MONARCH CASINO & RESORT INC

Ticker: MCRI CUSIP: 609027107 Class: Common Stock

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

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

Q1 2020

Shares 3,650 Value ($000) $102 Avg Close $43.86 Range $12.83 - $57.57

Q4 2019

Shares 3,650 Value ($000) $177 Avg Close $44.45 Range $40.83 - $49.86

Q3 2019

Shares 3,580 Value ($000) $149 Avg Close $44.56 Range $41.23 - $48.71

Q2 2019

Shares 3,520 Value ($000) $150 Avg Close $43.75 Range $40.78 - $47.69

Q1 2019

Shares 3,440 Value ($000) $151 Avg Close $42.94 Range $37.36 - $45.46

Q4 2018

Shares 3,360 Value ($000) $128 Avg Close $40.62 Range $34.45 - $46.60

Q2 2018

Shares 3,210 Value ($000) $141 Avg Close $44.03 Range $40.53 - $47.77

Q1 2018

Shares 4,540 Value ($000) $192 Avg Close $43.87 Range $40.89 - $46.59

Q4 2017

Shares 4,260 Value ($000) $191 Avg Close $44.35 Range $39.31 - $47.92

Q3 2017

Shares 6,730 Value ($000) $266 Avg Close $33.73 Range $29.37 - $39.79

Q2 2017

Shares 5,190 Value ($000) $157 Avg Close $30.14 Range $28.47 - $32.55

Q1 2017

Shares 19,170 Value ($000) $565 Avg Close $25.87 Range $23.10 - $30.09

Q4 2016

Shares 19,170 Value ($000) $494 Avg Close $24.78 Range $21.13 - $27.16

Q3 2016

Shares 19,470 Value ($000) $491 Avg Close $23.48 Range $20.94 - $25.43

Q2 2016

Shares 19,420 Value ($000) $427 Avg Close $20.51 Range $18.50 - $23.22

Q1 2016

Shares 19,330 Value ($000) $376 Avg Close $20.01 Range $17.29 - $23.09

Q4 2015

Shares 16,020 Value ($000) $364 Avg Close $21.23 Range $17.21 - $23.54

Q3 2015

Shares 15,840 Value ($000) $285 Avg Close $18.82 Range $16.45 - $21.19

Q2 2015

Shares 1,920 Value ($000) $39 Avg Close $19.70 Range $17.77 - $22.30

Q1 2015

Shares 1,900 Value ($000) $36 Avg Close $17.87 Range $15.59 - $19.63

Q4 2014

Shares 2,500 Value ($000) $41 Avg Close $15.17 Range $11.22 - $17.73

Q3 2014

Shares 16,000 Value ($000) $191 Avg Close $13.21 Range $11.90 - $16.23

Q2 2014

Shares 15,900 Value ($000) $240 Avg Close $16.20 Range $14.38 - $19.72

Q1 2014

Shares 15,900 Value ($000) $295 Avg Close $18.74 Range $17.20 - $20.39

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	3,650	$102	$43.86	$12.83 - $57.57
Q4 2019	3,650	$177	$44.45	$40.83 - $49.86
Q3 2019	3,580	$149	$44.56	$41.23 - $48.71
Q2 2019	3,520	$150	$43.75	$40.78 - $47.69
Q1 2019	3,440	$151	$42.94	$37.36 - $45.46
Q4 2018	3,360	$128	$40.62	$34.45 - $46.60
Q2 2018	3,210	$141	$44.03	$40.53 - $47.77
Q1 2018	4,540	$192	$43.87	$40.89 - $46.59
Q4 2017	4,260	$191	$44.35	$39.31 - $47.92
Q3 2017	6,730	$266	$33.73	$29.37 - $39.79
Q2 2017	5,190	$157	$30.14	$28.47 - $32.55
Q1 2017	19,170	$565	$25.87	$23.10 - $30.09
Q4 2016	19,170	$494	$24.78	$21.13 - $27.16
Q3 2016	19,470	$491	$23.48	$20.94 - $25.43
Q2 2016	19,420	$427	$20.51	$18.50 - $23.22
Q1 2016	19,330	$376	$20.01	$17.29 - $23.09
Q4 2015	16,020	$364	$21.23	$17.21 - $23.54
Q3 2015	15,840	$285	$18.82	$16.45 - $21.19
Q2 2015	1,920	$39	$19.70	$17.77 - $22.30
Q1 2015	1,900	$36	$17.87	$15.59 - $19.63
Q4 2014	2,500	$41	$15.17	$11.22 - $17.73
Q3 2014	16,000	$191	$13.21	$11.90 - $16.23
Q2 2014	15,900	$240	$16.20	$14.38 - $19.72
Q1 2014	15,900	$295	$18.74	$17.20 - $20.39