Sit Investment Associates’s Federal Realty Investment Trust Depositary Shares, each representing a 1/1000th interest in a 5.000 percent Series C Cumulative Redeemable Preferred Share FRT.PRC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-20,000	Closed	-$503K	–	563
2017 Q4	$503K	Buy	+20,000	New	+$503K	0.01%	424