MARSH & MCLENNAN COS INC

Ticker: MRSH CUSIP: 571748102 Class: COM

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

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

Q4 2025

Shares 138,852 Value ($000) $25,760 Avg Close $186.43 Range $173.30 - $207.83

Q3 2025

Shares 143,908 Value ($000) $29,002 Avg Close $204.01 Range $193.16 - $217.79

Q2 2025

Shares 144,045 Value ($000) $31,494 Avg Close $223.19 Range $207.03 - $245.83

Q1 2025

Shares 146,034 Value ($000) $35,637 Avg Close $223.35 Range $202.92 - $243.01

Q4 2024

Shares 142,088 Value ($000) $30,181 Avg Close $217.77 Range $205.01 - $231.80

Q3 2024

Shares 141,507 Value ($000) $31,569 Avg Close $216.92 Range $203.69 - $227.83

Q2 2024

Shares 142,534 Value ($000) $30,035 Avg Close $200.17 Range $190.69 - $211.90

Q1 2024

Shares 141,495 Value ($000) $29,145 Avg Close $193.37 Range $182.28 - $203.67

Q4 2023

Shares 138,970 Value ($000) $26,331 Avg Close $186.95 Range $177.61 - $196.74

Q3 2023

Shares 140,032 Value ($000) $26,648 Avg Close $184.60 Range $176.10 - $192.52

Q2 2023

Shares 141,511 Value ($000) $26,615 Avg Close $170.44 Range $158.35 - $182.02

Q1 2023

Shares 135,432 Value ($000) $22,556 Avg Close $159.32 Range $144.98 - $169.70

Q4 2022

Shares 135,969 Value ($000) $22,500 Avg Close $155.95 Range $140.95 - $169.03

Q3 2022

Shares 136,433 Value ($000) $20,368 Avg Close $152.34 Range $138.65 - $166.00

Q2 2022

Shares 137,932 Value ($000) $21,414 Avg Close $151.71 Range $135.36 - $173.83

Q1 2022

Shares 138,543 Value ($000) $23,610 Avg Close $148.65 Range $134.43 - $164.01

Q4 2021

Shares 138,755 Value ($000) $24,118 Avg Close $156.21 Range $141.53 - $165.13

Q3 2021

Shares 141,810 Value ($000) $21,474 Avg Close $141.63 Range $128.41 - $152.48

Q2 2021

Shares 142,381 Value ($000) $20,030 Avg Close $125.21 Range $112.59 - $132.40

Q1 2021

Shares 142,928 Value ($000) $17,409 Avg Close $107.02 Range $98.83 - $113.89

Q4 2020

Shares 150,683 Value ($000) $17,630 Avg Close $105.23 Range $94.36 - $110.82

Q3 2020

Shares 155,171 Value ($000) $17,798 Avg Close $105.63 Range $97.93 - $111.90

Q2 2020

Shares 118,369 Value ($000) $12,709 Avg Close $93.00 Range $71.99 - $103.18

Q1 2020

Shares 130,194 Value ($000) $11,257 Avg Close $97.35 Range $67.78 - $109.87

Q4 2019

Shares 129,046 Value ($000) $14,377 Avg Close $95.06 Range $86.01 - $104.01

Q3 2019

Shares 127,698 Value ($000) $12,776 Avg Close $90.54 Range $85.70 - $93.91

Q2 2019

Shares 128,946 Value ($000) $12,862 Avg Close $86.29 Range $82.49 - $90.62

Q1 2019

Shares 133,505 Value ($000) $12,536 Avg Close $79.33 Range $69.39 - $85.50

Q4 2018

Shares 141,000 Value ($000) $11,245 Avg Close $74.46 Range $66.23 - $80.27

Q3 2018

Shares 174,517 Value ($000) $14,436 Avg Close $75.30 Range $71.83 - $78.35

Q2 2018

Shares 172,899 Value ($000) $14,173 Avg Close $72.21 Range $69.38 - $74.98

Q1 2018

Shares 166,896 Value ($000) $13,784 Avg Close $72.87 Range $69.13 - $75.89

Q4 2017

Shares 171,796 Value ($000) $13,982 Avg Close $72.87 Range $70.08 - $76.08

Q3 2017

Shares 164,559 Value ($000) $13,792 Avg Close $69.18 Range $66.77 - $73.79

Q2 2017

Shares 169,589 Value ($000) $13,221 Avg Close $65.59 Range $62.21 - $70.09

Q1 2017

Shares 175,089 Value ($000) $12,937 Avg Close $61.73 Range $57.29 - $65.47

Q4 2016

Shares 175,389 Value ($000) $11,855 Avg Close $57.67 Range $53.49 - $60.18

Q3 2016

Shares 175,489 Value ($000) $11,802 Avg Close $57.32 Range $55.91 - $58.65

Q2 2016

Shares 175,489 Value ($000) $12,014 Avg Close $54.66 Range $50.84 - $58.55

Q1 2016

Shares 192,989 Value ($000) $11,732 Avg Close $47.39 Range $42.68 - $51.78

Q4 2015

Shares 193,389 Value ($000) $10,723 Avg Close $46.40 Range $42.63 - $48.51

Q3 2015

Shares 204,389 Value ($000) $10,673 Avg Close $46.73 Range $42.51 - $49.38

Q4 2014

Shares 283,662 Value ($000) $16,236 Avg Close $45.21 Range $40.02 - $48.56

Q3 2014

Shares 280,862 Value ($000) $14,700 Avg Close $42.74 Range $40.97 - $44.10

Q2 2014

Shares 285,662 Value ($000) $14,803 Avg Close $40.50 Range $38.06 - $42.84

Q1 2014

Shares 285,362 Value ($000) $14,068 Avg Close $38.81 Range $35.81 - $41.06

Q4 2013

Shares 294,162 Value ($000) $14,225 Avg Close $37.39 Range $33.79 - $39.29

Q3 2013

Shares 311,062 Value ($000) $13,546 Avg Close $33.72 Range $31.78 - $35.90

Q2 2013

Shares 310,462 Value ($000) $12,393 Avg Close $31.19 Range $29.36 - $33.32

Q1 2013

Shares 277,562 Value ($000) $10,539 Avg Close $28.64 Range $27.20 - $30.19

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	138,852	$25,760	$186.43	$173.30 - $207.83
Q3 2025	143,908	$29,002	$204.01	$193.16 - $217.79
Q2 2025	144,045	$31,494	$223.19	$207.03 - $245.83
Q1 2025	146,034	$35,637	$223.35	$202.92 - $243.01
Q4 2024	142,088	$30,181	$217.77	$205.01 - $231.80
Q3 2024	141,507	$31,569	$216.92	$203.69 - $227.83
Q2 2024	142,534	$30,035	$200.17	$190.69 - $211.90
Q1 2024	141,495	$29,145	$193.37	$182.28 - $203.67
Q4 2023	138,970	$26,331	$186.95	$177.61 - $196.74
Q3 2023	140,032	$26,648	$184.60	$176.10 - $192.52
Q2 2023	141,511	$26,615	$170.44	$158.35 - $182.02
Q1 2023	135,432	$22,556	$159.32	$144.98 - $169.70
Q4 2022	135,969	$22,500	$155.95	$140.95 - $169.03
Q3 2022	136,433	$20,368	$152.34	$138.65 - $166.00
Q2 2022	137,932	$21,414	$151.71	$135.36 - $173.83
Q1 2022	138,543	$23,610	$148.65	$134.43 - $164.01
Q4 2021	138,755	$24,118	$156.21	$141.53 - $165.13
Q3 2021	141,810	$21,474	$141.63	$128.41 - $152.48
Q2 2021	142,381	$20,030	$125.21	$112.59 - $132.40
Q1 2021	142,928	$17,409	$107.02	$98.83 - $113.89
Q4 2020	150,683	$17,630	$105.23	$94.36 - $110.82
Q3 2020	155,171	$17,798	$105.63	$97.93 - $111.90
Q2 2020	118,369	$12,709	$93.00	$71.99 - $103.18
Q1 2020	130,194	$11,257	$97.35	$67.78 - $109.87
Q4 2019	129,046	$14,377	$95.06	$86.01 - $104.01
Q3 2019	127,698	$12,776	$90.54	$85.70 - $93.91
Q2 2019	128,946	$12,862	$86.29	$82.49 - $90.62
Q1 2019	133,505	$12,536	$79.33	$69.39 - $85.50
Q4 2018	141,000	$11,245	$74.46	$66.23 - $80.27
Q3 2018	174,517	$14,436	$75.30	$71.83 - $78.35
Q2 2018	172,899	$14,173	$72.21	$69.38 - $74.98
Q1 2018	166,896	$13,784	$72.87	$69.13 - $75.89
Q4 2017	171,796	$13,982	$72.87	$70.08 - $76.08
Q3 2017	164,559	$13,792	$69.18	$66.77 - $73.79
Q2 2017	169,589	$13,221	$65.59	$62.21 - $70.09
Q1 2017	175,089	$12,937	$61.73	$57.29 - $65.47
Q4 2016	175,389	$11,855	$57.67	$53.49 - $60.18
Q3 2016	175,489	$11,802	$57.32	$55.91 - $58.65
Q2 2016	175,489	$12,014	$54.66	$50.84 - $58.55
Q1 2016	192,989	$11,732	$47.39	$42.68 - $51.78
Q4 2015	193,389	$10,723	$46.40	$42.63 - $48.51
Q3 2015	204,389	$10,673	$46.73	$42.51 - $49.38
Q4 2014	283,662	$16,236	$45.21	$40.02 - $48.56
Q3 2014	280,862	$14,700	$42.74	$40.97 - $44.10
Q2 2014	285,662	$14,803	$40.50	$38.06 - $42.84
Q1 2014	285,362	$14,068	$38.81	$35.81 - $41.06
Q4 2013	294,162	$14,225	$37.39	$33.79 - $39.29
Q3 2013	311,062	$13,546	$33.72	$31.78 - $35.90
Q2 2013	310,462	$12,393	$31.19	$29.36 - $33.32
Q1 2013	277,562	$10,539	$28.64	$27.20 - $30.19