US BANCORP DEL

Ticker: USB CUSIP: 902973304 Class: COM NEW

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

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

Q1 2020

Shares 62,110 Value ($000) $2,140 Avg Close $37.23 Range $22.07 - $45.92

Q4 2019

Shares 62,110 Value ($000) $3,683 Avg Close $44.33 Range $39.93 - $46.85

Q3 2019

Shares 57,250 Value ($000) $3,169 Avg Close $41.13 Range $38.50 - $43.99

Q2 2019

Shares 57,080 Value ($000) $2,991 Avg Close $38.93 Range $36.49 - $40.63

Q1 2019

Shares 20,560 Value ($000) $991 Avg Close $37.60 Range $33.77 - $39.70

Q4 2018

Shares 41,360 Value ($000) $1,890 Avg Close $38.28 Range $32.08 - $41.16

Q2 2018

Shares 71,160 Value ($000) $3,560 Avg Close $37.25 Range $35.59 - $38.34

Q1 2018

Shares 41,050 Value ($000) $2,073 Avg Close $39.92 Range $35.86 - $42.68

Q4 2017

Shares 41,050 Value ($000) $2,199 Avg Close $39.05 Range $37.10 - $40.94

Q3 2017

Shares 41,050 Value ($000) $2,200 Avg Close $37.76 Range $35.74 - $39.22

Q2 2017

Shares 51,480 Value ($000) $2,673 Avg Close $36.97 Range $35.56 - $38.36

Q1 2017

Shares 51,480 Value ($000) $2,651 Avg Close $38.07 Range $35.68 - $40.41

Q4 2016

Shares 51,480 Value ($000) $2,645 Avg Close $33.77 Range $30.08 - $37.40

Q3 2016

Shares 51,410 Value ($000) $2,205 Avg Close $29.97 Range $27.25 - $31.22

Q2 2016

Shares 51,390 Value ($000) $2,086 Avg Close $29.17 Range $26.97 - $30.79

Q1 2016

Shares 50,240 Value ($000) $2,052 Avg Close $27.80 Range $25.81 - $29.12

Q4 2015

Shares 49,920 Value ($000) $2,143 Avg Close $29.59 Range $27.19 - $30.86

Q3 2015

Shares 49,620 Value ($000) $2,048 Avg Close $29.81 Range $26.70 - $31.82

Q2 2015

Shares 52,960 Value ($000) $2,298 Avg Close $29.91 Range $28.81 - $30.98

Q1 2015

Shares 52,900 Value ($000) $2,323 Avg Close $29.79 Range $27.68 - $30.94

Q4 2014

Shares 62,800 Value ($000) $2,838 Avg Close $29.12 Range $25.77 - $31.25

Q3 2014

Shares 62,800 Value ($000) $2,642 Avg Close $28.42 Range $27.29 - $29.42

Q2 2014

Shares 62,300 Value ($000) $2,714 Avg Close $27.92 Range $26.65 - $29.37

Q1 2014

Shares 62,300 Value ($000) $2,670 Avg Close $27.34 Range $25.75 - $29.04

Q4 2013

Shares 62,000 Value ($000) $2,505 Avg Close $25.38 Range $23.60 - $27.00

Q3 2013

Shares 62,000 Value ($000) $2,268 Avg Close $24.34 Range $23.55 - $25.13

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	62,110	$2,140	$37.23	$22.07 - $45.92
Q4 2019	62,110	$3,683	$44.33	$39.93 - $46.85
Q3 2019	57,250	$3,169	$41.13	$38.50 - $43.99
Q2 2019	57,080	$2,991	$38.93	$36.49 - $40.63
Q1 2019	20,560	$991	$37.60	$33.77 - $39.70
Q4 2018	41,360	$1,890	$38.28	$32.08 - $41.16
Q2 2018	71,160	$3,560	$37.25	$35.59 - $38.34
Q1 2018	41,050	$2,073	$39.92	$35.86 - $42.68
Q4 2017	41,050	$2,199	$39.05	$37.10 - $40.94
Q3 2017	41,050	$2,200	$37.76	$35.74 - $39.22
Q2 2017	51,480	$2,673	$36.97	$35.56 - $38.36
Q1 2017	51,480	$2,651	$38.07	$35.68 - $40.41
Q4 2016	51,480	$2,645	$33.77	$30.08 - $37.40
Q3 2016	51,410	$2,205	$29.97	$27.25 - $31.22
Q2 2016	51,390	$2,086	$29.17	$26.97 - $30.79
Q1 2016	50,240	$2,052	$27.80	$25.81 - $29.12
Q4 2015	49,920	$2,143	$29.59	$27.19 - $30.86
Q3 2015	49,620	$2,048	$29.81	$26.70 - $31.82
Q2 2015	52,960	$2,298	$29.91	$28.81 - $30.98
Q1 2015	52,900	$2,323	$29.79	$27.68 - $30.94
Q4 2014	62,800	$2,838	$29.12	$25.77 - $31.25
Q3 2014	62,800	$2,642	$28.42	$27.29 - $29.42
Q2 2014	62,300	$2,714	$27.92	$26.65 - $29.37
Q1 2014	62,300	$2,670	$27.34	$25.75 - $29.04
Q4 2013	62,000	$2,505	$25.38	$23.60 - $27.00
Q3 2013	62,000	$2,268	$24.34	$23.55 - $25.13