We are live on !
Find out more
Forward Management Portfolio holdings
AUM
$907M
Turnover
36.11%
1-Year Est. Return
0.46%
This Fund
S&P 500
This Quarter Est. Return
+5.05%
1 Year Est. Return
+0.46%
3 Year Est. Return
+36.88%
5 Year Est. Return
+52.96%
10 Year Est. Return
–
AUM
$591M
AUM Growth
-$17M
(-2.8%)
Cap. Flow
-$41.6M
Cap. Flow % of AUM
Cap. Flow %
-7.04%
Top 10 Holdings %
Top 10 Hldgs %
62.49%
Holding
178
New
10
Increased
8
Reduced
120
Closed
23
Avg Time Held
3.2
years
Top 10 Avg Time Held
0.9
years
Top 20 Avg Time Held
1.8
years
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 | Miscellaneous | 65.21% |
| 2 | Real Estate | 21.61% |
| 3 | Technology | 3.08% |
| 4 | Financials | 2.49% |
| 5 | Healthcare | 1.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
State Street SPDR S&P 500 ETF Trust
SPY
$803B
| $193M | 32.7% |
664,325
+197,003
| +42% | +$56.1M |
2013 Q2
21 quarters
|
|
2
Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
$51.4M
| $47M | 7.96% |
2,481,315
-150,440
| -6% | -$2.9M |
2018 Q2
1 quarter
|
|
3
DELISTED
Jernigan Capital, Inc.
JCAP
| $18.4M | 3.11% |
952,150
-118,600
| -11% | -$2.26M |
2016 Q4
7 quarters
|
|
4
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$314M
| $18.3M | 3.1% |
704,110
| – | – |
2017 Q4
3 quarters
|
|
5
Chatham Lodging
CLDT
$755M
| $16.1M | 2.73% |
771,490
-1,300
| -0.2% | -$27.8K |
2013 Q2
21 quarters
|
|
|
6
DELISTED
LXP Industrial Trust 6.5% Series C Preferred Stock
LXP.PRC
| $15.7M | 2.65% |
316,515
| – | – |
2013 Q2
21 quarters
|
|
7
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
$104M
| $15.5M | 2.62% |
430,340
-162,892
| -27% | -$5.8M |
2013 Q2
21 quarters
|
|
8
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| $13.2M | 2.24% |
245,770
| – | – |
2013 Q2
21 quarters
|
|
9
Clipper Realty
CLPR
$53.8M
| $12.9M | 2.18% |
950,110
-52,200
| -5% | -$584K |
2017 Q1
6 quarters
|
|
|
10
Sabra Healthcare REIT
SBRA
$5.39B
| $11.6M | 1.96% |
500,150
-564,700
| -53% | -$12.8M |
2013 Q2
21 quarters
|
|
|
UBP.PRG.CL
11
DELISTED
Urstadt Biddle Properties Inc. 6.75% Series G Cumulative Redeemable Preferred Stock, liquidation pre
UBP.PRG.CL
| $11.4M | 1.93% |
450,080
| – | – |
2014 Q4
15 quarters
|
|
12
STAG Industrial
STAG
$7.13B
| $11.3M | 1.91% |
410,000
-296,118
| -42% | -$8.25M |
2013 Q2
21 quarters
|
|
13
iShares MSCI ACWI ex US ETF
ACWX
$17.9B
| $9.6M | 1.62% |
200,910
| – | – |
2014 Q4
15 quarters
|
|
|
14
SITE Centers
SITC
$36.5M
| $9.06M | 1.53% |
+867,360
| New | +$9.45M |
2018 Q3
0 quarters
|
|
15
ACRES Commercial Realty
ACR
$130M
| $8.9M | 1.51% |
270,043
-39,244
| -13% | -$1.32M |
2018 Q2
1 quarter
|
|
|
TCO
16
DELISTED
Taubman Centers Inc.
TCO
| $8.71M | 1.47% |
145,535
-1,950
| -1% | -$120K |
2016 Q1
10 quarters
|
|
|
17
Apple Hospitality REIT
APLE
$4.6B
| $8.13M | 1.38% |
+465,100
| New | +$8.26M |
2018 Q3
0 quarters
|
|
|
QTS.PRB
18
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
| $7.39M | 1.25% |
+70,000
| New | +$7.52M |
2018 Q3
0 quarters
|
|
19
Wheeler Real Estate Investment Trust Preferred Stock
WHLRP
| $7.21M | 1.22% |
388,119
| – | – |
2016 Q3
8 quarters
|
|
|
20
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$143M
| $6.96M | 1.18% |
248,700
| – | – |
2013 Q2
21 quarters
|
|
|
21
DELISTED
DigitalBridge
DBRG
| $6.22M | 1.05% |
255,425
-462,636
| -64% | -$11.4M |
2017 Q1
6 quarters
|
|
|
22
DELISTED
LXP Industrial Trust
LXP
| $5.4M | 0.91% |
+130,000
| New | +$5.68M |
2018 Q3
0 quarters
|
|
23
TSMC
TSM
$2.1T
| $3.45M | 0.58% |
78,127
-29,425
| -27% | -$1.22M |
2013 Q2
21 quarters
|
|
24
Infosys
INFY
$49.8B
| $3.16M | 0.53% |
310,668
-164,730
| -35% | -$1.68M |
2016 Q3
8 quarters
|
|
|
LMRKN
25
DELISTED
Landmark Infrastructure Partners LP 7% Series C Fltg/Fxd Perpetual Conv Preferred Stock
LMRKN
| $2.52M | 0.43% |
109,335
-15,235
| -12% | -$352K |
2018 Q2
1 quarter
|
|
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 Miscellaneous at 65% of assets, up from 54% a quarter earlier, followed by Real Estate and Technology.
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.