BlackRock Fund Advisors’s KapStone Paper and Pack Corp. KS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$167M	Buy	7,591,775 +1,030,845	+16%	+$20.9M	0.03%	788
2016 Q3	$124M	Buy	6,560,930 +463,824	+8%	+$7.44M	0.03%	910
2016 Q2	$79.3M	Buy	6,097,106 +200,725	+3%	+$2.94M	0.02%	1159
2016 Q1	$81.7M	Buy	5,896,381 +72,894	+1%	+$986K	0.02%	1123
2015 Q4	$132M	Buy	5,823,487 +251,486	+5%	+$5.51M	0.03%	754
2015 Q3	$92M	Buy	5,572,001 +172,513	+3%	+$3.77M	0.02%	976
2015 Q2	$125M	Sell	5,399,488 -50,337	-0.9%	-$1.39M	0.03%	806
2015 Q1	$179M	Buy	5,449,825 +301,879	+6%	+$9.61M	0.04%	562
2014 Q4	$151M	Buy	5,147,946 +381,952	+8%	+$11.1M	0.04%	635
2014 Q3	$133M	Buy	4,765,994 +188,118	+4%	+$5.72M	0.04%	636
2014 Q2	$152M	Sell	4,577,876 -268,612	-6%	-$7.63M	0.04%	572
2014 Q1	$140M	Sell	4,846,488 -3,322	-0.1%	-$96.9K	0.04%	588
2013 Q4	$135M	Buy	4,849,810 +195,084	+4%	+$4.93M	0.04%	606
2013 Q3	$99.6M	Buy	4,654,726 +768,930	+20%	+$16.8M	0.03%	753
2013 Q2	$78.1M	Buy	+3,885,796	New	+$59.7M	0.03%	838