Avalon Capital Management’s Equity Residential EQR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-14,861	Closed	-$862K	–	97
2014 Q1	$862K	Sell	14,861 -4,485	-23%	-$260K	0.7%	56
2013 Q4	$1M	Buy	+19,346	New	+$1M	0.85%	39