Forward Management Portfolio holdings
Top Buys
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$97.9M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$86.9M |
| 3 |
EQC
Equity Commonwealth
EQC
|
+$7.27M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$5.11M |
| 5 |
National Storage Affiliates Trust
NSA
|
+$4.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 7.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Invesco QQQ Trust
QQQ
$466B
| $1.14M | 0.11% |
2,875
-253,567
| -99% | -$97.9M |
|
27
Equinix
EQIX
$99.5B
| $848K | 0.08% |
+1,003
| New | +$804K |
|
28
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$148M
| $793K | 0.08% |
+31,000
| New | +$801K |
|
|
AAT
29
American Assets Trust
AAT
$1.59B
| $714K | 0.07% |
19,025
| – | – |
|
|
30
National Storage Affiliates Trust
NSA
$3.53B
| $401K | 0.04% |
5,800
-79,200
| -93% | -$4.89M |
|
31
Ventas
VTR
$46.2B
| $384K | 0.04% |
+7,520
| New | +$393K |
|
32
VICI Properties
VICI
$29.9B
| $301K | 0.03% |
10,000
-115,000
| -92% | -$3.33M |
|
|
CLPR
33
Clipper Realty
CLPR
$46.9M
| – | – |
-283,423
| Closed | -$2.3M |
|
|
34
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45B
| – | – |
-256,875
| Closed | -$86.9M |
|
35
STAG Industrial
STAG
$8.04B
| – | – |
-120,000
| Closed | -$4.71M |
|
|
EQC
36
DELISTED
Equity Commonwealth
EQC
| – | – |
-280,000
| Closed | -$7.27M |
|
|
CONE
37
DELISTED
CyrusOne Inc Common Stock
CONE
| – | – |
-66,000
| Closed | -$5.11M |
|
Similar funds
Forward Management's Q4 2021 Portfolio in Review
As of Q4 2021, Forward Management held 37 positions worth $1.04B, up 11% from $936M the previous quarter. Its ten largest holdings account for 94% of the portfolio.
Forward Management deployed $63M of net new capital in Q4 2021, opening 15 new positions and adding to 8 existing holdings. Its largest new stake was RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest: 231,070 shares worth $13.6M.
By sector, the portfolio is most concentrated in Real Estate at 7.5% of assets, up from 7.3% a quarter earlier.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $97.9M trimmed.
- Forward Management's largest Q4 2021 buy was RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest: 231,070 shares worth $13.6M.
- Forward Management added most to iShares 1-3 Year Treasury Bond ETF in Q4 2021, an estimated $102M increase.
- Forward Management's biggest Q4 2021 reduction was Invesco QQQ Trust, cutting an estimated $97.9M.
- Forward Management fully exited State Street SPDR Dow Jones Industrial Average ETF Trust in Q4 2021, selling an estimated $86.9M.
- Forward Management's ten largest holdings make up 94% of its $1.04B portfolio in Q4 2021.
- Forward Management opened 15 new positions and closed 5 in Q4 2021.
- Forward Management's portfolio value rose 11% quarter-over-quarter to $1.04B.
Based on Forward Management's 13F filing for Q4 2021, filed 4 Feb 2022.