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 (2017Q1)
Original 13F HR (0001085146-17-001097) filed in 2017.05.04
#
Name
Shares
Value ($)
%
Options
Notes
1 CONSOLIDATED TOMOKA LD CO 20,675,000 20,985 1.77%
2 CORE LABORATORIES NV 19,000,000 21,256 1.79%
3 COLONY NORTHSTAR A 2,944,398 38,012 3.21%
4 WASHINGTON PRIME GROUP NEW 2,861,487 24,867 2.10%
5 ASHFORD HOSPITALITY PRIME IN 2,800,000 55,076 4.64%
6 SPDR SERIES TRUST 2,331,948 106,593 8.99%
7 MEDEQUITIES RLTY TR INC COM 2,157,400 24,185 2.04%
8 CHATHAM LODGING TR COM 2,040,738 40,305 3.40%
9 FRANKLIN STREET PPTY CP 1,870,400 22,706 1.91%
10 DDR CORP 1,547,100 19,386 1.63%
11 New York REIT Inc 1,427,300 13,830 1.17%
12 STAG INDL INC 1,406,306 35,186 2.97%
13 RESOURCE CAPITAL CORP N/C 5/29/18 30068N105 1,396,006 13,639 1.15%
14 KITE RLTY GROUP TR 1,172,348 25,205 2.13%
15 SABRA HEALTH CARE REIT INC 1,156,825 32,310 2.72%
16 MONMOUTH REAL ESTATE INVT CO 1,152,000 16,439 1.39%
17 FELCOR LODGING TR INC PFD CV A $1.95 1,025,000 24,990 2.11%
18 AMERICAN HOMES 4 RENT CL A 925,141 21,241 1.79%
19 SPDR S&P 500 ETF TR 850,379 200,468 16.90%
20 PEAK RESORTS INC COM 796,083 4,498 0.38%
21 CLIPPER RLTY INC 740,500 9,492 0.80%
22 EPR PPTYS 644,101 23,052 1.94%
23 UMH PPTYS INC 630,000 16,292 1.37%
24 GENESIS HEALTHCARE INC 532,000 1,405 0.12%
25 Jernigan Capital Inc 525,000 12,096 1.02%
26 NATIONAL STORAGE AFFILIATES 501,036 11,975 1.01%
27 URSTADT BIDDLE PPTYS INC 450,000 11,588 0.98%
28 Lloyds Banking Group Plc 431,759 1,467 0.12%
29 CORENERGY INFRASTRUCTURE TR IN DEP SHS REPSTG 400,000 10,100 0.85%
30 AMBEV SA 398,936 2,298 0.19%
31 WHEELER REAL ESTATE INVT TR 390,000 9,399 0.79%
32 ASHFORD HOSPITALITY PRIME IN 376,000 3,990 0.34%
33 POWERSHARES QQQ TRUST 363,388 48,105 4.06%
34 FARMLAND PARTNERS INC 342,500 3,827 0.32%
35 FelCor Lodging Trust Inc 321,200 2,413 0.20%
36 LEXINGTON REALTY TRUST 316,455 15,902 1.34%
37 CHINA YUCHAI INTL LTD 306,325 5,281 0.45%
38 TAUBMAN CTRS INC 254,650 16,812 1.42%
39 EPR PPTYS 248,700 7,133 0.60%
40 RAMCO-GERSHENSON PPTYS TR 245,700 13,317 1.12%
41 INFOSYS LTD 235,369 3,718 0.31%
42 BELMOND LTD 203,800 2,466 0.21%
43 WHEELER REAL ESTATE INVT TR 200,000 5,202 0.44%
44 PARAMOUNT GROUP INC COM 195,400 3,168 0.27%
45 URSTADT BIDDLE PPTYS INC CL A 192,100 3,950 0.33%
46 BROOKDALE SR LIVING INC 190,700 2,561 0.22%
47 SELECT SECTOR SPDR TR 175,515 4,165 0.35%
48 SHAW COMMUNICATIONS INC 175,454 3,669 0.31%
49 AMERICAN ASSETS TR INC COM 164,200 6,870 0.58%
50 UBS GROUP AG 152,063 2,425 0.20%
Page 1 of 4