BlackRock Institutional Trust’s American Campus Communities, Inc. ACC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$280M	Buy	5,628,017 +287,914	+5%	+$13.9M	0.04%	445
2016 Q3	$272M	Sell	5,340,103 -213,990	-4%	-$11M	0.04%	442
2016 Q2	$294M	Buy	5,554,093 +135,891	+3%	+$6.38M	0.05%	389
2016 Q1	$255M	Buy	5,418,202 +678,685	+14%	+$29.3M	0.04%	438
2015 Q4	$196M	Buy	4,739,517 +94,724	+2%	+$3.74M	0.03%	541
2015 Q3	$168M	Sell	4,644,793 -126,714	-3%	-$4.62M	0.03%	592
2015 Q2	$180M	Sell	4,771,507 -23,673	-0.5%	-$949K	0.03%	603
2015 Q1	$206M	Buy	4,795,180 +165,374	+4%	+$7.07M	0.03%	562
2014 Q4	$191M	Buy	4,629,806 +347,911	+8%	+$13.7M	0.03%	562
2014 Q3	$156M	Buy	4,281,895 +56,097	+1%	+$2.17M	0.03%	618
2014 Q2	$162M	Sell	4,225,798 -23,078	-0.5%	-$884K	0.03%	634
2014 Q1	$159M	Buy	4,248,876 +176,266	+4%	+$6.24M	0.03%	632
2013 Q4	$131M	Sell	4,072,610 -42,293	-1%	-$1.42M	0.02%	695
2013 Q3	$141M	Buy	4,114,903 +64,572	+2%	+$2.41M	0.03%	614
2013 Q2	$165M	Buy	+4,050,331	New	+$174M	0.03%	518