We are live on ! Find out more
FM

Forward Management Portfolio holdings

AUM $907M
1-Year Est. Return 0.46%
This Fund
S&P 500
This Quarter Est. Return
-4.89%
1 Year Est. Return
+0.46%
3 Year Est. Return
+36.88%
5 Year Est. Return
+52.96%
10 Year Est. Return
–
AUM
$1.24B
AUM Growth
-$384M
Cap. Flow
-$310M
Cap. Flow %
-24.91%
Top 10 Hldgs %
44.86%
Holding
338
New
24
Increased
36
Reduced
146
Closed
72

Top Buys

1
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$60.7M
2
WPC icon
W.P. Carey
WPC
+$19.9M
3
BMR
BIOMED REALTY TRUST INC
BMR
+$12M
4
CLNY.PRC
Colony Capital, Inc
CLNY.PRC
+$9.4M
5
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
+$6.32M

Top Sells

1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$171M
2
VER
VEREIT, Inc.
VER
+$27.1M
3
LPT
Liberty Property Trust
LPT
+$21.1M
4
DLR icon
Digital Realty Trust
DLR
+$18.9M
5
TSRE
TRADE STREET RESIDENTIAL, INC. COMMON STOCK
TSRE
+$18.4M

Sector Composition

1 Real Estate 43.28%
2 Financials 3%
3 Consumer Staples 1.94%
4 Technology 1.46%
5 Healthcare 1.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BIL icon
1
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
$198M 15.91%
2,163,488
+663,615
+44% +$60.7M
SPY icon
2
State Street SPDR S&P 500 ETF Trust
SPY
$774B
$98.5M 7.93%
514,167
-840,815
-62% -$171M
FSP
3
Franklin Street Properties
FSP
$49.7M
$41.4M 3.33%
3,849,400
+250,000
+7% +$2.79M
CLDT
4
Chatham Lodging
CLDT
$615M
$40.3M 3.24%
1,875,400
+25,400
+1% +$630K
SBRA icon
5
Sabra Healthcare REIT
SBRA
$5.08B
$37.3M 3%
1,609,976
-25,024
-2% -$639K
STAG icon
6
STAG Industrial
STAG
$8.04B
$34.2M 2.75%
1,877,500
-222
-0% -$4.18K
INN
7
Summit Hotel Properties
INN
$716M
$29.8M 2.39%
2,550,000
-300,000
-11% -$3.83M
NSA icon
8
National Storage Affiliates Trust
NSA
$3.53B
$29.6M 2.38%
2,186,100
-52,900
-2% -$678K
FCH.PRA
9
DELISTED
Felcor Lodging Tr Ser A Cum Cv
FCH.PRA
$27.2M 2.19%
1,094,238
– –
CLNY
10
DELISTED
Colony Capital, Inc.
CLNY
$21.5M 1.73%
1,100,000
– –
CCG
11
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
$21.3M 1.71%
3,994,331
+500
+0% +$2.75K
ROIC
12
DELISTED
Retail Opportunity Investments Corp.
ROIC
$20.9M 1.68%
1,265,000
+95,000
+8% +$1.57M
ARPI
13
DELISTED
AMERICAN RESIDENTIAL PPTYS INC COM
ARPI
$20M 1.61%
1,160,000
– –
EPR.PRE icon
14
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
$112M
$19.7M 1.59%
644,101
– –
WPC icon
15
W.P. Carey
WPC
$16.7B
$19.4M 1.56%
+342,035
New +$19.9M
VRE
16
DELISTED
Veris Residential
VRE
$19.2M 1.54%
1,015,300
-645,000
-39% -$12.7M
SIR
17
DELISTED
SELECT INCOME REIT
SIR
$19M 1.53%
2,275,000
– –
WPG
18
DELISTED
Washington Prime Group Inc.
WPG
$18.6M 1.49%
176,766
-81,667
-32% -$9.49M
UMH.PRA.CL
19
DELISTED
Umh Properties Inc
UMH.PRA.CL
$16.2M 1.3%
630,000
– –
LXP.PRC icon
20
LXP Industrial Trust 6.5% Series C Preferred Stock
LXP.PRC
$90M
$14.4M 1.16%
303,428
– –
KRG icon
21
Kite Realty
KRG
$5.99B
$14.3M 1.15%
600,000
– –
RPT.PRD
22
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
$13.7M 1.1%
245,700
– –
AHT.PRE
23
DELISTED
ASHFORD HOSPITALITY TR INC 9.00% CUM PFD SER E
AHT.PRE
$13.1M 1.06%
510,035
-86,828
-15% -$2.28M
FUR
24
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
$12.8M 1.03%
889,537
-7,500
-0.8% -$110K
BMR
25
DELISTED
BIOMED REALTY TRUST INC
BMR
$12.5M 1%
623,350
+600,000
+2,570% +$12M
1
2 3 4 5

Similar funds

B
Brightworth Atlanta, Georgia $933M AUM 15.08% 1-Year Est. Return
BO
BRR OpCo Columbus, Ohio $814M AUM 9.75% 1-Year Est. Return
PS
Portfolio Solutions Royal Oak, Michigan $792M AUM 18.53% 1-Year Est. Return
CGM
Capital Growth Management Boston, Massachusetts $761M AUM 30.71% 1-Year Est. Return
CL
CPWM LLC Seattle, Washington $1.06B AUM 14.49% 1-Year Est. Return
AEPI
AH Equity Partners III Menlo Park, California $744M AUM 69.58% 1-Year Est. Return
AIL
AGF Investments LLC Toronto, Ontario, Canada $1.09B AUM 10.57% 1-Year Est. Return
H6H
Hightower 6M Holding Wichita, Kansas $1.11B AUM

Forward Management's Q3 2015 Portfolio in Review

As of Q3 2015, Forward Management held 338 positions worth $1.24B, down 24% from $1.63B the previous quarter. Its ten largest holdings account for 45% of the portfolio.

Forward Management withdrew a net $310M in Q3 2015, closing 72 positions and reducing 146 holdings. Its most notable exit was TRADE STREET RESIDENTIAL, INC. COMMON STOCK, an estimated $18.4M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 43% of assets, up from 38% a quarter earlier, followed by Financials and Consumer Staples.

Against the trend, Forward Management opened a new position in W.P. Carey worth $19.4M.

  • Forward Management's largest Q3 2015 buy was W.P. Carey: 342,035 shares worth $19.4M.
  • Forward Management added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q3 2015, an estimated $60.7M increase.
  • Forward Management's biggest Q3 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $171M.
  • Forward Management fully exited TRADE STREET RESIDENTIAL, INC. COMMON STOCK in Q3 2015, selling an estimated $18.4M.
  • Forward Management's ten largest holdings make up 45% of its $1.24B portfolio in Q3 2015.
  • Forward Management opened 24 new positions and closed 72 in Q3 2015.
  • Forward Management's portfolio value fell 24% quarter-over-quarter to $1.24B.

Based on Forward Management's 13F filing for Q3 2015, filed 9 Nov 2015.