State of Wisconsin Investment Board’s State National Companies, Inc. SNC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-402,650	Closed	-$4.48M	–	1361
2016 Q3	$4.48M	Buy	402,650 +52,650	+15%	+$585K	0.02%	808
2016 Q2	$3.69M	Hold	350,000	–	–	0.01%	854
2016 Q1	$4.41M	Buy	+350,000	New	+$4.41M	0.02%	809