BlackRock Institutional Trust’s Ulta Beauty ULTA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$401M	Buy	1,574,149 +56,960	+4%	+$14.2M	0.06%	318
2016 Q3	$361M	Sell	1,517,189 -43,009	-3%	-$10.9M	0.06%	345
2016 Q2	$380M	Sell	1,560,198 -98,014	-6%	-$21.3M	0.06%	314
2016 Q1	$321M	Sell	1,658,212 -4,156	-0.3%	-$724K	0.05%	349
2015 Q4	$308M	Buy	1,662,368 +64,342	+4%	+$11.1M	0.05%	371
2015 Q3	$261M	Sell	1,598,026 -37,777	-2%	-$6.22M	0.05%	415
2015 Q2	$253M	Sell	1,635,803 -123,330	-7%	-$19M	0.04%	448
2015 Q1	$265M	Buy	1,759,133 +114,888	+7%	+$15.9M	0.04%	451
2014 Q4	$210M	Sell	1,644,245 -45,463	-3%	-$5.57M	0.03%	522
2014 Q3	$200M	Buy	1,689,708 +79,947	+5%	+$7.95M	0.03%	516
2014 Q2	$147M	Sell	1,609,761 -355,222	-18%	-$32M	0.02%	683
2014 Q1	$191M	Buy	1,964,983 +400,388	+26%	+$36.1M	0.03%	535
2013 Q4	$151M	Sell	1,564,595 -240,338	-13%	-$28.2M	0.03%	626
2013 Q3	$216M	Buy	1,804,933 +301,561	+20%	+$31.3M	0.04%	436
2013 Q2	$151M	Buy	+1,503,372	New	+$135M	0.03%	546