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DENVER INVESTMENT ADVISORS LLC
> CBRE
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2018 | CBRE GROUP, INC. | CBRE | 0 | -7,905 | 0 | -342,000 | |
| 12/31/2017 | CBRE GROUP, INC. | CBRE | 7,905 | -300 | 342,000 | 31,000 | $43.26 |
| 09/30/2017 | CBRE GROUP, INC. | CBRE | 8,205 | -300 | 311,000 | 1,000 | $37.90 |
| 06/30/2017 | CBRE GROUP, INC. | CBRE | 8,505 | 8,505 | 310,000 | 310,000 | $36.45 |
| 06/30/2016 | CBRE GROUP, INC. | CBRE | 0 | -76,840 | 0 | -1,777,000 | |
| 03/31/2016 | CBRE GROUP, INC. | CBRE | 0 | -76,840 | 0 | -1,777,000 | |
| 09/30/2015 | CBRE GROUP, INC. | CBRE | 0 | -11,555 | 0 | -344,000 | |
| 06/30/2015 | CBRE GROUP, INC. | CBRE | 0 | -12,055 | 0 | -467,000 | |
| 03/31/2015 | CBRE GROUP, INC. | CBRE | 12,055 | 500 | 467,000 | 71,000 | $38.74 |
| 12/31/2014 | CBRE GROUP, INC. | CBRE | 11,555 | 0 | 396,000 | 52,000 | $34.27 |
| 09/30/2014 | CBRE GROUP, INC. | CBRE | 11,555 | -65,285 | 344,000 | -1,433,000 | $29.77 |
| 06/30/2014 | CBRE GROUP, INC. | CBRE | 11,555 | 0 | 370,000 | 53,000 | $32.02 |
| 03/31/2014 | CBRE GROUP, INC. | CBRE | 11,555 | 1,230 | 317,000 | 45,000 | $27.43 |
| 12/31/2013 | CBRE GROUP, INC. | CBRE | 10,325 | -66,515 | 272,000 | -1,505,000 | $26.34 |
| 09/30/2013 | CBRE GROUP, INC. | CBRE | 76,840 | -10,110 | 1,777,000 | -254,000 | $23.13 |
| 06/30/2013 | CBRE GROUP, INC. | CBRE | 86,950 | 86,950 | 2,031,000 | 2,031,000 | $23.36 |
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