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Efficient Market Advisors, LLC
> COST
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2017 | COSTCO WHOLESALE CORP /NEW | COST | 1,919 | 0 | 322,000 | 15,000 | $167.80 |
| 12/31/2016 | COSTCO WHOLESALE CORP /NEW | COST | 1,919 | 0 | 307,000 | 14,000 | $159.98 |
| 09/30/2016 | COSTCO WHOLESALE CORP /NEW | COST | 1,919 | 34 | 293,000 | -3,000 | $152.68 |
| 06/30/2016 | COSTCO WHOLESALE CORP /NEW | COST | 1,885 | 1,885 | 296,000 | 296,000 | $157.03 |
| 03/31/2016 | COSTCO WHOLESALE CORP /NEW | COST | 1,885 | 75 | 297,000 | 89,000 | $157.56 |
| 12/31/2015 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 292,000 | 84,000 | $161.33 |
| 09/30/2015 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 262,000 | 54,000 | $144.75 |
| 06/30/2015 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 244,000 | 36,000 | $134.81 |
| 03/31/2015 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 274,000 | 66,000 | $151.38 |
| 12/31/2014 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 257,000 | 49,000 | $141.99 |
| 09/30/2014 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 227,000 | 19,000 | $125.41 |
| 06/30/2014 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 208,000 | 0 | $114.92 |
| 03/31/2014 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 202,000 | -6,000 | $111.60 |
| 12/31/2013 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 215,000 | 7,000 | $118.78 |
| 09/30/2013 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 208,000 | 8,000 | $114.92 |
| 06/30/2013 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 200,000 | 21,000 | $110.50 |
| 03/31/2013 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 192,000 | 13,000 | $106.08 |
| 12/31/2012 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 179,000 | -2,000 | $98.90 |
| 09/30/2012 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 0 | 181,000 | 9,000 | $100.00 |
| 06/30/2012 | COSTCO WHOLESALE CORP /NEW | COST | 1,810 | 1,810 | 172,000 | 172,000 | $95.03 |
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