River Road Asset Management’s Alexandria Real Estate Equities ARE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-103,826	Closed	-$8.65M	–	176
2025 Q3	$8.65M	Sell	103,826 -1,783	-2%	-$143K	0.1%	147
2025 Q2	$8.07M	Buy	105,609 +44,363	+72%	+$3.3M	0.1%	149
2025 Q1	$5.67M	Buy	61,246 +7,058	+13%	+$691K	0.08%	151
2024 Q4	$5.29M	Sell	54,188 -2,036	-4%	-$223K	0.07%	151
2024 Q3	$6.68M	Sell	56,224 -4,066	-7%	-$484K	0.09%	150
2024 Q2	$7.05M	Sell	60,290 -2,635	-4%	-$314K	0.1%	140
2024 Q1	$8.11M	Sell	62,925 -438	-0.7%	-$54K	0.11%	137
2023 Q4	$8.03M	Buy	63,363 +34,033	+116%	+$3.66M	0.11%	129
2023 Q3	$2.94M	Buy	+29,330	New	+$3.41M	0.04%	171