Forward Management’s Royal Dutch Shell PLC ADS Class B RDS.B Stock Holding History

Forward Management’s Portfolio RDS.B Stock Details RDS.B Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-128	Closed	-$11K	–	422
2014 Q2	$11K	Hold	128	–	–	﹤0.01%	350
2014 Q1	$10K	Hold	128	–	–	﹤0.01%	341
2013 Q4	$10K	Hold	128	–	–	﹤0.01%	362
2013 Q3	$9K	Hold	128	–	–	﹤0.01%	361
2013 Q2	$8K	Buy	+128	New	+$8.74K	﹤0.01%	342

Other funds holding RDS.B

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

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

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

SCCM

Schafer Cullen Capital Management New York $491M AUM 41.48% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Federated Hermes Pittsburgh, Pennsylvania $61.5B AUM 30.7% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

MAA

Managed Account Advisors Jersey City, New Jersey $121B AUM 7.32% 1-Year Est. Return

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

EAM

Edge Asset Management Seattle, Washington $13.2B AUM 19.52% 1-Year Est. Return

Forward Management's RDS.B Position: Q3 2014 in Review

Forward Management sold out of Royal Dutch Shell PLC ADS Class B (RDS.B) in Q3 2014, closing a stake of 128 shares — an estimated $11K sold.

Forward Management first reported a position in RDS.B in Q2 2013 and held it in 5 quarters. The position peaked at $11K in Q2 2014. 410 funds tracked by Wall St. Rank hold RDS.B as of Q3 2014.

Forward Management reported no remaining Royal Dutch Shell PLC ADS Class B position as of Q3 2014 after selling out during the quarter.
Forward Management sold 128 Royal Dutch Shell PLC ADS Class B shares in Q3 2014, an estimated $11K.
Forward Management first reported a position in Royal Dutch Shell PLC ADS Class B in Q2 2013 and held it in 5 quarters.
Forward Management's Royal Dutch Shell PLC ADS Class B position peaked at $11K in Q2 2014.
410 funds tracked by Wall St. Rank held Royal Dutch Shell PLC ADS Class B as of Q3 2014.

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