TYLER TECHNOLOGIES INC

Ticker: TYL CUSIP: 902252105 Class: EQTY

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

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

Q4 2025

Shares 11,237 Value ($000) $5,101 Avg Close $476.40 Range $445.64 - $525.06

Q3 2025

Shares 11,737 Value ($000) $6,140 Avg Close $561.33 Range $516.77 - $621.34

Q2 2025

Shares 11,737 Value ($000) $6,958 Avg Close $566.34 Range $513.52 - $594.05

Q1 2025

Shares 11,637 Value ($000) $6,766 Avg Close $593.87 Range $552.27 - $661.31

Q4 2024

Shares 11,637 Value ($000) $6,710 Avg Close $604.28 Range $573.55 - $638.56

Q3 2024

Shares 11,637 Value ($000) $6,793 Avg Close $563.06 Range $495.21 - $598.93

Q2 2024

Shares 11,637 Value ($000) $5,851 Avg Close $460.76 Range $397.80 - $506.07

Q1 2024

Shares 11,537 Value ($000) $4,903 Avg Close $427.12 Range $398.63 - $454.74

Q4 2023

Shares 11,537 Value ($000) $4,824 Avg Close $399.79 Range $361.16 - $424.33

Q3 2023

Shares 11,537 Value ($000) $4,455 Avg Close $392.65 Range $370.01 - $426.83

Q2 2023

Shares 11,537 Value ($000) $4,805 Avg Close $385.06 Range $342.59 - $418.91

Q1 2023

Shares 11,437 Value ($000) $4,056 Avg Close $325.31 Range $301.69 - $356.54

Q4 2022

Shares 11,337 Value ($000) $3,655 Avg Close $326.65 Range $281.11 - $371.44

Q3 2022

Shares 11,237 Value ($000) $3,905 Avg Close $371.92 Range $313.35 - $425.81

Q2 2022

Shares 11,237 Value ($000) $3,736 Avg Close $366.34 Range $300.85 - $450.96

Q1 2022

Shares 10,337 Value ($000) $4,599 Avg Close $449.60 Range $385.00 - $538.96

Q4 2021

Shares 10,300 Value ($000) $5,541 Avg Close $517.68 Range $452.26 - $557.55

Q3 2021

Shares 10,300 Value ($000) $4,724 Avg Close $477.57 Range $450.20 - $498.98

Q2 2021

Shares 10,200 Value ($000) $4,614 Avg Close $424.94 Range $384.38 - $457.30

Q1 2021

Shares 10,200 Value ($000) $4,330 Avg Close $432.02 Range $372.80 - $479.79

Q4 2020

Shares 10,100 Value ($000) $4,409 Avg Close $412.56 Range $346.45 - $466.21

Q3 2020

Shares 10,300 Value ($000) $3,590 Avg Close $345.80 Range $319.58 - $374.98

Q2 2020

Shares 10,200 Value ($000) $3,538 Avg Close $335.55 Range $275.38 - $382.92

Q1 2020

Shares 10,800 Value ($000) $3,203 Avg Close $309.88 Range $247.22 - $340.80

Q4 2019

Shares 11,500 Value ($000) $3,450 Avg Close $278.52 Range $245.00 - $301.39

Q3 2019

Shares 11,200 Value ($000) $2,940 Avg Close $244.91 Range $217.19 - $265.00

Q2 2019

Shares 11,300 Value ($000) $2,441 Avg Close $216.93 Range $203.77 - $233.15

Q1 2019

Shares 13,700 Value ($000) $2,800 Avg Close $198.07 Range $176.27 - $217.89

Q4 2018

Shares 13,800 Value ($000) $2,564 Avg Close $197.58 Range $173.26 - $246.62

Q3 2018

Shares 14,300 Value ($000) $3,504 Avg Close $237.85 Range $219.59 - $252.47

Q2 2018

Shares 13,100 Value ($000) $2,910 Avg Close $224.90 Range $201.91 - $240.35

Q1 2018

Shares 12,800 Value ($000) $2,700 Avg Close $200.06 Range $176.93 - $214.33

Q4 2017

Shares 12,600 Value ($000) $2,231 Avg Close $177.53 Range $168.12 - $188.22

Q3 2017

Shares 13,000 Value ($000) $2,266 Avg Close $171.84 Range $165.14 - $182.49

Q2 2017

Shares 13,900 Value ($000) $2,442 Avg Close $166.17 Range $152.00 - $178.09

Q1 2017

Shares 13,600 Value ($000) $2,102 Avg Close $152.11 Range $142.75 - $166.86

Q4 2016

Shares 13,400 Value ($000) $1,913 Avg Close $155.19 Range $139.61 - $172.24

Q3 2016

Shares 13,300 Value ($000) $2,277 Avg Close $166.67 Range $159.24 - $175.77

Q2 2016

Shares 13,000 Value ($000) $2,167 Avg Close $147.65 Range $126.70 - $168.19

Q1 2016

Shares 13,100 Value ($000) $1,685 Avg Close $138.99 Range $118.16 - $172.50

Q4 2015

Shares 12,800 Value ($000) $2,231 Avg Close $172.84 Range $150.00 - $184.01

Q3 2015

Shares 15,400 Value ($000) $2,299 Avg Close $140.57 Range $127.25 - $152.91

Q2 2015

Shares 15,300 Value ($000) $1,980 Avg Close $124.21 Range $118.05 - $133.54

Q1 2015

Shares 15,200 Value ($000) $1,832 Avg Close $114.53 Range $103.18 - $125.84

Q4 2014

Shares 15,700 Value ($000) $1,718 Avg Close $105.62 Range $86.05 - $115.37

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	11,237	$5,101	$476.40	$445.64 - $525.06
Q3 2025	11,737	$6,140	$561.33	$516.77 - $621.34
Q2 2025	11,737	$6,958	$566.34	$513.52 - $594.05
Q1 2025	11,637	$6,766	$593.87	$552.27 - $661.31
Q4 2024	11,637	$6,710	$604.28	$573.55 - $638.56
Q3 2024	11,637	$6,793	$563.06	$495.21 - $598.93
Q2 2024	11,637	$5,851	$460.76	$397.80 - $506.07
Q1 2024	11,537	$4,903	$427.12	$398.63 - $454.74
Q4 2023	11,537	$4,824	$399.79	$361.16 - $424.33
Q3 2023	11,537	$4,455	$392.65	$370.01 - $426.83
Q2 2023	11,537	$4,805	$385.06	$342.59 - $418.91
Q1 2023	11,437	$4,056	$325.31	$301.69 - $356.54
Q4 2022	11,337	$3,655	$326.65	$281.11 - $371.44
Q3 2022	11,237	$3,905	$371.92	$313.35 - $425.81
Q2 2022	11,237	$3,736	$366.34	$300.85 - $450.96
Q1 2022	10,337	$4,599	$449.60	$385.00 - $538.96
Q4 2021	10,300	$5,541	$517.68	$452.26 - $557.55
Q3 2021	10,300	$4,724	$477.57	$450.20 - $498.98
Q2 2021	10,200	$4,614	$424.94	$384.38 - $457.30
Q1 2021	10,200	$4,330	$432.02	$372.80 - $479.79
Q4 2020	10,100	$4,409	$412.56	$346.45 - $466.21
Q3 2020	10,300	$3,590	$345.80	$319.58 - $374.98
Q2 2020	10,200	$3,538	$335.55	$275.38 - $382.92
Q1 2020	10,800	$3,203	$309.88	$247.22 - $340.80
Q4 2019	11,500	$3,450	$278.52	$245.00 - $301.39
Q3 2019	11,200	$2,940	$244.91	$217.19 - $265.00
Q2 2019	11,300	$2,441	$216.93	$203.77 - $233.15
Q1 2019	13,700	$2,800	$198.07	$176.27 - $217.89
Q4 2018	13,800	$2,564	$197.58	$173.26 - $246.62
Q3 2018	14,300	$3,504	$237.85	$219.59 - $252.47
Q2 2018	13,100	$2,910	$224.90	$201.91 - $240.35
Q1 2018	12,800	$2,700	$200.06	$176.93 - $214.33
Q4 2017	12,600	$2,231	$177.53	$168.12 - $188.22
Q3 2017	13,000	$2,266	$171.84	$165.14 - $182.49
Q2 2017	13,900	$2,442	$166.17	$152.00 - $178.09
Q1 2017	13,600	$2,102	$152.11	$142.75 - $166.86
Q4 2016	13,400	$1,913	$155.19	$139.61 - $172.24
Q3 2016	13,300	$2,277	$166.67	$159.24 - $175.77
Q2 2016	13,000	$2,167	$147.65	$126.70 - $168.19
Q1 2016	13,100	$1,685	$138.99	$118.16 - $172.50
Q4 2015	12,800	$2,231	$172.84	$150.00 - $184.01
Q3 2015	15,400	$2,299	$140.57	$127.25 - $152.91
Q2 2015	15,300	$1,980	$124.21	$118.05 - $133.54
Q1 2015	15,200	$1,832	$114.53	$103.18 - $125.84
Q4 2014	15,700	$1,718	$105.62	$86.05 - $115.37