ROYAL GOLD INC

Ticker: RGLD CUSIP: 780287108 Class: COM

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

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

Q4 2025

Shares 23,370 Value ($000) $5,195 Avg Close $198.37 Range $168.88 - $235.52

Q3 2025

Shares 20,621 Value ($000) $4,136 Avg Close $172.96 Range $150.75 - $202.38

Q2 2025

Shares 19,195 Value ($000) $3,414 Avg Close $177.03 Range $151.10 - $191.78

Q1 2025

Shares 18,845 Value ($000) $3,081 Avg Close $146.68 Range $131.73 - $164.96

Q4 2024

Shares 19,076 Value ($000) $2,515 Avg Close $144.33 Range $130.67 - $155.10

Q3 2024

Shares 18,927 Value ($000) $2,655 Avg Close $136.84 Range $124.79 - $147.65

Q2 2024

Shares 18,402 Value ($000) $2,303 Avg Close $124.84 Range $118.00 - $134.56

Q1 2024

Shares 18,054 Value ($000) $2,199 Avg Close $112.92 Range $100.55 - $125.33

Q4 2023

Shares 18,363 Value ($000) $2,221 Avg Close $113.01 Range $101.82 - $125.09

Q3 2023

Shares 18,700 Value ($000) $1,988 Avg Close $113.67 Range $104.90 - $123.38

Q2 2023

Shares 18,438 Value ($000) $2,116 Avg Close $128.67 Range $110.12 - $147.82

Q1 2023

Shares 19,020 Value ($000) $2,467 Avg Close $123.20 Range $111.53 - $131.89

Q4 2022

Shares 18,521 Value ($000) $2,088 Avg Close $103.05 Range $86.75 - $116.04

Q3 2022

Shares 17,837 Value ($000) $1,673 Avg Close $99.02 Range $84.54 - $110.73

Q2 2022

Shares 17,783 Value ($000) $1,899 Avg Close $123.65 Range $103.58 - $147.70

Q1 2022

Shares 17,743 Value ($000) $2,507 Avg Close $116.88 Range $97.57 - $143.35

Q4 2021

Shares 17,666 Value ($000) $1,859 Avg Close $100.83 Range $92.01 - $108.88

Q3 2021

Shares 17,871 Value ($000) $1,707 Avg Close $112.04 Range $95.22 - $122.61

Q2 2021

Shares 17,834 Value ($000) $2,035 Avg Close $117.93 Range $107.74 - $129.69

Q1 2021

Shares 19,098 Value ($000) $2,055 Avg Close $106.67 Range $99.32 - $112.42

Q4 2020

Shares 19,022 Value ($000) $2,023 Avg Close $115.52 Range $105.73 - $126.64

Q3 2020

Shares 19,788 Value ($000) $2,378 Avg Close $131.33 Range $114.99 - $147.64

Q2 2020

Shares 14,800 Value ($000) $1,840 Avg Close $120.77 Range $86.27 - $139.63

Q1 2020

Shares 15,399 Value ($000) $1,351 Avg Close $103.25 Range $59.78 - $123.34

Q4 2019

Shares 37,195 Value ($000) $4,547 Avg Close $118.30 Range $107.00 - $131.52

Q3 2019

Shares 40,859 Value ($000) $5,034 Avg Close $121.78 Range $100.10 - $138.78

Q2 2019

Shares 47,553 Value ($000) $4,874 Avg Close $90.07 Range $80.65 - $102.62

Q1 2019

Shares 47,045 Value ($000) $4,278 Avg Close $87.35 Range $80.72 - $94.49

Q4 2018

Shares 47,018 Value ($000) $4,027 Avg Close $76.98 Range $70.16 - $86.71

Q3 2018

Shares 46,512 Value ($000) $3,584 Avg Close $82.30 Range $71.91 - $98.53

Q2 2018

Shares 45,443 Value ($000) $4,219 Avg Close $89.49 Range $85.15 - $93.50

Q1 2018

Shares 44,310 Value ($000) $3,805 Avg Close $84.30 Range $78.78 - $90.51

Q4 2017

Shares 47,113 Value ($000) $3,869 Avg Close $85.67 Range $78.25 - $90.13

Q3 2017

Shares 37,009 Value ($000) $3,184 Avg Close $86.58 Range $76.15 - $94.39

Q2 2017

Shares 27,500 Value ($000) $2,150 Avg Close $75.30 Range $67.10 - $81.29

Q1 2017

Shares 27,200 Value ($000) $1,905 Avg Close $67.82 Range $61.00 - $73.16

Q4 2016

Shares 25,200 Value ($000) $1,596 Avg Close $68.08 Range $60.21 - $79.50

Q3 2016

Shares 25,442 Value ($000) $1,970 Avg Close $80.31 Range $71.67 - $87.74

Q2 2016

Shares 25,542 Value ($000) $1,840 Avg Close $59.48 Range $49.50 - $72.04

Q1 2016

Shares 31,042 Value ($000) $1,592 Avg Close $40.77 Range $24.68 - $53.32

Q4 2015

Shares 31,042 Value ($000) $1,132 Avg Close $41.77 Range $34.42 - $53.47

Q3 2015

Shares 29,905 Value ($000) $1,405 Avg Close $51.44 Range $42.21 - $63.99

Q4 2014

Shares 40,700 Value ($000) $2,551 Avg Close $65.59 Range $55.55 - $72.81

Q3 2014

Shares 41,900 Value ($000) $2,720 Avg Close $74.64 Range $63.86 - $82.84

Q2 2014

Shares 42,800 Value ($000) $3,257 Avg Close $66.09 Range $58.86 - $76.85

Q1 2014

Shares 43,200 Value ($000) $2,705 Avg Close $61.49 Range $47.02 - $72.90

Q4 2013

Shares 47,400 Value ($000) $2,183 Avg Close $47.17 Range $42.56 - $53.76

Q3 2013

Shares 51,500 Value ($000) $2,505 Avg Close $51.85 Range $40.45 - $67.25

Q2 2013

Shares 52,900 Value ($000) $2,226 Avg Close $54.12 Range $38.63 - $71.33

Q1 2013

Shares 49,000 Value ($000) $3,480 Avg Close $72.52 Range $62.67 - $83.44

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	23,370	$5,195	$198.37	$168.88 - $235.52
Q3 2025	20,621	$4,136	$172.96	$150.75 - $202.38
Q2 2025	19,195	$3,414	$177.03	$151.10 - $191.78
Q1 2025	18,845	$3,081	$146.68	$131.73 - $164.96
Q4 2024	19,076	$2,515	$144.33	$130.67 - $155.10
Q3 2024	18,927	$2,655	$136.84	$124.79 - $147.65
Q2 2024	18,402	$2,303	$124.84	$118.00 - $134.56
Q1 2024	18,054	$2,199	$112.92	$100.55 - $125.33
Q4 2023	18,363	$2,221	$113.01	$101.82 - $125.09
Q3 2023	18,700	$1,988	$113.67	$104.90 - $123.38
Q2 2023	18,438	$2,116	$128.67	$110.12 - $147.82
Q1 2023	19,020	$2,467	$123.20	$111.53 - $131.89
Q4 2022	18,521	$2,088	$103.05	$86.75 - $116.04
Q3 2022	17,837	$1,673	$99.02	$84.54 - $110.73
Q2 2022	17,783	$1,899	$123.65	$103.58 - $147.70
Q1 2022	17,743	$2,507	$116.88	$97.57 - $143.35
Q4 2021	17,666	$1,859	$100.83	$92.01 - $108.88
Q3 2021	17,871	$1,707	$112.04	$95.22 - $122.61
Q2 2021	17,834	$2,035	$117.93	$107.74 - $129.69
Q1 2021	19,098	$2,055	$106.67	$99.32 - $112.42
Q4 2020	19,022	$2,023	$115.52	$105.73 - $126.64
Q3 2020	19,788	$2,378	$131.33	$114.99 - $147.64
Q2 2020	14,800	$1,840	$120.77	$86.27 - $139.63
Q1 2020	15,399	$1,351	$103.25	$59.78 - $123.34
Q4 2019	37,195	$4,547	$118.30	$107.00 - $131.52
Q3 2019	40,859	$5,034	$121.78	$100.10 - $138.78
Q2 2019	47,553	$4,874	$90.07	$80.65 - $102.62
Q1 2019	47,045	$4,278	$87.35	$80.72 - $94.49
Q4 2018	47,018	$4,027	$76.98	$70.16 - $86.71
Q3 2018	46,512	$3,584	$82.30	$71.91 - $98.53
Q2 2018	45,443	$4,219	$89.49	$85.15 - $93.50
Q1 2018	44,310	$3,805	$84.30	$78.78 - $90.51
Q4 2017	47,113	$3,869	$85.67	$78.25 - $90.13
Q3 2017	37,009	$3,184	$86.58	$76.15 - $94.39
Q2 2017	27,500	$2,150	$75.30	$67.10 - $81.29
Q1 2017	27,200	$1,905	$67.82	$61.00 - $73.16
Q4 2016	25,200	$1,596	$68.08	$60.21 - $79.50
Q3 2016	25,442	$1,970	$80.31	$71.67 - $87.74
Q2 2016	25,542	$1,840	$59.48	$49.50 - $72.04
Q1 2016	31,042	$1,592	$40.77	$24.68 - $53.32
Q4 2015	31,042	$1,132	$41.77	$34.42 - $53.47
Q3 2015	29,905	$1,405	$51.44	$42.21 - $63.99
Q4 2014	40,700	$2,551	$65.59	$55.55 - $72.81
Q3 2014	41,900	$2,720	$74.64	$63.86 - $82.84
Q2 2014	42,800	$3,257	$66.09	$58.86 - $76.85
Q1 2014	43,200	$2,705	$61.49	$47.02 - $72.90
Q4 2013	47,400	$2,183	$47.17	$42.56 - $53.76
Q3 2013	51,500	$2,505	$51.85	$40.45 - $67.25
Q2 2013	52,900	$2,226	$54.12	$38.63 - $71.33
Q1 2013	49,000	$3,480	$72.52	$62.67 - $83.44