Forward Management

Forward Management as of June 30, 2017

Portfolio Holdings for Forward Management

Forward Management holds 216 positions in its portfolio as reported in the June 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 12.8 $151M 624k 241.80
SPDR Barclays Capital 1-3 Month T- 10.6 $125M 2.7M 45.74
Ashford Hospitality Prime In pfd cv ser b 4.7 $56M 2.8M 19.94
SPDR Dow Jones Industrial Average ETF (DIA) 4.3 $50M 236k 213.24
Colony Northstar 3.7 $43M 3.1M 14.09
Chatham Lodging Trust (CLDT) 3.5 $41M 2.0M 20.09
Jernigan Cap 2.7 $32M 1.4M 22.00
Sabra Health Care REIT (SBRA) 2.5 $29M 1.2M 24.10
Felcor Lodging Trust Inc. pfd cv a $1.95 2.4 $29M 1.0M 27.90
Medequities Realty Trust reit 2.3 $27M 2.2M 12.62
CBL & Associates Properties 2.1 $25M 3.0M 8.43
Washington Prime Group 2.1 $25M 2.9M 8.37
Epr Pptys conv pfd 9% sr e (EPR.PE) 2.0 $23M 644k 35.98
Stag Industrial (STAG) 1.9 $22M 808k 27.60
Kite Rlty Group Tr (KRG) 1.9 $22M 1.2M 18.93
Ddr Corp 1.8 $22M 2.4M 9.07
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 1.04
Franklin Street Properties (FSP) 1.8 $21M 1.9M 11.08
Government Properties Income Trust 1.6 $19M 1.1M 18.31
Umh Mobile Homes 8.25% Pfd A p 1.4 $16M 630k 26.02
Lexington Rlty Trst Pref 6.50% p (LXP.PC) 1.4 $16M 317k 50.50
Taubman Centers 1.3 $15M 255k 59.55
Resource Cap 1.2 $15M 1.4M 10.17
Ramco-gershenson Pptys Tr perp pfd-d cv 1.1 $13M 246k 53.50
Clipper Realty Inc Reit equities - reit (CLPR) 1.1 $13M 1.0M 12.34
Corr 7 3/8 12/31/49 (CORLQ) 1.1 $13M 500k 25.03
Uba 6 3/4 12/31/49 1.0 $12M 450k 26.40
Wheeler Real Estate Invt Tr cv pfd ser b (WHLRP) 0.7 $8.7M 390k 22.37
Epr Properties Pfd C 5.75% (EPR.PC) 0.6 $7.1M 249k 28.69
New York Reit 0.6 $7.0M 811k 8.64
iShares MSCI EMU Index (EZU) 0.5 $5.7M 140k 40.33
PowerShares QQQ Trust, Series 1 0.5 $5.6M 41k 137.64
American Homes 4 Rent-a reit (AMH) 0.5 $5.5M 244k 22.57
Wisdomtree Tr intl hedge eqt (HEDJ) 0.5 $5.4M 86k 62.33
Schlumberger (SLB) 0.4 $5.1M 74k 68.49
National Storage Affiliates shs ben int (NSA) 0.4 $5.1M 220k 23.11
China Yuchai Intl (CYD) 0.4 $4.8M 282k 16.92
Wheeler Real Estate Invt Tr pfd cnv ser d (WHLRD) 0.4 $4.6M 200k 23.05
La Quinta Holdings 0.4 $4.5M 303k 14.77
iShares MSCI ACWI ex US Index Fund (ACWX) 0.4 $4.4M 101k 43.24
Financial Select Sector SPDR (XLF) 0.4 $4.2M 171k 24.67
Vanguard Information Technology ETF (VGT) 0.4 $4.2M 30k 140.85
Vanguard Industrials ETF (VIS) 0.4 $4.2M 33k 128.42
Safety, Income And Growth 0.4 $4.2M 220k 19.15
Consumer Discretionary SPDR (XLY) 0.3 $4.0M 45k 89.63
Taiwan Semiconductor Mfg (TSM) 0.3 $3.8M 109k 34.96
Alexandria Real Estate Equitie conv prf 0.3 $3.8M 103k 36.77
Ashford Hospitality Prime In 0.3 $3.8M 367k 10.29
Shaw Communications Inc cl b conv 0.3 $3.5M 160k 21.74
Weyerhaeuser Company (WY) 0.3 $3.3M 99k 33.50
Infosys Technologies (INFY) 0.3 $3.1M 208k 15.02
AvalonBay Communities (AVB) 0.3 $3.2M 17k 192.22
Paramount Group Inc reit (PGRE) 0.3 $3.0M 189k 16.00
SL Green Realty 0.2 $2.9M 27k 105.79
Wpp Plc- (WPP) 0.2 $3.0M 28k 105.40
Equity Residential (EQR) 0.2 $2.9M 44k 65.83
Vornado Realty Trust (VNO) 0.2 $2.8M 30k 93.89
CoreSite Realty 0.2 $2.9M 28k 103.54
Digital Realty Trust (DLR) 0.2 $2.7M 24k 112.92
Brookdale Senior Living (BKD) 0.2 $2.7M 185k 14.71
Belmond 0.2 $2.7M 204k 13.30
Comcast Corporation (CMCSA) 0.2 $2.4M 63k 38.92
Essex Property Trust (ESS) 0.2 $2.4M 9.5k 257.26
Acadia Realty Trust (AKR) 0.2 $2.5M 90k 27.80
American Assets Trust Inc reit (AAT) 0.2 $2.5M 64k 39.39
Prudential Public Limited Company (PUK) 0.2 $2.4M 52k 46.01
Unilever (UL) 0.2 $2.4M 44k 54.09
Ubs Group (UBS) 0.2 $2.2M 130k 16.99
GlaxoSmithKline 0.2 $2.1M 49k 43.13
Tanger Factory Outlet Centers (SKT) 0.2 $2.1M 79k 25.98
Alexandria Real Estate Equities (ARE) 0.2 $2.2M 18k 120.50
Capital Senior Living Corporation 0.2 $2.2M 142k 15.22
Retail Opportunity Investments (ROIC) 0.2 $2.0M 102k 19.19
Seritage Growth Pptys Cl A (SRG) 0.2 $2.0M 49k 41.96
3M Company (MMM) 0.2 $1.9M 9.1k 208.19
Liberty Property Trust 0.2 $1.9M 46k 40.70
Ambev Sa- (ABEV) 0.2 $1.9M 351k 5.49
Forest City Realty Trust Inc Class A 0.2 $1.9M 78k 24.16
Microsoft Corporation (MSFT) 0.1 $1.7M 25k 68.93
Novartis (NVS) 0.1 $1.7M 21k 83.53
Urstadt Biddle Properties 0.1 $1.8M 92k 19.80
KLA-Tencor Corporation (KLAC) 0.1 $1.6M 17k 91.48
Alexander & Baldwin (ALEX) 0.1 $1.6M 39k 41.38
Ggp 0.1 $1.6M 70k 23.55
BlackRock (BLK) 0.1 $1.6M 3.7k 422.53
U.S. Bancorp (USB) 0.1 $1.6M 31k 51.90
Cardinal Health (CAH) 0.1 $1.5M 19k 77.96
United Technologies Corporation 0.1 $1.5M 13k 122.08
Robert Half International (RHI) 0.1 $1.6M 33k 47.96
Time Warner 0.1 $1.4M 14k 100.45
Pfizer (PFE) 0.1 $1.4M 41k 33.61
Apple (AAPL) 0.1 $1.4M 9.8k 144.01
General Dynamics Corporation (GD) 0.1 $1.4M 7.1k 198.05
Cme (CME) 0.1 $1.3M 10k 125.22
Johnson & Johnson (JNJ) 0.1 $1.3M 9.9k 132.30
Extra Space Storage (EXR) 0.1 $1.3M 17k 78.00
Macerich Company (MAC) 0.1 $1.3M 22k 58.05
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $1.3M 12k 109.79
Howard Hughes 0.1 $1.3M 11k 122.86
Brixmor Prty (BRX) 0.1 $1.3M 70k 17.88
Welltower Inc Com reit (WELL) 0.1 $1.3M 18k 74.83
JPMorgan Chase & Co. (JPM) 0.1 $1.2M 13k 91.41
Becton, Dickinson and (BDX) 0.1 $1.2M 6.0k 195.19
Texas Instruments Incorporated (TXN) 0.1 $1.2M 16k 76.97
Korea Electric Power Corporation (KEP) 0.1 $1.1M 63k 17.97
Phillips 66 (PSX) 0.1 $1.2M 14k 82.67
Fomento Economico Mexicano SAB (FMX) 0.1 $1.1M 11k 98.35
Eastman Chemical Company (EMN) 0.1 $1.1M 13k 83.99
Invesco (IVZ) 0.1 $1.0M 29k 35.17
Interxion Holding 0.1 $1.0M 22k 45.76
Eaton (ETN) 0.1 $1.1M 14k 77.80
Home Depot (HD) 0.1 $912k 5.9k 153.38
Interpublic Group of Companies (IPG) 0.1 $975k 40k 24.62
iShares Lehman MBS Bond Fund (MBB) 0.1 $928k 8.7k 106.78
Genesis Healthcare Inc Cl A (GENN) 0.1 $926k 532k 1.74
Mobile TeleSystems OJSC 0.1 $779k 93k 8.38
Wal-Mart Stores (WMT) 0.1 $874k 12k 75.68
Chevron Corporation (CVX) 0.1 $870k 8.3k 104.42
Amgen (AMGN) 0.1 $862k 5.0k 172.19
Procter & Gamble Company (PG) 0.1 $799k 9.2k 87.15
John Bean Technologies Corporation (JBT) 0.1 $779k 8.0k 97.90
HCP 0.1 $783k 25k 31.96
Farmland Partners (FPI) 0.1 $827k 93k 8.94
Ishares Inc etp (EWT) 0.1 $836k 30k 28.01
Pepsi (PEP) 0.1 $662k 5.7k 115.45
Accenture (ACN) 0.1 $700k 5.7k 123.57
HFF 0.1 $728k 21k 34.77
BT 0.1 $684k 35k 19.42
Kimco Realty Corporation (KIM) 0.1 $754k 41k 18.35
Prologis (PLD) 0.1 $673k 12k 58.63
Casey's General Stores (CASY) 0.1 $541k 5.0k 107.15
Ultrapar Participacoes SA (UGP) 0.1 $646k 28k 23.53
Pool Corporation (POOL) 0.1 $637k 5.4k 117.55
American Campus Communities 0.1 $568k 12k 47.33
MetLife (MET) 0.1 $531k 9.7k 54.96
Stonegate Bk Ft Lauderdale 0.1 $534k 12k 46.22
Equinix (EQIX) 0.1 $644k 1.5k 429.33
Virtu Financial Inc Class A (VIRT) 0.1 $549k 31k 17.64
Global X Fds msci pakistan 0.1 $570k 36k 15.86
Owens Corning (OC) 0.0 $449k 6.7k 66.96
iStar Financial 0.0 $470k 39k 12.05
Broadridge Financial Solutions (BR) 0.0 $491k 6.5k 75.60
Cooper Companies 0.0 $482k 2.0k 239.68
Neenah Paper 0.0 $505k 6.3k 80.21
Vantiv Inc Cl A 0.0 $458k 7.2k 63.25
Sterling Bancorp 0.0 $429k 18k 23.30
Global Medical Reit (GMRE) 0.0 $447k 50k 8.94
DST Systems 0.0 $360k 5.8k 61.57
Berkshire Hathaway (BRK.B) 0.0 $390k 2.3k 169.57
Monsanto Company 0.0 $379k 3.2k 118.40
Core Laboratories 0.0 $361k 3.6k 101.15
Grupo Aeroportuario del Pacifi (PAC) 0.0 $326k 2.9k 112.41
Varian Medical Systems 0.0 $362k 3.5k 103.16
Evercore Partners (EVR) 0.0 $355k 5.0k 70.60
Chipotle Mexican Grill (CMG) 0.0 $312k 750.00 416.00
First American Financial (FAF) 0.0 $370k 8.3k 44.69
Wright Express (WEX) 0.0 $311k 3.0k 104.26
Cim Coml Tr 0.0 $330k 21k 15.91
Hoegh Lng Partners 0.0 $385k 20k 19.15
Pra Health Sciences 0.0 $394k 5.2k 75.16
Deutsch Bank Ag yankee 7.5% 12/29/2049 0.0 $309k 300k 1.03
Blackstone 0.0 $213k 6.4k 33.28
Public Storage (PSA) 0.0 $258k 1.2k 208.40
Enstar Group (ESGR) 0.0 $250k 1.3k 198.57
Maximus (MMS) 0.0 $272k 4.3k 62.73
Littelfuse (LFUS) 0.0 $290k 1.8k 164.96
Acuity Brands (AYI) 0.0 $187k 923.00 202.60
Insteel Industries (IIIN) 0.0 $197k 6.0k 33.03
Materials SPDR (XLB) 0.0 $238k 4.4k 53.91
Brandywine Realty Trust (BDN) 0.0 $186k 11k 17.53
iShares iBoxx $ High Yid Corp Bond (HYG) 0.0 $191k 2.2k 88.22
Gentherm (THRM) 0.0 $210k 5.4k 38.82
Catalent (CTLT) 0.0 $226k 6.4k 35.11
Black Knight Finl Svcs Inc cl a 0.0 $250k 6.1k 40.88
Wisdomtree Continuous Commodity Index Fund etf 0.0 $240k 13k 18.62
iShares MSCI Emerging Markets Indx (EEM) 0.0 $71k 1.7k 41.21
McDonald's Corporation (MCD) 0.0 $77k 500.00 154.00
Ritchie Bros. Auctioneers Inco 0.0 $176k 6.1k 28.68
Herman Miller (MLKN) 0.0 $151k 4.9k 30.58
iShares S&P 500 Index (IVV) 0.0 $86k 354.00 242.94
iShares MSCI EAFE Index Fund (EFA) 0.0 $148k 2.3k 65.08
Apogee Enterprises (APOG) 0.0 $137k 2.4k 56.85
Monro Muffler Brake (MNRO) 0.0 $111k 2.7k 41.70
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $137k 1.1k 120.60
iShares S&P MidCap 400 Index (IJH) 0.0 $63k 364.00 173.08
Vanguard Europe Pacific ETF (VEA) 0.0 $104k 2.5k 41.50
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.0 $141k 1.2k 114.36
iShares Barclays Govnment/Cdit Bond (GBF) 0.0 $83k 725.00 114.48
Direxion Shs Etf Tr cmn 0.0 $67k 3.2k 20.83
Credit Suisse Nassau Brh invrs vix sterm 0.0 $87k 1.0k 83.25
Green Ban 0.0 $146k 7.5k 19.47
Canada Goose Holdings Inc shs sub vtg (GOOS) 0.0 $134k 6.8k 19.69
HSBC Holdings (HSBC) 0.0 $12k 255.00 47.06
Exxon Mobil Corporation (XOM) 0.0 $14k 181.00 77.35
Vanguard Short-Term Bond ETF (BSV) 0.0 $8.0k 96.00 83.33
iShares Russell 2000 Index (IWM) 0.0 $57k 405.00 140.74
New Jersey Resources Corporation (NJR) 0.0 $17k 426.00 39.91
iShares S&P 500 Value Index (IVE) 0.0 $1.0k 6.00 166.67
iShares S&P SmallCap 600 Index (IJR) 0.0 $999.990000 9.00 111.11
iShares MSCI Turkey Index Fund (TUR) 0.0 $10k 250.00 40.00
iShares S&P India Nifty 50 Index Fund (INDY) 0.0 $1.0k 18.00 55.56
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 $12k 275.00 43.64
iShares S&P SmallCap 600 Growth (IJT) 0.0 $1.0k 4.00 250.00
iShares S&P SmallCap 600 Value Idx (IJS) 0.0 $1.0k 4.00 250.00
iShares MSCI BRIC Index Fund (BKF) 0.0 $1.0k 16.00 62.50
iShares S&P 1500 Index Fund (ITOT) 0.0 $1.0k 11.00 90.91
iShares Russell Microcap Index (IWC) 0.0 $1.0k 7.00 142.86
iShares S&P MidCap 400 Value Index (IJJ) 0.0 $1.0k 4.00 250.00
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.0 $31k 305.00 101.64
CECO Environmental (CECO) 0.0 $31k 3.4k 9.07
Ishares Trust Msci China msci china idx (MCHI) 0.0 $1.0k 11.00 90.91
Ishares Inc emrgmkt dividx (DVYE) 0.0 $1.0k 15.00 66.67
Ishares Inc msci frntr 100 (FM) 0.0 $1.0k 21.00 47.62
Ishares Msci Global Metals & etp (PICK) 0.0 $1.0k 23.00 43.48