Avalon Capital Management’s ProShares Short Real Estate REK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-26,973	Closed	-$1.25M	–	79
2014 Q3	$1.25M	Buy	+26,973	New	+$1.25M	1.04%	30