Forward Management as of Dec. 31, 2017
Portfolio Holdings for Forward Management
Forward Management holds 217 positions in its portfolio as reported in the December 2017 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Spdr S&p 500 Etf (SPY) | 11.7 | $104M | 390k | 266.86 | |
| Ashford Hospitality Prime In pfd cv ser b | 6.3 | $56M | 2.8M | 19.99 | |
| SPDR Dow Jones Industrial Average ETF (DIA) | 4.1 | $37M | 148k | 247.37 | |
| iShares Russell 2000 Index (IWM) | 3.8 | $34M | 224k | 152.46 | |
| PowerShares QQQ Trust, Series 1 | 3.8 | $34M | 217k | 155.76 | |
| Colony Northstar | 3.8 | $33M | 2.9M | 11.41 | |
| Rlj Lodging Tr Cum Conv Pfd A reit (RLJ.PA) | 3.1 | $28M | 1.0M | 27.01 | |
| Sabra Health Care REIT (SBRA) | 3.1 | $27M | 1.4M | 18.77 | |
| Jernigan Cap | 3.0 | $27M | 1.4M | 19.01 | |
| Epr Pptys conv pfd 9% sr e (EPR.PE) | 2.6 | $24M | 644k | 36.55 | |
| Consolidated Tomoka Ld Co note 4.500% 3/1 | 2.6 | $23M | 21M | 1.12 | |
| Corenergy Infrastructure note 7% 6/15 | 2.6 | $23M | 19M | 1.20 | |
| Apartment Investment and Management | 2.4 | $22M | 496k | 43.71 | |
| Government Properties Income Trust | 2.4 | $22M | 1.2M | 18.54 | |
| Chatham Lodging Trust (CLDT) | 2.3 | $21M | 911k | 22.76 | |
| Stag Industrial (STAG) | 2.3 | $21M | 757k | 27.33 | |
| iShares MSCI Emerging Markets Indx (EEM) | 1.9 | $17M | 356k | 47.12 | |
| Vaneck Vectors Gold Miners mutual (GDX) | 1.9 | $17M | 716k | 23.24 | |
| iShares MSCI EAFE Index Fund (EFA) | 1.9 | $17M | 236k | 70.31 | |
| Lexington Rlty Trst Pref 6.50% p (LXP.PC) | 1.8 | $16M | 317k | 51.32 | |
| Ramco-gershenson Pptys Tr perp pfd-d cv | 1.6 | $14M | 246k | 57.92 | |
| Corr 7 3/8 12/31/49 (CORLQ) | 1.4 | $13M | 500k | 25.74 | |
| Resource Cap | 1.4 | $13M | 1.4M | 9.37 | |
| Uba 6 3/4 12/31/49 | 1.3 | $12M | 450k | 26.36 | |
| iShares MSCI ACWI ex US Index Fund (ACWX) | 1.3 | $11M | 226k | 49.95 | |
| Taubman Centers | 1.2 | $10M | 158k | 65.43 | |
| Clipper Realty Inc Reit equities - reit (CLPR) | 1.1 | $10M | 1.0M | 9.99 | |
| Wheeler Real Estate Invt Tr cv pfd ser b (WHLRP) | 0.9 | $8.3M | 390k | 21.40 | |
| Epr Properties Pfd C 5.75% (EPR.PC) | 0.8 | $6.7M | 249k | 26.92 | |
| National Storage Affiliates shs ben int (NSA) | 0.7 | $5.8M | 214k | 27.26 | |
| China Yuchai Intl (CYD) | 0.6 | $5.5M | 229k | 24.00 | |
| Taiwan Semiconductor Mfg (TSM) | 0.6 | $5.3M | 133k | 39.64 | |
| Infosys Technologies (INFY) | 0.5 | $4.6M | 285k | 16.22 | |
| Schlumberger (SLB) | 0.5 | $4.0M | 59k | 67.40 | |
| Wheeler Real Estate Invt Tr pfd cnv ser d (WHLRD) | 0.5 | $4.0M | 200k | 20.10 | |
| Vanguard Information Technology ETF (VGT) | 0.4 | $3.9M | 24k | 164.74 | |
| Alexandria Real Estate Equitie conv prf | 0.4 | $3.9M | 103k | 37.64 | |
| American Homes 4 Rent-a reit (AMH) | 0.4 | $3.3M | 150k | 21.84 | |
| Unilever (UL) | 0.4 | $3.2M | 57k | 55.34 | |
| Wpp Plc- (WPP) | 0.3 | $3.1M | 34k | 90.58 | |
| Health Care SPDR (XLV) | 0.3 | $2.9M | 35k | 82.68 | |
| Shaw Communications Inc cl b conv | 0.3 | $2.9M | 127k | 22.84 | |
| Consumer Discretionary SPDR (XLY) | 0.3 | $2.6M | 27k | 98.68 | |
| Novartis (NVS) | 0.3 | $2.6M | 30k | 83.94 | |
| Materials SPDR (XLB) | 0.3 | $2.5M | 41k | 60.53 | |
| Comcast Corporation (CMCSA) | 0.3 | $2.3M | 59k | 40.03 | |
| CoreSite Realty | 0.3 | $2.3M | 20k | 113.87 | |
| Ashford Hospitality Prime In | 0.3 | $2.3M | 237k | 9.73 | |
| Utilities SPDR (XLU) | 0.2 | $2.2M | 42k | 52.69 | |
| Microsoft Corporation (MSFT) | 0.2 | $2.1M | 25k | 85.58 | |
| AvalonBay Communities (AVB) | 0.2 | $2.1M | 12k | 178.39 | |
| American Assets Trust Inc reit (AAT) | 0.2 | $2.1M | 56k | 38.24 | |
| Ambev Sa- (ABEV) | 0.2 | $2.1M | 331k | 6.46 | |
| Paramount Group Inc reit (PGRE) | 0.2 | $2.1M | 134k | 15.85 | |
| Belmond | 0.2 | $2.0M | 167k | 12.25 | |
| 3M Company (MMM) | 0.2 | $2.0M | 8.3k | 235.35 | |
| Digital Realty Trust (DLR) | 0.2 | $2.0M | 17k | 113.90 | |
| Equity Residential (EQR) | 0.2 | $1.9M | 31k | 63.77 | |
| SL Green Realty | 0.2 | $2.0M | 20k | 100.90 | |
| Prudential Public Limited Company (PUK) | 0.2 | $1.9M | 37k | 50.75 | |
| BlackRock (BLK) | 0.2 | $1.7M | 3.4k | 513.39 | |
| Essex Property Trust (ESS) | 0.2 | $1.8M | 7.3k | 241.37 | |
| Ubs Group (UBS) | 0.2 | $1.7M | 94k | 18.39 | |
| Vornado Realty Trust (VNO) | 0.2 | $1.7M | 21k | 78.22 | |
| KLA-Tencor Corporation (KLAC) | 0.2 | $1.7M | 16k | 105.08 | |
| Alexandria Real Estate Equities (ARE) | 0.2 | $1.7M | 13k | 130.55 | |
| Acadia Realty Trust (AKR) | 0.2 | $1.6M | 60k | 27.36 | |
| Apple (AAPL) | 0.2 | $1.6M | 9.3k | 169.21 | |
| Texas Instruments Incorporated (TXN) | 0.2 | $1.6M | 15k | 104.45 | |
| United Technologies Corporation | 0.2 | $1.6M | 13k | 127.67 | |
| Robert Half International (RHI) | 0.2 | $1.6M | 29k | 55.54 | |
| Brookdale Senior Living (BKD) | 0.2 | $1.6M | 168k | 9.70 | |
| U.S. Bancorp (USB) | 0.2 | $1.5M | 29k | 53.57 | |
| Tanger Factory Outlet Centers (SKT) | 0.2 | $1.5M | 57k | 26.52 | |
| Cme (CME) | 0.2 | $1.4M | 9.9k | 146.09 | |
| General Dynamics Corporation (GD) | 0.2 | $1.4M | 6.8k | 203.46 | |
| Mack-Cali Realty (VRE) | 0.2 | $1.4M | 64k | 21.57 | |
| Urstadt Biddle Properties | 0.2 | $1.4M | 66k | 21.75 | |
| Retail Opportunity Investments (ROIC) | 0.2 | $1.4M | 73k | 19.94 | |
| Kite Rlty Group Tr (KRG) | 0.2 | $1.4M | 72k | 19.60 | |
| JPMorgan Chase & Co. (JPM) | 0.1 | $1.3M | 12k | 106.92 | |
| Johnson & Johnson (JNJ) | 0.1 | $1.3M | 9.7k | 139.68 | |
| Pfizer (PFE) | 0.1 | $1.4M | 37k | 36.23 | |
| Forest City Realty Trust Inc Class A | 0.1 | $1.3M | 56k | 24.09 | |
| Fomento Economico Mexicano SAB (FMX) | 0.1 | $1.2M | 13k | 93.90 | |
| Becton, Dickinson and (BDX) | 0.1 | $1.3M | 5.9k | 214.16 | |
| GlaxoSmithKline | 0.1 | $1.2M | 35k | 35.47 | |
| iShares Barclays Inter Crd Bd Fund ETF) (IGIB) | 0.1 | $1.3M | 12k | 109.22 | |
| Phillips 66 (PSX) | 0.1 | $1.2M | 12k | 101.05 | |
| Ggp | 0.1 | $1.2M | 51k | 23.37 | |
| Wal-Mart Stores (WMT) | 0.1 | $1.1M | 11k | 98.74 | |
| Home Depot (HD) | 0.1 | $1.1M | 5.7k | 189.40 | |
| Cardinal Health (CAH) | 0.1 | $1.1M | 18k | 61.31 | |
| Eastman Chemical Company (EMN) | 0.1 | $1.1M | 12k | 92.66 | |
| HCP | 0.1 | $1.1M | 41k | 26.08 | |
| Macerich Company (MAC) | 0.1 | $1.1M | 16k | 65.69 | |
| TravelCenters of America | 0.1 | $1.0M | 252k | 4.10 | |
| Welltower Inc Com reit (WELL) | 0.1 | $1.1M | 17k | 63.73 | |
| Ishares Inc etp (EWT) | 0.1 | $1.1M | 30k | 36.22 | |
| Chevron Corporation (CVX) | 0.1 | $989k | 7.9k | 125.29 | |
| Cisco Systems (CSCO) | 0.1 | $954k | 25k | 38.29 | |
| HFF | 0.1 | $972k | 20k | 48.58 | |
| Invesco (IVZ) | 0.1 | $967k | 27k | 36.56 | |
| Howard Hughes | 0.1 | $997k | 7.6k | 131.18 | |
| Vanguard Industrials ETF (VIS) | 0.1 | $955k | 6.7k | 142.32 | |
| Interxion Holding | 0.1 | $1.0M | 17k | 58.89 | |
| Eaton (ETN) | 0.1 | $970k | 12k | 79.03 | |
| Brixmor Prty (BRX) | 0.1 | $935k | 50k | 18.66 | |
| Madison Square Garden Cl A (MSGS) | 0.1 | $1.0M | 4.8k | 210.83 | |
| Amgen (AMGN) | 0.1 | $901k | 5.2k | 173.77 | |
| Accenture (ACN) | 0.1 | $848k | 5.5k | 153.04 | |
| iShares Lehman MBS Bond Fund (MBB) | 0.1 | $863k | 8.1k | 106.60 | |
| Interpublic Group of Companies (IPG) | 0.1 | $834k | 41k | 20.16 | |
| Procter & Gamble Company (PG) | 0.1 | $760k | 8.3k | 91.91 | |
| Weyerhaeuser Company (WY) | 0.1 | $776k | 22k | 35.27 | |
| Starbucks Corporation (SBUX) | 0.1 | $838k | 15k | 57.48 | |
| John Bean Technologies Corporation (JBT) | 0.1 | $777k | 7.0k | 110.87 | |
| Ddr Corp | 0.1 | $770k | 86k | 8.96 | |
| Alexander & Baldwin (ALEX) | 0.1 | $774k | 28k | 27.74 | |
| Walt Disney Company (DIS) | 0.1 | $691k | 6.4k | 107.65 | |
| Pool Corporation (POOL) | 0.1 | $711k | 5.5k | 129.70 | |
| Financial Select Sector SPDR (XLF) | 0.1 | $706k | 25k | 27.91 | |
| Simon Property (SPG) | 0.1 | $687k | 4.0k | 171.75 | |
| Prologis (PLD) | 0.1 | $683k | 11k | 64.48 | |
| Owens Corning (OC) | 0.1 | $621k | 6.8k | 91.96 | |
| Broadridge Financial Solutions (BR) | 0.1 | $594k | 6.6k | 90.47 | |
| Pepsi (PEP) | 0.1 | $589k | 4.9k | 119.81 | |
| Ultrapar Participacoes SA (UGP) | 0.1 | $596k | 26k | 22.75 | |
| Neenah Paper | 0.1 | $605k | 6.7k | 90.57 | |
| Medequities Realty Trust reit | 0.1 | $647k | 58k | 11.22 | |
| Time Warner | 0.1 | $498k | 5.4k | 91.53 | |
| Kimco Realty Corporation (KIM) | 0.1 | $543k | 30k | 18.16 | |
| Vantiv Inc Cl A | 0.1 | $544k | 7.4k | 73.50 | |
| Farmland Partners (FPI) | 0.1 | $570k | 66k | 8.69 | |
| Virtu Financial Inc Class A (VIRT) | 0.1 | $551k | 30k | 18.28 | |
| DST Systems | 0.1 | $486k | 7.8k | 62.03 | |
| Berkshire Hathaway (BRK.B) | 0.1 | $456k | 2.3k | 198.26 | |
| Cooper Companies | 0.1 | $420k | 1.9k | 217.62 | |
| Casey's General Stores (CASY) | 0.1 | $416k | 3.7k | 112.07 | |
| Evercore Partners (EVR) | 0.1 | $458k | 5.1k | 90.05 | |
| Littelfuse (LFUS) | 0.1 | $470k | 2.4k | 197.89 | |
| MetLife (MET) | 0.1 | $458k | 9.1k | 50.51 | |
| CenterState Banks | 0.1 | $422k | 16k | 25.73 | |
| BT | 0.1 | $447k | 25k | 18.25 | |
| Korea Electric Power Corporation (KEP) | 0.1 | $462k | 26k | 17.72 | |
| First American Financial (FAF) | 0.1 | $454k | 8.1k | 56.07 | |
| Credit Suisse Nassau Brh invrs vix sterm | 0.1 | $414k | 3.1k | 134.50 | |
| Wright Express (WEX) | 0.1 | $433k | 3.1k | 141.36 | |
| Sterling Bancorp | 0.1 | $474k | 19k | 24.59 | |
| Pra Health Sciences | 0.1 | $482k | 5.3k | 91.08 | |
| Equinix (EQIX) | 0.1 | $408k | 900.00 | 453.33 | |
| Global X Fds msci pakistan | 0.1 | $445k | 36k | 12.38 | |
| Core Laboratories | 0.0 | $316k | 2.9k | 109.30 | |
| Varian Medical Systems | 0.0 | $397k | 3.6k | 111.14 | |
| American Campus Communities | 0.0 | $373k | 9.1k | 40.99 | |
| Cim Coml Tr | 0.0 | $373k | 20k | 19.08 | |
| Canada Goose Holdings Inc shs sub vtg (GOOS) | 0.0 | $317k | 10k | 31.57 | |
| iStar Financial | 0.0 | $257k | 23k | 11.32 | |
| Blackstone | 0.0 | $295k | 9.2k | 32.07 | |
| Monsanto Company | 0.0 | $307k | 2.6k | 116.86 | |
| General Electric Company | 0.0 | $246k | 14k | 17.45 | |
| Public Storage (PSA) | 0.0 | $239k | 1.1k | 209.10 | |
| Enstar Group (ESGR) | 0.0 | $259k | 1.3k | 200.93 | |
| Acuity Brands (AYI) | 0.0 | $277k | 1.6k | 175.43 | |
| Catalent (CTLT) | 0.0 | $269k | 6.5k | 41.18 | |
| Genesis Healthcare Inc Cl A (GENN) | 0.0 | $310k | 408k | 0.76 | |
| Black Knight | 0.0 | $272k | 6.2k | 44.18 | |
| Ritchie Bros. Auctioneers Inco | 0.0 | $189k | 6.3k | 29.99 | |
| Herman Miller (MLKN) | 0.0 | $200k | 5.0k | 39.92 | |
| New York Community Ban (NYCB) | 0.0 | $165k | 13k | 12.99 | |
| Apogee Enterprises (APOG) | 0.0 | $166k | 3.6k | 45.72 | |
| Chipotle Mexican Grill (CMG) | 0.0 | $217k | 750.00 | 289.33 | |
| Insteel Industries (IIIN) | 0.0 | $171k | 6.1k | 28.26 | |
| Suncor Energy (SU) | 0.0 | $173k | 4.7k | 36.81 | |
| Brandywine Realty Trust (BDN) | 0.0 | $158k | 8.7k | 18.24 | |
| iShares IBoxx $ Invest Grade Corp Bd (LQD) | 0.0 | $171k | 1.4k | 121.79 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 0.0 | $179k | 2.0k | 87.36 | |
| iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) | 0.0 | $171k | 1.5k | 116.09 | |
| PIMCO Enhanced Short Mat Str Fund ETF (MINT) | 0.0 | $152k | 1.5k | 101.74 | |
| Bankunited (BKU) | 0.0 | $220k | 5.4k | 40.74 | |
| Guidewire Software (GWRE) | 0.0 | $204k | 2.8k | 74.05 | |
| Gentherm (THRM) | 0.0 | $175k | 5.5k | 31.82 | |
| Hoegh Lng Partners | 0.0 | $196k | 11k | 18.68 | |
| Wisdomtree Continuous Commodity Index Fund etf | 0.0 | $221k | 12k | 19.21 | |
| Costco Wholesale Corporation (COST) | 0.0 | $93k | 500.00 | 186.00 | |
| McDonald's Corporation (MCD) | 0.0 | $103k | 600.00 | 171.67 | |
| iShares S&P 500 Index (IVV) | 0.0 | $105k | 389.00 | 269.92 | |
| iShares S&P MidCap 400 Index (IJH) | 0.0 | $70k | 370.00 | 189.19 | |
| Vanguard Europe Pacific ETF (VEA) | 0.0 | $80k | 1.8k | 45.05 | |
| iShares MSCI ACWI Index Fund (ACWI) | 0.0 | $45k | 623.00 | 72.23 | |
| Direxion Shs Etf Tr cmn | 0.0 | $91k | 4.1k | 22.20 | |
| Ishares Core Intl Stock Etf core (IXUS) | 0.0 | $76k | 1.2k | 63.12 | |
| Brighthouse Finl (BHF) | 0.0 | $48k | 816.00 | 58.82 | |
| Mobile TeleSystems OJSC | 0.0 | $9.0k | 885.00 | 10.17 | |
| HSBC Holdings (HSBC) | 0.0 | $13k | 255.00 | 50.98 | |
| Exxon Mobil Corporation (XOM) | 0.0 | $15k | 181.00 | 82.87 | |
| New Jersey Resources Corporation (NJR) | 0.0 | $17k | 426.00 | 39.91 | |
| Enersis | 0.0 | $15k | 1.3k | 11.54 | |
| Grupo Aeroportuario del Centro Nort (OMAB) | 0.0 | $13k | 310.00 | 41.94 | |
| Cosan Ltd shs a | 0.0 | $4.0k | 375.00 | 10.67 | |
| iShares S&P 500 Growth Index (IVW) | 0.0 | $1.0k | 4.00 | 250.00 | |
| iShares Dow Jones Select Dividend (DVY) | 0.0 | $5.0k | 50.00 | 100.00 | |
| iShares S&P SmallCap 600 Index (IJR) | 0.0 | $2.0k | 19.00 | 105.26 | |
| iShares MSCI Turkey Index Fund (TUR) | 0.0 | $11k | 250.00 | 44.00 | |
| iShares S&P Latin America 40 Index (ILF) | 0.0 | $1.0k | 20.00 | 50.00 | |
| iShares S&P Europe 350 Index (IEV) | 0.0 | $14k | 289.00 | 48.44 | |
| iShares S&P SmallCap 600 Growth (IJT) | 0.0 | $1.0k | 4.00 | 250.00 | |
| iShares MSCI Cntry Asa Jpn Idx Fnd (AAXJ) | 0.0 | $999.990000 | 9.00 | 111.11 | |
| iShares MSCI BRIC Index Fund (BKF) | 0.0 | $1.0k | 15.00 | 66.67 | |
| ISHARES TR MSCI Small Cap msci small cap (SCZ) | 0.0 | $1.0k | 11.00 | 90.91 | |
| iShares Russell Microcap Index (IWC) | 0.0 | $1.0k | 7.00 | 142.86 | |
| CECO Environmental (CECO) | 0.0 | $18k | 3.4k | 5.27 | |
| Ishares Trust Msci China msci china idx (MCHI) | 0.0 | $1.0k | 10.00 | 100.00 | |
| Ishares Inc emrgmkt dividx (DVYE) | 0.0 | $1.0k | 16.00 | 62.50 | |
| Ishares Inc core msci emkt (IEMG) | 0.0 | $999.960000 | 12.00 | 83.33 | |
| Ishares Inc msci frntr 100 (FM) | 0.0 | $1.0k | 20.00 | 50.00 | |
| Ishares Msci Global Metals & etp (PICK) | 0.0 | $1.0k | 21.00 | 47.62 |
