Forward Management’s Sunstone Hotel Investors SHO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-117,900	Closed	-$1.47M	–	261
2015 Q4	$1.47M	Buy	+117,900	New	+$1.47M	0.12%	97
2015 Q1	–	Sell	-16,900	Closed	-$279K	–	411
2014 Q4	$279K	Buy	+16,900	New	+$279K	0.02%	282