Joel Greenblatt acquired 75.4 Thousand Avalonbay Communities shares worth $15.4 Million. That's 0.12% of their equity portfolio (196th largest holding). The first Avalonbay Communities trade was made in Q1 2017. Since then Joel Greenblatt bought shares twenty more times and sold shares on twelve occasions. The stake costed the investor $15.2 Million, netting the investor a gain of 1.2% so far.