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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
New York State Teachers Retirement System59,228$6.29M0.01%−278−0.5%Reduced
American Capital Management Inc63,346$6.72M0.23%−867−1.4%Reduced
Credit Suisse AG64,086$6.80M0.01%−33,498−34.3%Reduced
Raymond James & Associates69,705$7.40M0.01%+21,148+43.6%Added
Scopus Asset Management, L.P.74,537$7.91M0.28%+74,537New
UBS Group AG75,136$7.97M0.00%+38,622+105.8%Added
Legal & General Group Plc75,657$8.03M0.00%−1,928−2.5%Reduced
Goldman Sachs Group Inc76,793$8.15M0.00%+470+0.6%Added
Hotchkis & Wiley Capital Management LLC77,493$8.22M0.03%+3,460+4.7%Added
Rhumbline Advisers77,721$8.25M0.01%−2,174−2.7%Reduced
JPMorgan Chase & Co87,612$9.30M0.00%+6,970+8.6%Added
Scout Investments, Inc.94,954$11.4M0.23%−2,722−2.8%Reduced
Invesco Ltd.118,351$12.6M0.00%+11,931+11.2%Added
Ceredex Value Advisors LLC119,025$12.6M0.20%+225+0.2%Added
Bank of America Corp126,517$13.4M0.00%−11,830−8.6%Reduced
Weiss Multi-Strategy Advisers LLC127,108$13.5M0.29%+34,782+37.7%Added
Emerald Mutual Fund Advisers Trust130,634$13.9M0.75%−41,549−24.1%Reduced
Principal Financial Group Inc151,602$16.1M0.01%−13,716−8.3%Reduced
Tributary Capital Management, LLC157,433$16.7M1.50%−2,651−1.7%Reduced
Emerald Advisers, LLC158,860$16.9M0.74%−49,375−23.7%Reduced
UBS Asset Management Americas Inc156,581$16.9M0.01%00.0%Unchanged
Nuveen Asset Management, LLC161,219$17.1M0.01%−78,568−32.8%Reduced
FMR LLC169,854$18.0M0.00%−4,353−2.5%Reduced
Pacer Advisors, Inc.212,171$22.5M0.09%+30,561+16.8%Added
Vulcan Value Partners, LLC267,300$28.4M0.36%−25,127−8.6%Reduced
Bank of New York Mellon Corp269,374$28.6M0.01%−11,838−4.2%Reduced
Boston Trust Walden Corp279,969$29.7M0.24%+7,967+2.9%Added
Norges Bank288,918$30.7M0.01%+6,165+2.2%Added
Charles Schwab Investment Management Inc313,274$33.2M0.01%−16,398−5.0%Reduced
Northern Trust Corp370,209$39.3M0.01%−4,478−1.2%Reduced
River Road Asset Management, LLC409,259$43.4M0.60%+314,714+332.9%Added
Geode Capital Management, LLC568,192$60.3M0.01%+6,305+1.1%Added
Ameriprise Financial Inc627,457$66.6M0.02%−148,490−19.1%Reduced
Royce & Associates LP703,663$74.7M0.72%−53,386−7.1%Reduced
Victory Capital Management Inc739,259$78.4M0.09%−10,323−1.4%Reduced
Morgan Stanley784,493$83.2M0.01%−23,157−2.9%Reduced
Dimensional Fund Advisors LP787,898$83.6M0.03%+7,121+0.9%Added
ArrowMark Colorado Holdings LLC960,571$101.9M1.12%−268,802−21.9%Reduced
State Street Corp974,034$103.4M0.01%+2,155+0.2%Added
Clearbridge Investments, LLC988,789$104.9M0.09%+3,350+0.3%Added
Silvercrest Asset Management Group LLC1,195,512$126.9M0.90%+29,028+2.5%Added
Neuberger Berman Group LLC1,473,349$156.3M0.14%−44,761−2.9%Reduced
Thrivent Financial for Lutherans1,580,644$167.7M0.38%+438,069+38.3%Added
Vanguard Group Inc2,952,785$313.3M0.01%−115,812−3.8%Reduced
BlackRock Inc.4,007,714$425.3M0.01%−58,884−1.4%Reduced
Loomis Sayles & Co L P0$00.00%−196,594−100.0%Sold out
Cardinal Capital Management LLC0$00.00%−147,007−100.0%Sold out
Fort Washington Investment Advisors Inc0$00.00%−126,178−100.0%Sold out
Driehaus Capital Management LLC0$00.00%−116,360−100.0%Sold out
Marks Group Wealth Management, Inc0$00.00%−63,531−100.0%Sold out
Running Oak Capital LLC0$00.00%−62,713−100.0%Sold out
Walleye Capital LLC0$00.00%−42,083−100.0%Sold out
SG Americas Securities, LLC0$00.00%−13,424−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−13,270−100.0%Sold out
Panagora Asset Management Inc0$00.00%−10,802−100.0%Sold out
Algert Global LLC0$00.00%−9,297−100.0%Sold out
ClariVest Asset Management LLC0$00.00%−7,654−100.0%Sold out
Boston Partners0$00.00%−7,137−100.0%Sold out
Livforsakringsbolaget Skandia, Omsesidigt0$00.00%−5,300−100.0%Sold out
Walleye Trading LLC0$00.00%−4,421−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−3,976−100.0%Sold out
AdvisorShares Investments LLC0$00.00%−3,818−100.0%Sold out
Radnor Capital Management, LLC0$00.00%−3,210−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−2,545−100.0%Sold out
CIBC World Markets Inc.0$00.00%−2,353−100.0%Sold out
Centiva Capital, LP0$00.00%−2,104−100.0%Sold out
Acrisure Capital Management, LLC0$00.00%−2,094−100.0%Sold out
Dakota Wealth Management0$00.00%−1,907−100.0%Sold out
Quantamental Technologies LLC0$00.00%−1,890−100.0%Sold out
Advisory Services Network, LLC0$00.00%−287−100.0%Sold out
Belpointe Asset Management LLC0$00.00%−151−100.0%Sold out
WR Wealth Planners, LLC0$00.00%−92−100.0%Sold out
TCI Wealth Advisors, Inc.0$00.00%−60−100.0%Sold out
Simplex Trading, LLC0$00.00%−24−100.0%Sold out
Spire Wealth Management0$00.00%−17−100.0%Sold out
Schubert & Co0$00.00%−15−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−5−100.0%Sold out
Silicon Valley Capital Partners0$00.00%0Sold out
Avion Wealth0$00.00%−5−100.0%Sold out
Cerity Partners LLC0$00.00%−116−100.0%Sold out