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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
−7.05K (0.0%) vs. Q3 2021
Total value
$3.19B
+$999.0M (+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: 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 heldQ4 2021: $3.19B
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, 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
Raymond James & Associates74,807$9.06M0.01%+34,702+86.5%Added
Raymond James Financial Services Advisors, Inc.76,256$9.23M0.02%+58,428+327.7%Added
Man Group plc76,359$9.25M0.03%−16,923−18.1%Reduced
Legal & General Group Plc77,112$9.34M0.00%+1,858+2.5%Added
Scout Investments, Inc.100,613$12.2M0.18%−2,265−2.2%Reduced
Fort Washington Investment Advisors Inc113,664$13.8M0.08%−28,588−20.1%Reduced
Parametric Portfolio Associates LLC118,425$14.3M0.01%+8,987+8.2%Added
Morgan Stanley119,487$14.5M0.00%−16,832−12.3%Reduced
Bank of America Corp158,401$19.2M0.00%−2,726−1.7%Reduced
Ameriprise Financial Inc179,029$21.7M0.01%−264−0.1%Reduced
UBS Asset Management Americas Inc179,407$21.7M0.01%+146,664+447.9%Added
Arrowstreet Capital, Limited Partnership183,192$22.2M0.03%−11,544−5.9%Reduced
Invesco Ltd.185,895$22.5M0.01%−23,174−11.1%Reduced
Tributary Capital Management, LLC191,896$23.2M1.75%−41,504−17.8%Reduced
Principal Financial Group Inc210,121$25.4M0.02%−18,659−8.2%Reduced
JPMorgan Chase & Co217,725$26.4M0.00%−39,398−15.3%Reduced
Nuveen Asset Management, LLC255,420$28.7M0.01%−21,016−7.6%Reduced
Boston Trust Walden Corp250,497$30.3M0.24%+302+0.1%Added
Norges Bank265,068$32.1M0.01%−15,100−5.4%Reduced
Charles Schwab Investment Management Inc279,764$33.9M0.01%+4,537+1.6%Added
Emerald Advisers, LLC296,431$35.9M1.32%+65,875+28.6%Added
Bank of New York Mellon Corp302,968$36.7M0.01%−24,244−7.4%Reduced
Emerald Mutual Fund Advisers Trust305,673$37.0M1.30%+68,080+28.7%Added
Driehaus Capital Management LLC322,961$39.1M0.40%+322,961New
Northern Trust Corp382,491$46.3M0.01%−20,498−5.1%Reduced
Cardinal Capital Management LLC398,698$48.3M1.14%−14,186−3.4%Reduced
Geode Capital Management, LLC471,697$57.1M0.01%+18,937+4.2%Added
Victory Capital Management Inc578,995$70.1M0.06%−137,409−19.2%Reduced
Atlanta Capital Management Co L L C582,179$70.5M0.24%−17,855−3.0%Reduced
Thrivent Financial for Lutherans668,273$80.9M0.16%+1,254+0.2%Added
Royce & Associates LP677,647$82.1M0.61%+212,495+45.7%Added
Dimensional Fund Advisors LP929,961$112.6M0.03%−40,058−4.1%Reduced
State Street Corp984,333$119.2M0.01%+9,163+0.9%Added
Clearbridge Investments, LLC1,101,651$133.4M0.09%+2,134+0.2%Added
ArrowMark Colorado Holdings LLC1,236,465$149.7M1.21%+5670.0%Added
Silvercrest Asset Management Group LLC1,277,549$153.7M0.97%+307,392+31.7%Added
Neuberger Berman Group LLC1,318,202$159.6M0.13%−43,227−3.2%Reduced
Ancora Advisors, LLC1,484,354$179.7M4.28%−388,848−20.8%Reduced
Vanguard Group Inc2,889,612$349.9M0.01%+2,570+0.1%Added
BlackRock Inc.4,081,830$494.3M0.01%+9,279+0.2%Added
Scopus Asset Management, L.P.0$00.00%−267,177−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−119,201−100.0%Sold out
Renaissance Technologies LLC0$00.00%−71,439−100.0%Sold out
Weiss Multi-Strategy Advisers LLC0$00.00%−63,219−100.0%Sold out
HRT Financial LP0$00.00%−13,421−100.0%Sold out
Permanens Capital L.P.0$00.00%−8,000−100.0%Sold out
Jane Street Group, LLC0$00.00%−6,710−100.0%Sold out
WealthShield Partners, LLC0$00.00%−5,207−100.0%Sold out
Duality Advisers, LP0$00.00%−4,763−100.0%Sold out
Quadrature Capital Ltd0$00.00%−4,610−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−4,035−100.0%Sold out
Two Sigma Investments, LP0$00.00%−3,229−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−3,058−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−1,002−100.0%Sold out
Point72 Hong Kong Ltd0$00.00%−906−100.0%Sold out
Liberty Wealth Management LLC0$00.00%−360−100.0%Sold out
Meeder Asset Management Inc0$00.00%−225−100.0%Sold out
Meridian Wealth Partners, LLC0$00.00%−77−100.0%Sold out
Marshall Wace North America L.P.––––Not filed
First Mercantile Trust Co––––Not filed
Heritage Wealth Management, LLC––––Not filed
Berman Capital Advisors, LLC––––Not filed