WELLTOWER INC

Ticker: WELL CUSIP: 95040Q104 Class: COM

MERITAGE PORTFOLIO MANAGEMENT's Holding History (CIK: 0000881432)

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

Q4 2017

Shares 80,200 Value ($000) $5,114 Avg Close $50.40 Range $47.59 - $52.81

Q3 2017

Shares 81,440 Value ($000) $5,724 Avg Close $53.94 Range $51.99 - $56.32

Q2 2017

Shares 81,300 Value ($000) $6,085 Avg Close $53.58 Range $50.13 - $57.55

Q1 2017

Shares 82,470 Value ($000) $5,841 Avg Close $48.83 Range $46.81 - $51.72

Q4 2016

Shares 81,365 Value ($000) $5,446 Avg Close $47.28 Range $42.61 - $53.01

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	80,200	$5,114	$50.40	$47.59 - $52.81
Q3 2017	81,440	$5,724	$53.94	$51.99 - $56.32
Q2 2017	81,300	$6,085	$53.58	$50.13 - $57.55
Q1 2017	82,470	$5,841	$48.83	$46.81 - $51.72
Q4 2016	81,365	$5,446	$47.28	$42.61 - $53.01