Avalon Investment & Advisory’s AB InBev BUD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-9,063	Closed	-$1.19M	–	333
2016 Q3	$1.19M	Sell	9,063 -655	-7%	-$86.1K	0.04%	194
2016 Q2	$1.28M	Buy	+9,718	New	+$1.28M	0.05%	165