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 |
|---|---|---|---|---|---|
| Norges Bank | 71,601 | $4.92M | 0.00% | −217,317−75.2% | Reduced |
| SG Capital Management LLC | 72,103 | $4.96M | 2.11% | +72,103 | New |
| Cooper Creek Partners Management LLC | 73,453 | $5.05M | 0.31% | +73,453 | New |
| Legal & General Group Plc | 74,462 | $5.12M | 0.00% | −1,195−1.6% | Reduced |
| Alliancebernstein L.P. | 76,748 | $5.28M | 0.00% | +40,843+113.8% | Added |
| Rhumbline Advisers | 76,949 | $5.29M | 0.01% | −772−1.0% | Reduced |
| Goldman Sachs Group Inc | 81,713 | $5.62M | 0.00% | +4,920+6.4% | Added |
| Man Group plc | – | $6.38M | 0.02% | – | – |
| Scout Investments, Inc. | 96,310 | $6.56M | 0.15% | +1,356+1.4% | Added |
| New York State Common Retirement Fund | 95,995 | $6.60M | 0.01% | +84,779+755.9% | Added |
| Russell Investments Group, Ltd. | 97,199 | $6.68M | 0.01% | +93,367+2,436.5% | Added |
| Emerald Mutual Fund Advisers Trust | 111,703 | $7.68M | 0.46% | −18,931−14.5% | Reduced |
| UBS Asset Management Americas Inc | 112,077 | $7.70M | 0.00% | −44,504−28.4% | Reduced |
| Invesco Ltd. | 112,266 | $7.72M | 0.00% | −6,085−5.1% | Reduced |
| Penn Capital Management Co Inc | 136,373 | $9.41M | 0.96% | +136,373 | New |
| Emerald Advisers, LLC | 138,018 | $9.49M | 0.46% | −20,842−13.1% | Reduced |
| Royce & Associates LP | 141,391 | $9.72M | 0.10% | −562,272−79.9% | Reduced |
| Neuberger Berman Group LLC | 141,947 | $9.76M | 0.01% | −1,331,402−90.4% | Reduced |
| Clifford Capital Partners LLC | 142,095 | $9.77M | 2.85% | +142,095 | New |
| Quadrature Capital Ltd | 142,335 | $9.78M | 0.20% | +142,335 | New |
| Principal Financial Group Inc | 143,257 | $9.85M | 0.01% | −8,345−5.5% | Reduced |
| Weiss Multi-Strategy Advisers LLC | 150,000 | $10.3M | 0.25% | +22,892+18.0% | Added |
| Hotchkis & Wiley Capital Management LLC | 154,930 | $10.6M | 0.04% | +77,437+99.9% | Added |
| JPMorgan Chase & Co | 161,598 | $11.1M | 0.00% | +73,986+84.4% | Added |
| Ceredex Value Advisors LLC | 178,250 | $12.3M | 0.22% | +59,225+49.8% | Added |
| Citadel Advisors LLC | 208,615 | $14.3M | 0.02% | +200,560+2,489.9% | Added |
| FMR LLC | 243,189 | $16.7M | 0.00% | +73,335+43.2% | Added |
| Nuveen Asset Management, LLC | 250,114 | $17.2M | 0.01% | +88,895+55.1% | Added |
| Bank of New York Mellon Corp | 257,880 | $17.7M | 0.00% | −11,494−4.3% | Reduced |
| Schonfeld Strategic Advisors LLC | 258,111 | $17.7M | 0.16% | +258,111 | New |
| Millennium Management LLC | 283,765 | $19.5M | 0.02% | +261,050+1,149.2% | Added |
| Boston Trust Walden Corp | 297,045 | $20.4M | 0.17% | +17,076+6.1% | Added |
| P Schoenfeld Asset Management LP | 301,000 | $20.7M | 2.63% | +301,000 | New |
| Charles Schwab Investment Management Inc | 332,354 | $22.8M | 0.01% | +19,080+6.1% | Added |
| Schroder Investment Management Group | 332,755 | $22.9M | 0.03% | +332,755 | New |
| River Road Asset Management, LLC | 403,716 | $27.8M | 0.40% | −5,543−1.4% | Reduced |
| Jacobs Levy Equity Management, Inc | 405,442 | $27.9M | 0.17% | +405,442 | New |
| Northern Trust Corp | 440,405 | $30.3M | 0.01% | +70,196+19.0% | Added |
| Pacer Advisors, Inc. | 442,334 | $30.4M | 0.12% | +230,163+108.5% | Added |
| Bank of America Corp | 534,753 | $36.8M | 0.00% | +408,236+322.7% | Added |
| Geode Capital Management, LLC | 585,633 | $40.3M | 0.00% | +17,441+3.1% | Added |
| Clearbridge Investments, LLC | 671,370 | $46.1M | 0.04% | −317,419−32.1% | Reduced |
| Ameriprise Financial Inc | 673,369 | $46.3M | 0.02% | +45,912+7.3% | Added |
| UBS Group AG | 683,566 | $47.0M | 0.02% | +608,430+809.8% | Added |
| Assenagon Asset Management S.A. | 726,538 | $49.9M | 0.17% | +721,877+15,487.6% | Added |
| Ancora Advisors, LLC | 745,585 | $51.3M | 1.37% | +745,585 | New |
| Dimensional Fund Advisors LP | 777,870 | $53.5M | 0.02% | −10,028−1.3% | Reduced |
| State Street Corp | 1,003,144 | $69.0M | 0.00% | +29,110+3.0% | Added |
| Morgan Stanley | 1,213,405 | $83.4M | 0.01% | +428,912+54.7% | Added |
| Silvercrest Asset Management Group LLC | 1,238,778 | $85.2M | 0.65% | +43,266+3.6% | Added |
| Vanguard Group Inc | 2,919,551 | $200.7M | 0.00% | −33,234−1.1% | Reduced |
| BlackRock Inc. | 3,947,856 | $271.4M | 0.01% | −59,858−1.5% | Reduced |
| Proequities, Inc. | 0 | $0 | 0.00% | −315−100.0% | Sold out |
| ArrowMark Colorado Holdings LLC | 0 | $0 | 0.00% | −960,571−100.0% | Sold out |
| Vulcan Value Partners, LLC | 0 | $0 | 0.00% | −267,300−100.0% | Sold out |
| Tributary Capital Management, LLC | 0 | $0 | 0.00% | −157,433−100.0% | Sold out |
| Confluence Investment Management LLC | 0 | $0 | 0.00% | −49,467−100.0% | Sold out |
| Aptus Capital Advisors, LLC | 0 | $0 | 0.00% | −43,462−100.0% | Sold out |
| Hudson Bay Capital Management LP | 0 | $0 | 0.00% | −34,212−100.0% | Sold out |
| Miller Howard Investments Inc | 0 | $0 | 0.00% | −32,749−100.0% | Sold out |
| Chatham Capital Group, Inc. | 0 | $0 | 0.00% | −28,767−100.0% | Sold out |
| Cambiar Investors LLC | 0 | $0 | 0.00% | −21,445−100.0% | Sold out |
| First National Bank of Omaha | 0 | $0 | 0.00% | −18,591−100.0% | Sold out |
| Renaissance Group LLC | 0 | $0 | 0.00% | −17,793−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −17,739−100.0% | Sold out |
| Alps Advisors Inc | 0 | $0 | 0.00% | −14,567−100.0% | Sold out |
| M&T Bank Corp | 0 | $0 | 0.00% | −12,730−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −10,232−100.0% | Sold out |
| Vident Investment Advisory, LLC | 0 | $0 | 0.00% | −9,679−100.0% | Sold out |
| Qube Research & Technologies Ltd | 0 | $0 | 0.00% | −8,545−100.0% | Sold out |
| Ergoteles LLC | 0 | $0 | 0.00% | −7,158−100.0% | Sold out |
| Azzad Asset Management Inc | 0 | $0 | 0.00% | −6,076−100.0% | Sold out |
| Westwood Holdings Group Inc. | 0 | $0 | 0.00% | −5,224−100.0% | Sold out |
| Mirabella Financial Services LLP | 0 | $0 | 0.00% | −5,199−100.0% | Sold out |
| Pitcairn Co | 0 | $0 | 0.00% | −4,708−100.0% | Sold out |
| Hennion & Walsh Asset Management, Inc. | 0 | $0 | 0.00% | −3,708−100.0% | Sold out |
| Janney Montgomery Scott LLC | 0 | $0 | 0.00% | −3,463−100.0% | Sold out |
| JustInvest LLC | 0 | $0 | 0.00% | −3,081−100.0% | Sold out |
| CAPROCK Group, Inc. | 0 | $0 | 0.00% | −2,869−100.0% | Sold out |
| Pearl River Capital, LLC | 0 | $0 | 0.00% | −2,828−100.0% | Sold out |
| Keybank National Association | 0 | $0 | 0.00% | −2,825−100.0% | Sold out |
| Winton Group Ltd | 0 | $0 | 0.00% | −2,735−100.0% | Sold out |
| Mariner, LLC | 0 | $0 | 0.00% | −2,537−100.0% | Sold out |
| Stifel Financial Corp | 0 | $0 | 0.00% | −2,536−100.0% | Sold out |
| O'Shaughnessy Asset Management, LLC | 0 | $0 | 0.00% | −2,441−100.0% | Sold out |
| Squarepoint Ops LLC | 0 | $0 | 0.00% | −2,356−100.0% | Sold out |
| Commonwealth Equity Services, LLC | 0 | $0 | 0.00% | −2,271−100.0% | Sold out |
| HighTower Advisors, LLC | 0 | $0 | 0.00% | −2,212−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −2,106−100.0% | Sold out |
| State of Wisconsin Investment Board | 0 | $0 | 0.00% | −2,063−100.0% | Sold out |
| Stephens Inc | 0 | $0 | 0.00% | −2,059−100.0% | Sold out |
| Glenmede Trust Co NA | 0 | $0 | 0.00% | −1,990−100.0% | Sold out |
| CI Private Wealth, LLC | 0 | $0 | 0.00% | −1,925−100.0% | Sold out |
| MQS Management LLC | 0 | $0 | 0.00% | −1,886−100.0% | Sold out |
| Lazard Asset Management LLC | 0 | $0 | 0.00% | −733−100.0% | Sold out |
| Exchange Traded Concepts, LLC | 0 | $0 | 0.00% | −474−100.0% | Sold out |
| Pinebridge Investments, L.P. | 0 | $0 | 0.00% | −209−100.0% | Sold out |
| Private Trust Co NA | 0 | $0 | 0.00% | −54−100.0% | Sold out |
| Hexagon Capital Partners LLC | 0 | $0 | 0.00% | −12−100.0% | Sold out |
| Manchester Capital Management LLC | 0 | $0 | 0.00% | −9−100.0% | Sold out |