UNION PAC CORP

Ticker: UNP CUSIP: 907818108 Class: Common Stock

Baldwin Investment Management, LLC's Holding History (CIK: 0001346378)

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

Q4 2025

Shares 12,793 Value ($000) $2,959 Avg Close $227.32 Range $214.28 - $241.52

Q3 2025

Shares 13,082 Value ($000) $3,092 Avg Close $223.15 Range $209.61 - $237.85

Q2 2025

Shares 15,770 Value ($000) $3,628 Avg Close $218.47 Range $200.99 - $234.23

Q1 2025

Shares 16,350 Value ($000) $3,863 Avg Close $235.58 Range $217.31 - $250.85

Q4 2024

Shares 15,494 Value ($000) $3,533 Avg Close $230.22 Range $216.69 - $244.44

Q3 2024

Shares 15,624 Value ($000) $3,851 Avg Close $234.64 Range $213.12 - $250.61

Q2 2024

Shares 15,789 Value ($000) $3,572 Avg Close $225.50 Range $211.11 - $239.06

Q1 2024

Shares 15,754 Value ($000) $3,874 Avg Close $235.59 Range $224.05 - $247.16

Q4 2023

Shares 15,569 Value ($000) $3,824 Avg Close $209.24 Range $189.41 - $236.01

Q3 2023

Shares 15,439 Value ($000) $3,144 Avg Close $206.15 Range $189.41 - $227.18

Q2 2023

Shares 15,955 Value ($000) $3,265 Avg Close $187.00 Range $178.63 - $195.46

Q1 2023

Shares 16,905 Value ($000) $3,402 Avg Close $189.39 Range $172.36 - $202.21

Q4 2022

Shares 16,276 Value ($000) $3,370 Avg Close $190.19 Range $170.17 - $205.38

Q3 2022

Shares 15,221 Value ($000) $2,965 Avg Close $204.23 Range $180.38 - $223.25

Q2 2022

Shares 15,370 Value ($000) $3,278 Avg Close $208.79 Range $188.11 - $251.31

Q1 2022

Shares 15,406 Value ($000) $4,209 Avg Close $230.57 Range $215.79 - $255.44

Q4 2021

Shares 15,146 Value ($000) $3,816 Avg Close $214.98 Range $178.93 - $230.85

Q3 2021

Shares 15,446 Value ($000) $3,028 Avg Close $195.24 Range $177.47 - $206.45

Q2 2021

Shares 16,001 Value ($000) $3,519 Avg Close $200.38 Range $193.61 - $207.73

Q1 2021

Shares 15,166 Value ($000) $3,343 Avg Close $188.09 Range $172.69 - $201.16

Q4 2020

Shares 15,813 Value ($000) $3,293 Avg Close $178.06 Range $152.62 - $187.90

Q3 2020

Shares 14,363 Value ($000) $2,828 Avg Close $164.87 Range $145.81 - $183.13

Q2 2020

Shares 10,476 Value ($000) $1,771 Avg Close $141.44 Range $116.67 - $166.32

Q1 2020

Shares 10,476 Value ($000) $1,478 Avg Close $144.98 Range $92.53 - $165.42

Q4 2019

Shares 10,601 Value ($000) $1,917 Avg Close $149.35 Range $129.80 - $158.96

Q3 2019

Shares 10,601 Value ($000) $1,717 Avg Close $145.81 Range $135.51 - $156.22

Q2 2019

Shares 10,601 Value ($000) $1,793 Avg Close $147.77 Range $141.48 - $154.96

Q1 2019

Shares 10,736 Value ($000) $1,795 Avg Close $138.09 Range $113.18 - $147.67

Q4 2018

Shares 11,586 Value ($000) $1,602 Avg Close $126.42 Range $109.68 - $140.54

Q3 2018

Shares 11,636 Value ($000) $1,895 Avg Close $127.79 Range $115.79 - $141.09

Q2 2018

Shares 11,636 Value ($000) $1,649 Avg Close $117.74 Range $106.53 - $125.68

Q1 2018

Shares 11,211 Value ($000) $1,507 Avg Close $113.06 Range $101.65 - $119.96

Q4 2017

Shares 11,361 Value ($000) $1,524 Avg Close $100.79 Range $90.65 - $114.32

Q3 2017

Shares 11,436 Value ($000) $1,326 Avg Close $89.12 Range $83.79 - $97.51

Q2 2017

Shares 11,436 Value ($000) $1,245 Avg Close $90.11 Range $85.85 - $94.94

Q1 2017

Shares 12,246 Value ($000) $1,297 Avg Close $87.64 Range $82.97 - $91.31

Q4 2016

Shares 13,046 Value ($000) $1,353 Avg Close $80.32 Range $70.95 - $87.41

Q3 2016

Shares 13,612 Value ($000) $1,328 Avg Close $75.95 Range $69.69 - $79.87

Q2 2016

Shares 14,837 Value ($000) $1,295 Avg Close $68.24 Range $62.21 - $73.04

Q1 2016

Shares 14,802 Value ($000) $1,177 Avg Close $61.97 Range $53.60 - $68.66

Q4 2015

Shares 14,803 Value ($000) $1,158 Avg Close $68.29 Range $59.78 - $78.05

Q3 2015

Shares 14,552 Value ($000) $1,287 Avg Close $72.17 Range $62.57 - $78.67

Q2 2015

Shares 14,402 Value ($000) $1,374 Avg Close $81.98 Range $74.88 - $88.24

Q1 2015

Shares 14,177 Value ($000) $1,536 Avg Close $91.85 Range $83.77 - $97.28

Q4 2014

Shares 14,252 Value ($000) $1,698 Avg Close $89.46 Range $74.83 - $96.18

Q3 2014

Shares 14,252 Value ($000) $1,545 Avg Close $80.32 Range $74.93 - $85.79

Q2 2014

Shares 14,252 Value ($000) $1,422 Avg Close $74.77 Range $69.66 - $79.38

Q1 2014

Shares 7,126 Value ($000) $1,337 Avg Close $68.27 Range $63.27 - $73.42

Q4 2013

Shares 7,126 Value ($000) $1,197 Avg Close $60.55 Range $56.95 - $64.52

Q3 2013

Shares 7,126 Value ($000) $1,107 Avg Close $60.12 Range $58.03 - $62.72

Q2 2013

Shares 7,235 Value ($000) $1,116 Avg Close $57.06 Range $51.32 - $60.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,793	$2,959	$227.32	$214.28 - $241.52
Q3 2025	13,082	$3,092	$223.15	$209.61 - $237.85
Q2 2025	15,770	$3,628	$218.47	$200.99 - $234.23
Q1 2025	16,350	$3,863	$235.58	$217.31 - $250.85
Q4 2024	15,494	$3,533	$230.22	$216.69 - $244.44
Q3 2024	15,624	$3,851	$234.64	$213.12 - $250.61
Q2 2024	15,789	$3,572	$225.50	$211.11 - $239.06
Q1 2024	15,754	$3,874	$235.59	$224.05 - $247.16
Q4 2023	15,569	$3,824	$209.24	$189.41 - $236.01
Q3 2023	15,439	$3,144	$206.15	$189.41 - $227.18
Q2 2023	15,955	$3,265	$187.00	$178.63 - $195.46
Q1 2023	16,905	$3,402	$189.39	$172.36 - $202.21
Q4 2022	16,276	$3,370	$190.19	$170.17 - $205.38
Q3 2022	15,221	$2,965	$204.23	$180.38 - $223.25
Q2 2022	15,370	$3,278	$208.79	$188.11 - $251.31
Q1 2022	15,406	$4,209	$230.57	$215.79 - $255.44
Q4 2021	15,146	$3,816	$214.98	$178.93 - $230.85
Q3 2021	15,446	$3,028	$195.24	$177.47 - $206.45
Q2 2021	16,001	$3,519	$200.38	$193.61 - $207.73
Q1 2021	15,166	$3,343	$188.09	$172.69 - $201.16
Q4 2020	15,813	$3,293	$178.06	$152.62 - $187.90
Q3 2020	14,363	$2,828	$164.87	$145.81 - $183.13
Q2 2020	10,476	$1,771	$141.44	$116.67 - $166.32
Q1 2020	10,476	$1,478	$144.98	$92.53 - $165.42
Q4 2019	10,601	$1,917	$149.35	$129.80 - $158.96
Q3 2019	10,601	$1,717	$145.81	$135.51 - $156.22
Q2 2019	10,601	$1,793	$147.77	$141.48 - $154.96
Q1 2019	10,736	$1,795	$138.09	$113.18 - $147.67
Q4 2018	11,586	$1,602	$126.42	$109.68 - $140.54
Q3 2018	11,636	$1,895	$127.79	$115.79 - $141.09
Q2 2018	11,636	$1,649	$117.74	$106.53 - $125.68
Q1 2018	11,211	$1,507	$113.06	$101.65 - $119.96
Q4 2017	11,361	$1,524	$100.79	$90.65 - $114.32
Q3 2017	11,436	$1,326	$89.12	$83.79 - $97.51
Q2 2017	11,436	$1,245	$90.11	$85.85 - $94.94
Q1 2017	12,246	$1,297	$87.64	$82.97 - $91.31
Q4 2016	13,046	$1,353	$80.32	$70.95 - $87.41
Q3 2016	13,612	$1,328	$75.95	$69.69 - $79.87
Q2 2016	14,837	$1,295	$68.24	$62.21 - $73.04
Q1 2016	14,802	$1,177	$61.97	$53.60 - $68.66
Q4 2015	14,803	$1,158	$68.29	$59.78 - $78.05
Q3 2015	14,552	$1,287	$72.17	$62.57 - $78.67
Q2 2015	14,402	$1,374	$81.98	$74.88 - $88.24
Q1 2015	14,177	$1,536	$91.85	$83.77 - $97.28
Q4 2014	14,252	$1,698	$89.46	$74.83 - $96.18
Q3 2014	14,252	$1,545	$80.32	$74.93 - $85.79
Q2 2014	14,252	$1,422	$74.77	$69.66 - $79.38
Q1 2014	7,126	$1,337	$68.27	$63.27 - $73.42
Q4 2013	7,126	$1,197	$60.55	$56.95 - $64.52
Q3 2013	7,126	$1,107	$60.12	$58.03 - $62.72
Q2 2013	7,235	$1,116	$57.06	$51.32 - $60.86