NVIDIA CORPORATION

Ticker: NVDA CUSIP: 67066G104 Class: COM

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

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

Q4 2025

Shares 8,060,260 Value ($000) $1,503,238 Avg Close $186.13 Range $169.54 - $212.18

Q3 2025

Shares 8,358,960 Value ($000) $1,559,615 Avg Close $174.29 Range $151.47 - $187.34

Q2 2025

Shares 8,440,160 Value ($000) $1,333,461 Avg Close $125.82 Range $86.60 - $158.69

Q1 2025

Shares 8,445,560 Value ($000) $915,330 Avg Close $126.71 Range $103.63 - $153.09

Q4 2024

Shares 8,459,560 Value ($000) $1,136,034 Avg Close $137.79 Range $115.10 - $152.84

Q3 2024

Shares 8,714,660 Value ($000) $1,058,308 Avg Close $118.07 Range $90.65 - $136.09

Q2 2024

Shares 8,850,860 Value ($000) $1,093,435 Avg Close $101.05 Range $75.57 - $140.70

Q1 2024

Shares 905,506 Value ($000) $818,179 Avg Close $72.44 Range $47.29 - $97.35

Q4 2023

Shares 905,006 Value ($000) $448,177 Avg Close $46.31 Range $39.20 - $50.52

Q3 2023

Shares 908,606 Value ($000) $395,235 Avg Close $44.77 Range $40.28 - $50.23

Q2 2023

Shares 906,706 Value ($000) $383,555 Avg Close $33.17 Range $26.20 - $43.96

Q1 2023

Shares 801,806 Value ($000) $222,718 Avg Close $21.62 Range $14.02 - $27.81

Q4 2022

Shares 802,906 Value ($000) $117,337 Avg Close $14.65 Range $10.80 - $18.77

Q3 2022

Shares 883,906 Value ($000) $107,297 Avg Close $15.79 Range $11.93 - $19.24

Q2 2022

Shares 981,824 Value ($000) $148,835 Avg Close $18.84 Range $14.84 - $27.51

Q1 2022

Shares 884,506 Value ($000) $241,346 Avg Close $25.03 Range $20.61 - $30.65

Q4 2021

Shares 839,304 Value ($000) $246,848 Avg Close $27.46 Range $19.51 - $34.58

Q3 2021

Shares 842,484 Value ($000) $174,529 Avg Close $20.72 Range $17.83 - $22.99

Q2 2021

Shares 210,771 Value ($000) $168,638 Avg Close $15.99 Range $13.43 - $20.12

Q1 2021

Shares 210,571 Value ($000) $112,430 Avg Close $13.40 Range $11.53 - $15.33

Q4 2020

Shares 195,671 Value ($000) $102,179 Avg Close $13.35 Range $12.26 - $14.65

Q3 2020

Shares 157,471 Value ($000) $85,226 Avg Close $11.60 Range $9.38 - $14.68

Q2 2020

Shares 157,071 Value ($000) $59,673 Avg Close $8.06 Range $5.94 - $9.61

Q1 2020

Shares 140,792 Value ($000) $37,113 Avg Close $6.28 Range $4.50 - $7.87

Q4 2019

Shares 147,992 Value ($000) $34,823 Avg Close $5.18 Range $4.23 - $6.02

Q3 2019

Shares 146,392 Value ($000) $25,482 Avg Close $4.18 Range $3.66 - $4.69

Q2 2019

Shares 145,792 Value ($000) $23,943 Avg Close $4.12 Range $3.29 - $4.80

Q1 2019

Shares 174,592 Value ($000) $31,350 Avg Close $3.85 Range $3.17 - $4.59

Q4 2018

Shares 174,592 Value ($000) $23,308 Avg Close $4.74 Range $3.09 - $7.25

Q3 2018

Shares 181,192 Value ($000) $50,919 Avg Close $6.44 Range $5.77 - $7.06

Q2 2018

Shares 179,692 Value ($000) $42,569 Avg Close $6.01 Range $5.20 - $6.66

Q1 2018

Shares 178,092 Value ($000) $41,244 Avg Close $5.81 Range $4.81 - $6.30

Q4 2017

Shares 177,592 Value ($000) $34,364 Avg Close $4.91 Range $4.37 - $5.40

Q3 2017

Shares 182,092 Value ($000) $32,553 Avg Close $4.11 Range $3.42 - $4.72

Q2 2017

Shares 195,592 Value ($000) $28,275 Avg Close $3.13 Range $2.35 - $4.16

Q1 2017

Shares 443,492 Value ($000) $48,310 Avg Close $2.62 Range $2.35 - $2.98

Q4 2016

Shares 411,292 Value ($000) $43,901 Avg Close $2.06 Range $1.57 - $2.95

Q3 2016

Shares 186,708 Value ($000) $12,793 Avg Close $1.45 Range $1.13 - $1.70

Q2 2016

Shares 176,208 Value ($000) $8,284 Avg Close $1.01 Range $0.84 - $1.19

Q1 2016

Shares 176,008 Value ($000) $6,271 Avg Close $0.75 Range $0.60 - $0.89

Q4 2015

Shares 174,808 Value ($000) $5,762 Avg Close $0.73 Range $0.57 - $0.83

Q3 2015

Shares 184,808 Value ($000) $4,556 Avg Close $0.52 Range $0.46 - $0.60

Q2 2015

Shares 198,208 Value ($000) $3,986 Avg Close $0.52 Range $0.48 - $0.55

Q1 2015

Shares 199,208 Value ($000) $4,168 Avg Close $0.51 Range $0.45 - $0.57

Q4 2014

Shares 212,708 Value ($000) $4,265 Avg Close $0.47 Range $0.40 - $0.51

Q3 2014

Shares 211,008 Value ($000) $3,893 Avg Close $0.45 Range $0.41 - $0.48

Q2 2014

Shares 228,608 Value ($000) $4,238 Avg Close $0.44 Range $0.42 - $0.47

Q1 2014

Shares 226,208 Value ($000) $4,051 Avg Close $0.40 Range $0.36 - $0.45

Q4 2013

Shares 235,208 Value ($000) $3,768 Avg Close $0.36 Range $0.34 - $0.38

Q3 2013

Shares 235,308 Value ($000) $3,661 Avg Close $0.35 Range $0.31 - $0.38

Q2 2013

Shares 234,708 Value ($000) $3,293 Avg Close $0.32 Range $0.28 - $0.36

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	8,060,260	$1,503,238	$186.13	$169.54 - $212.18
Q3 2025	8,358,960	$1,559,615	$174.29	$151.47 - $187.34
Q2 2025	8,440,160	$1,333,461	$125.82	$86.60 - $158.69
Q1 2025	8,445,560	$915,330	$126.71	$103.63 - $153.09
Q4 2024	8,459,560	$1,136,034	$137.79	$115.10 - $152.84
Q3 2024	8,714,660	$1,058,308	$118.07	$90.65 - $136.09
Q2 2024	8,850,860	$1,093,435	$101.05	$75.57 - $140.70
Q1 2024	905,506	$818,179	$72.44	$47.29 - $97.35
Q4 2023	905,006	$448,177	$46.31	$39.20 - $50.52
Q3 2023	908,606	$395,235	$44.77	$40.28 - $50.23
Q2 2023	906,706	$383,555	$33.17	$26.20 - $43.96
Q1 2023	801,806	$222,718	$21.62	$14.02 - $27.81
Q4 2022	802,906	$117,337	$14.65	$10.80 - $18.77
Q3 2022	883,906	$107,297	$15.79	$11.93 - $19.24
Q2 2022	981,824	$148,835	$18.84	$14.84 - $27.51
Q1 2022	884,506	$241,346	$25.03	$20.61 - $30.65
Q4 2021	839,304	$246,848	$27.46	$19.51 - $34.58
Q3 2021	842,484	$174,529	$20.72	$17.83 - $22.99
Q2 2021	210,771	$168,638	$15.99	$13.43 - $20.12
Q1 2021	210,571	$112,430	$13.40	$11.53 - $15.33
Q4 2020	195,671	$102,179	$13.35	$12.26 - $14.65
Q3 2020	157,471	$85,226	$11.60	$9.38 - $14.68
Q2 2020	157,071	$59,673	$8.06	$5.94 - $9.61
Q1 2020	140,792	$37,113	$6.28	$4.50 - $7.87
Q4 2019	147,992	$34,823	$5.18	$4.23 - $6.02
Q3 2019	146,392	$25,482	$4.18	$3.66 - $4.69
Q2 2019	145,792	$23,943	$4.12	$3.29 - $4.80
Q1 2019	174,592	$31,350	$3.85	$3.17 - $4.59
Q4 2018	174,592	$23,308	$4.74	$3.09 - $7.25
Q3 2018	181,192	$50,919	$6.44	$5.77 - $7.06
Q2 2018	179,692	$42,569	$6.01	$5.20 - $6.66
Q1 2018	178,092	$41,244	$5.81	$4.81 - $6.30
Q4 2017	177,592	$34,364	$4.91	$4.37 - $5.40
Q3 2017	182,092	$32,553	$4.11	$3.42 - $4.72
Q2 2017	195,592	$28,275	$3.13	$2.35 - $4.16
Q1 2017	443,492	$48,310	$2.62	$2.35 - $2.98
Q4 2016	411,292	$43,901	$2.06	$1.57 - $2.95
Q3 2016	186,708	$12,793	$1.45	$1.13 - $1.70
Q2 2016	176,208	$8,284	$1.01	$0.84 - $1.19
Q1 2016	176,008	$6,271	$0.75	$0.60 - $0.89
Q4 2015	174,808	$5,762	$0.73	$0.57 - $0.83
Q3 2015	184,808	$4,556	$0.52	$0.46 - $0.60
Q2 2015	198,208	$3,986	$0.52	$0.48 - $0.55
Q1 2015	199,208	$4,168	$0.51	$0.45 - $0.57
Q4 2014	212,708	$4,265	$0.47	$0.40 - $0.51
Q3 2014	211,008	$3,893	$0.45	$0.41 - $0.48
Q2 2014	228,608	$4,238	$0.44	$0.42 - $0.47
Q1 2014	226,208	$4,051	$0.40	$0.36 - $0.45
Q4 2013	235,208	$3,768	$0.36	$0.34 - $0.38
Q3 2013	235,308	$3,661	$0.35	$0.31 - $0.38
Q2 2013	234,708	$3,293	$0.32	$0.28 - $0.36