FM

Forward Management Portfolio holdings

AUM $907M
This Quarter Return
-0.02%
1 Year Return
+0.46%
3 Year Return
+36.86%
5 Year Return
+53.05%
10 Year Return
–
AUM
$1.18B
AUM Growth
+$1.18B
Cap. Flow
-$13.2M
Cap. Flow %
-1.12%
Top 10 Hldgs %
49.46%
Holding
226
New
43
Increased
54
Reduced
70
Closed
10

Top Buys

1
DIA icon
SPDR Dow Jones Industrial Average ETF Trust
DIA
$50.3M
2
CBL
CBL& Associates Properties, Inc.
CBL
$25.2M
3
JCAP
Jernigan Capital, Inc.
JCAP
$20.1M
4
GOV
Government Properties Income Trust
GOV
$19.2M
5
BIL icon
SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$17.9M

Top Sells

1
SPY icon
SPDR S&P 500 ETF Trust
SPY
$54.8M
2
QQQ icon
Invesco QQQ Trust
QQQ
$44.4M
3
STAG icon
STAG Industrial
STAG
$16.5M
4
MNR
Monmouth Real Estate Investment Corp
MNR
$16.4M
5
AMH icon
American Homes 4 Rent
AMH
$15.4M

Sector Composition

1 Real Estate 33.61%
2 Financials 4.91%
3 Healthcare 1.33%
4 Technology 1.3%
5 Communication Services 1.12%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
UBP.PRG.CL
26
DELISTED
Urstadt Biddle Properties Inc. 6.75% Series G Cumulative Redeemable Preferred Stock, liquidation pre
UBP.PRG.CL
$11.9M 1.01%
450,000
– –
WHLRP
27
Wheeler Real Estate Investment Trust, Inc. Preferred Stock
WHLRP
$3.62M
$8.72M 0.74%
390,000
– –
EPR.PRC icon
28
EPR Properties 5.75% Series C Cumulative Convertible Preferred Shares
EPR.PRC
$132M
$7.13M 0.61%
248,700
– –
NYRT
29
DELISTED
New York REIT, Inc.
NYRT
$7.01M 0.6%
811,200
-616,100
-43% -$5.32M
EZU icon
30
iShare MSCI Eurozone ETF
EZU
$7.87B
$5.66M 0.48%
+140,255
New +$5.66M
QQQ icon
31
Invesco QQQ Trust
QQQ
$364B
$5.62M 0.48%
40,860
-322,528
-89% -$44.4M
AMH icon
32
American Homes 4 Rent
AMH
$13.3B
$5.51M 0.47%
244,276
-680,865
-74% -$15.4M
HEDJ icon
33
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.8B
$5.37M 0.46%
+86,109
New +$5.37M
NSA icon
34
National Storage Affiliates Trust
NSA
$2.47B
$5.09M 0.43%
220,136
-280,900
-56% -$6.49M
SLB icon
35
Schlumberger
SLB
$55B
$5.07M 0.43%
74,051
-4,554
-6% -$312K
CYD icon
36
China Yuchai International
CYD
$1.25B
$4.78M 0.41%
282,287
-24,038
-8% -$407K
WHLRD
37
Wheeler Real Estate Investment Trust, Inc. Series D Cumulative Preferred Stock
WHLRD
$63M
$4.61M 0.39%
200,000
– –
LQ
38
DELISTED
La Quinta Holdings Inc.
LQ
$4.47M 0.38%
+302,900
New +$4.47M
ACWX icon
39
iShares MSCI ACWI ex US ETF
ACWX
$6.63B
$4.37M 0.37%
101,110
– –
VIS icon
40
Vanguard Industrials ETF
VIS
$6.14B
$4.24M 0.36%
33,010
-858
-3% -$110K
SAFE
41
DELISTED
Safehold Inc.
SAFE
$4.21M 0.36%
+220,000
New +$4.21M
VGT icon
42
Vanguard Information Technology ETF
VGT
$99.7B
$4.21M 0.36%
29,905
-997
-3% -$140K
XLF icon
43
Financial Select Sector SPDR Fund
XLF
$54.1B
$4.21M 0.36%
170,701
-4,814
-3% -$119K
XLY icon
44
Consumer Discretionary Select Sector SPDR Fund
XLY
$23.2B
$4M 0.34%
+44,606
New +$4M
TSM icon
45
TSMC
TSM
$1.2T
$3.81M 0.32%
108,866
-18,054
-14% -$631K
ARE.PRD
46
DELISTED
Alexandria Real Estate Equities, Inc. 7.00% Series D Cumulative Convertible Preferred Stock
ARE.PRD
$3.78M 0.32%
102,798
– –
BHR
47
Braemar Hotels & Resorts
BHR
$188M
$3.78M 0.32%
366,800
-9,200
-2% -$94.7K
SJR
48
DELISTED
Shaw Communications Inc.
SJR
$3.49M 0.3%
160,382
-15,072
-9% -$328K
WY icon
49
Weyerhaeuser
WY
$18.7B
$3.31M 0.28%
98,800
-7,600
-7% -$255K
AVB icon
50
AvalonBay Communities
AVB
$27.9B
$3.21M 0.27%
16,700
-1,300
-7% -$250K
1
2
3 4 5