ALEXANDRIA REAL ESTATE EQ IN

Ticker: ARE CUSIP: 015271109 Class: COM

Global Endowment Management, LP's Holding History (CIK: 0001512237)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 6,400 Value ($000) $913 Avg Close $101.57 Range $85.35 - $111.26

Q4 2018

Shares 9,800 Value ($000) $1,130 Avg Close $93.31 Range $83.39 - $98.15

Q3 2018

Shares 12,700 Value ($000) $1,598 Avg Close $95.97 Range $92.29 - $98.98

Q2 2018

Shares 12,000 Value ($000) $1,514 Avg Close $94.15 Range $90.47 - $98.32

Q1 2018

Shares 9,800 Value ($000) $1,224 Avg Close $92.80 Range $85.24 - $97.95

Q4 2017

Shares 13,600 Value ($000) $1,776 Avg Close $93.55 Range $87.94 - $99.78

Q3 2015

Shares 32,800 Value ($000) $2,777 Avg Close $62.22 Range $57.35 - $65.86

Q2 2015

Shares 28,500 Value ($000) $2,492 Avg Close $63.65 Range $60.07 - $67.47

Q1 2015

Shares 5,800 Value ($000) $569 Avg Close $65.65 Range $60.25 - $70.07

Q4 2014

Shares 30,300 Value ($000) $2,689 Avg Close $56.46 Range $49.57 - $61.75

Q1 2014

Shares 61,770 Value ($000) $4,482 Avg Close $46.07 Range $41.26 - $48.74

Q4 2013

Shares 34,070 Value ($000) $2,168 Avg Close $41.68 Range $39.62 - $44.10

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	6,400	$913	$101.57	$85.35 - $111.26
Q4 2018	9,800	$1,130	$93.31	$83.39 - $98.15
Q3 2018	12,700	$1,598	$95.97	$92.29 - $98.98
Q2 2018	12,000	$1,514	$94.15	$90.47 - $98.32
Q1 2018	9,800	$1,224	$92.80	$85.24 - $97.95
Q4 2017	13,600	$1,776	$93.55	$87.94 - $99.78
Q3 2015	32,800	$2,777	$62.22	$57.35 - $65.86
Q2 2015	28,500	$2,492	$63.65	$60.07 - $67.47
Q1 2015	5,800	$569	$65.65	$60.25 - $70.07
Q4 2014	30,300	$2,689	$56.46	$49.57 - $61.75
Q1 2014	61,770	$4,482	$46.07	$41.26 - $48.74
Q4 2013	34,070	$2,168	$41.68	$39.62 - $44.10