Forward Management’s National Beverage FIZZ Stock Holding History

Forward Management’s Portfolio FIZZ Stock Details FIZZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-20,000	Closed	-$244K	–	334
2015 Q1	$244K	Hold	20,000	–	–	0.01%	296
2014 Q4	$226K	Sell	20,000 -20,000	-50%	-$240K	0.01%	300
2014 Q3	$390K	Hold	40,000	–	–	0.02%	250
2014 Q2	$378K	Hold	40,000	–	–	0.02%	248
2014 Q1	$390K	Hold	40,000	–	–	0.02%	252
2013 Q4	$403K	Hold	40,000	–	–	0.02%	259
2013 Q3	$357K	Hold	40,000	–	–	0.02%	266
2013 Q2	$349K	Buy	+40,000	New	+$313K	0.03%	271

Other funds holding FIZZ

Kayne Anderson Rudnick Investment Management Los Angeles, California $34B AUM 6.31% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

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

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Hancock Whitney Gulfport, Mississippi $5.75B AUM 24.3% 1-Year Est. Return

BIT

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

BFA

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

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

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

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Forward Management's FIZZ Position: Q2 2015 in Review

Forward Management sold out of National Beverage (FIZZ) in Q2 2015, closing a stake of 20,000 shares — an estimated $244K sold.

Forward Management first reported a position in FIZZ in Q2 2013 and held it in 8 quarters. The position peaked at $403K in Q4 2013. 77 funds tracked by Wall St. Rank hold FIZZ as of Q2 2015.

Forward Management reported no remaining National Beverage position as of Q2 2015 after selling out during the quarter.
Forward Management sold 20,000 National Beverage shares in Q2 2015, an estimated $244K.
Forward Management first reported a position in National Beverage in Q2 2013 and held it in 8 quarters.
Forward Management's National Beverage position peaked at $403K in Q4 2013.
77 funds tracked by Wall St. Rank held National Beverage as of Q2 2015.

Based on Forward Management's 13F filing for Q2 2015, filed 11 Aug 2015.