Davis Asset Management’s AvalonBay Communities AVB Stock Holding History

Davis Asset Management’s Portfolio AVB Stock Details AVB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q1	–	Sell	-400,000	Closed	-$101M	–	34
2021 Q4	$101M	Hold	400,000	–	–	4.78%	7
2021 Q3	$83.5M	Hold	400,000	–	–	4.32%	8
2021 Q2	$83.5M	Hold	400,000	–	–	4.44%	8
2021 Q1	$73.8M	Hold	400,000	–	–	4.2%	8
2020 Q4	$64.2M	Hold	400,000	–	–	4.41%	9
2020 Q3	$59.7M	Buy	400,000 +250,000	+167%	+$38.3M	5.47%	6
2020 Q2	$23.2M	Buy	150,000 +78,722	+110%	+$12.5M	2.3%	21
2020 Q1	$10.5M	Buy	+71,278	New	+$14.4M	1.21%	27

Other funds holding AVB

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Davis Asset Management's AVB Position: Q1 2022 in Review

Davis Asset Management sold out of AvalonBay Communities (AVB) in Q1 2022, closing a stake of 400,000 shares — an estimated $101M sold.

Davis Asset Management first reported a position in AVB in Q1 2020 and held it in 8 quarters. The position peaked at $101M in Q4 2021. 648 funds tracked by Wall St. Rank hold AVB as of Q1 2022.

Davis Asset Management reported no remaining AvalonBay Communities position as of Q1 2022 after selling out during the quarter.
Davis Asset Management sold 400,000 AvalonBay Communities shares in Q1 2022, an estimated $101M.
Davis Asset Management first reported a position in AvalonBay Communities in Q1 2020 and held it in 8 quarters.
Davis Asset Management's AvalonBay Communities position peaked at $101M in Q4 2021.
648 funds tracked by Wall St. Rank held AvalonBay Communities as of Q1 2022.

Based on Davis Asset Management's 13F filing for Q1 2022, filed 10 May 2022.