Skip to main content

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
New York State Common Retirement Fund12,173$378.7K0.00%−109,838−90.0%Reduced
Exchange Traded Concepts, LLC12,420$386.4K0.01%+12,420New
Janus Henderson Group PLC12,478$388.3K0.00%−29,660−70.4%Reduced
Aristeia Capital LLC12,641$393.3K0.02%+12,641New
Voya Investment Management LLC12,699$395.1K0.00%−1,211−8.7%Reduced
Numerai GP LLC12,947$402.8K0.17%−50,383−79.6%Reduced
Manufacturers Life Insurance Company, The13,080$406.9K0.00%+129+1.0%Added
Silvercrest Asset Management Group LLC13,086$407.1K0.00%−1,116,445−98.8%Reduced
MetLife Investment Management13,585$422.6K0.00%00.0%Unchanged
Yousif Capital Management, LLC13,699$426.2K0.00%+950+7.5%Added
Northwest Investment Counselors, LLC13,963$434.4K0.11%−920−6.2%Reduced
Wells Fargo & Company14,069$437.7K0.00%+3,394+31.8%Added
American International Group, Inc.14,121$439.3K0.00%+114+0.8%Added
Semanteon Capital Management, LP14,487$450.7K0.29%+9,759+206.4%Added
Comerica Bank14,523$451.8K0.00%−5,675−28.1%Reduced
American Capital Management Inc14,737$458.5K0.01%−47,522−76.3%Reduced
Wexford Capital LP15,000$466.6K0.10%+15,000New
Louisiana State Employees Retirement System15,300$476.0K0.01%+2,500+19.5%Added
State of Tennessee, Treasury Department15,401$479.1K0.00%−493−3.1%Reduced
Versor Investments LP15,996$497.6K0.10%+15,996New
Allianz Asset Management GmbH16,300$507.1K0.00%+16,300New
Point72 Asset Management, L.P.16,800$522.6K0.00%+7,300+76.8%Added
Prescott Group Capital Management, L.L.C.17,199$535.0K0.09%+17,199New
Jump Financial, LLC17,500$544.4K0.01%−18,369−51.2%Reduced
Illinois Municipal Retirement Fund17,734$552.0K0.01%+2,664+17.7%Added
Creative Planning18,588$578.3K0.00%+8,563+85.4%Added
State of Alaska, Department of Revenue18,761$583.0K0.01%+2,986+18.9%Added
ClearAlpha Technologies LP19,000$591.1K0.25%−3,786−16.6%Reduced
Victory Capital Management Inc19,108$594.5K0.00%−53,577−73.7%Reduced
Price T Rowe Associates Inc20,604$641.0K0.00%+5,427+35.8%Added
Toroso Investments, LLC21,347$664.1K0.01%+10,877+103.9%Added
FMR LLC22,283$693.2K0.00%−193,975−89.7%Reduced
Y-Intercept (Hong Kong) Ltd22,902$712.5K0.05%+15,480+208.6%Added
Occudo Quantitative Strategies LP24,224$753.6K0.13%+16,610+218.2%Added
Credit Suisse AG24,958$776.4K0.00%00.0%Unchanged
QSV Equity Investors LLC25,076$780.1K0.75%+3,878+18.3%Added
California State Teachers Retirement System25,669$798.6K0.00%−1,448−5.3%Reduced
Thrivent Financial for Lutherans26,717$831.0K0.00%+3,850+16.8%Added
Texas Permanent School Fund26,844$835.1K0.01%+4,676+21.1%Added
Centiva Capital, LP27,170$845.3K0.05%+7,132+35.6%Added
Royal Bank of Canada28,760$895.0K0.00%−5,058−15.0%Reduced
Troluce Capital Advisors LLC29,200$908.4K0.19%+29,200New
Nebula Research & Development LLC31,532$981.0K0.21%+27,155+620.4%Added
Graham Capital Management, L.P.33,413$1.04M0.03%+22,508+206.4%Added
Keebeck Wealth Management, LLC34,060$1.06M0.16%+7,600+28.7%Added
Cresset Asset Management, LLC34,270$1.07M0.01%+34,270New
FORA Capital, LLC34,306$1.07M0.09%+34,306New
Great West Life Assurance Co35,304$1.10M0.00%+5,669+19.1%Added
UBS Asset Management Americas Inc35,315$1.10M0.00%00.0%Unchanged
Entropy Technologies, LP36,957$1.15M0.12%+16,809+83.4%Added
Capstone Investment Advisors, LLC37,268$1.16M0.02%+37,268New
Mirae Asset Global Investments Co., Ltd.11,700$1.22M0.00%00.0%Unchanged
Russell Investments Group, Ltd.40,180$1.25M0.00%−75,178−65.2%Reduced
Squarepoint Ops LLC40,784$1.27M0.01%+32,088+369.0%Added
Gotham Asset Management, LLC41,150$1.28M0.02%+36,888+865.5%Added
Two Sigma Investments, LP41,983$1.31M0.00%−43,246−50.7%Reduced
Cardinal Capital Management42,164$1.31M0.21%+14,788+54.0%Added
Profit Investment Management, LLC42,341$1.32M0.74%00.0%Unchanged
New York State Teachers Retirement System43,053$1.34M0.00%−1,654−3.7%Reduced
Citigroup Inc43,409$1.35M0.00%+14,845+52.0%Added
Hudson Bay Capital Management LP43,667$1.36M0.01%+43,667New
Clark Estates Inc44,000$1.37M0.23%00.0%Unchanged
American Century Companies Inc44,256$1.38M0.00%+9,488+27.3%Added
Trexquant Investment LP47,062$1.46M0.03%+20,006+73.9%Added
Capital Fund Management S.A.47,495$1.48M0.02%+30,182+174.3%Added
Tudor Investment Corp Et Al49,841$1.55M0.02%−6,820−12.0%Reduced
Swiss National Bank50,700$1.58M0.00%00.0%Unchanged
Isthmus Partners, LLC56,351$1.75M0.20%+28,027+99.0%Added
Wolverine Asset Management LLC61,746$1.92M0.04%+61,746New
Public Sector Pension Investment Board63,121$1.96M0.01%+9,860+18.5%Added
Sona Asset Management (US) LLC70,000$2.18M0.19%+70,000New
Prudential Financial Inc70,311$2.19M0.00%+40,792+138.2%Added
Seven Eight Capital, LP70,470$2.19M0.23%+46,864+198.5%Added
AQR Capital Management LLC71,539$2.23M0.00%+71,539New
Qube Research & Technologies Ltd72,404$2.25M0.00%−33,097−31.4%Reduced
Engineers Gate Manager LP73,015$2.27M0.06%+25,670+54.2%Added
Quadrature Capital Ltd73,193$2.28M0.04%+13,385+22.4%Added
Wolverine Trading, LLC74,813$2.33M0.02%+74,813New
ExodusPoint Capital Management, LP77,375$2.41M0.03%−130,451−62.8%Reduced
Two Sigma Advisers, LP80,500$2.50M0.01%+39,900+98.3%Added
Legal & General Group Plc82,235$2.56M0.00%+8,315+11.2%Added
Federated Hermes, Inc.83,809$2.61M0.01%+83,809New
Rhumbline Advisers87,629$2.73M0.00%+6,820+8.4%Added
Royce & Associates LP89,323$2.78M0.02%−31,752−26.2%Reduced
Ameriprise Financial Inc90,154$2.80M0.00%−64,045−41.5%Reduced
D. E. Shaw & Co., Inc.90,307$2.81M0.00%+18,541+25.8%Added
Canada Pension Plan Investment Board92,700$2.88M0.00%+61,100+193.4%Added
Connor, Clark & Lunn Investment Management Ltd.95,274$2.96M0.01%+95,274New
BNP Paribas Arbitrage, SA95,963$2.99M0.00%+68,093+244.3%Added
Duality Advisers, LP100,282$3.12M0.31%+61,235+156.8%Added
Hauser Brothers GmbH102,014$3.17M2.33%+102,014New
Nordea Investment Management AB109,288$3.44M0.00%+109,288New
Alliancebernstein L.P.121,587$3.78M0.00%+43,839+56.4%Added
UBS Group AG123,365$3.84M0.00%+21,764+21.4%Added
JPMorgan Chase & Co135,401$4.21M0.00%+25,661+23.4%Added
Bank of America Corp160,337$4.99M0.00%−1,180−0.7%Reduced
Walleye Capital LLC161,801$5.03M0.05%+42,044+35.1%Added
Healthcare of Ontario Pension Plan Trust Fund189,500$5.90M0.02%+189,500New
Principal Financial Group Inc194,512$6.05M0.00%+53,310+37.8%Added
Barclays PLC198,849$6.19M0.00%+112,074+129.2%Added