Forward Management’s HF Sinclair DINO Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-1,000	Closed	-$44K	–	393
2014 Q3	$44K	Buy	+1,000	New	+$44K	﹤0.01%	358
2013 Q3	–	Sell	-10,000	Closed	-$428K	–	366
2013 Q2	$428K	Buy	+10,000	New	+$428K	0.04%	236