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, Q4 2023
Institutional positions in Forward Air Corp as of Dec 31, 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
- 264
- +16 vs. Q3 2023
- Shares held
- 26.7M
- +1.23M (+4.8%) vs. Q3 2023
- Total value
- $1.68B
- −$78.6M (−4.5%) vs. Q3 2023
- New holders
- 53
- 93 more added
- Sold out
- 37
- 86 more reduced
4 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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 | $493.0M |
| Q4 2025 | 202 | $744.6M |
| Q3 2025 | 202 | $886.8M |
| Q2 2025 | 181 | $812.5M |
| Q1 2025 | 195 | $671.9M |
| Q4 2024 | 211 | $1.07B |
| Q3 2024 | 208 | $1.18B |
| Q2 2024 | 192 | $637.0M |
| Q1 2024 | 226 | $980.7M |
| Q4 2023 | 264 | $1.68B |
| Q3 2023 | 252 | $1.76B |
| Q2 2023 | 245 | $2.68B |
| Q1 2023 | 259 | $2.82B |
| Q4 2022 | 276 | $2.72B |
| Q3 2022 | 247 | $2.41B |
| Q2 2022 | 247 | $2.46B |
| Q1 2022 | 246 | $2.57B |
| Q4 2021 | 240 | $3.20B |
| Q3 2021 | 216 | $2.20B |
| Q2 2021 | 220 | $2.39B |
| Q1 2021 | 206 | $2.38B |
Institutions, Q4 2023
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 4,100,572 | $257.8M | 0.01% | +152,716+3.9% | Added |
| Morgan Stanley | 3,070,706 | $193.1M | 0.01% | +1,857,301+153.1% | Added |
| Vanguard Group Inc | 2,982,873 | $187.5M | 0.00% | +63,322+2.2% | Added |
| Silvercrest Asset Management Group LLC | 1,129,531 | $71.0M | 0.50% | −109,247−8.8% | Reduced |
| State Street Corp | 1,075,816 | $67.6M | 0.00% | +72,672+7.2% | Added |
| Dimensional Fund Advisors LP | 803,393 | $50.5M | 0.01% | +25,523+3.3% | Added |
| Norges Bank | 688,425 | $43.3M | 0.01% | +616,824+861.5% | Added |
| Clearbridge Investments, LLC | 676,018 | $42.5M | 0.04% | +4,648+0.7% | Added |
| Pacer Advisors, Inc. | 645,931 | $40.6M | 0.11% | +203,597+46.0% | Added |
| Geode Capital Management, LLC | 609,008 | $38.3M | 0.00% | +23,375+4.0% | Added |
| Millennium Management LLC | 459,498 | $28.9M | 0.03% | +175,733+61.9% | Added |
| Jacobs Levy Equity Management, Inc | 445,451 | $28.0M | 0.14% | +40,009+9.9% | Added |
| Northern Trust Corp | 414,535 | $26.1M | 0.00% | −25,870−5.9% | Reduced |
| Schroder Investment Management Group | 410,664 | $25.8M | 0.03% | +77,909+23.4% | Added |
| River Road Asset Management, LLC | 398,619 | $25.1M | 0.35% | −5,097−1.3% | Reduced |
| P Schoenfeld Asset Management LP | 387,348 | $24.4M | 6.80% | +86,348+28.7% | Added |
| Nuveen Asset Management, LLC | 357,090 | $22.5M | 0.01% | +106,976+42.8% | Added |
| Charles Schwab Investment Management Inc | 356,921 | $22.4M | 0.01% | +24,567+7.4% | Added |
| Boston Trust Walden Corp | 299,755 | $18.8M | 0.14% | +2,710+0.9% | Added |
| Bank of New York Mellon Corp | 277,491 | $17.4M | 0.00% | +19,611+7.6% | Added |
| JPMorgan Chase & Co | 219,480 | $13.8M | 0.00% | +57,882+35.8% | Added |
| FMR LLC | 216,258 | $13.6M | 0.00% | −26,931−11.1% | Reduced |
| ExodusPoint Capital Management, LP | 207,826 | $13.1M | 0.16% | +193,768+1,378.3% | Added |
| Penn Capital Management Co Inc | 174,172 | $11.0M | 1.01% | +37,799+27.7% | Added |
| Hotchkis & Wiley Capital Management LLC | 169,630 | $10.7M | 0.04% | +14,700+9.5% | Added |
| Bank of America Corp | 161,517 | $10.2M | 0.00% | −373,236−69.8% | Reduced |
| Ameriprise Financial Inc | 154,199 | $9.69M | 0.00% | −519,170−77.1% | Reduced |
| Deutsche Bank AG | 150,451 | $9.46M | 0.00% | +136,077+946.7% | Added |
| Clifford Capital Partners LLC | 144,601 | $9.09M | 2.34% | +2,506+1.8% | Added |
| Principal Financial Group Inc | 141,202 | $8.88M | 0.01% | −2,055−1.4% | Reduced |
| Cubist Systematic Strategies, LLC | 137,187 | $8.62M | 0.11% | +96,657+238.5% | Added |
| Marshall Wace, LLP | 134,308 | $8.44M | 0.02% | +134,308 | New |
| Ancora Advisors, LLC | 126,553 | $7.96M | 0.19% | −619,032−83.0% | Reduced |
| New York State Common Retirement Fund | 122,011 | $7.67M | 0.01% | +26,016+27.1% | Added |
| Royce & Associates LP | 121,075 | $7.61M | 0.07% | −20,316−14.4% | Reduced |
| Walleye Capital LLC | 119,757 | $7.53M | 0.11% | +99,829+500.9% | Added |
| Ceredex Value Advisors LLC | 119,701 | $7.53M | 0.13% | −58,549−32.8% | Reduced |
| Russell Investments Group, Ltd. | 115,358 | $7.25M | 0.01% | +18,159+18.7% | Added |
| Invesco Ltd. | 110,813 | $6.97M | 0.00% | −1,453−1.3% | Reduced |
| Goldman Sachs Group Inc | 108,926 | $6.85M | 0.00% | +27,213+33.3% | Added |
| Voloridge Investment Management, LLC | 107,493 | $6.76M | 0.03% | +44,390+70.3% | Added |
| Qube Research & Technologies Ltd | 105,501 | $6.63M | 0.02% | +105,501 | New |
| Emerald Advisers, LLC | 103,391 | $6.50M | 0.28% | −34,627−25.1% | Reduced |
| UBS Group AG | 101,601 | $6.39M | 0.00% | −581,965−85.1% | Reduced |
| Scout Investments, Inc. | 94,817 | $5.96M | 0.15% | −1,493−1.6% | Reduced |
| Citadel Advisors LLC | 88,958 | $5.59M | 0.01% | −119,657−57.4% | Reduced |
| Man Group plc | 87,241 | $5.48M | 0.02% | – | – |
| Barclays PLC | 86,775 | $5.46M | 0.00% | +72,381+502.9% | Added |
| Two Sigma Investments, LP | 85,229 | $5.36M | 0.01% | +64,779+316.8% | Added |
| CNH Partners LLC | 83,536 | $5.25M | 0.21% | +83,536 | New |
| Rhumbline Advisers | 80,809 | $5.08M | 0.01% | +3,860+5.0% | Added |
| Alliancebernstein L.P. | 77,748 | $4.89M | 0.00% | +1,000+1.3% | Added |
| Jane Street Group, LLC | 75,207 | $4.73M | 0.01% | +65,792+698.8% | Added |
| Legal & General Group Plc | 73,920 | $4.65M | 0.00% | −542−0.7% | Reduced |
| Victory Capital Management Inc | 72,685 | $4.57M | 0.00% | +13,314+22.4% | Added |
| D. E. Shaw & Co., Inc. | 71,766 | $4.51M | 0.01% | +15,461+27.5% | Added |
| Numerai GP LLC | 63,330 | $3.98M | 1.41% | +2,538+4.2% | Added |
| American Capital Management Inc | 62,259 | $3.91M | 0.13% | −887−1.4% | Reduced |
| Quadrature Capital Ltd | 59,808 | $3.76M | 0.07% | −82,527−58.0% | Reduced |
| Edgestream Partners, L.P. | 57,964 | $3.64M | 0.26% | +42,664+278.8% | Added |
| Twinbeech Capital LP | 57,594 | $3.62M | 0.06% | +57,594 | New |
| Tudor Investment Corp Et Al | 56,661 | $3.56M | 0.05% | +56,661 | New |
| Schonfeld Strategic Advisors LLC | 55,766 | $3.51M | 0.03% | −202,345−78.4% | Reduced |
| Public Sector Pension Investment Board | 53,261 | $3.35M | 0.03% | +21,501+67.7% | Added |
| Swiss National Bank | 50,700 | $3.19M | 0.00% | −6,200−10.9% | Reduced |
| Emerald Mutual Fund Advisers Trust | 48,588 | $3.05M | 0.16% | −63,115−56.5% | Reduced |
| Public Employees Retirement System of Ohio | 48,080 | $3.02M | 0.01% | +69+0.1% | Added |
| Engineers Gate Manager LP | 47,345 | $2.98M | 0.08% | +41,607+725.1% | Added |
| New York State Teachers Retirement System | 44,707 | $2.81M | 0.01% | −4,698−9.5% | Reduced |
| Clark Estates Inc | 44,000 | $2.77M | 0.47% | 00.0% | Unchanged |
| RBA Wealth Management, LLC | 42,981 | $2.70M | 1.18% | +1,911+4.7% | Added |
| Profit Investment Management, LLC | 42,341 | $2.66M | 1.52% | +4,040+10.5% | Added |
| Raymond James & Associates | 42,336 | $2.66M | 0.00% | −10,049−19.2% | Reduced |
| Janus Henderson Group PLC | 42,138 | $2.65M | 0.00% | +10,980+35.2% | Added |
| Two Sigma Advisers, LP | 40,600 | $2.55M | 0.01% | +4,400+12.2% | Added |
| State of New Jersey Common Pension Fund D | 39,391 | $2.48M | 0.01% | +4,691+13.5% | Added |
| PDT Partners, LLC | 39,351 | $2.47M | 0.27% | +10,357+35.7% | Added |
| Duality Advisers, LP | 39,047 | $2.45M | 0.26% | +8,635+28.4% | Added |
| Quantbot Technologies LP | 36,924 | $2.32M | 0.13% | +9,815+36.2% | Added |
| Renaissance Technologies LLC | 36,239 | $2.28M | 0.00% | +36,239 | New |
| Jump Financial, LLC | 35,869 | $2.26M | 0.07% | +8,304+30.1% | Added |
| UBS Asset Management Americas Inc | 35,315 | $2.22M | 0.00% | −76,762−68.5% | Reduced |
| American Century Companies Inc | 34,768 | $2.19M | 0.00% | +7,213+26.2% | Added |
| Segall Bryant & Hamill, LLC | 34,635 | $2.18M | 0.04% | −736−2.1% | Reduced |
| Envestnet Asset Management Inc | 34,359 | $2.16M | 0.00% | −240−0.7% | Reduced |
| Royal Bank of Canada | 33,818 | $2.13M | 0.00% | −4,668−12.1% | Reduced |
| Canada Pension Plan Investment Board | 31,600 | $1.99M | 0.00% | +31,600 | New |
| National Bank of Canada | 31,900 | $1.98M | 0.00% | +31,900 | New |
| Great West Life Assurance Co | 29,635 | $1.86M | 0.00% | −321−1.1% | Reduced |
| Prudential Financial Inc | 29,519 | $1.86M | 0.00% | −573−1.9% | Reduced |
| Citigroup Inc | 28,564 | $1.80M | 0.00% | +5,915+26.1% | Added |
| Isthmus Partners, LLC | 28,324 | $1.78M | 0.23% | +4,982+21.3% | Added |
| BNP Paribas Arbitrage, SA | 27,870 | $1.75M | 0.00% | −22,262−44.4% | Reduced |
| Cardinal Capital Management | 27,376 | $1.72M | 0.33% | +179+0.7% | Added |
| California State Teachers Retirement System | 27,117 | $1.70M | 0.00% | −1,601−5.6% | Reduced |
| Trexquant Investment LP | 27,056 | $1.70M | 0.04% | +27,056 | New |
| Keebeck Wealth Management, LLC | 26,460 | $1.66M | 0.27% | +26,460 | New |
| Credit Suisse AG | 24,958 | $1.57M | 0.00% | +367+1.5% | Added |
| Seven Eight Capital, LP | 23,606 | $1.48M | 0.17% | −16,966−41.8% | Reduced |
| Holocene Advisors, LP | 23,045 | $1.45M | 0.01% | +23,045 | New |