ARMADA HOFFLER PPTYS INC

Ticker: AHRT CUSIP: 04208T108 Class: REIT

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

InstitutionSharesValue ($000)
BlackRock, Inc.12,854,838$85,099
VANGUARD GROUP INC9,124,367$60,403
STATE STREET CORP3,209,990$21,692
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.3,000,141$19,861
Invesco Ltd.2,296,307$15,202
FRANKLIN RESOURCES INC2,234,270$14,791
FMR LLC2,204,825$14,596
GEODE CAPITAL MANAGEMENT, LLC2,158,972$14,295
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,328,026$8,792
AMERIPRISE FINANCIAL INC1,300,358$8,612
BROWN ADVISORY INC1,123,128$7,435
Berman McAleer LLC1,023,400$6,775
Aristotle Capital Boston, LLC979,978$6,487
MORGAN STANLEY886,602$5,869
NORTHERN TRUST CORP878,081$5,813
Clearstead Advisors, LLC647,745$4,288
TWO SIGMA INVESTMENTS, LP611,150$4,046
Nuveen, LLC555,739$3,679
GOLDMAN SACHS GROUP INC554,682$3,672
JPMORGAN CHASE & CO464,072$3,072
Bank of New York Mellon Corp460,869$3,051
State of New Jersey Common Pension Fund D449,006$2,972
Adams Asset Advisors, LLC409,923$2,714
PRINCIPAL FINANCIAL GROUP INC382,005$2,529
GREAT LAKES ADVISORS, LLC317,414$2,101
RENAISSANCE TECHNOLOGIES LLC303,743$2,011
STIFEL FINANCIAL CORP299,960$1,986
GW&K Investment Management, LLC278,973$2
Public Sector Pension Investment Board277,866$1,839
LSV ASSET MANAGEMENT262,804$2
BARCLAYS PLC254,277$1,683
TWO SIGMA ADVISERS, LP253,600$1,679
RHUMBLINE ADVISERS230,933$1,529
Quantinno Capital Management LP225,004$1,490
UBS Group AG219,263$1,452
Legal & General Group Plc211,805$1,402
Janney Montgomery Scott LLC203,593$1
GLOBEFLEX CAPITAL L P197,137$1,305
JANE STREET GROUP, LLC192,894$1,277
WELLS FARGO & COMPANY/MN187,831$1,243
Penserra Capital Management LLC182,332$1
DEUTSCHE BANK AG\173,221$1,147
PRICE T ROWE ASSOCIATES INC /MD/168,063$1
Cerity Partners LLC167,490$1,109
SEI INVESTMENTS CO165,161$1,093
UBS ASSET MANAGEMENT AMERICAS INC162,515$1,076
D.A. DAVIDSON & CO.158,685$1,050
Swiss National Bank158,184$1,047
AlphaQuest LLC149,610$990
TT Capital Management LLC148,175$981
American Capital Advisory, LLC145,952$966
BNP Paribas Investment Partners S.A.133,999$1
STATE OF WISCONSIN INVESTMENT BOARD128,757$852
Qube Research & Technologies Ltd127,634$845
Sterneck Capital Management, LLC125,982$834
AQR CAPITAL MANAGEMENT LLC124,305$823
NOMURA ASSET MANAGEMENT CO LTD120,200$796
DAVENPORT & Co LLC109,500$725
Asset Management One Co., Ltd.109,325$731
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.100,700$667
HSBC HOLDINGS PLC99,653$663
Brookwood Investment Group LLC97,292$644
NEW YORK STATE TEACHERS RETIREMENT SYSTEM95,761$1
BANK OF AMERICA CORP /DE/95,588$633
Universal- Beteiligungs- und Servicegesellschaft mbH88,838$588
Sumitomo Mitsui Trust Holdings, Inc.87,812$581
Versor Investments LP86,300$571
State of Alaska, Department of Revenue83,426$1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM82,689$547
GSA CAPITAL PARTNERS LLP79,031$1
PRUDENTIAL FINANCIAL INC77,964$516
SUSQUEHANNA INTERNATIONAL GROUP, LLP74,509$493
Verition Fund Management LLC72,100$477
Inspire Investing, LLC70,230$465
ALLIANCEBERNSTEIN L.P.69,500$460
MILLENNIUM MANAGEMENT LLC67,311$446
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.66,205$440
GREAT WEST LIFE ASSURANCE CO /CAN/64,608$0
Crossingbridge Advisors, LLC60,000$397
AlphaCentric Advisors LLC60,000$397
Thrivent Financial for Lutherans55,076$0
Zurcher Kantonalbank (Zurich Cantonalbank)52,126$345
ROYAL BANK OF CANADA51,598$342
Daytona Street Capital LLC50,666$335
MetLife Investment Management, LLC45,850$304
Abel Hall, LLC44,433$294
Illinois Municipal Retirement Fund42,753$283
SG Americas Securities, LLC40,132$0
State of Wyoming40,076$265
US BANCORP \DE\39,187$259
Creative Planning39,093$259
KLP KAPITALFORVALTNING AS38,600$260
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt36,815$244
Louisiana State Employees Retirement System36,700$243
Resona Asset Management Co.,Ltd.35,467$237
INTECH INVESTMENT MANAGEMENT LLC35,231$233
State of Tennessee, Department of Treasury32,043$223
ALPS ADVISORS INC31,535$209
Brevan Howard Capital Management LP31,217$207
Daiwa Securities Group Inc.30,569$0
114 other institutions1,257,440$7,513
Total (214 institutions)59,560,785$382,861