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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, 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.

Institutional holdersQ4 2023: 264 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 heldQ4 2023: $1.57B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q3 2023.

Institutions holding FWRD in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Ameritas Investment Partners, Inc.2,600$163.5K0.01%00.0%Unchanged
The PNC Financial Services Group, Inc.2,528$158.9K0.00%−2,552−50.2%Reduced
EntryPoint Capital, LLC2,364$148.6K0.14%+2,364New
Advisor Group Holdings, Inc.1,802$113.3K0.00%−1,443−44.5%Reduced
Huntington National Bank1,579$99.3K0.00%−56−3.4%Reduced
Anchor Investment Management, LLC1,570$98.7K0.01%−425−21.3%Reduced
Metropolitan Life Insurance Co1,505$94.6K0.00%00.0%Unchanged
Vestcor Inc1,280$80.0K0.00%−1,914−59.9%Reduced
State of Wyoming1,211$76.1K0.01%+436+56.3%Added
Headlands Technologies LLC823$51.7K0.02%+823New
KBC Group NV696$44.0K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC690$43.4K0.00%−925−57.3%Reduced
Northwestern Mutual Wealth Management Co631$39.7K0.00%00.0%Unchanged
SYSTM Wealth Solutions LLC615$38.6K0.01%+615New
Group One Trading, L.P.536$33.7K0.00%+521+3,473.3%Added
Nalls Sherbakoff Group, LLC500$31.4K0.03%00.0%Unchanged
Quarry LP456$28.7K0.01%+278+156.2%Added
Bessemer Group Inc366$23.0K0.00%+212+137.7%Added
Harel Insurance Investments & Financial Services Ltd.336$21.0K0.00%−189−36.0%Reduced
Covestor Ltd315$20.0K0.01%−176−35.8%Reduced
Daiwa Securities Group Inc.300$19.0K0.00%+300New
Park Place Capital Corp277$17.4K0.01%00.0%Unchanged
Steward Partners Investment Advisory, LLC273$17.2K0.00%−954−77.8%Reduced
Federation des caisses Desjardins du Quebec265$16.7K0.00%00.0%Unchanged
Advisors Asset Management, Inc.252$15.8K0.00%+32+14.5%Added
Silicon Valley Capital Partners250$15.7K0.00%+250New
CWM, LLC230$14.0K0.00%−439−65.6%Reduced
Allworth Financial LP201$12.6K0.00%−22−9.9%Reduced
First Horizon Advisors, Inc.193$12.1K0.00%00.0%Unchanged
Umb Bank N A163$10.2K0.00%00.0%Unchanged
Quadrant Capital Group LLC161$10.1K0.00%−137−46.0%Reduced
Farther Finance Advisors, LLC138$8.68K0.00%+82+146.4%Added
Larson Financial Group LLC116$7.29K0.00%00.0%Unchanged
Fifth Third Bancorp110$6.92K0.00%−25−18.5%Reduced
Rosenberg Matthew Hamilton100$6.29K0.00%00.0%Unchanged
Private Trust Co NA85$5.34K0.00%+85New
Signaturefd, LLC84$5.25K0.00%−864−91.1%Reduced
GAMMA Investing LLC118$5.23K0.00%+118New
McIlrath & Eck, LLC70$4.40K0.00%00.0%Unchanged
West Branch Capital LLC65$4.09K0.00%00.0%Unchanged
Principal Securities, Inc.65$4.09K0.00%+65New
EverSource Wealth Advisors, LLC48$3.02K0.00%+6+14.3%Added
Harbour Investments, Inc.40$2.52K0.00%00.0%Unchanged
LGT Financial Advisors LLC35$2.20K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.29$2.00K0.00%−26−47.3%Reduced
Massmutual Trust Co FSB25$1.57K0.00%−13−34.2%Reduced
GWM Advisors LLC20$1.26K0.00%+20New
Global Retirement Partners, LLC22$1.18K0.00%+20+1,000.0%Added
Farmers & Merchants Investments Inc18$1.13K0.00%00.0%Unchanged
Parallel Advisors, LLC17$1.07K0.00%−25−59.5%Reduced
Bell Investment Advisors, Inc17$1.07K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC17$1.07K0.00%+15+750.0%Added
Private Wealth Management Group, LLC15$9440.00%+15New
Lindbrook Capital, LLC14$8800.00%−20−58.8%Reduced
Gradient Investments LLC7$4400.00%00.0%Unchanged
SJS Investment Consulting Inc.6$3780.00%+1+20.0%Added
DiNuzzo Private Wealth, Inc.5$3150.00%+5New
Abound Wealth Management4$2520.00%−1−20.0%Reduced
AdvisorNet Financial, Inc3$1890.00%+3New
Parkside Financial Bank & Trust2$1260.00%−93−97.9%Reduced
Tfo-TDC, LLC1$630.00%00.0%Unchanged
Caitlin John, LLC1$630.00%+1New
Lazard Asset Management LLC15$00.00%+15New
Smartleaf Asset Management LLC1$00.00%+1New
Assenagon Asset Management S.A.0$00.00%−726,538−100.0%Sold out
Weiss Multi-Strategy Advisers LLC0$00.00%−150,000−100.0%Sold out
Neuberger Berman Group LLC0$00.00%−141,947−100.0%Sold out
Cooper Creek Partners Management LLC0$00.00%−73,453−100.0%Sold out
SG Capital Management LLC0$00.00%−72,103−100.0%Sold out
Advantage Alpha Capital Partners LP0$00.00%−67,891−100.0%Sold out
SG Americas Securities, LLC0$00.00%−29,731−100.0%Sold out
Scopus Asset Management, L.P.0$00.00%−25,000−100.0%Sold out
Natixis Advisors, L.P.0$00.00%−22,768−100.0%Sold out
Formula Growth Ltd0$00.00%−17,500−100.0%Sold out
First Trust Advisors LP0$00.00%−17,425−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−16,885−100.0%Sold out
Marathon Partners Equity Management, LLC0$00.00%−12,500−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−12,241−100.0%Sold out
Vazirani Asset Management LLC0$00.00%−10,000−100.0%Sold out
Aviva PLC0$00.00%−8,706−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−8,513−100.0%Sold out
Algert Global LLC0$00.00%−8,120−100.0%Sold out
Teza Capital Management LLC0$00.00%−7,354−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−7,297−100.0%Sold out
Martingale Asset Management L P0$00.00%−6,500−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−4,485−100.0%Sold out
XTX Topco Ltd0$00.00%−3,731−100.0%Sold out
SageView Advisory Group, LLC0$00.00%−3,437−100.0%Sold out
Guggenheim Capital LLC0$00.00%−3,389−100.0%Sold out
AQR Capital Management LLC0$00.00%−3,373−100.0%Sold out
QRG Capital Management, Inc.0$00.00%−3,363−100.0%Sold out
PEAK6 Investments LLC0$00.00%−2,450−100.0%Sold out
Coppell Advisory Solutions LLC0$00.00%−194−100.0%Sold out
Byrne Asset Management LLC0$00.00%−280−100.0%Sold out
Contravisory Investment Management, Inc.0$00.00%−146−100.0%Sold out
Baker Avenue Asset Management, LP0$00.00%−107−100.0%Sold out
GoalVest Advisory LLC0$00.00%−52−100.0%Sold out
IFP Advisors, Inc0$00.00%−41−100.0%Sold out
Federated Hermes, Inc.0$00.00%−27−100.0%Sold out
Bokf, NA0$00.00%−15−100.0%Sold out