MICROSTRATEGY INC

Ticker: MSTR CUSIP: 594972408 Class: EQTY

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM's Holding History (CIK: 0000919079)

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

Q4 2025

Shares 470,632 Value ($000) $71,513 Avg Close $230.22 Range $151.42 - $365.21

Q3 2025

Shares 448,157 Value ($000) $144,401 Avg Close $371.01 Range $292.36 - $457.22

Q2 2025

Shares 410,596 Value ($000) $165,975 Avg Close $364.26 Range $235.93 - $430.35

Q1 2025

Shares 357,183 Value ($000) $102,965 Avg Close $317.51 Range $231.51 - $404.42

Q4 2024

Shares 264,713 Value ($000) $76,666 Avg Close $300.91 Range $157.02 - $543.00

Q3 2024

Shares 274,879 Value ($000) $46,345 Avg Close $142.97 Range $102.40 - $183.70

Q2 2024

Shares 27,643 Value ($000) $38,078 Avg Close $144.09 Range $101.00 - $174.00

Q1 2024

Shares 23,821 Value ($000) $40,604 Avg Close $91.17 Range $43.87 - $200.00

Q4 2023

Shares 22,782 Value ($000) $14,390 Avg Close $47.40 Range $30.71 - $68.94

Q3 2023

Shares 20,519 Value ($000) $6,736 Avg Close $37.65 Range $31.01 - $47.51

Q2 2023

Shares 15,648 Value ($000) $5,358 Avg Close $30.31 Range $26.60 - $35.27

Q1 2023

Shares 15,258 Value ($000) $4,460 Avg Close $24.41 Range $13.94 - $31.50

Q4 2022

Shares 17,275 Value ($000) $2,446 Avg Close $20.44 Range $13.26 - $29.00

Q3 2022

Shares 20,029 Value ($000) $4,251 Avg Close $25.08 Range $16.00 - $36.20

Q2 2022

Shares 16,794 Value ($000) $2,759 Avg Close $28.92 Range $13.41 - $50.86

Q1 2022

Shares 16,794 Value ($000) $8,167 Avg Close $43.28 Range $30.72 - $57.63

Q4 2021

Shares 19,057 Value ($000) $10,376 Avg Close $68.74 Range $52.88 - $89.14

Q3 2021

Shares 17,874 Value ($000) $10,338 Avg Close $64.12 Range $47.24 - $79.80

Q2 2021

Shares 17,849 Value ($000) $11,861 Avg Close $59.15 Range $41.16 - $88.21

Q1 2021

Shares 17,706 Value ($000) $12,019 Avg Close $70.64 Range $40.65 - $131.50

Q4 2020

Shares 16,810 Value ($000) $6,532 Avg Close $23.35 Range $14.52 - $40.00

Q3 2020

Shares 17,646 Value ($000) $2,657 Avg Close $13.52 Range $11.42 - $17.66

Q2 2020

Shares 17,444 Value ($000) $2,063 Avg Close $12.17 Range $10.86 - $13.13

Q1 2020

Shares 18,549 Value ($000) $2,191 Avg Close $13.58 Range $9.00 - $16.50

Q4 2019

Shares 18,549 Value ($000) $2,646 Avg Close $14.89 Range $13.96 - $15.89

Q3 2019

Shares 21,193 Value ($000) $3,144 Avg Close $13.70 Range $12.05 - $15.35

Q2 2019

Shares 18,050 Value ($000) $2,587 Avg Close $14.12 Range $13.03 - $15.24

Q1 2019

Shares 22,586 Value ($000) $3,258 Avg Close $13.84 Range $12.54 - $15.05

Q4 2018

Shares 23,690 Value ($000) $3,026 Avg Close $12.66 Range $11.55 - $14.20

Q3 2018

Shares 22,242 Value ($000) $3,128 Avg Close $14.05 Range $12.60 - $15.12

Q2 2018

Shares 23,776 Value ($000) $3,037 Avg Close $13.03 Range $12.30 - $13.70

Q1 2018

Shares 27,811 Value ($000) $3,587 Avg Close $13.46 Range $12.22 - $14.21

Q4 2017

Shares 27,067 Value ($000) $3,554 Avg Close $13.42 Range $12.80 - $14.34

Q3 2017

Shares 27,018 Value ($000) $3,450 Avg Close $14.54 Range $12.29 - $19.64

Q2 2017

Shares 25,600 Value ($000) $4,907 Avg Close $18.57 Range $17.75 - $19.46

Q1 2017

Shares 23,700 Value ($000) $4,451 Avg Close $19.38 Range $18.22 - $20.60

Q4 2016

Shares 27,000 Value ($000) $5,330 Avg Close $18.91 Range $16.27 - $20.73

Q3 2016

Shares 28,400 Value ($000) $4,755 Avg Close $17.21 Range $16.19 - $19.18

Q2 2016

Shares 30,200 Value ($000) $5,286 Avg Close $18.41 Range $16.50 - $19.60

Q1 2016

Shares 32,500 Value ($000) $5,841 Avg Close $16.19 Range $14.10 - $18.23

Q4 2015

Shares 32,700 Value ($000) $5,863 Avg Close $18.18 Range $16.42 - $20.98

Q3 2015

Shares 32,200 Value ($000) $6,326 Avg Close $19.82 Range $16.86 - $22.65

Q2 2015

Shares 31,600 Value ($000) $5,375 Avg Close $17.60 Range $16.59 - $19.79

Q1 2015

Shares 30,400 Value ($000) $4,908 Avg Close $16.88 Range $15.00 - $18.26

Q4 2014

Shares 30,400 Value ($000) $4,908 Avg Close $15.80 Range $12.75 - $17.70

Q3 2014

Shares 30,800 Value ($000) $4,030 Avg Close $13.91 Range $12.95 - $15.59

Q2 2014

Shares 30,800 Value ($000) $4,331 Avg Close $12.76 Range $9.88 - $14.61

Q1 2014

Shares 39,000 Value ($000) $4,079 Avg Close $12.49 Range $11.24 - $13.58

Q4 2013

Shares 34,300 Value ($000) $4,271 Avg Close $11.77 Range $9.52 - $13.00

Q3 2013

Shares 31,171 Value ($000) $3,234 Avg Close $9.74 Range $8.71 - $10.89

Q2 2013

Shares 27,594 Value ($000) $2,400 Avg Close $9.35 Range $8.27 - $10.50

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	470,632	$71,513	$230.22	$151.42 - $365.21
Q3 2025	448,157	$144,401	$371.01	$292.36 - $457.22
Q2 2025	410,596	$165,975	$364.26	$235.93 - $430.35
Q1 2025	357,183	$102,965	$317.51	$231.51 - $404.42
Q4 2024	264,713	$76,666	$300.91	$157.02 - $543.00
Q3 2024	274,879	$46,345	$142.97	$102.40 - $183.70
Q2 2024	27,643	$38,078	$144.09	$101.00 - $174.00
Q1 2024	23,821	$40,604	$91.17	$43.87 - $200.00
Q4 2023	22,782	$14,390	$47.40	$30.71 - $68.94
Q3 2023	20,519	$6,736	$37.65	$31.01 - $47.51
Q2 2023	15,648	$5,358	$30.31	$26.60 - $35.27
Q1 2023	15,258	$4,460	$24.41	$13.94 - $31.50
Q4 2022	17,275	$2,446	$20.44	$13.26 - $29.00
Q3 2022	20,029	$4,251	$25.08	$16.00 - $36.20
Q2 2022	16,794	$2,759	$28.92	$13.41 - $50.86
Q1 2022	16,794	$8,167	$43.28	$30.72 - $57.63
Q4 2021	19,057	$10,376	$68.74	$52.88 - $89.14
Q3 2021	17,874	$10,338	$64.12	$47.24 - $79.80
Q2 2021	17,849	$11,861	$59.15	$41.16 - $88.21
Q1 2021	17,706	$12,019	$70.64	$40.65 - $131.50
Q4 2020	16,810	$6,532	$23.35	$14.52 - $40.00
Q3 2020	17,646	$2,657	$13.52	$11.42 - $17.66
Q2 2020	17,444	$2,063	$12.17	$10.86 - $13.13
Q1 2020	18,549	$2,191	$13.58	$9.00 - $16.50
Q4 2019	18,549	$2,646	$14.89	$13.96 - $15.89
Q3 2019	21,193	$3,144	$13.70	$12.05 - $15.35
Q2 2019	18,050	$2,587	$14.12	$13.03 - $15.24
Q1 2019	22,586	$3,258	$13.84	$12.54 - $15.05
Q4 2018	23,690	$3,026	$12.66	$11.55 - $14.20
Q3 2018	22,242	$3,128	$14.05	$12.60 - $15.12
Q2 2018	23,776	$3,037	$13.03	$12.30 - $13.70
Q1 2018	27,811	$3,587	$13.46	$12.22 - $14.21
Q4 2017	27,067	$3,554	$13.42	$12.80 - $14.34
Q3 2017	27,018	$3,450	$14.54	$12.29 - $19.64
Q2 2017	25,600	$4,907	$18.57	$17.75 - $19.46
Q1 2017	23,700	$4,451	$19.38	$18.22 - $20.60
Q4 2016	27,000	$5,330	$18.91	$16.27 - $20.73
Q3 2016	28,400	$4,755	$17.21	$16.19 - $19.18
Q2 2016	30,200	$5,286	$18.41	$16.50 - $19.60
Q1 2016	32,500	$5,841	$16.19	$14.10 - $18.23
Q4 2015	32,700	$5,863	$18.18	$16.42 - $20.98
Q3 2015	32,200	$6,326	$19.82	$16.86 - $22.65
Q2 2015	31,600	$5,375	$17.60	$16.59 - $19.79
Q1 2015	30,400	$4,908	$16.88	$15.00 - $18.26
Q4 2014	30,400	$4,908	$15.80	$12.75 - $17.70
Q3 2014	30,800	$4,030	$13.91	$12.95 - $15.59
Q2 2014	30,800	$4,331	$12.76	$9.88 - $14.61
Q1 2014	39,000	$4,079	$12.49	$11.24 - $13.58
Q4 2013	34,300	$4,271	$11.77	$9.52 - $13.00
Q3 2013	31,171	$3,234	$9.74	$8.71 - $10.89
Q2 2013	27,594	$2,400	$9.35	$8.27 - $10.50