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 |
|---|---|---|---|---|---|
| Public Sector Pension Investment Board | 53,261 | $3.35M | 0.03% | +21,501+67.7% | Added |
| Schonfeld Strategic Advisors LLC | 55,766 | $3.51M | 0.03% | −202,345−78.4% | Reduced |
| Tudor Investment Corp Et Al | 56,661 | $3.56M | 0.05% | +56,661 | New |
| Twinbeech Capital LP | 57,594 | $3.62M | 0.06% | +57,594 | New |
| Edgestream Partners, L.P. | 57,964 | $3.64M | 0.26% | +42,664+278.8% | Added |
| Quadrature Capital Ltd | 59,808 | $3.76M | 0.07% | −82,527−58.0% | Reduced |
| American Capital Management Inc | 62,259 | $3.91M | 0.13% | −887−1.4% | Reduced |
| Numerai GP LLC | 63,330 | $3.98M | 1.41% | +2,538+4.2% | Added |
| D. E. Shaw & Co., Inc. | 71,766 | $4.51M | 0.01% | +15,461+27.5% | Added |
| Victory Capital Management Inc | 72,685 | $4.57M | 0.00% | +13,314+22.4% | Added |
| Legal & General Group Plc | 73,920 | $4.65M | 0.00% | −542−0.7% | Reduced |
| Jane Street Group, LLC | 75,207 | $4.73M | 0.01% | +65,792+698.8% | Added |
| Alliancebernstein L.P. | 77,748 | $4.89M | 0.00% | +1,000+1.3% | Added |
| Rhumbline Advisers | 80,809 | $5.08M | 0.01% | +3,860+5.0% | Added |
| CNH Partners LLC | 83,536 | $5.25M | 0.21% | +83,536 | New |
| Two Sigma Investments, LP | 85,229 | $5.36M | 0.01% | +64,779+316.8% | Added |
| Barclays PLC | 86,775 | $5.46M | 0.00% | +72,381+502.9% | Added |
| Man Group plc | 87,241 | $5.48M | 0.02% | – | – |
| Citadel Advisors LLC | 88,958 | $5.59M | 0.01% | −119,657−57.4% | Reduced |
| Scout Investments, Inc. | 94,817 | $5.96M | 0.15% | −1,493−1.6% | Reduced |
| UBS Group AG | 101,601 | $6.39M | 0.00% | −581,965−85.1% | Reduced |
| Emerald Advisers, LLC | 103,391 | $6.50M | 0.28% | −34,627−25.1% | Reduced |
| Qube Research & Technologies Ltd | 105,501 | $6.63M | 0.02% | +105,501 | New |
| Voloridge Investment Management, LLC | 107,493 | $6.76M | 0.03% | +44,390+70.3% | Added |
| Goldman Sachs Group Inc | 108,926 | $6.85M | 0.00% | +27,213+33.3% | Added |
| JPMorgan Chase & Co | 109,740 | $6.90M | 0.00% | −51,858−32.1% | Reduced |
| Invesco Ltd. | 110,813 | $6.97M | 0.00% | −1,453−1.3% | Reduced |
| Russell Investments Group, Ltd. | 115,358 | $7.25M | 0.01% | +18,159+18.7% | Added |
| Ceredex Value Advisors LLC | 119,701 | $7.53M | 0.13% | −58,549−32.8% | Reduced |
| Walleye Capital LLC | 119,757 | $7.53M | 0.11% | +99,829+500.9% | Added |
| Royce & Associates LP | 121,075 | $7.61M | 0.07% | −20,316−14.4% | Reduced |
| New York State Common Retirement Fund | 122,011 | $7.67M | 0.01% | +26,016+27.1% | Added |
| Ancora Advisors, LLC | 126,553 | $7.96M | 0.19% | −619,032−83.0% | Reduced |
| Marshall Wace, LLP | 134,308 | $8.44M | 0.02% | +134,308 | New |
| Cubist Systematic Strategies, LLC | 137,187 | $8.62M | 0.11% | +96,657+238.5% | Added |
| Principal Financial Group Inc | 141,202 | $8.88M | 0.01% | −2,055−1.4% | Reduced |
| Clifford Capital Partners LLC | 144,601 | $9.09M | 2.34% | +2,506+1.8% | Added |
| Deutsche Bank AG | 150,451 | $9.46M | 0.00% | +136,077+946.7% | Added |
| Ameriprise Financial Inc | 154,199 | $9.69M | 0.00% | −519,170−77.1% | Reduced |
| Bank of America Corp | 161,517 | $10.2M | 0.00% | −373,236−69.8% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 169,630 | $10.7M | 0.04% | +14,700+9.5% | Added |
| Penn Capital Management Co Inc | 174,172 | $11.0M | 1.01% | +37,799+27.7% | Added |
| ExodusPoint Capital Management, LP | 207,826 | $13.1M | 0.16% | +193,768+1,378.3% | Added |
| FMR LLC | 216,258 | $13.6M | 0.00% | −26,931−11.1% | Reduced |
| Bank of New York Mellon Corp | 277,491 | $17.4M | 0.00% | +19,611+7.6% | Added |
| Boston Trust Walden Corp | 299,755 | $18.8M | 0.14% | +2,710+0.9% | Added |
| Charles Schwab Investment Management Inc | 356,921 | $22.4M | 0.01% | +24,567+7.4% | Added |
| Nuveen Asset Management, LLC | 357,090 | $22.5M | 0.01% | +106,976+42.8% | Added |
| P Schoenfeld Asset Management LP | 387,348 | $24.4M | 6.80% | +86,348+28.7% | Added |
| River Road Asset Management, LLC | 398,619 | $25.1M | 0.35% | −5,097−1.3% | Reduced |
| Schroder Investment Management Group | 410,664 | $25.8M | 0.03% | +77,909+23.4% | Added |
| Northern Trust Corp | 414,535 | $26.1M | 0.00% | −25,870−5.9% | Reduced |
| Jacobs Levy Equity Management, Inc | 445,451 | $28.0M | 0.14% | +40,009+9.9% | Added |
| Millennium Management LLC | 459,498 | $28.9M | 0.03% | +175,733+61.9% | Added |
| Geode Capital Management, LLC | 609,008 | $38.3M | 0.00% | +23,375+4.0% | Added |
| Pacer Advisors, Inc. | 645,931 | $40.6M | 0.11% | +203,597+46.0% | Added |
| Clearbridge Investments, LLC | 676,018 | $42.5M | 0.04% | +4,648+0.7% | Added |
| Norges Bank | 688,425 | $43.3M | 0.01% | +616,824+861.5% | Added |
| Dimensional Fund Advisors LP | 803,393 | $50.5M | 0.01% | +25,523+3.3% | Added |
| State Street Corp | 1,075,816 | $67.6M | 0.00% | +72,672+7.2% | Added |
| Silvercrest Asset Management Group LLC | 1,129,531 | $71.0M | 0.50% | −109,247−8.8% | Reduced |
| Morgan Stanley | 1,535,353 | $96.5M | 0.01% | +321,948+26.5% | Added |
| Vanguard Group Inc | 2,982,873 | $187.5M | 0.00% | +63,322+2.2% | Added |
| BlackRock Inc. | 4,100,572 | $257.8M | 0.01% | +152,716+3.9% | Added |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −726,538−100.0% | Sold out |
| Weiss Multi-Strategy Advisers LLC | 0 | $0 | 0.00% | −150,000−100.0% | Sold out |
| Neuberger Berman Group LLC | 0 | $0 | 0.00% | −141,947−100.0% | Sold out |
| Cooper Creek Partners Management LLC | 0 | $0 | 0.00% | −73,453−100.0% | Sold out |
| SG Capital Management LLC | 0 | $0 | 0.00% | −72,103−100.0% | Sold out |
| Advantage Alpha Capital Partners LP | 0 | $0 | 0.00% | −67,891−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −29,731−100.0% | Sold out |
| Scopus Asset Management, L.P. | 0 | $0 | 0.00% | −25,000−100.0% | Sold out |
| Natixis Advisors, L.P. | 0 | $0 | 0.00% | −22,768−100.0% | Sold out |
| Formula Growth Ltd | 0 | $0 | 0.00% | −17,500−100.0% | Sold out |
| First Trust Advisors LP | 0 | $0 | 0.00% | −17,425−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −16,885−100.0% | Sold out |
| Marathon Partners Equity Management, LLC | 0 | $0 | 0.00% | −12,500−100.0% | Sold out |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | $0 | 0.00% | −12,241−100.0% | Sold out |
| Vazirani Asset Management LLC | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Aviva PLC | 0 | $0 | 0.00% | −8,706−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −8,513−100.0% | Sold out |
| Algert Global LLC | 0 | $0 | 0.00% | −8,120−100.0% | Sold out |
| Teza Capital Management LLC | 0 | $0 | 0.00% | −7,354−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −7,297−100.0% | Sold out |
| Martingale Asset Management L P | 0 | $0 | 0.00% | −6,500−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −4,485−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −3,731−100.0% | Sold out |
| SageView Advisory Group, LLC | 0 | $0 | 0.00% | −3,437−100.0% | Sold out |
| Guggenheim Capital LLC | 0 | $0 | 0.00% | −3,389−100.0% | Sold out |
| AQR Capital Management LLC | 0 | $0 | 0.00% | −3,373−100.0% | Sold out |
| QRG Capital Management, Inc. | 0 | $0 | 0.00% | −3,363−100.0% | Sold out |
| PEAK6 Investments LLC | 0 | $0 | 0.00% | −2,450−100.0% | Sold out |
| Coppell Advisory Solutions LLC | 0 | $0 | 0.00% | −194−100.0% | Sold out |
| Byrne Asset Management LLC | 0 | $0 | 0.00% | −280−100.0% | Sold out |
| Contravisory Investment Management, Inc. | 0 | $0 | 0.00% | −146−100.0% | Sold out |
| Baker Avenue Asset Management, LP | 0 | $0 | 0.00% | −107−100.0% | Sold out |
| GoalVest Advisory LLC | 0 | $0 | 0.00% | −52−100.0% | Sold out |
| IFP Advisors, Inc | 0 | $0 | 0.00% | −41−100.0% | Sold out |
| Federated Hermes, Inc. | 0 | $0 | 0.00% | −27−100.0% | Sold out |
| Bokf, NA | 0 | $0 | 0.00% | −15−100.0% | Sold out |