	231,083	$87,703	$319.41	$287.92 - $351.77
Q1 2021	90,483	$29,588	$276.90	$231.02 - $318.13
Q4 2020	90,583	$23,888	$197.01	$163.85 - $234.37
Q3 2020	93,783	$18,848	$178.97	$164.16 - $197.73
Q2 2020	79,083	$15,628	$164.18	$123.60 - $195.75
Q1 2020	73,050	$11,293	$184.40	$114.16 - $217.18
Q4 2019	77,050	$17,716	$187.49	$167.27 - $201.35
Q3 2019	77,850	$16,133	$179.59	$165.99 - $190.99
Q2 2019	81,450	$16,665	$169.10	$154.86 - $179.11
Q1 2019	98,650	$18,940	$164.16	$138.78 - $176.11
Q4 2018	99,050	$16,546	$170.89	$128.88 - $198.06
Q3 2018	104,650	$23,467	$196.40	$184.61 - $206.70
Q2 2018	104,050	$22,950	$200.65	$184.80 - $220.61
Q1 2018	104,050	$26,206	$218.41	$200.54 - $231.37
Q4 2017	102,850	$26,202	$205.15	$195.11 - $219.69
Q3 2017	109,150	$25,889	$188.03	$179.32 - $198.50
Q2 2017	120,350	$26,706	$184.61	$174.53 - $193.25
Q1 2017	121,650	$27,945	$200.04	$183.26 - $211.72
Q4 2016	120,950	$28,961	$167.76	$132.22 - $203.24
Q3 2016	258,482	$41,685	$133.80	$117.21 - $142.26
Q2 2016	261,082	$38,792	$127.90	$113.58 - $138.25
Q1 2016	781,782	$122,724	$126.24	$113.32 - $144.66
Q4 2015	752,182	$135,566	$151.14	$137.97 - $162.36
Q3 2015	761,882	$132,385	$158.88	$136.03 - $173.70
Q2 2015	748,682	$156,317	$164.61	$150.85 - $177.07
Q1 2015	1,249,155	$234,804	$149.80	$138.56 - $157.44
Q4 2014	1,229,755	$238,363	$150.86	$137.31 - $159.31
Q3 2014	2,315,255	$425,011	$140.58	$129.11 - $151.20
Q2 2014	1,773,655	$296,981	$128.71	$120.80 - $136.75
Q1 2014	1,277,155	$209,262	$133.70	$126.84 - $143.80
Q4 2013	1,121,055	$198,718	$130.68	$120.94 - $140.87
Q3 2013	789,555	$124,915	$127.13	$117.74 - $134.52
Q2 2013	794,755	$120,207	$120.06	$107.94 - $132.67