Teachers Advisors’s IBM IBM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	$302M	Buy	2,143,546 +439,080	+26%	+$62M	0.37%	47
2018 Q4	$194M	Sell	1,704,466 -613,858	-26%	-$69.8M	0.27%	70
2018 Q3	$351M	Buy	2,318,324 +253,768	+12%	+$38.4M	0.42%	36
2018 Q2	$288M	Buy	2,064,556 +232,139	+13%	+$32.4M	0.36%	43
2018 Q1	$281M	Buy	1,832,417 +234,733	+15%	+$36M	0.36%	47
2017 Q4	$245M	Buy	1,597,684 +82,006	+5%	+$12.6M	0.31%	53
2017 Q3	$220M	Buy	1,515,678 +59,056	+4%	+$8.57M	0.3%	54
2017 Q2	$224M	Sell	1,456,622 -40,014	-3%	-$6.16M	0.31%	50
2017 Q1	$261M	Buy	1,496,636 +48,344	+3%	+$8.42M	0.38%	39
2016 Q4	$240M	Buy	1,448,292 +41,279	+3%	+$6.85M	0.38%	39
2016 Q3	$224M	Buy	1,407,013 +100,123	+8%	+$15.9M	0.37%	42
2016 Q2	$198M	Sell	1,306,890 -50,213	-4%	-$7.62M	0.35%	47
2016 Q1	$206M	Buy	1,357,103 +106,918	+9%	+$16.2M	0.38%	45
2015 Q4	$172M	Buy	1,250,185 +84,979	+7%	+$11.7M	0.32%	53
2015 Q3	$169M	Sell	1,165,206 -128,365	-10%	-$18.6M	0.34%	45
2015 Q2	$210M	Buy	1,293,571 +138,755	+12%	+$22.6M	0.39%	33
2015 Q1	$185M	Buy	1,154,816 +84,950	+8%	+$13.6M	0.35%	40
2014 Q4	$172M	Buy	1,069,866 +54,782	+5%	+$8.79M	0.33%	46
2014 Q3	$193M	Buy	1,015,084 +44,171	+5%	+$8.38M	0.39%	31
2014 Q2	$176M	Sell	970,913 -55,749	-5%	-$10.1M	0.36%	32
2014 Q1	$198M	Sell	1,026,662 -51,015	-5%	-$9.82M	0.43%	27
2013 Q4	$202M	Buy	1,077,677 +77,394	+8%	+$14.5M	0.46%	22
2013 Q3	$185M	Buy	1,000,283 +38,381	+4%	+$7.11M	0.46%	23
2013 Q2	$184M	Buy	+961,902	New	+$184M	0.49%	24