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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, Q4 2021

Institutional positions in Forward Air Corp as of Dec 31, 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
240
+28 vs. Q3 2021
Shares held
26.4M
−7.64K (0.0%) vs. Q3 2021
Total value
$3.20B
+$1.00B (+45.6%) vs. Q3 2021
New holders
46
73 more added
Sold out
18
90 more reduced

4 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2021: 240 institutions
Q1 2021: 206 institutionsQ2 2021: 220 institutionsQ3 2021: 216 institutionsQ4 2021: 240 institutionsQ1 2022: 246 institutionsQ2 2022: 247 institutionsQ3 2022: 247 institutionsQ4 2022: 276 institutionsQ1 2023: 259 institutionsQ2 2023: 245 institutionsQ3 2023: 252 institutionsQ4 2023: 264 institutionsQ1 2024: 226 institutionsQ2 2024: 192 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 heldQ4 2021: $3.20B
Q1 2021: $2.38BQ2 2021: $2.39BQ3 2021: $2.20BQ4 2021: $3.20BQ1 2022: $2.57BQ2 2022: $2.46BQ3 2022: $2.41BQ4 2022: $2.72BQ1 2023: $2.82BQ2 2023: $2.68BQ3 2023: $1.76BQ4 2023: $1.68BQ1 2024: $980.7MQ2 2024: $637.0MQ3 2024: $1.18BQ4 2024: $1.07BQ1 2025: $671.9MQ2 2025: $812.5MQ3 2025: $886.8MQ4 2025: $744.6MQ1 2026: $493.0MQ2 2026: $412.0M
Institutions holding FWRD and their total value by quarter
QuarterHoldersValue
Q2 2026187$412.0M
Q1 2026193$493.0M
Q4 2025202$744.6M
Q3 2025202$886.8M
Q2 2025181$812.5M
Q1 2025195$671.9M
Q4 2024211$1.07B
Q3 2024208$1.18B
Q2 2024192$637.0M
Q1 2024226$980.7M
Q4 2023264$1.68B
Q3 2023252$1.76B
Q2 2023245$2.68B
Q1 2023259$2.82B
Q4 2022276$2.72B
Q3 2022247$2.41B
Q2 2022247$2.46B
Q1 2022246$2.57B
Q4 2021240$3.20B
Q3 2021216$2.20B
Q2 2021220$2.39B
Q1 2021206$2.38B

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q3 2021.

Institutions holding FWRD in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.4,081,830$494.3M0.01%+9,279+0.2%Added
Vanguard Group Inc2,889,612$349.9M0.01%+2,570+0.1%Added
Ancora Advisors, LLC1,484,354$179.7M4.28%−388,848−20.8%Reduced
Neuberger Berman Group LLC1,318,202$159.6M0.13%−43,227−3.2%Reduced
Silvercrest Asset Management Group LLC1,277,549$153.7M0.97%+307,392+31.7%Added
ArrowMark Colorado Holdings LLC1,236,465$149.7M1.21%+5670.0%Added
Clearbridge Investments, LLC1,101,651$133.4M0.09%+2,134+0.2%Added
State Street Corp984,333$119.2M0.01%+9,163+0.9%Added
Dimensional Fund Advisors LP929,961$112.6M0.03%−40,058−4.1%Reduced
Royce & Associates LP677,647$82.1M0.61%+212,495+45.7%Added
Thrivent Financial for Lutherans668,273$80.9M0.16%+1,254+0.2%Added
Atlanta Capital Management Co L L C582,179$70.5M0.24%−17,855−3.0%Reduced
Victory Capital Management Inc578,995$70.1M0.06%−137,409−19.2%Reduced
Geode Capital Management, LLC471,697$57.1M0.01%+18,937+4.2%Added
Cardinal Capital Management LLC398,698$48.3M1.14%−14,186−3.4%Reduced
Northern Trust Corp382,491$46.3M0.01%−20,498−5.1%Reduced
Driehaus Capital Management LLC322,961$39.1M0.40%+322,961New
Emerald Mutual Fund Advisers Trust305,673$37.0M1.30%+68,080+28.7%Added
Bank of New York Mellon Corp302,968$36.7M0.01%−24,244−7.4%Reduced
Emerald Advisers, LLC296,431$35.9M1.32%+65,875+28.6%Added
Charles Schwab Investment Management Inc279,764$33.9M0.01%+4,537+1.6%Added
Norges Bank265,068$32.1M0.01%−15,100−5.4%Reduced
Boston Trust Walden Corp250,497$30.3M0.24%+302+0.1%Added
Nuveen Asset Management, LLC255,420$28.7M0.01%−21,016−7.6%Reduced
JPMorgan Chase & Co217,725$26.4M0.00%−39,398−15.3%Reduced
Principal Financial Group Inc210,121$25.4M0.02%−18,659−8.2%Reduced
Tributary Capital Management, LLC191,896$23.2M1.75%−41,504−17.8%Reduced
Invesco Ltd.185,895$22.5M0.01%−23,174−11.1%Reduced
Arrowstreet Capital, Limited Partnership183,192$22.2M0.03%−11,544−5.9%Reduced
UBS Asset Management Americas Inc179,407$21.7M0.01%+146,664+447.9%Added
Ameriprise Financial Inc179,029$21.7M0.01%−264−0.1%Reduced
Bank of America Corp158,401$19.2M0.00%−2,726−1.7%Reduced
Morgan Stanley119,487$14.5M0.00%−16,832−12.3%Reduced
Parametric Portfolio Associates LLC118,425$14.3M0.01%+8,987+8.2%Added
Fort Washington Investment Advisors Inc113,664$13.8M0.08%−28,588−20.1%Reduced
Scout Investments, Inc.100,613$12.2M0.18%−2,265−2.2%Reduced
Legal & General Group Plc77,112$9.34M0.00%+1,858+2.5%Added
Man Group plc76,359$9.25M0.03%−16,923−18.1%Reduced
Raymond James Financial Services Advisors, Inc.76,256$9.23M0.02%+58,428+327.7%Added
Raymond James & Associates74,807$9.06M0.01%+34,702+86.5%Added
American Capital Management Inc74,048$8.97M0.23%−415−0.6%Reduced
Confluence Investment Management LLC71,607$8.67M0.12%+115+0.2%Added
Barclays PLC70,094$8.49M0.00%+46,889+202.1%Added
J. Goldman & Co LP68,012$8.24M0.76%−26,539−28.1%Reduced
Rhumbline Advisers64,687$7.83M0.01%−536−0.8%Reduced
New York State Teachers Retirement System63,197$7.65M0.01%−500−0.8%Reduced
Citadel Advisors LLC60,599$7.34M0.01%+29,844+97.0%Added
TD Asset Management Inc60,100$7.28M0.01%−40,900−40.5%Reduced
Swiss National Bank59,700$7.23M0.00%−900−1.5%Reduced
Marks Group Wealth Management, Inc58,448$7.09M0.86%−3,828−6.1%Reduced
Premier Fund Managers Ltd57,271$6.89M0.22%00.0%Unchanged
Public Employees Retirement System of Ohio55,065$6.67M0.02%−130.0%Reduced
Public Sector Pension Investment Board54,904$6.65M0.04%+140+0.3%Added
Wells Fargo & Company51,775$6.27M0.00%−22,324−30.1%Reduced
Hotchkis & Wiley Capital Management LLC49,595$6.00M0.02%−3,530−6.6%Reduced
Profit Investment Management, LLC47,869$5.80M3.65%−9,500−16.6%Reduced
Royal Bank of Canada46,619$5.64M0.00%+41,892+886.2%Added
EAM Global Investors LLC45,071$5.46M0.97%+45,071New
Segall Bryant & Hamill, LLC44,151$5.34M0.05%−44,289−50.1%Reduced
Alliancebernstein L.P.40,849$4.95M0.00%+150.0%Added
Marshall Wace, LLP39,488$4.78M0.01%+39,488New
FMR LLC38,084$4.61M0.00%+17,300+83.2%Added
California State Teachers Retirement System37,507$4.54M0.01%+469+1.3%Added
RBA Wealth Management, LLC35,216$4.26M2.01%+35,216New
Russell Investments Group, Ltd.34,783$4.21M0.01%−11,394−24.7%Reduced
EAM Investors, LLC34,332$4.16M0.68%+34,332New
Squarepoint Ops LLC33,920$4.11M0.02%+14,117+71.3%Added
Aptus Capital Advisors, LLC31,979$3.87M0.13%+6,090+23.5%Added
Envestnet Asset Management Inc30,838$3.73M0.00%−7,196−18.9%Reduced
First Trust Advisors LP30,349$3.67M0.00%+23,233+326.5%Added
Goldman Sachs Group Inc29,398$3.56M0.00%−14,890−33.6%Reduced
Chatham Capital Group, Inc.28,348$3.43M0.62%+75+0.3%Added
BNP Paribas Arbitrage, SA27,315$3.31M0.01%+774+2.9%Added
State of New Jersey Common Pension Fund D27,244$3.30M0.01%−3,353−11.0%Reduced
Miller Howard Investments Inc27,240$3.30M0.12%+914+3.5%Added
Natixis Advisors, L.P.27,175$3.29M0.01%+27,175New
Prudential Financial Inc29,258$3.09M0.00%−605−2.0%Reduced
Cardinal Capital Management25,432$3.08M0.61%−23−0.1%Reduced
Yousif Capital Management, LLC24,839$3.01M0.03%+24,839New
Great West Life Assurance Co23,361$2.83M0.01%+105+0.5%Added
Avalon Investment & Advisory22,949$2.78M0.07%+22,949New
Los Angeles Capital Management LLC22,666$2.75M0.01%+6,351+38.9%Added
Cambiar Investors LLC22,558$2.73M0.09%−10,326−31.4%Reduced
Citigroup Inc22,377$2.71M0.00%+6,750+43.2%Added
D. E. Shaw & Co., Inc.22,344$2.71M0.00%−18,512−45.3%Reduced
Millennium Management LLC22,334$2.70M0.00%−5,512−19.8%Reduced
First National Bank of Omaha21,543$2.61M0.12%−1,967−8.4%Reduced
Comerica Bank23,907$2.59M0.02%−1,109−4.4%Reduced
Martingale Asset Management L P21,069$2.55M0.03%−2,100−9.1%Reduced
Credit Suisse AG20,935$2.54M0.00%−1,552−6.9%Reduced
Logan Capital Management Inc20,696$2.51M0.11%+57+0.3%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys20,375$2.47M0.03%−173−0.8%Reduced
Isthmus Partners, LLC19,994$2.42M0.41%+70+0.4%Added
Susquehanna Fundamental Investments, LLC19,709$2.39M0.06%+5,163+35.5%Added
New York State Common Retirement Fund19,627$2.38M0.00%+57+0.3%Added
Texas Permanent School Fund19,521$2.36M0.03%−526−2.6%Reduced
State of Alaska, Department of Revenue19,089$2.31M0.02%−680−3.4%Reduced
Deutsche Bank AG18,972$2.30M0.00%−92,449−83.0%Reduced
Susquehanna International Group, LLP17,182$2.08M0.00%+17,182New
Northwest Investment Counselors, LLC16,983$2.06M0.51%+365+2.2%Added