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Forward Air Corp

FWRD
Exchange
Nasdaq
Industry
Arrangement of Transportation of Freight & Cargo
SEC CIK
0000912728

No open-market purchases or sales by Forward Air Corp insiders were filed in the last 90 days; 187 institutions reported holding it in 13F filings for Q2 2026, worth $412.0M in total; no superinvestor holds it.

13F holders, Q3 2021

Institutional positions in Forward Air Corp as of Sep 30, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
216
−2 vs. Q2 2021
Shares held
26.4M
−186.6K (−0.7%) vs. Q2 2021
Total value
$2.19B
−$193.7M (−8.1%) vs. Q2 2021
New holders
17
63 more added
Sold out
19
93 more reduced

2 institutions that held it in Q2 2021 haven't filed for Q3 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting FWRD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2021: 216 institutions
Q1 2021: 206 institutionsQ2 2021: 220 institutionsQ3 2021: 216 institutionsQ4 2021: 240 institutionsQ1 2022: 246 institutionsQ2 2022: 247 institutionsQ3 2022: 246 institutionsQ4 2022: 276 institutionsQ1 2023: 259 institutionsQ2 2023: 245 institutionsQ3 2023: 252 institutionsQ4 2023: 264 institutionsQ1 2024: 226 institutionsQ2 2024: 191 institutionsQ3 2024: 208 institutionsQ4 2024: 211 institutionsQ1 2025: 195 institutionsQ2 2025: 181 institutionsQ3 2025: 202 institutionsQ4 2025: 202 institutionsQ1 2026: 193 institutionsQ2 2026: 187 institutions
Value heldQ3 2021: $2.19B
Q1 2021: $2.38BQ2 2021: $2.39BQ3 2021: $2.19BQ4 2021: $3.19BQ1 2022: $2.57BQ2 2022: $2.46BQ3 2022: $2.41BQ4 2022: $2.72BQ1 2023: $2.80BQ2 2023: $2.68BQ3 2023: $1.76BQ4 2023: $1.57BQ1 2024: $881.2MQ2 2024: $636.1MQ3 2024: $1.17BQ4 2024: $1.07BQ1 2025: $671.9MQ2 2025: $804.6MQ3 2025: $873.9MQ4 2025: $744.2MQ1 2026: $492.3MQ2 2026: $412.0M
Institutions holding FWRD and their total value by quarter
QuarterHoldersValue
Q2 2026187$412.0M
Q1 2026193$492.3M
Q4 2025202$744.2M
Q3 2025202$873.9M
Q2 2025181$804.6M
Q1 2025195$671.9M
Q4 2024211$1.07B
Q3 2024208$1.17B
Q2 2024191$636.1M
Q1 2024226$881.2M
Q4 2023264$1.57B
Q3 2023252$1.76B
Q2 2023245$2.68B
Q1 2023259$2.80B
Q4 2022276$2.72B
Q3 2022246$2.41B
Q2 2022247$2.46B
Q1 2022246$2.57B
Q4 2021240$3.19B
Q3 2021216$2.19B
Q2 2021220$2.39B
Q1 2021206$2.38B

Institutions, Q3 2021

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q2 2021.

Institutions holding FWRD in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
PYA Waltman Capital, LLC9,577$795.0K0.43%00.0%Unchanged
MetLife Investment Management9,652$801.3K0.01%00.0%Unchanged
NJ State Employees Deferred Compensation Plan10,000$830.0K0.11%00.0%Unchanged
Voya Investment Management LLC10,980$912.0K0.00%−67−0.6%Reduced
Canada Pension Plan Investment Board11,000$913.0K0.00%+11,000New
Maryland State Retirement & Pension System10,663$922.0K0.03%+10,663New
Bank of Montreal10,548$923.0K0.00%−361−3.3%Reduced
Oregon Public Employees Retirement Fund11,164$927.0K0.01%−100−0.9%Reduced
Cubist Systematic Strategies, LLC11,270$936.0K0.01%+1,162+11.5%Added
Hillsdale Investment Management Inc.11,300$938.0K0.07%00.0%Unchanged
Skandinaviska Enskilda Banken AB (publ)11,400$946.0K0.01%00.0%Unchanged
Employees Retirement System of Texas11,400$946.0K0.01%+11,400New
Louisiana State Employees Retirement System13,100$1.09M0.03%+800+6.5%Added
HRT Financial LP13,421$1.11M0.01%−6,275−31.9%Reduced
Azzad Asset Management Inc13,532$1.12M0.17%+147+1.1%Added
CSM Advisors, LLC13,580$1.13M0.08%00.0%Unchanged
STRS Ohio13,900$1.15M0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The13,922$1.16M0.00%−1,427−9.3%Reduced
State Board of Administration of Florida Retirement System14,156$1.18M0.00%00.0%Unchanged
Amalgamated Bank14,286$1.19M0.01%−421−2.9%Reduced
Susquehanna Fundamental Investments, LLC14,546$1.21M0.02%−4,069−21.9%Reduced
Citigroup Inc15,627$1.30M0.00%−1,009−6.1%Reduced
Los Angeles Capital Management LLC16,315$1.35M0.01%00.0%Unchanged
Northwest Investment Counselors, LLC16,618$1.38M0.39%+2,360+16.6%Added
American International Group, Inc.17,056$1.42M0.01%−610−3.5%Reduced
Raymond James Financial Services Advisors, Inc.17,828$1.48M0.00%+5,608+45.9%Added
New York State Common Retirement Fund19,570$1.63M0.00%−3,953−16.8%Reduced
State of Alaska, Department of Revenue19,769$1.64M0.02%+870+4.6%Added
Squarepoint Ops LLC19,803$1.64M0.01%−11,207−36.1%Reduced
Isthmus Partners, LLC19,924$1.65M0.30%+145+0.7%Added
Texas Permanent School Fund20,047$1.66M0.02%−311−1.5%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys20,548$1.71M0.02%−416−2.0%Reduced
Logan Capital Management Inc20,639$1.71M0.08%+513+2.5%Added
FMR LLC20,784$1.73M0.00%−2,700−11.5%Reduced
Credit Suisse AG22,487$1.87M0.00%−3,594−13.8%Reduced
Martingale Asset Management L P23,169$1.92M0.03%+13,860+148.9%Added
Barclays PLC23,205$1.93M0.00%+5,503+31.1%Added
Great West Life Assurance Co23,256$1.95M0.00%−269−1.1%Reduced
First National Bank of Omaha23,510$1.95M0.10%−2,374−9.2%Reduced
Ensign Peak Advisors, Inc24,288$2.02M0.00%00.0%Unchanged
Cardinal Capital Management25,455$2.11M0.46%+97+0.4%Added
Aptus Capital Advisors, LLC25,889$2.15M0.08%+4,640+21.8%Added
Miller Howard Investments Inc26,326$2.19M0.09%−381−1.4%Reduced
BNP Paribas Arbitrage, SA26,541$2.20M0.01%+16,921+175.9%Added
Comerica Bank25,016$2.27M0.01%−1,020−3.9%Reduced
Millennium Management LLC27,846$2.31M0.00%−87,892−75.9%Reduced
Chatham Capital Group, Inc.28,273$2.35M0.45%−283−1.0%Reduced
Prudential Financial Inc29,863$2.49M0.00%−1,081−3.5%Reduced
State of New Jersey Common Pension Fund D30,597$2.54M0.01%+4,376+16.7%Added
Citadel Advisors LLC30,755$2.55M0.00%−75,602−71.1%Reduced
UBS Asset Management Americas Inc32,743$2.72M0.00%+8,192+33.4%Added
Cambiar Investors LLC32,884$2.73M0.09%+2,821+9.4%Added
SG Americas Securities, LLC35,307$2.93M0.02%+1,505+4.5%Added
California State Teachers Retirement System37,038$3.08M0.00%−482−1.3%Reduced
Envestnet Asset Management Inc38,034$3.16M0.00%+1,453+4.0%Added
Raymond James & Associates40,105$3.33M0.00%−5,476−12.0%Reduced
Alliancebernstein L.P.40,834$3.39M0.00%−1,330−3.2%Reduced
D. E. Shaw & Co., Inc.40,856$3.39M0.00%+24,133+144.3%Added
Segall Bryant & Hamill, LLC44,220$3.67M0.04%−442−1.0%Reduced
Goldman Sachs Group Inc44,288$3.68M0.00%−4,418−9.1%Reduced
Russell Investments Group, Ltd.46,177$3.83M0.01%+40,117+662.0%Added
Hotchkis & Wiley Capital Management LLC53,125$4.41M0.01%−560−1.0%Reduced
Public Sector Pension Investment Board54,764$4.55M0.03%−1,060−1.9%Reduced
Public Employees Retirement System of Ohio55,078$4.57M0.02%−7,639−12.2%Reduced
Profit Investment Management, LLC57,369$4.76M3.31%00.0%Unchanged
Premier Fund Managers Ltd57,271$4.91M0.16%00.0%Unchanged
Swiss National Bank60,600$5.03M0.00%00.0%Unchanged
Marks Group Wealth Management, Inc62,276$5.16M0.70%+747+1.2%Added
Weiss Multi-Strategy Advisers LLC63,219$5.25M0.11%+58,156+1,148.6%Added
New York State Teachers Retirement System63,697$5.29M0.01%−439−0.7%Reduced
Rhumbline Advisers65,223$5.42M0.01%−11,043−14.5%Reduced
Renaissance Technologies LLC71,439$5.93M0.01%+38,300+115.6%Added
Confluence Investment Management LLC71,492$5.93M0.08%−598−0.8%Reduced
Wells Fargo & Company74,099$6.15M0.00%−1,534−2.0%Reduced
American Capital Management Inc74,463$6.18M0.17%−432−0.6%Reduced
Legal & General Group Plc75,254$6.25M0.00%+5,058+7.2%Added
Man Group plc93,282$7.74M0.03%+1,312+1.4%Added
J. Goldman & Co LP94,551$7.85M0.70%−5,400−5.4%Reduced
TD Asset Management Inc101,000$8.38M0.01%−4,100−3.9%Reduced
Scout Investments, Inc.102,878$8.54M0.13%+11,635+12.8%Added
Parametric Portfolio Associates LLC109,438$9.09M0.01%−6,057−5.2%Reduced
Deutsche Bank AG111,421$9.25M0.00%+92,322+483.4%Added
Schonfeld Strategic Advisors LLC119,201$9.90M0.11%+119,201New
Morgan Stanley136,319$11.3M0.00%−445−0.3%Reduced
Fort Washington Investment Advisors Inc142,252$11.8M0.08%+27,046+23.5%Added
Bank of America Corp161,127$13.4M0.00%+12,265+8.2%Added
Ameriprise Financial Inc179,293$14.9M0.00%−2,130−1.2%Reduced
Arrowstreet Capital, Limited Partnership194,736$16.2M0.02%+39,021+25.1%Added
Invesco Ltd.209,069$17.4M0.00%+13,865+7.1%Added
Principal Financial Group Inc228,780$19.0M0.01%−1,133−0.5%Reduced
Emerald Advisers, LLC230,556$19.1M0.70%+7,687+3.4%Added
Tributary Capital Management, LLC233,400$19.4M1.50%−3,598−1.5%Reduced
Emerald Mutual Fund Advisers Trust237,593$19.7M0.68%00.0%Unchanged
Boston Trust Walden Corp250,195$20.8M0.18%+3,211+1.3%Added
JPMorgan Chase & Co257,123$21.3M0.00%−20,971−7.5%Reduced
Scopus Asset Management, L.P.267,177$22.2M0.56%+12,177+4.8%Added
Charles Schwab Investment Management Inc275,227$22.9M0.01%+1,080+0.4%Added
Nuveen Asset Management, LLC276,436$23.0M0.01%−17,517−6.0%Reduced
Norges Bank280,168$23.3M0.01%+15,100+5.7%Added
Bank of New York Mellon Corp327,212$27.2M0.01%−13,057−3.8%Reduced