FM

Forward Management Portfolio holdings

AUM $907M
This Quarter Return
+2.67%
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
-$92.9M
Cap. Flow %
-7.87%
Top 10 Hldgs %
47.97%
Holding
297
New
31
Increased
73
Reduced
88
Closed
37

Top Buys

1
IWM icon
iShares Russell 2000 ETF
IWM
$45.5M
2
QQQ icon
Invesco QQQ Trust
QQQ
$45.3M
3
SPY icon
SPDR S&P 500 ETF Trust
SPY
$31.4M
4
SBRA icon
Sabra Healthcare REIT
SBRA
$15.4M
5
ARE.PRD
Alexandria Real Estate Equities, Inc. 7.00% Series D Cumulative Convertible Preferred Stock
ARE.PRD
$2.83M

Top Sells

1
BIL icon
SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$79.5M
2
VRE
Veris Residential
VRE
$22.6M
3
INN
Summit Hotel Properties
INN
$16.6M
4
ROIC
Retail Opportunity Investments Corp.
ROIC
$16.6M
5
CCG
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
$16M

Sector Composition

1 Real Estate 37.2%
2 Financials 3.38%
3 Consumer Staples 2.03%
4 Technology 1.77%
5 Communication Services 1.33%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
SPY icon
1
SPDR S&P 500 ETF Trust
SPY
$658B
$136M 11.54% 668,311 +154,144 +30% +$31.4M
BIL icon
2
SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$42.1B
$118M 10.01% 2,587,027 -1,739,949 -40% -$79.5M
SBRA icon
3
Sabra Healthcare REIT
SBRA
$4.58B
$48M 4.07% 2,372,976 +763,000 +47% +$15.4M
IWM icon
4
iShares Russell 2000 ETF
IWM
$67B
$45.5M 3.85% +403,671 New +$45.5M
QQQ icon
5
Invesco QQQ Trust
QQQ
$364B
$45.3M 3.84% +404,896 New +$45.3M
CLDT
6
Chatham Lodging
CLDT
$374M
$38.4M 3.25% 1,875,400 – –
FSP
7
Franklin Street Properties
FSP
$172M
$37.4M 3.17% 3,614,100 -235,300 -6% -$2.44M
STAG icon
8
STAG Industrial
STAG
$6.88B
$35.2M 2.98% 1,906,100 +28,600 +2% +$528K
NSA icon
9
National Storage Affiliates Trust
NSA
$2.47B
$34.7M 2.94% 2,026,100 -160,000 -7% -$2.74M
FCH.PRA
10
DELISTED
Felcor Lodging Tr Ser A Cum Cv
FCH.PRA
$27.5M 2.33% 1,094,238 – –
ARPI
11
DELISTED
AMERICAN RESIDENTIAL PPTYS INC COM
ARPI
$21.9M 1.86% 1,160,000 – –
CLNY
12
DELISTED
Colony Capital, Inc.
CLNY
$21.4M 1.81% 1,100,000 – –
EPR.PRE icon
13
EPR Properties 9.00% Series E Cumulative Convertible Preferred Shares
EPR.PRE
$108M
$19.8M 1.68% 644,101 – –
SIR
14
DELISTED
SELECT INCOME REIT
SIR
$19.8M 1.68% 1,000,000 – –
WPG
15
DELISTED
Washington Prime Group Inc.
WPG
$16.8M 1.42% 1,585,409 -5,486 -0.3% -$58.2K
UMH.PRA.CL
16
DELISTED
Umh Properties Inc
UMH.PRA.CL
$16.2M 1.37% 630,000 – –
RPT.PRD
17
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
$15M 1.27% 245,700 – –
LXP.PRC icon
18
LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred Stock
LXP.PRC
$90.1M
$14.4M 1.22% 303,428 – –
INN
19
Summit Hotel Properties
INN
$596M
$13.9M 1.17% 1,160,000 -1,390,000 -55% -$16.6M
MNR
20
DELISTED
Monmouth Real Estate Investment Corp
MNR
$13M 1.1% 1,240,000 – –
UBP.PRG.CL
21
DELISTED
Urstadt Biddle Properties Inc. 6.75% Series G Cumulative Redeemable Preferred Stock, liquidation pre
UBP.PRG.CL
$12M 1.01% 450,000 – –
SHO.PRD
22
DELISTED
SUNSTONE HOTEL INVESTORS, INC 8.0% SER D CUM REDM PFD
SHO.PRD
$11.7M 0.99% 461,592 +96,000 +26% +$2.43M
CCG
23
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
$11.1M 0.94% 1,637,764 -2,356,567 -59% -$16M
FUR
24
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
$11.1M 0.94% 858,037 -31,500 -4% -$409K
AHT.PRE
25
DELISTED
ASHFORD HOSPITALITY TR INC 9.00% CUM PFD SER E
AHT.PRE
$10.2M 0.86% 402,587 -107,448 -21% -$2.72M
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