GALLAGHER ARTHUR J & CO

Ticker: AJG CUSIP: 363576109 Class: COM

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

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

Q4 2025

Shares 72,211 Value ($000) $18,687 Avg Close $264.22 Range $236.34 - $312.72

Q3 2025

Shares 74,852 Value ($000) $23,185 Avg Close $300.20 Range $276.20 - $321.70

Q2 2025

Shares 74,762 Value ($000) $23,933 Avg Close $327.56 Range $299.17 - $348.85

Q1 2025

Shares 73,310 Value ($000) $25,310 Avg Close $313.31 Range $273.17 - $344.60

Q4 2024

Shares 72,641 Value ($000) $20,619 Avg Close $288.06 Range $274.49 - $313.35

Q3 2024

Shares 62,649 Value ($000) $17,628 Avg Close $278.61 Range $254.32 - $297.84

Q2 2024

Shares 62,851 Value ($000) $16,298 Avg Close $244.50 Range $226.63 - $263.02

Q1 2024

Shares 61,956 Value ($000) $15,491 Avg Close $236.41 Range $219.54 - $252.26

Q4 2023

Shares 60,632 Value ($000) $13,635 Avg Close $232.39 Range $214.82 - $249.02

Q3 2023

Shares 60,643 Value ($000) $13,822 Avg Close $219.09 Range $207.73 - $232.98

Q2 2023

Shares 61,192 Value ($000) $13,436 Avg Close $203.16 Range $185.32 - $215.79

Q4 2022

Shares 57,310 Value ($000) $10,805 Avg Close $181.58 Range $163.94 - $195.97

Q3 2022

Shares 57,678 Value ($000) $9,876 Avg Close $171.86 Range $155.35 - $185.72

Q2 2022

Shares 58,203 Value ($000) $9,489 Avg Close $160.18 Range $143.39 - $180.33

Q1 2022

Shares 57,697 Value ($000) $10,074 Avg Close $153.40 Range $141.59 - $170.78

Q4 2021

Shares 56,291 Value ($000) $9,551 Avg Close $156.75 Range $142.44 - $164.55

Q3 2021

Shares 57,878 Value ($000) $8,604 Avg Close $136.81 Range $129.42 - $147.92

Q2 2021

Shares 54,760 Value ($000) $7,671 Avg Close $134.67 Range $118.24 - $146.63

Q1 2021

Shares 55,451 Value ($000) $6,919 Avg Close $114.59 Range $107.07 - $122.80

Q4 2020

Shares 54,904 Value ($000) $6,792 Avg Close $107.71 Range $96.30 - $122.43

Q3 2020

Shares 57,698 Value ($000) $6,092 Avg Close $97.68 Range $90.30 - $102.85

Q2 2020

Shares 43,850 Value ($000) $4,275 Avg Close $83.03 Range $68.97 - $96.18

Q1 2020

Shares 79,395 Value ($000) $6,471 Avg Close $89.38 Range $60.94 - $102.05

Q4 2019

Shares 83,185 Value ($000) $7,922 Avg Close $85.11 Range $79.19 - $89.69

Q3 2019

Shares 80,818 Value ($000) $7,239 Avg Close $83.14 Range $79.33 - $85.65

Q2 2019

Shares 80,381 Value ($000) $7,041 Avg Close $76.79 Range $71.30 - $81.81

Q1 2019

Shares 81,335 Value ($000) $6,352 Avg Close $70.56 Range $64.39 - $74.18

Q4 2018

Shares 86,610 Value ($000) $6,383 Avg Close $67.97 Range $62.33 - $71.85

Q3 2018

Shares 112,798 Value ($000) $8,397 Avg Close $64.92 Range $58.77 - $69.54

Q2 2018

Shares 110,140 Value ($000) $7,190 Avg Close $60.98 Range $58.35 - $63.75

Q1 2018

Shares 138,216 Value ($000) $9,500 Avg Close $60.39 Range $55.42 - $65.39

Q4 2017

Shares 153,316 Value ($000) $9,702 Avg Close $56.83 Range $54.05 - $60.12

Q3 2017

Shares 147,496 Value ($000) $9,078 Avg Close $52.01 Range $49.57 - $54.94

Q2 2017

Shares 58,466 Value ($000) $3,347 Avg Close $49.64 Range $47.74 - $52.14

Q1 2017

Shares 59,066 Value ($000) $3,340 Avg Close $48.08 Range $45.07 - $50.65

Q4 2016

Shares 58,666 Value ($000) $3,048 Avg Close $43.55 Range $40.73 - $45.38

Q3 2016

Shares 57,266 Value ($000) $2,913 Avg Close $42.42 Range $40.40 - $44.25

Q2 2016

Shares 61,766 Value ($000) $2,940 Avg Close $39.55 Range $36.70 - $41.44

Q1 2016

Shares 109,807 Value ($000) $4,884 Avg Close $33.74 Range $30.29 - $37.98

Q4 2015

Shares 106,007 Value ($000) $4,340 Avg Close $35.98 Range $33.21 - $37.20

Q3 2015

Shares 100,207 Value ($000) $4,137 Avg Close $37.63 Range $33.11 - $40.01

Q4 2014

Shares 100,416 Value ($000) $4,727 Avg Close $38.03 Range $35.07 - $40.13

Q3 2014

Shares 100,316 Value ($000) $4,550 Avg Close $37.00 Range $35.50 - $38.49

Q2 2014

Shares 101,516 Value ($000) $4,730 Avg Close $36.40 Range $34.22 - $38.53

Q1 2014

Shares 85,716 Value ($000) $4,078 Avg Close $36.99 Range $34.79 - $39.33

Q4 2013

Shares 93,116 Value ($000) $4,369 Avg Close $36.51 Range $34.17 - $38.03

Q3 2013

Shares 100,216 Value ($000) $4,374 Avg Close $34.24 Range $32.24 - $35.69

Q2 2013

Shares 97,316 Value ($000) $4,251 Avg Close $33.49 Range $31.26 - $35.40

Q1 2013

Shares 96,716 Value ($000) $3,995 Avg Close $28.99 Range $26.74 - $31.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	72,211	$18,687	$264.22	$236.34 - $312.72
Q3 2025	74,852	$23,185	$300.20	$276.20 - $321.70
Q2 2025	74,762	$23,933	$327.56	$299.17 - $348.85
Q1 2025	73,310	$25,310	$313.31	$273.17 - $344.60
Q4 2024	72,641	$20,619	$288.06	$274.49 - $313.35
Q3 2024	62,649	$17,628	$278.61	$254.32 - $297.84
Q2 2024	62,851	$16,298	$244.50	$226.63 - $263.02
Q1 2024	61,956	$15,491	$236.41	$219.54 - $252.26
Q4 2023	60,632	$13,635	$232.39	$214.82 - $249.02
Q3 2023	60,643	$13,822	$219.09	$207.73 - $232.98
Q2 2023	61,192	$13,436	$203.16	$185.32 - $215.79
Q4 2022	57,310	$10,805	$181.58	$163.94 - $195.97
Q3 2022	57,678	$9,876	$171.86	$155.35 - $185.72
Q2 2022	58,203	$9,489	$160.18	$143.39 - $180.33
Q1 2022	57,697	$10,074	$153.40	$141.59 - $170.78
Q4 2021	56,291	$9,551	$156.75	$142.44 - $164.55
Q3 2021	57,878	$8,604	$136.81	$129.42 - $147.92
Q2 2021	54,760	$7,671	$134.67	$118.24 - $146.63
Q1 2021	55,451	$6,919	$114.59	$107.07 - $122.80
Q4 2020	54,904	$6,792	$107.71	$96.30 - $122.43
Q3 2020	57,698	$6,092	$97.68	$90.30 - $102.85
Q2 2020	43,850	$4,275	$83.03	$68.97 - $96.18
Q1 2020	79,395	$6,471	$89.38	$60.94 - $102.05
Q4 2019	83,185	$7,922	$85.11	$79.19 - $89.69
Q3 2019	80,818	$7,239	$83.14	$79.33 - $85.65
Q2 2019	80,381	$7,041	$76.79	$71.30 - $81.81
Q1 2019	81,335	$6,352	$70.56	$64.39 - $74.18
Q4 2018	86,610	$6,383	$67.97	$62.33 - $71.85
Q3 2018	112,798	$8,397	$64.92	$58.77 - $69.54
Q2 2018	110,140	$7,190	$60.98	$58.35 - $63.75
Q1 2018	138,216	$9,500	$60.39	$55.42 - $65.39
Q4 2017	153,316	$9,702	$56.83	$54.05 - $60.12
Q3 2017	147,496	$9,078	$52.01	$49.57 - $54.94
Q2 2017	58,466	$3,347	$49.64	$47.74 - $52.14
Q1 2017	59,066	$3,340	$48.08	$45.07 - $50.65
Q4 2016	58,666	$3,048	$43.55	$40.73 - $45.38
Q3 2016	57,266	$2,913	$42.42	$40.40 - $44.25
Q2 2016	61,766	$2,940	$39.55	$36.70 - $41.44
Q1 2016	109,807	$4,884	$33.74	$30.29 - $37.98
Q4 2015	106,007	$4,340	$35.98	$33.21 - $37.20
Q3 2015	100,207	$4,137	$37.63	$33.11 - $40.01
Q4 2014	100,416	$4,727	$38.03	$35.07 - $40.13
Q3 2014	100,316	$4,550	$37.00	$35.50 - $38.49
Q2 2014	101,516	$4,730	$36.40	$34.22 - $38.53
Q1 2014	85,716	$4,078	$36.99	$34.79 - $39.33
Q4 2013	93,116	$4,369	$36.51	$34.17 - $38.03
Q3 2013	100,216	$4,374	$34.24	$32.24 - $35.69
Q2 2013	97,316	$4,251	$33.49	$31.26 - $35.40
Q1 2013	96,716	$3,995	$28.99	$26.74 - $31.88