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Pinnacle Summer Investments, Inc.
> UDR
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2015 | UDR, Inc. | UDR | 31,645 | -35,581 | 1,189,000 | -1,105,000 | $37.57 |
| 09/30/2015 | UDR, Inc. | UDR | 67,226 | 67,226 | 2,294,000 | 2,294,000 | $34.12 |
| 06/30/2015 | UDR, Inc. | UDR | 44,075 | 44,075 | 1,412,000 | 1,412,000 | $32.04 |
| 03/31/2015 | UDR, Inc. | UDR | 78,695 | 78,695 | 2,677,000 | 2,677,000 | $34.02 |
| 12/31/2014 | UDR, Inc. | UDR | 79,372 | 79,372 | 2,553,000 | 2,553,000 | $32.16 |
| 09/30/2014 | UDR, Inc. | UDR | 74,294 | 74,294 | 2,025,000 | 2,025,000 | $27.26 |
| 06/30/2014 | UDR, Inc. | UDR | 63,634 | 63,634 | 1,822,000 | 1,822,000 | $28.63 |
| 03/31/2014 | UDR, Inc. | UDR | 39,833 | 39,833 | 1,030,000 | 1,030,000 | $25.86 |
| 12/31/2013 | UDR, Inc. | UDR | 40,097 | 40,097 | 936,000 | 936,000 | $23.34 |
| 09/30/2013 | UDR, Inc. | UDR | 39,874 | 39,874 | 945,000 | 945,000 | $23.70 |
| 06/30/2013 | UDR, Inc. | UDR | 58,948 | 938 | 1,503,000 | 99,000 | $25.50 |
| 03/31/2013 | UDR, Inc. | UDR | 58,010 | 36,460 | 1,404,000 | 892,000 | $24.20 |
| 12/31/2012 | UDR, Inc. | UDR | 21,550 | 6,720 | 512,000 | 144,000 | $23.76 |
| 09/30/2012 | UDR, Inc. | UDR | 14,830 | 535 | 368,000 | -1,000 | $24.81 |
| 06/30/2012 | UDR, Inc. | UDR | 14,295 | -350 | 369,000 | -22,000 | $25.81 |
| 03/31/2012 | UDR, Inc. | UDR | 14,645 | 13,910 | 391,000 | 375,000 | $26.70 |
| 12/31/2011 | UDR, Inc. | UDR | 13,080 | 12,345 | 328,000 | 312,000 | $25.08 |
| 09/30/2011 | UDR, Inc. | UDR | 735 | 735 | 16,000 | 16,000 | $21.77 |
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