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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 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
26.0M
+66.9K (+0.3%) vs. Q4 2022
Total value
$2.80B
+$85.4M (+3.1%) vs. Q4 2022
New holders
30
81 more added
Sold out
45
107 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.

Institutional holdersQ1 2023: 259 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 2023: $2.80B
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 2023

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q4 2022.

Institutions holding FWRD in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Avion Wealth5$00.00%+5New
Silicon Valley Capital Partners0$410.00%0Unchanged
Tfo-TDC, LLC1$1080.00%−1,948−99.9%Reduced
AdvisorNet Financial, Inc5$5390.00%−2−28.6%Reduced
Ameritas Advisory Services, LLC5$5520.00%+5New
Disciplined Investments, LLC6$6470.00%00.0%Unchanged
SJS Investment Consulting Inc.7$7550.00%−2−22.2%Reduced
Manchester Capital Management LLC9$9700.00%00.0%Unchanged
Hexagon Capital Partners LLC13$1.40K0.00%−3−18.8%Reduced
Baker Avenue Asset Management, LP13$1.40K0.00%00.0%Unchanged
Schubert & Co15$1.62K0.00%−2−11.8%Reduced
Spire Wealth Management17$1.83K0.00%+5+41.7%Added
Global Retirement Partners, LLC19$1.88K0.00%00.0%Unchanged
Simplex Trading, LLC24$2.00K0.00%−220−90.2%Reduced
Farmers & Merchants Investments Inc20$2.15K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC21$2.26K0.00%+2+10.5%Added
IFP Advisors, Inc41$2.47K0.00%00.0%Unchanged
Allworth Financial LP24$2.59K0.00%00.0%Unchanged
Massmutual Trust Co FSB26$2.80K0.00%00.0%Unchanged
Bell Investment Advisors, Inc37$3.99K0.00%−5−11.9%Reduced
Ronald Blue Trust, Inc.39$4.00K0.00%+39New
Harbour Investments, Inc.40$4.31K0.00%+40New
Lindbrook Capital, LLC45$4.85K0.00%00.0%Unchanged
Federated Hermes, Inc.51$5.50K0.00%+51New
Farther Finance Advisors, LLC54$5.82K0.00%00.0%Unchanged
Private Trust Co NA55$5.93K0.00%−13−19.1%Reduced
TCI Wealth Advisors, Inc.60$6.47K0.00%00.0%Unchanged
KB Financial Partners, LLC69$7.00K0.00%+10+16.9%Added
McIlrath & Eck, LLC70$7.54K0.00%00.0%Unchanged
Parkside Financial Bank & Trust92$9.91K0.00%00.0%Unchanged
WR Wealth Planners, LLC92$9.91K0.00%+92New
Fifth Third Bancorp95$10.2K0.00%00.0%Unchanged
Rosenberg Matthew Hamilton100$10.8K0.00%00.0%Unchanged
Citadel Advisors LLC115$12.4K0.00%−30,053−99.6%Reduced
Larson Financial Group LLC116$12.5K0.00%00.0%Unchanged
Parallel Advisors, LLC137$14.8K0.00%+5+3.8%Added
Bessemer Group Inc139$15.0K0.00%00.0%Unchanged
Contravisory Investment Management, Inc.146$15.7K0.00%+97+198.0%Added
Belpointe Asset Management LLC151$16.3K0.00%−6−3.8%Reduced
Pinebridge Investments, L.P.209$22.5K0.00%00.0%Unchanged
Park Place Capital Corp277$29.9K0.01%00.0%Unchanged
Advisory Services Network, LLC287$30.9K0.00%−4−1.4%Reduced
Proequities, Inc.290$31.3K0.00%−23−7.3%Reduced
Exchange Traded Concepts, LLC323$34.8K0.00%+323New
Signaturefd, LLC336$36.2K0.00%+87+34.9%Added
CWM, LLC396$43.0K0.00%−84−17.5%Reduced
Umb Bank N A420$45.3K0.00%−45−9.7%Reduced
EverSource Wealth Advisors, LLC430$46.3K0.01%−12−2.7%Reduced
Nalls Sherbakoff Group, LLC500$52.4K0.05%+500New
First Horizon Advisors, Inc.630$67.9K0.00%−44−6.5%Reduced
Northwestern Mutual Wealth Management Co636$68.5K0.00%+5+0.8%Added
Steward Partners Investment Advisory, LLC675$72.7K0.00%−29−4.1%Reduced
Lazard Asset Management LLC733$78.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)761$82.0K0.00%+441+137.8%Added
Quadrant Capital Group LLC1,054$113.6K0.01%+39+3.8%Added
Dark Forest Capital Management LP1,147$123.6K0.03%+945+467.8%Added
Covestor Ltd1,247$134.0K0.12%+442+54.9%Added
Vestcor Inc1,280$138.0K0.01%00.0%Unchanged
State of Wyoming1,325$142.8K0.05%+1,325New
Metropolitan Life Insurance Co1,432$154.3K0.01%−220−13.3%Reduced
Nisa Investment Advisors, LLC1,609$173.0K0.00%−230−12.5%Reduced
Huntington National Bank1,630$175.7K0.00%+290+21.6%Added
Quantamental Technologies LLC1,890$203.7K0.11%+1,890New
Dakota Wealth Management1,907$205.5K0.01%+1,907New
CI Private Wealth, LLC1,954$210.6K0.00%+1,954New
Glenmede Trust Co NA1,990$214.4K0.00%+1,990New
Stephens Inc2,059$221.9K0.00%+2,059New
Ameritas Investment Partners, Inc.2,084$224.6K0.01%00.0%Unchanged
Acrisure Capital Management, LLC2,094$225.6K0.23%−541−20.5%Reduced
Centiva Capital, LP2,104$226.7K0.01%+2,104New
KBC Group NV2,126$229.0K0.00%−141−6.2%Reduced
Commonwealth Equity Services, LLC2,257$243.0K0.00%+64+2.9%Added
Guggenheim Capital LLC2,267$244.3K0.00%+293+14.8%Added
CIBC World Markets Inc.2,353$254.0K0.00%−23,300−90.8%Reduced
Stifel Financial Corp2,519$271.5K0.00%−47−1.8%Reduced
Anchor Investment Management, LLC2,530$272.6K0.04%00.0%Unchanged
Arrowstreet Capital, Limited Partnership2,545$274.0K0.00%00.0%Unchanged
CWM Advisors, LLC2,592$279.3K0.04%−108−4.0%Reduced
Advisor Group Holdings, Inc.2,627$283.1K0.00%−453−14.7%Reduced
Mariner, LLC2,699$291.0K0.00%−186−6.4%Reduced
CAPROCK Group, Inc.2,869$309.2K0.02%+2,869New
O'Shaughnessy Asset Management, LLC3,023$325.8K0.01%+649+27.3%Added
Meritage Portfolio Management3,085$332.0K0.02%−105−3.3%Reduced
Harel Insurance Investments & Financial Services Ltd.3,240$342.0K0.01%+1,664+105.6%Added
Keybank National Association3,200$344.8K0.00%−235−6.8%Reduced
Radnor Capital Management, LLC3,210$346.0K0.09%00.0%Unchanged
SageView Advisory Group, LLC3,278$353.2K0.02%+17+0.5%Added
Pictet Asset Management SA3,323$358.1K0.00%00.0%Unchanged
State of Wisconsin Investment Board3,348$360.8K0.00%+10.0%Added
JustInvest LLC3,378$364.0K0.01%+3,378New
Balyasny Asset Management LLC3,426$369.2K0.00%+3,426New
Janney Montgomery Scott LLC3,429$370.0K0.00%−1,118−24.6%Reduced
Cim Investment Mangement Inc3,541$381.6K0.14%+122+3.6%Added
Amundi3,701$384.4K0.00%+3,701New
Zurcher Kantonalbank (Zurich Cantonalbank)3,755$404.6K0.00%+499+15.3%Added
AdvisorShares Investments LLC3,818$411.4K0.13%−42−1.1%Reduced
Russell Investments Group, Ltd.3,832$412.9K0.00%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.3,898$420.0K0.03%−4,459−53.4%Reduced
Y-Intercept (Hong Kong) Ltd3,976$428.5K0.05%−148−3.6%Reduced
ProShare Advisors LLC4,026$433.8K0.00%−209−4.9%Reduced