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Forward Management, LLC

SEC CIK
0001385864
Latest filing
Jan 13, 2023

Holdings in Q4 2021

Holdings as of Dec 31, 2021, filed Feb 4, 2022. Long positions only; changes compare share counts with Q3 2021.

Institution overview
Positions
32
+10 vs. Q3 2021
Portfolio value
$1.04B
+$101.4M (+10.8%) vs. Q3 2021
Filed
Feb 4, 2022
SEC
Holdings of Forward Management, LLC in Q4 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Tr4642874571 3 YR TREAS BD6,347,827$543.0M52.3%+1,189,171+23.1%Added–
SPYSPDR S&P 500 ETF TrustETF720,647$342.3M33.0%+187,419+35.1%AddedHistory
iShares Tr464289883CORE 30 70 ETF421,984$16.9M1.6%+270,426+178.4%Added–
Ramco-Gershenson Properties Trust74971D200PERP PFD-D CV231,070$13.6M1.3%+231,070New–
LXP.PCLXP Industrial TrustPREFERRED218,560$13.6M1.3%+218,560NewHistory
RLJ.PARLJ Lodging TrustCUM CONV PFD A425,140$12.2M1.2%+425,140NewHistory
EPR.PEEpr PropertiesCONV PFD 9% SR E280,110$10.0M1.0%+280,110NewHistory
FPIFarmland Partners Inc.COM635,542$7.59M0.7%+635,542NewHistory
AMTAmerican Tower CorpREIT25,600$7.49M0.7%+600+2.4%AddedHistory
CCICrown Castle Inc.REIT30,000$6.26M0.6%+30,000NewHistory
ACCAmerican Campus Communities IncCOM105,000$6.01M0.6%+5,000+5.0%AddedHistory
UDRUDR, Inc.COM100,000$6.00M0.6%+100,000NewHistory
WPCW. P. Carey Inc.COM72,600$5.96M0.6%−30,200−29.4%ReducedHistory
ROICRetail Opportunity Investments CorpCOM267,200$5.24M0.5%+75,100+39.1%AddedHistory
BXPBXP, Inc.COM44,520$5.13M0.5%+2,000+4.7%AddedHistory
COLDAmericold Realty TrustCOM143,439$4.70M0.5%+143,439NewHistory
SLGSL Green Realty CorpCOM63,039$4.52M0.4%−7,000−10.0%ReducedHistory
APLEApple Hospitality REIT, Inc.REIT275,000$4.44M0.4%−55,000−16.7%ReducedHistory
PCHPotlatchdeltic CorpCOM66,400$4.00M0.4%−37,600−36.2%ReducedHistory
DRHDiamondRock Hospitality CoCOM396,000$3.81M0.4%+5,000+1.3%AddedHistory
VNOVornado Realty TrustSH BEN INT85,000$3.56M0.3%−15,000−15.0%ReducedHistory
CTTCatchMark Timber Trust, Inc.CL A366,685$3.19M0.3%+366,685NewHistory
AREAlexandria Real Estate Equities, Inc.COM5,715$1.27M0.1%+5,715NewHistory
FRTFederal Realty Investment TrustSH BEN INT NEW9,020$1.23M0.1%+9,020NewHistory
AVBAvalonbay Communities IncCOM4,810$1.22M0.1%+4,810NewHistory
Invesco QQQ Trust Series I46090E103ETF2,875$1.14M0.1%−253,567−98.9%Reduced–
EQIXEquinix IncCOM1,003$848.0K0.1%+1,003NewHistory
EPR.PCEpr PropertiesPFD C CV 5.75%31,000$793.0K0.1%+31,000NewHistory
AATAmerican Assets Trust, Inc.COM19,025$714.0K0.1%00.0%UnchangedHistory
NSANational Storage Affiliates TrustCOM SHS BEN IN5,800$401.0K<0.1%−79,200−93.2%ReducedHistory
VTRVentas, Inc.REIT7,520$384.0K<0.1%+7,520NewHistory
VICIVici Properties Inc.COM10,000$301.0K<0.1%−115,000−92.0%ReducedHistory

Sold out since Q3 2021 (5)

Positions held at the end of Q3 2021 that are gone from this filing.

Positions of Forward Management, LLC sold out since Q3 2021
SecurityClassShares in Q3 2021Value in Q3 2021% of portfolio in Q3 2021History
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 1256,875$86.9M9.3%History
EQCEQC Liquidating TrustCOM SH BEN INT280,000$7.27M0.8%History
CONECyrusOne Holdco LLCCOM66,000$5.11M0.5%History
STAGSTAG Industrial, Inc.COM120,000$4.71M0.5%History
CLPRClipper Realty Inc.COM283,423$2.30M0.2%History