0001085146-17-002182.txt : 20171102 0001085146-17-002182.hdr.sgml : 20171102 20171102074517 ACCESSION NUMBER: 0001085146-17-002182 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170930 FILED AS OF DATE: 20171102 DATE AS OF CHANGE: 20171102 EFFECTIVENESS DATE: 20171102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Forward Management, LLC CENTRAL INDEX KEY: 0001385864 IRS NUMBER: 943310130 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12088 FILM NUMBER: 171170765 BUSINESS ADDRESS: STREET 1: 101 CALIFORNIA STREET, 16TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 415-869-6300 MAIL ADDRESS: STREET 1: 101 CALIFORNIA STREET, 16TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001385864 XXXXXXXX 09-30-2017 09-30-2017 Forward Management, LLC

101 CALIFORNIA STREET, 16TH FLOOR SAN FRANCISCO CA 94111

13F COMBINATION REPORT 028-12088 0001095952 028-06435 BROADMARK ASSET MANAGEMENT LLC 0001291274 028-11664 PICTET ASSET MANAGEMENT LTD N Paul A. Bachtold 415 869-6300 /s/ Paul A. Bachtold San Francisco CA 11-01-2017 0 208 893107 false INFORMATION TABLE 2 form13fInfoTable.xml DESCRIPTION FOR INFORMATION TABLE 3M COCOM88579Y10118378756SHSOLE 875600ACADIA RLTY TRCOM SH BEN INT004239109256889700SHSOLE 8970000ACCENTURE PLC IRELANDSHS CLASS AG1151C1017785757SHSOLE 575700ACUITY BRANDS INCCOM00508Y1022761609SHSOLE 160900ALEXANDER & BALDWIN INC NEWCOM014491104181639200SHSOLE 3920000ALEXANDRIA REAL ESTATE EQ INCOM015271109212917900SHSOLE 1790000ALEXANDRIA REAL ESTATE EQ INPFD CONV SER D0152715053675102798SHSOLE 10279800AMBEV SASPONSORED ADR02319V1032782422168SHSOLE 42216800AMERICAN ASSETS TR INCCOM024013104253763800SHSOLE 6380000AMERICAN CAMPUS CMNTYS INCCOM02483510053012000SHSOLE 1200000AMERICAN HOMES 4 RENTCL A02665T3065303244276SHSOLE 24427600AMGEN INCCOM0311621009875298SHSOLE 529800APOGEE ENTERPRISES INCCOM0375981091212515SHSOLE 251500APPLE INCCOM03783310015009739SHSOLE 973900ASHFORD HOSPITALITY PRIME INCOM0441021013468365000SHSOLE 36500000ASHFORD HOSPITALITY PRIME INPFD CV SER B044102507566162800000SHSOLE 280000000AVALONBAY CMNTYS INCCOM053484101178410000SHSOLE 1000000BANKUNITED INCCOM06652K1031925400SHSOLE 540000BECTON DICKINSON & COCOM07588710912056149SHSOLE 614900BELMOND LTDCL AG1154H1072980218300SHSOLE 21830000BERKSHIRE HATHAWAY INC DELCL B NEW0846707024222300SHSOLE 230000BLACK KNIGHT FINL SVCS INCCL A09214X1002746372SHSOLE 637200BLACKROCK INCCOM09247X10115983574SHSOLE 357400BLACKSTONE GROUP L PCOM UNIT LTD09253U1082978900SHSOLE 890000BRANDYWINE RLTY TRSH BEN INT NEW1053682031568914SHSOLE 891400BRIGHTHOUSE FINL INCCOM10922N10352848SHSOLE 84800BRIXMOR PPTY GROUP INCCOM11120U105131169700SHSOLE 6970000BROADRIDGE FINL SOLUTIONS INCOM11133T1035436705SHSOLE 670500BROOKDALE SR LIVING INCCOM11246310410306972200SHSOLE 97220000BT GROUP PLCADR05577E10148825320SHSOLE 2532000CANADA GOOSE HOLDINGS INCSHS SUB VTG13508610621210320SHSOLE 1032000CAPITAL SR LIVING CORPCOM1404751041769141000SHSOLE 14100000CARDINAL HEALTH INCCOM14149Y108124818660SHSOLE 1866000CASEYS GEN STORES INCCOM1475281034173812SHSOLE 381200CATALENT INCCOM1488061022696743SHSOLE 674300CBL & ASSOC PPTYS INCCOM1248301005159615000SHSOLE 61500000CECO ENVIRONMENTAL CORPCOM125141101293416SHSOLE 341600CENTERSTATE BK CORPCOM15201P10944816686SHSOLE 1668600CHATHAM LODGING TRCOM16208T102328951542938SHSOLE 154293800CHEVRON CORP NEWCOM1667641009257883SHSOLE 788300CHINA YUCHAI INTL LTDCOMG210821056107274388SHSOLE 27438800CHIPOTLE MEXICAN GRILL INCCOM169656105231750SHSOLE 75000CIM COML TR CORPCOM12552510532819545SHSOLE 1954500CISCO SYS INCCOM17275R10286925850SHSOLE 2585000CLIPPER RLTY INCCOM18885T306110971036196SHSOLE 103619600CME GROUP INCCOM CL A12572Q105140910379SHSOLE 1037900COLONY NORTHSTAR INCCL A COM19625W104379563021954SHSOLE 302195400COMCAST CORP NEWCL A20030N101233260601SHSOLE 6060100COMPANHIA ENERGETICA DE MINASP ADR N-V PFD204409601280113000SHSOLE 11300000CONSOLIDATED TOMOKA LD CONOTE 4.500% 3/1210226AB22208620450000SHSOLE 2045000000COOPER COS INCCOM NEW2166484025172180SHSOLE 218000CORE LABORATORIES N VCOMN227171072942977SHSOLE 297700CORENERGY INFRASTRUCTURE TRDEP SHS REPSTG21870U30413000500000SHSOLE 50000000CORENERGY INFRASTRUCTURE TRNOTE 7.000% 6/121870UAA42211119000000SHSOLE 1900000000CORESITE RLTY CORPCOM21870Q105309927700SHSOLE 2770000COSTCO WHSL CORP NEWCOM22160K10582500SHSOLE 50000CREDIT SUISSE NASSAU BRHINVRS VIX STERM22542D7952782851SHSOLE 285100DDR CORPCOM23317H102216722365900SHSOLE 236590000DEUTSCHE BANK A GNOTE 7.500%12/3251525AN1316300000SHSOLE 30000000DIGITAL RLTY TR INCCOM253868103287524300SHSOLE 2430000DIREXION SHS ETF TR20YR TRES BULL25459W540753578SHSOLE 357800DISNEY WALT COCOM DISNEY2546871066576662SHSOLE 666200DST SYS INC DELCOM2333261074057364SHSOLE 736400EASTMAN CHEM COCOM277432100112912474SHSOLE 1247400EATON CORP PLCSHSG2918310398212798SHSOLE 1279800ENSTAR GROUP LIMITEDSHSG3075P1012911309SHSOLE 130900EPR PPTYSCONV PFD 9% SR E26884U30723104644101SHSOLE 64410100EPR PPTYSPFD C CNV 5.75%26884U2086891248700SHSOLE 24870000EQUINIX INCCOM PAR $0.00129444U7006691500SHSOLE 150000EQUITY RESIDENTIALSH BEN INT29476L107285443300SHSOLE 4330000ESSEX PPTY TR INCCOM29717810524139500SHSOLE 950000EVERCORE INCCLASS A29977A1054205235SHSOLE 523500EXXON MOBIL CORPCOM30231G10215181SHSOLE 18100FARMLAND PARTNERS INCCOM31154R10983191900SHSOLE 9190000FIRST AMERN FINL CORPCOM31847R1024308605SHSOLE 860500FOMENTO ECONOMICO MEXICANO SSPON ADR UNITS344419106127713353SHSOLE 1335300FOREST CITY RLTY TR INCCOM CL A345605109198577800SHSOLE 7780000FRANKLIN STREET PPTYS CORPCOM35471R106198531869400SHSOLE 186940000GENERAL DYNAMICS CORPCOM36955010814477039SHSOLE 703900GENESIS HEALTHCARE INCCL A COM37185X106615529700SHSOLE 52970000GENTHERM INCCOM37253A1032095639SHSOLE 563900GGP INCCOM36174X101144169400SHSOLE 6940000GLAXOSMITHKLINE PLCSPONSORED ADR37733W105152137433SHSOLE 3743300GLOBAL X FDSMSCI PAKISTAN37950E68952235940SHSOLE 3594000GOVERNMENT PPTYS INCOME TRCOM SHS BEN INT38376A103224551196300SHSOLE 119630000GPO AEROPORTUARIO DEL PAC SASPON ADR B4005061017076900SHSOLE 690000HCP INCCOM40414L10968124500SHSOLE 2450000HFF INCCL A40418F10881220527SHSOLE 2052700HOEGH LNG PARTNERS LPCOM UNIT LTDY3262R10037320100SHSOLE 2010000HOME DEPOT INCCOM4370761029665907SHSOLE 590700HOWARD HUGHES CORPCOM44267D107123910500SHSOLE 1050000HSBC HLDGS PLCSPON ADR NEW40428040613255SHSOLE 25500INFOSYS LTDSPONSORED ADR4567881084544311381SHSOLE 31138100INSTEEL INDUSTRIES INCCOM45774W1081616185SHSOLE 618500INTERPUBLIC GROUP COS INCCOM46069010089042797SHSOLE 4279700INTERXION HOLDING N.VSHSN47279109114122400SHSOLE 2240000INVESCO LTDSHSG491BT10897527815SHSOLE 2781500ISHARESINDIA 50 ETF464289529118SHSOLE 1800ISHARES INCCORE MSCI EMKT46434G103112SHSOLE 1200ISHARES INCEM MKTS DIV ETF464286319115SHSOLE 1500ISHARES INCMSCI FRNTR100ETF464286145121SHSOLE 2100ISHARES INCMSCI GBL ETF NEW46434G848120SHSOLE 2000ISHARES INCMSCI TAIWAN ETF46434G772107729845SHSOLE 2984500ISHARES INCMSCI TURKEY ETF46428671510250SHSOLE 25000ISHARES TRCORE MSCI EAFE46432F842110SHSOLE 1000ISHARES TRCORE MSCI TOTAL46432F834111SHSOLE 1100ISHARES TRCORE S&P MCP ETF46428750762347SHSOLE 34700ISHARES TRCORE S&P SCP ETF46428780412151SHSOLE 15100ISHARES TRCORE S&P500 ETF46428720086339SHSOLE 33900ISHARES TREAFE SML CP ETF464288273111SHSOLE 1100ISHARES TREUROPE ETF46428786114289SHSOLE 28900ISHARES TRIBOXX HI YD ETF4642885132022275SHSOLE 227500ISHARES TRIBOXX INV CP ETF4642872421621338SHSOLE 133800ISHARES TRINTL SEL DIV ETF464288448119SHSOLE 1900ISHARES TRINTRMD CR BD ETF464288638131411933SHSOLE 1193300ISHARES TRJPMORGAN USD EMG4642882811921648SHSOLE 164800ISHARES TRMBS ETF4642885889008416SHSOLE 841600ISHARES TRMICRO-CAP ETF46428886917SHSOLE 700ISHARES TRMSCI AC ASIA ETF46428818219SHSOLE 900ISHARES TRMSCI ACWI EX US4642882405075104960SHSOLE 10496000ISHARES TRMSCI CHINA ETF46429B671110SHSOLE 1000ISHARES TRMSCI EAFE ETF4642874651041517SHSOLE 151700ISHARES TRMSCI EMG MKT ETF464287234671485SHSOLE 148500ISHARES TRRUSSELL 2000 ETF46428765533822228250SHSOLE 22445903791ISHARES TRS&P SML 600 GWT46428788714SHSOLE 400ISTAR INCCOM45031U10146039000SHSOLE 3900000JBG SMITH PPTYSCOM46590V10050914899SHSOLE 1489900JERNIGAN CAP INCCOM476405105295741439100SHSOLE 143910000JOHN BEAN TECHNOLOGIES CORPCOM4778391048458358SHSOLE 835800JOHNSON & JOHNSONCOM478160104130710055SHSOLE 1005500JPMORGAN CHASE & COCOM46625H100125913178SHSOLE 1317800KIMCO RLTY CORPCOM49446R10979740800SHSOLE 4080000KITE RLTY GROUP TRCOM NEW49803T30015226751948SHSOLE 75194800KLA-TENCOR CORPCOM482480100179716956SHSOLE 1695600KOREA ELECTRIC PWRSPONSORED ADR50063110653031600SHSOLE 3160000LEXINGTON REALTY TRUSTPFD CONV SER C52904330916169316455SHSOLE 31645500LITTELFUSE INCCOM5370081044012045SHSOLE 204500MACERICH COCOM554382101121022000SHSOLE 2200000MADISON SQUARE GARDEN CO NEWCL A55825T103237611100SHSOLE 1110000MCDONALDS CORPCOM580135101110700SHSOLE 70000MEDEQUITIES RLTY TR INCCOM58409L306253342156000SHSOLE 215600000METLIFE INCCOM59156R1084979562SHSOLE 956200MICROSOFT CORPCOM594918104190325544SHSOLE 2554400MILLER HERMAN INCCOM6005441001845124SHSOLE 512400MOBILE TELESYSTEMS PJSCSPONSORED ADR60740910955953500SHSOLE 5350000MONRO INCCOM6102361011542747SHSOLE 274700MONSANTO CO NEWCOM61166W1013312758SHSOLE 275800NATIONAL STORAGE AFFILIATESCOM SHS BEN IN6378701065336220136SHSOLE 22013600NEENAH PAPER INCCOM6400791095876864SHSOLE 686400NEW JERSEY RESCOM64602510618426SHSOLE 42600NOVARTIS A GSPONSORED ADR66987V109266231013SHSOLE 3101300OWENS CORNING NEWCOM6907421015336903SHSOLE 690300PARAMOUNT GROUP INCCOM69924R1083005187800SHSOLE 18780000PEPSICO INCCOM7134481085775178SHSOLE 517800PFIZER INCCOM717081103140339304SHSOLE 3930400PHILLIPS 66COM718546104112012222SHSOLE 1222200PIMCO ETF TRENHAN SHRT MA AC72201R8331371350SHSOLE 135000POOL CORPORATIONCOM73278L1056085621SHSOLE 562100PRA HEALTH SCIENCES INCCOM69354M1084155442SHSOLE 544200PROCTER AND GAMBLE COCOM7427181098309124SHSOLE 912400PROLOGIS INCCOM74340W10370211066SHSOLE 1106600PRUDENTIAL PLCADR74435K204184438484SHSOLE 3848400PUBLIC STORAGECOM74460D1092611218SHSOLE 121800RAMCO-GERSHENSON PPTYS TRPERP PFD-D CV75145260813297245700SHSOLE 24570000RESOURCE CAP CORPCOM NEW76120W708154671434800SHSOLE 143480000RETAIL OPPORTUNITY INVTS CORCOM76131N1011922101100SHSOLE 10110000RITCHIE BROS AUCTIONEERSCOM7677441052036413SHSOLE 641300ROBERT HALF INTL INCCOM770323103154430682SHSOLE 3068200SABRA HEALTH CARE REIT INCCOM78573L106325151482025SHSOLE 148202500SCHLUMBERGER LTDCOM806857108435562427SHSOLE 6242700SELECT SECTOR SPDR TRSBI INT-FINL81369Y6053927151859SHSOLE 15185900SELECT SECTOR SPDR TRSBI MATERIALS81369Y100392469090SHSOLE 6909000SHAW COMMUNICATIONS INCCL B CONV82028K2003219139897SHSOLE 13989700SL GREEN RLTY CORPCOM78440X101250324703SHSOLE 2470300SPDR DOW JONES INDL AVRG ETFUT SER 178467X10933838151186SHSOLE 14867702509SPDR S&P 500 ETF TRTR UNIT78462F10399873397541SHSOLE 39093906602STAG INDL INCCOM85254J10221334776606SHSOLE 77660600STERLING BANCORP DELCOM85917A10048219572SHSOLE 1957200SUNCOR ENERGY INC NEWCOM8672241071544400SHSOLE 440000TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADR8740391005432144629SHSOLE 14462900TANGER FACTORY OUTLET CTRS ICOM875465106192578800SHSOLE 7880000TAUBMAN CTRS INCCOM87666410312562252750SHSOLE 25275000TEXAS INSTRS INCCOM882508104143315987SHSOLE 1598700TIME WARNER INCCOM NEW8873173035825678SHSOLE 567800TRAVELCENTERS AMER LLCCOM8941741011692398000SHSOLE 39800000UBS GROUP AGSHSH42097107166897266SHSOLE 9726600ULTRAPAR PARTICIPACOES S ASP ADR REP COM90400P10146319450SHSOLE 1945000UNILEVER PLCSPON ADR NEW904767704338258354SHSOLE 5835400UNITED TECHNOLOGIES CORPCOM913017109151513049SHSOLE 1304900URSTADT BIDDLE PPTYS INCCL A917286205198691500SHSOLE 9150000URSTADT BIDDLE PPTYS INCPFD-G CV 6.75%91728680911842450000SHSOLE 45000000US BANCORP DELCOM NEW902973304160629953SHSOLE 2995300VANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF9219438581172691SHSOLE 269100VANGUARD WORLD FDSINDUSTRIAL ETF92204A603392229209SHSOLE 2920900VANGUARD WORLD FDSINF TECH ETF92204A702391325742SHSOLE 2574200VANTIV INCCL A92210H1055367601SHSOLE 760100VARIAN MED SYS INCCOM92220P1053683677SHSOLE 367700VIRTU FINL INCCL A92825410149730678SHSOLE 3067800VORNADO RLTY TRSH BEN INT929042109229129800SHSOLE 2980000WAL-MART STORES INCCOM93114210389011389SHSOLE 1138900WASHINGTON PRIME GROUP NEWCOM93964W1085482658000SHSOLE 65800000WELLTOWER INCCOM95040Q104126518000SHSOLE 1800000WEX INCCOM96208T1043543156SHSOLE 315600WEYERHAEUSER COCOM962166104334598300SHSOLE 9830000WHEELER REAL ESTATE INVT TRCV PFD SER B9630253098658390000SHSOLE 39000000WHEELER REAL ESTATE INVT TRPFD CNV SER D9630256064500200000SHSOLE 20000000WISDOMTREE CONTINUOUS COMMODSHS BEN INT97718W10821711585SHSOLE 1158500WPP PLC NEWADR92937A102359138689SHSOLE 3868900