INGREDION INC

Ticker: INGR CUSIP: 457187102 Class: COM

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

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

Q4 2025

Shares 14,988 Value ($000) $1,653 Avg Close $112.78 Range $102.31 - $122.74

Q3 2025

Shares 15,288 Value ($000) $1,867 Avg Close $128.89 Range $120.08 - $138.40

Q2 2025

Shares 15,488 Value ($000) $2,100 Avg Close $135.02 Range $120.51 - $141.78

Q1 2025

Shares 15,388 Value ($000) $2,081 Avg Close $132.08 Range $124.54 - $139.81

Q4 2024

Shares 15,388 Value ($000) $2,117 Avg Close $140.75 Range $132.43 - $155.44

Q3 2024

Shares 15,488 Value ($000) $2,129 Avg Close $127.20 Range $111.54 - $138.37

Q2 2024

Shares 15,788 Value ($000) $1,811 Avg Close $115.48 Range $109.51 - $122.18

Q1 2024

Shares 15,988 Value ($000) $1,868 Avg Close $112.60 Range $106.03 - $118.83

Q4 2023

Shares 15,688 Value ($000) $1,703 Avg Close $100.33 Range $89.54 - $110.25

Q3 2023

Shares 15,788 Value ($000) $1,554 Avg Close $103.74 Range $97.31 - $112.24

Q2 2023

Shares 16,288 Value ($000) $1,726 Avg Close $106.33 Range $100.43 - $113.46

Q1 2023

Shares 16,588 Value ($000) $1,687 Avg Close $99.77 Range $94.23 - $105.24

Q4 2022

Shares 16,688 Value ($000) $1,634 Avg Close $92.23 Range $79.68 - $100.95

Q3 2022

Shares 16,488 Value ($000) $1,328 Avg Close $87.76 Range $78.81 - $95.43

Q2 2022

Shares 16,888 Value ($000) $1,489 Avg Close $89.53 Range $84.10 - $96.33

Q1 2022

Shares 16,888 Value ($000) $1,472 Avg Close $90.50 Range $81.25 - $101.89

Q4 2021

Shares 16,882 Value ($000) $1,631 Avg Close $96.21 Range $88.43 - $101.30

Q3 2021

Shares 16,782 Value ($000) $1,494 Avg Close $88.09 Range $84.37 - $93.97

Q2 2021

Shares 16,882 Value ($000) $1,528 Avg Close $93.37 Range $89.08 - $98.05

Q1 2021

Shares 24,882 Value ($000) $2,237 Avg Close $85.49 Range $73.82 - $93.66

Q4 2020

Shares 24,382 Value ($000) $1,918 Avg Close $77.11 Range $68.71 - $82.59

Q3 2020

Shares 26,682 Value ($000) $2,019 Avg Close $81.21 Range $74.37 - $89.09

Q2 2020

Shares 24,382 Value ($000) $2,024 Avg Close $81.82 Range $72.98 - $91.30

Q1 2020

Shares 18,500 Value ($000) $1,397 Avg Close $85.91 Range $59.11 - $99.51

Q4 2019

Shares 19,600 Value ($000) $1,822 Avg Close $84.02 Range $77.11 - $94.41

Q3 2019

Shares 19,400 Value ($000) $1,586 Avg Close $79.37 Range $73.00 - $85.01

Q2 2019

Shares 19,700 Value ($000) $1,625 Avg Close $85.99 Range $75.67 - $95.70

Q1 2019

Shares 23,800 Value ($000) $2,254 Avg Close $94.49 Range $90.01 - $99.91

Q4 2018

Shares 25,200 Value ($000) $2,303 Avg Close $100.08 Range $87.02 - $107.52

Q3 2018

Shares 26,300 Value ($000) $2,760 Avg Close $102.11 Range $95.01 - $113.22

Q2 2018

Shares 26,600 Value ($000) $2,945 Avg Close $117.60 Range $107.77 - $131.99

Q1 2018

Shares 26,300 Value ($000) $3,391 Avg Close $133.79 Range $125.85 - $146.28

Q4 2017

Shares 25,800 Value ($000) $3,607 Avg Close $131.99 Range $120.67 - $142.64

Q3 2017

Shares 27,000 Value ($000) $3,257 Avg Close $121.92 Range $115.47 - $125.99

Q2 2017

Shares 29,500 Value ($000) $3,517 Avg Close $118.75 Range $113.42 - $124.48

Q1 2017

Shares 29,200 Value ($000) $3,517 Avg Close $122.30 Range $113.07 - $128.95

Q4 2016

Shares 29,200 Value ($000) $3,649 Avg Close $126.34 Range $113.92 - $137.62

Q3 2016

Shares 29,100 Value ($000) $3,872 Avg Close $133.59 Range $128.18 - $140.00

Q2 2016

Shares 28,900 Value ($000) $3,740 Avg Close $116.35 Range $104.24 - $129.42

Q1 2016

Shares 28,700 Value ($000) $3,065 Avg Close $99.65 Range $84.57 - $108.00

Q4 2015

Shares 28,300 Value ($000) $2,712 Avg Close $94.78 Range $85.85 - $99.64

Q3 2015

Shares 32,500 Value ($000) $2,838 Avg Close $85.73 Range $79.31 - $93.87

Q2 2015

Shares 32,600 Value ($000) $2,602 Avg Close $80.34 Range $76.26 - $83.00

Q1 2015

Shares 32,400 Value ($000) $2,521 Avg Close $81.81 Range $75.11 - $86.80

Q4 2014

Shares 34,200 Value ($000) $2,902 Avg Close $79.53 Range $69.94 - $87.20

Q3 2014

Shares 35,400 Value ($000) $2,683 Avg Close $77.73 Range $73.10 - $80.54

Q2 2014

Shares 35,200 Value ($000) $2,641 Avg Close $72.72 Range $65.25 - $77.92

Q1 2014

Shares 35,100 Value ($000) $2,390 Avg Close $65.61 Range $58.28 - $70.00

Q4 2013

Shares 35,900 Value ($000) $2,458 Avg Close $67.63 Range $63.49 - $70.48

Q3 2013

Shares 36,100 Value ($000) $2,389 Avg Close $65.29 Range $60.62 - $72.19

Q2 2013

Shares 35,600 Value ($000) $2,336 Avg Close $70.28 Range $62.65 - $74.31

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	14,988	$1,653	$112.78	$102.31 - $122.74
Q3 2025	15,288	$1,867	$128.89	$120.08 - $138.40
Q2 2025	15,488	$2,100	$135.02	$120.51 - $141.78
Q1 2025	15,388	$2,081	$132.08	$124.54 - $139.81
Q4 2024	15,388	$2,117	$140.75	$132.43 - $155.44
Q3 2024	15,488	$2,129	$127.20	$111.54 - $138.37
Q2 2024	15,788	$1,811	$115.48	$109.51 - $122.18
Q1 2024	15,988	$1,868	$112.60	$106.03 - $118.83
Q4 2023	15,688	$1,703	$100.33	$89.54 - $110.25
Q3 2023	15,788	$1,554	$103.74	$97.31 - $112.24
Q2 2023	16,288	$1,726	$106.33	$100.43 - $113.46
Q1 2023	16,588	$1,687	$99.77	$94.23 - $105.24
Q4 2022	16,688	$1,634	$92.23	$79.68 - $100.95
Q3 2022	16,488	$1,328	$87.76	$78.81 - $95.43
Q2 2022	16,888	$1,489	$89.53	$84.10 - $96.33
Q1 2022	16,888	$1,472	$90.50	$81.25 - $101.89
Q4 2021	16,882	$1,631	$96.21	$88.43 - $101.30
Q3 2021	16,782	$1,494	$88.09	$84.37 - $93.97
Q2 2021	16,882	$1,528	$93.37	$89.08 - $98.05
Q1 2021	24,882	$2,237	$85.49	$73.82 - $93.66
Q4 2020	24,382	$1,918	$77.11	$68.71 - $82.59
Q3 2020	26,682	$2,019	$81.21	$74.37 - $89.09
Q2 2020	24,382	$2,024	$81.82	$72.98 - $91.30
Q1 2020	18,500	$1,397	$85.91	$59.11 - $99.51
Q4 2019	19,600	$1,822	$84.02	$77.11 - $94.41
Q3 2019	19,400	$1,586	$79.37	$73.00 - $85.01
Q2 2019	19,700	$1,625	$85.99	$75.67 - $95.70
Q1 2019	23,800	$2,254	$94.49	$90.01 - $99.91
Q4 2018	25,200	$2,303	$100.08	$87.02 - $107.52
Q3 2018	26,300	$2,760	$102.11	$95.01 - $113.22
Q2 2018	26,600	$2,945	$117.60	$107.77 - $131.99
Q1 2018	26,300	$3,391	$133.79	$125.85 - $146.28
Q4 2017	25,800	$3,607	$131.99	$120.67 - $142.64
Q3 2017	27,000	$3,257	$121.92	$115.47 - $125.99
Q2 2017	29,500	$3,517	$118.75	$113.42 - $124.48
Q1 2017	29,200	$3,517	$122.30	$113.07 - $128.95
Q4 2016	29,200	$3,649	$126.34	$113.92 - $137.62
Q3 2016	29,100	$3,872	$133.59	$128.18 - $140.00
Q2 2016	28,900	$3,740	$116.35	$104.24 - $129.42
Q1 2016	28,700	$3,065	$99.65	$84.57 - $108.00
Q4 2015	28,300	$2,712	$94.78	$85.85 - $99.64
Q3 2015	32,500	$2,838	$85.73	$79.31 - $93.87
Q2 2015	32,600	$2,602	$80.34	$76.26 - $83.00
Q1 2015	32,400	$2,521	$81.81	$75.11 - $86.80
Q4 2014	34,200	$2,902	$79.53	$69.94 - $87.20
Q3 2014	35,400	$2,683	$77.73	$73.10 - $80.54
Q2 2014	35,200	$2,641	$72.72	$65.25 - $77.92
Q1 2014	35,100	$2,390	$65.61	$58.28 - $70.00
Q4 2013	35,900	$2,458	$67.63	$63.49 - $70.48
Q3 2013	36,100	$2,389	$65.29	$60.62 - $72.19
Q2 2013	35,600	$2,336	$70.28	$62.65 - $74.31