FORWARD MANAGEMENT LLC
Q4 2021 Form 13-F
SAN FRANCISCO, CALIFORNIA
CIK 0001385864
· CRD 109193
· SEC-registered investment adviser
$1.0B Reported Value Total
FORWARD MANAGEMENT, LLC reports 165 total accounts under management (AUM). There are 165 discretionary accounts valued at $758,264,419, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered
Discretionary Manager
Private funds (Form ADV)
9 funds
· $127.8M gross asset value
Hedge Fund: $127.8M
Source: Form ADV filed 2022-12-05
Reported value
$1.0B
Quarter over quarter
+4.5%
Holdings
32
Top-10 concentration
93.8%
Filing Structure
Holdings reported by
- BROADMARK ASSET MANAGEMENT LLC · Q2 2013 – Q3 2022 · declared by one filing
- FolioMetrix LLC (not a 13F filer in our records) · Q4 2014 – Q2 2015 · declared by one filing
Key People
Form ADV owners & control persons
Anjali Agarwal
CHIEF FINANCIAL OFFICER
Paul Axtell Bachtold
CHIEF COMPLIANCE OFFICER
Kristen Lindsay Bayazitoglu
CHIEF OPERATING OFFICER
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
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Q4 2021 13F record
Q4 2021 13F filing summary
| Period of report | December 31, 2021 |
|---|---|
| Filed | February 04, 2022 |
| Form | 13F-HR |
| Reported value | $1.0B |
| Positions | 32 |
| Change in reported value | +10.8% |
| New positions | 15 |
| Exited positions | 5 |
| Position turnover | 54.1% |
| Top-10 concentration | 93.8% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q4 2022 13F
Filed Jan 13, 2023
|
0 | $0 |
|
Q3 2022 13F
Filed Nov 3, 2022
|
32 | $907.1M |
|
Q2 2022 13F
Filed Aug 3, 2022
|
27 | $916.5M |
|
Q1 2022 13F
Filed May 2, 2022
|
30 | $958.9M |
|
Q4 2021 13F
Filed Feb 4, 2022
|
32 | $1.0B |
|
Q3 2021 13F
Filed Nov 5, 2021
|
22 | $936.4M |
|
Q2 2021 13F
Filed Aug 6, 2021
|
20 | $907.9M |
|
Q1 2021 13F
Filed May 10, 2021
|
23 | $494.4M |
|
Q4 2020 13F
Filed Feb 5, 2021
|
27 | $555.1M |
|
Q3 2020 13F
Filed Oct 27, 2020
|
34 | $602.8M |
|
Q2 2020 13F
Filed Aug 6, 2020
|
35 | $545.7M |
|
Q1 2020 13F
Filed May 5, 2020
|
43 | $513.4M |
|
Q4 2019 13F
Filed Feb 4, 2020
|
47 | $655.6M |
|
Q3 2019 13F
Filed Nov 6, 2019
|
50 | $656.7M |
|
Q2 2019 13F
Filed Jul 15, 2019
|
47 | $565.9M |
|
Q1 2019 13F
Filed May 1, 2019
|
45 | $672.4M |
|
Q4 2018 13F
Filed Feb 1, 2019
|
45 | $324.8M |
|
Q3 2018 13F
Filed Nov 7, 2018
|
147 | $590.6M |
|
Q2 2018 13F
Filed Aug 1, 2018
|
167 | $607.6M |
|
Q1 2018 13F
Filed Apr 30, 2018
|
187 | $685.5M |
19 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2021
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SHY ISHARES TR | $543.0M | 52.32% |
| 2 | SPY SPDR S&P 500 ETF TR | $342.3M | 32.98% |
| 3 | AOK ISHARES TR | $16.9M | 1.63% |
| 4 | RPTPRD RPT REALTY | $13.6M | 1.31% |
| 5 | LXPPRC LXP INDUSTRIAL TRUST | $13.6M | 1.31% |
| 6 | RLJPRA RLJ LODGING TR | $12.2M | 1.18% |
| 7 | EPRPRE EPR PPTYS | $10.0M | 0.96% |
| 8 | FPI FARMLAND PARTNERS INC | $7.6M | 0.73% |
| 9 | AMT AMERICAN TOWER CORP NEW | $7.5M | 0.72% |
| 10 | CCI CROWN CASTLE INTL CORP NEW | $6.3M | 0.6% |
| 11 | ACC AMERICAN CAMPUS CMNTYS INC | $6.0M | 0.58% |
| 12 | UDR UDR INC | $6.0M | 0.58% |
| 13 | WPC WP CAREY INC | $6.0M | 0.57% |
| 14 | ROIC RETAIL OPPORTUNITY INVTS COR | $5.2M | 0.5% |
| 15 | BXP BOSTON PROPERTIES INC | $5.1M | 0.49% |
| 16 | COLD AMERICOLD RLTY TR | $4.7M | 0.45% |
| 17 | SLG SL GREEN RLTY CORP | $4.5M | 0.44% |
| 18 | APLE APPLE HOSPITALITY REIT INC | $4.4M | 0.43% |
| 19 | PCH POTLATCHDELTIC CORPORATION | $4.0M | 0.39% |
| 20 | DRH DIAMONDROCK HOSPITALITY CO | $3.8M | 0.37% |
Values as reported on the Q4 2021 Form 13F. Every position is in the holdings table below.