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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
Metropolitan Life Insurance Co1,505$103.5K0.01%+95+6.7%Added
Steward Partners Investment Advisory, LLC1,227$84.3K0.00%+478+63.8%Added
Signaturefd, LLC948$65.2K0.00%+715+306.9%Added
State of Wyoming775$53.3K0.01%−545−41.3%Reduced
KBC Group NV696$48.0K0.00%−1,280−64.8%Reduced
CWM, LLC669$46.0K0.00%+311+86.9%Added
Northwestern Mutual Wealth Management Co631$43.4K0.00%00.0%Unchanged
Harel Insurance Investments & Financial Services Ltd.525$36.0K0.00%−2,683−83.6%Reduced
Nalls Sherbakoff Group, LLC500$34.4K0.03%00.0%Unchanged
Covestor Ltd491$34.0K0.03%−419−46.0%Reduced
Quadrant Capital Group LLC298$20.5K0.00%−557−65.1%Reduced
Coppell Advisory Solutions LLC194$20.3K0.01%+194New
Park Place Capital Corp277$19.0K0.01%00.0%Unchanged
Byrne Asset Management LLC280$19.0K0.02%+280New
Federation des caisses Desjardins du Quebec265$18.2K0.00%+265New
Allworth Financial LP223$15.3K0.00%+203+1,015.0%Added
Advisors Asset Management, Inc.220$15.1K0.00%+220New
First Horizon Advisors, Inc.193$13.3K0.00%−415−68.3%Reduced
Quarry LP178$12.2K0.01%+178New
Umb Bank N A163$11.2K0.00%−257−61.2%Reduced
Bessemer Group Inc154$11.0K0.00%−6−3.8%Reduced
Contravisory Investment Management, Inc.146$10.0K0.00%00.0%Unchanged
Fifth Third Bancorp135$9.28K0.00%+40+42.1%Added
Larson Financial Group LLC116$7.97K0.00%00.0%Unchanged
Baker Avenue Asset Management, LP107$7.36K0.00%+94+723.1%Added
Rosenberg Matthew Hamilton100$6.87K0.00%00.0%Unchanged
Parkside Financial Bank & Trust95$6.53K0.00%+3+3.3%Added
Ronald Blue Trust, Inc.55$6.00K0.00%+48+685.7%Added
KB Financial Partners, LLC69$5.00K0.00%00.0%Unchanged
McIlrath & Eck, LLC70$4.81K0.00%00.0%Unchanged
West Branch Capital LLC65$4.47K0.00%+65New
Farther Finance Advisors, LLC56$3.85K0.00%+2+3.7%Added
GoalVest Advisory LLC52$3.57K0.00%−1−1.9%Reduced
EverSource Wealth Advisors, LLC42$2.89K0.00%−383−90.1%Reduced
Parallel Advisors, LLC42$2.89K0.00%−88−67.7%Reduced
IFP Advisors, Inc41$2.82K0.00%00.0%Unchanged
Harbour Investments, Inc.40$2.75K0.00%00.0%Unchanged
Massmutual Trust Co FSB38$2.61K0.00%+10+35.7%Added
LGT Financial Advisors LLC35$2.41K0.00%+35New
Lindbrook Capital, LLC34$2.34K0.00%−7−17.1%Reduced
Federated Hermes, Inc.27$1.86K0.00%00.0%Unchanged
Farmers & Merchants Investments Inc18$1.24K0.00%−2−10.0%Reduced
Bell Investment Advisors, Inc17$1.17K0.00%−11−39.3%Reduced
Group One Trading, L.P.15$1.03K0.00%+15New
Bokf, NA15$9660.00%+15New
Grove Bank & Trust12$8250.00%+12New
Gradient Investments LLC7$4810.00%00.0%Unchanged
SJS Investment Consulting Inc.5$3440.00%00.0%Unchanged
Abound Wealth Management5$3440.00%00.0%Unchanged
Global Retirement Partners, LLC2$1420.00%−14−87.5%Reduced
JFS Wealth Advisors, LLC2$1380.00%−16−88.9%Reduced
Tfo-TDC, LLC1$1060.00%00.0%Unchanged
Proequities, Inc.0$00.00%−315−100.0%Sold out
ArrowMark Colorado Holdings LLC0$00.00%−960,571−100.0%Sold out
Vulcan Value Partners, LLC0$00.00%−267,300−100.0%Sold out
Tributary Capital Management, LLC0$00.00%−157,433−100.0%Sold out
Confluence Investment Management LLC0$00.00%−49,467−100.0%Sold out
Aptus Capital Advisors, LLC0$00.00%−43,462−100.0%Sold out
Hudson Bay Capital Management LP0$00.00%−34,212−100.0%Sold out
Miller Howard Investments Inc0$00.00%−32,749−100.0%Sold out
Chatham Capital Group, Inc.0$00.00%−28,767−100.0%Sold out
Cambiar Investors LLC0$00.00%−21,445−100.0%Sold out
First National Bank of Omaha0$00.00%−18,591−100.0%Sold out
Renaissance Group LLC0$00.00%−17,793−100.0%Sold out
Renaissance Technologies LLC0$00.00%−17,739−100.0%Sold out
Alps Advisors Inc0$00.00%−14,567−100.0%Sold out
M&T Bank Corp0$00.00%−12,730−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−10,232−100.0%Sold out
Vident Investment Advisory, LLC0$00.00%−9,679−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−8,545−100.0%Sold out
Ergoteles LLC0$00.00%−7,158−100.0%Sold out
Azzad Asset Management Inc0$00.00%−6,076−100.0%Sold out
Westwood Holdings Group Inc.0$00.00%−5,224−100.0%Sold out
Mirabella Financial Services LLP0$00.00%−5,199−100.0%Sold out
Pitcairn Co0$00.00%−4,708−100.0%Sold out
Hennion & Walsh Asset Management, Inc.0$00.00%−3,708−100.0%Sold out
Janney Montgomery Scott LLC0$00.00%−3,463−100.0%Sold out
JustInvest LLC0$00.00%−3,081−100.0%Sold out
CAPROCK Group, Inc.0$00.00%−2,869−100.0%Sold out
Pearl River Capital, LLC0$00.00%−2,828−100.0%Sold out
Keybank National Association0$00.00%−2,825−100.0%Sold out
Winton Group Ltd0$00.00%−2,735−100.0%Sold out
Mariner, LLC0$00.00%−2,537−100.0%Sold out
Stifel Financial Corp0$00.00%−2,536−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−2,441−100.0%Sold out
Squarepoint Ops LLC0$00.00%−2,356−100.0%Sold out
Commonwealth Equity Services, LLC0$00.00%−2,271−100.0%Sold out
HighTower Advisors, LLC0$00.00%−2,212−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−2,106−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−2,063−100.0%Sold out
Stephens Inc0$00.00%−2,059−100.0%Sold out
Glenmede Trust Co NA0$00.00%−1,990−100.0%Sold out
CI Private Wealth, LLC0$00.00%−1,925−100.0%Sold out
MQS Management LLC0$00.00%−1,886−100.0%Sold out
Lazard Asset Management LLC0$00.00%−733−100.0%Sold out
Exchange Traded Concepts, LLC0$00.00%−474−100.0%Sold out
Pinebridge Investments, L.P.0$00.00%−209−100.0%Sold out
Private Trust Co NA0$00.00%−54−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−12−100.0%Sold out
Manchester Capital Management LLC0$00.00%−9−100.0%Sold out