UDR INC

Ticker: UDR CUSIP: 902653104 Class: EQTY

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

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

Q4 2025

Shares 306,471 Value ($000) $11,241 Avg Close $35.52 Range $32.94 - $37.05

Q3 2025

Shares 319,441 Value ($000) $11,902 Avg Close $38.50 Range $36.21 - $40.95

Q2 2025

Shares 333,563 Value ($000) $13,619 Avg Close $40.44 Range $35.42 - $44.08

Q1 2025

Shares 329,843 Value ($000) $14,899 Avg Close $41.39 Range $38.53 - $44.96

Q4 2024

Shares 328,263 Value ($000) $14,250 Avg Close $42.30 Range $39.30 - $44.64

Q3 2024

Shares 356,602 Value ($000) $16,168 Avg Close $40.60 Range $37.42 - $45.09

Q2 2024

Shares 356,602 Value ($000) $14,674 Avg Close $36.13 Range $32.98 - $38.92

Q1 2024

Shares 375,172 Value ($000) $15,405 Avg Close $34.10 Range $31.72 - $36.28

Q4 2023

Shares 356,602 Value ($000) $13,654 Avg Close $31.90 Range $28.40 - $35.64

Q3 2023

Shares 427,726 Value ($000) $15,257 Avg Close $36.13 Range $31.96 - $39.92

Q2 2023

Shares 362,474 Value ($000) $15,572 Avg Close $36.93 Range $34.46 - $39.21

Q1 2023

Shares 375,172 Value ($000) $15,405 Avg Close $36.70 Range $33.06 - $40.41

Q4 2022

Shares 375,172 Value ($000) $14,530 Avg Close $34.74 Range $32.71 - $37.36

Q3 2022

Shares 392,622 Value ($000) $16,376 Avg Close $39.97 Range $35.22 - $44.14

Q2 2022

Shares 393,027 Value ($000) $18,095 Avg Close $43.55 Range $36.30 - $51.86

Q1 2022

Shares 376,263 Value ($000) $21,586 Avg Close $48.72 Range $45.22 - $52.11

Q4 2021

Shares 378,735 Value ($000) $22,720 Avg Close $48.00 Range $44.42 - $51.56

Q3 2021

Shares 384,276 Value ($000) $20,359 Avg Close $45.26 Range $41.11 - $47.73

Q2 2021

Shares 392,834 Value ($000) $19,241 Avg Close $39.57 Range $36.06 - $42.59

Q1 2021

Shares 398,144 Value ($000) $17,463 Avg Close $34.51 Range $30.37 - $38.42

Q4 2020

Shares 431,331 Value ($000) $16,576 Avg Close $30.14 Range $24.26 - $34.15

Q3 2020

Shares 443,161 Value ($000) $14,451 Avg Close $28.71 Range $25.88 - $32.26

Q2 2020

Shares 443,021 Value ($000) $16,560 Avg Close $30.23 Range $24.94 - $34.82

Q1 2020

Shares 437,389 Value ($000) $15,982 Avg Close $36.28 Range $23.42 - $41.11

Q4 2019

Shares 431,588 Value ($000) $20,155 Avg Close $38.20 Range $36.14 - $40.29

Q3 2019

Shares 434,482 Value ($000) $21,064 Avg Close $37.21 Range $34.70 - $38.79

Q2 2019

Shares 453,771 Value ($000) $20,370 Avg Close $35.31 Range $33.77 - $36.97

Q1 2019

Shares 444,979 Value ($000) $20,229 Avg Close $33.79 Range $29.49 - $35.65

Q4 2018

Shares 448,519 Value ($000) $17,770 Avg Close $31.19 Range $29.25 - $33.20

Q3 2018

Shares 443,447 Value ($000) $17,929 Avg Close $29.80 Range $27.89 - $31.44

Q2 2018

Shares 443,239 Value ($000) $16,639 Avg Close $27.46 Range $26.19 - $28.72

Q1 2018

Shares 456,723 Value ($000) $16,268 Avg Close $26.50 Range $24.75 - $28.85

Q4 2017

Shares 457,262 Value ($000) $17,614 Avg Close $29.01 Range $27.91 - $30.11

Q3 2017

Shares 448,262 Value ($000) $17,047 Avg Close $28.71 Range $27.68 - $29.53

Q2 2017

Shares 448,222 Value ($000) $17,467 Avg Close $27.96 Range $25.97 - $29.91

Q1 2017

Shares 448,222 Value ($000) $16,253 Avg Close $26.03 Range $25.07 - $26.75

Q4 2016

Shares 447,022 Value ($000) $16,307 Avg Close $24.75 Range $23.69 - $26.38

Q3 2016

Shares 472,232 Value ($000) $16,996 Avg Close $26.10 Range $24.43 - $27.08

Q2 2016

Shares 471,385 Value ($000) $17,404 Avg Close $25.45 Range $23.43 - $27.23

Q1 2016

Shares 385,430 Value ($000) $14,851 Avg Close $25.22 Range $23.20 - $27.22

Q4 2015

Shares 385,430 Value ($000) $14,481 Avg Close $25.10 Range $23.22 - $26.64

Q3 2015

Shares 380,530 Value ($000) $13,121 Avg Close $23.14 Range $20.85 - $24.77

Q2 2015

Shares 378,249 Value ($000) $12,115 Avg Close $22.59 Range $21.38 - $23.46

Q1 2015

Shares 358,626 Value ($000) $12,204 Avg Close $22.43 Range $20.87 - $24.23

Q4 2014

Shares 387,958 Value ($000) $11,957 Avg Close $20.28 Range $18.21 - $21.62

Q3 2014

Shares 388,695 Value ($000) $10,592 Avg Close $19.39 Range $18.09 - $20.38

Q2 2014

Shares 389,145 Value ($000) $11,141 Avg Close $17.89 Range $16.74 - $19.11

Q1 2014

Shares 391,938 Value ($000) $10,124 Avg Close $16.46 Range $15.05 - $17.61

Q4 2013

Shares 424,823 Value ($000) $9,920 Avg Close $15.60 Range $14.89 - $16.56

Q3 2013

Shares 424,823 Value ($000) $10,068 Avg Close $15.69 Range $14.16 - $17.00

Q2 2013

Shares 424,823 Value ($000) $10,829 Avg Close $15.84 Range $14.71 - $17.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	306,471	$11,241	$35.52	$32.94 - $37.05
Q3 2025	319,441	$11,902	$38.50	$36.21 - $40.95
Q2 2025	333,563	$13,619	$40.44	$35.42 - $44.08
Q1 2025	329,843	$14,899	$41.39	$38.53 - $44.96
Q4 2024	328,263	$14,250	$42.30	$39.30 - $44.64
Q3 2024	356,602	$16,168	$40.60	$37.42 - $45.09
Q2 2024	356,602	$14,674	$36.13	$32.98 - $38.92
Q1 2024	375,172	$15,405	$34.10	$31.72 - $36.28
Q4 2023	356,602	$13,654	$31.90	$28.40 - $35.64
Q3 2023	427,726	$15,257	$36.13	$31.96 - $39.92
Q2 2023	362,474	$15,572	$36.93	$34.46 - $39.21
Q1 2023	375,172	$15,405	$36.70	$33.06 - $40.41
Q4 2022	375,172	$14,530	$34.74	$32.71 - $37.36
Q3 2022	392,622	$16,376	$39.97	$35.22 - $44.14
Q2 2022	393,027	$18,095	$43.55	$36.30 - $51.86
Q1 2022	376,263	$21,586	$48.72	$45.22 - $52.11
Q4 2021	378,735	$22,720	$48.00	$44.42 - $51.56
Q3 2021	384,276	$20,359	$45.26	$41.11 - $47.73
Q2 2021	392,834	$19,241	$39.57	$36.06 - $42.59
Q1 2021	398,144	$17,463	$34.51	$30.37 - $38.42
Q4 2020	431,331	$16,576	$30.14	$24.26 - $34.15
Q3 2020	443,161	$14,451	$28.71	$25.88 - $32.26
Q2 2020	443,021	$16,560	$30.23	$24.94 - $34.82
Q1 2020	437,389	$15,982	$36.28	$23.42 - $41.11
Q4 2019	431,588	$20,155	$38.20	$36.14 - $40.29
Q3 2019	434,482	$21,064	$37.21	$34.70 - $38.79
Q2 2019	453,771	$20,370	$35.31	$33.77 - $36.97
Q1 2019	444,979	$20,229	$33.79	$29.49 - $35.65
Q4 2018	448,519	$17,770	$31.19	$29.25 - $33.20
Q3 2018	443,447	$17,929	$29.80	$27.89 - $31.44
Q2 2018	443,239	$16,639	$27.46	$26.19 - $28.72
Q1 2018	456,723	$16,268	$26.50	$24.75 - $28.85
Q4 2017	457,262	$17,614	$29.01	$27.91 - $30.11
Q3 2017	448,262	$17,047	$28.71	$27.68 - $29.53
Q2 2017	448,222	$17,467	$27.96	$25.97 - $29.91
Q1 2017	448,222	$16,253	$26.03	$25.07 - $26.75
Q4 2016	447,022	$16,307	$24.75	$23.69 - $26.38
Q3 2016	472,232	$16,996	$26.10	$24.43 - $27.08
Q2 2016	471,385	$17,404	$25.45	$23.43 - $27.23
Q1 2016	385,430	$14,851	$25.22	$23.20 - $27.22
Q4 2015	385,430	$14,481	$25.10	$23.22 - $26.64
Q3 2015	380,530	$13,121	$23.14	$20.85 - $24.77
Q2 2015	378,249	$12,115	$22.59	$21.38 - $23.46
Q1 2015	358,626	$12,204	$22.43	$20.87 - $24.23
Q4 2014	387,958	$11,957	$20.28	$18.21 - $21.62
Q3 2014	388,695	$10,592	$19.39	$18.09 - $20.38
Q2 2014	389,145	$11,141	$17.89	$16.74 - $19.11
Q1 2014	391,938	$10,124	$16.46	$15.05 - $17.61
Q4 2013	424,823	$9,920	$15.60	$14.89 - $16.56
Q3 2013	424,823	$10,068	$15.69	$14.16 - $17.00
Q2 2013	424,823	$10,829	$15.84	$14.71 - $17.28