Dark
Light
System
Institutional Investment Manager
Forward Management, LLC
Forward Management, LLC (CIK: 0001385864) incorporated in Delaware, located at 244 California Street, San Francisco, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Original 13F HR (0001085146-16-003705) filed in 2016.05.13
#
Name
Shares
Value ($)
%
Options
Notes
201 SL GREEN RLTY CORP 155,975 15,111 1.24%
202 SOUTH STATE CORP COM USD2.5 330 21 0.00%
203 SPDR S&P 500 ETF TR 706,773 145,256 11.89%
204 SPDR SERIES TRUST 2,275,298 103,958 8.51%
205 STAG INDL INC 1,923,074 39,154 3.20%
206 STANLEY BLACK &DECKER INC 8,947 941 0.08%
207 STARWOOD HOTELS & RESORTS WORLDWIDE INC COM 55,100 4,597 0.38%
208 SUMMIT HOTEL PPTYS 1,160,000 13,885 1.14%
209 SUN CMNTYS INC 16,400 1,174 0.10%
210 SUN HYDRAULICS CORP COM 20,770 689 0.06%
211 SUNCOR ENERGY INC NEW 145 4 0.00%
212 SUNSTONE HOTEL INVS INC NEW 391,183 9,787 0.80%
213 SYNGENTA AG 55 5 0.00%
214 Silvercrest Asset Management G 81,033 1,032 0.08%
215 TAIWAN SEMICONDUCTOR MFG LTD 191,652 5,021 0.41%
216 TANGER FACTORY OUTLET CTRS I 20,000 728 0.06%
217 TARGA RES CORP 14,500 433 0.04%
218 TAUBMAN CTRS INC 135,000 9,616 0.79%
219 TEXAS INSTRS INC 19,559 1,123 0.09%
220 TIME INC NEW 2,318 36 0.00%
221 TIME WARNER INC 18,202 1,321 0.11%
222 Terreno Realty Corp 14,875 349 0.03%
223 UBS GROUP AG 203,549 3,261 0.27%
224 UMH PPTYS INC 630,000 16,254 1.33%
225 UMPQUA HLDGS CORP 330 5 0.00%
226 UNILEVER PLC 71,494 3,230 0.26%
227 UNITED TECHNOLOGIES CORP 11,501 1,151 0.09%
228 URSTADT BIDDLE PPTYS INC 450,000 11,981 0.98%
229 US BANCORP DEL 28,767 1,168 0.10%
230 US Ecology Inc 385 17 0.00%
231 VANGUARD WORLD FDS 46,762 4,336 0.35%
232 VANTIV INC 21,875 1,179 0.10%
233 VARIAN MED SYS INC 10,412 833 0.07%
234 VENTAS INC 33,732 2,124 0.17%
235 VIRTU FINL INCORPORATED CLASS A 33,472 740 0.06%
236 VORNADO REALTY 34,284 3,237 0.26%
237 VanEck Vectors Vietnam ETF 89,065 1,639 0.13%
238 WAL-MART STORES INC 11,769 806 0.07%
239 WELLTOWER INC 37,300 2,586 0.21%
240 WEX INC 8,692 725 0.06%
241 WEYERHAEUSER CO 57,166 1,771 0.14%
242 WHEELER REAL ESTATE INVT TR 593,917 742 0.06%
243 WILLIAMS SONOMA INC 6,581 360 0.03%
244 WINTHROP RLTY TR 843,037 11,069 0.91%
245 WORLD FUEL SVCS CORP 270 13 0.00%
246 WP GLIMCHER IN COM 1,565,000 14,852 1.22%
247 WPP PLC NEW 44,720 5,207 0.43%
Page 5 of 5