Armada Hoffler Properties Inc. (AHH)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	14,475,868	$108,713,766	0%
2.	Vanguard Group Inc	9,649,827	$72,470,200	0%
3.	Sound Income Strategies, Llc	1,400,581	$10,518,365	0.62%
4.	Schwab Charles Investment Management Inc	1,203,690	$9,039,712	0%
5.	Goldman Sachs Group Inc	867,149	$6,512,289	0%