BlackRock Fund Advisors’s SVB Financial Group SIVB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$361M	Buy	2,104,268 +104,271	+5%	+$14.9M	0.07%	307
2016 Q3	$221M	Buy	1,999,997 +87,680	+5%	+$9.13M	0.05%	486
2016 Q2	$182M	Buy	1,912,317 +94,950	+5%	+$9.71M	0.04%	540
2016 Q1	$185M	Sell	1,817,367 -57,556	-3%	-$5.57M	0.04%	526
2015 Q4	$223M	Buy	1,874,923 +145,026	+8%	+$18M	0.05%	426
2015 Q3	$200M	Buy	1,729,897 +40,395	+2%	+$5.41M	0.05%	423
2015 Q2	$243M	Buy	1,689,502 +75,923	+5%	+$10.3M	0.06%	383
2015 Q1	$205M	Buy	1,613,579 +62,852	+4%	+$7.51M	0.05%	478
2014 Q4	$180M	Buy	1,550,727 +18,840	+1%	+$2.06M	0.04%	503
2014 Q3	$172M	Buy	1,531,887 +68,410	+5%	+$7.59M	0.05%	461
2014 Q2	$171M	Buy	1,463,477 +186,389	+15%	+$20.8M	0.05%	486
2014 Q1	$164M	Sell	1,277,088 -68,833	-5%	-$8.04M	0.05%	491
2013 Q4	$141M	Buy	1,345,921 +101,499	+8%	+$9.93M	0.04%	579
2013 Q3	$107M	Buy	1,244,422 +62,462	+5%	+$5.4M	0.04%	695
2013 Q2	$98.5M	Buy	+1,181,960	New	+$86.5M	0.04%	671