BERKLEY W R CORP

Ticker: WRB CUSIP: 084423102 Class: COM

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

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

Q4 2025

Shares 1,181,506 Value ($000) $82,847 Avg Close $72.74 Range $64.36 - $77.72

Q3 2025

Shares 1,231,537 Value ($000) $94,360 Avg Close $70.00 Range $65.55 - $75.76

Q2 2025

Shares 1,264,289 Value ($000) $92,887 Avg Close $69.95 Range $61.08 - $73.57

Q1 2025

Shares 1,302,855 Value ($000) $92,711 Avg Close $59.72 Range $54.51 - $74.49

Q4 2024

Shares 1,336,426 Value ($000) $78,208 Avg Close $57.87 Range $54.03 - $63.18

Q3 2024

Shares 1,363,295 Value ($000) $77,340 Avg Close $53.88 Range $49.31 - $58.78

Q2 2024

Shares 923,442 Value ($000) $72,564 Avg Close $51.01 Range $48.28 - $56.07

Q1 2024

Shares 935,165 Value ($000) $82,706 Avg Close $51.43 Range $44.84 - $56.59

Q4 2023

Shares 953,554 Value ($000) $67,435 Avg Close $43.01 Range $38.99 - $46.59

Q3 2023

Shares 973,105 Value ($000) $61,782 Avg Close $38.71 Range $35.97 - $41.14

Q2 2023

Shares 626,399 Value ($000) $37,308 Avg Close $36.64 Range $34.48 - $39.64

Q1 2023

Shares 629,980 Value ($000) $39,223 Avg Close $41.60 Range $36.60 - $46.85

Q4 2022

Shares 646,010 Value ($000) $47 Avg Close $44.51 Range $39.51 - $47.36

Q3 2022

Shares 1,031,629 Value ($000) $66,623 Avg Close $40.00 Range $37.40 - $42.70

Q2 2022

Shares 1,060,247 Value ($000) $72,372 Avg Close $41.54 Range $39.62 - $44.01

Q1 2022

Shares 1,092,706 Value ($000) $72,763 Avg Close $36.37 Range $32.41 - $41.10

Q4 2021

Shares 731,236 Value ($000) $60,247 Avg Close $31.99 Range $28.90 - $33.91

Q3 2021

Shares 718,031 Value ($000) $52,546 Avg Close $29.58 Range $28.23 - $30.95

Q2 2021

Shares 718,044 Value ($000) $53,444 Avg Close $30.80 Range $28.73 - $32.57

Q1 2021

Shares 715,342 Value ($000) $53,901 Avg Close $27.39 Range $24.26 - $30.57

Q4 2020

Shares 692,796 Value ($000) $46,016 Avg Close $25.56 Range $23.47 - $27.94

Q3 2020

Shares 681,434 Value ($000) $41,670 Avg Close $24.25 Range $21.67 - $25.92

Q2 2020

Shares 679,909 Value ($000) $38,952 Avg Close $21.65 Range $17.75 - $25.65

Q1 2020

Shares 673,336 Value ($000) $35,128 Avg Close $26.24 Range $16.88 - $31.29

Q4 2019

Shares 677,412 Value ($000) $44,662 Avg Close $26.99 Range $26.07 - $29.98

Q3 2019

Shares 663,592 Value ($000) $47,931 Avg Close $27.14 Range $25.23 - $28.29

Q2 2019

Shares 677,412 Value ($000) $44,662 Avg Close $23.59 Range $21.25 - $26.10

Q1 2019

Shares 456,293 Value ($000) $38,657 Avg Close $20.26 Range $18.10 - $21.71

Q4 2018

Shares 464,882 Value ($000) $34,359 Avg Close $19.20 Range $17.53 - $20.30

Q3 2018

Shares 468,632 Value ($000) $37,458 Avg Close $19.20 Range $17.96 - $20.20

Q2 2018

Shares 466,667 Value ($000) $33,791 Avg Close $18.67 Range $17.54 - $19.80

Q1 2018

Shares 477,786 Value ($000) $34,735 Avg Close $17.46 Range $16.63 - $18.44

Q4 2017

Shares 464,713 Value ($000) $33,297 Avg Close $16.98 Range $16.18 - $17.82

Q3 2017

Shares 471,775 Value ($000) $31,486 Avg Close $16.55 Range $15.18 - $17.71

Q2 2017

Shares 470,541 Value ($000) $32,547 Avg Close $16.61 Range $15.94 - $17.28

Q1 2017

Shares 453,419 Value ($000) $32,025 Avg Close $16.83 Range $15.96 - $17.75

Q4 2016

Shares 469,247 Value ($000) $31,210 Avg Close $14.61 Range $13.31 - $16.21

Q3 2016

Shares 510,925 Value ($000) $29,511 Avg Close $13.86 Range $13.40 - $14.24

Q2 2016

Shares 504,951 Value ($000) $30,257 Avg Close $13.28 Range $12.90 - $14.20

Q1 2016

Shares 471,393 Value ($000) $26,492 Avg Close $12.24 Range $11.21 - $13.36

Q4 2015

Shares 453,396 Value ($000) $24,823 Avg Close $12.98 Range $12.35 - $13.48

Q3 2015

Shares 436,410 Value ($000) $23,728 Avg Close $12.99 Range $12.19 - $13.73

Q2 2015

Shares 414,439 Value ($000) $21,522 Avg Close $11.79 Range $11.41 - $12.54

Q1 2015

Shares 392,917 Value ($000) $19,846 Avg Close $11.73 Range $11.09 - $12.13

Q4 2014

Shares 352,771 Value ($000) $18,083 Avg Close $11.66 Range $10.70 - $12.41

Q3 2014

Shares 320,363 Value ($000) $15,313 Avg Close $10.69 Range $10.11 - $11.18

Q2 2014

Shares 314,429 Value ($000) $14,561 Avg Close $9.99 Range $9.23 - $10.58

Q1 2014

Shares 262,563 Value ($000) $10,928 Avg Close $9.26 Range $8.59 - $9.84

Q4 2013

Shares 281,060 Value ($000) $12,195 Avg Close $9.82 Range $9.49 - $10.19

Q3 2013

Shares 266,640 Value ($000) $11,428 Avg Close $9.57 Range $9.16 - $10.14

Q2 2013

Shares 248,696 Value ($000) $10,162 Avg Close $9.58 Range $8.95 - $10.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,181,506	$82,847	$72.74	$64.36 - $77.72
Q3 2025	1,231,537	$94,360	$70.00	$65.55 - $75.76
Q2 2025	1,264,289	$92,887	$69.95	$61.08 - $73.57
Q1 2025	1,302,855	$92,711	$59.72	$54.51 - $74.49
Q4 2024	1,336,426	$78,208	$57.87	$54.03 - $63.18
Q3 2024	1,363,295	$77,340	$53.88	$49.31 - $58.78
Q2 2024	923,442	$72,564	$51.01	$48.28 - $56.07
Q1 2024	935,165	$82,706	$51.43	$44.84 - $56.59
Q4 2023	953,554	$67,435	$43.01	$38.99 - $46.59
Q3 2023	973,105	$61,782	$38.71	$35.97 - $41.14
Q2 2023	626,399	$37,308	$36.64	$34.48 - $39.64
Q1 2023	629,980	$39,223	$41.60	$36.60 - $46.85
Q4 2022	646,010	$47	$44.51	$39.51 - $47.36
Q3 2022	1,031,629	$66,623	$40.00	$37.40 - $42.70
Q2 2022	1,060,247	$72,372	$41.54	$39.62 - $44.01
Q1 2022	1,092,706	$72,763	$36.37	$32.41 - $41.10
Q4 2021	731,236	$60,247	$31.99	$28.90 - $33.91
Q3 2021	718,031	$52,546	$29.58	$28.23 - $30.95
Q2 2021	718,044	$53,444	$30.80	$28.73 - $32.57
Q1 2021	715,342	$53,901	$27.39	$24.26 - $30.57
Q4 2020	692,796	$46,016	$25.56	$23.47 - $27.94
Q3 2020	681,434	$41,670	$24.25	$21.67 - $25.92
Q2 2020	679,909	$38,952	$21.65	$17.75 - $25.65
Q1 2020	673,336	$35,128	$26.24	$16.88 - $31.29
Q4 2019	677,412	$44,662	$26.99	$26.07 - $29.98
Q3 2019	663,592	$47,931	$27.14	$25.23 - $28.29
Q2 2019	677,412	$44,662	$23.59	$21.25 - $26.10
Q1 2019	456,293	$38,657	$20.26	$18.10 - $21.71
Q4 2018	464,882	$34,359	$19.20	$17.53 - $20.30
Q3 2018	468,632	$37,458	$19.20	$17.96 - $20.20
Q2 2018	466,667	$33,791	$18.67	$17.54 - $19.80
Q1 2018	477,786	$34,735	$17.46	$16.63 - $18.44
Q4 2017	464,713	$33,297	$16.98	$16.18 - $17.82
Q3 2017	471,775	$31,486	$16.55	$15.18 - $17.71
Q2 2017	470,541	$32,547	$16.61	$15.94 - $17.28
Q1 2017	453,419	$32,025	$16.83	$15.96 - $17.75
Q4 2016	469,247	$31,210	$14.61	$13.31 - $16.21
Q3 2016	510,925	$29,511	$13.86	$13.40 - $14.24
Q2 2016	504,951	$30,257	$13.28	$12.90 - $14.20
Q1 2016	471,393	$26,492	$12.24	$11.21 - $13.36
Q4 2015	453,396	$24,823	$12.98	$12.35 - $13.48
Q3 2015	436,410	$23,728	$12.99	$12.19 - $13.73
Q2 2015	414,439	$21,522	$11.79	$11.41 - $12.54
Q1 2015	392,917	$19,846	$11.73	$11.09 - $12.13
Q4 2014	352,771	$18,083	$11.66	$10.70 - $12.41
Q3 2014	320,363	$15,313	$10.69	$10.11 - $11.18
Q2 2014	314,429	$14,561	$9.99	$9.23 - $10.58
Q1 2014	262,563	$10,928	$9.26	$8.59 - $9.84
Q4 2013	281,060	$12,195	$9.82	$9.49 - $10.19
Q3 2013	266,640	$11,428	$9.57	$9.16 - $10.14
Q2 2013	248,696	$10,162	$9.58	$8.95 - $10.28