FORWARD MANAGEMENT, LLC Information

101 CALIFORNIA STREET, 16TH FLOOR, SAN FRANCISCO, California, 94111, (415) 869-6300

Report Date: 06/30/2014

Position Statistics

Total Positions 397
New Positions 54
Increased Positions 151
Decreased Positions 149
Positions with Activity 300
Sold Out Positions 42
Total Mkt Value (in $ millions) 1,763

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.55%
Capital Goods 2.23%
Conglomerates 1.65%
Consumer Cyclical 0.14%
Consumer/Non-Cyclical 0.76%
Energy 1.78%
Financial 40.57%
Healthcare 4.68%
Services 42.47%
Technology 1.66%
Transportation 0.28%
Utilities 0.34%

397 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SPDR S&P 500 ETF TR TR UNIT 495,322 65,426 15.22 2,467,848
SPDR SERIES TRUST BRCLYS 1-3MT ETF 100,129 -77,254 (43.55) 2,188,136
STAG INDL INC COM 53,344 1,915 3.72 2,276,745
TAUBMAN CTRS INC COM 34,809 -38 (0.11) 456,995
MACK CALI RLTY CORP COM 34,445 3,206 10.26 1,629,357
CAMPUS CREST CMNTYS INC COM 32,464 -4,373 (11.87) 3,949,331
CHATHAM LODGING TR COM 32,368 New 1,400,000
SUMMIT HOTEL PPTYS COM 31,777 -823 (2.53) 2,902,000
FELCOR LODGING TR INC PFD CV A $1.95 28,605 New 1,132,888
ASSOCIATED ESTATES RLTY CORP COM 27,870 -37 (0.13) 1,506,500
HEALTHCARE RLTY TR COM 27,456 New 1,100,000
W P CAREY INC COM 27,023 6,395 31.00 395,774
SABRA HEALTH CARE REIT INC COM 26,110 1,902 7.86 916,779
FRANKLIN STREET PPTYS CORP COM 26,054 6,627 34.11 2,144,400
AMREIT INC NEW CL B 23,851 New 1,023,639
EXCEL TR INC COM 21,689 3,303 17.96 1,676,148
EPR PPTYS CONV PFD 9% SR E 20,225 New 644,101
TRADE STR RESIDENTIAL INC COM NEW 19,570 520 2.73 2,787,693
SUNSTONE HOTEL INVS INC NEW CV 8% CUM PFD-D 19,398 New 727,592
ASHFORD HOSPITALITY TR INC 9% CUM PFD SER E 18,850 New 683,000