Avalon Capital Management’s iShares Residential and Multisector Real Estate ETF REZ Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-35,857	Closed	-$2.13M	–	77
2015 Q3	$2.13M	Buy	35,857 +4,500	+14%	+$264K	1.96%	21
2015 Q2	$1.76M	Hold	31,357	–	–	1.6%	28
2015 Q1	$1.95M	Sell	31,357 -100	-0.3%	-$6.24K	1.58%	25
2014 Q4	$1.85M	Sell	31,457 -708	-2%	-$40.2K	1.42%	28
2014 Q3	$1.65M	Sell	32,165 -955	-3%	-$51.5K	1.37%	24
2014 Q2	$1.77M	Sell	33,120 -1,246	-4%	-$65.4K	1.47%	23
2014 Q1	$1.72M	Sell	34,366 -11,123	-24%	-$540K	1.39%	24
2013 Q4	$2.05M	Buy	45,489 +12,959	+40%	+$617K	1.73%	12
2013 Q3	$1.56M	Sell	32,530 -4,174	-11%	-$207K	1.54%	17
2013 Q2	$1.88M	Buy	+36,704	New	+$1.95M	1.85%	12

Other funds holding REZ

FPTW

Franklin, Parlapiano, Turner & Welch Houston, Texas $442M AUM 14.73% 1-Year Est. Return

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

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

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

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

CIM

Confluence Investment Management St. Louis, Missouri $6.4B AUM 9.79% 1-Year Est. Return

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

HighTower Advisors Chicago, Illinois $94.2B AUM 21.24% 1-Year Est. Return

BFEC

Benjamin F. Edwards & Company St. Louis, Missouri $5.69B AUM 15.37% 1-Year Est. Return

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

Avalon Capital Management's REZ Position: Q4 2015 in Review

Avalon Capital Management sold out of iShares Residential and Multisector Real Estate ETF (REZ) in Q4 2015, closing a stake of 35,857 shares — an estimated $2.13M sold.

Avalon Capital Management first reported a position in REZ in Q2 2013 and held it in 10 quarters. The position peaked at $2.13M in Q3 2015. 67 funds tracked by Wall St. Rank hold REZ as of Q4 2015.

Avalon Capital Management reported no remaining iShares Residential and Multisector Real Estate ETF position as of Q4 2015 after selling out during the quarter.
Avalon Capital Management sold 35,857 iShares Residential and Multisector Real Estate ETF shares in Q4 2015, an estimated $2.13M.
Avalon Capital Management first reported a position in iShares Residential and Multisector Real Estate ETF in Q2 2013 and held it in 10 quarters.
Avalon Capital Management's iShares Residential and Multisector Real Estate ETF position peaked at $2.13M in Q3 2015.
67 funds tracked by Wall St. Rank held iShares Residential and Multisector Real Estate ETF as of Q4 2015.

Based on Avalon Capital Management's 13F filing for Q4 2015, filed 22 Jan 2016.