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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, Q1 2022

Institutional positions in Forward Air Corp as of Mar 31, 2022. 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
246
+7 vs. Q4 2021
Shares held
26.3M
−108.0K (−0.4%) vs. Q4 2021
Total value
$2.57B
−$619.7M (−19.4%) vs. Q4 2021
New holders
33
86 more added
Sold out
26
97 more reduced

1 institution that held it in Q4 2021 haven't filed for Q1 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2022: 246 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 heldQ1 2022: $2.57B
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, Q1 2022

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q4 2021.

Institutions holding FWRD in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
American Century Companies Inc5,836$570.0K0.00%+640+12.3%Added
Winton Group Ltd5,953$582.0K0.03%+2,525+73.7%Added
ProShare Advisors LLC5,969$583.0K0.00%−737−11.0%Reduced
D. E. Shaw & Co., Inc.6,113$598.0K0.00%−16,231−72.6%Reduced
The PNC Financial Services Group, Inc.6,383$625.0K0.00%−1,909−23.0%Reduced
Verition Fund Management LLC6,530$639.0K0.01%+6,530New
Azzad Asset Management Inc6,627$648.0K0.09%−3,933−37.2%Reduced
Handelsbanken Fonder AB6,637$649.0K0.00%−1,500−18.4%Reduced
Duality Advisers, LP6,991$684.0K0.07%+6,991New
Toth Financial Advisory Corp7,225$706.0K0.11%00.0%Unchanged
Arizona State Retirement System7,287$713.0K0.01%−7−0.1%Reduced
Teachers Retirement System of the State of Kentucky7,799$763.0K0.01%00.0%Unchanged
Boston Partners7,933$776.0K0.00%+230+3.0%Added
Toronto Dominion Bank8,500$831.0K0.00%+3,400+66.7%Added
Bank of Montreal8,450$857.0K0.00%+71+0.8%Added
HSBC Holdings PLC8,897$872.0K0.00%+3,397+61.8%Added
Exane Derivatives9,005$880.5K0.25%−20.0%Reduced
UBS Group AG9,333$913.0K0.00%−7,376−44.1%Reduced
PYA Waltman Capital, LLC9,577$936.0K0.46%00.0%Unchanged
Hillsdale Investment Management Inc.9,800$958.0K0.06%−1,000−9.3%Reduced
Millennium Management LLC9,805$959.0K0.00%−12,529−56.1%Reduced
Virtue Capital Management, LLC9,976$975.0K0.15%+9,976New
NJ State Employees Deferred Compensation Plan10,000$978.0K0.13%00.0%Unchanged
Algert Global LLC10,060$984.0K0.06%+4,540+82.2%Added
Oregon Public Employees Retirement Fund10,231$1.00M0.01%−200−1.9%Reduced
Hennion & Walsh Asset Management, Inc.10,287$1.01M0.05%+350+3.5%Added
Allspring Global Investments Holdings, LLC10,443$1.02M0.00%−36−0.3%Reduced
Voya Investment Management LLC10,485$1.02M0.00%+130+1.3%Added
Maryland State Retirement & Pension System10,810$1.06M0.03%+63+0.6%Added
Manufacturers Life Insurance Company, The11,077$1.08M0.00%−2,527−18.6%Reduced
State Board of Administration of Florida Retirement System11,178$1.09M0.00%−2,403−17.7%Reduced
Dynamic Technology Lab Private Ltd11,310$1.11M0.13%+7,009+163.0%Added
Voloridge Investment Management, LLC11,467$1.12M0.01%+11,467New
SG Americas Securities, LLC11,863$1.16M0.01%−3,731−23.9%Reduced
Ensign Peak Advisors, Inc11,948$1.17M0.00%00.0%Unchanged
STRS Ohio12,200$1.19M0.00%00.0%Unchanged
AlphaCrest Capital Management LLC12,374$1.21M0.07%−1,558−11.2%Reduced
Renaissance Group LLC12,617$1.23M0.06%+12,617New
Louisiana State Employees Retirement System13,100$1.24M0.03%+100+0.8%Added
Assenagon Asset Management S.A.12,931$1.26M0.00%+12,931New
Amalgamated Bank13,229$1.29M0.01%−735−5.3%Reduced
Amalgamated Financial Corp.13,229$1.29M0.01%+13,229New
CWM Advisors, LLC13,653$1.33M0.15%+937+7.4%Added
MetLife Investment Management13,970$1.37M0.01%+5,003+55.8%Added
M&T Bank Corp14,040$1.37M0.01%+5,970+74.0%Added
State of Tennessee, Treasury Department14,107$1.38M0.01%+5,240+59.1%Added
American International Group, Inc.15,380$1.50M0.01%−944−5.8%Reduced
Qube Research & Technologies Ltd16,119$1.58M0.01%+16,119New
Susquehanna Fundamental Investments, LLC16,483$1.61M0.03%−3,226−16.4%Reduced
Northwest Investment Counselors, LLC17,028$1.67M0.44%+45+0.3%Added
Deutsche Bank AG17,381$1.70M0.00%−1,591−8.4%Reduced
State of Alaska, Department of Revenue18,779$1.84M0.02%−310−1.6%Reduced
Texas Permanent School Fund19,112$1.87M0.03%−409−2.1%Reduced
New York State Common Retirement Fund19,400$1.90M0.00%−227−1.2%Reduced
Logan Capital Management Inc20,234$1.98M0.10%−462−2.2%Reduced
Isthmus Partners, LLC20,558$2.01M0.33%+564+2.8%Added
Martingale Asset Management L P20,549$2.01M0.03%−520−2.5%Reduced
BNP Paribas Arbitrage, SA21,441$2.10M0.00%−5,874−21.5%Reduced
First National Bank of Omaha21,549$2.11M0.11%+60.0%Added
Los Angeles Capital Management LLC22,767$2.23M0.01%+101+0.4%Added
Comerica Bank23,614$2.23M0.02%−293−1.2%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys23,240$2.27M0.02%+2,865+14.1%Added
Barclays PLC23,425$2.29M0.00%−11,622−33.2%Reduced
CIBC World Markets Inc.23,553$2.30M0.01%+23,553New
Great West Life Assurance Co23,426$2.35M0.00%+65+0.3%Added
Citigroup Inc24,107$2.36M0.00%+1,730+7.7%Added
Credit Suisse AG24,390$2.38M0.00%+3,455+16.5%Added
Yousif Capital Management, LLC24,599$2.40M0.03%−240−1.0%Reduced
Cambiar Investors LLC25,016$2.45M0.09%+2,458+10.9%Added
State of New Jersey Common Pension Fund D25,623$2.50M0.01%−1,621−5.9%Reduced
Avalon Investment & Advisory25,821$2.52M0.06%+2,872+12.5%Added
Cardinal Capital Management26,177$2.56M0.52%+745+2.9%Added
Natixis Advisors, L.P.26,639$2.60M0.01%−536−2.0%Reduced
Prudential Financial Inc28,715$2.81M0.00%−543−1.9%Reduced
Chatham Capital Group, Inc.28,758$2.81M0.54%+410+1.4%Added
Miller Howard Investments Inc28,909$2.83M0.10%+1,669+6.1%Added
Citadel Advisors LLC31,518$3.08M0.00%−29,081−48.0%Reduced
Envestnet Asset Management Inc31,523$3.08M0.00%+685+2.2%Added
Cubist Systematic Strategies, LLC33,172$3.24M0.03%+22,736+217.9%Added
TD Asset Management Inc33,800$3.31M0.00%−26,300−43.8%Reduced
Aptus Capital Advisors, LLC34,254$3.35M0.10%+2,275+7.1%Added
California State Teachers Retirement System34,418$3.37M0.00%−3,089−8.2%Reduced
RBA Wealth Management, LLC35,567$3.48M1.67%+351+1.0%Added
Segall Bryant & Hamill, LLC39,833$3.89M0.04%−4,318−9.8%Reduced
Royal Bank of Canada42,251$4.13M0.00%−4,368−9.4%Reduced
Wells Fargo & Company44,136$4.32M0.00%−7,639−14.8%Reduced
Public Sector Pension Investment Board50,314$4.92M0.03%−4,590−8.4%Reduced
Goldman Sachs Group Inc51,266$5.01M0.00%+21,868+74.4%Added
Healthcare of Ontario Pension Plan Trust Fund52,700$5.15M0.02%+52,700New
Weiss Multi-Strategy Advisers LLC54,243$5.30M0.13%+54,243New
Public Employees Retirement System of Ohio55,055$5.38M0.02%−100.0%Reduced
Squarepoint Ops LLC55,799$5.46M0.04%+21,879+64.5%Added
Alliancebernstein L.P.56,391$5.51M0.00%+15,542+38.0%Added
Profit Investment Management, LLC56,416$5.52M3.41%+8,547+17.9%Added
Premier Fund Managers Ltd57,271$5.64M0.20%00.0%Unchanged
Man Group plc60,533$5.92M0.02%−15,826−20.7%Reduced
FMR LLC61,032$5.97M0.00%+22,948+60.3%Added
Marks Group Wealth Management, Inc62,258$6.09M0.77%+3,810+6.5%Added
Hotchkis & Wiley Capital Management LLC62,820$6.14M0.02%+13,225+26.7%Added
Renaissance Technologies LLC63,239$6.18M0.01%+63,239New