Forward Management’s PS Business Parks, Inc. PSB Stock Holding History

Forward Management’s Portfolio PSB Stock Details PSB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-7,500	Closed	-$626K	–	420
2014 Q2	$626K	Hold	7,500	–	–	0.04%	202
2014 Q1	$627K	Buy	7,500 +5,000	+200%	+$403K	0.04%	200
2013 Q4	$191K	Hold	2,500	–	–	0.01%	304
2013 Q3	$187K	Hold	2,500	–	–	0.01%	306
2013 Q2	$180K	Buy	+2,500	New	+$194K	0.01%	311

Other funds holding PSB

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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

BFA

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

BIT

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

WHG

Westwood Holdings Group Dallas, Texas $13.7B AUM 21.48% 1-Year Est. Return

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

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

Forward Management's PSB Position: Q3 2014 in Review

Forward Management sold out of PS Business Parks, Inc. (PSB) in Q3 2014, closing a stake of 7,500 shares — an estimated $626K sold.

Forward Management first reported a position in PSB in Q2 2013 and held it in 5 quarters. The position peaked at $627K in Q1 2014. 164 funds tracked by Wall St. Rank hold PSB as of Q3 2014.

Forward Management reported no remaining PS Business Parks, Inc. position as of Q3 2014 after selling out during the quarter.
Forward Management sold 7,500 PS Business Parks, Inc. shares in Q3 2014, an estimated $626K.
Forward Management first reported a position in PS Business Parks, Inc. in Q2 2013 and held it in 5 quarters.
Forward Management's PS Business Parks, Inc. position peaked at $627K in Q1 2014.
164 funds tracked by Wall St. Rank held PS Business Parks, Inc. as of Q3 2014.

Based on Forward Management's 13F filing for Q3 2014, filed 12 Nov 2014.