Forward Management’s Adtran ADTN Stock Holding History

Forward Management’s Portfolio ADTN Stock Details ADTN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-25,000	Closed	-$666K	–	368
2013 Q3	$666K	Buy	+25,000	New	+$648K	0.04%	183

Other funds holding ADTN

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

KCM

Kornitzer Capital Management Shawnee Mission, Kansas $4.65B AUM 23.83% 1-Year Est. Return

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VBA

Van Berkom & Associates Montreal, Quebec, Canada $3.08B AUM 12.07% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Forward Management's ADTN Position: Q4 2013 in Review

Forward Management sold out of Adtran (ADTN) in Q4 2013, closing a stake of 25,000 shares — an estimated $666K sold.

Forward Management first reported a position in ADTN in Q3 2013 and held it in 1 quarter. The position peaked at $666K in Q3 2013. 147 funds tracked by Wall St. Rank hold ADTN as of Q4 2013.

Forward Management reported no remaining Adtran position as of Q4 2013 after selling out during the quarter.
Forward Management sold 25,000 Adtran shares in Q4 2013, an estimated $666K.
Forward Management first reported a position in Adtran in Q3 2013 and held it in 1 quarter.
Forward Management's Adtran position peaked at $666K in Q3 2013.
147 funds tracked by Wall St. Rank held Adtran as of Q4 2013.

Based on Forward Management's 13F filing for Q4 2013, filed 31 Jan 2014.