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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
Price T Rowe Associates Inc13,100$1.39M0.00%+2,251+20.7%Added
M&T Bank Corp12,730$1.35M0.01%−4,526−26.2%Reduced
Logan Capital Management Inc12,637$1.34M0.06%00.0%Unchanged
Deutsche Bank AG12,524$1.33M0.00%−6,950−35.7%Reduced
Janus Henderson Group PLC12,501$1.33M0.00%−8,991−41.8%Reduced
Amalgamated Bank11,903$1.26M0.01%−371−3.0%Reduced
Mirae Asset Global Investments Co., Ltd.11,700$1.24M0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA11,599$1.23M0.00%−5,823−33.4%Reduced
New York State Common Retirement Fund11,216$1.19M0.00%−2,914−20.6%Reduced
Dark Forest Capital Management LP10,776$1.14M0.12%+9,629+839.5%Added
Creative Planning10,652$1.13M0.00%−1,111−9.4%Reduced
Voya Investment Management LLC10,552$1.12M0.00%+304+3.0%Added
Manufacturers Life Insurance Company, The10,490$1.11M0.00%−189−1.8%Reduced
Tudor Investment Corp Et Al10,232$1.09M0.02%+3,705+56.8%Added
Maryland State Retirement & Pension System10,114$1.07M0.02%−594−5.5%Reduced
NJ State Employees Deferred Compensation Plan10,000$1.06M0.15%00.0%Unchanged
Vident Investment Advisory, LLC9,679$1.03M0.04%+117+1.2%Added
Ensign Peak Advisors, Inc9,608$1.02M0.00%00.0%Unchanged
Teachers Retirement System of the State of Kentucky8,755$929.0K0.01%+471+5.7%Added
Qube Research & Technologies Ltd8,545$906.7K0.00%+8,545New
Oregon Public Employees Retirement Fund8,087$858.1K0.01%−444−5.2%Reduced
Citadel Advisors LLC8,055$854.7K0.00%+7,940+6,904.3%Added
Captrust Financial Advisors7,791$826.7K0.00%+7,791New
State Board of Administration of Florida Retirement System7,527$798.7K0.00%−2,941−28.1%Reduced
LPL Financial LLC7,410$786.4K0.00%+62+0.8%Added
Arizona State Retirement System7,331$777.9K0.01%−373−4.8%Reduced
Ergoteles LLC7,158$759.5K0.04%+1,505+26.6%Added
Teacher Retirement System of Texas6,713$712.0K0.00%−4,486−40.1%Reduced
PYA Waltman Capital, LLC9,577$701.3K0.30%00.0%Unchanged
Gotham Asset Management, LLC6,543$694.3K0.02%−2,659−28.9%Reduced
Gsa Capital Partners LLP6,445$684.0K0.07%−362−5.3%Reduced
The PNC Financial Services Group, Inc.6,122$649.6K0.00%+552+9.9%Added
Azzad Asset Management Inc6,076$644.8K0.09%+114+1.9%Added
AQR Capital Management LLC5,421$575.2K0.00%−135−2.4%Reduced
Westwood Holdings Group Inc.5,224$554.0K0.00%+5,224New
Mirabella Financial Services LLP5,199$551.7K0.06%+5,199New
Crossmark Global Holdings, Inc.4,534$541.0K0.01%−342−7.0%Reduced
Mutual of America Capital Management LLC5,071$538.1K0.01%−404−7.4%Reduced
Toroso Investments, LLC4,923$522.0K0.02%−149−2.9%Reduced
Hancock Whitney Corp4,823$512.0K0.02%+149+3.2%Added
Public Employees Retirement Association of Colorado4,756$505.0K0.00%−275−5.5%Reduced
Handelsbanken Fonder AB4,737$503.0K0.00%00.0%Unchanged
Pitcairn Co4,708$499.6K0.04%−165−3.4%Reduced
Assenagon Asset Management S.A.4,661$494.6K0.00%+4,661New
US Bancorp4,537$481.4K0.00%−154−3.3%Reduced
ProShare Advisors LLC4,246$450.5K0.00%+220+5.5%Added
Everence Capital Management Inc4,570$445.0K0.04%00.0%Unchanged
Virginia Retirement Systems Et Al4,100$435.1K0.00%−800−16.3%Reduced
Synovus Financial Corp4,024$427.0K0.00%−236−5.5%Reduced
Pathstone Family Office, LLC3,948$418.9K0.01%−139−3.4%Reduced
Russell Investments Group, Ltd.3,832$406.6K0.00%00.0%Unchanged
New York Life Investment Management LLC3,825$405.9K0.00%−678−15.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)3,755$398.4K0.00%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.3,708$393.0K0.02%−190−4.9%Reduced
Meritage Portfolio Management3,679$390.0K0.03%+594+19.3%Added
Cim Investment Mangement Inc3,541$375.7K0.13%00.0%Unchanged
Bank of Montreal3,477$374.5K0.00%−1,115−24.3%Reduced
SageView Advisory Group, LLC3,469$368.1K0.02%+191+5.8%Added
Janney Montgomery Scott LLC3,463$367.0K0.00%+34+1.0%Added
Amundi3,381$358.7K0.00%−320−8.6%Reduced
ExodusPoint Capital Management, LP3,362$357.0K0.00%+3,362New
Harel Insurance Investments & Financial Services Ltd.3,208$345.0K0.01%−32−1.0%Reduced
JustInvest LLC3,081$326.9K0.01%−297−8.8%Reduced
CWM Advisors, LLC3,007$319.1K0.04%+415+16.0%Added
CAPROCK Group, Inc.2,869$304.5K0.02%00.0%Unchanged
Pearl River Capital, LLC2,828$300.1K0.05%−1,431−33.6%Reduced
Keybank National Association2,825$299.8K0.00%−375−11.7%Reduced
Pictet Asset Management SA2,814$298.6K0.00%−509−15.3%Reduced
Winton Group Ltd2,735$290.2K0.02%−6,456−70.2%Reduced
Man Group plc2,668$283.1K0.00%––
Mariner, LLC2,537$269.2K0.00%−162−6.0%Reduced
Stifel Financial Corp2,536$269.1K0.00%+17+0.7%Added
O'Shaughnessy Asset Management, LLC2,441$259.0K0.00%−582−19.3%Reduced
Guggenheim Capital LLC2,428$257.6K0.00%+161+7.1%Added
Advisor Group Holdings, Inc.2,414$256.3K0.00%−213−8.1%Reduced
Squarepoint Ops LLC2,356$250.0K0.00%+2,356New
Capstone Investment Advisors, LLC2,279$241.8K0.01%+2,279New
Commonwealth Equity Services, LLC2,271$241.0K0.00%+14+0.6%Added
XTX Topco Ltd2,190$232.4K0.04%+2,190New
HighTower Advisors, LLC2,212$232.0K0.00%+2,212New
Healthcare of Ontario Pension Plan Trust Fund2,106$223.5K0.00%+2,106New
Ameritas Investment Partners, Inc.2,084$221.1K0.01%00.0%Unchanged
State of Wisconsin Investment Board2,063$218.9K0.00%−1,285−38.4%Reduced
Stephens Inc2,059$218.5K0.00%00.0%Unchanged
Glenmede Trust Co NA1,990$214.4K0.00%00.0%Unchanged
Anchor Investment Management, LLC1,995$211.7K0.03%−535−21.1%Reduced
KBC Group NV1,976$210.0K0.00%−150−7.1%Reduced
CI Private Wealth, LLC1,925$204.3K0.00%−29−1.5%Reduced
MQS Management LLC1,886$200.1K0.14%+1,886New
Aquatic Capital Management LLC1,800$191.0K0.01%+1,800New
Huntington National Bank1,641$174.1K0.00%+11+0.7%Added
Nisa Investment Advisors, LLC1,603$170.1K0.00%−6−0.4%Reduced
Metropolitan Life Insurance Co1,410$149.6K0.01%−22−1.5%Reduced
State of Wyoming1,320$140.1K0.04%−5−0.4%Reduced
Vestcor Inc1,280$136.0K0.00%00.0%Unchanged
Covestor Ltd910$97.0K0.07%−337−27.0%Reduced
Quadrant Capital Group LLC855$90.7K0.01%−199−18.9%Reduced
Tower Research Capital LLC (TRC)755$80.1K0.00%−6−0.8%Reduced
Steward Partners Investment Advisory, LLC749$79.5K0.00%+74+11.0%Added
Lazard Asset Management LLC733$77.0K0.00%00.0%Unchanged