ROYAL GOLD INC

Ticker: RGLD CUSIP: 780287108 Class: COM

Orion Investment Co's Holding History (CIK: 0002033920)

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

Q4 2025

Shares 29,798 Value ($000) $6,624 Avg Close $198.37 Range $168.88 - $235.52

Q3 2025

Shares 27,730 Value ($000) $5,562 Avg Close $172.96 Range $150.75 - $202.38

Q2 2025

Shares 27,109 Value ($000) $4,821 Avg Close $177.03 Range $151.10 - $191.78

Q1 2025

Shares 26,630 Value ($000) $4,354 Avg Close $146.68 Range $131.73 - $164.96

Q4 2024

Shares 21,516 Value ($000) $2,837 Avg Close $144.33 Range $130.67 - $155.10

Q3 2024

Shares 13,085 Value ($000) $1,836 Avg Close $136.84 Range $124.79 - $147.65

Q2 2024

Shares 13,060 Value ($000) $1,635 Avg Close $124.84 Range $118.00 - $134.56

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	29,798	$6,624	$198.37	$168.88 - $235.52
Q3 2025	27,730	$5,562	$172.96	$150.75 - $202.38
Q2 2025	27,109	$4,821	$177.03	$151.10 - $191.78
Q1 2025	26,630	$4,354	$146.68	$131.73 - $164.96
Q4 2024	21,516	$2,837	$144.33	$130.67 - $155.10
Q3 2024	13,085	$1,836	$136.84	$124.79 - $147.65
Q2 2024	13,060	$1,635	$124.84	$118.00 - $134.56