Teachers Advisors’s AvalonBay Communities AVB Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	$216M	Buy	1,077,201 +170,682	+19%	+$34.3M	0.26%	69
2018 Q4	$158M	Sell	906,519 -46,890	-5%	-$8.16M	0.22%	84
2018 Q3	$173M	Buy	953,409 +346,861	+57%	+$62.8M	0.21%	97
2018 Q2	$104M	Sell	606,548 -38,404	-6%	-$6.6M	0.13%	159
2018 Q1	$106M	Buy	644,952 +93,002	+17%	+$15.3M	0.14%	154
2017 Q4	$98.5M	Sell	551,950 -14,662	-3%	-$2.62M	0.13%	177
2017 Q3	$101M	Sell	566,612 -22,062	-4%	-$3.94M	0.14%	169
2017 Q2	$113M	Sell	588,674 -21,285	-3%	-$4.09M	0.16%	142
2017 Q1	$112M	Sell	609,959 -5,783	-0.9%	-$1.06M	0.16%	133
2016 Q4	$109M	Sell	615,742 -196,520	-24%	-$34.8M	0.17%	121
2016 Q3	$144M	Sell	812,262 -167,282	-17%	-$29.7M	0.24%	79
2016 Q2	$177M	Sell	979,544 -1,720	-0.2%	-$310K	0.31%	57
2016 Q1	$187M	Buy	981,264 +6,536	+0.7%	+$1.24M	0.34%	50
2015 Q4	$179M	Sell	974,728 -10,946	-1%	-$2.02M	0.34%	52
2015 Q3	$172M	Buy	985,674 +51,935	+6%	+$9.08M	0.34%	44
2015 Q2	$149M	Buy	933,739 +22,841	+3%	+$3.65M	0.28%	60
2015 Q1	$159M	Sell	910,898 -414,199	-31%	-$72.2M	0.3%	53
2014 Q4	$217M	Buy	1,325,097 +61,990	+5%	+$10.1M	0.41%	32
2014 Q3	$178M	Buy	1,263,107 +56,604	+5%	+$7.98M	0.36%	34
2014 Q2	$172M	Buy	1,206,503 +12,291	+1%	+$1.75M	0.35%	34
2014 Q1	$157M	Sell	1,194,212 -2,176	-0.2%	-$286K	0.34%	38
2013 Q4	$141M	Buy	1,196,388 +24,870	+2%	+$2.94M	0.32%	41
2013 Q3	$149M	Buy	1,171,518 +452,116	+63%	+$57.5M	0.37%	33
2013 Q2	$97.1M	Buy	+719,402	New	+$97.1M	0.26%	70