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 |
|---|---|---|---|---|---|
| Quantamental Technologies LLC | 7,258 | $498.9K | 0.47% | +7,258 | New |
| Dark Forest Capital Management LP | 7,297 | $501.6K | 0.04% | −3,479−32.3% | Reduced |
| Teza Capital Management LLC | 7,354 | $505.5K | 0.08% | +7,354 | New |
| Arizona State Retirement System | 7,391 | $508.1K | 0.00% | +60+0.8% | Added |
| State Board of Administration of Florida Retirement System | 7,468 | $513.4K | 0.00% | −59−0.8% | Reduced |
| Oregon Public Employees Retirement Fund | 7,687 | $528.4K | 0.01% | −400−4.9% | Reduced |
| Algert Global LLC | 8,120 | $558.2K | 0.03% | +8,120 | New |
| Y-Intercept (Hong Kong) Ltd | 8,437 | $580.0K | 0.06% | +8,437 | New |
| Capstone Investment Advisors, LLC | 8,513 | $585.2K | 0.02% | +6,234+273.5% | Added |
| Graham Capital Management, L.P. | 8,524 | $585.9K | 0.02% | +8,524 | New |
| Wells Fargo & Company | 8,662 | $595.4K | 0.00% | −22,762−72.4% | Reduced |
| Aviva PLC | 8,706 | $598.5K | 0.00% | −5,327−38.0% | Reduced |
| Teachers Retirement System of the State of Kentucky | 8,755 | $602.0K | 0.01% | 00.0% | Unchanged |
| Jane Street Group, LLC | 9,415 | $647.2K | 0.00% | −13,244−58.4% | Reduced |
| Maryland State Retirement & Pension System | 9,465 | $650.6K | 0.01% | −649−6.4% | Reduced |
| PYA Waltman Capital, LLC | 9,577 | $658.3K | 0.28% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 9,608 | $660.5K | 0.00% | 00.0% | Unchanged |
| Gotham Asset Management, LLC | 9,668 | $664.6K | 0.01% | +3,125+47.8% | Added |
| NJ State Employees Deferred Compensation Plan | 10,000 | $687.4K | 0.10% | 00.0% | Unchanged |
| Vazirani Asset Management LLC | 10,000 | $687.4K | 1.09% | +10,000 | New |
| Atom Investors LP | 10,080 | $692.9K | 0.16% | +10,080 | New |
| Creative Planning | 10,190 | $700.5K | 0.00% | −462−4.3% | Reduced |
| Raymond James Financial Services Advisors, Inc. | 10,531 | $723.9K | 0.00% | −23,740−69.3% | Reduced |
| Captrust Financial Advisors | 10,823 | $744.0K | 0.00% | +3,032+38.9% | Added |
| Amalgamated Bank | 11,490 | $790.0K | 0.01% | −413−3.5% | Reduced |
| Susquehanna International Group, LLP | 11,533 | $792.8K | 0.00% | −5,215−31.1% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 11,700 | $804.3K | 0.00% | 00.0% | Unchanged |
| Allspring Global Investments Holdings, LLC | 12,118 | $833.0K | 0.00% | −5,465−31.1% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 12,241 | $841.4K | 0.00% | +12,241 | New |
| Marathon Partners Equity Management, LLC | 12,500 | $859.3K | 1.30% | +12,500 | New |
| STRS Ohio | 12,600 | $866.0K | 0.00% | +11,900+1,700.0% | Added |
| Logan Capital Management Inc | 12,637 | $868.7K | 0.04% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 12,949 | $890.1K | 0.00% | +2,459+23.4% | Added |
| Louisiana State Employees Retirement System | 13,100 | $900.5K | 0.02% | −500−3.7% | Reduced |
| Yousif Capital Management, LLC | 13,364 | $918.6K | 0.01% | −969−6.8% | Reduced |
| MetLife Investment Management | 13,585 | $933.8K | 0.01% | 00.0% | Unchanged |
| SEI Investments Co | 13,680 | $940.4K | 0.00% | −4,473−24.6% | Reduced |
| ExodusPoint Capital Management, LP | 14,058 | $966.0K | 0.01% | +10,696+318.1% | Added |
| Voya Investment Management LLC | 14,119 | $970.5K | 0.00% | +3,567+33.8% | Added |
| Summit Global Investments | 14,190 | $975.0K | 0.06% | +14,190 | New |
| American International Group, Inc. | 14,333 | $985.3K | 0.01% | +294+2.1% | Added |
| Deutsche Bank AG | 14,374 | $988.1K | 0.00% | +1,850+14.8% | Added |
| Barclays PLC | 14,394 | $989.4K | 0.00% | −187−1.3% | Reduced |
| Price T Rowe Associates Inc | 14,673 | $1.01M | 0.00% | +1,573+12.0% | Added |
| Illinois Municipal Retirement Fund | 14,834 | $1.02M | 0.02% | +14,834 | New |
| Edgestream Partners, L.P. | 15,300 | $1.05M | 0.08% | −1,732−10.2% | Reduced |
| Northwest Investment Counselors, LLC | 15,657 | $1.08M | 0.30% | −509−3.1% | Reduced |
| State of Tennessee, Treasury Department | 15,894 | $1.09M | 0.00% | −475−2.9% | Reduced |
| State of Alaska, Department of Revenue | 16,001 | $1.10M | 0.01% | −1,081−6.3% | Reduced |
| Gsa Capital Partners LLP | 16,885 | $1.16M | 0.10% | +10,440+162.0% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 17,179 | $1.18M | 0.01% | −12,164−41.5% | Reduced |
| First Trust Advisors LP | 17,425 | $1.20M | 0.00% | −41,723−70.5% | Reduced |
| Formula Growth Ltd | 17,500 | $1.20M | 0.41% | +17,500 | New |
| Virginia Retirement Systems Et Al | 18,400 | $1.26M | 0.01% | +14,300+348.8% | Added |
| HRT Financial LP | 19,694 | $1.35M | 0.01% | −1,499−7.1% | Reduced |
| Walleye Capital LLC | 19,928 | $1.37M | 0.02% | +19,928 | New |
| Comerica Bank | 20,354 | $1.40M | 0.01% | −66,063−76.4% | Reduced |
| Two Sigma Investments, LP | 20,450 | $1.41M | 0.00% | +20,450 | New |
| TD Asset Management Inc | 20,500 | $1.41M | 0.00% | −3,800−15.6% | Reduced |
| Texas Permanent School Fund | 21,718 | $1.49M | 0.01% | −1,139−5.0% | Reduced |
| Citigroup Inc | 22,649 | $1.56M | 0.00% | −2,199−8.8% | Reduced |
| Natixis Advisors, L.P. | 22,768 | $1.56M | 0.00% | −6,680−22.7% | Reduced |
| Isthmus Partners, LLC | 23,342 | $1.60M | 0.23% | +1,054+4.7% | Added |
| Capital Fund Management S.A. | 23,798 | $1.64M | 0.02% | +23,798 | New |
| Credit Suisse AG | 24,591 | $1.69M | 0.00% | −39,495−61.6% | Reduced |
| Scopus Asset Management, L.P. | 25,000 | $1.72M | 0.06% | −49,537−66.5% | Reduced |
| Quantbot Technologies LP | 27,109 | $1.86M | 0.13% | +27,109 | New |
| Cardinal Capital Management | 27,197 | $1.87M | 0.38% | +666+2.5% | Added |
| American Century Companies Inc | 27,555 | $1.89M | 0.00% | +7,093+34.7% | Added |
| Jump Financial, LLC | 27,565 | $1.89M | 0.07% | +27,565 | New |
| Thrivent Financial for Lutherans | 27,935 | $1.92M | 0.00% | −1,552,709−98.2% | Reduced |
| California State Teachers Retirement System | 28,718 | $1.97M | 0.00% | −2,955−9.3% | Reduced |
| PDT Partners, LLC | 28,994 | $1.99M | 0.25% | +28,994 | New |
| SG Americas Securities, LLC | 29,731 | $2.04M | 0.03% | +29,731 | New |
| Great West Life Assurance Co | 29,956 | $2.06M | 0.00% | +1,496+5.3% | Added |
| Prudential Financial Inc | 30,092 | $2.07M | 0.00% | −3,480−10.4% | Reduced |
| Duality Advisers, LP | 30,412 | $2.09M | 0.25% | +30,412 | New |
| Janus Henderson Group PLC | 31,158 | $2.14M | 0.00% | +18,657+149.2% | Added |
| Public Sector Pension Investment Board | 31,760 | $2.18M | 0.02% | −14,318−31.1% | Reduced |
| Envestnet Asset Management Inc | 34,599 | $2.38M | 0.00% | −9,074−20.8% | Reduced |
| State of New Jersey Common Pension Fund D | 34,700 | $2.39M | 0.01% | +10,069+40.9% | Added |
| Segall Bryant & Hamill, LLC | 35,371 | $2.43M | 0.03% | −3,468−8.9% | Reduced |
| Two Sigma Advisers, LP | 36,200 | $2.49M | 0.01% | +36,200 | New |
| Profit Investment Management, LLC | 38,301 | $2.63M | 1.86% | −8,786−18.7% | Reduced |
| Royal Bank of Canada | 38,486 | $2.65M | 0.00% | +21,152+122.0% | Added |
| Cubist Systematic Strategies, LLC | 40,530 | $2.79M | 0.03% | +40,530 | New |
| Seven Eight Capital, LP | 40,572 | $2.79M | 0.33% | +40,572 | New |
| RBA Wealth Management, LLC | 41,070 | $2.82M | 1.36% | +1,594+4.0% | Added |
| Clark Estates Inc | 44,000 | $3.02M | 0.55% | +44,000 | New |
| Public Employees Retirement System of Ohio | 48,011 | $3.30M | 0.01% | +63+0.1% | Added |
| New York State Teachers Retirement System | 49,405 | $3.40M | 0.01% | −9,823−16.6% | Reduced |
| BNP Paribas Arbitrage, SA | 50,132 | $3.45M | 0.01% | +38,533+332.2% | Added |
| Raymond James & Associates | 52,385 | $3.60M | 0.00% | −17,320−24.8% | Reduced |
| D. E. Shaw & Co., Inc. | 56,305 | $3.87M | 0.01% | +56,305 | New |
| Swiss National Bank | 56,900 | $3.91M | 0.00% | 00.0% | Unchanged |
| Victory Capital Management Inc | 59,371 | $4.08M | 0.00% | −679,888−92.0% | Reduced |
| Numerai GP LLC | 60,792 | $4.18M | 1.39% | +60,792 | New |
| Voloridge Investment Management, LLC | 63,103 | $4.34M | 0.02% | +63,103 | New |
| American Capital Management Inc | 63,146 | $4.34M | 0.17% | −200−0.3% | Reduced |
| Advantage Alpha Capital Partners LP | 67,891 | $4.67M | 0.98% | +44,608+191.6% | Added |