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, Q1 2024
Institutional positions in Forward Air Corp as of Mar 31, 2024. 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
- 226
- −37 vs. Q4 2023
- Shares held
- 31.5M
- +4.81M (+18.0%) vs. Q4 2023
- Total value
- $980.7M
- −$695.6M (−41.5%) vs. Q4 2023
- New holders
- 48
- 95 more added
- Sold out
- 85
- 61 more reduced
1 institution that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2024
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 4,684,978 | $145.7M | 0.00% | +584,406+14.3% | Added |
| Morgan Stanley | 4,542,477 | $141.3M | 0.00% | +1,471,771+47.9% | Added |
| Vanguard Group Inc | 3,407,797 | $106.0M | 0.00% | +424,924+14.2% | Added |
| Pacer Advisors, Inc. | 2,129,200 | $66.2M | 0.15% | +1,483,269+229.6% | Added |
| State Street Corp | 1,253,626 | $39.0M | 0.00% | +177,810+16.5% | Added |
| Clearlake Capital Group, L.P. | 1,077,006 | $33.5M | 2.64% | +1,077,006 | New |
| Private Management Group Inc | 996,705 | $31.0M | 1.17% | +996,705 | New |
| Invesco Ltd. | 818,689 | $25.5M | 0.01% | +707,876+638.8% | Added |
| Ridgemont Partners Management, LLC | 700,609 | $21.8M | 100.00% | +700,609 | New |
| Deutsche Bank AG | 691,945 | $21.5M | 0.01% | +541,494+359.9% | Added |
| Dimensional Fund Advisors LP | 686,260 | $21.3M | 0.01% | −117,133−14.6% | Reduced |
| Geode Capital Management, LLC | 682,294 | $21.2M | 0.00% | +73,286+12.0% | Added |
| Millennium Management LLC | 531,525 | $16.5M | 0.01% | +72,027+15.7% | Added |
| Paralel Advisors LLC | 510,000 | $15.9M | 0.73% | +510,000 | New |
| Charles Schwab Investment Management Inc | 443,433 | $13.8M | 0.00% | +86,512+24.2% | Added |
| Man Group plc | 395,397 | $12.3M | 0.03% | +308,156+353.2% | Added |
| Clearbridge Investments, LLC | 324,008 | $10.1M | 0.01% | −352,010−52.1% | Reduced |
| Bank of New York Mellon Corp | 322,451 | $10.0M | 0.00% | +44,960+16.2% | Added |
| Northern Trust Corp | 293,154 | $9.12M | 0.00% | −121,381−29.3% | Reduced |
| JPMorgan Chase & Co | 270,802 | $8.42M | 0.00% | +51,322+23.4% | Added |
| Nuveen Asset Management, LLC | 254,498 | $7.92M | 0.00% | −102,592−28.7% | Reduced |
| Citadel Advisors LLC | 248,735 | $7.74M | 0.01% | +159,777+179.6% | Added |
| Voloridge Investment Management, LLC | 248,144 | $7.72M | 0.03% | +140,651+130.8% | Added |
| Marshall Wace, LLP | 237,574 | $7.39M | 0.01% | +103,266+76.9% | Added |
| Renaissance Technologies LLC | 229,939 | $7.15M | 0.01% | +193,700+534.5% | Added |
| Goldman Sachs Group Inc | 200,484 | $6.24M | 0.00% | +91,558+84.1% | Added |
| Barclays PLC | 198,849 | $6.19M | 0.00% | +112,074+129.2% | Added |
| Principal Financial Group Inc | 194,512 | $6.05M | 0.00% | +53,310+37.8% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 189,500 | $5.90M | 0.02% | +189,500 | New |
| Walleye Capital LLC | 161,801 | $5.03M | 0.05% | +42,044+35.1% | Added |
| Bank of America Corp | 160,337 | $4.99M | 0.00% | −1,180−0.7% | Reduced |
| UBS Group AG | 123,365 | $3.84M | 0.00% | +21,764+21.4% | Added |
| Alliancebernstein L.P. | 121,587 | $3.78M | 0.00% | +43,839+56.4% | Added |
| Nordea Investment Management AB | 109,288 | $3.44M | 0.00% | +109,288 | New |
| Hauser Brothers GmbH | 102,014 | $3.17M | 2.33% | +102,014 | New |
| Duality Advisers, LP | 100,282 | $3.12M | 0.31% | +61,235+156.8% | Added |
| BNP Paribas Arbitrage, SA | 95,963 | $2.99M | 0.00% | +68,093+244.3% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 95,274 | $2.96M | 0.01% | +95,274 | New |
| Canada Pension Plan Investment Board | 92,700 | $2.88M | 0.00% | +61,100+193.4% | Added |
| D. E. Shaw & Co., Inc. | 90,307 | $2.81M | 0.00% | +18,541+25.8% | Added |
| Ameriprise Financial Inc | 90,154 | $2.80M | 0.00% | −64,045−41.5% | Reduced |
| Royce & Associates LP | 89,323 | $2.78M | 0.02% | −31,752−26.2% | Reduced |
| Rhumbline Advisers | 87,629 | $2.73M | 0.00% | +6,820+8.4% | Added |
| Federated Hermes, Inc. | 83,809 | $2.61M | 0.01% | +83,809 | New |
| Legal & General Group Plc | 82,235 | $2.56M | 0.00% | +8,315+11.2% | Added |
| Two Sigma Advisers, LP | 80,500 | $2.50M | 0.01% | +39,900+98.3% | Added |
| ExodusPoint Capital Management, LP | 77,375 | $2.41M | 0.03% | −130,451−62.8% | Reduced |
| Wolverine Trading, LLC | 74,813 | $2.33M | 0.02% | +74,813 | New |
| Quadrature Capital Ltd | 73,193 | $2.28M | 0.04% | +13,385+22.4% | Added |
| Engineers Gate Manager LP | 73,015 | $2.27M | 0.06% | +25,670+54.2% | Added |
| Qube Research & Technologies Ltd | 72,404 | $2.25M | 0.00% | −33,097−31.4% | Reduced |
| AQR Capital Management LLC | 71,539 | $2.23M | 0.00% | +71,539 | New |
| Seven Eight Capital, LP | 70,470 | $2.19M | 0.23% | +46,864+198.5% | Added |
| Prudential Financial Inc | 70,311 | $2.19M | 0.00% | +40,792+138.2% | Added |
| Sona Asset Management (US) LLC | 70,000 | $2.18M | 0.19% | +70,000 | New |
| Public Sector Pension Investment Board | 63,121 | $1.96M | 0.01% | +9,860+18.5% | Added |
| Wolverine Asset Management LLC | 61,746 | $1.92M | 0.04% | +61,746 | New |
| Isthmus Partners, LLC | 56,351 | $1.75M | 0.20% | +28,027+99.0% | Added |
| Swiss National Bank | 50,700 | $1.58M | 0.00% | 00.0% | Unchanged |
| Tudor Investment Corp Et Al | 49,841 | $1.55M | 0.02% | −6,820−12.0% | Reduced |
| Capital Fund Management S.A. | 47,495 | $1.48M | 0.02% | +30,182+174.3% | Added |
| Trexquant Investment LP | 47,062 | $1.46M | 0.03% | +20,006+73.9% | Added |
| American Century Companies Inc | 44,256 | $1.38M | 0.00% | +9,488+27.3% | Added |
| Clark Estates Inc | 44,000 | $1.37M | 0.23% | 00.0% | Unchanged |
| Hudson Bay Capital Management LP | 43,667 | $1.36M | 0.01% | +43,667 | New |
| Citigroup Inc | 43,409 | $1.35M | 0.00% | +14,845+52.0% | Added |
| New York State Teachers Retirement System | 43,053 | $1.34M | 0.00% | −1,654−3.7% | Reduced |
| Profit Investment Management, LLC | 42,341 | $1.32M | 0.74% | 00.0% | Unchanged |
| Cardinal Capital Management | 42,164 | $1.31M | 0.21% | +14,788+54.0% | Added |
| Two Sigma Investments, LP | 41,983 | $1.31M | 0.00% | −43,246−50.7% | Reduced |
| Gotham Asset Management, LLC | 41,150 | $1.28M | 0.02% | +36,888+865.5% | Added |
| Squarepoint Ops LLC | 40,784 | $1.27M | 0.01% | +32,088+369.0% | Added |
| Russell Investments Group, Ltd. | 40,180 | $1.25M | 0.00% | −75,178−65.2% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 11,700 | $1.22M | 0.00% | 00.0% | Unchanged |
| Capstone Investment Advisors, LLC | 37,268 | $1.16M | 0.02% | +37,268 | New |
| Entropy Technologies, LP | 36,957 | $1.15M | 0.12% | +16,809+83.4% | Added |
| State Board of Administration of Florida Retirement System | 10,468 | $1.13M | 0.00% | +3,000+40.2% | Added |
| UBS Asset Management Americas Inc | 35,315 | $1.10M | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 35,304 | $1.10M | 0.00% | +5,669+19.1% | Added |
| FORA Capital, LLC | 34,306 | $1.07M | 0.09% | +34,306 | New |
| Cresset Asset Management, LLC | 34,270 | $1.07M | 0.01% | +34,270 | New |
| Keebeck Wealth Management, LLC | 34,060 | $1.06M | 0.16% | +7,600+28.7% | Added |
| Graham Capital Management, L.P. | 33,413 | $1.04M | 0.03% | +22,508+206.4% | Added |
| Nebula Research & Development LLC | 31,532 | $981.0K | 0.21% | +27,155+620.4% | Added |
| Troluce Capital Advisors LLC | 29,200 | $908.4K | 0.19% | +29,200 | New |
| Royal Bank of Canada | 28,760 | $895.0K | 0.00% | −5,058−15.0% | Reduced |
| Centiva Capital, LP | 27,170 | $845.3K | 0.05% | +7,132+35.6% | Added |
| Texas Permanent School Fund | 26,844 | $835.1K | 0.01% | +4,676+21.1% | Added |
| Thrivent Financial for Lutherans | 26,717 | $831.0K | 0.00% | +3,850+16.8% | Added |
| California State Teachers Retirement System | 25,669 | $798.6K | 0.00% | −1,448−5.3% | Reduced |
| QSV Equity Investors LLC | 25,076 | $780.1K | 0.75% | +3,878+18.3% | Added |
| Credit Suisse AG | 24,958 | $776.4K | 0.00% | 00.0% | Unchanged |
| Occudo Quantitative Strategies LP | 24,224 | $753.6K | 0.13% | +16,610+218.2% | Added |
| Y-Intercept (Hong Kong) Ltd | 22,902 | $712.5K | 0.05% | +15,480+208.6% | Added |
| FMR LLC | 22,283 | $693.2K | 0.00% | −193,975−89.7% | Reduced |
| Toroso Investments, LLC | 21,347 | $664.1K | 0.01% | +10,877+103.9% | Added |
| Price T Rowe Associates Inc | 20,604 | $641.0K | 0.00% | +5,427+35.8% | Added |
| Victory Capital Management Inc | 19,108 | $594.5K | 0.00% | −53,577−73.7% | Reduced |
| ClearAlpha Technologies LP | 19,000 | $591.1K | 0.25% | −3,786−16.6% | Reduced |
| State of Alaska, Department of Revenue | 18,761 | $583.0K | 0.01% | +2,986+18.9% | Added |