Forward Management’s ProShares UltraShort S&P500 SDS Stock Holding History

Forward Management’s Portfolio SDS Stock Details SDS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q4	–	Sell	-919	Closed	-$366K	–	36
2020 Q3	$366K	Buy	+919	New	+$384K	0.06%	30
2020 Q2	–	Sell	-11	Closed	-$8K	–	45
2020 Q1	$8K	Buy	+11	New	+$7.48K	﹤0.01%	41
2019 Q1	–	Sell	-36,849	Closed	-$39.5M	–	47
2018 Q4	$39.5M	Buy	+36,849	New	+$35.2M	12.17%	2

Other funds holding SDS

IMC Chicago Chicago, Illinois $419B AUM 72.04% 1-Year Est. Return

Citadel Advisors Miami, Florida $875B AUM 40.91% 1-Year Est. Return

GIM

Guild Investment Management Los Angeles, California $146M AUM 22.78% 1-Year Est. Return

IAN

Integrated Advisors Network Dallas, Texas $2.18B AUM 30.3% 1-Year Est. Return

Advisor OS Chicago, Illinois $1.5B AUM 21.75% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $4.08B AUM 58.77% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $11.1B AUM 41.79% 1-Year Est. Return

JWS

Juncture Wealth Strategies Scottsdale, Arizona $384M AUM 27.62% 1-Year Est. Return

DRW Securities Chicago, Illinois $4.11B AUM 21.98% 1-Year Est. Return

BFIC

Bedell Frazier Investment Counselling Walnut Creek, California $495M AUM 29.32% 1-Year Est. Return

Forward Management's SDS Position: Q4 2020 in Review

Forward Management sold out of ProShares UltraShort S&P500 (SDS) in Q4 2020, closing a stake of 919 shares — an estimated $366K sold.

Forward Management first reported a position in SDS in Q4 2018 and held it in 3 quarters. The position peaked at $39.5M in Q4 2018. 74 funds tracked by Wall St. Rank hold SDS as of Q4 2020.

Forward Management reported no remaining ProShares UltraShort S&P500 position as of Q4 2020 after selling out during the quarter.
Forward Management sold 919 ProShares UltraShort S&P500 shares in Q4 2020, an estimated $366K.
Forward Management first reported a position in ProShares UltraShort S&P500 in Q4 2018 and held it in 3 quarters.
Forward Management's ProShares UltraShort S&P500 position peaked at $39.5M in Q4 2018.
74 funds tracked by Wall St. Rank held ProShares UltraShort S&P500 as of Q4 2020.

Based on Forward Management's 13F filing for Q4 2020, filed 5 Feb 2021.