Laffer Tengler Investments’s Alexandria Real Estate Equities, Inc. 7.00% Series D Cumulative Convertible Preferred Stock ARE.PRD Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-39,540	Closed	-$1.5M	–	123
2019 Q2	$1.5M	Sell	39,540 -9,290	-19%	-$354K	1.29%	30
2019 Q1	$1.85M	Sell	48,830 -1,785	-4%	-$67.6K	0.5%	107
2018 Q4	$1.69M	Sell	50,615 -1,155	-2%	-$38.6K	0.5%	103
2018 Q3	$1.82M	Buy	51,770 +72	+0.1%	+$2.53K	0.45%	123
2018 Q2	$1.84M	Sell	51,698 -6,855	-12%	-$244K	0.47%	128
2018 Q1	$2.13M	Sell	58,553 -1,165	-2%	-$42.3K	0.53%	106
2017 Q4	$2.23M	Sell	59,718 -280	-0.5%	-$10.5K	0.56%	68
2017 Q3	$2.18M	Sell	59,998 -867	-1%	-$31.5K	0.58%	68
2017 Q2	$2.21M	Sell	60,865 -11,678	-16%	-$424K	0.56%	70
2017 Q1	$2.53M	Sell	72,543 -1,682	-2%	-$58.6K	0.66%	36
2016 Q4	$2.59M	Buy	74,225 +4,317	+6%	+$151K	0.7%	28
2016 Q3	$2.46M	Buy	69,908 +577	+0.8%	+$20.3K	0.68%	42
2016 Q2	$2.34M	Sell	69,331 -1,029	-1%	-$34.7K	0.66%	46
2016 Q1	$2.05M	Buy	+70,360	New	+$2.05M	0.55%	62
2015 Q4	–	Hold	0	–	–	–	63
2015 Q3	–	Sell	-69,410	Closed	-$1.94M	–	53
2015 Q2	$1.94M	Sell	69,410 -5,790	-8%	-$162K	0.47%	64
2015 Q1	$2.21M	Buy	+75,200	New	+$2.21M	0.31%	118
2014 Q4	–	Sell	-74,800	Closed	-$2.01M	–	131
2014 Q3	$2.01M	Buy	74,800 +1,630	+2%	+$43.7K	0.3%	133
2014 Q2	$2.04M	Sell	73,170 -884	-1%	-$24.6K	0.31%	138
2014 Q1	$2M	Buy	74,054 +1,705	+2%	+$46K	0.32%	139
2013 Q4	$1.82M	Buy	+72,349	New	+$1.82M	0.3%	156
2013 Q3	–	Sell	-52,160	Closed	-$1.34M	–	145
2013 Q2	$1.34M	Buy	+52,160	New	+$1.34M	0.26%	143