Johnson Investment Counsel’s AvalonBay Communities AVB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-2,084	Closed	-$358K	–	635
2018 Q2	$358K	Hold	2,084	–	–	0.01%	486
2018 Q1	$342K	Hold	2,084	–	–	0.01%	501
2017 Q4	$371K	Hold	2,084	–	–	0.01%	488
2017 Q3	$371K	Hold	2,084	–	–	0.01%	473
2017 Q2	$400K	Sell	2,084 -42	-2%	-$8.03K	0.01%	462
2017 Q1	$390K	Buy	2,126 +42	+2%	+$7.54K	0.01%	448
2016 Q4	$369K	Hold	2,084	–	–	0.01%	440
2016 Q3	$370K	Hold	2,084	–	–	0.01%	417
2016 Q2	$375K	Sell	2,084 -65	-3%	-$11.7K	0.01%	406
2016 Q1	$408K	Hold	2,149	–	–	0.01%	378
2015 Q4	$395K	Buy	2,149 +65	+3%	+$11.6K	0.01%	386
2015 Q3	$364K	Hold	2,084	–	–	0.01%	403
2015 Q2	$333K	Sell	2,084 -200	-9%	-$33.3K	0.01%	424
2015 Q1	$397K	Hold	2,284	–	–	0.01%	377
2014 Q4	$373K	Hold	2,284	–	–	0.01%	393
2014 Q3	$321K	Hold	2,284	–	–	0.01%	421
2014 Q2	$324K	Sell	2,284 -400	-15%	-$55.3K	0.01%	388
2014 Q1	$352K	Buy	2,684 +200	+8%	+$25.2K	0.01%	360
2013 Q4	$293K	Hold	2,484	–	–	0.01%	426
2013 Q3	$315K	Hold	2,484	–	–	0.01%	369
2013 Q2	$335K	Buy	+2,484	New	+$332K	0.01%	348