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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, 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.

Institutional holdersQ3 2023: 252 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 heldQ3 2023: $1.76B
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, Q3 2023

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q2 2023.

Institutions holding FWRD in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Tfo-TDC, LLC1$1060.00%00.0%Unchanged
JFS Wealth Advisors, LLC2$1380.00%−16−88.9%Reduced
Global Retirement Partners, LLC2$1420.00%−14−87.5%Reduced
SJS Investment Consulting Inc.5$3440.00%00.0%Unchanged
Abound Wealth Management5$3440.00%00.0%Unchanged
Gradient Investments LLC7$4810.00%00.0%Unchanged
Grove Bank & Trust12$8250.00%+12New
Bokf, NA15$9660.00%+15New
Group One Trading, L.P.15$1.03K0.00%+15New
Bell Investment Advisors, Inc17$1.17K0.00%−11−39.3%Reduced
Farmers & Merchants Investments Inc18$1.24K0.00%−2−10.0%Reduced
Federated Hermes, Inc.27$1.86K0.00%00.0%Unchanged
Lindbrook Capital, LLC34$2.34K0.00%−7−17.1%Reduced
LGT Financial Advisors LLC35$2.41K0.00%+35New
Massmutual Trust Co FSB38$2.61K0.00%+10+35.7%Added
Harbour Investments, Inc.40$2.75K0.00%00.0%Unchanged
IFP Advisors, Inc41$2.82K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC42$2.89K0.00%−383−90.1%Reduced
Parallel Advisors, LLC42$2.89K0.00%−88−67.7%Reduced
GoalVest Advisory LLC52$3.57K0.00%−1−1.9%Reduced
Farther Finance Advisors, LLC56$3.85K0.00%+2+3.7%Added
West Branch Capital LLC65$4.47K0.00%+65New
McIlrath & Eck, LLC70$4.81K0.00%00.0%Unchanged
KB Financial Partners, LLC69$5.00K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.55$6.00K0.00%+48+685.7%Added
Parkside Financial Bank & Trust95$6.53K0.00%+3+3.3%Added
Rosenberg Matthew Hamilton100$6.87K0.00%00.0%Unchanged
Baker Avenue Asset Management, LP107$7.36K0.00%+94+723.1%Added
Larson Financial Group LLC116$7.97K0.00%00.0%Unchanged
Fifth Third Bancorp135$9.28K0.00%+40+42.1%Added
Contravisory Investment Management, Inc.146$10.0K0.00%00.0%Unchanged
Bessemer Group Inc154$11.0K0.00%−6−3.8%Reduced
Umb Bank N A163$11.2K0.00%−257−61.2%Reduced
Quarry LP178$12.2K0.01%+178New
First Horizon Advisors, Inc.193$13.3K0.00%−415−68.3%Reduced
Advisors Asset Management, Inc.220$15.1K0.00%+220New
Allworth Financial LP223$15.3K0.00%+203+1,015.0%Added
Federation des caisses Desjardins du Quebec265$18.2K0.00%+265New
Byrne Asset Management LLC280$19.0K0.02%+280New
Park Place Capital Corp277$19.0K0.01%00.0%Unchanged
Coppell Advisory Solutions LLC194$20.3K0.01%+194New
Quadrant Capital Group LLC298$20.5K0.00%−557−65.1%Reduced
Covestor Ltd491$34.0K0.03%−419−46.0%Reduced
Nalls Sherbakoff Group, LLC500$34.4K0.03%00.0%Unchanged
Harel Insurance Investments & Financial Services Ltd.525$36.0K0.00%−2,683−83.6%Reduced
Northwestern Mutual Wealth Management Co631$43.4K0.00%00.0%Unchanged
CWM, LLC669$46.0K0.00%+311+86.9%Added
KBC Group NV696$48.0K0.00%−1,280−64.8%Reduced
State of Wyoming775$53.3K0.01%−545−41.3%Reduced
Signaturefd, LLC948$65.2K0.00%+715+306.9%Added
Steward Partners Investment Advisory, LLC1,227$84.3K0.00%+478+63.8%Added
Metropolitan Life Insurance Co1,505$103.5K0.01%+95+6.7%Added
Nisa Investment Advisors, LLC1,615$111.0K0.00%+12+0.7%Added
Huntington National Bank1,635$112.4K0.00%−6−0.4%Reduced
Anchor Investment Management, LLC1,995$137.1K0.02%00.0%Unchanged
AlphaMark Advisors, LLC2,234$154.0K0.07%+2,234New
PEAK6 Investments LLC2,450$168.4K0.01%+2,450New
Point72 Asset Management, L.P.2,547$175.1K0.00%−25,292−90.9%Reduced
Ameritas Investment Partners, Inc.2,600$178.7K0.01%+516+24.8%Added
Fox Run Management, L.L.C.3,010$206.9K0.06%+3,010New
Tower Research Capital LLC (TRC)3,017$207.4K0.01%+2,262+299.6%Added
US Bancorp3,041$209.0K0.00%−1,496−33.0%Reduced
Vestcor Inc3,194$220.0K0.01%+1,914+149.5%Added
Advisor Group Holdings, Inc.3,245$223.1K0.00%+831+34.4%Added
New York Life Investment Management LLC3,304$227.1K0.00%−521−13.6%Reduced
QRG Capital Management, Inc.3,363$231.1K0.00%+3,363New
AQR Capital Management LLC3,373$231.9K0.00%−2,048−37.8%Reduced
Guggenheim Capital LLC3,389$233.0K0.00%+961+39.6%Added
Amundi3,275$235.9K0.00%−106−3.1%Reduced
SageView Advisory Group, LLC3,437$236.3K0.01%−32−0.9%Reduced
Cim Investment Mangement Inc3,541$243.4K0.09%00.0%Unchanged
Prelude Capital Management, LLC3,584$246.4K0.02%+3,584New
Keebeck Alpha, LP3,584$246.4K0.24%+3,584New
XTX Topco Ltd3,731$256.5K0.04%+1,541+70.4%Added
Bank of Montreal3,737$258.9K0.00%+260+7.5%Added
Donoghue Forlines LLC3,915$269.1K0.10%+3,915New
Equitable Trust Co3,929$270.1K0.02%+3,929New
Pathstone Family Office, LLC4,026$276.7K0.00%+78+2.0%Added
ProShare Advisors LLC4,139$284.5K0.00%−107−2.5%Reduced
Public Employees Retirement Association of Colorado4,223$290.0K0.00%−533−11.2%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)4,343$298.5K0.00%+588+15.7%Added
Premier Fund Managers Ltd4,517$306.0K0.01%−8,883−66.3%Reduced
CWM Advisors, LLC4,478$307.8K0.04%+1,471+48.9%Added
Balyasny Asset Management LLC4,485$308.3K0.00%−20,706−82.2%Reduced
Mutual of America Capital Management LLC4,504$309.6K0.00%−567−11.2%Reduced
Synovus Financial Corp4,533$311.6K0.00%+509+12.6%Added
Everence Capital Management Inc4,570$314.0K0.02%00.0%Unchanged
Toroso Investments, LLC4,749$326.4K0.01%−174−3.5%Reduced
Hancock Whitney Corp4,899$336.8K0.01%+76+1.6%Added
Crossmark Global Holdings, Inc.4,644$338.0K0.01%+110+2.4%Added
The PNC Financial Services Group, Inc.5,080$349.2K0.00%−1,042−17.0%Reduced
Meritage Portfolio Management5,446$374.0K0.03%+1,767+48.0%Added
Engineers Gate Manager LP5,738$394.4K0.01%+5,738New
Aquatic Capital Management LLC6,000$412.0K0.02%+4,200+233.3%Added
Handelsbanken Fonder AB6,247$429.0K0.00%+1,510+31.9%Added
Martingale Asset Management L P6,500$446.8K0.01%−13,924−68.2%Reduced
Dynamic Technology Lab Private Ltd6,830$469.0K0.05%+6,830New
Teacher Retirement System of Texas6,964$479.0K0.00%+251+3.7%Added
Snowden Capital Advisors LLC7,031$483.3K0.02%+7,031New
LPL Financial LLC7,103$488.3K0.00%−307−4.1%Reduced