AVALONBAY CMNTYS INC

Ticker: AVB CUSIP: 053484101 Class: COM

Nikko Asset Management Americas, Inc.'s Holding History (CIK: 0001480751)

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

Q3 2016

Shares 4,400 Value ($000) $782 Avg Close $130.70 Range $122.41 - $136.52

Q2 2016

Shares 4,200 Value ($000) $748 Avg Close $129.86 Range $120.04 - $138.55

Q1 2016

Shares 1,600 Value ($000) $302 Avg Close $126.35 Range $114.93 - $137.26

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	4,400	$782	$130.70	$122.41 - $136.52
Q2 2016	4,200	$748	$129.86	$120.04 - $138.55
Q1 2016	1,600	$302	$126.35	$114.93 - $137.26