Skip to main content

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
American International Group, Inc.16,324$1.98M0.01%−732−4.3%Reduced
SG Americas Securities, LLC15,594$1.89M0.01%−19,713−55.8%Reduced
Amalgamated Bank13,964$1.69M0.01%−322−2.3%Reduced
AlphaCrest Capital Management LLC13,932$1.69M0.06%+9,795+236.8%Added
Manufacturers Life Insurance Company, The13,604$1.65M0.00%−318−2.3%Reduced
State Board of Administration of Florida Retirement System13,581$1.65M0.00%−575−4.1%Reduced
CSM Advisors, LLC13,580$1.64M0.11%00.0%Unchanged
Louisiana State Employees Retirement System13,000$1.57M0.03%−100−0.8%Reduced
CWM Advisors, LLC12,716$1.54M0.18%+9,414+285.1%Added
STRS Ohio12,200$1.48M0.01%−1,700−12.2%Reduced
SEI Investments Co12,122$1.47M0.00%+8,733+257.7%Added
Ensign Peak Advisors, Inc11,948$1.45M0.00%−12,340−50.8%Reduced
Skandinaviska Enskilda Banken AB (publ)11,400$1.37M0.01%00.0%Unchanged
Hillsdale Investment Management Inc.10,800$1.31M0.09%−500−4.4%Reduced
Maryland State Retirement & Pension System10,747$1.30M0.03%+84+0.8%Added
Azzad Asset Management Inc10,560$1.28M0.17%−2,972−22.0%Reduced
Allspring Global Investments Holdings, LLC10,479$1.27M0.00%+10,479New
Cubist Systematic Strategies, LLC10,436$1.26M0.01%−834−7.4%Reduced
Oregon Public Employees Retirement Fund10,431$1.26M0.01%−733−6.6%Reduced
Voya Investment Management LLC10,355$1.25M0.00%−625−5.7%Reduced
Canada Pension Plan Investment Board10,100$1.22M0.00%−900−8.2%Reduced
NJ State Employees Deferred Compensation Plan10,000$1.21M0.15%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.9,937$1.20M0.06%+1,304+15.1%Added
PYA Waltman Capital, LLC9,577$1.16M0.60%00.0%Unchanged
FIL Ltd9,200$1.11M0.00%+9,200New
Exane Derivatives9,007$1.09M0.27%+9,007New
MetLife Investment Management8,967$1.09M0.01%−685−7.1%Reduced
State of Tennessee, Treasury Department8,867$1.07M0.00%00.0%Unchanged
Susquehanna International Group, LLP8,591$1.04M0.00%+8,591New
Employees Retirement System of Texas8,400$1.02M0.01%−3,000−26.3%Reduced
Bank of Montreal8,379$1.01M0.00%−2,169−20.6%Reduced
The PNC Financial Services Group, Inc.8,292$1.00M0.00%−259−3.0%Reduced
Handelsbanken Fonder AB8,137$985.0K0.00%00.0%Unchanged
M&T Bank Corp8,070$978.0K0.00%+311+4.0%Added
Teachers Retirement System of the State of Kentucky7,799$944.0K0.01%00.0%Unchanged
Boston Partners7,703$933.0K0.00%00.0%Unchanged
Arizona State Retirement System7,294$883.0K0.01%−147−2.0%Reduced
Toth Financial Advisory Corp7,225$875.0K0.12%+7,225New
Metropolitan Life Insurance Co6,723$814.1K0.01%−508−7.0%Reduced
ProShare Advisors LLC6,706$812.0K0.00%+2,522+60.3%Added
Ergoteles LLC6,545$793.0K0.03%+3,757+134.8%Added
Price T Rowe Associates Inc6,423$778.0K0.00%−867−11.9%Reduced
Public Employees Retirement Association of Colorado6,337$767.0K0.00%00.0%Unchanged
Janney Montgomery Scott LLC6,318$765.0K0.00%+507+8.7%Added
Synovus Financial Corp5,871$707.0K0.01%−74−1.2%Reduced
Private Trust Co NA5,826$705.0K0.10%−821−12.4%Reduced
Brown Advisory Inc5,688$689.0K0.00%+5,688New
Janus Henderson Group PLC5,581$676.0K0.00%+2,806+101.1%Added
Algert Global LLC5,520$668.0K0.08%+2,080+60.5%Added
HSBC Holdings PLC5,500$666.0K0.00%+1,212+28.3%Added
LPL Financial LLC5,491$665.0K0.00%+2,278+70.9%Added
Keybank National Association5,455$661.0K0.00%−1,415−20.6%Reduced
Teacher Retirement System of Texas5,248$635.0K0.00%+823+18.6%Added
Pitcairn Co5,238$634.0K0.04%−147−2.7%Reduced
American Century Companies Inc5,196$629.0K0.00%+567+12.2%Added
Toronto Dominion Bank5,100$618.0K0.00%+5,100New
JB Capital LLC5,069$613.9K0.06%+1,318+35.1%Added
US Bancorp4,861$589.0K0.00%−395−7.5%Reduced
Everence Capital Management Inc4,620$559.0K0.04%00.0%Unchanged
Dynamic Technology Lab Private Ltd4,301$521.0K0.06%+4,301New
PEAK6 Investments LLC4,277$518.0K0.01%+4,277New
Lido Advisors, LLC4,052$490.0K0.01%+1,240+44.1%Added
L & S Advisors Inc4,000$484.0K0.05%+4,000New
Cim Investment Mangement Inc3,815$462.0K0.14%00.0%Unchanged
Avantax Advisory Services, Inc.3,714$450.0K0.01%−197−5.0%Reduced
Mutual of America Capital Management LLC3,683$446.0K0.00%+70+1.9%Added
AQR Capital Management LLC3,621$438.0K0.00%+7+0.2%Added
ExodusPoint Capital Management, LP3,573$433.0K0.01%+3,573New
Winton Group Ltd3,428$415.0K0.03%+3,428New
Radnor Capital Management, LLC3,310$401.0K0.10%+3,310New
Zurcher Kantonalbank (Zurich Cantonalbank)3,268$396.0K0.00%+504+18.2%Added
Advisor Group Holdings, Inc.2,996$363.0K0.00%−175−5.5%Reduced
Wesbanco Bank Inc3,000$363.0K0.01%00.0%Unchanged
Pathstone Family Office, LLC3,000$363.0K0.01%00.0%Unchanged
Fractal Investments LLC3,001$363.0K0.13%+3,001New
Clifford Capital Partners LLC2,789$338.0K0.25%−2,720−49.4%Reduced
Meritage Portfolio Management2,752$333.0K0.02%+142+5.4%Added
Graham Capital Management, L.P.2,738$331.0K0.02%+2,738New
Banque Pictet & Cie SA2,728$330.0K0.00%+2,728New
Profund Advisors LLC2,480$300.0K0.01%−146−5.6%Reduced
Steward Partners Investment Advisory, LLC2,479$300.0K0.00%+2,457+11,168.2%Added
Balyasny Asset Management LLC2,415$292.0K0.00%+2,415New
Crossmark Global Holdings, Inc.2,330$282.0K0.01%−2,440−51.2%Reduced
Gsa Capital Partners LLP2,247$272.0K0.03%+2,247New
Jefferies Group LLC2,142$259.4K0.00%+2,142New
Ameritas Investment Partners, Inc.2,084$252.0K0.01%00.0%Unchanged
Anchor Investment Management, LLC2,075$251.3K0.03%−51−2.4%Reduced
Glenmede Trust Co NA1,993$241.0K0.00%−1,126−36.1%Reduced
Comprehensive Financial Consultants Institutional, Inc.2,201$227.0K0.15%+2,201New
Mercer Global Advisors Inc1,857$225.0K0.00%+1,857New
Shelton Capital Management1,722$209.0K0.01%+1,722New
Aristides Capital LLC1,716$208.0K0.12%+1,716New
Pictet Asset Management SA1,681$204.0K0.00%+1,681New
Nisa Investment Advisors, LLC1,620$172.0K0.00%00.0%Unchanged
Huntington National Bank1,326$161.0K0.00%00.0%Unchanged
Bollard Group LLC1,210$147.0K0.00%00.0%Unchanged
Eaton Vance Management997$121.0K0.00%+127+14.6%Added
Harel Insurance Investments & Financial Services Ltd.919$111.0K0.00%+45+5.1%Added
State of Wyoming713$86.0K0.04%+713New
Northwestern Mutual Wealth Management Co651$79.0K0.00%+4+0.6%Added