AVALONBAY CMNTYS INC

Ticker: AVB CUSIP: 053484101 Class: COM

Jasper Ridge Partners, L.P.'s Holding History (CIK: 0001453381)

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

Q2 2014

Shares 1,977 Value ($000) $281 Avg Close $93.88 Range $88.27 - $98.09

Q1 2014

Shares 1,977 Value ($000) $260 Avg Close $84.84 Range $76.80 - $89.72

Q4 2013

Shares 1,977 Value ($000) $234 Avg Close $82.16 Range $77.35 - $90.10

Q3 2013

Shares 1,977 Value ($000) $251 Avg Close $87.24 Range $80.23 - $93.70

Q2 2013

Shares 2,965 Value ($000) $400 Avg Close $87.72 Range $83.10 - $93.12

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	1,977	$281	$93.88	$88.27 - $98.09
Q1 2014	1,977	$260	$84.84	$76.80 - $89.72
Q4 2013	1,977	$234	$82.16	$77.35 - $90.10
Q3 2013	1,977	$251	$87.24	$80.23 - $93.70
Q2 2013	2,965	$400	$87.72	$83.10 - $93.12