Forward Management

Forward Management as of June 30, 2013

Portfolio Holdings for Forward Management

Forward Management holds 330 positions in its portfolio as reported in the June 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 6.4 $77M 2.0M 38.58
Hospitality Properties Trust 3.7 $44M 1.7M 26.28
Stag Industrial (STAG) 3.7 $44M 2.2M 19.95
Lexington Realty Trust (LXP) 2.8 $33M 2.9M 11.68
Felcor Lodging Trust Inc. pfd cv a $1.95 2.6 $31M 1.2M 24.60
Strategic Hotels & Resorts 2.4 $28M 3.2M 8.86
Mack-Cali Realty (VRE) 2.3 $28M 1.1M 24.49
Healthcare Realty Trust Incorporated 2.2 $27M 1.1M 25.50
Summit Hotel Properties (INN) 2.2 $26M 2.7M 9.45
Chatham Lodging Trust (CLDT) 2.0 $24M 1.4M 17.18
Campus Crest Communities 1.9 $23M 2.0M 11.54
Brookdale Senior Living (BKD) 1.9 $23M 850k 26.44
Sabra Health Care REIT (SBRA) 1.9 $22M 850k 26.11
Franklin Street Properties (FSP) 1.8 $21M 1.6M 13.20
Commonwealth Reit 6.50% Ser D pfd cv 1.8 $21M 911k 23.05
Epr Pptys conv pfd 9% sr e (EPR.PE) 1.7 $21M 644k 32.13
Associated Estates Realty Corporation 1.7 $20M 1.2M 16.08
Sun Communities (SUI) 1.7 $20M 400k 49.76
Retail Properties Of America 1.6 $20M 1.4M 14.28
Sunstone Hotel Invs Inc New cv 8% cum pfd-d 1.6 $19M 728k 26.25
Ashford Hospitality Tr Inc cv pfd ser e 1.5 $18M 683k 26.34
Spirit Realty Capital 1.5 $18M 1.0M 17.72
Umh Mobile Homes 8.25% Pfd A p 1.4 $17M 630k 26.43
Excel Trust 1.4 $17M 1.3M 12.81
BioMed Realty Trust 1.4 $16M 810k 20.23
Amreit Inc New cl b 1.3 $16M 825k 19.34
Lexington Rlty Trst Pref 6.50% p (LXP.PC) 1.2 $15M 303k 48.46
Ramco-gershenson Pptys Tr perp pfd-d cv 1.2 $15M 246k 58.82
Vanguard Sht Term Govt Bond ETF (VGSH) 1.2 $14M 234k 60.82
Armada Hoffler Pptys (AHH) 1.2 $14M 1.2M 11.78
Retail Opportunity Investments (ROIC) 1.1 $13M 917k 13.90
Syngenta 1.1 $13M 161k 77.86
Winthrop Realty Trust 1.0 $12M 992k 12.03
Liberty Property Trust 0.9 $11M 285k 36.96
Whitestone REIT (WSR) 0.8 $10M 645k 15.76
Trade Str Residential 0.8 $10M 1.1M 8.80
Summit Hotel Pptys Pfd Ser C 7 0.8 $9.3M 384k 24.25
AvalonBay Communities (AVB) 0.7 $8.8M 66k 134.89
Ensco Plc Shs Class A 0.7 $8.1M 138k 58.53
Equity Residential (EQR) 0.6 $7.5M 128k 58.05
Wpp Plc- (WPP) 0.6 $7.3M 86k 85.40
Simon Property (SPG) 0.6 $7.0M 45k 157.93
Parkway Properties 0.6 $7.0M 420k 16.76
Vanguard Short Term Corporate Bond ETF (VCSH) 0.6 $7.0M 89k 79.11
Ares Coml Real Estate (ACRE) 0.6 $6.5M 511k 12.81
Digital Realty Trust (DLR) 0.5 $5.8M 95k 61.00
First Potomac Realty Trust 0.5 $5.8M 446k 13.06
Philip Morris International (PM) 0.5 $5.8M 67k 86.74
Epr Properties Pfd C 5.75% (EPR.PC) 0.5 $5.7M 249k 22.95
Royal Dutch Shell 0.5 $5.6M 88k 63.81
Mindray Medical International 0.5 $5.5M 150k 36.96
Unilever (UL) 0.4 $5.2M 129k 40.45
Telus Ord (TU) 0.4 $5.3M 186k 28.36
Norfolk Southern (NSC) 0.4 $5.2M 71k 72.65
Novartis (NVS) 0.4 $5.2M 73k 70.72
Sanofi-Aventis SA (SNY) 0.4 $4.9M 96k 51.51
Gold Fields (GFI) 0.4 $4.7M 815k 5.71
China Yuchai Intl (CYD) 0.4 $4.7M 270k 17.30
Prologis (PLD) 0.4 $4.5M 119k 37.72
Fomento Economico Mexicano SAB (FMX) 0.3 $4.2M 41k 103.14
PT Telekomunikasi Indonesia (TLK) 0.3 $4.2M 97k 42.75
Vornado Realty Trust (VNO) 0.3 $4.1M 49k 82.86
Credicorp (BAP) 0.3 $4.1M 32k 130.42
Brookfield Ppty Partners L P unit ltd partn 0.3 $4.1M 200k 20.30
Cme (CME) 0.3 $4.0M 52k 75.98
Cisco Systems (CSCO) 0.3 $3.9M 160k 24.31
Boston Properties (BXP) 0.3 $3.8M 36k 105.46
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.3 $3.9M 36k 107.71
Public Storage (PSA) 0.3 $3.7M 24k 153.31
Ventas (VTR) 0.3 $3.5M 51k 69.47
Health Care REIT 0.3 $3.4M 51k 67.03
Eaton (ETN) 0.3 $3.4M 52k 65.79
Parker-Hannifin Corporation (PH) 0.3 $3.2M 33k 95.41
Williams Companies (WMB) 0.3 $3.2M 100k 32.47
Host Hotels & Resorts (HST) 0.2 $2.9M 171k 16.87
Macerich Company (MAC) 0.2 $2.9M 47k 60.98
CSX Corporation (CSX) 0.2 $2.8M 120k 23.19
Peabody Energy Corporation 0.2 $2.8M 188k 14.64
Chevron Corporation (CVX) 0.2 $2.8M 23k 118.30
Freeport-McMoRan Copper & Gold (FCX) 0.2 $2.8M 102k 27.61
McDermott International 0.2 $2.7M 330k 8.18
Brookfield Cda Office Pptys tr 0.2 $2.7M 110k 24.80
McDonald's Corporation (MCD) 0.2 $2.7M 27k 99.00
SL Green Realty 0.2 $2.6M 30k 88.18
CF Industries Holdings (CF) 0.2 $2.7M 16k 171.47
Udr (UDR) 0.2 $2.5M 96k 25.49
KBR (KBR) 0.2 $2.4M 74k 32.50
Qualcomm (QCOM) 0.2 $2.4M 40k 61.08
Forest City Enterprises 0.2 $2.4M 134k 17.91
General Growth Properties 0.2 $2.4M 122k 19.87
Taubman Centers P 0.2 $2.4M 100k 24.28
Pfizer (PFE) 0.2 $2.3M 83k 28.00
Enersis 0.2 $2.3M 138k 16.36
Federal Realty Inv. Trust 0.2 $2.3M 22k 103.67
America Movil Sab De Cv spon adr l 0.2 $2.2M 101k 21.75
Comcast Corporation (CMCSA) 0.2 $2.2M 53k 41.74
3M Company (MMM) 0.2 $2.1M 20k 109.41
HCP 0.2 $2.2M 48k 45.45
Ishares Inc msci frntr 100 (FM) 0.2 $2.1M 71k 29.36
HSBC Holdings (HSBC) 0.2 $2.1M 40k 51.90
Home Properties 0.2 $2.1M 32k 65.36
Bk Nova Cad (BNS) 0.2 $2.0M 38k 52.64
Urstadt Biddle Properties 0.2 $2.0M 100k 20.17
Kimco Realty Corporation (KIM) 0.2 $2.0M 92k 21.43
BlackRock (BLK) 0.2 $2.0M 7.6k 256.80
Potash Corp. Of Saskatchewan I 0.2 $2.0M 52k 38.14
Targa Res Corp (TRGP) 0.2 $1.9M 30k 64.34
JPMorgan Chase & Co. (JPM) 0.1 $1.8M 33k 52.79
DiamondRock Hospitality Company (DRH) 0.1 $1.8M 194k 9.32
American Tower Reit (AMT) 0.1 $1.8M 25k 73.16
Microsoft Corporation (MSFT) 0.1 $1.7M 48k 34.55
Cardinal Health (CAH) 0.1 $1.6M 34k 47.24
Thomas Properties 0.1 $1.6M 311k 5.30
MPG Office Trust 0.1 $1.6M 522k 3.14
Camden Property Trust (CPT) 0.1 $1.7M 24k 69.17
National-Oilwell Var 0.1 $1.6M 23k 68.91
American Campus Communities 0.1 $1.5M 38k 40.66
Investors Real Estate Trust 0.1 $1.5M 176k 8.60
Vanguard Mortgage Bkd Sects ETF (VMBS) 0.1 $1.6M 31k 51.03
Time Warner 0.1 $1.5M 26k 57.85
Schnitzer Steel Industries (RDUS) 0.1 $1.4M 62k 23.38
ConocoPhillips (COP) 0.1 $1.5M 25k 60.48
Tenaris (TS) 0.1 $1.3M 32k 40.28
Wal-Mart Stores (WMT) 0.1 $1.3M 17k 74.45
Stanley Black & Decker (SWK) 0.1 $1.3M 17k 77.29
Automatic Data Processing (ADP) 0.1 $1.3M 18k 68.85
Essex Property Trust (ESS) 0.1 $1.3M 8.0k 159.00
iShares Lehman MBS Bond Fund (MBB) 0.1 $1.3M 12k 105.28
Government Properties Income Trust 0.1 $1.3M 50k 25.22
Shaw Communications Inc cl b conv 0.1 $1.2M 50k 24.04
International Business Machines (IBM) 0.1 $1.2M 6.3k 191.14
KLA-Tencor Corporation (KLAC) 0.1 $1.2M 22k 55.70
CHECK POINT SOFTWARE Technolog Com Stk (CHKP) 0.1 $1.2M 25k 49.68
Senior Housing Properties Trust 0.1 $1.1M 44k 25.92
DuPont Fabros Technology 0.1 $1.2M 51k 24.17
China Petroleum & Chemical 0.1 $1.1M 12k 91.49
AES Corporation (AES) 0.1 $1.0M 88k 11.99
At&t (T) 0.1 $1.1M 31k 35.41
Procter & Gamble Company (PG) 0.1 $1.1M 14k 77.01
Taiwan Semiconductor Mfg (TSM) 0.1 $986k 54k 18.31
iStar Financial 0.1 $974k 86k 11.30
MetLife (MET) 0.1 $981k 21k 45.76
Alexandria Real Estate Equities (ARE) 0.1 $1.0M 15k 65.73
HeartWare International 0.1 $999k 11k 95.14
Chesapeake Lodging Trust sh ben int 0.1 $965k 46k 20.80
Clovis Oncology 0.1 $998k 15k 66.98
Invensense 0.1 $923k 60k 15.38
NYSE Euronext 0.1 $807k 20k 41.40
Emerson Electric (EMR) 0.1 $833k 15k 54.52
Bemis Company 0.1 $885k 23k 39.16
Becton, Dickinson and (BDX) 0.1 $830k 8.4k 98.84
Texas Instruments Incorporated (TXN) 0.1 $787k 23k 34.84
Domino's Pizza (DPZ) 0.1 $872k 15k 58.13
AFC Enterprises 0.1 $881k 25k 35.96
Post Properties 0.1 $791k 16k 49.44
HMS Holdings 0.1 $853k 37k 23.30
Imax Corp Cad (IMAX) 0.1 $795k 32k 24.84
iShares Russell 3000 Index (IWV) 0.1 $829k 8.6k 96.40
Aegerion Pharmaceuticals 0.1 $792k 13k 63.36
Starwood Property Trust (STWD) 0.1 $775k 31k 24.76
Coca-Cola Company (KO) 0.1 $687k 17k 40.11
Apartment Investment and Management 0.1 $661k 22k 30.05
Hecla Mining Company (HL) 0.1 $745k 250k 2.98
Cepheid 0.1 $688k 20k 34.40
Hexcel Corporation (HXL) 0.1 $749k 22k 34.05
Glacier Ban (GBCI) 0.1 $666k 30k 22.20
Arbor Realty Trust (ABR) 0.1 $732k 117k 6.28
Kodiak Oil & Gas 0.1 $711k 80k 8.89
U.S. Bancorp (USB) 0.1 $546k 15k 36.12
Exxon Mobil Corporation (XOM) 0.1 $554k 6.1k 90.40
Waste Management (WM) 0.1 $646k 16k 40.30
Watsco, Incorporated (WSO) 0.1 $587k 7.0k 83.86
General Dynamics Corporation (GD) 0.1 $611k 7.8k 78.28
Cousins Properties 0.1 $657k 65k 10.09
Theravance 0.1 $578k 15k 38.53
Robert Half International (RHI) 0.1 $548k 17k 33.22
FelCor Lodging Trust Incorporated 0.1 $591k 100k 5.91
Littelfuse (LFUS) 0.1 $554k 7.4k 74.56
Kilroy Realty Corporation (KRC) 0.1 $593k 11k 52.95
FEI Company 0.1 $547k 7.5k 72.93
Brandywine Realty Trust (BDN) 0.1 $619k 46k 13.52
Connecticut Water Service 0.1 $580k 20k 28.71
Rlj Lodging Trust (RLJ) 0.1 $637k 28k 22.51
Ddr Corp 0.1 $583k 35k 16.66
Blackstone Mtg Tr (BXMT) 0.1 $650k 26k 24.71
Companhia de Bebidas das Americas 0.0 $486k 13k 37.38
Broadridge Financial Solutions (BR) 0.0 $425k 16k 26.53
American Express Company (AXP) 0.0 $446k 6.0k 74.72
Expeditors International of Washington (EXPD) 0.0 $456k 12k 38.09
Microchip Technology (MCHP) 0.0 $439k 12k 37.27
Trimble Navigation (TRMB) 0.0 $419k 16k 26.00
Tiffany & Co. 0.0 $492k 6.7k 72.90
Cooper Companies 0.0 $423k 3.6k 118.99
Christopher & Banks Corporation (CBKCQ) 0.0 $472k 70k 6.74
Casey's General Stores (CASY) 0.0 $429k 7.1k 60.18
City National Corporation 0.0 $454k 7.2k 63.36
Varian Medical Systems 0.0 $501k 7.4k 67.45
Southwest Gas Corporation (SWX) 0.0 $468k 10k 46.80
American Equity Investment Life Holding (AEL) 0.0 $440k 28k 15.73
Neenah Paper 0.0 $440k 14k 31.77
Nordson Corporation (NDSN) 0.0 $427k 6.2k 69.30
Oil States International (OIS) 0.0 $510k 5.5k 92.73
Raymond James Financial (RJF) 0.0 $469k 11k 42.99
Sovran Self Storage 0.0 $434k 6.7k 64.78
Teleflex Incorporated (TFX) 0.0 $513k 6.6k 77.53
Ciena Corporation (CIEN) 0.0 $438k 23k 19.38
Deckers Outdoor Corporation (DECK) 0.0 $505k 10k 50.50
World Fuel Services Corporation (WKC) 0.0 $524k 13k 39.96
Neurocrine Biosciences (NBIX) 0.0 $535k 40k 13.38
Advisory Board Company 0.0 $464k 8.5k 54.71
McCormick & Company, Incorporated (MKC) 0.0 $514k 7.3k 70.31
Movado (MOV) 0.0 $507k 15k 33.80
Tanger Factory Outlet Centers (SKT) 0.0 $526k 16k 33.50
Albemarle Corporation (ALB) 0.0 $470k 7.5k 62.29
Corpbanca 0.0 $467k 27k 17.11
Hollyfrontier Corp 0.0 $428k 10k 42.80
Laredo Petroleum Holdings 0.0 $514k 25k 20.56
Millennial Media 0.0 $436k 50k 8.72
Phillips 66 (PSX) 0.0 $446k 7.6k 58.83
Ingredion Incorporated (INGR) 0.0 $434k 6.6k 65.67
Ipath S&p 500 Vix Short Term F 0.0 $487k 24k 20.72
Kythera Biopharmaceuticals I 0.0 $419k 16k 27.03
Artisan Partners (APAM) 0.0 $435k 8.7k 50.00
DST Systems 0.0 $385k 5.9k 65.31
Johnson & Johnson (JNJ) 0.0 $384k 4.5k 85.91
MICROS Systems 0.0 $363k 8.4k 43.22
Weight Watchers International 0.0 $345k 7.5k 46.00
Pacific Sunwear of California 0.0 $365k 100k 3.65
Sotheby's 0.0 $379k 10k 37.90
Washington Real Estate Investment Trust (ELME) 0.0 $381k 14k 26.87
First Industrial Realty Trust (FR) 0.0 $308k 20k 15.19
National Beverage (FIZZ) 0.0 $349k 20k 17.45
Regal Entertainment 0.0 $358k 20k 17.90
Google 0.0 $330k 375.00 880.00
Omni (OMC) 0.0 $361k 5.7k 62.86
TCF Financial Corporation 0.0 $355k 25k 14.20
Hersha Hospitality Trust 0.0 $378k 67k 5.65
Invesco (IVZ) 0.0 $346k 11k 31.79
DSW 0.0 $364k 5.0k 73.51
Horsehead Holding 0.0 $384k 30k 12.80
Stillwater Mining Company 0.0 $322k 30k 10.73
Actuant Corporation 0.0 $330k 10k 33.00
Community Bank System (CBU) 0.0 $309k 10k 30.90
Douglas Emmett (DEI) 0.0 $389k 16k 24.94
Houston Wire & Cable Company 0.0 $414k 30k 13.83
John Bean Technologies Corporation (JBT) 0.0 $407k 19k 20.99
Manhattan Associates (MANH) 0.0 $386k 5.0k 77.20
New Jersey Resources Corporation (NJR) 0.0 $320k 7.7k 41.49
Ramco-Gershenson Properties Trust 0.0 $365k 24k 15.54
Steiner Leisure Ltd Com Stk 0.0 $369k 7.0k 52.88
Corporate Office Properties Trust (CDP) 0.0 $400k 16k 25.48
Piedmont Natural Gas Company 0.0 $337k 10k 33.70
iShares MSCI South Korea Index Fund (EWY) 0.0 $332k 7.3k 45.79
OpenTable 0.0 $320k 5.0k 64.00
Hudson Pacific Properties (HPP) 0.0 $392k 18k 21.29
Terreno Realty Corporation (TRNO) 0.0 $356k 19k 18.52
Sterling Finl Corp Wash 0.0 $371k 16k 23.78
Thermon Group Holdings (THR) 0.0 $306k 15k 20.40
Jive Software 0.0 $363k 20k 18.15
Monsanto Company 0.0 $247k 2.5k 98.80
Auxilium Pharmaceuticals 0.0 $249k 15k 16.60
Orexigen Therapeutics 0.0 $234k 40k 5.85
Union Pacific Corporation (UNP) 0.0 $247k 1.6k 154.38
Pier 1 Imports 0.0 $235k 10k 23.50
eBay (EBAY) 0.0 $284k 5.5k 51.64
CoStar (CSGP) 0.0 $181k 1.4k 129.29
Arctic Cat 0.0 $225k 5.0k 45.00
Hertz Global Holdings 0.0 $198k 8.0k 24.75
Illumina (ILMN) 0.0 $210k 2.8k 75.00
Sanderson Farms 0.0 $266k 4.0k 66.50
Evercore Partners (EVR) 0.0 $196k 5.0k 39.20
Education Realty Trust 0.0 $205k 20k 10.25
LaSalle Hotel Properties 0.0 $235k 9.5k 24.74
RF Micro Devices 0.0 $268k 50k 5.36
California Water Service (CWT) 0.0 $195k 10k 19.50
American States Water Company (AWR) 0.0 $268k 5.0k 53.60
BRE Properties 0.0 $230k 4.6k 50.00
PS Business Parks 0.0 $180k 2.5k 72.00
Astronics Corporation (ATRO) 0.0 $204k 5.0k 40.80
Momenta Pharmaceuticals 0.0 $226k 15k 15.07
Taubman Centers 0.0 $240k 3.2k 75.00
K12 0.0 $263k 10k 26.30
Limoneira Company (LMNR) 0.0 $207k 10k 20.70
Qlik Technologies 0.0 $283k 10k 28.30
Destination Maternity Corporation 0.0 $246k 10k 24.60
KEYW Holding 0.0 $265k 20k 13.25
Neophotonics Corp 0.0 $261k 30k 8.70
Linkedin Corp 0.0 $250k 1.4k 178.57
XOMA CORP Common equity shares 0.0 $200k 55k 3.64
Avg Technologies 0.0 $292k 15k 19.47
Pdc Energy 0.0 $257k 5.0k 51.40
stock 0.0 $278k 6.0k 46.33
Whitewave Foods 0.0 $257k 16k 16.27
Axiall 0.0 $213k 5.0k 42.60
Sibanye Gold 0.0 $230k 78k 2.95
Quiksilver 0.0 $129k 20k 6.45
Apple (AAPL) 0.0 $158k 400.00 395.00
Visa (V) 0.0 $128k 700.00 182.86
Equinix 0.0 $92k 500.00 184.00
Western Refining 0.0 $140k 5.0k 28.00
Great Lakes Dredge & Dock Corporation (GLDD) 0.0 $156k 20k 7.80
Resolute Energy 0.0 $120k 15k 8.00
Lufkin Industries 0.0 $124k 1.4k 88.57
Financial Engines 0.0 $73k 1.6k 45.62
iShares Barclays Govnment/Cdit Bond (GBF) 0.0 $80k 725.00 110.34
WisdomTree Japan Total Dividend (DXJ) 0.0 $160k 3.5k 45.71
SPDR Barclays Capital 1-3 Month T- 0.0 $147k 2.9M 0.05
Freescale Semiconductor Holdin 0.0 $136k 10k 13.60
Bonanza Creek Energy 0.0 $177k 5.0k 35.40
Facebook Inc cl a (META) 0.0 $75k 3.0k 25.00
Exone 0.0 $74k 1.2k 61.67
Diversified Restaurant Holdi 0.0 $159k 20k 7.95
Autodesk (ADSK) 0.0 $54k 1.6k 33.75
United Rentals (URI) 0.0 $50k 1.0k 50.00
Koninklijke Philips Electronics NV (PHG) 0.0 $59k 2.2k 27.37
Royal Dutch Shell 0.0 $8.0k 128.00 62.50
Schlumberger (SLB) 0.0 $36k 500.00 72.00
iShares S&P 500 Index (IVV) 0.0 $29k 180.00 161.11
Barclays (BCS) 0.0 $13k 735.00 17.69
Clean Energy Fuels (CLNE) 0.0 $21k 1.6k 13.12
Capstone Turbine Corporation 0.0 $9.0k 8.0k 1.12
Met-Pro Corporation 0.0 $42k 3.2k 13.33
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.0 $28k 265.00 105.66
iShares MSCI Turkey Index Fund (TUR) 0.0 $15k 250.00 60.00
Alpine Total Dynamic Dividend Fund 0.0 $2.0k 480.00 4.17
Alpine Global Dynamic Dividend Fund 0.0 $2.0k 450.00 4.44
Gsv Cap Corp 0.0 $16k 2.0k 8.00
Cui Global 0.0 $56k 10k 5.60
Channeladvisor 0.0 $31k 2.0k 15.50
Tableau Software Inc Cl A 0.0 $50k 900.00 55.56