NASDAQ INC

Ticker: NDAQ CUSIP: 631103108 Class: COM

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

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

Q4 2025

Shares 336,025 Value ($000) $32,638 Avg Close $89.74 Range $84.51 - $99.59

Q3 2025

Shares 361,670 Value ($000) $31,990 Avg Close $92.14 Range $85.86 - $97.06

Q2 2025

Shares 390,362 Value ($000) $34,906 Avg Close $79.17 Range $64.26 - $89.12

Q1 2025

Shares 385,722 Value ($000) $29,261 Avg Close $77.78 Range $70.93 - $83.12

Q4 2024

Shares 385,722 Value ($000) $29,820 Avg Close $76.22 Range $69.54 - $82.51

Q3 2024

Shares 371,982 Value ($000) $27,158 Avg Close $67.05 Range $58.37 - $73.75

Q2 2024

Shares 368,982 Value ($000) $22,235 Avg Close $59.26 Range $56.80 - $62.81

Q1 2024

Shares 391,680 Value ($000) $21,413 Avg Close $56.40 Range $53.48 - $62.10

Q4 2023

Shares 377,941 Value ($000) $21,973 Avg Close $51.21 Range $45.48 - $56.86

Q3 2023

Shares 379,683 Value ($000) $18,449 Avg Close $48.99 Range $46.45 - $52.31

Q2 2023

Shares 379,463 Value ($000) $18,916 Avg Close $52.14 Range $47.29 - $55.82

Q1 2023

Shares 391,680 Value ($000) $21,413 Avg Close $55.41 Range $49.15 - $61.23

Q4 2022

Shares 391,680 Value ($000) $24,030 Avg Close $59.57 Range $52.22 - $66.33

Q3 2022

Shares 401,090 Value ($000) $22,734 Avg Close $56.05 Range $48.10 - $61.70

Q2 2022

Shares 135,506 Value ($000) $20,670 Avg Close $50.24 Range $44.37 - $58.40

Q1 2022

Shares 148,541 Value ($000) $26,470 Avg Close $55.99 Range $50.74 - $66.46

Q4 2021

Shares 150,161 Value ($000) $31,535 Avg Close $64.29 Range $59.33 - $67.57

Q3 2021

Shares 145,850 Value ($000) $28,152 Avg Close $59.23 Range $54.41 - $62.83

Q2 2021

Shares 149,538 Value ($000) $26,289 Avg Close $51.63 Range $46.15 - $56.59

Q1 2021

Shares 162,136 Value ($000) $23,909 Avg Close $44.40 Range $40.70 - $47.33

Q4 2020

Shares 165,306 Value ($000) $21,943 Avg Close $39.45 Range $37.15 - $43.28

Q3 2020

Shares 167,462 Value ($000) $20,549 Avg Close $39.57 Range $36.61 - $42.63

Q2 2020

Shares 167,323 Value ($000) $19,990 Avg Close $34.41 Range $27.70 - $37.75

Q1 2020

Shares 163,148 Value ($000) $15,491 Avg Close $32.57 Range $22.06 - $36.83

Q4 2019

Shares 161,273 Value ($000) $17,272 Avg Close $31.21 Range $29.06 - $33.17

Q3 2019

Shares 165,373 Value ($000) $16,430 Avg Close $30.30 Range $28.36 - $31.95

Q2 2019

Shares 164,962 Value ($000) $15,864 Avg Close $27.79 Range $26.13 - $29.96

Q1 2019

Shares 168,147 Value ($000) $14,711 Avg Close $25.70 Range $23.63 - $27.79

Q4 2018

Shares 170,085 Value ($000) $13,874 Avg Close $25.58 Range $22.68 - $27.84

Q3 2018

Shares 171,559 Value ($000) $14,720 Avg Close $27.51 Range $25.63 - $28.81

Q2 2018

Shares 172,372 Value ($000) $15,732 Avg Close $26.73 Range $25.01 - $28.50

Q1 2018

Shares 175,453 Value ($000) $15,128 Avg Close $23.90 Range $21.51 - $25.65

Q4 2017

Shares 183,017 Value ($000) $14,061 Avg Close $22.22 Range $21.02 - $23.51

Q3 2017

Shares 185,191 Value ($000) $14,365 Avg Close $21.78 Range $20.29 - $22.97

Q2 2017

Shares 184,261 Value ($000) $13,173 Avg Close $20.04 Range $19.15 - $21.05

Q1 2017

Shares 184,261 Value ($000) $12,797 Avg Close $20.15 Range $19.10 - $20.96

Q4 2016

Shares 181,232 Value ($000) $12,164 Avg Close $19.05 Range $18.21 - $20.06

Q3 2016

Shares 178,068 Value ($000) $12,027 Avg Close $19.86 Range $18.09 - $20.59

Q2 2016

Shares 175,951 Value ($000) $11,379 Avg Close $18.30 Range $17.45 - $18.99

Q1 2016

Shares 163,461 Value ($000) $10,851 Avg Close $17.55 Range $15.69 - $19.26

Q4 2015

Shares 176,761 Value ($000) $10,282 Avg Close $16.16 Range $14.41 - $17.06

Q3 2015

Shares 174,261 Value ($000) $9,293 Avg Close $14.48 Range $13.44 - $15.38

Q2 2015

Shares 171,374 Value ($000) $8,365 Avg Close $14.10 Range $13.46 - $14.81

Q1 2015

Shares 171,374 Value ($000) $8,730 Avg Close $13.63 Range $12.50 - $14.32

Q4 2014

Shares 183,484 Value ($000) $8,800 Avg Close $12.28 Range $10.69 - $13.87

Q3 2014

Shares 185,366 Value ($000) $7,863 Avg Close $11.67 Range $10.62 - $12.33

Q2 2014

Shares 186,055 Value ($000) $7,185 Avg Close $10.13 Range $9.24 - $10.87

Q1 2014

Shares 188,799 Value ($000) $6,974 Avg Close $10.67 Range $10.00 - $11.35

Q4 2013

Shares 206,402 Value ($000) $8,215 Avg Close $10.07 Range $8.71 - $11.14

Q3 2013

Shares 206,093 Value ($000) $6,614 Avg Close $8.76 Range $8.06 - $9.39

Q2 2013

Shares 238,115 Value ($000) $7,808 Avg Close $8.32 Range $7.47 - $9.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	336,025	$32,638	$89.74	$84.51 - $99.59
Q3 2025	361,670	$31,990	$92.14	$85.86 - $97.06
Q2 2025	390,362	$34,906	$79.17	$64.26 - $89.12
Q1 2025	385,722	$29,261	$77.78	$70.93 - $83.12
Q4 2024	385,722	$29,820	$76.22	$69.54 - $82.51
Q3 2024	371,982	$27,158	$67.05	$58.37 - $73.75
Q2 2024	368,982	$22,235	$59.26	$56.80 - $62.81
Q1 2024	391,680	$21,413	$56.40	$53.48 - $62.10
Q4 2023	377,941	$21,973	$51.21	$45.48 - $56.86
Q3 2023	379,683	$18,449	$48.99	$46.45 - $52.31
Q2 2023	379,463	$18,916	$52.14	$47.29 - $55.82
Q1 2023	391,680	$21,413	$55.41	$49.15 - $61.23
Q4 2022	391,680	$24,030	$59.57	$52.22 - $66.33
Q3 2022	401,090	$22,734	$56.05	$48.10 - $61.70
Q2 2022	135,506	$20,670	$50.24	$44.37 - $58.40
Q1 2022	148,541	$26,470	$55.99	$50.74 - $66.46
Q4 2021	150,161	$31,535	$64.29	$59.33 - $67.57
Q3 2021	145,850	$28,152	$59.23	$54.41 - $62.83
Q2 2021	149,538	$26,289	$51.63	$46.15 - $56.59
Q1 2021	162,136	$23,909	$44.40	$40.70 - $47.33
Q4 2020	165,306	$21,943	$39.45	$37.15 - $43.28
Q3 2020	167,462	$20,549	$39.57	$36.61 - $42.63
Q2 2020	167,323	$19,990	$34.41	$27.70 - $37.75
Q1 2020	163,148	$15,491	$32.57	$22.06 - $36.83
Q4 2019	161,273	$17,272	$31.21	$29.06 - $33.17
Q3 2019	165,373	$16,430	$30.30	$28.36 - $31.95
Q2 2019	164,962	$15,864	$27.79	$26.13 - $29.96
Q1 2019	168,147	$14,711	$25.70	$23.63 - $27.79
Q4 2018	170,085	$13,874	$25.58	$22.68 - $27.84
Q3 2018	171,559	$14,720	$27.51	$25.63 - $28.81
Q2 2018	172,372	$15,732	$26.73	$25.01 - $28.50
Q1 2018	175,453	$15,128	$23.90	$21.51 - $25.65
Q4 2017	183,017	$14,061	$22.22	$21.02 - $23.51
Q3 2017	185,191	$14,365	$21.78	$20.29 - $22.97
Q2 2017	184,261	$13,173	$20.04	$19.15 - $21.05
Q1 2017	184,261	$12,797	$20.15	$19.10 - $20.96
Q4 2016	181,232	$12,164	$19.05	$18.21 - $20.06
Q3 2016	178,068	$12,027	$19.86	$18.09 - $20.59
Q2 2016	175,951	$11,379	$18.30	$17.45 - $18.99
Q1 2016	163,461	$10,851	$17.55	$15.69 - $19.26
Q4 2015	176,761	$10,282	$16.16	$14.41 - $17.06
Q3 2015	174,261	$9,293	$14.48	$13.44 - $15.38
Q2 2015	171,374	$8,365	$14.10	$13.46 - $14.81
Q1 2015	171,374	$8,730	$13.63	$12.50 - $14.32
Q4 2014	183,484	$8,800	$12.28	$10.69 - $13.87
Q3 2014	185,366	$7,863	$11.67	$10.62 - $12.33
Q2 2014	186,055	$7,185	$10.13	$9.24 - $10.87
Q1 2014	188,799	$6,974	$10.67	$10.00 - $11.35
Q4 2013	206,402	$8,215	$10.07	$8.71 - $11.14
Q3 2013	206,093	$6,614	$8.76	$8.06 - $9.39
Q2 2013	238,115	$7,808	$8.32	$7.47 - $9.10