Nikko Asset Management Americas’s AvalonBay Communities AVB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-4,400	Closed	-$782K	–	294
2016 Q3	$782K	Buy	4,400 +200	+5%	+$35.5K	0.07%	123
2016 Q2	$748K	Buy	4,200 +2,600	+163%	+$463K	0.07%	116
2016 Q1	$302K	Buy	+1,600	New	+$302K	0.04%	188