HUB GROUP INC

Ticker: HUBG CUSIP: 443320106 Class: EQTY

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2020

Shares 10,340 Value ($000) $470 Avg Close $25.08 Range $18.25 - $30.21

Q4 2019

Shares 10,230 Value ($000) $525 Avg Close $24.72 Range $21.91 - $26.32

Q3 2019

Shares 10,030 Value ($000) $466 Avg Close $21.22 Range $19.04 - $23.71

Q2 2019

Shares 10,160 Value ($000) $427 Avg Close $20.99 Range $19.20 - $23.52

Q1 2019

Shares 16,550 Value ($000) $676 Avg Close $21.33 Range $17.93 - $23.94

Q4 2018

Shares 16,270 Value ($000) $603 Avg Close $21.45 Range $17.01 - $24.68

Q2 2018

Shares 17,590 Value ($000) $876 Avg Close $23.47 Range $19.20 - $27.23

Q1 2018

Shares 13,470 Value ($000) $564 Avg Close $23.31 Range $20.15 - $26.13

Q4 2017

Shares 12,670 Value ($000) $607 Avg Close $22.00 Range $18.95 - $24.45

Q3 2017

Shares 12,560 Value ($000) $539 Avg Close $19.08 Range $16.59 - $21.93

Q2 2017

Shares 7,900 Value ($000) $303 Avg Close $19.06 Range $16.73 - $23.90

Q1 2017

Shares 7,590 Value ($000) $352 Avg Close $23.63 Range $20.77 - $26.25

Q4 2016

Shares 7,590 Value ($000) $332 Avg Close $20.65 Range $17.18 - $23.07

Q3 2016

Shares 13,700 Value ($000) $558 Avg Close $20.35 Range $18.82 - $21.75

Q2 2016

Shares 13,580 Value ($000) $521 Avg Close $19.55 Range $18.34 - $20.68

Q1 2016

Shares 13,560 Value ($000) $553 Avg Close $17.32 Range $14.10 - $20.48

Q4 2015

Shares 7,280 Value ($000) $240 Avg Close $18.64 Range $15.35 - $20.71

Q3 2015

Shares 6,730 Value ($000) $245 Avg Close $19.76 Range $17.75 - $22.00

Q2 2015

Shares 6,540 Value ($000) $264 Avg Close $20.44 Range $18.14 - $22.00

Q1 2015

Shares 6,500 Value ($000) $255 Avg Close $18.84 Range $16.59 - $20.73

Q4 2014

Shares 8,900 Value ($000) $339 Avg Close $18.59 Range $16.34 - $20.70

Q3 2014

Shares 8,900 Value ($000) $361 Avg Close $22.76 Range $19.57 - $25.73

Q2 2014

Shares 8,500 Value ($000) $428 Avg Close $22.79 Range $19.57 - $25.32

Q1 2014

Shares 8,500 Value ($000) $340 Avg Close $20.24 Range $19.09 - $21.55

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	10,340	$470	$25.08	$18.25 - $30.21
Q4 2019	10,230	$525	$24.72	$21.91 - $26.32
Q3 2019	10,030	$466	$21.22	$19.04 - $23.71
Q2 2019	10,160	$427	$20.99	$19.20 - $23.52
Q1 2019	16,550	$676	$21.33	$17.93 - $23.94
Q4 2018	16,270	$603	$21.45	$17.01 - $24.68
Q2 2018	17,590	$876	$23.47	$19.20 - $27.23
Q1 2018	13,470	$564	$23.31	$20.15 - $26.13
Q4 2017	12,670	$607	$22.00	$18.95 - $24.45
Q3 2017	12,560	$539	$19.08	$16.59 - $21.93
Q2 2017	7,900	$303	$19.06	$16.73 - $23.90
Q1 2017	7,590	$352	$23.63	$20.77 - $26.25
Q4 2016	7,590	$332	$20.65	$17.18 - $23.07
Q3 2016	13,700	$558	$20.35	$18.82 - $21.75
Q2 2016	13,580	$521	$19.55	$18.34 - $20.68
Q1 2016	13,560	$553	$17.32	$14.10 - $20.48
Q4 2015	7,280	$240	$18.64	$15.35 - $20.71
Q3 2015	6,730	$245	$19.76	$17.75 - $22.00
Q2 2015	6,540	$264	$20.44	$18.14 - $22.00
Q1 2015	6,500	$255	$18.84	$16.59 - $20.73
Q4 2014	8,900	$339	$18.59	$16.34 - $20.70
Q3 2014	8,900	$361	$22.76	$19.57 - $25.73
Q2 2014	8,500	$428	$22.79	$19.57 - $25.32
Q1 2014	8,500	$340	$20.24	$19.09 - $21.55