UDR INC

Ticker: UDR CUSIP: 902653104 Class: EQTY

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

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

Q4 2025

Shares 78,745 Value ($000) $2,888 Avg Close $35.52 Range $32.94 - $37.05

Q3 2025

Shares 81,545 Value ($000) $3,038 Avg Close $38.50 Range $36.21 - $40.95

Q2 2025

Shares 81,945 Value ($000) $3,346 Avg Close $40.44 Range $35.42 - $44.08

Q1 2025

Shares 81,645 Value ($000) $3,688 Avg Close $41.39 Range $38.53 - $44.96

Q4 2024

Shares 81,445 Value ($000) $3,536 Avg Close $42.30 Range $39.30 - $44.64

Q3 2024

Shares 81,745 Value ($000) $3,706 Avg Close $40.60 Range $37.42 - $45.09

Q2 2024

Shares 82,945 Value ($000) $3,413 Avg Close $36.13 Range $32.98 - $38.92

Q1 2024

Shares 82,945 Value ($000) $3,103 Avg Close $34.10 Range $31.72 - $36.28

Q4 2023

Shares 82,845 Value ($000) $3,172 Avg Close $31.90 Range $28.40 - $35.64

Q3 2023

Shares 83,145 Value ($000) $2,966 Avg Close $36.13 Range $31.96 - $39.92

Q2 2023

Shares 85,045 Value ($000) $3,654 Avg Close $36.93 Range $34.46 - $39.21

Q1 2023

Shares 84,945 Value ($000) $3,488 Avg Close $36.70 Range $33.06 - $40.41

Q4 2022

Shares 83,145 Value ($000) $3,220 Avg Close $34.74 Range $32.71 - $37.36

Q3 2022

Shares 82,645 Value ($000) $3,447 Avg Close $39.97 Range $35.22 - $44.14

Q2 2022

Shares 80,745 Value ($000) $3,717 Avg Close $43.55 Range $36.30 - $51.86

Q1 2022

Shares 75,445 Value ($000) $4,328 Avg Close $48.72 Range $45.22 - $52.11

Q4 2021

Shares 73,152 Value ($000) $4,388 Avg Close $48.00 Range $44.42 - $51.56

Q3 2021

Shares 70,052 Value ($000) $3,711 Avg Close $45.26 Range $41.11 - $47.73

Q2 2021

Shares 74,652 Value ($000) $3,656 Avg Close $39.57 Range $36.06 - $42.59

Q1 2021

Shares 74,452 Value ($000) $3,265 Avg Close $34.51 Range $30.37 - $38.42

Q4 2020

Shares 74,052 Value ($000) $2,846 Avg Close $30.14 Range $24.26 - $34.15

Q3 2020

Shares 75,252 Value ($000) $2,454 Avg Close $28.71 Range $25.88 - $32.26

Q2 2020

Shares 75,352 Value ($000) $2,817 Avg Close $30.23 Range $24.94 - $34.82

Q1 2020

Shares 67,204 Value ($000) $2,456 Avg Close $36.28 Range $23.42 - $41.11

Q4 2019

Shares 70,904 Value ($000) $3,311 Avg Close $38.20 Range $36.14 - $40.29

Q3 2019

Shares 70,404 Value ($000) $3,413 Avg Close $37.21 Range $34.70 - $38.79

Q2 2019

Shares 67,504 Value ($000) $3,030 Avg Close $35.31 Range $33.77 - $36.97

Q1 2019

Shares 79,404 Value ($000) $3,610 Avg Close $33.79 Range $29.49 - $35.65

Q4 2018

Shares 78,904 Value ($000) $3,126 Avg Close $31.19 Range $29.25 - $33.20

Q3 2018

Shares 79,804 Value ($000) $3,226 Avg Close $29.80 Range $27.89 - $31.44

Q2 2018

Shares 79,204 Value ($000) $2,973 Avg Close $27.46 Range $26.19 - $28.72

Q1 2018

Shares 78,904 Value ($000) $2,811 Avg Close $26.50 Range $24.75 - $28.85

Q4 2017

Shares 78,404 Value ($000) $3,020 Avg Close $29.01 Range $27.91 - $30.11

Q3 2017

Shares 81,204 Value ($000) $3,088 Avg Close $28.71 Range $27.68 - $29.53

Q2 2017

Shares 87,904 Value ($000) $3,426 Avg Close $27.96 Range $25.97 - $29.91

Q1 2017

Shares 87,804 Value ($000) $3,184 Avg Close $26.03 Range $25.07 - $26.75

Q4 2016

Shares 87,404 Value ($000) $3,188 Avg Close $24.75 Range $23.69 - $26.38

Q3 2016

Shares 93,200 Value ($000) $3,354 Avg Close $26.10 Range $24.43 - $27.08

Q2 2016

Shares 92,800 Value ($000) $3,426 Avg Close $25.45 Range $23.43 - $27.23

Q1 2016

Shares 92,000 Value ($000) $3,545 Avg Close $25.22 Range $23.20 - $27.22

Q4 2015

Shares 103,545 Value ($000) $3,890 Avg Close $25.10 Range $23.22 - $26.64

Q3 2015

Shares 119,045 Value ($000) $4,105 Avg Close $23.14 Range $20.85 - $24.77

Q2 2015

Shares 117,945 Value ($000) $3,778 Avg Close $22.59 Range $21.38 - $23.46

Q1 2015

Shares 117,245 Value ($000) $3,990 Avg Close $22.43 Range $20.87 - $24.23

Q4 2014

Shares 121,445 Value ($000) $3,743 Avg Close $20.28 Range $18.21 - $21.62

Q3 2014

Shares 119,445 Value ($000) $3,255 Avg Close $19.39 Range $18.09 - $20.38

Q2 2014

Shares 118,545 Value ($000) $3,394 Avg Close $17.89 Range $16.74 - $19.11

Q1 2014

Shares 118,345 Value ($000) $3,057 Avg Close $16.46 Range $15.05 - $17.61

Q4 2013

Shares 117,345 Value ($000) $2,740 Avg Close $15.60 Range $14.89 - $16.56

Q3 2013

Shares 116,845 Value ($000) $2,769 Avg Close $15.69 Range $14.16 - $17.00

Q2 2013

Shares 115,345 Value ($000) $2,940 Avg Close $15.84 Range $14.71 - $17.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	78,745	$2,888	$35.52	$32.94 - $37.05
Q3 2025	81,545	$3,038	$38.50	$36.21 - $40.95
Q2 2025	81,945	$3,346	$40.44	$35.42 - $44.08
Q1 2025	81,645	$3,688	$41.39	$38.53 - $44.96
Q4 2024	81,445	$3,536	$42.30	$39.30 - $44.64
Q3 2024	81,745	$3,706	$40.60	$37.42 - $45.09
Q2 2024	82,945	$3,413	$36.13	$32.98 - $38.92
Q1 2024	82,945	$3,103	$34.10	$31.72 - $36.28
Q4 2023	82,845	$3,172	$31.90	$28.40 - $35.64
Q3 2023	83,145	$2,966	$36.13	$31.96 - $39.92
Q2 2023	85,045	$3,654	$36.93	$34.46 - $39.21
Q1 2023	84,945	$3,488	$36.70	$33.06 - $40.41
Q4 2022	83,145	$3,220	$34.74	$32.71 - $37.36
Q3 2022	82,645	$3,447	$39.97	$35.22 - $44.14
Q2 2022	80,745	$3,717	$43.55	$36.30 - $51.86
Q1 2022	75,445	$4,328	$48.72	$45.22 - $52.11
Q4 2021	73,152	$4,388	$48.00	$44.42 - $51.56
Q3 2021	70,052	$3,711	$45.26	$41.11 - $47.73
Q2 2021	74,652	$3,656	$39.57	$36.06 - $42.59
Q1 2021	74,452	$3,265	$34.51	$30.37 - $38.42
Q4 2020	74,052	$2,846	$30.14	$24.26 - $34.15
Q3 2020	75,252	$2,454	$28.71	$25.88 - $32.26
Q2 2020	75,352	$2,817	$30.23	$24.94 - $34.82
Q1 2020	67,204	$2,456	$36.28	$23.42 - $41.11
Q4 2019	70,904	$3,311	$38.20	$36.14 - $40.29
Q3 2019	70,404	$3,413	$37.21	$34.70 - $38.79
Q2 2019	67,504	$3,030	$35.31	$33.77 - $36.97
Q1 2019	79,404	$3,610	$33.79	$29.49 - $35.65
Q4 2018	78,904	$3,126	$31.19	$29.25 - $33.20
Q3 2018	79,804	$3,226	$29.80	$27.89 - $31.44
Q2 2018	79,204	$2,973	$27.46	$26.19 - $28.72
Q1 2018	78,904	$2,811	$26.50	$24.75 - $28.85
Q4 2017	78,404	$3,020	$29.01	$27.91 - $30.11
Q3 2017	81,204	$3,088	$28.71	$27.68 - $29.53
Q2 2017	87,904	$3,426	$27.96	$25.97 - $29.91
Q1 2017	87,804	$3,184	$26.03	$25.07 - $26.75
Q4 2016	87,404	$3,188	$24.75	$23.69 - $26.38
Q3 2016	93,200	$3,354	$26.10	$24.43 - $27.08
Q2 2016	92,800	$3,426	$25.45	$23.43 - $27.23
Q1 2016	92,000	$3,545	$25.22	$23.20 - $27.22
Q4 2015	103,545	$3,890	$25.10	$23.22 - $26.64
Q3 2015	119,045	$4,105	$23.14	$20.85 - $24.77
Q2 2015	117,945	$3,778	$22.59	$21.38 - $23.46
Q1 2015	117,245	$3,990	$22.43	$20.87 - $24.23
Q4 2014	121,445	$3,743	$20.28	$18.21 - $21.62
Q3 2014	119,445	$3,255	$19.39	$18.09 - $20.38
Q2 2014	118,545	$3,394	$17.89	$16.74 - $19.11
Q1 2014	118,345	$3,057	$16.46	$15.05 - $17.61
Q4 2013	117,345	$2,740	$15.60	$14.89 - $16.56
Q3 2013	116,845	$2,769	$15.69	$14.16 - $17.00
Q2 2013	115,345	$2,940	$15.84	$14.71 - $17.28