AVALONBAY CMNTYS INC

Ticker: AVB CUSIP: 053484101 Class: COM

PROSPECTOR PARTNERS LLC's Holding History (CIK: 0001080380)

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

Q3 2014

Shares 87,400 Value ($000) $12,321 Avg Close $101.55 Range $96.10 - $107.55

Q2 2014

Shares 122,400 Value ($000) $17,404 Avg Close $93.88 Range $88.27 - $98.09

Q1 2014

Shares 109,400 Value ($000) $14,366 Avg Close $84.84 Range $76.80 - $89.72

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	87,400	$12,321	$101.55	$96.10 - $107.55
Q2 2014	122,400	$17,404	$93.88	$88.27 - $98.09
Q1 2014	109,400	$14,366	$84.84	$76.80 - $89.72