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, Q3 2023
Institutional positions in Forward Air Corp as of Sep 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
- 252
- +8 vs. Q2 2023
- Shares held
- 25.5M
- +159.3K (+0.6%) vs. Q2 2023
- Total value
- $1.76B
- −$920.6M (−34.4%) vs. Q2 2023
- New holders
- 58
- 78 more added
- Sold out
- 50
- 89 more reduced
1 institution that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 187 | $412.0M |
| Q1 2026 | 193 | $492.3M |
| Q4 2025 | 202 | $744.2M |
| Q3 2025 | 202 | $873.9M |
| Q2 2025 | 181 | $804.6M |
| Q1 2025 | 195 | $671.9M |
| Q4 2024 | 211 | $1.07B |
| Q3 2024 | 208 | $1.17B |
| Q2 2024 | 191 | $636.1M |
| Q1 2024 | 226 | $881.2M |
| Q4 2023 | 264 | $1.57B |
| Q3 2023 | 252 | $1.76B |
| Q2 2023 | 245 | $2.68B |
| Q1 2023 | 259 | $2.80B |
| Q4 2022 | 276 | $2.72B |
| Q3 2022 | 246 | $2.41B |
| Q2 2022 | 247 | $2.46B |
| Q1 2022 | 246 | $2.57B |
| Q4 2021 | 240 | $3.19B |
| Q3 2021 | 216 | $2.19B |
| Q2 2021 | 220 | $2.39B |
| Q1 2021 | 206 | $2.38B |
Institutions, Q3 2023
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 3,947,856 | $271.4M | 0.01% | −59,858−1.5% | Reduced |
| Vanguard Group Inc | 2,919,551 | $200.7M | 0.00% | −33,234−1.1% | Reduced |
| Silvercrest Asset Management Group LLC | 1,238,778 | $85.2M | 0.65% | +43,266+3.6% | Added |
| Morgan Stanley | 1,213,405 | $83.4M | 0.01% | +428,912+54.7% | Added |
| State Street Corp | 1,003,144 | $69.0M | 0.00% | +29,110+3.0% | Added |
| Dimensional Fund Advisors LP | 777,870 | $53.5M | 0.02% | −10,028−1.3% | Reduced |
| Ancora Advisors, LLC | 745,585 | $51.3M | 1.37% | +745,585 | New |
| Assenagon Asset Management S.A. | 726,538 | $49.9M | 0.17% | +721,877+15,487.6% | Added |
| UBS Group AG | 683,566 | $47.0M | 0.02% | +608,430+809.8% | Added |
| Ameriprise Financial Inc | 673,369 | $46.3M | 0.02% | +45,912+7.3% | Added |
| Clearbridge Investments, LLC | 671,370 | $46.1M | 0.04% | −317,419−32.1% | Reduced |
| Geode Capital Management, LLC | 585,633 | $40.3M | 0.00% | +17,441+3.1% | Added |
| Bank of America Corp | 534,753 | $36.8M | 0.00% | +408,236+322.7% | Added |
| Pacer Advisors, Inc. | 442,334 | $30.4M | 0.12% | +230,163+108.5% | Added |
| Northern Trust Corp | 440,405 | $30.3M | 0.01% | +70,196+19.0% | Added |
| Jacobs Levy Equity Management, Inc | 405,442 | $27.9M | 0.17% | +405,442 | New |
| River Road Asset Management, LLC | 403,716 | $27.8M | 0.40% | −5,543−1.4% | Reduced |
| Schroder Investment Management Group | 332,755 | $22.9M | 0.03% | +332,755 | New |
| Charles Schwab Investment Management Inc | 332,354 | $22.8M | 0.01% | +19,080+6.1% | Added |
| P Schoenfeld Asset Management LP | 301,000 | $20.7M | 2.63% | +301,000 | New |
| Boston Trust Walden Corp | 297,045 | $20.4M | 0.17% | +17,076+6.1% | Added |
| Millennium Management LLC | 283,765 | $19.5M | 0.02% | +261,050+1,149.2% | Added |
| Schonfeld Strategic Advisors LLC | 258,111 | $17.7M | 0.16% | +258,111 | New |
| Bank of New York Mellon Corp | 257,880 | $17.7M | 0.00% | −11,494−4.3% | Reduced |
| Nuveen Asset Management, LLC | 250,114 | $17.2M | 0.01% | +88,895+55.1% | Added |
| FMR LLC | 243,189 | $16.7M | 0.00% | +73,335+43.2% | Added |
| Citadel Advisors LLC | 208,615 | $14.3M | 0.02% | +200,560+2,489.9% | Added |
| Ceredex Value Advisors LLC | 178,250 | $12.3M | 0.22% | +59,225+49.8% | Added |
| JPMorgan Chase & Co | 161,598 | $11.1M | 0.00% | +73,986+84.4% | Added |
| Hotchkis & Wiley Capital Management LLC | 154,930 | $10.6M | 0.04% | +77,437+99.9% | Added |
| Weiss Multi-Strategy Advisers LLC | 150,000 | $10.3M | 0.25% | +22,892+18.0% | Added |
| Principal Financial Group Inc | 143,257 | $9.85M | 0.01% | −8,345−5.5% | Reduced |
| Quadrature Capital Ltd | 142,335 | $9.78M | 0.20% | +142,335 | New |
| Clifford Capital Partners LLC | 142,095 | $9.77M | 2.85% | +142,095 | New |
| Neuberger Berman Group LLC | 141,947 | $9.76M | 0.01% | −1,331,402−90.4% | Reduced |
| Royce & Associates LP | 141,391 | $9.72M | 0.10% | −562,272−79.9% | Reduced |
| Emerald Advisers, LLC | 138,018 | $9.49M | 0.46% | −20,842−13.1% | Reduced |
| Penn Capital Management Co Inc | 136,373 | $9.41M | 0.96% | +136,373 | New |
| Invesco Ltd. | 112,266 | $7.72M | 0.00% | −6,085−5.1% | Reduced |
| UBS Asset Management Americas Inc | 112,077 | $7.70M | 0.00% | −44,504−28.4% | Reduced |
| Emerald Mutual Fund Advisers Trust | 111,703 | $7.68M | 0.46% | −18,931−14.5% | Reduced |
| Russell Investments Group, Ltd. | 97,199 | $6.68M | 0.01% | +93,367+2,436.5% | Added |
| New York State Common Retirement Fund | 95,995 | $6.60M | 0.01% | +84,779+755.9% | Added |
| Scout Investments, Inc. | 96,310 | $6.56M | 0.15% | +1,356+1.4% | Added |
| Man Group plc | – | $6.38M | 0.02% | – | – |
| Goldman Sachs Group Inc | 81,713 | $5.62M | 0.00% | +4,920+6.4% | Added |
| Rhumbline Advisers | 76,949 | $5.29M | 0.01% | −772−1.0% | Reduced |
| Alliancebernstein L.P. | 76,748 | $5.28M | 0.00% | +40,843+113.8% | Added |
| Legal & General Group Plc | 74,462 | $5.12M | 0.00% | −1,195−1.6% | Reduced |
| Cooper Creek Partners Management LLC | 73,453 | $5.05M | 0.31% | +73,453 | New |
| SG Capital Management LLC | 72,103 | $4.96M | 2.11% | +72,103 | New |
| Norges Bank | 71,601 | $4.92M | 0.00% | −217,317−75.2% | Reduced |
| Advantage Alpha Capital Partners LP | 67,891 | $4.67M | 0.98% | +44,608+191.6% | Added |
| American Capital Management Inc | 63,146 | $4.34M | 0.17% | −200−0.3% | Reduced |
| Voloridge Investment Management, LLC | 63,103 | $4.34M | 0.02% | +63,103 | New |
| Numerai GP LLC | 60,792 | $4.18M | 1.39% | +60,792 | New |
| Victory Capital Management Inc | 59,371 | $4.08M | 0.00% | −679,888−92.0% | Reduced |
| Swiss National Bank | 56,900 | $3.91M | 0.00% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 56,305 | $3.87M | 0.01% | +56,305 | New |
| Raymond James & Associates | 52,385 | $3.60M | 0.00% | −17,320−24.8% | Reduced |
| BNP Paribas Arbitrage, SA | 50,132 | $3.45M | 0.01% | +38,533+332.2% | Added |
| New York State Teachers Retirement System | 49,405 | $3.40M | 0.01% | −9,823−16.6% | Reduced |
| Public Employees Retirement System of Ohio | 48,011 | $3.30M | 0.01% | +63+0.1% | Added |
| Clark Estates Inc | 44,000 | $3.02M | 0.55% | +44,000 | New |
| RBA Wealth Management, LLC | 41,070 | $2.82M | 1.36% | +1,594+4.0% | Added |
| Seven Eight Capital, LP | 40,572 | $2.79M | 0.33% | +40,572 | New |
| Cubist Systematic Strategies, LLC | 40,530 | $2.79M | 0.03% | +40,530 | New |
| Royal Bank of Canada | 38,486 | $2.65M | 0.00% | +21,152+122.0% | Added |
| Profit Investment Management, LLC | 38,301 | $2.63M | 1.86% | −8,786−18.7% | Reduced |
| Two Sigma Advisers, LP | 36,200 | $2.49M | 0.01% | +36,200 | New |
| Segall Bryant & Hamill, LLC | 35,371 | $2.43M | 0.03% | −3,468−8.9% | Reduced |
| State of New Jersey Common Pension Fund D | 34,700 | $2.39M | 0.01% | +10,069+40.9% | Added |
| Envestnet Asset Management Inc | 34,599 | $2.38M | 0.00% | −9,074−20.8% | Reduced |
| Public Sector Pension Investment Board | 31,760 | $2.18M | 0.02% | −14,318−31.1% | Reduced |
| Janus Henderson Group PLC | 31,158 | $2.14M | 0.00% | +18,657+149.2% | Added |
| Duality Advisers, LP | 30,412 | $2.09M | 0.25% | +30,412 | New |
| Prudential Financial Inc | 30,092 | $2.07M | 0.00% | −3,480−10.4% | Reduced |
| Great West Life Assurance Co | 29,956 | $2.06M | 0.00% | +1,496+5.3% | Added |
| SG Americas Securities, LLC | 29,731 | $2.04M | 0.03% | +29,731 | New |
| PDT Partners, LLC | 28,994 | $1.99M | 0.25% | +28,994 | New |
| California State Teachers Retirement System | 28,718 | $1.97M | 0.00% | −2,955−9.3% | Reduced |
| Thrivent Financial for Lutherans | 27,935 | $1.92M | 0.00% | −1,552,709−98.2% | Reduced |
| Jump Financial, LLC | 27,565 | $1.89M | 0.07% | +27,565 | New |
| American Century Companies Inc | 27,555 | $1.89M | 0.00% | +7,093+34.7% | Added |
| Cardinal Capital Management | 27,197 | $1.87M | 0.38% | +666+2.5% | Added |
| Quantbot Technologies LP | 27,109 | $1.86M | 0.13% | +27,109 | New |
| Scopus Asset Management, L.P. | 25,000 | $1.72M | 0.06% | −49,537−66.5% | Reduced |
| Credit Suisse AG | 24,591 | $1.69M | 0.00% | −39,495−61.6% | Reduced |
| Capital Fund Management S.A. | 23,798 | $1.64M | 0.02% | +23,798 | New |
| Isthmus Partners, LLC | 23,342 | $1.60M | 0.23% | +1,054+4.7% | Added |
| Natixis Advisors, L.P. | 22,768 | $1.56M | 0.00% | −6,680−22.7% | Reduced |
| Citigroup Inc | 22,649 | $1.56M | 0.00% | −2,199−8.8% | Reduced |
| Texas Permanent School Fund | 21,718 | $1.49M | 0.01% | −1,139−5.0% | Reduced |
| TD Asset Management Inc | 20,500 | $1.41M | 0.00% | −3,800−15.6% | Reduced |
| Two Sigma Investments, LP | 20,450 | $1.41M | 0.00% | +20,450 | New |
| Comerica Bank | 20,354 | $1.40M | 0.01% | −66,063−76.4% | Reduced |
| Walleye Capital LLC | 19,928 | $1.37M | 0.02% | +19,928 | New |
| HRT Financial LP | 19,694 | $1.35M | 0.01% | −1,499−7.1% | Reduced |
| Virginia Retirement Systems Et Al | 18,400 | $1.26M | 0.01% | +14,300+348.8% | Added |
| Formula Growth Ltd | 17,500 | $1.20M | 0.41% | +17,500 | New |