Global Endowment Management’s American Campus Communities, Inc. ACC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-4,200	Closed	-$200K	–	226
2019 Q1	$200K	Buy	+4,200	New	+$189K	0.03%	203
2018 Q3	–	Sell	-36,100	Closed	-$1.55M	–	244
2018 Q2	$1.55M	Buy	36,100 +3,000	+9%	+$120K	0.2%	73
2018 Q1	$1.28M	Buy	+33,100	New	+$1.25M	0.18%	73
2016 Q4	–	Sell	-22,170	Closed	-$1.13M	–	282
2016 Q3	$1.13M	Buy	22,170 +15,170	+217%	+$779K	0.19%	79
2016 Q2	$370K	Buy	+7,000	New	+$329K	0.08%	138
2015 Q4	–	Sell	-75,400	Closed	-$2.73M	–	225
2015 Q3	$2.73M	Buy	75,400 +5,600	+8%	+$204K	0.41%	74
2015 Q2	$2.63M	Sell	69,800 -6,500	-9%	-$261K	0.37%	76
2015 Q1	$3.27M	Buy	+76,300	New	+$3.26M	0.51%	52
2014 Q1	–	Sell	-67,680	Closed	-$2.18M	–	256
2013 Q4	$2.18M	Buy	67,680 +23,400	+53%	+$786K	0.44%	84
2013 Q3	$1.51M	Buy	44,280 +4,980	+13%	+$186K	0.38%	98
2013 Q2	$1.6M	Buy	+39,300	New	+$1.68M	0.44%	88