Avalon Investment & Advisory Buys Netflix Inc, Sempra Energy, Rayonier Inc, Sells International Paper Co, AT&T Inc, Hanesbrands Inc

• New Purchases: SRE, RYN, MDT, CNM, CVCO, TDC, HAYW, FWRD, FRG, SI, PFFD, VB, VO, CADE, CADE, KD, VOO, SYK, JOBY,
• Added Positions: NFLX, MS, AMGN, OAS, DUK, AVYA, IMXI, PRGS, SMLR, BUR, KHC, BKLN, ENLC, ET,
• Reduced Positions: AAPL, T, MSFT, KMI, TXN, AMZN, JPM, MBB, ABBV, GILD, FB, CSCO, HD, IBM, LRCX, SPY, KO, PEP, PG, PM, VZ, DFS, CVS, TROW, AVGO, ASML, GOOGL, MRK, EMR, LMT, ACN, DHR, WFC, BAC, BMY, BAM, CCI, DLR, GE, MET, UNH, CLR, TWTR, IVV, ABT, C, HON, NVDA, NKE, PAYX, PFE, UPS, WBK, V, LYB, TPB, AXP, AIG, BRK.B, CHRW, CALM, CVX, COP, EQR, IRM, BBL, ICLR, GOOG, RMNI, BA, CRL, CMI, GPC, LEG, NVO, SLF, TSM, UNP, PSX, NEP, HYG, IWM, JMBS, PFF, MMM, ADBE, AMD, EL, F, LIN, QCOM, TMO, VLO, PYPL, JNJ, NVS, CRM, TGT, UL, IIPR, AMAT, BNS, FDX, LKQ, MCD, MITK, RDS.A, DIS, GNRC, FLT, MGY, ACI, VNT, VVOS, LQD, MUB, CB, AAP, AZN, CMCSA, ABEV, EPD, ERIC, XOM, CCRD, INTU, ISRG, ZD, LSTR, MED, PB, RYAAY, LUV, SBUX, CELH, STLA, NOW, BABA, FSV, YUMC, CARG, BJ, DOW, TW, INMD, FA, SDY, ABB, PLD, AMP, ADP, BCS, AX, CAJ, CSL, CAT, FIS, CCOI, DAR, DEO, ECL, ASR, ICE, LAD, MMP, ORLY, PHG, RIO, ROK, RY, SONY, TFX, TTE, TM, WBS, WMB, RDS.B, MA, HOMB, SQM, MELI, TSLA, MPLX, LGIH, QSR, OOMA, TEAM, FOCS, MNRL, ADPT, VZIO, ACWX, AGG, GLD, IEMG, MDY, XBI, ALB, ARE, MO, AMT, AME, AVY, BHP, BLL, BDX, SCHW, CI, COST, ENB, NEE, FFIN, BEN, GRMN, TT, IFF, KMB, KB, MRO, MAR, SPGI, MCHP, MBT, NSC, ORCL, PAA, SNY, TECH, WMT, WTM, GTLS, LULU, AWK, TAK, DG, GM, BRX, CTLT, GH, SNOW, CCSI, IAU, XLV,
• Sold Out: IP, HBI, INTC, OMC, NNN, WU, OHI, ADS, MKL, HCSG, OLLI, SRCL, HLMN, TASK, QRTEA, IIIV, DMTK, OGN, NGMS, SPT, CMA, PINS, BLK, ANSS, CADE, CADE, SLVM, SWKS, VNQ, QQQ, DIA, CP, KMX, BAMR, CTAS, DVN, GS, PKI, NTR, LYFT, VRT, CMG, VICI, SE, SCCO, CVNA, STT, SNAP, TRMB, SHOP, ZTS, FEI, DPG, BR, ZION, FSSIU,

For the details of Avalon Investment & Advisory's stock buys and sells, go to https://www.gurufocus.com/guru/avalon+investment+%26+advisory/current-portfolio/portfolio

1. Apple Inc (AAPL) - 707,580 shares, 3.10% of the total portfolio. Shares reduced by 16.17%
2. Lam Research Corp (LRCX) - 149,508 shares, 2.65% of the total portfolio. Shares reduced by 7.93%
3. Microsoft Corp (MSFT) - 299,313 shares, 2.48% of the total portfolio. Shares reduced by 13.95%
4. Chevron Corp (CVX) - 770,376 shares, 2.23% of the total portfolio. Shares reduced by 3.54%
5. AbbVie Inc (ABBV) - 622,805 shares, 2.08% of the total portfolio. Shares reduced by 12.56%

Avalon Investment & Advisory initiated holding in Sempra Energy. The purchase prices were between $119.66 and $132.28, with an estimated average price of $126.77. The stock is now traded at around $134.905000. The impact to a portfolio due to this purchase was 0.44%. The holding were 135,180 shares as of 2021-12-31.

Avalon Investment & Advisory initiated holding in Rayonier Inc. The purchase prices were between $35.06 and $40.8, with an estimated average price of $38.4. The stock is now traded at around $38.620000. The impact to a portfolio due to this purchase was 0.43%. The holding were 431,378 shares as of 2021-12-31.

Avalon Investment & Advisory initiated holding in Medtronic PLC. The purchase prices were between $99.53 and $127.75, with an estimated average price of $115.4. The stock is now traded at around $102.330000. The impact to a portfolio due to this purchase was 0.27%. The holding were 105,507 shares as of 2021-12-31.

Avalon Investment & Advisory initiated holding in Core & Main Inc. The purchase prices were between $24.3 and $31.5, with an estimated average price of $27.47. The stock is now traded at around $22.610000. The impact to a portfolio due to this purchase was 0.13%. The holding were 179,287 shares as of 2021-12-31.

Avalon Investment & Advisory initiated holding in Cavco Industries Inc. The purchase prices were between $229.14 and $325.08, with an estimated average price of $279.88. The stock is now traded at around $294.240000. The impact to a portfolio due to this purchase was 0.1%. The holding were 12,365 shares as of 2021-12-31.

Avalon Investment & Advisory initiated holding in Teradata Corp. The purchase prices were between $41.42 and $58.89, with an estimated average price of $49.07. The stock is now traded at around $51.135000. The impact to a portfolio due to this purchase was 0.08%. The holding were 76,229 shares as of 2021-12-31.

Avalon Investment & Advisory added to a holding in Netflix Inc by 919.44%. The purchase prices were between $586.73 and $691.69, with an estimated average price of $639.23. The stock is now traded at around $393.635000. The impact to a portfolio due to this purchase was 0.61%. The holding were 45,834 shares as of 2021-12-31.

Avalon Investment & Advisory added to a holding in Morgan Stanley by 33.20%. The purchase prices were between $94.82 and $104.66, with an estimated average price of $99.64. The stock is now traded at around $97.050000. The impact to a portfolio due to this purchase was 0.37%. The holding were 615,464 shares as of 2021-12-31.

Avalon Investment & Advisory added to a holding in Oasis Petroleum Inc by 83.95%. The purchase prices were between $100.07 and $132.16, with an estimated average price of $119.38. The stock is now traded at around $131.289000. The impact to a portfolio due to this purchase was 0.1%. The holding were 74,370 shares as of 2021-12-31.

Avalon Investment & Advisory added to a holding in Avaya Holdings Corp by 64.01%. The purchase prices were between $17.2 and $22.08, with an estimated average price of $19.74. The stock is now traded at around $14.245000. The impact to a portfolio due to this purchase was 0.04%. The holding were 209,165 shares as of 2021-12-31.

Avalon Investment & Advisory added to a holding in International Money Express Inc by 175.79%. The purchase prices were between $14.83 and $17.01, with an estimated average price of $16.19. The stock is now traded at around $16.020000. The impact to a portfolio due to this purchase was 0.04%. The holding were 144,491 shares as of 2021-12-31.

Avalon Investment & Advisory added to a holding in Progress Software Corp by 30.57%. The purchase prices were between $45.73 and $53.18, with an estimated average price of $49.78. The stock is now traded at around $45.045000. The impact to a portfolio due to this purchase was 0.03%. The holding were 106,949 shares as of 2021-12-31.

Avalon Investment & Advisory sold out a holding in International Paper Co. The sale prices were between $44.57 and $55.81, with an estimated average price of $49.18.

Avalon Investment & Advisory sold out a holding in Hanesbrands Inc. The sale prices were between $15.66 and $18.28, with an estimated average price of $16.98.

Avalon Investment & Advisory sold out a holding in Intel Corp. The sale prices were between $47.89 and $56, with an estimated average price of $51.07.

Avalon Investment & Advisory sold out a holding in National Retail Properties Inc. The sale prices were between $43.15 and $48.07, with an estimated average price of $45.91.

Avalon Investment & Advisory sold out a holding in Omnicom Group Inc. The sale prices were between $66.57 and $76.57, with an estimated average price of $71.06.

Avalon Investment & Advisory sold out a holding in The Western Union Co. The sale prices were between $15.82 and $21.29, with an estimated average price of $18.37.