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HORIZON KINETICS ASSET MANAGEMENT LLC
> AJG
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | Arthur J. Gallagher & Co. | AJG | 2,134 | 4 | 468,562,000 | 61,072,000 | $219,569.82 |
| 03/31/2023 | Arthur J. Gallagher & Co. | AJG | 2,130 | -32 | 407,490,000 | -133,000 | $191,309.86 |
| 12/31/2022 | Arthur J. Gallagher & Co. | AJG | 2,162 | -45 | 407,623,000 | 407,245,000 | $188,539.78 |
| 09/30/2022 | Arthur J. Gallagher & Co. | AJG | 2,207 | -23 | 378,000 | 14,000 | $171.27 |
| 06/30/2022 | Arthur J. Gallagher & Co. | AJG | 2,230 | -1,080 | 364,000 | -214,000 | $163.23 |
| 03/31/2022 | Arthur J. Gallagher & Co. | AJG | 3,310 | -19 | 578,000 | 13,000 | $174.62 |
| 12/31/2021 | Arthur J. Gallagher & Co. | AJG | 3,329 | -172 | 565,000 | 45,000 | $169.72 |
| 09/30/2021 | Arthur J. Gallagher & Co. | AJG | 3,501 | 22 | 520,000 | 33,000 | $148.53 |
| 06/30/2021 | Arthur J. Gallagher & Co. | AJG | 3,479 | 597 | 487,000 | 127,000 | $139.98 |
| 03/31/2021 | Arthur J. Gallagher & Co. | AJG | 2,882 | 83 | 360,000 | 14,000 | $124.91 |
| 12/31/2020 | Arthur J. Gallagher & Co. | AJG | 2,799 | -118 | 346,000 | 38,000 | $123.62 |
| 09/30/2020 | Arthur J. Gallagher & Co. | AJG | 2,917 | -208 | 308,000 | 3,000 | $105.59 |
| 06/30/2020 | Arthur J. Gallagher & Co. | AJG | 3,125 | 3,125 | 305,000 | 305,000 | $97.60 |
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