ARROWHEAD PHARMACEUTICALS IN

Ticker: ARWR CUSIP: 04280A100 Class: Common Stock

Arizona State Retirement System's Holding History (CIK: 0001558481)

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

Q4 2025

Shares 34,883 Value ($000) $2,316 Avg Close $49.01 Range $34.38 - $72.36

Q3 2025

Shares 32,661 Value ($000) $1,126 Avg Close $21.98 Range $14.30 - $34.61

Q2 2025

Shares 32,041 Value ($000) $506 Avg Close $14.35 Range $9.57 - $17.49

Q1 2025

Shares 32,082 Value ($000) $409 Avg Close $18.18 Range $12.14 - $21.84

Q4 2024

Shares 32,421 Value ($000) $610 Avg Close $20.59 Range $17.05 - $27.34

Q3 2024

Shares 32,187 Value ($000) $623 Avg Close $24.41 Range $19.07 - $30.41

Q2 2024

Shares 34,685 Value ($000) $901 Avg Close $24.57 Range $21.39 - $28.50

Q1 2024

Shares 33,864 Value ($000) $969 Avg Close $31.99 Range $27.00 - $39.83

Q4 2023

Shares 28,467 Value ($000) $871 Avg Close $26.56 Range $20.67 - $31.68

Q3 2023

Shares 28,916 Value ($000) $777 Avg Close $30.63 Range $26.04 - $36.43

Q2 2023

Shares 28,901 Value ($000) $1,031 Avg Close $34.48 Range $24.64 - $42.48

Q1 2023

Shares 29,179 Value ($000) $741 Avg Close $31.45 Range $23.09 - $41.03

Q4 2022

Shares 28,374 Value ($000) $1,151 Avg Close $33.13 Range $27.75 - $40.62

Q3 2022

Shares 27,297 Value ($000) $902 Avg Close $40.36 Range $29.60 - $48.48

Q2 2022

Shares 27,151 Value ($000) $956 Avg Close $37.62 Range $26.81 - $51.11

Q1 2022

Shares 26,842 Value ($000) $1,234 Avg Close $49.51 Range $38.89 - $70.09

Q4 2021

Shares 26,658 Value ($000) $1,767 Avg Close $68.71 Range $57.94 - $84.83

Q3 2021

Shares 26,934 Value ($000) $1,681 Avg Close $64.75 Range $57.92 - $86.01

Q2 2021

Shares 26,803 Value ($000) $2,220 Avg Close $74.45 Range $60.52 - $93.66

Q1 2021

Shares 28,417 Value ($000) $1,884 Avg Close $77.59 Range $60.64 - $92.60

Q4 2020

Shares 28,182 Value ($000) $2,162 Avg Close $63.95 Range $42.44 - $86.75

Q3 2020

Shares 29,173 Value ($000) $1,256 Avg Close $43.15 Range $32.86 - $53.12

Q2 2020

Shares 21,797 Value ($000) $941 Avg Close $35.29 Range $25.79 - $43.84

Q1 2020

Shares 20,222 Value ($000) $582 Avg Close $40.33 Range $19.51 - $64.00

Q4 2019

Shares 56,767 Value ($000) $3,601 Avg Close $49.62 Range $27.11 - $73.72

Q3 2019

Shares 111,928 Value ($000) $3,154 Avg Close $29.59 Range $25.68 - $36.80

Q2 2019

Shares 147,077 Value ($000) $3,898 Avg Close $21.95 Range $17.30 - $28.84

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	34,883	$2,316	$49.01	$34.38 - $72.36
Q3 2025	32,661	$1,126	$21.98	$14.30 - $34.61
Q2 2025	32,041	$506	$14.35	$9.57 - $17.49
Q1 2025	32,082	$409	$18.18	$12.14 - $21.84
Q4 2024	32,421	$610	$20.59	$17.05 - $27.34
Q3 2024	32,187	$623	$24.41	$19.07 - $30.41
Q2 2024	34,685	$901	$24.57	$21.39 - $28.50
Q1 2024	33,864	$969	$31.99	$27.00 - $39.83
Q4 2023	28,467	$871	$26.56	$20.67 - $31.68
Q3 2023	28,916	$777	$30.63	$26.04 - $36.43
Q2 2023	28,901	$1,031	$34.48	$24.64 - $42.48
Q1 2023	29,179	$741	$31.45	$23.09 - $41.03
Q4 2022	28,374	$1,151	$33.13	$27.75 - $40.62
Q3 2022	27,297	$902	$40.36	$29.60 - $48.48
Q2 2022	27,151	$956	$37.62	$26.81 - $51.11
Q1 2022	26,842	$1,234	$49.51	$38.89 - $70.09
Q4 2021	26,658	$1,767	$68.71	$57.94 - $84.83
Q3 2021	26,934	$1,681	$64.75	$57.92 - $86.01
Q2 2021	26,803	$2,220	$74.45	$60.52 - $93.66
Q1 2021	28,417	$1,884	$77.59	$60.64 - $92.60
Q4 2020	28,182	$2,162	$63.95	$42.44 - $86.75
Q3 2020	29,173	$1,256	$43.15	$32.86 - $53.12
Q2 2020	21,797	$941	$35.29	$25.79 - $43.84
Q1 2020	20,222	$582	$40.33	$19.51 - $64.00
Q4 2019	56,767	$3,601	$49.62	$27.11 - $73.72
Q3 2019	111,928	$3,154	$29.59	$25.68 - $36.80
Q2 2019	147,077	$3,898	$21.95	$17.30 - $28.84