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
- 25.0M
- −419.6K (−1.6%) vs. Q3 2023
- Total value
- $1.57B
- −$182.1M (−10.4%) vs. Q3 2023
- New holders
- 53
- 92 more added
- Sold out
- 37
- 87 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 | $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, 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 |
|---|---|---|---|---|---|
| STRS Ohio | 6,900 | $433.0K | 0.00% | −5,700−45.2% | Reduced |
| Snowden Capital Advisors LLC | 7,003 | $440.3K | 0.02% | −28−0.4% | Reduced |
| Arizona State Retirement System | 7,181 | $451.5K | 0.00% | −210−2.8% | Reduced |
| Point72 Hong Kong Ltd | 7,200 | $452.7K | 0.03% | +7,200 | New |
| Y-Intercept (Hong Kong) Ltd | 7,422 | $466.6K | 0.04% | −1,015−12.0% | Reduced |
| State Board of Administration of Florida Retirement System | 7,468 | $469.5K | 0.00% | 00.0% | Unchanged |
| Oregon Public Employees Retirement Fund | 7,535 | $473.7K | 0.01% | −152−2.0% | Reduced |
| Occudo Quantitative Strategies LP | 7,614 | $478.7K | 0.07% | +7,614 | New |
| Raymond James Financial Services Advisors, Inc. | 7,749 | $487.2K | 0.00% | −2,782−26.4% | Reduced |
| US Bancorp | 7,950 | $499.8K | 0.00% | +4,909+161.4% | Added |
| Quinn Opportunity Partners LLC | 8,000 | $503.0K | 0.06% | +8,000 | New |
| Prelude Capital Management, LLC | 8,133 | $511.3K | 0.04% | +4,549+126.9% | Added |
| Keebeck Alpha, LP | 8,133 | $511.3K | 0.40% | +4,549+126.9% | Added |
| Verition Fund Management LLC | 8,141 | $511.8K | 0.01% | +8,141 | New |
| Captrust Financial Advisors | 8,390 | $527.5K | 0.00% | −2,433−22.5% | Reduced |
| Brevan Howard Capital Management LP | 8,508 | $534.9K | 0.05% | +8,508 | New |
| Squarepoint Ops LLC | 8,696 | $546.7K | 0.00% | +8,696 | New |
| Teachers Retirement System of the State of Kentucky | 8,755 | $550.0K | 0.01% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 8,905 | $559.9K | 0.00% | −2,628−22.8% | Reduced |
| Quest Partners LLC | 9,160 | $575.9K | 0.12% | +9,160 | New |
| Maryland State Retirement & Pension System | 9,327 | $586.4K | 0.01% | −138−1.5% | Reduced |
| Point72 Asset Management, L.P. | 9,500 | $597.3K | 0.00% | +6,953+273.0% | Added |
| PYA Waltman Capital, LLC | 9,577 | $602.1K | 0.25% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 9,608 | $604.1K | 0.00% | 00.0% | Unchanged |
| Walleye Trading LLC | 9,928 | $624.2K | 0.01% | +9,928 | New |
| NJ State Employees Deferred Compensation Plan | 10,000 | $628.7K | 0.09% | 00.0% | Unchanged |
| Creative Planning | 10,025 | $630.3K | 0.00% | −165−1.6% | Reduced |
| HRT Financial LP | 10,320 | $648.0K | 0.00% | −9,374−47.6% | Reduced |
| Toroso Investments, LLC | 10,470 | $658.2K | 0.02% | +5,721+120.5% | Added |
| Wells Fargo & Company | 10,675 | $671.2K | 0.00% | +2,013+23.2% | Added |
| Amalgamated Bank | 10,847 | $682.0K | 0.01% | −643−5.6% | Reduced |
| Graham Capital Management, L.P. | 10,905 | $685.6K | 0.02% | +2,381+27.9% | Added |
| Landscape Capital Management, L.L.C. | 11,328 | $712.2K | 0.06% | +11,328 | New |
| LPL Financial LLC | 11,633 | $731.4K | 0.00% | +4,530+63.8% | Added |
| Mirae Asset Global Investments Co., Ltd. | 11,700 | $735.6K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 11,718 | $736.7K | 0.01% | +8,701+288.4% | Added |
| Logan Capital Management Inc | 11,809 | $742.4K | 0.03% | −828−6.6% | Reduced |
| Nomura Holdings Inc | 12,100 | $760.7K | 0.01% | +12,100 | New |
| Dynamic Technology Lab Private Ltd | 12,161 | $765.0K | 0.08% | +5,331+78.1% | Added |
| Interval Partners, LP | 12,282 | $772.2K | 0.03% | +12,282 | New |
| Yousif Capital Management, LLC | 12,749 | $801.5K | 0.01% | −615−4.6% | Reduced |
| Louisiana State Employees Retirement System | 12,800 | $804.7K | 0.02% | −300−2.3% | Reduced |
| Manufacturers Life Insurance Company, The | 12,951 | $814.2K | 0.00% | +20.0% | Added |
| MetLife Investment Management | 13,585 | $854.1K | 0.01% | 00.0% | Unchanged |
| Voya Investment Management LLC | 13,910 | $874.5K | 0.00% | −209−1.5% | Reduced |
| American International Group, Inc. | 14,007 | $880.6K | 0.00% | −326−2.3% | Reduced |
| Northwest Investment Counselors, LLC | 14,883 | $935.7K | 0.25% | −774−4.9% | Reduced |
| Illinois Municipal Retirement Fund | 15,070 | $947.0K | 0.02% | +236+1.6% | Added |
| Price T Rowe Associates Inc | 15,177 | $955.0K | 0.00% | +504+3.4% | Added |
| State of Alaska, Department of Revenue | 15,775 | $991.0K | 0.01% | −226−1.4% | Reduced |
| State of Tennessee, Treasury Department | 15,894 | $999.3K | 0.00% | 00.0% | Unchanged |
| Point72 Middle East FZE | 16,533 | $1.04M | 0.07% | +16,533 | New |
| SEI Investments Co | 16,634 | $1.05M | 0.00% | +2,954+21.6% | Added |
| Summit Global Investments | 16,788 | $1.05M | 0.07% | +2,598+18.3% | Added |
| Capital Fund Management S.A. | 17,313 | $1.09M | 0.01% | −6,485−27.3% | Reduced |
| Aquatic Capital Management LLC | 19,000 | $1.20M | 0.03% | +13,000+216.7% | Added |
| TD Asset Management Inc | 19,400 | $1.22M | 0.00% | −1,100−5.4% | Reduced |
| Centiva Capital, LP | 20,038 | $1.26M | 0.08% | +20,038 | New |
| Entropy Technologies, LP | 20,148 | $1.27M | 0.23% | +20,148 | New |
| Comerica Bank | 20,198 | $1.27M | 0.01% | −156−0.8% | Reduced |
| QSV Equity Investors LLC | 21,198 | $1.33M | 1.30% | +21,198 | New |
| Texas Permanent School Fund | 22,168 | $1.39M | 0.01% | +450+2.1% | Added |
| ClearAlpha Technologies LP | 22,786 | $1.43M | 0.55% | +22,786 | New |
| Thrivent Financial for Lutherans | 22,867 | $1.44M | 0.00% | −5,068−18.1% | Reduced |
| Holocene Advisors, LP | 23,045 | $1.45M | 0.01% | +23,045 | New |
| Seven Eight Capital, LP | 23,606 | $1.48M | 0.17% | −16,966−41.8% | Reduced |
| Credit Suisse AG | 24,958 | $1.57M | 0.00% | +367+1.5% | Added |
| Keebeck Wealth Management, LLC | 26,460 | $1.66M | 0.27% | +26,460 | New |
| Trexquant Investment LP | 27,056 | $1.70M | 0.04% | +27,056 | New |
| California State Teachers Retirement System | 27,117 | $1.70M | 0.00% | −1,601−5.6% | Reduced |
| Cardinal Capital Management | 27,376 | $1.72M | 0.33% | +179+0.7% | Added |
| BNP Paribas Arbitrage, SA | 27,870 | $1.75M | 0.00% | −22,262−44.4% | Reduced |
| Isthmus Partners, LLC | 28,324 | $1.78M | 0.23% | +4,982+21.3% | Added |
| Citigroup Inc | 28,564 | $1.80M | 0.00% | +5,915+26.1% | Added |
| Prudential Financial Inc | 29,519 | $1.86M | 0.00% | −573−1.9% | Reduced |
| Great West Life Assurance Co | 29,635 | $1.86M | 0.00% | −321−1.1% | Reduced |
| National Bank of Canada | 31,900 | $1.98M | 0.00% | +31,900 | New |
| Canada Pension Plan Investment Board | 31,600 | $1.99M | 0.00% | +31,600 | New |
| Royal Bank of Canada | 33,818 | $2.13M | 0.00% | −4,668−12.1% | Reduced |
| Envestnet Asset Management Inc | 34,359 | $2.16M | 0.00% | −240−0.7% | Reduced |
| Segall Bryant & Hamill, LLC | 34,635 | $2.18M | 0.04% | −736−2.1% | Reduced |
| American Century Companies Inc | 34,768 | $2.19M | 0.00% | +7,213+26.2% | Added |
| UBS Asset Management Americas Inc | 35,315 | $2.22M | 0.00% | −76,762−68.5% | Reduced |
| Jump Financial, LLC | 35,869 | $2.26M | 0.07% | +8,304+30.1% | Added |
| Renaissance Technologies LLC | 36,239 | $2.28M | 0.00% | +36,239 | New |
| Quantbot Technologies LP | 36,924 | $2.32M | 0.13% | +9,815+36.2% | Added |
| Duality Advisers, LP | 39,047 | $2.45M | 0.26% | +8,635+28.4% | Added |
| PDT Partners, LLC | 39,351 | $2.47M | 0.27% | +10,357+35.7% | Added |
| State of New Jersey Common Pension Fund D | 39,391 | $2.48M | 0.01% | +4,691+13.5% | Added |
| Two Sigma Advisers, LP | 40,600 | $2.55M | 0.01% | +4,400+12.2% | Added |
| Janus Henderson Group PLC | 42,138 | $2.65M | 0.00% | +10,980+35.2% | Added |
| Raymond James & Associates | 42,336 | $2.66M | 0.00% | −10,049−19.2% | Reduced |
| Profit Investment Management, LLC | 42,341 | $2.66M | 1.52% | +4,040+10.5% | Added |
| RBA Wealth Management, LLC | 42,981 | $2.70M | 1.18% | +1,911+4.7% | Added |
| Clark Estates Inc | 44,000 | $2.77M | 0.47% | 00.0% | Unchanged |
| New York State Teachers Retirement System | 44,707 | $2.81M | 0.01% | −4,698−9.5% | Reduced |
| Engineers Gate Manager LP | 47,345 | $2.98M | 0.08% | +41,607+725.1% | Added |
| Public Employees Retirement System of Ohio | 48,080 | $3.02M | 0.01% | +69+0.1% | Added |
| Emerald Mutual Fund Advisers Trust | 48,588 | $3.05M | 0.16% | −63,115−56.5% | Reduced |
| Swiss National Bank | 50,700 | $3.19M | 0.00% | −6,200−10.9% | Reduced |