AVIS BUDGET GROUP

Ticker: CAR CUSIP: 053774105 Class: Common Stock

ARCADIA INVESTMENT MANAGEMENT CORP/MI's Holding History (CIK: 0001016972)

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

Q2 2016

Shares 23 Value ($000) $1 Avg Close $26.25 Range $20.76 - $33.11

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	23	$1	$26.25	$20.76 - $33.11