Forward Management

Forward Management as of March 31, 2016

Portfolio Holdings for Forward Management

Forward Management holds 247 positions in its portfolio as reported in the March 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Powershares Qqq Trust Unit Ser 1 12.0 $146M 1.3M 109.20
Spdr S&p 500 Etf Tr Tr Unit (SPY) 11.9 $145M 707k 205.52
Spdr Series Trust Brclys 1-3mt Etf 8.5 $104M 2.3M 45.69
Ishares Tr Msci Emg Mkt Etf (EEM) 4.8 $58M 1.7M 34.25
Sabra Health Care REIT (SBRA) 3.9 $48M 2.4M 20.09
Chatham Lodging Trust (CLDT) 3.3 $40M 1.9M 21.43
Stag Industrial (STAG) 3.2 $39M 1.9M 20.36
American Homes 4 Rent Cl A (AMH) 2.8 $34M 2.1M 15.90
Franklin Street Properties (FSP) 2.4 $29M 2.8M 10.61
Felcor Lodging Tr Pfd Cv A $1.95 2.2 $27M 1.1M 25.21
Select Income Reit Com Sh Ben Int 1.9 $23M 1.0M 23.05
Epr Pptys Conv Pfd 9% Sr E (EPR.PE) 1.8 $23M 644k 35.00
National Storage Affiliates Com Shs Ben In (NSA) 1.8 $22M 1.1M 21.20
Colony Cap Cl A 1.4 $17M 1000k 16.77
Umh Pptys Cv Red Pfd-a 1.3 $16M 630k 25.80
Ramco-gershenson Pptys Tr Perp Pfd-d Cv 1.3 $16M 246k 65.47
SL Green Realty 1.2 $15M 156k 96.88
Corenergy Infrastructure Tr Note 7.000% 6/1 1.2 $15M 19M 0.78
Wp Glimcher 1.2 $15M 1.6M 9.49
Lexington Realty Trust Pfd Conv Ser C (LXP.PC) 1.2 $15M 303k 48.40
Summit Hotel Properties (INN) 1.1 $14M 1.2M 11.97
Monmouth Real Estate Invt Cl A 1.1 $14M 1.2M 11.89
Urstadt Biddle Pptys PFD-G CV 6.75% 1.0 $12M 450k 26.62
Winthrop Rlty Tr Sh Ben Int New 0.9 $11M 843k 13.13
Sunstone Hotel Invs Cv 8% Cum Pfd-d 0.8 $9.8M 391k 25.02
Taubman Centers 0.8 $9.6M 135k 71.23
Colony Cap Conv Pfd-c 0.7 $8.8M 400k 22.08
Corenergy Infrastructure Tr Dep Shs Repstg 0.7 $8.4M 400k 21.00
Simon Property (SPG) 0.6 $7.1M 34k 207.68
Ishares Tr Msci Acwi Ex Us (ACWX) 0.5 $6.5M 148k 44.00
Epr Pptys PFD C CNV 5.75% (EPR.PC) 0.5 $6.5M 249k 25.96
Ashford Hospitality Tr 9% Cum Pfd Ser E 0.4 $5.4M 226k 23.90
Ritchie Bros. Auctioneers Inco 0.4 $5.2M 193k 27.08
WPP Adr (WPP) 0.4 $5.2M 45k 116.44
Taiwan Semiconductor Mfg Sponsored Adr (TSM) 0.4 $5.0M 192k 26.20
Schlumberger (SLB) 0.4 $4.8M 65k 73.76
China Yuchai Intl (CYD) 0.4 $4.7M 443k 10.60
Select Sector Spdr Tr Sbi Cons Discr (XLY) 0.4 $4.6M 59k 79.05
Select Sector Spdr Tr Sbi Cons Stpls (XLP) 0.4 $4.6M 87k 53.05
Starwood Hotels & Resorts Worldwide 0.4 $4.6M 55k 83.43
Marine Harvest Asa Sponsored Adr 0.4 $4.5M 293k 15.32
AvalonBay Communities (AVB) 0.4 $4.5M 23k 190.19
Prologis (PLD) 0.4 $4.4M 99k 44.18
Boston Properties (BXP) 0.4 $4.4M 35k 127.08
Vanguard World Fds Telcomm Etf (VOX) 0.4 $4.3M 47k 92.72
American Assets Trust Inc reit (AAT) 0.4 $4.3M 108k 39.92
Peak Resorts 0.3 $4.3M 1.3M 3.40
Ambev Sa Sponsored Adr (ABEV) 0.3 $4.1M 789k 5.18
Novartis A G Sponsored Adr (NVS) 0.3 $4.0M 56k 72.45
Select Sector Spdr Tr Sbi Int-utils (XLU) 0.3 $3.7M 74k 49.62
Equity Residential Sh Ben Int (EQR) 0.3 $3.3M 44k 75.03
Ishares Tr Interm Cr Bd Etf (IGIB) 0.3 $3.3M 30k 109.70
Ubs Group SHS (UBS) 0.3 $3.3M 204k 16.02
Vornado Rlty Tr Sh Ben Int (VNO) 0.3 $3.2M 34k 94.42
Unilever Spon Adr New (UL) 0.3 $3.2M 72k 45.18
Host Hotels & Resorts (HST) 0.3 $3.2M 192k 16.70
Fomento Economico Mexicano S Spon Adr Units (FMX) 0.3 $3.1M 33k 96.30
Public Storage (PSA) 0.3 $3.1M 11k 275.83
Alexandria Real Estate Eq In Pfd Conv Ser D 0.2 $3.0M 103k 29.10
City Office Reit (CIO) 0.2 $2.7M 235k 11.40
Welltower Inc Com reit (WELL) 0.2 $2.6M 37k 69.33
Lexington Realty Trust (LXP) 0.2 $2.5M 290k 8.60
Digital Realty Trust (DLR) 0.2 $2.4M 27k 88.50
Comcast Corp Cl A (CMCSA) 0.2 $2.4M 40k 61.09
Lloyds Banking Group Sponsored Adr (LYG) 0.2 $2.4M 607k 3.95
HSBC HLDGS Spon Adr New (HSBC) 0.2 $2.4M 77k 31.12
Shaw Communications Cl B Conv 0.2 $2.3M 118k 19.31
Ventas (VTR) 0.2 $2.1M 34k 62.97
3M Company (MMM) 0.2 $2.0M 12k 166.60
Prudential Adr (PUK) 0.2 $2.0M 54k 37.19
Bt Group Adr 0.2 $2.0M 62k 32.07
Liberty Ppty Tr Sh Ben Int 0.2 $2.0M 59k 33.47
Cardinal Health (CAH) 0.2 $1.9M 23k 81.94
General Growth Properties 0.2 $1.9M 63k 29.73
Weyerhaeuser Company (WY) 0.1 $1.8M 57k 30.98
HCP 0.1 $1.8M 54k 32.58
Phillips 66 (PSX) 0.1 $1.7M 20k 86.61
Microsoft Corporation (MSFT) 0.1 $1.7M 31k 55.23
Market Vectors Etf Tr Vietnam Etf 0.1 $1.6M 89k 18.40
Parkway Properties 0.1 $1.6M 104k 15.66
Pfizer (PFE) 0.1 $1.6M 55k 29.64
Extra Space Storage (EXR) 0.1 $1.6M 17k 93.45
Farmland Partners (FPI) 0.1 $1.6M 150k 10.73
American Tower Reit (AMT) 0.1 $1.6M 16k 102.35
JPMorgan Chase & Co. (JPM) 0.1 $1.5M 26k 59.21
Crown Castle Intl (CCI) 0.1 $1.5M 18k 86.50
Ishares Tr Mbs Etf (MBB) 0.1 $1.5M 13k 109.47
John Bean Technologies Corporation (JBTM) 0.1 $1.5M 26k 56.41
KLA-Tencor Corporation (KLAC) 0.1 $1.4M 20k 72.79
Littelfuse (LFUS) 0.1 $1.4M 12k 123.07
Kimco Realty Corporation (KIM) 0.1 $1.4M 49k 28.77
BlackRock 0.1 $1.4M 4.1k 340.66
New York Reit 0.1 $1.4M 134k 10.10
Alexander & Baldwin (ALEX) 0.1 $1.4M 37k 36.68
Time Warner Com New 0.1 $1.3M 18k 72.57
Genesis Healthcare Cl A Com (GENNQ) 0.1 $1.3M 565k 2.32
Johnson & Johnson (JNJ) 0.1 $1.3M 12k 108.23
Brixmor Prty (BRX) 0.1 $1.3M 50k 25.61
Pool Corporation (POOL) 0.1 $1.3M 15k 87.75
Cme (CME) 0.1 $1.3M 13k 96.07
Equity One 0.1 $1.3M 44k 28.66
Neenah Paper 0.1 $1.2M 19k 63.65
Vantiv Cl A 0.1 $1.2M 22k 53.90
Qts Rlty Tr Com Cl A 0.1 $1.2M 25k 47.38
Sun Communities (SUI) 0.1 $1.2M 16k 71.59
Us Bancorp Del Com New (USB) 0.1 $1.2M 29k 40.60
Casey's General Stores (CASY) 0.1 $1.2M 10k 113.33
United Technologies Corporation 0.1 $1.2M 12k 100.08
Sovran Self Storage 0.1 $1.1M 9.7k 117.98
Corporate Office Pptys Tr Sh Ben Int (CDP) 0.1 $1.1M 43k 26.25
Apple (AAPL) 0.1 $1.1M 10k 108.99
Texas Instruments Incorporated (TXN) 0.1 $1.1M 20k 57.42
Independence Realty Trust In (IRT) 0.1 $1.1M 154k 7.12
Chevron Corporation (CVX) 0.1 $1.1M 11k 95.42
Macquarie Infrastructure Company 0.1 $1.1M 16k 67.46
Qualcomm (QCOM) 0.1 $1.0M 21k 51.12
Silvercrest Asset Mgmt Group Cl A (SAMG) 0.1 $1.0M 81k 12.74
General Dynamics Corporation (GD) 0.1 $1.0M 7.8k 131.39
New Senior Inv Grp 0.1 $1.0M 98k 10.30
Becton, Dickinson and (BDX) 0.1 $990k 6.5k 151.77
Norfolk Southern (NSC) 0.1 $957k 12k 83.28
Stanley Black & Decker (SWK) 0.1 $941k 8.9k 105.17
American Water Works (AWK) 0.1 $924k 13k 68.96
DST Systems 0.1 $923k 8.2k 112.82
Automatic Data Processing (ADP) 0.1 $914k 10k 89.67
Mack-Cali Realty (VRE) 0.1 $907k 39k 23.50
Pebblebrook Hotel Trust (PEB) 0.1 $901k 31k 29.06
Enterprise Products Partners (EPD) 0.1 $891k 36k 24.61
Exponent (EXPO) 0.1 $887k 17k 50.99
Broadridge Financial Solutions (BR) 0.1 $881k 15k 59.29
Eastman Chemical Company (EMN) 0.1 $853k 12k 72.22
Pepsi (PEP) 0.1 $849k 8.3k 102.44
Robert Half International (RHI) 0.1 $841k 18k 46.56
Ishares Msci Taiwan Etf 0.1 $836k 60k 14.01
Varian Medical Systems 0.1 $833k 10k 80.00
Macerich Company (MAC) 0.1 $832k 11k 79.24
Cohen & Steers (CNS) 0.1 $823k 21k 38.91
Fcb Finl Hldgs Cl A 0.1 $810k 24k 33.27
Wal-Mart Stores (WMT) 0.1 $806k 12k 68.48
Federal Realty Invt Tr Sh Ben Int New 0.1 $803k 5.1k 156.04
Evercore Partners Class A (EVR) 0.1 $781k 15k 51.72
Procter & Gamble Company (PG) 0.1 $779k 9.5k 82.26
Enstar Group SHS (ESGR) 0.1 $774k 4.8k 162.50
Cooper Cos Com New 0.1 $767k 5.0k 154.05
Pra Health Sciences 0.1 $762k 18k 42.78
CoreSite Realty 0.1 $760k 11k 70.05
Park Sterling Bk Charlott 0.1 $745k 112k 6.67
Wheeler Real Estate Investme 0.1 $742k 594k 1.25
Virtu Finl Cl A (VIRT) 0.1 $740k 34k 22.11
Invesco SHS (IVZ) 0.1 $734k 24k 30.77
Select Sector Spdr Tr Technology (XLK) 0.1 $732k 17k 44.35
Forest City Rlty Tr Com Cl A 0.1 $730k 35k 21.10
Tanger Factory Outlet Centers (SKT) 0.1 $728k 20k 36.40
Wright Express (WEX) 0.1 $725k 8.7k 83.41
Brandywine Rlty Tr Sh Ben Int New (BDN) 0.1 $723k 52k 14.04
Core Laboratories 0.1 $712k 6.3k 112.46
Cousins Properties 0.1 $711k 69k 10.38
Emerson Electric (EMR) 0.1 $703k 13k 54.37
Sun Hydraulics Corporation 0.1 $689k 21k 33.17
Hoegh Lng Partners Com Unit Ltd 0.1 $682k 39k 17.44
Alexandria Real Estate Equities (ARE) 0.1 $677k 7.5k 90.87
Mobile Telesystems Pjsc Sponsored Adr 0.1 $669k 83k 8.09
Gentherm (THRM) 0.1 $666k 16k 41.61
Owens Corning (OC) 0.1 $657k 14k 47.29
Paramount Group Inc reit (PGRE) 0.1 $644k 40k 15.94
Corenergy Infrastructure Tr Com New 0.1 $638k 32k 20.12
American Campus Communities 0.0 $604k 13k 47.11
Senior Hsg Pptys Tr Sh Ben Int 0.0 $592k 33k 17.90
Select Sector Spdr Tr Sbi Healthcare (XLV) 0.0 $583k 8.6k 67.81
Microchip Technology (MCHP) 0.0 $577k 12k 48.21
MetLife (MET) 0.0 $572k 13k 43.91
iStar Financial 0.0 $572k 59k 9.65
Global X Fds Msci Pakistan 0.0 $570k 36k 15.86
Belmond Cl A 0.0 $569k 60k 9.48
Proshares Tr Ii Ultrashrt Euro (EUO) 0.0 $568k 25k 23.18
Jack Henry & Associates (JKHY) 0.0 $509k 6.0k 84.64
Amerigas Partners Unit L P Int 0.0 $508k 12k 43.46
Black Knight Finl Svcs Cl A 0.0 $507k 16k 31.04
Rait Financial Trust Com New 0.0 $496k 158k 3.14
Monro Muffler Brake (MNRO) 0.0 $479k 6.7k 71.54
Catalent 0.0 $471k 18k 26.68
Arbor Realty Trust (ABR) 0.0 $470k 69k 6.78
Retail Pptys Amer Cl A 0.0 $463k 29k 15.86
California Water Service (CWT) 0.0 $458k 17k 26.72
First Potomac Realty Trust 0.0 $458k 51k 9.05
Omni (OMC) 0.0 $444k 5.3k 83.24
Targa Res Corp (TRGP) 0.0 $433k 15k 29.86
Granite Real Estate Invt Tr Unit 99/99/9999 0.0 $421k 15k 28.84
Green Ban 0.0 $414k 55k 7.57
Ashford Hospitality Prime In 0.0 $408k 35k 11.66
EastGroup Properties (EGP) 0.0 $404k 6.7k 60.30
Canadian Solar (CSIQ) 0.0 $400k 21k 19.29
Northstar Realty Finance 0.0 $400k 31k 13.14
FelCor Lodging Trust Incorporated 0.0 $392k 48k 8.13
Rexford Industrial Realty Inc reit (REXR) 0.0 $391k 22k 18.15
Ddr Corp 0.0 $386k 22k 17.79
Ishares Msci Frntr100etf (FM) 0.0 $367k 15k 24.55
Williams-Sonoma (WSM) 0.0 $360k 6.6k 54.70
Nextera Energy (NEE) 0.0 $355k 3.0k 118.33
DTE Energy Company (DTE) 0.0 $354k 3.9k 90.77
Terreno Realty Corporation (TRNO) 0.0 $349k 15k 23.46
Cascade Bancorp Com New 0.0 $343k 60k 5.72
Eversource Energy (ES) 0.0 $338k 5.8k 58.28
Eaton Corp SHS (ETN) 0.0 $336k 5.4k 62.51
Care Cap Properties 0.0 $335k 13k 26.84
National Health Investors (NHI) 0.0 $331k 5.0k 66.61
Bankunited (BKU) 0.0 $309k 9.0k 34.44
Cadiz Com New (CDZI) 0.0 $306k 59k 5.22
DiamondRock Hospitality Company (DRH) 0.0 $302k 30k 10.13
Post Properties 0.0 $299k 5.0k 59.80
Howard Hughes 0.0 $296k 2.8k 105.71
Armada Hoffler Pptys (AHH) 0.0 $288k 26k 11.25
Hudson Pacific Properties (HPP) 0.0 $244k 8.4k 28.93
Rlj Lodging Trust (RLJ) 0.0 $236k 10k 22.91
Fbr & Co Com New 0.0 $219k 12k 18.12
Investors Real Estate Tr Sh Ben Int 0.0 $215k 30k 7.26
Performance Sports 0.0 $195k 61k 3.17
Cdk Global Inc equities 0.0 $130k 2.8k 46.48
Ishares Tr Gov/cred Bd Etf (GBF) 0.0 $83k 725.00 114.48
American Express Company (AXP) 0.0 $59k 965.00 61.14
Fifth Third Ban (FITB) 0.0 $57k 3.4k 16.69
Time 0.0 $36k 2.3k 15.53
Mitsubishi Ufj Finl Group In Sponsored Adr (MUFG) 0.0 $31k 6.7k 4.60
Exxon Mobil Corporation (XOM) 0.0 $23k 273.00 84.25
South State Corporation 0.0 $21k 330.00 63.64
CECO Environmental (CECO) 0.0 $21k 3.4k 6.15
CBOE Holdings (CBOE) 0.0 $18k 280.00 64.29
US Ecology 0.0 $17k 385.00 44.16
New Jersey Resources Corporation (NJR) 0.0 $16k 426.00 37.56
Nordson Corporation (NDSN) 0.0 $15k 200.00 75.00
Pimco Etf Tr Enhan Shrt Ma Ac (MINT) 0.0 $15k 150.00 100.00
World Fuel Services Corporation (WKC) 0.0 $13k 270.00 48.15
Glaxosmithkline Sponsored Adr 0.0 $11k 260.00 42.31
Ishares Msci Turkey Etf (TUR) 0.0 $11k 250.00 44.00
Ishares Tr Europe Etf (IEV) 0.0 $11k 275.00 40.00
Royal Dutch Shell Spons Adr A 0.0 $10k 205.00 48.78
Raymond James Financial (RJF) 0.0 $10k 205.00 48.78
Restoration Hardware Hldgs I 0.0 $9.0k 225.00 40.00
Artisan Partners Asset Mgmt Cl A (APAM) 0.0 $9.0k 300.00 30.00
McDonald's Corporation (MCD) 0.0 $8.0k 65.00 123.08
Credicorp (BAP) 0.0 $7.0k 50.00 140.00
Ingredion Incorporated (INGR) 0.0 $6.0k 55.00 109.09
Syngenta Sponsored Adr 0.0 $5.0k 55.00 90.91
Umpqua Holdings Corporation 0.0 $5.0k 330.00 15.15
Suncor Energy (SU) 0.0 $4.0k 145.00 27.59
HMS Holdings 0.0 $3.0k 180.00 16.67
ConocoPhillips (COP) 0.0 $2.0k 45.00 44.44