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 2023
Institutional positions in Forward Air Corp as of Mar 31, 2023. 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
- 259
- −15 vs. Q4 2022
- Shares held
- 26.2M
- +261.3K (+1.0%) vs. Q4 2022
- Total value
- $2.82B
- +$107.0M (+3.9%) vs. Q4 2022
- New holders
- 30
- 82 more added
- Sold out
- 45
- 106 more reduced
2 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 187 | $412.0M |
| Q1 2026 | 193 | $493.0M |
| Q4 2025 | 202 | $744.6M |
| Q3 2025 | 202 | $886.8M |
| Q2 2025 | 181 | $812.5M |
| Q1 2025 | 195 | $671.9M |
| Q4 2024 | 211 | $1.07B |
| Q3 2024 | 208 | $1.18B |
| Q2 2024 | 192 | $637.0M |
| Q1 2024 | 226 | $980.7M |
| Q4 2023 | 264 | $1.68B |
| Q3 2023 | 252 | $1.76B |
| Q2 2023 | 245 | $2.68B |
| Q1 2023 | 259 | $2.82B |
| Q4 2022 | 276 | $2.72B |
| Q3 2022 | 247 | $2.41B |
| Q2 2022 | 247 | $2.46B |
| Q1 2022 | 246 | $2.57B |
| Q4 2021 | 240 | $3.20B |
| Q3 2021 | 216 | $2.20B |
| Q2 2021 | 220 | $2.39B |
| Q1 2021 | 206 | $2.38B |
Institutions, Q1 2023
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q4 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 4,066,598 | $438.2M | 0.01% | −176,751−4.2% | Reduced |
| Vanguard Group Inc | 3,068,597 | $330.7M | 0.01% | +43,087+1.4% | Added |
| Neuberger Berman Group LLC | 1,518,110 | $163.6M | 0.15% | +142,750+10.4% | Added |
| ArrowMark Colorado Holdings LLC | 1,229,373 | $132.5M | 1.51% | +36,829+3.1% | Added |
| Silvercrest Asset Management Group LLC | 1,166,484 | $125.7M | 0.95% | −25,348−2.1% | Reduced |
| Thrivent Financial for Lutherans | 1,142,575 | $123.1M | 0.30% | +352,776+44.7% | Added |
| Clearbridge Investments, LLC | 985,439 | $106.2M | 0.10% | −123,999−11.2% | Reduced |
| State Street Corp | 971,879 | $104.7M | 0.01% | +3,324+0.3% | Added |
| Morgan Stanley | 807,650 | $87.0M | 0.01% | −13,788−1.7% | Reduced |
| Dimensional Fund Advisors LP | 780,777 | $84.1M | 0.03% | +4,708+0.6% | Added |
| Ameriprise Financial Inc | 775,947 | $83.6M | 0.03% | +228,137+41.6% | Added |
| Royce & Associates LP | 757,049 | $81.6M | 0.82% | −127,601−14.4% | Reduced |
| Victory Capital Management Inc | 749,582 | $80.8M | 0.09% | +38,342+5.4% | Added |
| Geode Capital Management, LLC | 561,887 | $60.5M | 0.01% | +5,785+1.0% | Added |
| Northern Trust Corp | 374,687 | $40.4M | 0.01% | +11,168+3.1% | Added |
| FMR LLC | 348,414 | $37.5M | 0.00% | +292,339+521.3% | Added |
| Charles Schwab Investment Management Inc | 329,672 | $35.5M | 0.01% | +4,360+1.3% | Added |
| Vulcan Value Partners, LLC | 292,427 | $31.5M | 0.40% | +65,358+28.8% | Added |
| Norges Bank | 282,753 | $30.5M | 0.01% | −35,183−11.1% | Reduced |
| Bank of New York Mellon Corp | 281,212 | $30.3M | 0.01% | −7,096−2.5% | Reduced |
| Boston Trust Walden Corp | 272,002 | $29.3M | 0.25% | +8,137+3.1% | Added |
| Nuveen Asset Management, LLC | 239,787 | $25.8M | 0.01% | −55,406−18.8% | Reduced |
| Emerald Advisers, LLC | 208,235 | $22.4M | 1.08% | −2,998−1.4% | Reduced |
| Loomis Sayles & Co L P | 196,594 | $21.2M | 0.04% | −112−0.1% | Reduced |
| Pacer Advisors, Inc. | 181,610 | $19.6M | 0.08% | +50,102+38.1% | Added |
| Emerald Mutual Fund Advisers Trust | 172,183 | $18.6M | 1.10% | 00.0% | Unchanged |
| Principal Financial Group Inc | 165,318 | $17.8M | 0.01% | −4,614−2.7% | Reduced |
| Tributary Capital Management, LLC | 160,084 | $17.3M | 1.60% | −28,898−15.3% | Reduced |
| UBS Asset Management Americas Inc | 156,581 | $16.9M | 0.01% | +461+0.3% | Added |
| Cardinal Capital Management LLC | 147,007 | $15.8M | 0.56% | −48,071−24.6% | Reduced |
| Bank of America Corp | 138,347 | $14.9M | 0.00% | +3,165+2.3% | Added |
| Fort Washington Investment Advisors Inc | 126,178 | $13.6M | 0.10% | +24,786+24.4% | Added |
| Ceredex Value Advisors LLC | 118,800 | $12.8M | 0.20% | +118,800 | New |
| Driehaus Capital Management LLC | 116,360 | $12.5M | 0.18% | −47,648−29.1% | Reduced |
| Invesco Ltd. | 106,420 | $11.5M | 0.00% | −1,711−1.6% | Reduced |
| Scout Investments, Inc. | 97,676 | $10.5M | 0.21% | −1,106−1.1% | Reduced |
| Credit Suisse AG | 97,584 | $10.5M | 0.01% | +10,098+11.5% | Added |
| River Road Asset Management, LLC | 94,545 | $10.2M | 0.14% | +94,545 | New |
| Weiss Multi-Strategy Advisers LLC | 92,326 | $9.95M | 0.24% | −56,497−38.0% | Reduced |
| JPMorgan Chase & Co | 80,642 | $8.69M | 0.00% | +4,892+6.5% | Added |
| Rhumbline Advisers | 79,895 | $8.61M | 0.01% | +3,863+5.1% | Added |
| Legal & General Group Plc | 77,585 | $8.36M | 0.00% | −581−0.7% | Reduced |
| Goldman Sachs Group Inc | 76,323 | $8.22M | 0.00% | −10,152−11.7% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 74,033 | $7.98M | 0.03% | +2,193+3.1% | Added |
| American Capital Management Inc | 64,213 | $6.92M | 0.24% | −312−0.5% | Reduced |
| Marks Group Wealth Management, Inc | 63,531 | $6.85M | 0.87% | +383+0.6% | Added |
| First Trust Advisors LP | 62,857 | $6.77M | 0.01% | −4,126−6.2% | Reduced |
| Running Oak Capital LLC | 62,713 | $6.76M | 1.93% | −876−1.4% | Reduced |
| New York State Teachers Retirement System | 59,506 | $6.41M | 0.02% | −891−1.5% | Reduced |
| Swiss National Bank | 57,400 | $6.19M | 0.00% | −7,400−11.4% | Reduced |
| Profit Investment Management, LLC | 53,047 | $5.72M | 3.78% | 00.0% | Unchanged |
| Confluence Investment Management LLC | 52,737 | $5.68M | 0.08% | −1,406−2.6% | Reduced |
| Renaissance Technologies LLC | 51,339 | $5.53M | 0.01% | −62,200−54.8% | Reduced |
| Raymond James & Associates | 48,557 | $5.23M | 0.00% | −33,618−40.9% | Reduced |
| Public Employees Retirement System of Ohio | 47,958 | $5.17M | 0.02% | +20.0% | Added |
| Public Sector Pension Investment Board | 46,766 | $5.04M | 0.04% | −1,609−3.3% | Reduced |
| Raymond James Financial Services Advisors, Inc. | 44,107 | $4.75M | 0.01% | −1,327−2.9% | Reduced |
| Advantage Alpha Capital Partners LP | 43,094 | $4.64M | 0.97% | +43,094 | New |
| Walleye Capital LLC | 42,083 | $4.53M | 0.09% | +37,254+771.5% | Added |
| Envestnet Asset Management Inc | 41,141 | $4.43M | 0.00% | +5,422+15.2% | Added |
| Aptus Capital Advisors, LLC | 40,321 | $4.34M | 0.12% | −1,908−4.5% | Reduced |
| RBA Wealth Management, LLC | 38,924 | $4.19M | 2.09% | +1,199+3.2% | Added |
| Segall Bryant & Hamill, LLC | 38,872 | $4.19M | 0.05% | −368−0.9% | Reduced |
| Alliancebernstein L.P. | 36,705 | $3.96M | 0.00% | −3,925−9.7% | Reduced |
| UBS Group AG | 36,514 | $3.93M | 0.00% | +7,985+28.0% | Added |
| Man Group plc | – | $3.78M | 0.01% | – | – |
| California State Teachers Retirement System | 33,362 | $3.60M | 0.01% | −735−2.2% | Reduced |
| Miller Howard Investments Inc | 31,834 | $3.43M | 0.12% | +372+1.2% | Added |
| Great West Life Assurance Co | 30,313 | $3.26M | 0.01% | −1,663−5.2% | Reduced |
| STRS Ohio | 30,300 | $3.26M | 0.00% | +19,900+191.3% | Added |
| Natixis Advisors, L.P. | 30,113 | $3.25M | 0.01% | −405−1.3% | Reduced |
| Chatham Capital Group, Inc. | 28,737 | $3.10M | 0.69% | −531−1.8% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 28,154 | $3.03M | 0.03% | −303−1.1% | Reduced |
| Prudential Financial Inc | 27,448 | $2.96M | 0.00% | −1,129−4.0% | Reduced |
| Cardinal Capital Management | 26,331 | $2.84M | 0.59% | −72−0.3% | Reduced |
| Wells Fargo & Company | 26,083 | $2.81M | 0.00% | +1,359+5.5% | Added |
| Texas Permanent School Fund | 23,846 | $2.57M | 0.03% | +5,970+33.4% | Added |
| Cambiar Investors LLC | 23,696 | $2.55M | 0.11% | −94−0.4% | Reduced |
| TD Asset Management Inc | 22,700 | $2.45M | 0.00% | 00.0% | Unchanged |
| State of New Jersey Common Pension Fund D | 22,443 | $2.42M | 0.01% | +1,532+7.3% | Added |
| Isthmus Partners, LLC | 22,401 | $2.41M | 0.34% | +483+2.2% | Added |
| Janus Henderson Group PLC | 21,492 | $2.32M | 0.00% | +16,710+349.4% | Added |
| Premier Fund Managers Ltd | 21,683 | $2.27M | 0.09% | −35,588−62.1% | Reduced |
| Martingale Asset Management L P | 20,424 | $2.20M | 0.04% | −690−3.3% | Reduced |
| Deutsche Bank AG | 19,474 | $2.10M | 0.00% | +5,311+37.5% | Added |
| First National Bank of Omaha | 18,484 | $1.99M | 0.12% | −5,477−22.9% | Reduced |
| State of Alaska, Department of Revenue | 18,208 | $1.96M | 0.02% | −310−1.7% | Reduced |
| SEI Investments Co | 18,149 | $1.96M | 0.00% | +5,978+49.1% | Added |
| BNP Paribas Arbitrage, SA | 17,422 | $1.88M | 0.00% | +10,825+164.1% | Added |
| M&T Bank Corp | 17,256 | $1.86M | 0.01% | +2,443+16.5% | Added |
| Renaissance Group LLC | 16,964 | $1.83M | 0.08% | +1,293+8.3% | Added |
| State of Tennessee, Treasury Department | 16,369 | $1.76M | 0.01% | −8,592−34.4% | Reduced |
| Northwest Investment Counselors, LLC | 16,309 | $1.76M | 0.49% | −1,160−6.6% | Reduced |
| Citigroup Inc | 16,207 | $1.75M | 0.00% | −2,481−13.3% | Reduced |
| Royal Bank of Canada | 15,906 | $1.71M | 0.00% | +8,548+116.2% | Added |
| Millennium Management LLC | 15,604 | $1.68M | 0.00% | +154+1.0% | Added |
| Yousif Capital Management, LLC | 15,536 | $1.67M | 0.02% | −1,970−11.3% | Reduced |
| American Century Companies Inc | 15,494 | $1.62M | 0.00% | +3,908+33.7% | Added |
| Susquehanna International Group, LLP | 14,829 | $1.60M | 0.00% | +4,824+48.2% | Added |
| American International Group, Inc. | 14,660 | $1.58M | 0.01% | +68+0.5% | Added |