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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, Q2 2023

Institutional positions in Forward Air Corp as of Jun 30, 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
245
−14 vs. Q1 2023
Shares held
25.3M
−843.5K (−3.2%) vs. Q1 2023
Total value
$2.68B
−$144.8M (−5.1%) vs. Q1 2023
New holders
21
73 more added
Sold out
35
114 more reduced

Compare with Q1 2023: 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 holdersQ2 2023: 245 institutions
Q1 2021: 206 institutionsQ2 2021: 220 institutionsQ3 2021: 216 institutionsQ4 2021: 240 institutionsQ1 2022: 246 institutionsQ2 2022: 247 institutionsQ3 2022: 247 institutionsQ4 2022: 276 institutionsQ1 2023: 259 institutionsQ2 2023: 245 institutionsQ3 2023: 252 institutionsQ4 2023: 264 institutionsQ1 2024: 226 institutionsQ2 2024: 192 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 heldQ2 2023: $2.68B
Q1 2021: $2.38BQ2 2021: $2.39BQ3 2021: $2.20BQ4 2021: $3.20BQ1 2022: $2.57BQ2 2022: $2.46BQ3 2022: $2.41BQ4 2022: $2.72BQ1 2023: $2.82BQ2 2023: $2.68BQ3 2023: $1.76BQ4 2023: $1.68BQ1 2024: $980.7MQ2 2024: $637.0MQ3 2024: $1.18BQ4 2024: $1.07BQ1 2025: $671.9MQ2 2025: $812.5MQ3 2025: $886.8MQ4 2025: $744.6MQ1 2026: $493.0MQ2 2026: $412.0M
Institutions holding FWRD and their total value by quarter
QuarterHoldersValue
Q2 2026187$412.0M
Q1 2026193$493.0M
Q4 2025202$744.6M
Q3 2025202$886.8M
Q2 2025181$812.5M
Q1 2025195$671.9M
Q4 2024211$1.07B
Q3 2024208$1.18B
Q2 2024192$637.0M
Q1 2024226$980.7M
Q4 2023264$1.68B
Q3 2023252$1.76B
Q2 2023245$2.68B
Q1 2023259$2.82B
Q4 2022276$2.72B
Q3 2022247$2.41B
Q2 2022247$2.46B
Q1 2022246$2.57B
Q4 2021240$3.20B
Q3 2021216$2.20B
Q2 2021220$2.39B
Q1 2021206$2.38B

Institutions, Q2 2023

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q1 2023.

Institutions holding FWRD in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.4,007,714$425.3M0.01%−58,884−1.4%Reduced
Vanguard Group Inc2,952,785$313.3M0.01%−115,812−3.8%Reduced
Thrivent Financial for Lutherans1,580,644$167.7M0.38%+438,069+38.3%Added
Neuberger Berman Group LLC1,473,349$156.3M0.14%−44,761−2.9%Reduced
Silvercrest Asset Management Group LLC1,195,512$126.9M0.90%+29,028+2.5%Added
Clearbridge Investments, LLC988,789$104.9M0.09%+3,350+0.3%Added
State Street Corp974,034$103.4M0.01%+2,155+0.2%Added
ArrowMark Colorado Holdings LLC960,571$101.9M1.12%−268,802−21.9%Reduced
Dimensional Fund Advisors LP787,898$83.6M0.03%+7,121+0.9%Added
Morgan Stanley784,493$83.2M0.01%−23,157−2.9%Reduced
Victory Capital Management Inc739,259$78.4M0.09%−10,323−1.4%Reduced
Royce & Associates LP703,663$74.7M0.72%−53,386−7.1%Reduced
Ameriprise Financial Inc627,457$66.6M0.02%−148,490−19.1%Reduced
Geode Capital Management, LLC568,192$60.3M0.01%+6,305+1.1%Added
River Road Asset Management, LLC409,259$43.4M0.60%+314,714+332.9%Added
Northern Trust Corp370,209$39.3M0.01%−4,478−1.2%Reduced
Charles Schwab Investment Management Inc313,274$33.2M0.01%−16,398−5.0%Reduced
Norges Bank288,918$30.7M0.01%+6,165+2.2%Added
Boston Trust Walden Corp279,969$29.7M0.24%+7,967+2.9%Added
Bank of New York Mellon Corp269,374$28.6M0.01%−11,838−4.2%Reduced
Vulcan Value Partners, LLC267,300$28.4M0.36%−25,127−8.6%Reduced
Pacer Advisors, Inc.212,171$22.5M0.09%+30,561+16.8%Added
FMR LLC169,854$18.0M0.00%−178,560−51.2%Reduced
Nuveen Asset Management, LLC161,219$17.1M0.01%−78,568−32.8%Reduced
UBS Asset Management Americas Inc156,581$16.9M0.01%00.0%Unchanged
Emerald Advisers, LLC158,860$16.9M0.74%−49,375−23.7%Reduced
Tributary Capital Management, LLC157,433$16.7M1.50%−2,651−1.7%Reduced
Principal Financial Group Inc151,602$16.1M0.01%−13,716−8.3%Reduced
Emerald Mutual Fund Advisers Trust130,634$13.9M0.75%−41,549−24.1%Reduced
Weiss Multi-Strategy Advisers LLC127,108$13.5M0.29%+34,782+37.7%Added
Bank of America Corp126,517$13.4M0.00%−11,830−8.6%Reduced
Ceredex Value Advisors LLC119,025$12.6M0.20%+225+0.2%Added
Invesco Ltd.118,351$12.6M0.00%+11,931+11.2%Added
Scout Investments, Inc.94,954$11.4M0.23%−2,722−2.8%Reduced
JPMorgan Chase & Co87,612$9.30M0.00%+6,970+8.6%Added
Rhumbline Advisers77,721$8.25M0.01%−2,174−2.7%Reduced
Hotchkis & Wiley Capital Management LLC77,493$8.22M0.03%+3,460+4.7%Added
Goldman Sachs Group Inc76,793$8.15M0.00%+470+0.6%Added
Legal & General Group Plc75,657$8.03M0.00%−1,928−2.5%Reduced
UBS Group AG75,136$7.97M0.00%+38,622+105.8%Added
Scopus Asset Management, L.P.74,537$7.91M0.28%+74,537New
Raymond James & Associates69,705$7.40M0.01%+21,148+43.6%Added
Credit Suisse AG64,086$6.80M0.01%−33,498−34.3%Reduced
American Capital Management Inc63,346$6.72M0.23%−867−1.4%Reduced
New York State Teachers Retirement System59,228$6.29M0.01%−278−0.5%Reduced
First Trust Advisors LP59,148$6.28M0.01%−3,709−5.9%Reduced
Swiss National Bank56,900$6.04M0.00%−500−0.9%Reduced
Confluence Investment Management LLC49,467$5.25M0.08%−3,270−6.2%Reduced
Public Employees Retirement System of Ohio47,948$5.09M0.02%−100.0%Reduced
Profit Investment Management, LLC47,087$5.00M3.25%−5,960−11.2%Reduced
Public Sector Pension Investment Board46,078$4.89M0.04%−688−1.5%Reduced
Envestnet Asset Management Inc43,673$4.63M0.00%+2,532+6.2%Added
Aptus Capital Advisors, LLC43,462$4.61M0.13%+3,141+7.8%Added
RBA Wealth Management, LLC39,476$4.19M1.95%+552+1.4%Added
Segall Bryant & Hamill, LLC38,839$4.12M0.04%−33−0.1%Reduced
Alliancebernstein L.P.35,905$3.81M0.00%−800−2.2%Reduced
Raymond James Financial Services Advisors, Inc.34,271$3.64M0.01%−9,836−22.3%Reduced
Hudson Bay Capital Management LP34,212$3.63M0.04%+34,212New
Prudential Financial Inc33,572$3.56M0.01%+6,124+22.3%Added
Miller Howard Investments Inc32,749$3.47M0.12%+915+2.9%Added
California State Teachers Retirement System31,673$3.36M0.00%−1,689−5.1%Reduced
Wells Fargo & Company31,424$3.33M0.00%+5,341+20.5%Added
Natixis Advisors, L.P.29,448$3.13M0.01%−665−2.2%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys29,343$3.11M0.02%+1,189+4.2%Added
Chatham Capital Group, Inc.28,767$3.05M0.64%+30+0.1%Added
Great West Life Assurance Co28,460$3.02M0.01%−1,853−6.1%Reduced
Point72 Asset Management, L.P.27,839$2.95M0.01%+27,839New
Cardinal Capital Management26,531$2.82M0.57%+200+0.8%Added
Balyasny Asset Management LLC25,191$2.67M0.01%+21,765+635.3%Added
Citigroup Inc24,848$2.64M0.00%+8,641+53.3%Added
State of New Jersey Common Pension Fund D24,631$2.61M0.01%+2,188+9.7%Added
TD Asset Management Inc24,300$2.58M0.00%+1,600+7.0%Added
Advantage Alpha Capital Partners LP23,283$2.47M0.49%−19,811−46.0%Reduced
Texas Permanent School Fund22,857$2.43M0.02%−989−4.1%Reduced
Millennium Management LLC22,715$2.41M0.00%+7,111+45.6%Added
Jane Street Group, LLC22,659$2.40M0.00%+17,997+386.0%Added
Isthmus Partners, LLC22,288$2.36M0.32%−113−0.5%Reduced
Cambiar Investors LLC21,445$2.28M0.10%−2,251−9.5%Reduced
HRT Financial LP21,193$2.25M0.02%+16,529+354.4%Added
American Century Companies Inc20,462$2.17M0.00%+4,968+32.1%Added
Martingale Asset Management L P20,424$2.17M0.04%00.0%Unchanged
First National Bank of Omaha18,591$1.97M0.11%+107+0.6%Added
SEI Investments Co18,153$1.93M0.00%+40.0%Added
Renaissance Group LLC17,793$1.89M0.08%+829+4.9%Added
Renaissance Technologies LLC17,739$1.88M0.00%−33,600−65.4%Reduced
Allspring Global Investments Holdings, LLC17,583$1.87M0.00%+3,452+24.4%Added
Royal Bank of Canada17,334$1.84M0.00%+1,428+9.0%Added
State of Alaska, Department of Revenue17,082$1.81M0.02%−1,126−6.2%Reduced
Edgestream Partners, L.P.17,032$1.81M0.16%+17,032New
Susquehanna International Group, LLP16,748$1.78M0.00%+1,919+12.9%Added
State of Tennessee, Treasury Department16,369$1.74M0.01%00.0%Unchanged
Northwest Investment Counselors, LLC16,166$1.72M0.46%−143−0.9%Reduced
Barclays PLC14,581$1.55M0.00%+943+6.9%Added
Alps Advisors Inc14,567$1.55M0.01%+3,601+32.8%Added
Yousif Capital Management, LLC14,333$1.52M0.02%−1,203−7.7%Reduced
American International Group, Inc.14,039$1.49M0.01%−621−4.2%Reduced
Aviva PLC14,033$1.49M0.01%+517+3.8%Added
Premier Fund Managers Ltd13,400$1.44M0.06%−8,283−38.2%Reduced
Louisiana State Employees Retirement System13,600$1.44M0.03%+1,200+9.7%Added
MetLife Investment Management13,585$1.44M0.01%−385−2.8%Reduced