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CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
> BFS
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | SAUL CENTERS, INC. | BFS | 15,448 | -1,537 | 568,950,000 | -93,465,000 | $36,830.01 |
| 03/31/2023 | SAUL CENTERS, INC. | BFS | 16,985 | -171 | 662,415,000 | -35,491,000 | $39,000.00 |
| 12/31/2022 | SAUL CENTERS, INC. | BFS | 17,156 | 157 | 697,906,000 | 697,269,000 | $40,680.00 |
| 09/30/2022 | SAUL CENTERS, INC. | BFS | 16,999 | -64 | 637,000 | -167,000 | $37.47 |
| 06/30/2022 | SAUL CENTERS, INC. | BFS | 17,063 | 57 | 804,000 | -92,000 | $47.12 |
| 03/31/2022 | SAUL CENTERS, INC. | BFS | 17,006 | -1,395 | 896,000 | -80,000 | $52.69 |
| 12/31/2021 | SAUL CENTERS, INC. | BFS | 18,401 | 180 | 976,000 | 173,000 | $53.04 |
| 09/30/2021 | SAUL CENTERS, INC. | BFS | 18,221 | 1,915 | 803,000 | 62,000 | $44.07 |
| 06/30/2021 | SAUL CENTERS, INC. | BFS | 16,306 | -1,683 | 741,000 | 19,000 | $45.44 |
| 03/31/2021 | SAUL CENTERS, INC. | BFS | 17,989 | 0 | 722,000 | 152,000 | $40.14 |
| 12/31/2020 | SAUL CENTERS, INC. | BFS | 17,989 | -617 | 570,000 | -30,000 | $31.69 |
| 06/30/2020 | SAUL CENTERS, INC. | BFS | 18,606 | 0 | 600,000 | -9,000 | $32.25 |
| 03/31/2020 | SAUL CENTERS, INC. | BFS | 18,606 | 214 | 609,000 | -362,000 | $32.73 |
| 12/31/2019 | SAUL CENTERS, INC. | BFS | 18,392 | -128 | 971,000 | -39,000 | $52.79 |
| 09/30/2019 | SAUL CENTERS, INC. | BFS | 18,520 | 320 | 1,010,000 | -12,000 | $54.54 |
| 06/30/2019 | SAUL CENTERS, INC. | BFS | 18,200 | 0 | 1,022,000 | 87,000 | $56.15 |
| 03/31/2019 | SAUL CENTERS, INC. | BFS | 18,200 | -608 | 935,000 | 47,000 | $51.37 |
| 12/31/2018 | SAUL CENTERS, INC. | BFS | 18,808 | 755 | 888,000 | -123,000 | $47.21 |
| 09/30/2018 | SAUL CENTERS, INC. | BFS | 18,053 | 315 | 1,011,000 | 61,000 | $56.00 |
| 06/30/2018 | SAUL CENTERS, INC. | BFS | 17,738 | 513 | 950,000 | 72,000 | $53.56 |
| 03/31/2018 | SAUL CENTERS, INC. | BFS | 17,225 | -666 | 878,000 | -227,000 | $50.97 |
| 12/31/2017 | SAUL CENTERS, INC. | BFS | 17,891 | 136 | 1,105,000 | 6,000 | $61.76 |
| 09/30/2017 | SAUL CENTERS, INC. | BFS | 17,755 | -1,970 | 1,099,000 | -45,000 | $61.90 |
| 06/30/2017 | SAUL CENTERS, INC. | BFS | 19,725 | 800 | 1,144,000 | -22,000 | $58.00 |
| 03/31/2017 | SAUL CENTERS, INC. | BFS | 18,925 | 18,925 | 1,166,000 | 1,166,000 | $61.61 |
| 06/30/2013 | SAUL CENTERS, INC. | BFS | 0 | -13,127 | 0 | -574,000 | |
| 03/31/2013 | SAUL CENTERS, INC. | BFS | 0 | -13,227 | 0 | -566,000 | |
| 12/31/2012 | SAUL CENTERS, INC. | BFS | 13,227 | -400 | 566,000 | -39,000 | $42.79 |
| 09/30/2012 | SAUL CENTERS, INC. | BFS | 13,627 | 100 | 605,000 | 25,000 | $44.40 |
| 06/30/2012 | SAUL CENTERS, INC. | BFS | 13,527 | 10,021 | 580,000 | 438,000 | $42.88 |
| 03/31/2012 | SAUL CENTERS, INC. | BFS | 3,506 | 0 | 142,000 | 18,000 | $40.50 |
| 12/31/2011 | SAUL CENTERS, INC. | BFS | 3,506 | 0 | 124,000 | 5,000 | $35.37 |
| 09/30/2011 | SAUL CENTERS, INC. | BFS | 3,506 | 0 | 119,000 | -19,000 | $33.94 |
| 06/30/2011 | SAUL CENTERS, INC. | BFS | 3,506 | 403 | 138,000 | 0 | $39.36 |
| 03/31/2011 | SAUL CENTERS, INC. | BFS | 3,103 | 0 | 138,000 | -9,000 | $44.47 |
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