Forward Management’s iShares Frontier and Select EM ETF FM Stock Holding History

Forward Management’s Portfolio FM Stock Details FM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-20	Closed	-$1K	–	232
2017 Q4	$1K	Sell	20 -1	-5%	-$32	﹤0.01%	217
2017 Q3	$1K	Hold	21	–	–	﹤0.01%	208
2017 Q2	$1K	Buy	+21	New	+$607	﹤0.01%	216
2016 Q4	–	Sell	-14,050	Closed	-$361K	–	252
2016 Q3	$361K	Buy	14,050 +10,150	+260%	+$254K	0.03%	175
2016 Q2	$96K	Sell	3,900 -11,050	-74%	-$277K	0.01%	190
2016 Q1	$367K	Buy	+14,950	New	+$354K	0.03%	197
2015 Q4	–	Sell	-70,050	Closed	-$1.76M	–	296
2015 Q3	$1.76M	Sell	70,050 -77,300	-52%	-$2.1M	0.14%	92
2015 Q2	$4.31M	Buy	147,350 +59,250	+67%	+$1.8M	0.27%	60
2015 Q1	$2.62M	Sell	88,100 -21,500	-20%	-$649K	0.16%	93
2014 Q4	$3.38M	Buy	109,600 +65,750	+150%	+$2.29M	0.18%	81
2014 Q3	$1.66M	Buy	43,850 +42,209	+2,572%	+$1.63M	0.1%	125
2014 Q2	$59K	Sell	1,641 -95,359	-98%	-$3.61M	﹤0.01%	323
2014 Q1	$3.52M	Buy	97,000 +29,700	+44%	+$1.03M	0.2%	68
2013 Q4	$2.27M	Sell	67,300 -55,081	-45%	-$1.8M	0.14%	88
2013 Q3	$3.86M	Buy	122,381 +50,981	+71%	+$1.58M	0.25%	63
2013 Q2	$2.1M	Buy	+71,400	New	+$2.18M	0.17%	100

Other funds holding FM

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

3AM

3EDGE Asset Management Naples, Florida $2.07B AUM 16.66% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Synovus Financial Columbus, Georgia $8.74B AUM 12.78% 1-Year Est. Return

AFG

Albion Financial Group Salt Lake City, Utah $1.55B AUM 19.86% 1-Year Est. Return

BWA

Burt Wealth Advisors North Bethesda, Maryland $407M AUM 11.98% 1-Year Est. Return

UCFA

United Capital Financial Advisors Irving, Texas $16.3B AUM 16.34% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

BOTW

Bank of the West Monterey Park, California $851M AUM 15.39% 1-Year Est. Return

Forward Management's FM Position: Q1 2018 in Review

Forward Management sold out of iShares Frontier and Select EM ETF (FM) in Q1 2018, closing a stake of 20 shares — an estimated $1K sold.

Forward Management first reported a position in FM in Q2 2013 and held it in 16 quarters. The position peaked at $4.31M in Q2 2015. 146 funds tracked by Wall St. Rank hold FM as of Q1 2018.

Forward Management reported no remaining iShares Frontier and Select EM ETF position as of Q1 2018 after selling out during the quarter.
Forward Management sold 20 iShares Frontier and Select EM ETF shares in Q1 2018, an estimated $1K.
Forward Management first reported a position in iShares Frontier and Select EM ETF in Q2 2013 and held it in 16 quarters.
Forward Management's iShares Frontier and Select EM ETF position peaked at $4.31M in Q2 2015.
146 funds tracked by Wall St. Rank held iShares Frontier and Select EM ETF as of Q1 2018.

Based on Forward Management's 13F filing for Q1 2018, filed 30 Apr 2018.