Joel Greenblatt acquired 50.3 Thousand Avalonbay Communities shares worth $10.3 Million. That's 0.10% of their equity portfolio (269th largest holding). The first Avalonbay Communities trade was made in Q1 2017. Since then Joel Greenblatt bought shares nineteen more times and sold shares on twelve occasions. The stake costed the investor $9.92 Million, netting the investor a gain of 3.6% so far.