Forward Management’s iShares Russell 2000 ETF IWM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-398,663	Closed	-$66M	–	48
2019 Q4	$66M	Buy	398,663 +398,515	+269,267%	+$63M	10.07%	4
2019 Q3	$22K	Buy	+148	New	+$22.6K	﹤0.01%	48
2018 Q1	–	Sell	-223,457	Closed	-$34.1M	–	214
2017 Q4	$34.1M	Sell	223,457 -4,793	-2%	-$720K	3.84%	4
2017 Q3	$33.8M	Buy	228,250 +227,845	+56,258%	+$32.1M	3.79%	5
2017 Q2	$57K	Buy	+405	New	+$56.1K	﹤0.01%	194
2017 Q1	–	Sell	-914,030	Closed	-$123M	–	194
2016 Q4	$123M	Buy	914,030 +498,077	+120%	+$63.6M	8.6%	1
2016 Q3	$51.7M	Buy	+415,953	New	+$50.6M	3.92%	5
2016 Q1	–	Sell	-403,671	Closed	-$45.5M	–	253
2015 Q4	$45.5M	Buy	+403,671	New	+$46.6M	3.85%	4
2015 Q2	–	Sell	-1,336,456	Closed	-$166M	–	346
2015 Q1	$166M	Buy	+1,336,456	New	+$161M	9.96%	1
2014 Q2	–	Sell	-1,604	Closed	-$187K	–	366
2014 Q1	$187K	Sell	1,604 -605,124	-100%	-$69.8M	0.01%	292
2013 Q4	$70.1M	Buy	+606,728	New	+$67M	4.26%	3