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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
Goldman Sachs Group Inc200,484$6.24M0.00%+91,558+84.1%Added
Renaissance Technologies LLC229,939$7.15M0.01%+193,700+534.5%Added
Marshall Wace, LLP237,574$7.39M0.01%+103,266+76.9%Added
Voloridge Investment Management, LLC248,144$7.72M0.03%+140,651+130.8%Added
Citadel Advisors LLC248,735$7.74M0.01%+159,777+179.6%Added
Nuveen Asset Management, LLC254,498$7.92M0.00%−102,592−28.7%Reduced
Northern Trust Corp293,154$9.12M0.00%−121,381−29.3%Reduced
Bank of New York Mellon Corp322,451$10.0M0.00%+44,960+16.2%Added
Clearbridge Investments, LLC324,008$10.1M0.01%−352,010−52.1%Reduced
Man Group plc395,397$12.3M0.03%+308,156+353.2%Added
Charles Schwab Investment Management Inc443,433$13.8M0.00%+86,512+24.2%Added
Paralel Advisors LLC510,000$15.9M0.73%+510,000New
Millennium Management LLC531,525$16.5M0.01%+72,027+15.7%Added
Geode Capital Management, LLC682,294$21.2M0.00%+73,286+12.0%Added
Dimensional Fund Advisors LP686,260$21.3M0.01%−117,133−14.6%Reduced
Deutsche Bank AG691,945$21.5M0.01%+541,494+359.9%Added
Ridgemont Partners Management, LLC700,609$21.8M100.00%+700,609New
Invesco Ltd.818,689$25.5M0.01%+707,876+638.8%Added
Private Management Group Inc996,705$31.0M1.17%+996,705New
Clearlake Capital Group, L.P.1,077,006$33.5M2.64%+1,077,006New
State Street Corp1,253,626$39.0M0.00%+177,810+16.5%Added
Morgan Stanley1,514,159$47.1M0.00%−21,194−1.4%Reduced
Pacer Advisors, Inc.2,129,200$66.2M0.15%+1,483,269+229.6%Added
Vanguard Group Inc3,407,797$106.0M0.00%+424,924+14.2%Added
BlackRock Inc.4,684,978$145.7M0.00%+584,406+14.3%Added
State Board of Administration of Florida Retirement System10,468––+3,000+40.2%Added
Norges Bank0$00.00%−688,425−100.0%Sold out
Jacobs Levy Equity Management, Inc0$00.00%−445,451−100.0%Sold out
Schroder Investment Management Group0$00.00%−410,664−100.0%Sold out
River Road Asset Management, LLC0$00.00%−398,619−100.0%Sold out
P Schoenfeld Asset Management LP0$00.00%−387,348−100.0%Sold out
Boston Trust Walden Corp0$00.00%−299,755−100.0%Sold out
Penn Capital Management Co Inc0$00.00%−174,172−100.0%Sold out
Hotchkis & Wiley Capital Management LLC0$00.00%−169,630−100.0%Sold out
Clifford Capital Partners LLC0$00.00%−144,601−100.0%Sold out
Ancora Advisors, LLC0$00.00%−126,553−100.0%Sold out
Ceredex Value Advisors LLC0$00.00%−119,701−100.0%Sold out
Scout Investments, Inc.0$00.00%−94,817−100.0%Sold out
CNH Partners LLC0$00.00%−83,536−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−57,964−100.0%Sold out
Twinbeech Capital LP0$00.00%−57,594−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−55,766−100.0%Sold out
Emerald Mutual Fund Advisers Trust0$00.00%−48,588−100.0%Sold out
RBA Wealth Management, LLC0$00.00%−42,981−100.0%Sold out
State of New Jersey Common Pension Fund D0$00.00%−39,391−100.0%Sold out
PDT Partners, LLC0$00.00%−39,351−100.0%Sold out
Segall Bryant & Hamill, LLC0$00.00%−34,635−100.0%Sold out
National Bank of Canada0$00.00%−31,900−100.0%Sold out
Holocene Advisors, LP0$00.00%−23,045−100.0%Sold out
TD Asset Management Inc0$00.00%−19,400−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−19,000−100.0%Sold out
Summit Global Investments0$00.00%−16,788−100.0%Sold out
SEI Investments Co0$00.00%−16,634−100.0%Sold out
Point72 Middle East FZE0$00.00%−16,533−100.0%Sold out
Interval Partners, LP0$00.00%−12,282−100.0%Sold out
Nomura Holdings Inc0$00.00%−12,100−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−11,328−100.0%Sold out
HRT Financial LP0$00.00%−10,320−100.0%Sold out
Walleye Trading LLC0$00.00%−9,928−100.0%Sold out
PYA Waltman Capital, LLC0$00.00%−9,577−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−8,508−100.0%Sold out
Captrust Financial Advisors0$00.00%−8,390−100.0%Sold out
Verition Fund Management LLC0$00.00%−8,141−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−8,133−100.0%Sold out
Keebeck Alpha, LP0$00.00%−8,133−100.0%Sold out
Quinn Opportunity Partners LLC0$00.00%−8,000−100.0%Sold out
Raymond James Financial Services Advisors, Inc.0$00.00%−7,749−100.0%Sold out
Point72 Hong Kong Ltd0$00.00%−7,200−100.0%Sold out
Snowden Capital Advisors LLC0$00.00%−7,003−100.0%Sold out
STRS Ohio0$00.00%−6,900−100.0%Sold out
Handelsbanken Fonder AB0$00.00%−6,247−100.0%Sold out
Cipher Capital LP0$00.00%−5,976−100.0%Sold out
Meritage Portfolio Management0$00.00%−5,564−100.0%Sold out
Atom Investors LP0$00.00%−5,565−100.0%Sold out
Teacher Retirement System of Texas0$00.00%−5,456−100.0%Sold out
Virtu Financial LLC0$00.00%−5,049−100.0%Sold out
ProShare Advisors LLC0$00.00%−4,830−100.0%Sold out
Crossmark Global Holdings, Inc.0$00.00%−4,651−100.0%Sold out
Donoghue Forlines LLC0$00.00%−4,639−100.0%Sold out
M&T Bank Corp0$00.00%−4,613−100.0%Sold out
Everence Capital Management Inc0$00.00%−4,570−100.0%Sold out
Synovus Financial Corp0$00.00%−4,546−100.0%Sold out
Pathstone Holdings, LLC0$00.00%−4,530−100.0%Sold out
Mutual of America Capital Management LLC0$00.00%−4,492−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−4,427−100.0%Sold out
Equitable Trust Co0$00.00%−4,205−100.0%Sold out
Hancock Whitney Corp0$00.00%−3,960−100.0%Sold out
Aristides Capital LLC0$00.00%−3,915−100.0%Sold out
Bailard, Inc.0$00.00%−3,700−100.0%Sold out
Radnor Capital Management, LLC0$00.00%−3,585−100.0%Sold out
Cim Investment Mangement Inc0$00.00%−3,541−100.0%Sold out
AlphaMark Advisors, LLC0$00.00%−3,433−100.0%Sold out
Deerfield Management Company, L.P. (Series C)0$00.00%−3,294−100.0%Sold out
Premier Fund Managers Ltd0$00.00%−3,188−100.0%Sold out
New York Life Investment Management LLC0$00.00%−3,217−100.0%Sold out
SYSTM Wealth Solutions LLC0$00.00%−615−100.0%Sold out
Group One Trading, L.P.0$00.00%−536−100.0%Sold out
Quarry LP0$00.00%−456−100.0%Sold out
Silicon Valley Capital Partners0$00.00%−250−100.0%Sold out
First Horizon Advisors, Inc.0$00.00%−193−100.0%Sold out