Global Endowment Management’s AvalonBay Communities AVB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-1,795	Closed	-$290K	–	104
2022 Q4	$290K	Buy	1,795 +107	+6%	+$18.2K	0.03%	94
2022 Q3	$311K	Buy	+1,688	New	+$341K	0.03%	102
2019 Q1	–	Sell	-3,440	Closed	-$599K	–	208
2018 Q4	$599K	Sell	3,440 -1,960	-36%	-$354K	0.13%	78
2018 Q3	$979K	Buy	+5,400	New	+$964K	0.13%	100
2016 Q1	–	Sell	-2,500	Closed	-$460K	–	215
2015 Q4	$460K	Sell	2,500 -15,289	-86%	-$2.74M	0.08%	123
2015 Q3	$3.11M	Buy	17,789 +13,500	+315%	+$2.29M	0.46%	49
2015 Q2	$686K	Sell	4,289 -14,600	-77%	-$2.43M	0.1%	162
2015 Q1	$3.29M	Buy	18,889 +14,600	+340%	+$2.52M	0.52%	51
2014 Q4	$701K	Buy	4,289 +1,600	+60%	+$251K	0.12%	169
2014 Q3	$379K	Sell	2,689 -25,081	-90%	-$3.72M	0.06%	197
2014 Q2	$3.95M	Sell	27,770 -6,321	-19%	-$874K	0.6%	40
2014 Q1	$4.48M	Buy	34,091 +15,300	+81%	+$1.93M	0.7%	26
2013 Q4	$2.22M	Buy	18,791 +5,490	+41%	+$676K	0.45%	76
2013 Q3	$1.69M	Sell	13,301 -880	-6%	-$116K	0.42%	80
2013 Q2	$1.91M	Buy	+14,181	New	+$1.9M	0.53%	56