BlackRock Institutional Trust’s SBA Communications SBAC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$395M	Buy	3,825,047 +439,747	+13%	+$46.3M	0.06%	324
2016 Q3	$380M	Buy	3,385,300 +23,296	+0.7%	+$2.63M	0.06%	322
2016 Q2	$363M	Sell	3,362,004 -225,138	-6%	-$22.8M	0.06%	323
2016 Q1	$359M	Buy	3,587,142 +72,635	+2%	+$6.94M	0.06%	324
2015 Q4	$369M	Buy	3,514,507 +57,459	+2%	+$6.22M	0.06%	313
2015 Q3	$362M	Buy	3,457,048 +59,076	+2%	+$6.88M	0.06%	308
2015 Q2	$391M	Buy	3,397,972 +45,196	+1%	+$5.3M	0.06%	307
2015 Q1	$393M	Buy	3,352,776 +79,183	+2%	+$9.35M	0.06%	319
2014 Q4	$363M	Buy	3,273,593 +133,993	+4%	+$15.1M	0.06%	331
2014 Q3	$348M	Sell	3,139,600 -75,753	-2%	-$8.19M	0.06%	333
2014 Q2	$329M	Buy	3,215,353 +8,794	+0.3%	+$844K	0.05%	349
2014 Q1	$292M	Buy	3,206,559 +40,412	+1%	+$3.75M	0.05%	370
2013 Q4	$284M	Buy	3,166,147 +131,861	+4%	+$11.3M	0.05%	365
2013 Q3	$244M	Sell	3,034,286 -24	-0%	-$1.82K	0.05%	390
2013 Q2	$225M	Buy	+3,034,310	New	+$231M	0.05%	404