Jennifer Banks

ARE

CO-CHIEF OPERATING OFFICER · ALEXANDRIA REAL ESTATE EQUITIES, INC. · CIK 0001588056

FILING MIX · LIFETIME0%/100%

BUYS

SELLS

TOTAL VALUE

$1.03M

COMPANIES

ACTIVE SINCE

Feb 2020

HOLDINGS NOW

60,571

AVG SELL PX

$159.29

Trades · vs SPY

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Performance · forward returns vs SPY

2 backtested trades · 8 horizons

Forward-return performance of every backtestable P/S trade by Jennifer Banks, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	2	+100.00%	-3.00%	-0.35%	-2.65%	-2.65%	—
14d	2	+100.00%	-8.25%	-4.79%	-3.46%	-3.46%	—
30d	2	+100.00%	-8.48%	-7.71%	-0.77%	-0.77%	—
60d	2	+50.00%	-5.42%	-6.28%	+0.86%	+0.86%	—
90d	2	+50.00%	-0.56%	-1.06%	+0.51%	+0.51%	—
180d	2	+0.00%	+1.51%	+8.95%	-7.43%	-7.43%	—
1y	2	+0.00%	+10.08%	+31.96%	-21.88%	-21.88%	—
2y	2	+0.00%	+17.15%	+40.38%	-23.23%	-23.23%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

ARE · 60,571 shares · as of Apr 30, 2020

Trading cadence · quarterly flow

BUY ● SELL ●

2020

FLOW · 0 buys / 3 sellsCOVERAGE · 2 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED
ARE ALEXANDRIA REAL ESTATE EQUITIES, INC.	SALE Co-Chief Operating Officer	3,000	$155.42	$466.3K	60,571	Apr 30, 2020	May 1, 2020 ↗
ARE ALEXANDRIA REAL ESTATE EQUITIES, INC.	SALE Co-Chief Operating Officer	985	$137.06	$135.0K	63,571	Mar 31, 2020	Apr 1, 2020 ↗
ARE ALEXANDRIA REAL ESTATE EQUITIES, INC.	SALE Co-Chief Operating Officer	2,500	$172.70	$431.8K	64,556	Feb 12, 2020	Feb 13, 2020 ↗

Other insiders · ARE

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About this filer

CIK 0001588056

ROLE

Co-Chief Operating Officer

PRIMARY

ARE

COMPANIES

ACTIVE SINCE

Feb 2020

MARKETPEEL · /INSIDER/0001588056DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

Jennifer Banks

The morning brief, before the bell.