Salient Capital Advisors’s iShares MSCI ACWI ETF ACWI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-12,765	Closed	-$836K	–	64
2017 Q2	$836K	Sell	12,765 -6,926	-35%	-$450K	0.02%	129
2017 Q1	$1.25M	Sell	19,691 -360	-2%	-$22.3K	0.02%	120
2016 Q4	$1.19M	Sell	20,051 -2,900	-13%	-$170K	0.02%	117
2016 Q3	$1.36M	Sell	22,951 -190	-0.8%	-$11.1K	0.03%	106
2016 Q2	$1.3M	Buy	23,141 +410	+2%	+$23.1K	0.03%	112
2016 Q1	$1.27M	Sell	22,731 -4,549	-17%	-$241K	0.04%	108
2015 Q4	$1.52M	Sell	27,280 -8,908	-25%	-$509K	0.04%	100
2015 Q3	$1.95M	Buy	36,188 +3,233	+10%	+$186K	0.05%	101
2015 Q2	$1.96M	Buy	32,955 +8,904	+37%	+$550K	0.04%	110
2015 Q1	$1.44M	Sell	24,051 -1,848	-7%	-$110K	0.03%	115
2014 Q4	$1.51M	Sell	25,899 -14,084	-35%	-$827K	0.03%	121
2014 Q3	$2.35M	Sell	39,983 -1,292	-3%	-$77.8K	0.04%	109
2014 Q2	$2.49M	Buy	41,275 +4,370	+12%	+$259K	0.05%	94
2014 Q1	$2.15M	Hold	36,905	–	–	0.06%	95
2013 Q4	$2.13M	Buy	36,905 +10	+0%	+$560	0.07%	87
2013 Q3	$1.99M	Sell	36,895 -38,835	-51%	-$2.04M	0.08%	75
2013 Q2	$3.79M	Buy	+75,730	New	+$3.92M	0.17%	60