Forward Management’s iShares MSCI ACWI ETF ACWI Stock Holding History

Forward Management’s Portfolio ACWI Stock Details ACWI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-405	Closed	-$30K	–	48
2018 Q3	$30K	Sell	405 -15	-4%	-$1.1K	0.01%	133
2018 Q2	$30K	Buy	+420	New	+$30.5K	﹤0.01%	154
2018 Q1	–	Sell	-623	Closed	-$45K	–	190
2017 Q4	$45K	Buy	+623	New	+$44.1K	0.01%	193
2017 Q1	–	Sell	-800	Closed	-$47K	–	183
2016 Q4	$47K	Buy	+800	New	+$47K	﹤0.01%	214
2016 Q1	–	Sell	-505	Closed	-$28K	–	249
2015 Q4	$28K	Buy	+505	New	+$28.9K	﹤0.01%	242

Other funds holding ACWI

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Bessemer Group Woodbridge, New Jersey $72.7B AUM 39.36% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Allianz Asset Management Munich, Germany $123B AUM 45.23% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

JMPWA

JP Morgan Private Wealth Advisors San Francisco, California $35B AUM 24.26% 1-Year Est. Return

Sageworth Trust Lancaster, Pennsylvania $2.54B AUM 23.56% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Forward Management's ACWI Position: Q4 2018 in Review

Forward Management sold out of iShares MSCI ACWI ETF (ACWI) in Q4 2018, closing a stake of 405 shares — an estimated $30K sold.

Forward Management first reported a position in ACWI in Q4 2015 and held it in 5 quarters. The position peaked at $47K in Q4 2016. 397 funds tracked by Wall St. Rank hold ACWI as of Q4 2018.

Forward Management reported no remaining iShares MSCI ACWI ETF position as of Q4 2018 after selling out during the quarter.
Forward Management sold 405 iShares MSCI ACWI ETF shares in Q4 2018, an estimated $30K.
Forward Management first reported a position in iShares MSCI ACWI ETF in Q4 2015 and held it in 5 quarters.
Forward Management's iShares MSCI ACWI ETF position peaked at $47K in Q4 2016.
397 funds tracked by Wall St. Rank held iShares MSCI ACWI ETF as of Q4 2018.

Based on Forward Management's 13F filing for Q4 2018, filed 1 Feb 2019.