ROYAL CARIBBEAN GROUP

Ticker: RCL CUSIP: V7780T103 Class: COM

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

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

Q4 2025

Shares 225,253 Value ($000) $62,828 Avg Close $281.58 Range $243.62 - $321.85

Q3 2025

Shares 232,889 Value ($000) $75,358 Avg Close $332.02 Range $295.92 - $364.14

Q2 2025

Shares 242,261 Value ($000) $75,862 Avg Close $236.14 Range $162.49 - $312.14

Q1 2025

Shares 235,801 Value ($000) $48,443 Avg Close $233.26 Range $192.51 - $273.56

Q4 2024

Shares 234,361 Value ($000) $54,065 Avg Close $218.15 Range $167.69 - $254.83

Q3 2024

Shares 232,001 Value ($000) $41,148 Avg Close $159.29 Range $127.83 - $181.65

Q2 2024

Shares 237,031 Value ($000) $37,790 Avg Close $141.32 Range $122.90 - $159.69

Q1 2024

Shares 248,695 Value ($000) $16,240 Avg Close $122.72 Range $111.15 - $139.17

Q4 2023

Shares 241,794 Value ($000) $31,310 Avg Close $100.17 Range $77.00 - $128.71

Q3 2023

Shares 235,972 Value ($000) $21,742 Avg Close $98.44 Range $88.01 - $111.00

Q2 2023

Shares 240,852 Value ($000) $24,986 Avg Close $77.05 Range $58.34 - $103.39

Q1 2023

Shares 248,695 Value ($000) $16,240 Avg Close $64.83 Range $47.84 - $74.98

Q4 2022

Shares 251,725 Value ($000) $12,443 Avg Close $51.52 Range $36.28 - $60.71

Q3 2022

Shares 256,185 Value ($000) $9,709 Avg Close $39.81 Range $30.55 - $51.51

Q2 2022

Shares 257,815 Value ($000) $9,000 Avg Close $61.13 Range $32.43 - $86.17

Q1 2022

Shares 267,027 Value ($000) $22,372 Avg Close $77.38 Range $60.39 - $88.99

Q4 2021

Shares 278,317 Value ($000) $21,403 Avg Close $79.83 Range $63.09 - $96.57

Q3 2021

Shares 288,361 Value ($000) $25,650 Avg Close $79.49 Range $65.74 - $93.59

Q2 2021

Shares 273,977 Value ($000) $23,365 Avg Close $85.65 Range $74.82 - $96.03

Q1 2021

Shares 255,500 Value ($000) $21,873 Avg Close $77.92 Range $63.15 - $97.53

Q4 2020

Shares 241,663 Value ($000) $18,050 Avg Close $68.51 Range $50.44 - $83.63

Q3 2020

Shares 250,874 Value ($000) $16,239 Avg Close $57.86 Range $44.92 - $73.15

Q2 2020

Shares 244,259 Value ($000) $12,286 Avg Close $44.47 Range $21.87 - $74.25

Q1 2020

Shares 230,618 Value ($000) $7,419 Avg Close $89.00 Range $18.92 - $131.68

Q4 2019

Shares 226,991 Value ($000) $30,306 Avg Close $112.81 Range $96.71 - $130.98

Q3 2019

Shares 231,521 Value ($000) $25,081 Avg Close $105.84 Range $96.66 - $118.04

Q2 2019

Shares 230,698 Value ($000) $27,963 Avg Close $116.54 Range $109.83 - $125.13

Q1 2019

Shares 240,464 Value ($000) $27,562 Avg Close $108.13 Range $87.22 - $117.95

Q4 2018

Shares 243,774 Value ($000) $23,839 Avg Close $103.40 Range $84.95 - $123.99

Q3 2018

Shares 249,951 Value ($000) $32,479 Avg Close $110.01 Range $96.28 - $125.99

Q2 2018

Shares 259,363 Value ($000) $26,870 Avg Close $102.70 Range $94.93 - $112.60

Q1 2018

Shares 250,213 Value ($000) $29,460 Avg Close $117.41 Range $108.13 - $125.89

Q4 2017

Shares 257,441 Value ($000) $30,708 Avg Close $114.36 Range $108.57 - $123.53

Q3 2017

Shares 264,274 Value ($000) $31,327 Avg Close $107.51 Range $99.04 - $114.85

Q2 2017

Shares 261,775 Value ($000) $28,594 Avg Close $97.28 Range $85.87 - $106.24

Q1 2017

Shares 259,218 Value ($000) $25,432 Avg Close $85.28 Range $75.30 - $92.50

Q4 2016

Shares 259,422 Value ($000) $21,283 Avg Close $71.30 Range $61.12 - $78.60

Q3 2016

Shares 260,554 Value ($000) $19,529 Avg Close $63.35 Range $58.53 - $68.54

Q2 2016

Shares 260,729 Value ($000) $17,508 Avg Close $68.63 Range $58.39 - $75.65

Q1 2016

Shares 216,430 Value ($000) $17,780 Avg Close $69.59 Range $57.15 - $88.84

Q4 2015

Shares 223,500 Value ($000) $22,620 Avg Close $84.50 Range $77.21 - $92.04

Q3 2015

Shares 223,750 Value ($000) $19,934 Avg Close $77.56 Range $68.66 - $86.54

Q2 2015

Shares 218,024 Value ($000) $17,156 Avg Close $67.17 Range $57.98 - $73.29

Q1 2015

Shares 218,664 Value ($000) $17,898 Avg Close $69.46 Range $63.78 - $74.97

Q4 2014

Shares 241,288 Value ($000) $19,889 Avg Close $61.30 Range $45.67 - $73.51

Q3 2014

Shares 233,224 Value ($000) $15,694 Avg Close $53.95 Range $46.64 - $60.51

Q2 2014

Shares 233,049 Value ($000) $12,958 Avg Close $46.69 Range $42.94 - $49.87

Q1 2014

Shares 230,625 Value ($000) $12,583 Avg Close $43.73 Range $39.55 - $47.51

Q4 2013

Shares 247,870 Value ($000) $11,754 Avg Close $36.36 Range $30.78 - $41.02

Q3 2013

Shares 247,154 Value ($000) $9,461 Avg Close $31.90 Range $28.33 - $34.62

Q2 2013

Shares 247,234 Value ($000) $8,243 Avg Close $29.48 Range $26.58 - $32.74

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	225,253	$62,828	$281.58	$243.62 - $321.85
Q3 2025	232,889	$75,358	$332.02	$295.92 - $364.14
Q2 2025	242,261	$75,862	$236.14	$162.49 - $312.14
Q1 2025	235,801	$48,443	$233.26	$192.51 - $273.56
Q4 2024	234,361	$54,065	$218.15	$167.69 - $254.83
Q3 2024	232,001	$41,148	$159.29	$127.83 - $181.65
Q2 2024	237,031	$37,790	$141.32	$122.90 - $159.69
Q1 2024	248,695	$16,240	$122.72	$111.15 - $139.17
Q4 2023	241,794	$31,310	$100.17	$77.00 - $128.71
Q3 2023	235,972	$21,742	$98.44	$88.01 - $111.00
Q2 2023	240,852	$24,986	$77.05	$58.34 - $103.39
Q1 2023	248,695	$16,240	$64.83	$47.84 - $74.98
Q4 2022	251,725	$12,443	$51.52	$36.28 - $60.71
Q3 2022	256,185	$9,709	$39.81	$30.55 - $51.51
Q2 2022	257,815	$9,000	$61.13	$32.43 - $86.17
Q1 2022	267,027	$22,372	$77.38	$60.39 - $88.99
Q4 2021	278,317	$21,403	$79.83	$63.09 - $96.57
Q3 2021	288,361	$25,650	$79.49	$65.74 - $93.59
Q2 2021	273,977	$23,365	$85.65	$74.82 - $96.03
Q1 2021	255,500	$21,873	$77.92	$63.15 - $97.53
Q4 2020	241,663	$18,050	$68.51	$50.44 - $83.63
Q3 2020	250,874	$16,239	$57.86	$44.92 - $73.15
Q2 2020	244,259	$12,286	$44.47	$21.87 - $74.25
Q1 2020	230,618	$7,419	$89.00	$18.92 - $131.68
Q4 2019	226,991	$30,306	$112.81	$96.71 - $130.98
Q3 2019	231,521	$25,081	$105.84	$96.66 - $118.04
Q2 2019	230,698	$27,963	$116.54	$109.83 - $125.13
Q1 2019	240,464	$27,562	$108.13	$87.22 - $117.95
Q4 2018	243,774	$23,839	$103.40	$84.95 - $123.99
Q3 2018	249,951	$32,479	$110.01	$96.28 - $125.99
Q2 2018	259,363	$26,870	$102.70	$94.93 - $112.60
Q1 2018	250,213	$29,460	$117.41	$108.13 - $125.89
Q4 2017	257,441	$30,708	$114.36	$108.57 - $123.53
Q3 2017	264,274	$31,327	$107.51	$99.04 - $114.85
Q2 2017	261,775	$28,594	$97.28	$85.87 - $106.24
Q1 2017	259,218	$25,432	$85.28	$75.30 - $92.50
Q4 2016	259,422	$21,283	$71.30	$61.12 - $78.60
Q3 2016	260,554	$19,529	$63.35	$58.53 - $68.54
Q2 2016	260,729	$17,508	$68.63	$58.39 - $75.65
Q1 2016	216,430	$17,780	$69.59	$57.15 - $88.84
Q4 2015	223,500	$22,620	$84.50	$77.21 - $92.04
Q3 2015	223,750	$19,934	$77.56	$68.66 - $86.54
Q2 2015	218,024	$17,156	$67.17	$57.98 - $73.29
Q1 2015	218,664	$17,898	$69.46	$63.78 - $74.97
Q4 2014	241,288	$19,889	$61.30	$45.67 - $73.51
Q3 2014	233,224	$15,694	$53.95	$46.64 - $60.51
Q2 2014	233,049	$12,958	$46.69	$42.94 - $49.87
Q1 2014	230,625	$12,583	$43.73	$39.55 - $47.51
Q4 2013	247,870	$11,754	$36.36	$30.78 - $41.02
Q3 2013	247,154	$9,461	$31.90	$28.33 - $34.62
Q2 2013	247,234	$8,243	$29.48	$26.58 - $32.74