MAXIMUS INC

Ticker: MMS CUSIP: 577933104 Class: COM

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

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

Q4 2025

Shares 13,318 Value ($000) $1,150 Avg Close $85.48 Range $77.59 - $92.50

Q3 2025

Shares 13,418 Value ($000) $1,226 Avg Close $81.03 Range $69.58 - $91.73

Q2 2025

Shares 13,518 Value ($000) $949 Avg Close $70.25 Range $64.68 - $77.31

Q1 2025

Shares 13,518 Value ($000) $922 Avg Close $71.24 Range $63.77 - $80.11

Q4 2024

Shares 14,218 Value ($000) $1,061 Avg Close $81.59 Range $69.72 - $93.73

Q3 2024

Shares 14,318 Value ($000) $1,334 Avg Close $89.38 Range $84.08 - $93.97

Q2 2024

Shares 14,618 Value ($000) $1,253 Avg Close $84.02 Range $79.10 - $90.65

Q1 2024

Shares 15,018 Value ($000) $1,260 Avg Close $82.26 Range $76.46 - $86.69

Q4 2023

Shares 14,618 Value ($000) $1,226 Avg Close $79.77 Range $72.39 - $86.90

Q3 2023

Shares 14,518 Value ($000) $1,084 Avg Close $81.40 Range $73.92 - $89.69

Q2 2023

Shares 15,018 Value ($000) $1,269 Avg Close $82.24 Range $77.34 - $86.73

Q1 2023

Shares 15,318 Value ($000) $1,206 Avg Close $77.00 Range $70.86 - $85.25

Q4 2022

Shares 15,418 Value ($000) $1,131 Avg Close $64.52 Range $54.46 - $74.73

Q3 2022

Shares 15,218 Value ($000) $881 Avg Close $62.33 Range $57.17 - $67.99

Q2 2022

Shares 15,618 Value ($000) $976 Avg Close $67.61 Range $56.50 - $77.98

Q1 2022

Shares 15,718 Value ($000) $1,178 Avg Close $76.52 Range $72.04 - $81.76

Q4 2021

Shares 15,592 Value ($000) $1,242 Avg Close $81.73 Range $74.38 - $88.13

Q3 2021

Shares 15,392 Value ($000) $1,281 Avg Close $85.66 Range $80.00 - $89.78

Q2 2021

Shares 15,492 Value ($000) $1,363 Avg Close $91.62 Range $85.67 - $96.05

Q1 2021

Shares 22,792 Value ($000) $2,029 Avg Close $81.76 Range $72.05 - $90.21

Q4 2020

Shares 22,392 Value ($000) $1,639 Avg Close $70.93 Range $64.30 - $76.06

Q3 2020

Shares 22,292 Value ($000) $1,525 Avg Close $73.56 Range $65.88 - $80.50

Q2 2020

Shares 22,292 Value ($000) $1,570 Avg Close $67.24 Range $54.81 - $75.78

Q1 2020

Shares 462,500 Value ($000) $26,918 Avg Close $67.90 Range $46.42 - $76.43

Q4 2019

Shares 463,600 Value ($000) $34,487 Avg Close $75.14 Range $72.56 - $78.87

Q3 2019

Shares 18,500 Value ($000) $1,429 Avg Close $75.91 Range $68.42 - $82.02

Q2 2019

Shares 18,900 Value ($000) $1,371 Avg Close $72.56 Range $69.80 - $76.84

Q1 2019

Shares 22,700 Value ($000) $1,611 Avg Close $70.11 Range $64.07 - $73.81

Q4 2018

Shares 22,900 Value ($000) $1,491 Avg Close $65.81 Range $60.00 - $72.45

Q3 2018

Shares 23,800 Value ($000) $1,548 Avg Close $64.92 Range $61.76 - $66.66

Q2 2018

Shares 24,000 Value ($000) $1,491 Avg Close $64.82 Range $60.27 - $71.05

Q1 2018

Shares 23,800 Value ($000) $1,588 Avg Close $67.99 Range $62.67 - $72.71

Q4 2017

Shares 23,400 Value ($000) $1,675 Avg Close $67.34 Range $62.52 - $72.54

Q3 2017

Shares 24,400 Value ($000) $1,574 Avg Close $61.30 Range $58.58 - $65.37

Q2 2017

Shares 26,700 Value ($000) $1,672 Avg Close $62.06 Range $57.12 - $64.97

Q1 2017

Shares 26,300 Value ($000) $1,636 Avg Close $58.78 Range $51.74 - $62.78

Q4 2016

Shares 26,100 Value ($000) $1,456 Avg Close $54.32 Range $43.69 - $57.66

Q3 2016

Shares 26,100 Value ($000) $1,476 Avg Close $58.20 Range $54.38 - $61.68

Q2 2016

Shares 26,000 Value ($000) $1,440 Avg Close $53.92 Range $46.90 - $58.14

Q1 2016

Shares 25,900 Value ($000) $1,363 Avg Close $51.00 Range $45.15 - $55.67

Q4 2015

Shares 25,800 Value ($000) $1,451 Avg Close $60.28 Range $47.95 - $69.85

Q3 2015

Shares 30,000 Value ($000) $1,787 Avg Close $63.57 Range $55.99 - $70.00

Q2 2015

Shares 30,000 Value ($000) $1,972 Avg Close $65.43 Range $61.90 - $69.04

Q1 2015

Shares 29,900 Value ($000) $1,996 Avg Close $59.39 Range $52.36 - $66.93

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	13,318	$1,150	$85.48	$77.59 - $92.50
Q3 2025	13,418	$1,226	$81.03	$69.58 - $91.73
Q2 2025	13,518	$949	$70.25	$64.68 - $77.31
Q1 2025	13,518	$922	$71.24	$63.77 - $80.11
Q4 2024	14,218	$1,061	$81.59	$69.72 - $93.73
Q3 2024	14,318	$1,334	$89.38	$84.08 - $93.97
Q2 2024	14,618	$1,253	$84.02	$79.10 - $90.65
Q1 2024	15,018	$1,260	$82.26	$76.46 - $86.69
Q4 2023	14,618	$1,226	$79.77	$72.39 - $86.90
Q3 2023	14,518	$1,084	$81.40	$73.92 - $89.69
Q2 2023	15,018	$1,269	$82.24	$77.34 - $86.73
Q1 2023	15,318	$1,206	$77.00	$70.86 - $85.25
Q4 2022	15,418	$1,131	$64.52	$54.46 - $74.73
Q3 2022	15,218	$881	$62.33	$57.17 - $67.99
Q2 2022	15,618	$976	$67.61	$56.50 - $77.98
Q1 2022	15,718	$1,178	$76.52	$72.04 - $81.76
Q4 2021	15,592	$1,242	$81.73	$74.38 - $88.13
Q3 2021	15,392	$1,281	$85.66	$80.00 - $89.78
Q2 2021	15,492	$1,363	$91.62	$85.67 - $96.05
Q1 2021	22,792	$2,029	$81.76	$72.05 - $90.21
Q4 2020	22,392	$1,639	$70.93	$64.30 - $76.06
Q3 2020	22,292	$1,525	$73.56	$65.88 - $80.50
Q2 2020	22,292	$1,570	$67.24	$54.81 - $75.78
Q1 2020	462,500	$26,918	$67.90	$46.42 - $76.43
Q4 2019	463,600	$34,487	$75.14	$72.56 - $78.87
Q3 2019	18,500	$1,429	$75.91	$68.42 - $82.02
Q2 2019	18,900	$1,371	$72.56	$69.80 - $76.84
Q1 2019	22,700	$1,611	$70.11	$64.07 - $73.81
Q4 2018	22,900	$1,491	$65.81	$60.00 - $72.45
Q3 2018	23,800	$1,548	$64.92	$61.76 - $66.66
Q2 2018	24,000	$1,491	$64.82	$60.27 - $71.05
Q1 2018	23,800	$1,588	$67.99	$62.67 - $72.71
Q4 2017	23,400	$1,675	$67.34	$62.52 - $72.54
Q3 2017	24,400	$1,574	$61.30	$58.58 - $65.37
Q2 2017	26,700	$1,672	$62.06	$57.12 - $64.97
Q1 2017	26,300	$1,636	$58.78	$51.74 - $62.78
Q4 2016	26,100	$1,456	$54.32	$43.69 - $57.66
Q3 2016	26,100	$1,476	$58.20	$54.38 - $61.68
Q2 2016	26,000	$1,440	$53.92	$46.90 - $58.14
Q1 2016	25,900	$1,363	$51.00	$45.15 - $55.67
Q4 2015	25,800	$1,451	$60.28	$47.95 - $69.85
Q3 2015	30,000	$1,787	$63.57	$55.99 - $70.00
Q2 2015	30,000	$1,972	$65.43	$61.90 - $69.04
Q1 2015	29,900	$1,996	$59.39	$52.36 - $66.93