Avalon Capital Management’s iShares Mortgage Real Estate ETF REM Stock Holding History

Avalon Capital Management’s Portfolio REM Stock Details REM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-36,937	Closed	-$1.52M	–	79
2016 Q2	$1.52M	Buy	+36,937	New	+$1.48M	1.19%	34
2015 Q4	–	Sell	-54,194	Closed	-$2.15M	–	76
2015 Q3	$2.15M	Buy	+54,194	New	+$2.31M	1.98%	20
2015 Q2	–	Sell	-4,189	Closed	-$196K	–	73
2015 Q1	$196K	Buy	+4,189	New	+$197K	0.16%	60
2014 Q4	–	Sell	-4,854	Closed	-$229K	–	80
2014 Q3	$229K	Sell	4,854 -347	-7%	-$17.4K	0.19%	66
2014 Q2	$263K	Buy	+5,201	New	+$260K	0.22%	86
2014 Q1	–	Sell	-32,745	Closed	-$1.51M	–	123
2013 Q4	$1.51M	Buy	32,745 +20,845	+175%	+$985K	1.27%	25
2013 Q3	$571K	Sell	11,900 -4,385	-27%	-$214K	0.56%	53
2013 Q2	$825K	Buy	+16,285	New	+$951K	0.81%	38

Other funds holding REM

SAC

Smith Affiliated Capital New York $86.5B AUM 5.91% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

CHA

Cedar Hill Associates Chicago, Illinois $261M AUM 7.91% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

AWMS

Advocacy Wealth Management Services Atlanta, Georgia $2.26B AUM 13.25% 1-Year Est. Return

Avalon Capital Management's REM Position: Q3 2016 in Review

Avalon Capital Management sold out of iShares Mortgage Real Estate ETF (REM) in Q3 2016, closing a stake of 36,937 shares — an estimated $1.52M sold.

Avalon Capital Management first reported a position in REM in Q2 2013 and held it in 8 quarters. The position peaked at $2.15M in Q3 2015. 148 funds tracked by Wall St. Rank hold REM as of Q3 2016.

Avalon Capital Management reported no remaining iShares Mortgage Real Estate ETF position as of Q3 2016 after selling out during the quarter.
Avalon Capital Management sold 36,937 iShares Mortgage Real Estate ETF shares in Q3 2016, an estimated $1.52M.
Avalon Capital Management first reported a position in iShares Mortgage Real Estate ETF in Q2 2013 and held it in 8 quarters.
Avalon Capital Management's iShares Mortgage Real Estate ETF position peaked at $2.15M in Q3 2015.
148 funds tracked by Wall St. Rank held iShares Mortgage Real Estate ETF as of Q3 2016.

Based on Avalon Capital Management's 13F filing for Q3 2016, filed 18 Oct 2016.