PAYCOM SOFTWARE INC

Ticker: PAYC CUSIP: 70432V102 Class: EQTY

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

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

Q4 2025

Shares 13,773 Value ($000) $2,195 Avg Close $176.93 Range $156.14 - $208.02

Q3 2025

Shares 14,273 Value ($000) $2,971 Avg Close $224.53 Range $206.70 - $247.98

Q2 2025

Shares 14,273 Value ($000) $3,303 Avg Close $235.94 Range $184.50 - $266.71

Q1 2025

Shares 13,773 Value ($000) $3,009 Avg Close $209.54 Range $195.72 - $227.23

Q4 2024

Shares 14,173 Value ($000) $2,905 Avg Close $202.05 Range $158.43 - $241.01

Q3 2024

Shares 14,173 Value ($000) $2,361 Avg Close $158.40 Range $137.96 - $176.93

Q2 2024

Shares 14,073 Value ($000) $2,013 Avg Close $169.33 Range $138.15 - $205.26

Q1 2024

Shares 13,173 Value ($000) $2,622 Avg Close $188.48 Range $168.65 - $204.73

Q4 2023

Shares 13,473 Value ($000) $2,785 Avg Close $207.95 Range $143.63 - $275.13

Q3 2023

Shares 165,153 Value ($000) $42,819 Avg Close $299.32 Range $247.77 - $367.11

Q2 2023

Shares 165,353 Value ($000) $53,118 Avg Close $289.15 Range $256.91 - $322.78

Q1 2023

Shares 129,653 Value ($000) $39,416 Avg Close $295.02 Range $260.39 - $355.17

Q4 2022

Shares 129,553 Value ($000) $40,202 Avg Close $316.26 Range $284.92 - $350.10

Q3 2022

Shares 102,753 Value ($000) $33,907 Avg Close $337.49 Range $274.30 - $394.78

Q2 2022

Shares 13,653 Value ($000) $3,824 Avg Close $289.25 Range $250.74 - $356.58

Q1 2022

Shares 12,953 Value ($000) $4,487 Avg Close $328.71 Range $278.27 - $407.82

Q4 2021

Shares 12,852 Value ($000) $5,336 Avg Close $464.08 Range $381.47 - $547.87

Q3 2021

Shares 12,372 Value ($000) $6,133 Avg Close $436.77 Range $351.69 - $505.28

Q2 2021

Shares 12,672 Value ($000) $4,606 Avg Close $347.43 Range $296.43 - $396.73

Q1 2021

Shares 12,672 Value ($000) $4,689 Avg Close $386.34 Range $334.07 - $441.22

Q4 2020

Shares 12,672 Value ($000) $5,731 Avg Close $390.57 Range $307.30 - $461.73

Q3 2020

Shares 12,872 Value ($000) $4,007 Avg Close $286.30 Range $252.75 - $322.88

Q2 2020

Shares 12,272 Value ($000) $3,801 Avg Close $260.88 Range $160.18 - $330.17

Q1 2020

Shares 11,200 Value ($000) $2,263 Avg Close $268.65 Range $170.20 - $335.21

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	13,773	$2,195	$176.93	$156.14 - $208.02
Q3 2025	14,273	$2,971	$224.53	$206.70 - $247.98
Q2 2025	14,273	$3,303	$235.94	$184.50 - $266.71
Q1 2025	13,773	$3,009	$209.54	$195.72 - $227.23
Q4 2024	14,173	$2,905	$202.05	$158.43 - $241.01
Q3 2024	14,173	$2,361	$158.40	$137.96 - $176.93
Q2 2024	14,073	$2,013	$169.33	$138.15 - $205.26
Q1 2024	13,173	$2,622	$188.48	$168.65 - $204.73
Q4 2023	13,473	$2,785	$207.95	$143.63 - $275.13
Q3 2023	165,153	$42,819	$299.32	$247.77 - $367.11
Q2 2023	165,353	$53,118	$289.15	$256.91 - $322.78
Q1 2023	129,653	$39,416	$295.02	$260.39 - $355.17
Q4 2022	129,553	$40,202	$316.26	$284.92 - $350.10
Q3 2022	102,753	$33,907	$337.49	$274.30 - $394.78
Q2 2022	13,653	$3,824	$289.25	$250.74 - $356.58
Q1 2022	12,953	$4,487	$328.71	$278.27 - $407.82
Q4 2021	12,852	$5,336	$464.08	$381.47 - $547.87
Q3 2021	12,372	$6,133	$436.77	$351.69 - $505.28
Q2 2021	12,672	$4,606	$347.43	$296.43 - $396.73
Q1 2021	12,672	$4,689	$386.34	$334.07 - $441.22
Q4 2020	12,672	$5,731	$390.57	$307.30 - $461.73
Q3 2020	12,872	$4,007	$286.30	$252.75 - $322.88
Q2 2020	12,272	$3,801	$260.88	$160.18 - $330.17
Q1 2020	11,200	$2,263	$268.65	$170.20 - $335.21