BlackRock Fund Advisors’s GCI Liberty, Inc. Class A-1 Common Stock GNCMA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$62.6M	Sell	3,216,920 -370,396	-10%	-$6.12M	0.01%	1534
2016 Q3	$49.3M	Buy	3,587,316 +55,051	+2%	+$785K	0.01%	1591
2016 Q2	$55.8M	Buy	3,532,265 +614,422	+21%	+$10M	0.01%	1413
2016 Q1	$53.5M	Sell	2,917,843 -19,435	-0.7%	-$356K	0.01%	1416
2015 Q4	$58.1M	Buy	2,937,278 +251,749	+9%	+$4.99M	0.01%	1377
2015 Q3	$46.4M	Sell	2,685,529 -191,460	-7%	-$3.37M	0.01%	1474
2015 Q2	$48.9M	Sell	2,876,989 -365,300	-11%	-$5.97M	0.01%	1538
2015 Q1	$51.1M	Buy	3,242,289 +272,053	+9%	+$3.99M	0.01%	1493
2014 Q4	$40.8M	Buy	2,970,236 +329,717	+12%	+$3.95M	0.01%	1597
2014 Q3	$28.8M	Sell	2,640,519 -227,920	-8%	-$2.53M	0.01%	1737
2014 Q2	$31.8M	Sell	2,868,439 -331,838	-10%	-$3.63M	0.01%	1714
2014 Q1	$36.5M	Buy	3,200,277 +716,539	+29%	+$7.58M	0.01%	1614
2013 Q4	$27.7M	Buy	2,483,738 +41,075	+2%	+$400K	0.01%	1791
2013 Q3	$23.3M	Sell	2,442,663 -182,313	-7%	-$1.68M	0.01%	1869
2013 Q2	$20.6M	Buy	+2,624,976	New	+$23.5M	0.01%	1842