UNION PAC CORP

Ticker: UNP CUSIP: 907818108 Class: Common Stock

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

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

Q4 2025

Shares 169,921 Value ($000) $39,306 Avg Close $227.32 Range $214.28 - $241.52

Q3 2025

Shares 174,484 Value ($000) $41,243 Avg Close $223.15 Range $209.61 - $237.85

Q2 2025

Shares 175,206 Value ($000) $40,311 Avg Close $218.47 Range $200.99 - $234.23

Q1 2025

Shares 177,920 Value ($000) $42,032 Avg Close $235.58 Range $217.31 - $250.85

Q4 2024

Shares 176,347 Value ($000) $40,214 Avg Close $230.22 Range $216.69 - $244.44

Q3 2024

Shares 174,937 Value ($000) $43,118 Avg Close $234.64 Range $213.12 - $250.61

Q2 2024

Shares 176,778 Value ($000) $39,998 Avg Close $225.50 Range $211.11 - $239.06

Q1 2024

Shares 174,934 Value ($000) $43,022 Avg Close $235.59 Range $224.05 - $247.16

Q4 2023

Shares 171,467 Value ($000) $42,116 Avg Close $209.24 Range $189.41 - $236.01

Q3 2023

Shares 172,576 Value ($000) $35,142 Avg Close $206.15 Range $189.41 - $227.18

Q2 2023

Shares 174,438 Value ($000) $35,694 Avg Close $187.00 Range $178.63 - $195.46

Q1 2023

Shares 167,867 Value ($000) $33,785 Avg Close $189.39 Range $172.36 - $202.21

Q4 2022

Shares 170,153 Value ($000) $35,234 Avg Close $190.19 Range $170.17 - $205.38

Q3 2022

Shares 170,812 Value ($000) $33,278 Avg Close $204.23 Range $180.38 - $223.25

Q2 2022

Shares 174,731 Value ($000) $37,267 Avg Close $208.79 Range $188.11 - $251.31

Q1 2022

Shares 176,404 Value ($000) $48,195 Avg Close $230.57 Range $215.79 - $255.44

Q4 2021

Shares 178,604 Value ($000) $44,996 Avg Close $214.98 Range $178.93 - $230.85

Q3 2021

Shares 185,249 Value ($000) $36,311 Avg Close $195.24 Range $177.47 - $206.45

Q2 2021

Shares 187,670 Value ($000) $41,274 Avg Close $200.38 Range $193.61 - $207.73

Q1 2021

Shares 189,899 Value ($000) $41,856 Avg Close $188.09 Range $172.69 - $201.16

Q4 2020

Shares 195,875 Value ($000) $40,785 Avg Close $178.06 Range $152.62 - $187.90

Q3 2020

Shares 206,368 Value ($000) $40,628 Avg Close $164.87 Range $145.81 - $183.13

Q2 2020

Shares 162,147 Value ($000) $27,414 Avg Close $141.44 Range $116.67 - $166.32

Q1 2020

Shares 124,817 Value ($000) $17,604 Avg Close $144.98 Range $92.53 - $165.42

Q4 2019

Shares 153,824 Value ($000) $27,810 Avg Close $149.35 Range $129.80 - $158.96

Q3 2019

Shares 152,374 Value ($000) $24,682 Avg Close $145.81 Range $135.51 - $156.22

Q2 2019

Shares 154,462 Value ($000) $26,121 Avg Close $147.77 Range $141.48 - $154.96

Q1 2019

Shares 163,179 Value ($000) $27,284 Avg Close $138.09 Range $113.18 - $147.67

Q4 2018

Shares 175,482 Value ($000) $24,257 Avg Close $126.42 Range $109.68 - $140.54

Q3 2018

Shares 217,517 Value ($000) $35,418 Avg Close $127.79 Range $115.79 - $141.09

Q2 2018

Shares 223,715 Value ($000) $31,696 Avg Close $117.74 Range $106.53 - $125.68

Q1 2018

Shares 224,680 Value ($000) $30,204 Avg Close $113.06 Range $101.65 - $119.96

Q4 2017

Shares 230,380 Value ($000) $30,894 Avg Close $100.79 Range $90.65 - $114.32

Q3 2017

Shares 221,550 Value ($000) $25,693 Avg Close $89.12 Range $83.79 - $97.51

Q2 2017

Shares 200,224 Value ($000) $21,806 Avg Close $90.11 Range $85.85 - $94.94

Q1 2017

Shares 201,424 Value ($000) $21,335 Avg Close $87.64 Range $82.97 - $91.31

Q4 2016

Shares 203,724 Value ($000) $21,122 Avg Close $80.32 Range $70.95 - $87.41

Q3 2016

Shares 205,124 Value ($000) $20,006 Avg Close $75.95 Range $69.69 - $79.87

Q2 2016

Shares 206,324 Value ($000) $18,002 Avg Close $68.24 Range $62.21 - $73.04

Q1 2016

Shares 229,524 Value ($000) $18,259 Avg Close $61.97 Range $53.60 - $68.66

Q4 2015

Shares 230,724 Value ($000) $18,043 Avg Close $68.29 Range $59.78 - $78.05

Q3 2015

Shares 240,124 Value ($000) $21,229 Avg Close $72.17 Range $62.57 - $78.67

Q4 2014

Shares 274,724 Value ($000) $32,727 Avg Close $89.46 Range $74.83 - $96.18

Q3 2014

Shares 295,824 Value ($000) $32,073 Avg Close $80.32 Range $74.93 - $85.79

Q2 2014

Shares 306,724 Value ($000) $30,595 Avg Close $74.77 Range $69.66 - $79.38

Q1 2014

Shares 128,062 Value ($000) $24,032 Avg Close $68.27 Range $63.27 - $73.42

Q4 2013

Shares 131,662 Value ($000) $22,119 Avg Close $60.55 Range $56.95 - $64.52

Q3 2013

Shares 136,262 Value ($000) $21,166 Avg Close $60.12 Range $58.03 - $62.72

Q2 2013

Shares 138,262 Value ($000) $21,331 Avg Close $57.06 Range $51.32 - $60.86

Q1 2013

Shares 139,062 Value ($000) $19,803 Avg Close $50.94 Range $47.88 - $54.06

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	169,921	$39,306	$227.32	$214.28 - $241.52
Q3 2025	174,484	$41,243	$223.15	$209.61 - $237.85
Q2 2025	175,206	$40,311	$218.47	$200.99 - $234.23
Q1 2025	177,920	$42,032	$235.58	$217.31 - $250.85
Q4 2024	176,347	$40,214	$230.22	$216.69 - $244.44
Q3 2024	174,937	$43,118	$234.64	$213.12 - $250.61
Q2 2024	176,778	$39,998	$225.50	$211.11 - $239.06
Q1 2024	174,934	$43,022	$235.59	$224.05 - $247.16
Q4 2023	171,467	$42,116	$209.24	$189.41 - $236.01
Q3 2023	172,576	$35,142	$206.15	$189.41 - $227.18
Q2 2023	174,438	$35,694	$187.00	$178.63 - $195.46
Q1 2023	167,867	$33,785	$189.39	$172.36 - $202.21
Q4 2022	170,153	$35,234	$190.19	$170.17 - $205.38
Q3 2022	170,812	$33,278	$204.23	$180.38 - $223.25
Q2 2022	174,731	$37,267	$208.79	$188.11 - $251.31
Q1 2022	176,404	$48,195	$230.57	$215.79 - $255.44
Q4 2021	178,604	$44,996	$214.98	$178.93 - $230.85
Q3 2021	185,249	$36,311	$195.24	$177.47 - $206.45
Q2 2021	187,670	$41,274	$200.38	$193.61 - $207.73
Q1 2021	189,899	$41,856	$188.09	$172.69 - $201.16
Q4 2020	195,875	$40,785	$178.06	$152.62 - $187.90
Q3 2020	206,368	$40,628	$164.87	$145.81 - $183.13
Q2 2020	162,147	$27,414	$141.44	$116.67 - $166.32
Q1 2020	124,817	$17,604	$144.98	$92.53 - $165.42
Q4 2019	153,824	$27,810	$149.35	$129.80 - $158.96
Q3 2019	152,374	$24,682	$145.81	$135.51 - $156.22
Q2 2019	154,462	$26,121	$147.77	$141.48 - $154.96
Q1 2019	163,179	$27,284	$138.09	$113.18 - $147.67
Q4 2018	175,482	$24,257	$126.42	$109.68 - $140.54
Q3 2018	217,517	$35,418	$127.79	$115.79 - $141.09
Q2 2018	223,715	$31,696	$117.74	$106.53 - $125.68
Q1 2018	224,680	$30,204	$113.06	$101.65 - $119.96
Q4 2017	230,380	$30,894	$100.79	$90.65 - $114.32
Q3 2017	221,550	$25,693	$89.12	$83.79 - $97.51
Q2 2017	200,224	$21,806	$90.11	$85.85 - $94.94
Q1 2017	201,424	$21,335	$87.64	$82.97 - $91.31
Q4 2016	203,724	$21,122	$80.32	$70.95 - $87.41
Q3 2016	205,124	$20,006	$75.95	$69.69 - $79.87
Q2 2016	206,324	$18,002	$68.24	$62.21 - $73.04
Q1 2016	229,524	$18,259	$61.97	$53.60 - $68.66
Q4 2015	230,724	$18,043	$68.29	$59.78 - $78.05
Q3 2015	240,124	$21,229	$72.17	$62.57 - $78.67
Q4 2014	274,724	$32,727	$89.46	$74.83 - $96.18
Q3 2014	295,824	$32,073	$80.32	$74.93 - $85.79
Q2 2014	306,724	$30,595	$74.77	$69.66 - $79.38
Q1 2014	128,062	$24,032	$68.27	$63.27 - $73.42
Q4 2013	131,662	$22,119	$60.55	$56.95 - $64.52
Q3 2013	136,262	$21,166	$60.12	$58.03 - $62.72
Q2 2013	138,262	$21,331	$57.06	$51.32 - $60.86
Q1 2013	139,062	$19,803	$50.94	$47.88 - $54.06