PNM RES INC

Ticker: TXNM CUSIP: 69349H107 Class: EQTY

State of Tennessee, Department of Treasury's Holding History (CIK: 0001587973)

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

Q4 2025

Shares 26,937 Value ($000) $1,587 Avg Close $57.71 Range $56.50 - $59.12

Q3 2025

Shares 28,090 Value ($000) $1,588 Avg Close $56.75 Range $56.17 - $57.42

Q2 2025

Shares 28,090 Value ($000) $1,582 Avg Close $54.45 Range $47.69 - $57.29

Q1 2025

Shares 28,090 Value ($000) $1,502 Avg Close $50.19 Range $45.71 - $55.50

Q4 2024

Shares 28,090 Value ($000) $1,381 Avg Close $46.17 Range $42.09 - $50.28

Q3 2024

Shares 28,882 Value ($000) $1,264 Avg Close $40.62 Range $35.70 - $43.81

Q2 2024

Shares 28,882 Value ($000) $1,067 Avg Close $37.24 Range $35.35 - $38.87

Q1 2024

Shares 22,890 Value ($000) $862 Avg Close $37.20 Range $34.63 - $39.67

Q4 2023

Shares 49,662 Value ($000) $2,066 Avg Close $42.83 Range $41.44 - $44.87

Q2 2023

Shares 51,679 Value ($000) $2,331 Avg Close $47.06 Range $44.35 - $49.08

Q1 2023

Shares 51,679 Value ($000) $2,516 Avg Close $49.07 Range $48.36 - $49.60

Q4 2022

Shares 55,053 Value ($000) $3 Avg Close $47.60 Range $45.65 - $49.31

Q3 2022

Shares 55,053 Value ($000) $3 Avg Close $47.57 Range $45.73 - $48.81

Q2 2022

Shares 51,079 Value ($000) $2,441 Avg Close $46.88 Range $43.43 - $48.32

Q1 2022

Shares 51,079 Value ($000) $2,435 Avg Close $45.50 Range $43.96 - $48.25

Q4 2021

Shares 41,079 Value ($000) $1,874 Avg Close $48.07 Range $43.84 - $50.11

Q3 2021

Shares 41,079 Value ($000) $2,033 Avg Close $48.93 Range $47.50 - $50.01

Q2 2021

Shares 45,170 Value ($000) $2,203 Avg Close $49.20 Range $48.36 - $49.97

Q1 2021

Shares 45,170 Value ($000) $2,216 Avg Close $48.55 Range $46.93 - $49.19

Q4 2020

Shares 98,911 Value ($000) $4,800 Avg Close $48.23 Range $40.32 - $50.25

Q3 2020

Shares 134,442 Value ($000) $5,556 Avg Close $41.72 Range $37.30 - $45.70

Q2 2020

Shares 54,442 Value ($000) $2,093 Avg Close $39.95 Range $34.24 - $46.82

Q1 2020

Shares 58,357 Value ($000) $2,218 Avg Close $48.46 Range $27.08 - $56.14

Q4 2019

Shares 60,094 Value ($000) $3,047 Avg Close $50.20 Range $47.23 - $52.98

Q3 2019

Shares 50,000 Value ($000) $2,604 Avg Close $50.49 Range $47.59 - $52.95

Q2 2018

Shares 142,800 Value ($000) $5,555 Avg Close $38.31 Range $34.95 - $40.73

Q1 2018

Shares 172,800 Value ($000) $6,610 Avg Close $36.63 Range $33.75 - $40.55

Q4 2017

Shares 152,800 Value ($000) $6,181 Avg Close $42.90 Range $39.75 - $46.00

Q3 2017

Shares 82,800 Value ($000) $3,337 Avg Close $40.66 Range $37.23 - $43.05

Q2 2017

Shares 78,762 Value ($000) $3,013 Avg Close $38.05 Range $36.00 - $40.10

Q1 2017

Shares 188,465 Value ($000) $6,974 Avg Close $35.37 Range $33.35 - $37.90

Q4 2016

Shares 82,800 Value ($000) $2,840 Avg Close $32.44 Range $30.95 - $34.53

Q3 2016

Shares 72,800 Value ($000) $2,382 Avg Close $33.44 Range $31.20 - $36.15

Q2 2016

Shares 92,800 Value ($000) $3,289 Avg Close $32.87 Range $30.62 - $35.46

Q1 2016

Shares 192,800 Value ($000) $6,501 Avg Close $31.98 Range $29.22 - $34.07

Q4 2015

Shares 192,800 Value ($000) $5,894 Avg Close $28.66 Range $26.56 - $31.23

Q3 2015

Shares 292,800 Value ($000) $8,213 Avg Close $26.09 Range $24.42 - $28.17

Q2 2015

Shares 352,800 Value ($000) $8,679 Avg Close $26.77 Range $24.49 - $29.78

Q1 2015

Shares 202,800 Value ($000) $5,922 Avg Close $29.12 Range $27.06 - $31.18

Q4 2014

Shares 202,800 Value ($000) $6,009 Avg Close $28.33 Range $24.81 - $31.60

Q3 2014

Shares 190,800 Value ($000) $4,753 Avg Close $26.52 Range $24.26 - $29.94

Q2 2014

Shares 220,800 Value ($000) $6,476 Avg Close $27.94 Range $26.19 - $29.33

Q1 2014

Shares 204,600 Value ($000) $5,530 Avg Close $25.30 Range $23.53 - $27.25

Q4 2013

Shares 200,000 Value ($000) $4,824 Avg Close $23.39 Range $22.02 - $24.53

Q3 2013

Shares 170,000 Value ($000) $3,847 Avg Close $22.75 Range $21.11 - $24.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	26,937	$1,587	$57.71	$56.50 - $59.12
Q3 2025	28,090	$1,588	$56.75	$56.17 - $57.42
Q2 2025	28,090	$1,582	$54.45	$47.69 - $57.29
Q1 2025	28,090	$1,502	$50.19	$45.71 - $55.50
Q4 2024	28,090	$1,381	$46.17	$42.09 - $50.28
Q3 2024	28,882	$1,264	$40.62	$35.70 - $43.81
Q2 2024	28,882	$1,067	$37.24	$35.35 - $38.87
Q1 2024	22,890	$862	$37.20	$34.63 - $39.67
Q4 2023	49,662	$2,066	$42.83	$41.44 - $44.87
Q2 2023	51,679	$2,331	$47.06	$44.35 - $49.08
Q1 2023	51,679	$2,516	$49.07	$48.36 - $49.60
Q4 2022	55,053	$3	$47.60	$45.65 - $49.31
Q3 2022	55,053	$3	$47.57	$45.73 - $48.81
Q2 2022	51,079	$2,441	$46.88	$43.43 - $48.32
Q1 2022	51,079	$2,435	$45.50	$43.96 - $48.25
Q4 2021	41,079	$1,874	$48.07	$43.84 - $50.11
Q3 2021	41,079	$2,033	$48.93	$47.50 - $50.01
Q2 2021	45,170	$2,203	$49.20	$48.36 - $49.97
Q1 2021	45,170	$2,216	$48.55	$46.93 - $49.19
Q4 2020	98,911	$4,800	$48.23	$40.32 - $50.25
Q3 2020	134,442	$5,556	$41.72	$37.30 - $45.70
Q2 2020	54,442	$2,093	$39.95	$34.24 - $46.82
Q1 2020	58,357	$2,218	$48.46	$27.08 - $56.14
Q4 2019	60,094	$3,047	$50.20	$47.23 - $52.98
Q3 2019	50,000	$2,604	$50.49	$47.59 - $52.95
Q2 2018	142,800	$5,555	$38.31	$34.95 - $40.73
Q1 2018	172,800	$6,610	$36.63	$33.75 - $40.55
Q4 2017	152,800	$6,181	$42.90	$39.75 - $46.00
Q3 2017	82,800	$3,337	$40.66	$37.23 - $43.05
Q2 2017	78,762	$3,013	$38.05	$36.00 - $40.10
Q1 2017	188,465	$6,974	$35.37	$33.35 - $37.90
Q4 2016	82,800	$2,840	$32.44	$30.95 - $34.53
Q3 2016	72,800	$2,382	$33.44	$31.20 - $36.15
Q2 2016	92,800	$3,289	$32.87	$30.62 - $35.46
Q1 2016	192,800	$6,501	$31.98	$29.22 - $34.07
Q4 2015	192,800	$5,894	$28.66	$26.56 - $31.23
Q3 2015	292,800	$8,213	$26.09	$24.42 - $28.17
Q2 2015	352,800	$8,679	$26.77	$24.49 - $29.78
Q1 2015	202,800	$5,922	$29.12	$27.06 - $31.18
Q4 2014	202,800	$6,009	$28.33	$24.81 - $31.60
Q3 2014	190,800	$4,753	$26.52	$24.26 - $29.94
Q2 2014	220,800	$6,476	$27.94	$26.19 - $29.33
Q1 2014	204,600	$5,530	$25.30	$23.53 - $27.25
Q4 2013	200,000	$4,824	$23.39	$22.02 - $24.53
Q3 2013	170,000	$3,847	$22.75	$21.11 - $24.39