Forward Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$56.1M |
| 2 |
SITE Centers
SITC
|
+$9.45M |
| 3 |
Apple Hospitality REIT
APLE
|
+$8.26M |
| 4 |
QTS.PRB
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
|
+$7.52M |
| 5 |
LXP Industrial Trust
LXP
|
+$5.68M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Homes 4 Rent
AMH
|
+$14.9M |
| 2 |
Sabra Healthcare REIT
SBRA
|
+$12.8M |
| 3 |
DigitalBridge
DBRG
|
+$11.4M |
| 4 |
CORR.PRA
CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock
CORR.PRA
|
+$11.3M |
| 5 |
Park Hotels & Resorts
PK
|
+$8.44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 20.04% |
| 2 | Technology | 2.97% |
| 3 | Financials | 2.44% |
| 4 | Industrials | 1.63% |
| 5 | Healthcare | 1.61% |
Similar funds
Forward Management's Q3 2018 Portfolio in Review
As of Q3 2018, Forward Management held 178 positions worth $591M, down 2.8% from $608M the previous quarter. Its ten largest holdings account for 62% of the portfolio.
Forward Management withdrew a net $41.6M in Q3 2018, closing 23 positions and reducing 120 holdings. Its most notable exit was CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock, an estimated $11.3M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 20% of assets, down from 26% a quarter earlier, followed by Technology and Financials.
Against the trend, Forward Management opened a new position in SITE Centers worth $9.06M.
- Forward Management's largest Q3 2018 buy was SITE Centers: 867,360 shares worth $9.06M.
- Forward Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2018, an estimated $56.1M increase.
- Forward Management's biggest Q3 2018 reduction was American Homes 4 Rent, cutting an estimated $14.9M.
- Forward Management fully exited CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock in Q3 2018, selling an estimated $11.3M.
- Forward Management's ten largest holdings make up 62% of its $591M portfolio in Q3 2018.
- Forward Management opened 10 new positions and closed 23 in Q3 2018.
- Forward Management's portfolio value fell 2.8% quarter-over-quarter to $591M.
Based on Forward Management's 13F filing for Q3 2018, filed 7 Nov 2018.