Forward Management’s Hecla Mining HL Stock Holding History

Forward Management’s Portfolio HL Stock Details HL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-250,000	Closed	-$658K	–	281
2015 Q2	$658K	Hold	250,000	–	–	0.04%	232
2015 Q1	$745K	Hold	250,000	–	–	0.04%	205
2014 Q4	$698K	Hold	250,000	–	–	0.04%	196
2014 Q3	$620K	Sell	250,000 -5,000	-2%	-$15.6K	0.04%	208
2014 Q2	$880K	Buy	255,000 +5,000	+2%	+$15.3K	0.05%	166
2014 Q1	$768K	Hold	250,000	–	–	0.04%	177
2013 Q4	$770K	Hold	250,000	–	–	0.05%	172
2013 Q3	$785K	Hold	250,000	–	–	0.05%	171
2013 Q2	$745K	Buy	+250,000	New	+$848K	0.06%	168

Other funds holding HL

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

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

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

VFA

Virtus Fund Advisers Hartford, Connecticut $32.1M AUM 39.5% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 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

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

VOYA Investment Management Atlanta, Georgia $116B AUM 61.47% 1-Year Est. Return

Forward Management's HL Position: Q3 2015 in Review

Forward Management sold out of Hecla Mining (HL) in Q3 2015, closing a stake of 250,000 shares — an estimated $658K sold.

Forward Management first reported a position in HL in Q2 2013 and held it in 9 quarters. The position peaked at $880K in Q2 2014. 172 funds tracked by Wall St. Rank hold HL as of Q3 2015.

Forward Management reported no remaining Hecla Mining position as of Q3 2015 after selling out during the quarter.
Forward Management sold 250,000 Hecla Mining shares in Q3 2015, an estimated $658K.
Forward Management first reported a position in Hecla Mining in Q2 2013 and held it in 9 quarters.
Forward Management's Hecla Mining position peaked at $880K in Q2 2014.
172 funds tracked by Wall St. Rank held Hecla Mining as of Q3 2015.

Based on Forward Management's 13F filing for Q3 2015, filed 9 Nov 2015.