Sanders Morris Harris’s AvalonBay Communities AVB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-11,813	Closed	-$2.13M	–	164
2016 Q2	$2.13M	Sell	11,813 -1,950	-14%	-$352K	0.5%	52
2016 Q1	$2.62M	Buy	+13,763	New	+$2.62M	0.45%	46