HEALTHPEAK PROPERTIES INC

Ticker: DOC CUSIP: 42250P103 Class: COM

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

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

Q4 2025

Shares 181,893 Value ($000) $2,925 Avg Close $17.46 Range $15.71 - $19.34

Q3 2025

Shares 187,993 Value ($000) $3,600 Avg Close $17.46 Range $16.15 - $18.94

Q2 2025

Shares 188,893 Value ($000) $3,308 Avg Close $17.00 Range $15.98 - $19.37

Q1 2025

Shares 189,793 Value ($000) $3,838 Avg Close $19.06 Range $17.98 - $20.21

Q4 2024

Shares 189,793 Value ($000) $3,847 Avg Close $20.16 Range $18.42 - $21.55

Q3 2024

Shares 191,693 Value ($000) $4,384 Avg Close $19.78 Range $17.49 - $21.34

Q2 2024

Shares 192,693 Value ($000) $3,777 Avg Close $17.27 Range $15.93 - $18.46

Q1 2024

Shares 193,993 Value ($000) $3,637 Avg Close $16.13 Range $14.34 - $18.36

Q4 2023

Shares 149,793 Value ($000) $2,966 Avg Close $15.38 Range $13.18 - $17.93

Q3 2023

Shares 149,993 Value ($000) $2,754 Avg Close $17.66 Range $15.57 - $19.08

Q2 2023

Shares 150,393 Value ($000) $3,023 Avg Close $17.60 Range $16.27 - $18.66

Q1 2023

Shares 150,193 Value ($000) $3,300 Avg Close $20.74 Range $16.99 - $23.63

Q4 2022

Shares 146,093 Value ($000) $3,663 Avg Close $20.11 Range $17.58 - $22.20

Q3 2022

Shares 145,993 Value ($000) $3,346 Avg Close $21.59 Range $18.43 - $23.34

Q2 2022

Shares 145,493 Value ($000) $3,770 Avg Close $24.49 Range $18.86 - $28.72

Q1 2022

Shares 136,093 Value ($000) $4,672 Avg Close $26.97 Range $24.25 - $29.36

Q4 2021

Shares 135,709 Value ($000) $4,898 Avg Close $27.38 Range $25.89 - $28.91

Q3 2021

Shares 135,309 Value ($000) $4,530 Avg Close $27.87 Range $25.89 - $29.53

Q2 2021

Shares 135,509 Value ($000) $4,511 Avg Close $26.20 Range $24.58 - $27.66

Q1 2021

Shares 135,209 Value ($000) $4,292 Avg Close $23.46 Range $21.64 - $25.36

Q4 2020

Shares 135,409 Value ($000) $4,093 Avg Close $22.25 Range $19.98 - $25.14

Q3 2020

Shares 137,409 Value ($000) $3,731 Avg Close $20.67 Range $19.15 - $22.33

Q2 2020

Shares 137,509 Value ($000) $3,790 Avg Close $19.01 Range $14.51 - $22.86

Q1 2020

Shares 113,467 Value ($000) $2,706 Avg Close $23.91 Range $13.74 - $27.76

Q4 2019

Shares 119,667 Value ($000) $4,125 Avg Close $25.47 Range $23.27 - $27.43

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	181,893	$2,925	$17.46	$15.71 - $19.34
Q3 2025	187,993	$3,600	$17.46	$16.15 - $18.94
Q2 2025	188,893	$3,308	$17.00	$15.98 - $19.37
Q1 2025	189,793	$3,838	$19.06	$17.98 - $20.21
Q4 2024	189,793	$3,847	$20.16	$18.42 - $21.55
Q3 2024	191,693	$4,384	$19.78	$17.49 - $21.34
Q2 2024	192,693	$3,777	$17.27	$15.93 - $18.46
Q1 2024	193,993	$3,637	$16.13	$14.34 - $18.36
Q4 2023	149,793	$2,966	$15.38	$13.18 - $17.93
Q3 2023	149,993	$2,754	$17.66	$15.57 - $19.08
Q2 2023	150,393	$3,023	$17.60	$16.27 - $18.66
Q1 2023	150,193	$3,300	$20.74	$16.99 - $23.63
Q4 2022	146,093	$3,663	$20.11	$17.58 - $22.20
Q3 2022	145,993	$3,346	$21.59	$18.43 - $23.34
Q2 2022	145,493	$3,770	$24.49	$18.86 - $28.72
Q1 2022	136,093	$4,672	$26.97	$24.25 - $29.36
Q4 2021	135,709	$4,898	$27.38	$25.89 - $28.91
Q3 2021	135,309	$4,530	$27.87	$25.89 - $29.53
Q2 2021	135,509	$4,511	$26.20	$24.58 - $27.66
Q1 2021	135,209	$4,292	$23.46	$21.64 - $25.36
Q4 2020	135,409	$4,093	$22.25	$19.98 - $25.14
Q3 2020	137,409	$3,731	$20.67	$19.15 - $22.33
Q2 2020	137,509	$3,790	$19.01	$14.51 - $22.86
Q1 2020	113,467	$2,706	$23.91	$13.74 - $27.76
Q4 2019	119,667	$4,125	$25.47	$23.27 - $27.43