BlackRock Advisors’s Visa V Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$341M	Sell	4,371,405 -1,470,827	-25%	-$115M	0.35%	69
2016 Q3	$483M	Sell	5,842,232 -1,185,389	-17%	-$98M	0.5%	40
2016 Q2	$521M	Sell	7,027,621 -455,936	-6%	-$33.8M	0.53%	39
2016 Q1	$572M	Buy	7,483,557 +404,063	+6%	+$30.9M	0.6%	35
2015 Q4	$549M	Sell	7,079,494 -629,852	-8%	-$48.8M	0.58%	32
2015 Q3	$537M	Buy	7,709,346 +96,624	+1%	+$6.73M	0.58%	30
2015 Q2	$511M	Sell	7,612,722 -1,420,729	-16%	-$95.4M	0.53%	38
2015 Q1	$591M	Buy	9,033,451 +6,718,919	+290%	+$439M	0.61%	33
2014 Q4	$607M	Sell	2,314,532 -1,025,975	-31%	-$269M	0.61%	28
2014 Q3	$713M	Sell	3,340,507 -683,171	-17%	-$146M	0.71%	28
2014 Q2	$848M	Sell	4,023,678 -232,646	-5%	-$49M	0.8%	22
2014 Q1	$919M	Buy	4,256,324 +262,061	+7%	+$56.6M	0.9%	14
2013 Q4	$889M	Sell	3,994,263 -56,798	-1%	-$12.6M	0.86%	16
2013 Q3	$774M	Sell	4,051,061 -22,020	-0.5%	-$4.21M	0.78%	17
2013 Q2	$744M	Buy	+4,073,081	New	+$744M	0.78%	23