THERMO FISHER SCIENTIFIC INC

Ticker: TMO CUSIP: 883556102 Class: COM

ARCADIA INVESTMENT MANAGEMENT CORP/MI's Holding History (CIK: 0001016972)

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

Q4 2025

Shares 32,270 Value ($000) $18,699 Avg Close $565.16 Range $486.57 - $601.87

Q3 2025

Shares 33,232 Value ($000) $16,118 Avg Close $464.78 Range $402.70 - $501.56

Q2 2025

Shares 32,202 Value ($000) $13,057 Avg Close $417.06 Range $384.82 - $495.18

Q1 2025

Shares 31,066 Value ($000) $15,458 Avg Close $539.78 Range $482.97 - $608.82

Q4 2024

Shares 32,271 Value ($000) $16,788 Avg Close $547.53 Range $491.20 - $617.36

Q3 2024

Shares 32,160 Value ($000) $19,893 Avg Close $589.13 Range $525.78 - $624.81

Q2 2024

Shares 32,754 Value ($000) $18,113 Avg Close $569.75 Range $526.69 - $598.64

Q1 2024

Shares 32,912 Value ($000) $19,129 Avg Close $557.71 Range $524.04 - $600.06

Q4 2023

Shares 32,941 Value ($000) $17,485 Avg Close $480.76 Range $412.73 - $532.66

Q3 2023

Shares 33,374 Value ($000) $16,893 Avg Close $528.90 Range $491.51 - $575.69

Q2 2023

Shares 32,874 Value ($000) $17,152 Avg Close $535.25 Range $494.39 - $588.28

Q1 2023

Shares 32,563 Value ($000) $18,768 Avg Close $558.70 Range $518.14 - $604.43

Q4 2022

Shares 33,389 Value ($000) $18,387 Avg Close $524.96 Range $471.30 - $579.21

Q3 2022

Shares 32,917 Value ($000) $16,695 Avg Close $554.13 Range $500.83 - $604.99

Q2 2022

Shares 34,212 Value ($000) $18,587 Avg Close $544.70 Range $492.89 - $611.86

Q1 2022

Shares 34,404 Value ($000) $20,321 Avg Close $568.16 Range $508.25 - $656.92

Q4 2021

Shares 35,247 Value ($000) $23,518 Avg Close $617.25 Range $545.68 - $664.90

Q3 2021

Shares 35,641 Value ($000) $20,363 Avg Close $542.36 Range $497.26 - $609.86

Q2 2021

Shares 36,366 Value ($000) $18,346 Avg Close $466.00 Range $433.25 - $504.51

Q1 2021

Shares 38,009 Value ($000) $17,347 Avg Close $471.13 Range $427.86 - $519.72

Q4 2020

Shares 39,394 Value ($000) $18,349 Avg Close $462.59 Range $427.16 - $525.38

Q3 2020

Shares 43,614 Value ($000) $19,256 Avg Close $407.40 Range $352.00 - $438.79

Q2 2020

Shares 42,004 Value ($000) $15,220 Avg Close $330.32 Range $266.44 - $358.87

Q1 2020

Shares 42,776 Value ($000) $12,131 Avg Close $310.51 Range $246.54 - $336.98

Q4 2019

Shares 42,804 Value ($000) $13,906 Avg Close $298.40 Range $266.00 - $325.05

Q3 2019

Shares 42,127 Value ($000) $12,270 Avg Close $281.62 Range $262.06 - $300.37

Q2 2019

Shares 43,246 Value ($000) $12,700 Avg Close $270.70 Range $248.84 - $293.42

Q1 2019

Shares 41,910 Value ($000) $11,472 Avg Close $244.42 Range $206.29 - $269.21

Q4 2018

Shares 42,438 Value ($000) $9,497 Avg Close $230.26 Range $204.59 - $249.16

Q3 2018

Shares 44,063 Value ($000) $10,755 Avg Close $225.62 Range $199.95 - $240.42

Q2 2018

Shares 44,286 Value ($000) $9,173 Avg Close $208.02 Range $195.82 - $217.41

Q1 2018

Shares 45,146 Value ($000) $9,321 Avg Close $205.54 Range $186.40 - $221.70

Q4 2017

Shares 46,655 Value ($000) $8,859 Avg Close $187.44 Range $177.57 - $196.84

Q3 2017

Shares 45,960 Value ($000) $8,696 Avg Close $177.07 Range $166.25 - $189.94

Q2 2017

Shares 42,463 Value ($000) $7,409 Avg Close $164.09 Range $148.20 - $172.95

Q1 2017

Shares 40,609 Value ($000) $6,238 Avg Close $149.18 Range $136.61 - $157.89

Q4 2016

Shares 38,483 Value ($000) $5,430 Avg Close $143.74 Range $135.56 - $156.06

Q3 2016

Shares 28,938 Value ($000) $4,603 Avg Close $150.09 Range $139.26 - $156.47

Q2 2016

Shares 30,058 Value ($000) $4,441 Avg Close $143.61 Range $136.38 - $150.60

Q1 2016

Shares 29,263 Value ($000) $4,143 Avg Close $130.26 Range $116.37 - $138.34

Q4 2015

Shares 25,023 Value ($000) $3,550 Avg Close $129.50 Range $116.40 - $139.59

Q3 2015

Shares 24,258 Value ($000) $2,966 Avg Close $126.34 Range $113.67 - $136.94

Q2 2015

Shares 25,036 Value ($000) $3,247 Avg Close $126.27 Range $121.29 - $130.90

Q1 2015

Shares 23,506 Value ($000) $3,158 Avg Close $124.72 Range $117.56 - $134.63

Q4 2014

Shares 24,537 Value ($000) $3,074 Avg Close $117.50 Range $103.69 - $125.37

Q3 2014

Shares 43,936 Value ($000) $5,347 Avg Close $117.35 Range $112.28 - $122.75

Q2 2014

Shares 43,928 Value ($000) $5,184 Avg Close $113.45 Range $107.95 - $118.89

Q1 2014

Shares 46,606 Value ($000) $5,604 Avg Close $114.47 Range $105.00 - $122.85

Q4 2013

Shares 58,661 Value ($000) $6,532 Avg Close $95.60 Range $86.22 - $107.27

Q3 2013

Shares 58,911 Value ($000) $5,429 Avg Close $86.81 Range $81.00 - $91.06

Q2 2013

Shares 57,941 Value ($000) $4,904 Avg Close $79.76 Range $72.10 - $85.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	32,270	$18,699	$565.16	$486.57 - $601.87
Q3 2025	33,232	$16,118	$464.78	$402.70 - $501.56
Q2 2025	32,202	$13,057	$417.06	$384.82 - $495.18
Q1 2025	31,066	$15,458	$539.78	$482.97 - $608.82
Q4 2024	32,271	$16,788	$547.53	$491.20 - $617.36
Q3 2024	32,160	$19,893	$589.13	$525.78 - $624.81
Q2 2024	32,754	$18,113	$569.75	$526.69 - $598.64
Q1 2024	32,912	$19,129	$557.71	$524.04 - $600.06
Q4 2023	32,941	$17,485	$480.76	$412.73 - $532.66
Q3 2023	33,374	$16,893	$528.90	$491.51 - $575.69
Q2 2023	32,874	$17,152	$535.25	$494.39 - $588.28
Q1 2023	32,563	$18,768	$558.70	$518.14 - $604.43
Q4 2022	33,389	$18,387	$524.96	$471.30 - $579.21
Q3 2022	32,917	$16,695	$554.13	$500.83 - $604.99
Q2 2022	34,212	$18,587	$544.70	$492.89 - $611.86
Q1 2022	34,404	$20,321	$568.16	$508.25 - $656.92
Q4 2021	35,247	$23,518	$617.25	$545.68 - $664.90
Q3 2021	35,641	$20,363	$542.36	$497.26 - $609.86
Q2 2021	36,366	$18,346	$466.00	$433.25 - $504.51
Q1 2021	38,009	$17,347	$471.13	$427.86 - $519.72
Q4 2020	39,394	$18,349	$462.59	$427.16 - $525.38
Q3 2020	43,614	$19,256	$407.40	$352.00 - $438.79
Q2 2020	42,004	$15,220	$330.32	$266.44 - $358.87
Q1 2020	42,776	$12,131	$310.51	$246.54 - $336.98
Q4 2019	42,804	$13,906	$298.40	$266.00 - $325.05
Q3 2019	42,127	$12,270	$281.62	$262.06 - $300.37
Q2 2019	43,246	$12,700	$270.70	$248.84 - $293.42
Q1 2019	41,910	$11,472	$244.42	$206.29 - $269.21
Q4 2018	42,438	$9,497	$230.26	$204.59 - $249.16
Q3 2018	44,063	$10,755	$225.62	$199.95 - $240.42
Q2 2018	44,286	$9,173	$208.02	$195.82 - $217.41
Q1 2018	45,146	$9,321	$205.54	$186.40 - $221.70
Q4 2017	46,655	$8,859	$187.44	$177.57 - $196.84
Q3 2017	45,960	$8,696	$177.07	$166.25 - $189.94
Q2 2017	42,463	$7,409	$164.09	$148.20 - $172.95
Q1 2017	40,609	$6,238	$149.18	$136.61 - $157.89
Q4 2016	38,483	$5,430	$143.74	$135.56 - $156.06
Q3 2016	28,938	$4,603	$150.09	$139.26 - $156.47
Q2 2016	30,058	$4,441	$143.61	$136.38 - $150.60
Q1 2016	29,263	$4,143	$130.26	$116.37 - $138.34
Q4 2015	25,023	$3,550	$129.50	$116.40 - $139.59
Q3 2015	24,258	$2,966	$126.34	$113.67 - $136.94
Q2 2015	25,036	$3,247	$126.27	$121.29 - $130.90
Q1 2015	23,506	$3,158	$124.72	$117.56 - $134.63
Q4 2014	24,537	$3,074	$117.50	$103.69 - $125.37
Q3 2014	43,936	$5,347	$117.35	$112.28 - $122.75
Q2 2014	43,928	$5,184	$113.45	$107.95 - $118.89
Q1 2014	46,606	$5,604	$114.47	$105.00 - $122.85
Q4 2013	58,661	$6,532	$95.60	$86.22 - $107.27
Q3 2013	58,911	$5,429	$86.81	$81.00 - $91.06
Q2 2013	57,941	$4,904	$79.76	$72.10 - $85.73