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
+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
Cap. Flow
-$41.6M
Cap. Flow %
-7.04%
Top 10 Hldgs %
62.49%
Holding
178
New
10
Increased
8
Reduced
120
Closed
23

Top Buys

1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$56.1M
2
SITC icon
SITE Centers
SITC
+$9.45M
3
APLE icon
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 icon
LXP Industrial Trust
LXP
+$5.68M

Top Sells

1
AMH icon
American Homes 4 Rent
AMH
+$14.9M
2
SBRA icon
Sabra Healthcare REIT
SBRA
+$12.8M
3
DBRG icon
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
PK icon
Park Hotels & Resorts
PK
+$8.44M

Sector Composition

1 Real Estate 20.04%
2 Technology 2.97%
3 Financials 2.44%
4 Industrials 1.63%
5 Healthcare 1.61%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPY icon
1
State Street SPDR S&P 500 ETF Trust
SPY
$774B
$193M 32.7%
664,325
+197,003
+42% +$56.1M
BHR.PRB
2
Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
$52.7M
$47M 7.96%
2,481,315
-150,440
-6% -$2.9M
JCAP
3
DELISTED
Jernigan Capital, Inc.
JCAP
$18.4M 3.11%
952,150
-118,600
-11% -$2.26M
RLJ.PRA icon
4
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$323M
$18.3M 3.1%
704,110
– –
CLDT
5
Chatham Lodging
CLDT
$615M
$16.1M 2.73%
771,490
-1,300
-0.2% -$27.8K
LXP.PRC icon
6
LXP Industrial Trust 6.5% Series C Preferred Stock
LXP.PRC
$90M
$15.7M 2.65%
316,515
– –
EPR.PRE icon
7
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
$112M
$15.5M 2.62%
430,340
-162,892
-27% -$5.8M
RPT.PRD
8
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
$13.2M 2.24%
245,770
– –
CLPR
9
Clipper Realty
CLPR
$46.9M
$12.9M 2.18%
950,110
-52,200
-5% -$584K
SBRA icon
10
Sabra Healthcare REIT
SBRA
$5.08B
$11.6M 1.96%
500,150
-564,700
-53% -$12.8M
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
– –
STAG icon
12
STAG Industrial
STAG
$8.04B
$11.3M 1.91%
410,000
-296,118
-42% -$8.25M
ACWX icon
13
iShares MSCI ACWI ex US ETF
ACWX
$11.3B
$9.58M 1.62%
200,910
– –
SITC icon
14
SITE Centers
SITC
$232M
$9.06M 1.53%
+867,360
New +$9.45M
ACR
15
ACRES Commercial Realty
ACR
$127M
$8.89M 1.51%
270,043
-39,244
-13% -$1.32M
TCO
16
DELISTED
Taubman Centers Inc.
TCO
$8.71M 1.47%
145,535
-1,950
-1% -$120K
APLE icon
17
Apple Hospitality REIT
APLE
$3.98B
$8.13M 1.38%
+465,100
New +$8.26M
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
WHLRP
19
Wheeler Real Estate Investment Trust Preferred Stock
WHLRP
$7.21M 1.22%
388,119
– –
EPR.PRC icon
20
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$148M
$6.96M 1.18%
248,700
– –
DBRG icon
21
DigitalBridge
DBRG
$2.92B
$6.22M 1.05%
255,425
-462,636
-64% -$11.4M
LXP icon
22
LXP Industrial Trust
LXP
$3.42B
$5.39M 0.91%
+130,000
New +$5.68M
TSM icon
23
TSMC
TSM
$2.13T
$3.45M 0.58%
78,127
-29,425
-27% -$1.22M
INFY icon
24
Infosys
INFY
$46.7B
$3.16M 0.53%
310,668
-164,730
-35% -$1.68M
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
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 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.