FEDERATED HERMES INC

Ticker: FHI CUSIP: 314211103 Class: CL B

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

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

Q4 2025

Shares 20,414 Value ($000) $1,063 Avg Close $50.31 Range $46.04 - $54.13

Q3 2025

Shares 22,235 Value ($000) $1,155 Avg Close $49.91 Range $43.30 - $53.70

Q2 2025

Shares 22,474 Value ($000) $996 Avg Close $40.19 Range $34.08 - $43.74

Q1 2025

Shares 22,292 Value ($000) $909 Avg Close $37.82 Range $35.93 - $40.59

Q4 2024

Shares 22,773 Value ($000) $936 Avg Close $38.84 Range $34.23 - $42.37

Q3 2024

Shares 23,020 Value ($000) $846 Avg Close $32.66 Range $30.43 - $35.84

Q2 2024

Shares 22,383 Value ($000) $736 Avg Close $31.28 Range $29.33 - $33.80

Q1 2024

Shares 22,517 Value ($000) $813 Avg Close $31.90 Range $29.75 - $33.46

Q4 2023

Shares 23,446 Value ($000) $794 Avg Close $29.33 Range $27.09 - $31.30

Q3 2023

Shares 24,212 Value ($000) $820 Avg Close $30.76 Range $28.99 - $33.15

Q2 2023

Shares 23,822 Value ($000) $854 Avg Close $34.24 Range $30.28 - $40.18

Q1 2023

Shares 24,494 Value ($000) $983 Avg Close $34.52 Range $31.75 - $36.54

Q4 2022

Shares 23,894 Value ($000) $868 Avg Close $30.64 Range $26.34 - $34.01

Q3 2022

Shares 23,665 Value ($000) $784 Avg Close $29.58 Range $26.86 - $31.15

Q2 2022

Shares 23,687 Value ($000) $753 Avg Close $27.24 Range $23.83 - $30.17

Q1 2022

Shares 24,869 Value ($000) $847 Avg Close $28.99 Range $25.78 - $33.76

Q4 2021

Shares 24,944 Value ($000) $937 Avg Close $29.32 Range $26.23 - $32.40

Q3 2021

Shares 25,483 Value ($000) $828 Avg Close $27.35 Range $24.38 - $29.22

Q2 2021

Shares 25,658 Value ($000) $870 Avg Close $26.47 Range $23.05 - $28.89

Q1 2021

Shares 27,477 Value ($000) $860 Avg Close $24.21 Range $21.59 - $26.34

Q4 2020

Shares 27,602 Value ($000) $797 Avg Close $21.40 Range $16.33 - $24.72

Q3 2020

Shares 28,932 Value ($000) $622 Avg Close $18.36 Range $15.81 - $21.46

Q2 2020

Shares 21,682 Value ($000) $514 Avg Close $16.96 Range $13.04 - $20.60

Q1 2020

Shares 22,555 Value ($000) $430 Avg Close $22.48 Range $9.92 - $28.87

Q4 2019

Shares 54,481 Value ($000) $1,776 Avg Close $24.55 Range $22.54 - $26.02

Q3 2019

Shares 59,910 Value ($000) $1,942 Avg Close $24.50 Range $23.28 - $26.71

Q2 2019

Shares 69,788 Value ($000) $2,268 Avg Close $23.36 Range $21.64 - $24.86

Q1 2019

Shares 68,757 Value ($000) $2,015 Avg Close $20.37 Range $17.92 - $22.51

Q4 2018

Shares 68,520 Value ($000) $1,819 Avg Close $18.02 Range $15.96 - $19.81

Q3 2018

Shares 67,969 Value ($000) $1,639 Avg Close $16.88 Range $15.90 - $18.37

Q2 2018

Shares 66,200 Value ($000) $1,544 Avg Close $18.95 Range $16.26 - $23.59

Q1 2018

Shares 64,262 Value ($000) $2,146 Avg Close $23.87 Range $21.90 - $25.72

Q4 2017

Shares 68,262 Value ($000) $2,463 Avg Close $22.59 Range $20.59 - $25.66

Q3 2017

Shares 54,078 Value ($000) $1,606 Avg Close $19.44 Range $18.34 - $20.84

Q2 2017

Shares 39,100 Value ($000) $1,105 Avg Close $18.30 Range $17.36 - $19.48

Q1 2017

Shares 38,500 Value ($000) $1,014 Avg Close $18.17 Range $16.98 - $19.69

Q4 2016

Shares 38,771 Value ($000) $1,096 Avg Close $18.35 Range $16.55 - $20.04

Q3 2016

Shares 39,071 Value ($000) $1,158 Avg Close $20.06 Range $17.65 - $21.28

Q2 2016

Shares 39,471 Value ($000) $1,136 Avg Close $19.43 Range $16.95 - $20.91

Q1 2016

Shares 48,271 Value ($000) $1,393 Avg Close $16.58 Range $14.30 - $18.43

Q4 2015

Shares 46,971 Value ($000) $1,346 Avg Close $18.82 Range $17.07 - $20.02

Q3 2015

Shares 43,501 Value ($000) $1,257 Avg Close $19.82 Range $17.55 - $21.42

Q4 2014

Shares 60,200 Value ($000) $1,982 Avg Close $18.71 Range $16.25 - $20.61

Q3 2014

Shares 60,300 Value ($000) $1,770 Avg Close $17.98 Range $16.59 - $18.96

Q2 2014

Shares 61,000 Value ($000) $1,886 Avg Close $17.29 Range $16.00 - $18.62

Q1 2014

Shares 60,300 Value ($000) $1,841 Avg Close $16.51 Range $15.02 - $18.45

Q4 2013

Shares 67,000 Value ($000) $1,929 Avg Close $16.01 Range $14.94 - $16.93

Q3 2013

Shares 73,100 Value ($000) $1,985 Avg Close $16.45 Range $15.50 - $17.76

Q2 2013

Shares 72,500 Value ($000) $1,987 Avg Close $14.54 Range $12.48 - $16.73

Q1 2013

Shares 74,500 Value ($000) $1,763 Avg Close $13.35 Range $11.66 - $14.42

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	20,414	$1,063	$50.31	$46.04 - $54.13
Q3 2025	22,235	$1,155	$49.91	$43.30 - $53.70
Q2 2025	22,474	$996	$40.19	$34.08 - $43.74
Q1 2025	22,292	$909	$37.82	$35.93 - $40.59
Q4 2024	22,773	$936	$38.84	$34.23 - $42.37
Q3 2024	23,020	$846	$32.66	$30.43 - $35.84
Q2 2024	22,383	$736	$31.28	$29.33 - $33.80
Q1 2024	22,517	$813	$31.90	$29.75 - $33.46
Q4 2023	23,446	$794	$29.33	$27.09 - $31.30
Q3 2023	24,212	$820	$30.76	$28.99 - $33.15
Q2 2023	23,822	$854	$34.24	$30.28 - $40.18
Q1 2023	24,494	$983	$34.52	$31.75 - $36.54
Q4 2022	23,894	$868	$30.64	$26.34 - $34.01
Q3 2022	23,665	$784	$29.58	$26.86 - $31.15
Q2 2022	23,687	$753	$27.24	$23.83 - $30.17
Q1 2022	24,869	$847	$28.99	$25.78 - $33.76
Q4 2021	24,944	$937	$29.32	$26.23 - $32.40
Q3 2021	25,483	$828	$27.35	$24.38 - $29.22
Q2 2021	25,658	$870	$26.47	$23.05 - $28.89
Q1 2021	27,477	$860	$24.21	$21.59 - $26.34
Q4 2020	27,602	$797	$21.40	$16.33 - $24.72
Q3 2020	28,932	$622	$18.36	$15.81 - $21.46
Q2 2020	21,682	$514	$16.96	$13.04 - $20.60
Q1 2020	22,555	$430	$22.48	$9.92 - $28.87
Q4 2019	54,481	$1,776	$24.55	$22.54 - $26.02
Q3 2019	59,910	$1,942	$24.50	$23.28 - $26.71
Q2 2019	69,788	$2,268	$23.36	$21.64 - $24.86
Q1 2019	68,757	$2,015	$20.37	$17.92 - $22.51
Q4 2018	68,520	$1,819	$18.02	$15.96 - $19.81
Q3 2018	67,969	$1,639	$16.88	$15.90 - $18.37
Q2 2018	66,200	$1,544	$18.95	$16.26 - $23.59
Q1 2018	64,262	$2,146	$23.87	$21.90 - $25.72
Q4 2017	68,262	$2,463	$22.59	$20.59 - $25.66
Q3 2017	54,078	$1,606	$19.44	$18.34 - $20.84
Q2 2017	39,100	$1,105	$18.30	$17.36 - $19.48
Q1 2017	38,500	$1,014	$18.17	$16.98 - $19.69
Q4 2016	38,771	$1,096	$18.35	$16.55 - $20.04
Q3 2016	39,071	$1,158	$20.06	$17.65 - $21.28
Q2 2016	39,471	$1,136	$19.43	$16.95 - $20.91
Q1 2016	48,271	$1,393	$16.58	$14.30 - $18.43
Q4 2015	46,971	$1,346	$18.82	$17.07 - $20.02
Q3 2015	43,501	$1,257	$19.82	$17.55 - $21.42
Q4 2014	60,200	$1,982	$18.71	$16.25 - $20.61
Q3 2014	60,300	$1,770	$17.98	$16.59 - $18.96
Q2 2014	61,000	$1,886	$17.29	$16.00 - $18.62
Q1 2014	60,300	$1,841	$16.51	$15.02 - $18.45
Q4 2013	67,000	$1,929	$16.01	$14.94 - $16.93
Q3 2013	73,100	$1,985	$16.45	$15.50 - $17.76
Q2 2013	72,500	$1,987	$14.54	$12.48 - $16.73
Q1 2013	74,500	$1,763	$13.35	$11.66 - $14.42