PROGRESSIVE CORP

Ticker: PGR CUSIP: 743315103 Class: COM

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

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

Q2 2020

Shares 13,050 Value ($000) $1,045 Avg Close $66.35 Range $60.04 - $71.26

Q1 2020

Shares 8,380 Value ($000) $619 Avg Close $65.34 Range $52.79 - $71.48

Q4 2019

Shares 8,280 Value ($000) $599 Avg Close $59.30 Range $55.06 - $63.94

Q3 2019

Shares 8,200 Value ($000) $633 Avg Close $64.62 Range $58.47 - $69.80

Q2 2019

Shares 8,090 Value ($000) $647 Avg Close $63.47 Range $58.58 - $69.17

Q1 2019

Shares 27,160 Value ($000) $1,958 Avg Close $55.48 Range $45.83 - $60.46

Q4 2018

Shares 34,930 Value ($000) $2,108 Avg Close $52.48 Range $44.73 - $58.13

Q2 2018

Shares 29,730 Value ($000) $1,758 Avg Close $48.29 Range $45.84 - $51.09

Q1 2018

Shares 41,560 Value ($000) $2,532 Avg Close $44.72 Range $40.06 - $49.49

Q4 2017

Shares 41,560 Value ($000) $2,340 Avg Close $39.96 Range $36.99 - $44.17

Q3 2017

Shares 15,030 Value ($000) $728 Avg Close $36.13 Range $33.67 - $37.85

Q2 2017

Shares 18,560 Value ($000) $818 Avg Close $32.08 Range $29.82 - $34.78

Q1 2017

Shares 59,760 Value ($000) $2,341 Avg Close $29.31 Range $26.72 - $31.47

Q4 2016

Shares 59,760 Value ($000) $2,122 Avg Close $25.08 Range $23.23 - $27.26

Q3 2016

Shares 18,560 Value ($000) $585 Avg Close $24.69 Range $23.16 - $26.00

Q2 2016

Shares 18,620 Value ($000) $624 Avg Close $25.09 Range $23.61 - $26.95

Q1 2016

Shares 41,050 Value ($000) $1,443 Avg Close $24.04 Range $21.60 - $26.75

Q4 2015

Shares 40,520 Value ($000) $1,289 Avg Close $23.41 Range $22.17 - $25.01

Q3 2015

Shares 40,520 Value ($000) $1,241 Avg Close $22.26 Range $20.06 - $23.36

Q2 2015

Shares 45,350 Value ($000) $1,262 Avg Close $20.09 Range $19.48 - $21.00

Q1 2015

Shares 15,800 Value ($000) $430 Avg Close $19.50 Range $18.59 - $20.56

Q4 2014

Shares 18,900 Value ($000) $510 Avg Close $18.92 Range $17.33 - $19.74

Q3 2014

Shares 18,900 Value ($000) $478 Avg Close $17.67 Range $16.64 - $18.38

Q2 2014

Shares 18,900 Value ($000) $479 Avg Close $17.77 Range $16.79 - $18.67

Q1 2014

Shares 18,900 Value ($000) $458 Avg Close $17.14 Range $16.16 - $18.40

Q4 2013

Shares 18,500 Value ($000) $504 Avg Close $18.18 Range $17.40 - $19.24

Q3 2013

Shares 18,500 Value ($000) $504 Avg Close $17.48 Range $16.76 - $18.57

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	13,050	$1,045	$66.35	$60.04 - $71.26
Q1 2020	8,380	$619	$65.34	$52.79 - $71.48
Q4 2019	8,280	$599	$59.30	$55.06 - $63.94
Q3 2019	8,200	$633	$64.62	$58.47 - $69.80
Q2 2019	8,090	$647	$63.47	$58.58 - $69.17
Q1 2019	27,160	$1,958	$55.48	$45.83 - $60.46
Q4 2018	34,930	$2,108	$52.48	$44.73 - $58.13
Q2 2018	29,730	$1,758	$48.29	$45.84 - $51.09
Q1 2018	41,560	$2,532	$44.72	$40.06 - $49.49
Q4 2017	41,560	$2,340	$39.96	$36.99 - $44.17
Q3 2017	15,030	$728	$36.13	$33.67 - $37.85
Q2 2017	18,560	$818	$32.08	$29.82 - $34.78
Q1 2017	59,760	$2,341	$29.31	$26.72 - $31.47
Q4 2016	59,760	$2,122	$25.08	$23.23 - $27.26
Q3 2016	18,560	$585	$24.69	$23.16 - $26.00
Q2 2016	18,620	$624	$25.09	$23.61 - $26.95
Q1 2016	41,050	$1,443	$24.04	$21.60 - $26.75
Q4 2015	40,520	$1,289	$23.41	$22.17 - $25.01
Q3 2015	40,520	$1,241	$22.26	$20.06 - $23.36
Q2 2015	45,350	$1,262	$20.09	$19.48 - $21.00
Q1 2015	15,800	$430	$19.50	$18.59 - $20.56
Q4 2014	18,900	$510	$18.92	$17.33 - $19.74
Q3 2014	18,900	$478	$17.67	$16.64 - $18.38
Q2 2014	18,900	$479	$17.77	$16.79 - $18.67
Q1 2014	18,900	$458	$17.14	$16.16 - $18.40
Q4 2013	18,500	$504	$18.18	$17.40 - $19.24
Q3 2013	18,500	$504	$17.48	$16.76 - $18.57