J. Alan Reid, Jr.‘s Forward Management, which is now part of Salient Partners, has sold out of its position in Peak Resorts Inc (NASDAQ:SKIS) according to a new 13G filing with the SEC. The firm held 1.30 million shares of the company on December 31, making it one of the largest shareholders at that time. Given the sale of its position, it appears that Mr. Reid is not confident in a near-term turnaround for the stock, which has plunged by 50% since early December.
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|Forward Select Income Fund||0||0||0||0||0||0%|
Page 1 of 3 SEC Filing
this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided in a prior cover page.
for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject
to the liabilities of that section of the Act but shall be subject to all other provisions of the
Act (however, see Instructions).