Forward Management as of March 31, 2017
Portfolio Holdings for Forward Management
Forward Management holds 183 positions in its portfolio as reported in the March 2017 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Spdr S&p 500 Etf (SPY) | 16.9 | $201M | 850k | 235.74 | |
| SPDR Barclays Capital 1-3 Month T- | 9.0 | $107M | 2.3M | 45.71 | |
| Ashford Hospitality Prime In pfd cv ser b | 4.6 | $55M | 2.8M | 19.67 | |
| PowerShares QQQ Trust, Series 1 | 4.1 | $48M | 363k | 132.38 | |
| Chatham Lodging Trust (CLDT) | 3.4 | $40M | 2.0M | 19.75 | |
| Colony Northstar | 3.2 | $38M | 2.9M | 12.91 | |
| Stag Industrial (STAG) | 3.0 | $35M | 1.4M | 25.02 | |
| Sabra Health Care REIT (SBRA) | 2.7 | $32M | 1.2M | 27.93 | |
| Kite Rlty Group Tr (KRG) | 2.1 | $25M | 1.2M | 21.50 | |
| Felcor Lodging Trust Inc. pfd cv a $1.95 | 2.1 | $25M | 1.0M | 24.38 | |
| Washington Prime Group | 2.1 | $25M | 2.9M | 8.69 | |
| Medequities Realty Trust reit | 2.0 | $24M | 2.2M | 11.21 | |
| Epr Pptys conv pfd 9% sr e (EPR.PE) | 1.9 | $23M | 644k | 35.79 | |
| Franklin Street Properties (FSP) | 1.9 | $23M | 1.9M | 12.14 | |
| American Homes 4 Rent-a reit (AMH) | 1.8 | $21M | 925k | 22.96 | |
| Corenergy Infrastructure note 7% 6/15 | 1.8 | $21M | 19M | 1.12 | |
| Consolidated Tomoka Ld Co note 4.500% 3/1 | 1.8 | $21M | 21M | 1.01 | |
| Ddr Corp | 1.6 | $19M | 1.5M | 12.53 | |
| Taubman Centers | 1.4 | $17M | 255k | 66.02 | |
| Monmouth R.E. Inv | 1.4 | $16M | 1.2M | 14.27 | |
| Umh Mobile Homes 8.25% Pfd A p | 1.4 | $16M | 630k | 25.86 | |
| Lexington Rlty Trst Pref 6.50% p (LXP.PC) | 1.3 | $16M | 317k | 50.25 | |
| New York Reit | 1.2 | $14M | 1.4M | 9.69 | |
| Resource Cap | 1.1 | $14M | 1.4M | 9.77 | |
| Ramco-gershenson Pptys Tr perp pfd-d cv | 1.1 | $13M | 246k | 54.20 | |
| Jernigan Cap | 1.0 | $12M | 525k | 23.04 | |
| National Storage Affiliates shs ben int (NSA) | 1.0 | $12M | 501k | 23.90 | |
| Uba 6 3/4 12/31/49 | 1.0 | $12M | 450k | 25.75 | |
| Corr 7 3/8 12/31/49 (CORLQ) | 0.8 | $10M | 400k | 25.25 | |
| Clipper Realty Inc Reit equities - reit (CLPR) | 0.8 | $9.5M | 741k | 12.82 | |
| Wheeler Real Estate Invt Tr cv pfd ser b (WHLRP) | 0.8 | $9.4M | 390k | 24.10 | |
| Epr Properties Pfd C 5.75% (EPR.PC) | 0.6 | $7.1M | 249k | 28.68 | |
| American Assets Trust Inc reit (AAT) | 0.6 | $6.9M | 164k | 41.84 | |
| Schlumberger (SLB) | 0.5 | $6.1M | 79k | 77.45 | |
| China Yuchai Intl (CYD) | 0.5 | $5.3M | 306k | 17.24 | |
| Wheeler Real Estate Invt Tr pfd cnv ser d (WHLRD) | 0.4 | $5.2M | 200k | 26.01 | |
| Peak Resorts | 0.4 | $4.5M | 796k | 5.65 | |
| iShares MSCI ACWI ex US Index Fund (ACWX) | 0.4 | $4.4M | 101k | 43.24 | |
| Taiwan Semiconductor Mfg (TSM) | 0.3 | $4.2M | 127k | 32.85 | |
| Materials SPDR (XLB) | 0.3 | $4.2M | 80k | 52.41 | |
| Financial Select Sector SPDR (XLF) | 0.3 | $4.2M | 176k | 23.73 | |
| Vanguard Information Technology ETF (VGT) | 0.3 | $4.2M | 31k | 135.62 | |
| Vanguard Industrials ETF (VIS) | 0.3 | $4.2M | 34k | 123.72 | |
| Ashford Hospitality Prime In | 0.3 | $4.0M | 376k | 10.61 | |
| Urstadt Biddle Properties | 0.3 | $3.9M | 192k | 20.56 | |
| Farmland Partners (FPI) | 0.3 | $3.8M | 343k | 11.17 | |
| Infosys Technologies (INFY) | 0.3 | $3.7M | 235k | 15.80 | |
| Shaw Communications Inc cl b conv | 0.3 | $3.7M | 176k | 20.91 | |
| Weyerhaeuser Company (WY) | 0.3 | $3.6M | 106k | 33.98 | |
| Alexandria Real Estate Equitie conv prf | 0.3 | $3.6M | 103k | 34.85 | |
| Interxion Holding | 0.3 | $3.5M | 88k | 39.57 | |
| Digital Realty Trust (DLR) | 0.3 | $3.3M | 31k | 106.39 | |
| AvalonBay Communities (AVB) | 0.3 | $3.3M | 18k | 183.56 | |
| Essex Property Trust (ESS) | 0.3 | $3.3M | 14k | 231.48 | |
| Wpp Plc- (WPP) | 0.3 | $3.3M | 30k | 109.40 | |
| Equity Residential (EQR) | 0.3 | $3.2M | 52k | 62.24 | |
| Paramount Group Inc reit (PGRE) | 0.3 | $3.2M | 195k | 16.21 | |
| Vornado Realty Trust (VNO) | 0.3 | $3.1M | 31k | 100.29 | |
| SL Green Realty | 0.2 | $2.9M | 27k | 106.61 | |
| Acadia Realty Trust (AKR) | 0.2 | $2.7M | 90k | 30.06 | |
| Unilever (UL) | 0.2 | $2.6M | 52k | 49.35 | |
| Brookdale Senior Living (BKD) | 0.2 | $2.6M | 191k | 13.43 | |
| CoreSite Realty | 0.2 | $2.6M | 29k | 90.07 | |
| GlaxoSmithKline | 0.2 | $2.4M | 58k | 42.17 | |
| Belmond | 0.2 | $2.5M | 204k | 12.10 | |
| Comcast Corporation (CMCSA) | 0.2 | $2.4M | 64k | 37.59 | |
| FelCor Lodging Trust Incorporated | 0.2 | $2.4M | 321k | 7.51 | |
| Ubs Group (UBS) | 0.2 | $2.4M | 152k | 15.95 | |
| Ambev Sa- (ABEV) | 0.2 | $2.3M | 399k | 5.76 | |
| Retail Opportunity Investments (ROIC) | 0.2 | $2.1M | 102k | 21.02 | |
| Seritage Growth Pptys Cl A (SRG) | 0.2 | $2.1M | 49k | 43.15 | |
| Alexandria Real Estate Equities (ARE) | 0.2 | $2.0M | 18k | 110.50 | |
| Federal Realty Inv. Trust | 0.2 | $2.1M | 16k | 133.48 | |
| 3M Company (MMM) | 0.1 | $1.8M | 9.3k | 191.38 | |
| Novartis (NVS) | 0.1 | $1.8M | 24k | 74.28 | |
| Liberty Property Trust | 0.1 | $1.8M | 46k | 38.54 | |
| Alexander & Baldwin (ALEX) | 0.1 | $1.7M | 39k | 44.52 | |
| Microsoft Corporation (MSFT) | 0.1 | $1.7M | 26k | 65.87 | |
| U.S. Bancorp (USB) | 0.1 | $1.6M | 31k | 51.48 | |
| Robert Half International (RHI) | 0.1 | $1.6M | 33k | 48.84 | |
| Prudential Public Limited Company (PUK) | 0.1 | $1.7M | 40k | 42.35 | |
| KLA-Tencor Corporation (KLAC) | 0.1 | $1.7M | 18k | 95.08 | |
| Forest City Realty Trust Inc Class A | 0.1 | $1.7M | 78k | 21.79 | |
| Time Warner | 0.1 | $1.5M | 15k | 97.72 | |
| Apple (AAPL) | 0.1 | $1.5M | 11k | 143.72 | |
| Preferred Apartment Communitie | 0.1 | $1.5M | 116k | 13.21 | |
| Brixmor Prty (BRX) | 0.1 | $1.5M | 70k | 21.47 | |
| BlackRock (BLK) | 0.1 | $1.5M | 3.8k | 383.79 | |
| Pfizer (PFE) | 0.1 | $1.5M | 43k | 34.24 | |
| Cardinal Health (CAH) | 0.1 | $1.5M | 18k | 81.59 | |
| United Technologies Corporation | 0.1 | $1.4M | 13k | 112.27 | |
| Lloyds TSB (LYG) | 0.1 | $1.5M | 432k | 3.40 | |
| Macerich Company (MAC) | 0.1 | $1.4M | 22k | 64.36 | |
| Genesis Healthcare Inc Cl A (GENN) | 0.1 | $1.4M | 532k | 2.64 | |
| General Dynamics Corporation (GD) | 0.1 | $1.4M | 7.2k | 187.15 | |
| Extra Space Storage (EXR) | 0.1 | $1.3M | 17k | 74.41 | |
| iShares Barclays Inter Crd Bd Fund ETF) (IGIB) | 0.1 | $1.3M | 12k | 108.98 | |
| Welltower Inc Com reit (WELL) | 0.1 | $1.3M | 18k | 70.83 | |
| Ggp | 0.1 | $1.2M | 54k | 23.18 | |
| Fomento Economico Mexicano SAB (FMX) | 0.1 | $1.2M | 13k | 88.56 | |
| Cme (CME) | 0.1 | $1.2M | 10k | 118.70 | |
| Johnson & Johnson (JNJ) | 0.1 | $1.2M | 9.9k | 124.56 | |
| Texas Instruments Incorporated (TXN) | 0.1 | $1.2M | 15k | 80.56 | |
| Howard Hughes | 0.1 | $1.2M | 11k | 117.24 | |
| JPMorgan Chase & Co. (JPM) | 0.1 | $1.1M | 12k | 87.85 | |
| Eastman Chemical Company (EMN) | 0.1 | $1.0M | 13k | 80.74 | |
| Becton, Dickinson and (BDX) | 0.1 | $1.1M | 6.0k | 183.38 | |
| Phillips 66 (PSX) | 0.1 | $1.1M | 14k | 79.15 | |
| Eaton (ETN) | 0.1 | $1.0M | 14k | 74.15 | |
| Chevron Corporation (CVX) | 0.1 | $924k | 8.6k | 107.40 | |
| Interpublic Group of Companies (IPG) | 0.1 | $947k | 39k | 24.60 | |
| Invesco (IVZ) | 0.1 | $917k | 30k | 30.65 | |
| Kimco Realty Corporation (KIM) | 0.1 | $908k | 41k | 22.09 | |
| Wal-Mart Stores (WMT) | 0.1 | $833k | 12k | 72.07 | |
| Home Depot (HD) | 0.1 | $868k | 5.9k | 146.99 | |
| Automatic Data Processing (ADP) | 0.1 | $804k | 7.9k | 102.39 | |
| Amgen (AMGN) | 0.1 | $824k | 5.0k | 164.14 | |
| Procter & Gamble Company (PG) | 0.1 | $821k | 9.1k | 89.88 | |
| BT | 0.1 | $847k | 42k | 20.08 | |
| iShares Lehman MBS Bond Fund (MBB) | 0.1 | $881k | 8.3k | 106.52 | |
| Ishares Inc etp (EWT) | 0.1 | $836k | 30k | 28.01 | |
| Pepsi (PEP) | 0.1 | $692k | 6.2k | 111.96 | |
| HCP | 0.1 | $766k | 25k | 31.27 | |
| Ultrapar Participacoes SA (UGP) | 0.1 | $624k | 28k | 22.73 | |
| Pool Corporation (POOL) | 0.1 | $627k | 5.3k | 119.25 | |
| HFF | 0.1 | $580k | 21k | 27.68 | |
| Grupo Aeroportuario del Sureste (ASR) | 0.1 | $572k | 3.3k | 173.33 | |
| American Campus Communities | 0.1 | $571k | 12k | 47.58 | |
| John Bean Technologies Corporation (JBT) | 0.1 | $627k | 7.1k | 87.96 | |
| Korea Electric Power Corporation (KEP) | 0.1 | $651k | 31k | 20.73 | |
| Prologis (PLD) | 0.1 | $609k | 12k | 51.95 | |
| Qts Realty Trust | 0.1 | $634k | 13k | 48.77 | |
| Global X Fds msci pakistan | 0.1 | $570k | 36k | 15.86 | |
| Mobile TeleSystems OJSC | 0.0 | $524k | 48k | 11.03 | |
| iStar Financial | 0.0 | $460k | 39k | 11.79 | |
| Broadridge Financial Solutions (BR) | 0.0 | $416k | 6.1k | 67.95 | |
| Casey's General Stores (CASY) | 0.0 | $531k | 4.7k | 112.26 | |
| Evercore Partners (EVR) | 0.0 | $430k | 5.5k | 77.84 | |
| Neenah Paper | 0.0 | $440k | 5.9k | 74.61 | |
| Chipotle Mexican Grill (CMG) | 0.0 | $446k | 1.0k | 446.00 | |
| MetLife (MET) | 0.0 | $508k | 9.6k | 52.81 | |
| Stonegate Bk Ft Lauderdale | 0.0 | $515k | 11k | 47.04 | |
| Vantiv Inc Cl A | 0.0 | $422k | 6.6k | 64.08 | |
| Virtu Financial Inc Class A (VIRT) | 0.0 | $524k | 31k | 17.02 | |
| Owens Corning (OC) | 0.0 | $390k | 6.3k | 61.45 | |
| DST Systems | 0.0 | $344k | 2.8k | 122.59 | |
| Monsanto Company | 0.0 | $360k | 3.2k | 113.03 | |
| Core Laboratories | 0.0 | $387k | 3.4k | 115.38 | |
| Cooper Companies | 0.0 | $406k | 2.0k | 199.70 | |
| First American Financial (FAF) | 0.0 | $315k | 8.0k | 39.32 | |
| Sterling Bancorp | 0.0 | $379k | 16k | 23.72 | |
| Cim Coml Tr | 0.0 | $334k | 21k | 16.10 | |
| Pra Health Sciences | 0.0 | $310k | 4.8k | 65.10 | |
| Blackstone | 0.0 | $190k | 6.4k | 29.69 | |
| Public Storage (PSA) | 0.0 | $269k | 1.2k | 218.88 | |
| Ritchie Bros. Auctioneers Inco | 0.0 | $182k | 5.5k | 32.92 | |
| Grupo Aeroportuario del Pacifi (PAC) | 0.0 | $282k | 2.9k | 97.24 | |
| Enstar Group (ESGR) | 0.0 | $220k | 1.1k | 191.47 | |
| Varian Medical Systems | 0.0 | $291k | 3.2k | 90.99 | |
| Maximus (MMS) | 0.0 | $278k | 4.5k | 62.18 | |
| Littelfuse (LFUS) | 0.0 | $268k | 1.7k | 160.10 | |
| Gentherm (THRM) | 0.0 | $201k | 5.1k | 39.38 | |
| Wright Express (WEX) | 0.0 | $278k | 2.7k | 103.42 | |
| Green Ban | 0.0 | $267k | 15k | 17.80 | |
| Black Knight Finl Svcs Inc cl a | 0.0 | $224k | 5.8k | 38.31 | |
| Patheon N V | 0.0 | $230k | 8.7k | 26.39 | |
| McDonald's Corporation (MCD) | 0.0 | $65k | 500.00 | 130.00 | |
| Herman Miller (MLKN) | 0.0 | $146k | 4.6k | 31.58 | |
| Monro Muffler Brake (MNRO) | 0.0 | $127k | 2.4k | 52.24 | |
| Insteel Industries (IIIN) | 0.0 | $169k | 4.7k | 36.20 | |
| Brandywine Realty Trust (BDN) | 0.0 | $163k | 10k | 16.15 | |
| Vanguard Europe Pacific ETF (VEA) | 0.0 | $151k | 3.8k | 39.27 | |
| iShares Barclays Govnment/Cdit Bond (GBF) | 0.0 | $82k | 725.00 | 113.10 | |
| Catalent (CTLT) | 0.0 | $166k | 5.8k | 28.41 | |
| Hoegh Lng Partners | 0.0 | $175k | 8.9k | 19.66 | |
| HSBC Holdings (HSBC) | 0.0 | $10k | 255.00 | 39.22 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.0 | $0 | 1.00 | 0.00 | |
| Exxon Mobil Corporation (XOM) | 0.0 | $15k | 181.00 | 82.87 | |
| New Jersey Resources Corporation (NJR) | 0.0 | $17k | 426.00 | 39.91 | |
| iShares MSCI Turkey Index Fund (TUR) | 0.0 | $9.0k | 250.00 | 36.00 | |
| iShares S&P Europe 350 Index (IEV) | 0.0 | $12k | 275.00 | 43.64 | |
| PIMCO Enhanced Short Mat Str Fund ETF (MINT) | 0.0 | $31k | 305.00 | 101.64 | |
| CECO Environmental (CECO) | 0.0 | $36k | 3.4k | 10.54 |
