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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, 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
28.3M
+3.29M (+13.2%) vs. Q4 2023
Total value
$881.2M
−$691.7M (−44.0%) vs. Q4 2023
New holders
48
94 more added
Sold out
85
62 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.

Institutional holdersQ1 2024: 226 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 heldQ1 2024: $881.2M
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, Q1 2024

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q4 2023.

Institutions holding FWRD in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Tfo-TDC, LLC1$310.00%00.0%Unchanged
SJS Investment Consulting Inc.1$320.00%−5−83.3%Reduced
DiNuzzo Private Wealth, Inc.1$320.00%−4−80.0%Reduced
Abound Wealth Management4$1250.00%00.0%Unchanged
Nelson, Van Denburg & Campbell Wealth Management Group, LLC5$1550.00%+5New
Rothschild Investment LLC5$1560.00%+5New
Prestige Wealth Management Group LLC6$1870.00%+6New
Parkside Financial Bank & Trust10$3120.00%+8+400.0%Added
Bell Investment Advisors, Inc17$5290.00%00.0%Unchanged
Farmers & Merchants Investments Inc18$5600.00%00.0%Unchanged
Parallel Advisors, LLC19$5910.00%+2+11.8%Added
GWM Advisors LLC20$6220.00%00.0%Unchanged
Global Retirement Partners, LLC22$6840.00%00.0%Unchanged
AdvisorNet Financial, Inc26$8090.00%+23+766.7%Added
WealthCollab, LLC43$1.34K0.00%+43New
Principal Securities, Inc.49$1.52K0.00%−16−24.6%Reduced
McIlrath & Eck, LLC70$2.18K0.00%00.0%Unchanged
Private Wealth Management Group, LLC73$2.27K0.00%+58+386.7%Added
GAMMA Investing LLC82$2.55K0.00%−36−30.5%Reduced
CIBC Private Wealth Group, LLC114$3.30K0.00%+114New
Bessemer Group Inc139$4.00K0.00%−227−62.0%Reduced
Lindbrook Capital, LLC129$4.01K0.00%+115+821.4%Added
Versant Capital Management, Inc137$4.26K0.00%+137New
Private Trust Co NA138$4.29K0.00%+53+62.4%Added
Allworth Financial LP141$4.39K0.00%−60−29.9%Reduced
Massmutual Trust Co FSB149$4.63K0.00%+124+496.0%Added
Steward Partners Investment Advisory, LLC151$4.70K0.00%−122−44.7%Reduced
Fernwood Investment Management, LLC173$5.38K0.00%+173New
Advisors Asset Management, Inc.251$7.81K0.00%−1−0.4%Reduced
Signaturefd, LLC255$7.93K0.00%+171+203.6%Added
North Star Investment Management Corp.260$8.09K0.00%+260New
Park Place Capital Corp277$8.62K0.00%00.0%Unchanged
Fifth Third Bancorp296$9.21K0.00%+186+169.1%Added
EverSource Wealth Advisors, LLC435$9.58K0.00%+387+806.3%Added
Covestor Ltd341$11.0K0.01%+26+8.3%Added
Huntington National Bank375$11.7K0.00%−1,204−76.3%Reduced
Allspring Global Investments Holdings, LLC379$11.8K0.00%−4,256−91.8%Reduced
Emerald Advisers, LLC585$18.2K0.00%−102,806−99.4%Reduced
Riverview Trust Co589$18.3K0.01%+589New
IFP Advisors, Inc595$18.5K0.00%+595New
Northwestern Mutual Wealth Management Co631$19.6K0.00%00.0%Unchanged
State of Wyoming644$20.0K0.00%−567−46.8%Reduced
Byrne Asset Management LLC–$20.5K0.01%–New
Harel Insurance Investments & Financial Services Ltd.659$21.0K0.00%+323+96.1%Added
Nisa Investment Advisors, LLC685$21.3K0.00%−5−0.7%Reduced
KBC Group NV696$22.0K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio753$23.4K0.00%−47,327−98.4%Reduced
Vestcor Inc768$24.0K0.00%−512−40.0%Reduced
Umb Bank N A837$26.0K0.00%+674+413.5%Added
The PNC Financial Services Group, Inc.976$30.4K0.00%−1,552−61.4%Reduced
Metropolitan Life Insurance Co1,363$42.4K0.00%−142−9.4%Reduced
Advisor Group Holdings, Inc.1,375$42.8K0.00%−427−23.7%Reduced
Gladius Capital Management LP1,471$45.8K0.05%+1,471New
Federation des caisses Desjardins du Quebec1,600$49.8K0.00%+1,335+503.8%Added
Headlands Technologies LLC1,634$50.8K0.01%+811+98.5%Added
Anchor Investment Management, LLC1,665$51.8K0.01%+95+6.1%Added
Quadrant Capital Group LLC1,740$54.1K0.00%+1,579+980.7%Added
Spire Wealth Management2,420$75.3K0.00%+2,420New
Farther Finance Advisors, LLC2,626$76.0K0.00%+2,488+1,802.9%Added
US Bancorp2,445$76.1K0.00%−5,505−69.2%Reduced
Ameritas Investment Partners, Inc.2,600$80.9K0.00%00.0%Unchanged
CWM, LLC2,662$83.0K0.00%+2,432+1,057.4%Added
Quest Partners LLC2,733$85.0K0.01%−6,427−70.2%Reduced
Rocky Mountain Advisers, LLC3,000$93.3K0.03%+3,000New
EntryPoint Capital, LLC3,220$100.2K0.09%+856+36.2%Added
Amundi5,050$114.9K0.00%+1,166+30.0%Added
Cubist Systematic Strategies, LLC3,732$116.1K0.00%−133,455−97.3%Reduced
Public Employees Retirement Association of Colorado3,959$123.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)4,919$153.0K0.00%−6,799−58.0%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)5,415$168.5K0.00%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys6,651$206.9K0.00%+1,113+20.1%Added
Arizona State Retirement System7,053$219.4K0.00%−128−1.8%Reduced
Jane Street Group, LLC7,549$234.8K0.00%−67,658−90.0%Reduced
Bank of Montreal7,577$235.9K0.00%+4,221+125.8%Added
Caxton Associates LP7,602$236.5K0.02%+7,602New
Janney Montgomery Scott LLC7,620$237.0K0.00%+7,620New
HSBC Holdings PLC7,737$240.7K0.00%+7,737New
Susquehanna International Group, LLP7,799$242.6K0.00%−1,106−12.4%Reduced
UniSuper Management Pty Ltd7,935$246.9K0.00%+7,935New
Oregon Public Employees Retirement Fund8,235$256.2K0.01%+700+9.3%Added
BFSG, LLC8,313$258.6K0.03%+8,313New
Maryland State Retirement & Pension System11,097$260.9K0.01%+1,770+19.0%Added
Maverick Capital LtdSuperinvestorMaverick Capital8,689$270.3K0.01%+8,689New
Teachers Retirement System of the State of Kentucky8,755$273.0K0.00%00.0%Unchanged
Daiwa Securities Group Inc.8,790$273.0K0.00%+8,490+2,830.0%Added
Ensign Peak Advisors, Inc9,147$284.6K0.00%−461−4.8%Reduced
Boothbay Fund Management, LLC9,280$288.7K0.01%+9,280New
Amalgamated Bank9,661$301.0K0.00%−1,186−10.9%Reduced
Sumitomo Mitsui Trust Holdings, Inc.9,894$307.8K0.00%+9,894New
NJ State Employees Deferred Compensation Plan10,000$311.1K0.04%00.0%Unchanged
Quantbot Technologies LP10,053$312.7K0.02%−26,871−72.8%Reduced
Vident Advisory, LLC10,066$313.2K0.01%+6,209+161.0%Added
Dynamic Technology Lab Private Ltd10,586$329.0K0.04%−1,575−13.0%Reduced
Axq Capital, LP10,686$332.4K0.08%+10,686New
LPL Financial LLC10,713$333.3K0.00%−920−7.9%Reduced
Raymond James & Associates10,936$340.2K0.00%−31,400−74.2%Reduced
Envestnet Asset Management Inc11,262$350.4K0.00%−23,097−67.2%Reduced
CWM Advisors, LLC11,670$363.1K0.04%+5,517+89.7%Added
Logan Capital Management Inc11,768$366.1K0.02%−41−0.3%Reduced
Dark Forest Capital Management LP11,781$366.5K0.06%+11,781New