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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
New York State Common Retirement Fund14,130$1.52M0.00%−5,270−27.2%Reduced
MetLife Investment Management13,970$1.51M0.01%00.0%Unchanged
Barclays PLC13,638$1.47M0.00%−14,986−52.4%Reduced
Aviva PLC13,516$1.46M0.01%+4,198+45.1%Added
SG Americas Securities, LLC13,424$1.45M0.02%+7,105+112.4%Added
Susquehanna Fundamental Investments, LLC13,270$1.43M0.03%00.0%Unchanged
Logan Capital Management Inc12,637$1.36M0.07%−871−6.4%Reduced
Louisiana State Employees Retirement System12,400$1.34M0.03%−200−1.6%Reduced
Amalgamated Bank12,274$1.32M0.01%−812−6.2%Reduced
Creative Planning11,763$1.27M0.00%+1,064+9.9%Added
Mirae Asset Global Investments Co., Ltd.11,700$1.26M0.00%+178+1.5%Added
Teacher Retirement System of Texas11,199$1.21M0.01%−4,100−26.8%Reduced
Alps Advisors Inc10,966$1.18M0.01%+690+6.7%Added
Price T Rowe Associates Inc10,849$1.17M0.00%+1,307+13.7%Added
Panagora Asset Management Inc10,802$1.16M0.01%−21,909−67.0%Reduced
Maryland State Retirement & Pension System10,708$1.15M0.03%−238−2.2%Reduced
Manufacturers Life Insurance Company, The10,679$1.15M0.00%+45+0.4%Added
State Board of Administration of Florida Retirement System10,468$1.13M0.00%00.0%Unchanged
Voya Investment Management LLC10,248$1.10M0.00%−48−0.5%Reduced
STRS Ohio10,100$1.09M0.00%−300−2.9%Reduced
NJ State Employees Deferred Compensation Plan10,000$1.08M0.17%00.0%Unchanged
Ensign Peak Advisors, Inc9,608$1.04M0.00%+600+6.7%Added
PYA Waltman Capital, LLC9,577$1.03M0.51%00.0%Unchanged
Vident Investment Advisory, LLC9,562$1.03M0.03%+9,562New
Algert Global LLC9,297$1.00M0.05%+1,029+12.4%Added
Gotham Asset Management, LLC9,202$991.6K0.02%+134+1.5%Added
Winton Group Ltd9,191$990.4K0.06%+1,681+22.4%Added
Oregon Public Employees Retirement Fund8,531$919.3K0.01%−307−3.5%Reduced
Teachers Retirement System of the State of Kentucky8,284$892.0K0.01%00.0%Unchanged
Arizona State Retirement System7,704$830.2K0.01%+128+1.7%Added
ClariVest Asset Management LLC7,654$824.0K0.04%−7,702−50.2%Reduced
LPL Financial LLC7,348$791.8K0.00%−181−2.4%Reduced
Boston Partners7,137$769.1K0.00%−1,150−13.9%Reduced
Gsa Capital Partners LLP6,807$734.0K0.07%+6,807New
Tudor Investment Corp Et Al6,527$703.0K0.01%+6,527New
Azzad Asset Management Inc5,962$642.4K0.09%−782−11.6%Reduced
Ergoteles LLC5,653$609.2K0.02%−11,465−67.0%Reduced
The PNC Financial Services Group, Inc.5,570$600.3K0.00%−429−7.2%Reduced
AQR Capital Management LLC5,556$598.7K0.00%−900−13.9%Reduced
Mutual of America Capital Management LLC5,475$590.0K0.01%−98−1.8%Reduced
Livforsakringsbolaget Skandia, Omsesidigt5,300$570.4K0.06%00.0%Unchanged
Toroso Investments, LLC5,072$547.0K0.02%+5,072New
Public Employees Retirement Association of Colorado5,031$542.0K0.00%00.0%Unchanged
Virginia Retirement Systems Et Al4,900$528.0K0.01%+4,900New
Crossmark Global Holdings, Inc.4,876$526.0K0.01%+180+3.8%Added
Pitcairn Co4,873$525.1K0.05%−375−7.1%Reduced
Handelsbanken Fonder AB4,737$510.0K0.00%00.0%Unchanged
US Bancorp4,691$505.5K0.00%−362−7.2%Reduced
Hancock Whitney Corp4,674$503.0K0.02%+4,674New
Jane Street Group, LLC4,662$502.4K0.00%+1,648+54.7%Added
HRT Financial LP4,664$502.0K0.01%−21,685−82.3%Reduced
Bank of Montreal4,592$497.4K0.00%+895+24.2%Added
Everence Capital Management Inc4,570$492.0K0.04%−1,160−20.2%Reduced
New York Life Investment Management LLC4,503$485.2K0.01%+4,503New
Walleye Trading LLC4,421$476.4K0.02%−559−11.2%Reduced
Synovus Financial Corp4,260$459.1K0.01%−544−11.3%Reduced
Pearl River Capital, LLC4,259$458.9K0.07%+70+1.7%Added
Pathstone Family Office, LLC4,087$441.8K0.01%−1,025−20.1%Reduced
ProShare Advisors LLC4,026$433.8K0.00%−209−4.9%Reduced
Y-Intercept (Hong Kong) Ltd3,976$428.5K0.05%−148−3.6%Reduced
Hennion & Walsh Asset Management, Inc.3,898$420.0K0.03%−4,459−53.4%Reduced
Russell Investments Group, Ltd.3,832$412.9K0.00%00.0%Unchanged
AdvisorShares Investments LLC3,818$411.4K0.13%−42−1.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)3,755$404.6K0.00%+499+15.3%Added
Amundi3,701$384.4K0.00%+3,701New
Cim Investment Mangement Inc3,541$381.6K0.14%+122+3.6%Added
Janney Montgomery Scott LLC3,429$370.0K0.00%−1,118−24.6%Reduced
Balyasny Asset Management LLC3,426$369.2K0.00%+3,426New
JustInvest LLC3,378$364.0K0.01%+3,378New
State of Wisconsin Investment Board3,348$360.8K0.00%+10.0%Added
Pictet Asset Management SA3,323$358.1K0.00%00.0%Unchanged
SageView Advisory Group, LLC3,278$353.2K0.02%+17+0.5%Added
Radnor Capital Management, LLC3,210$346.0K0.09%00.0%Unchanged
Keybank National Association3,200$344.8K0.00%−235−6.8%Reduced
Harel Insurance Investments & Financial Services Ltd.3,240$342.0K0.01%+1,664+105.6%Added
Meritage Portfolio Management3,085$332.0K0.02%−105−3.3%Reduced
O'Shaughnessy Asset Management, LLC3,023$325.8K0.01%+649+27.3%Added
CAPROCK Group, Inc.2,869$309.2K0.02%+2,869New
Mariner, LLC2,699$291.0K0.00%−186−6.4%Reduced
Advisor Group Holdings, Inc.2,627$283.1K0.00%−453−14.7%Reduced
CWM Advisors, LLC2,592$279.3K0.04%−108−4.0%Reduced
Arrowstreet Capital, Limited Partnership2,545$274.0K0.00%00.0%Unchanged
Anchor Investment Management, LLC2,530$272.6K0.04%00.0%Unchanged
Stifel Financial Corp2,519$271.5K0.00%−47−1.8%Reduced
CIBC World Markets Inc.2,353$254.0K0.00%−23,300−90.8%Reduced
Guggenheim Capital LLC2,267$244.3K0.00%+293+14.8%Added
Commonwealth Equity Services, LLC2,257$243.0K0.00%+64+2.9%Added
KBC Group NV2,126$229.0K0.00%−141−6.2%Reduced
Centiva Capital, LP2,104$226.7K0.01%+2,104New
Acrisure Capital Management, LLC2,094$225.6K0.23%−541−20.5%Reduced
Ameritas Investment Partners, Inc.2,084$224.6K0.01%00.0%Unchanged
Stephens Inc2,059$221.9K0.00%+2,059New
Glenmede Trust Co NA1,990$214.4K0.00%+1,990New
CI Private Wealth, LLC1,954$210.6K0.00%+1,954New
Dakota Wealth Management1,907$205.5K0.01%+1,907New
Quantamental Technologies LLC1,890$203.7K0.11%+1,890New
Huntington National Bank1,630$175.7K0.00%+290+21.6%Added
Nisa Investment Advisors, LLC1,609$173.0K0.00%−230−12.5%Reduced
Metropolitan Life Insurance Co1,432$154.3K0.01%−220−13.3%Reduced
State of Wyoming1,325$142.8K0.05%+1,325New