Forward Management’s State Street Consumer Staples Select Sector SPDR ETF XLP Stock Holding History

Forward Management’s Portfolio XLP Stock Details XLP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-85,659	Closed	-$4.56M	–	243
2016 Q3	$4.56M	Buy	85,659 +5,185	+6%	+$282K	0.35%	47
2016 Q2	$4.44M	Sell	80,474 -6,494	-7%	-$345K	0.37%	40
2016 Q1	$4.61M	Buy	86,968 +82,287	+1,758%	+$4.18M	0.38%	39
2015 Q4	$236K	Buy	+4,681	New	+$233K	0.02%	232

Other funds holding XLP

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Citigroup New York $303B AUM 53.02% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Barclays London, United Kingdom $521B AUM 51.41% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

SGI

Swan Global Investments Durango, Colorado $3.39B AUM 20.1% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $66.2B AUM 46.3% 1-Year Est. Return

Forward Management's XLP Position: Q4 2016 in Review

Forward Management sold out of State Street Consumer Staples Select Sector SPDR ETF (XLP) in Q4 2016, closing a stake of 85,659 shares — an estimated $4.56M sold.

Forward Management first reported a position in XLP in Q4 2015 and held it in 4 quarters. The position peaked at $4.61M in Q1 2016. 483 funds tracked by Wall St. Rank hold XLP as of Q4 2016.

Forward Management reported no remaining State Street Consumer Staples Select Sector SPDR ETF position as of Q4 2016 after selling out during the quarter.
Forward Management sold 85,659 State Street Consumer Staples Select Sector SPDR ETF shares in Q4 2016, an estimated $4.56M.
Forward Management first reported a position in State Street Consumer Staples Select Sector SPDR ETF in Q4 2015 and held it in 4 quarters.
Forward Management's State Street Consumer Staples Select Sector SPDR ETF position peaked at $4.61M in Q1 2016.
483 funds tracked by Wall St. Rank held State Street Consumer Staples Select Sector SPDR ETF as of Q4 2016.

Based on Forward Management's 13F filing for Q4 2016, filed 2 Feb 2017.