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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 2022

Institutional positions in Forward Air Corp as of Sep 30, 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
+2 vs. Q2 2022
Shares held
26.7M
+76.4K (+0.3%) vs. Q2 2022
Total value
$2.41B
−$43.1M (−1.8%) vs. Q2 2022
New holders
23
104 more added
Sold out
21
80 more reduced

3 institutions that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2022: 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 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 heldQ3 2022: $2.41B
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 2022

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q2 2022.

Institutions holding FWRD in Q3 2022
InstitutionSharesValue% of portfolioChange in sharesAction
LPL Financial LLC6,402$578.0K0.00%+364+6.0%Added
Gsa Capital Partners LLP6,757$610.0K0.08%+2,352+53.4%Added
Hillsdale Investment Management Inc.6,800$614.0K0.06%−3,000−30.6%Reduced
Jefferies Group LLC6,995$631.4K0.02%+3,976+131.7%Added
Arizona State Retirement System7,300$659.0K0.01%−6−0.1%Reduced
Gotham Asset Management, LLC7,315$660.0K0.02%+1,772+32.0%Added
Jane Street Group, LLC7,454$673.0K0.00%−535−6.7%Reduced
AlphaCrest Capital Management LLC7,653$691.0K0.04%−5,547−42.0%Reduced
Winton Group Ltd7,800$704.0K0.05%−4,372−35.9%Reduced
Price T Rowe Associates Inc7,866$710.0K0.00%+1,797+29.6%Added
Boston Partners8,095$731.0K0.00%+162+2.0%Added
Algert Global LLC8,268$746.0K0.05%+8,268New
Teachers Retirement System of the State of Kentucky8,284$748.0K0.01%+8,284New
American Century Companies Inc8,636$779.0K0.00%+968+12.6%Added
AE Wealth Management LLC8,823$796.0K0.01%+8,823New
Oregon Public Employees Retirement Fund8,931$806.0K0.01%00.0%Unchanged
PYA Waltman Capital, LLC9,577$864.0K0.51%00.0%Unchanged
Alps Advisors Inc9,606$867.0K0.01%+9,606New
Hennion & Walsh Asset Management, Inc.9,693$875.0K0.06%−405−4.0%Reduced
NJ State Employees Deferred Compensation Plan10,000$903.0K0.15%00.0%Unchanged
Bank of Montreal10,010$935.0K0.00%+6,179+161.3%Added
Voya Investment Management LLC10,496$947.4K0.00%+200+1.9%Added
Manufacturers Life Insurance Company, The10,614$958.0K0.00%−185−1.7%Reduced
State Board of Administration of Florida Retirement System11,038$996.0K0.00%00.0%Unchanged
Ensign Peak Advisors, Inc11,208$1.01M0.00%−740−6.2%Reduced
Mirae Asset Global Investments Co., Ltd.11,341$1.02M0.00%+11,341New
STRS Ohio12,100$1.09M0.01%−400−3.2%Reduced
Susquehanna International Group, LLP12,444$1.12M0.00%+8,884+249.6%Added
Deutsche Bank AG12,712$1.15M0.00%−258,890−95.3%Reduced
Louisiana State Employees Retirement System12,800$1.16M0.03%−200−1.5%Reduced
Natixis13,000$1.17M0.01%+13,000New
Amalgamated Bank13,067$1.18M0.01%+151+1.2%Added
Azzad Asset Management Inc19,267$1.23M0.12%−29−0.2%Reduced
MetLife Investment Management13,970$1.26M0.01%00.0%Unchanged
Jump Financial, LLC14,301$1.29M0.05%−724−4.8%Reduced
American International Group, Inc.14,724$1.33M0.01%+159+1.1%Added
M&T Bank Corp15,092$1.36M0.01%+45+0.3%Added
Logan Capital Management Inc15,380$1.39M0.08%−313−2.0%Reduced
ClariVest Asset Management LLC15,381$1.39M0.07%−43−0.3%Reduced
Citigroup Inc15,424$1.39M0.00%+2,749+21.7%Added
Renaissance Group LLC15,448$1.39M0.07%+504+3.4%Added
Aviva PLC16,366$1.48M0.01%−5,444−25.0%Reduced
SG Americas Securities, LLC16,438$1.48M0.02%−11,361−40.9%Reduced
Susquehanna Fundamental Investments, LLC17,127$1.55M0.03%+17,127New
Teacher Retirement System of Texas17,310$1.56M0.01%+12,888+291.5%Added
Northwest Investment Counselors, LLC17,468$1.58M0.52%−285−1.6%Reduced
State of Alaska, Department of Revenue18,594$1.68M0.02%−1,725−8.5%Reduced
Texas Permanent School Fund19,314$1.74M0.03%−113−0.6%Reduced
New York State Common Retirement Fund19,400$1.75M0.00%−60.0%Reduced
Cambiar Investors LLC20,222$1.82M0.09%−210−1.0%Reduced
Arrowstreet Capital, Limited Partnership20,993$1.90M0.00%−7,154−25.4%Reduced
Martingale Asset Management L P21,219$1.92M0.04%+70+0.3%Added
Yousif Capital Management, LLC21,616$1.95M0.03%−378−1.7%Reduced
Barclays PLC21,733$1.96M0.00%+11,828+119.4%Added
State of Tennessee, Treasury Department21,756$1.96M0.01%+11,305+108.2%Added
Isthmus Partners, LLC21,833$1.97M0.34%+908+4.3%Added
D. E. Shaw & Co., Inc.22,305$2.01M0.00%−3,396−13.2%Reduced
Comerica Bank20,976$2.08M0.02%−2,308−9.9%Reduced
State of New Jersey Common Pension Fund D23,212$2.10M0.01%−2,411−9.4%Reduced
Credit Suisse AG23,489$2.12M0.00%+701+3.1%Added
First National Bank of Omaha24,302$2.19M0.14%+3,059+14.4%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys24,465$2.21M0.02%−22−0.1%Reduced
CIBC World Markets Inc.25,653$2.31M0.01%−500−1.9%Reduced
Wells Fargo & Company25,686$2.32M0.00%−3,345−11.5%Reduced
Cardinal Capital Management26,205$2.37M0.56%+415+1.6%Added
Man Group plc28,194$2.54M0.01%––
Squarepoint Ops LLC28,793$2.60M0.02%−6,164−17.6%Reduced
ExodusPoint Capital Management, LP28,819$2.60M0.04%+21,535+295.6%Added
Chatham Capital Group, Inc.29,318$2.65M0.65%+500+1.7%Added
Natixis Advisors, L.P.29,389$2.65M0.01%+1,930+7.0%Added
Prudential Financial Inc28,996$2.66M0.00%+724+2.6%Added
Miller Howard Investments Inc31,243$2.82M0.12%+734+2.4%Added
Great West Life Assurance Co32,743$2.96M0.01%+6,097+22.9%Added
BNP Paribas Arbitrage, SA33,127$2.99M0.01%+12,931+64.0%Added
California State Teachers Retirement System33,732$3.04M0.01%−773−2.2%Reduced
Voloridge Investment Management, LLC34,248$3.09M0.02%−8,647−20.2%Reduced
TD Asset Management Inc33,700$3.09M0.00%−100−0.3%Reduced
Panagora Asset Management Inc34,340$3.10M0.02%+34,340New
Los Angeles Capital Management LLC34,610$3.12M0.02%+6,479+23.0%Added
Envestnet Asset Management Inc34,947$3.15M0.00%+826+2.4%Added
RBA Wealth Management, LLC36,933$3.33M1.92%+535+1.5%Added
Aptus Capital Advisors, LLC37,734$3.41M0.11%+2,175+6.1%Added
Segall Bryant & Hamill, LLC39,021$3.52M0.04%+2,950+8.2%Added
Alliancebernstein L.P.40,645$3.67M0.00%+34+0.1%Added
Royal Bank of Canada41,506$3.75M0.00%+774+1.9%Added
Public Sector Pension Investment Board49,218$4.44M0.04%−508−1.0%Reduced
FMR LLC50,145$4.53M0.00%−10,875−17.8%Reduced
Profit Investment Management, LLC53,047$4.79M3.66%00.0%Unchanged
Nomura Holdings Inc54,153$4.89M0.05%+54,153New
Public Employees Retirement System of Ohio54,877$4.95M0.02%−99−0.2%Reduced
Citadel Advisors LLC58,030$5.24M0.01%+1,729+3.1%Added
Premier Fund Managers Ltd57,271$5.26M0.39%00.0%Unchanged
Running Oak Capital LLC59,355$5.36M1.85%+59,355New
Confluence Investment Management LLC60,942$5.50M0.09%−5,896−8.8%Reduced
Cubist Systematic Strategies, LLC62,481$5.64M0.04%+9,930+18.9%Added
New York State Teachers Retirement System62,697$5.66M0.01%−400−0.6%Reduced
Marks Group Wealth Management, Inc63,527$5.73M0.87%+1,432+2.3%Added
Swiss National Bank63,700$5.75M0.00%+200+0.3%Added
First Trust Advisors LP66,009$5.96M0.01%+27,396+71.0%Added
Hotchkis & Wiley Capital Management LLC70,230$6.34M0.03%+3,560+5.3%Added