LOEWS CORP

Ticker: L CUSIP: 540424108 Class: COM

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

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

Q1 2020

Shares 3,790 Value ($000) $132 Avg Close $45.99 Range $27.85 - $55.47

Q4 2019

Shares 3,790 Value ($000) $199 Avg Close $49.16 Range $47.11 - $51.21

Q3 2019

Shares 3,790 Value ($000) $195 Avg Close $50.24 Range $45.69 - $54.67

Q2 2019

Shares 3,790 Value ($000) $207 Avg Close $49.88 Range $46.59 - $53.25

Q1 2019

Shares 47,390 Value ($000) $2,271 Avg Close $45.83 Range $42.86 - $47.55

Q4 2018

Shares 51,140 Value ($000) $2,328 Avg Close $45.69 Range $40.81 - $49.49

Q2 2018

Shares 48,990 Value ($000) $2,365 Avg Close $48.65 Range $46.06 - $51.27

Q1 2018

Shares 54,070 Value ($000) $2,689 Avg Close $48.83 Range $43.94 - $51.73

Q4 2017

Shares 54,070 Value ($000) $2,705 Avg Close $47.67 Range $45.93 - $49.25

Q3 2017

Shares 55,330 Value ($000) $2,648 Avg Close $45.84 Range $43.40 - $47.74

Q2 2017

Shares 57,010 Value ($000) $2,668 Avg Close $45.06 Range $43.87 - $46.59

Q1 2017

Shares 8,810 Value ($000) $412 Avg Close $44.91 Range $43.51 - $46.04

Q4 2016

Shares 8,810 Value ($000) $413 Avg Close $42.10 Range $38.94 - $46.14

Q3 2016

Shares 8,490 Value ($000) $349 Avg Close $39.34 Range $37.98 - $40.34

Q2 2016

Shares 8,430 Value ($000) $346 Avg Close $37.95 Range $35.61 - $39.34

Q1 2016

Shares 26,910 Value ($000) $1,029 Avg Close $35.14 Range $32.29 - $37.88

Q4 2015

Shares 27,370 Value ($000) $1,051 Avg Close $35.50 Range $32.77 - $37.10

Q3 2015

Shares 27,220 Value ($000) $984 Avg Close $35.60 Range $33.49 - $37.29

Q2 2015

Shares 8,840 Value ($000) $340 Avg Close $38.66 Range $36.27 - $40.44

Q1 2015

Shares 8,900 Value ($000) $363 Avg Close $38.44 Range $36.04 - $40.56

Q4 2014

Shares 10,500 Value ($000) $441 Avg Close $39.69 Range $37.02 - $41.44

Q3 2014

Shares 10,500 Value ($000) $437 Avg Close $40.71 Range $39.30 - $42.15

Q2 2014

Shares 10,500 Value ($000) $462 Avg Close $41.25 Range $39.92 - $42.89

Q1 2014

Shares 10,500 Value ($000) $463 Avg Close $42.20 Range $40.18 - $45.39

Q4 2013

Shares 10,200 Value ($000) $492 Avg Close $45.01 Range $43.40 - $46.53

Q3 2013

Shares 10,200 Value ($000) $477 Avg Close $43.25 Range $41.39 - $45.13

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	3,790	$132	$45.99	$27.85 - $55.47
Q4 2019	3,790	$199	$49.16	$47.11 - $51.21
Q3 2019	3,790	$195	$50.24	$45.69 - $54.67
Q2 2019	3,790	$207	$49.88	$46.59 - $53.25
Q1 2019	47,390	$2,271	$45.83	$42.86 - $47.55
Q4 2018	51,140	$2,328	$45.69	$40.81 - $49.49
Q2 2018	48,990	$2,365	$48.65	$46.06 - $51.27
Q1 2018	54,070	$2,689	$48.83	$43.94 - $51.73
Q4 2017	54,070	$2,705	$47.67	$45.93 - $49.25
Q3 2017	55,330	$2,648	$45.84	$43.40 - $47.74
Q2 2017	57,010	$2,668	$45.06	$43.87 - $46.59
Q1 2017	8,810	$412	$44.91	$43.51 - $46.04
Q4 2016	8,810	$413	$42.10	$38.94 - $46.14
Q3 2016	8,490	$349	$39.34	$37.98 - $40.34
Q2 2016	8,430	$346	$37.95	$35.61 - $39.34
Q1 2016	26,910	$1,029	$35.14	$32.29 - $37.88
Q4 2015	27,370	$1,051	$35.50	$32.77 - $37.10
Q3 2015	27,220	$984	$35.60	$33.49 - $37.29
Q2 2015	8,840	$340	$38.66	$36.27 - $40.44
Q1 2015	8,900	$363	$38.44	$36.04 - $40.56
Q4 2014	10,500	$441	$39.69	$37.02 - $41.44
Q3 2014	10,500	$437	$40.71	$39.30 - $42.15
Q2 2014	10,500	$462	$41.25	$39.92 - $42.89
Q1 2014	10,500	$463	$42.20	$40.18 - $45.39
Q4 2013	10,200	$492	$45.01	$43.40 - $46.53
Q3 2013	10,200	$477	$43.25	$41.39 - $45.13