BlackRock Fund Advisors’s Telefônica Brasil VIV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-7,420	Closed	-$143K	–	3857
2013 Q4	$143K	Sell	7,420 -11,388	-61%	-$219K	﹤0.01%	3512
2013 Q3	$422K	Buy	18,808 +4,091	+28%	+$91.8K	﹤0.01%	3218
2013 Q2	$336K	Buy	+14,717	New	+$336K	﹤0.01%	3203