BlackRock Institutional Trust’s Pitney Bowes PBI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$91.9M	Buy	6,049,097 +795,731	+15%	+$12.7M	0.01%	981
2016 Q3	$95.4M	Sell	5,253,366 -49,685	-0.9%	-$912K	0.01%	902
2016 Q2	$94.4M	Sell	5,303,051 -159,064	-3%	-$3.07M	0.02%	887
2016 Q1	$118M	Sell	5,462,115 -48,164	-0.9%	-$915K	0.02%	755
2015 Q4	$114M	Buy	5,510,279 +54,409	+1%	+$1.13M	0.02%	770
2015 Q3	$108M	Sell	5,455,870 -41,020	-0.7%	-$842K	0.02%	783
2015 Q2	$114M	Buy	5,496,890 +113,253	+2%	+$2.55M	0.02%	821
2015 Q1	$126M	Buy	5,383,637 +104,361	+2%	+$2.43M	0.02%	791
2014 Q4	$129M	Buy	5,279,276 +1,282	+0%	+$31.3K	0.02%	743
2014 Q3	$132M	Sell	5,277,994 -56,235	-1%	-$1.5M	0.02%	704
2014 Q2	$147M	Buy	5,334,229 +63,152	+1%	+$1.68M	0.02%	682
2014 Q1	$137M	Buy	5,271,077 +36,677	+0.7%	+$905K	0.02%	714
2013 Q4	$122M	Sell	5,234,400 -10,428	-0.2%	-$224K	0.02%	749
2013 Q3	$95.4M	Sell	5,244,828 -78,890	-1%	-$1.29M	0.02%	817
2013 Q2	$78.2M	Buy	+5,323,718	New	+$78.6M	0.02%	876