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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
−644.1K (−2.5%) vs. Q1 2023
Total value
$2.68B
−$122.7M (−4.4%) vs. Q1 2023
New holders
21
72 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: 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 heldQ2 2023: $2.68B
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, 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
US Bancorp4,537$481.4K0.00%−154−3.3%Reduced
Assenagon Asset Management S.A.4,661$494.6K0.00%+4,661New
Pitcairn Co4,708$499.6K0.04%−165−3.4%Reduced
Handelsbanken Fonder AB4,737$503.0K0.00%00.0%Unchanged
Public Employees Retirement Association of Colorado4,756$505.0K0.00%−275−5.5%Reduced
Hancock Whitney Corp4,823$512.0K0.02%+149+3.2%Added
Toroso Investments, LLC4,923$522.0K0.02%−149−2.9%Reduced
Mutual of America Capital Management LLC5,071$538.1K0.01%−404−7.4%Reduced
Crossmark Global Holdings, Inc.4,534$541.0K0.01%−342−7.0%Reduced
Mirabella Financial Services LLP5,199$551.7K0.06%+5,199New
Westwood Holdings Group Inc.5,224$554.0K0.00%+5,224New
AQR Capital Management LLC5,421$575.2K0.00%−135−2.4%Reduced
Azzad Asset Management Inc6,076$644.8K0.09%+114+1.9%Added
The PNC Financial Services Group, Inc.6,122$649.6K0.00%+552+9.9%Added
Gsa Capital Partners LLP6,445$684.0K0.07%−362−5.3%Reduced
Gotham Asset Management, LLC6,543$694.3K0.02%−2,659−28.9%Reduced
PYA Waltman Capital, LLC9,577$701.3K0.30%00.0%Unchanged
Teacher Retirement System of Texas6,713$712.0K0.00%−4,486−40.1%Reduced
Ergoteles LLC7,158$759.5K0.04%+1,505+26.6%Added
Arizona State Retirement System7,331$777.9K0.01%−373−4.8%Reduced
LPL Financial LLC7,410$786.4K0.00%+62+0.8%Added
State Board of Administration of Florida Retirement System7,527$798.7K0.00%−2,941−28.1%Reduced
Captrust Financial Advisors7,791$826.7K0.00%+7,791New
Citadel Advisors LLC8,055$854.7K0.00%+7,940+6,904.3%Added
Oregon Public Employees Retirement Fund8,087$858.1K0.01%−444−5.2%Reduced
Qube Research & Technologies Ltd8,545$906.7K0.00%+8,545New
Teachers Retirement System of the State of Kentucky8,755$929.0K0.01%+471+5.7%Added
Ensign Peak Advisors, Inc9,608$1.02M0.00%00.0%Unchanged
Vident Investment Advisory, LLC9,679$1.03M0.04%+117+1.2%Added
NJ State Employees Deferred Compensation Plan10,000$1.06M0.15%00.0%Unchanged
Maryland State Retirement & Pension System10,114$1.07M0.02%−594−5.5%Reduced
Tudor Investment Corp Et Al10,232$1.09M0.02%+3,705+56.8%Added
Manufacturers Life Insurance Company, The10,490$1.11M0.00%−189−1.8%Reduced
Voya Investment Management LLC10,552$1.12M0.00%+304+3.0%Added
Creative Planning10,652$1.13M0.00%−1,111−9.4%Reduced
Dark Forest Capital Management LP10,776$1.14M0.12%+9,629+839.5%Added
New York State Common Retirement Fund11,216$1.19M0.00%−2,914−20.6%Reduced
BNP Paribas Arbitrage, SA11,599$1.23M0.00%−5,823−33.4%Reduced
Mirae Asset Global Investments Co., Ltd.11,700$1.24M0.00%00.0%Unchanged
Amalgamated Bank11,903$1.26M0.01%−371−3.0%Reduced
Janus Henderson Group PLC12,501$1.33M0.00%−8,991−41.8%Reduced
Deutsche Bank AG12,524$1.33M0.00%−6,950−35.7%Reduced
Logan Capital Management Inc12,637$1.34M0.06%00.0%Unchanged
M&T Bank Corp12,730$1.35M0.01%−4,526−26.2%Reduced
Price T Rowe Associates Inc13,100$1.39M0.00%+2,251+20.7%Added
MetLife Investment Management13,585$1.44M0.01%−385−2.8%Reduced
Louisiana State Employees Retirement System13,600$1.44M0.03%+1,200+9.7%Added
Premier Fund Managers Ltd13,400$1.44M0.06%−8,283−38.2%Reduced
Aviva PLC14,033$1.49M0.01%+517+3.8%Added
American International Group, Inc.14,039$1.49M0.01%−621−4.2%Reduced
Yousif Capital Management, LLC14,333$1.52M0.02%−1,203−7.7%Reduced
Alps Advisors Inc14,567$1.55M0.01%+3,601+32.8%Added
Barclays PLC14,581$1.55M0.00%+943+6.9%Added
Northwest Investment Counselors, LLC16,166$1.72M0.46%−143−0.9%Reduced
State of Tennessee, Treasury Department16,369$1.74M0.01%00.0%Unchanged
Susquehanna International Group, LLP16,748$1.78M0.00%+1,919+12.9%Added
Edgestream Partners, L.P.17,032$1.81M0.16%+17,032New
State of Alaska, Department of Revenue17,082$1.81M0.02%−1,126−6.2%Reduced
Royal Bank of Canada17,334$1.84M0.00%+1,428+9.0%Added
Allspring Global Investments Holdings, LLC17,583$1.87M0.00%+3,452+24.4%Added
Renaissance Technologies LLC17,739$1.88M0.00%−33,600−65.4%Reduced
Renaissance Group LLC17,793$1.89M0.08%+829+4.9%Added
SEI Investments Co18,153$1.93M0.00%+40.0%Added
First National Bank of Omaha18,591$1.97M0.11%+107+0.6%Added
Martingale Asset Management L P20,424$2.17M0.04%00.0%Unchanged
American Century Companies Inc20,462$2.17M0.00%+4,968+32.1%Added
HRT Financial LP21,193$2.25M0.02%+16,529+354.4%Added
Cambiar Investors LLC21,445$2.28M0.10%−2,251−9.5%Reduced
Isthmus Partners, LLC22,288$2.36M0.32%−113−0.5%Reduced
Jane Street Group, LLC22,659$2.40M0.00%+17,997+386.0%Added
Millennium Management LLC22,715$2.41M0.00%+7,111+45.6%Added
Texas Permanent School Fund22,857$2.43M0.02%−989−4.1%Reduced
Advantage Alpha Capital Partners LP23,283$2.47M0.49%−19,811−46.0%Reduced
TD Asset Management Inc24,300$2.58M0.00%+1,600+7.0%Added
State of New Jersey Common Pension Fund D24,631$2.61M0.01%+2,188+9.7%Added
Citigroup Inc24,848$2.64M0.00%+8,641+53.3%Added
Balyasny Asset Management LLC25,191$2.67M0.01%+21,765+635.3%Added
Cardinal Capital Management26,531$2.82M0.57%+200+0.8%Added
Point72 Asset Management, L.P.27,839$2.95M0.01%+27,839New
Great West Life Assurance Co28,460$3.02M0.01%−1,853−6.1%Reduced
Chatham Capital Group, Inc.28,767$3.05M0.64%+30+0.1%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys29,343$3.11M0.02%+1,189+4.2%Added
Natixis Advisors, L.P.29,448$3.13M0.01%−665−2.2%Reduced
Wells Fargo & Company31,424$3.33M0.00%+5,341+20.5%Added
California State Teachers Retirement System31,673$3.36M0.00%−1,689−5.1%Reduced
Miller Howard Investments Inc32,749$3.47M0.12%+915+2.9%Added
Prudential Financial Inc33,572$3.56M0.01%+6,124+22.3%Added
Hudson Bay Capital Management LP34,212$3.63M0.04%+34,212New
Raymond James Financial Services Advisors, Inc.34,271$3.64M0.01%−9,836−22.3%Reduced
Alliancebernstein L.P.35,905$3.81M0.00%−800−2.2%Reduced
Segall Bryant & Hamill, LLC38,839$4.12M0.04%−33−0.1%Reduced
RBA Wealth Management, LLC39,476$4.19M1.95%+552+1.4%Added
Aptus Capital Advisors, LLC43,462$4.61M0.13%+3,141+7.8%Added
Envestnet Asset Management Inc43,673$4.63M0.00%+2,532+6.2%Added
Public Sector Pension Investment Board46,078$4.89M0.04%−688−1.5%Reduced
Profit Investment Management, LLC47,087$5.00M3.25%−5,960−11.2%Reduced
Public Employees Retirement System of Ohio47,948$5.09M0.02%−100.0%Reduced
Confluence Investment Management LLC49,467$5.25M0.08%−3,270−6.2%Reduced
Swiss National Bank56,900$6.04M0.00%−500−0.9%Reduced
First Trust Advisors LP59,148$6.28M0.01%−3,709−5.9%Reduced