Perennial Investment Partners’s AvalonBay Communities AVB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-14,230	Closed	-$2.01M	–	6
2014 Q3	$2.01M	Buy	+14,230	New	+$2.01M	1.13%	38
2013 Q4	–	Sell	-90,726	Closed	-$11.5M	–	74
2013 Q3	$11.5M	Sell	90,726 -14,596	-14%	-$1.85M	2.97%	5
2013 Q2	$14.2M	Buy	+105,322	New	+$14.2M	3.64%	3