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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, Q3 2024

Institutional positions in Forward Air Corp as of Sep 30, 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
208
+17 vs. Q2 2024
Shares held
33.3M
+4.37M (+15.1%) vs. Q2 2024
Total value
$1.18B
+$628.4M (+114.1%) vs. Q2 2024
New holders
50
44 more added
Sold out
33
83 more reduced

1 institution that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2024: 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 holdersQ3 2024: 208 institutions
Q1 2021: 206 institutionsQ2 2021: 220 institutionsQ3 2021: 216 institutionsQ4 2021: 240 institutionsQ1 2022: 246 institutionsQ2 2022: 247 institutionsQ3 2022: 247 institutionsQ4 2022: 276 institutionsQ1 2023: 259 institutionsQ2 2023: 245 institutionsQ3 2023: 252 institutionsQ4 2023: 264 institutionsQ1 2024: 226 institutionsQ2 2024: 192 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 heldQ3 2024: $1.18B
Q1 2021: $2.38BQ2 2021: $2.39BQ3 2021: $2.20BQ4 2021: $3.20BQ1 2022: $2.57BQ2 2022: $2.46BQ3 2022: $2.41BQ4 2022: $2.72BQ1 2023: $2.82BQ2 2023: $2.68BQ3 2023: $1.76BQ4 2023: $1.68BQ1 2024: $980.7MQ2 2024: $637.0MQ3 2024: $1.18BQ4 2024: $1.07BQ1 2025: $671.9MQ2 2025: $812.5MQ3 2025: $886.8MQ4 2025: $744.6MQ1 2026: $493.0MQ2 2026: $412.0M
Institutions holding FWRD and their total value by quarter
QuarterHoldersValue
Q2 2026187$412.0M
Q1 2026193$493.0M
Q4 2025202$744.6M
Q3 2025202$886.8M
Q2 2025181$812.5M
Q1 2025195$671.9M
Q4 2024211$1.07B
Q3 2024208$1.18B
Q2 2024192$637.0M
Q1 2024226$980.7M
Q4 2023264$1.68B
Q3 2023252$1.76B
Q2 2023245$2.68B
Q1 2023259$2.82B
Q4 2022276$2.72B
Q3 2022247$2.41B
Q2 2022247$2.46B
Q1 2022246$2.57B
Q4 2021240$3.20B
Q3 2021216$2.20B
Q2 2021220$2.39B
Q1 2021206$2.38B

Institutions, Q3 2024

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q2 2024.

Institutions holding FWRD in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Clearlake Capital Group, L.P.3,825,000$135.4M10.37%00.0%Unchanged
BlackRock, Inc.3,335,521$118.1M0.00%+3,335,521New
Vanguard Group Inc2,062,974$73.0M0.00%−426,127−17.1%Reduced
Ridgemont Partners Management, LLC1,910,615$67.6M58.72%00.0%Unchanged
Littlejohn & Co LLC1,665,660$59.0M29.99%−574,049−25.6%Reduced
Scopus Asset Management, L.P.1,300,495$46.0M1.36%+1,300,495New
MFN Partners Management, LP1,289,358$45.6M0.90%+385,581+42.7%Added
Irenic Capital Management LP1,229,719$43.5M7.64%+161,480+15.1%Added
Ancora Advisors, LLC1,125,506$39.8M0.91%+163,176+17.0%Added
Private Management Group Inc1,016,514$36.0M1.26%−320,173−24.0%Reduced
State Street Corp943,049$33.4M0.00%−246,357−20.7%Reduced
Morgan Stanley826,456$29.3M0.00%−15,691−1.9%Reduced
Alta Fox Capital Management, LLC797,092$28.2M14.43%+797,092New
J. Goldman & Co LP750,896$26.6M1.15%+750,896New
Paralel Advisors LLC750,000$26.6M1.16%00.0%Unchanged
Charles Schwab Investment Management Inc675,883$23.9M0.00%+28,669+4.4%Added
JPMorgan Chase & Co653,842$23.1M0.00%+570,930+688.6%Added
Bank of America Corp588,939$20.8M0.00%−105,941−15.2%Reduced
Geode Capital Management, LLC556,225$19.7M0.00%−162,182−22.6%Reduced
Goldman Sachs Group Inc490,677$17.4M0.00%−43,012−8.1%Reduced
Goldentree Asset Management LP404,048$14.3M1.14%+404,048New
Hawk Ridge Capital Management LP392,112$13.9M0.60%+138,288+54.5%Added
One Fin Capital Management LP335,813$11.9M4.49%00.0%Unchanged
Millennium Management LLC328,491$11.6M0.01%+281,952+605.8%Added
Penn Capital Management Co Inc323,093$11.5M1.05%+323,093New
Invesco Ltd.303,974$10.8M0.00%+40,518+15.4%Added
Northern Trust Corp251,659$8.91M0.00%−35,996−12.5%Reduced
New York State Common Retirement Fund233,286$8.26M0.01%+222,969+2,161.2%Added
Bank of New York Mellon Corp224,634$7.95M0.00%−65,971−22.7%Reduced
Verition Fund Management LLC208,396$7.38M0.05%+195,220+1,481.6%Added
Caption Management, LLC153,127$5.42M0.58%+153,127New
HRT Financial LP151,891$5.38M0.03%−193,492−56.0%Reduced
Allianz Asset Management GmbH147,467$5.22M0.01%+52,340+55.0%Added
BNP Paribas Arbitrage, SA132,846$4.70M0.00%+127,596+2,430.4%Added
Two Sigma Advisers, LP122,000$4.32M0.01%−150,000−55.1%Reduced
Wolverine Asset Management LLC120,004$4.25M0.08%+29,331+32.3%Added
Two Sigma Investments, LP117,933$4.17M0.01%−332,728−73.8%Reduced
Carlyle Group Inc.107,214$4.12M0.43%+107,214New
Jefferies Financial Group Inc.115,167$4.08M0.07%+115,167New
AlpInvest Partners B.V.103,330$3.97M2.35%+103,330New
Deutsche Bank AG110,410$3.91M0.00%−133,983−54.8%Reduced
Polar Asset Management Partners Inc.109,200$3.87M0.09%+109,200New
Squarepoint Ops LLC103,242$3.65M0.01%−62,246−37.6%Reduced
Federated Hermes, Inc.102,825$3.64M0.01%−578,104−84.9%Reduced
Hudson Bay Capital Management LP96,659$3.42M0.02%+37,492+63.4%Added
Principal Financial Group Inc90,519$3.20M0.00%−104,355−53.5%Reduced
Nuveen Asset Management, LLC88,879$3.15M0.00%+59,702+204.6%Added
Cinctive Capital Management LP83,536$2.96M0.17%+83,536New
Royce & Associates LP81,064$2.87M0.03%−3,620−4.3%Reduced
Weiss Asset Management LP78,803$2.79M0.07%+33,261+73.0%Added
Barclays PLC73,409$2.60M0.00%−57,913−44.1%Reduced
Moore Capital Management, LP71,782$2.54M0.07%+71,782New
Rhumbline Advisers69,992$2.48M0.00%−19,465−21.8%Reduced
Union Square Park Capital Management, LLC65,000$2.30M3.11%+65,000New
Jane Street Group, LLC62,209$2.20M0.00%−62,817−50.2%Reduced
UBS Group AG60,007$2.12M0.00%+42,748+247.7%Added
ExodusPoint Capital Management, LP59,225$2.10M0.02%−12,316−17.2%Reduced
Susquehanna International Group, LLP58,975$2.09M0.00%−118,929−66.9%Reduced
Ameriprise Financial Inc57,774$2.05M0.00%−34,828−37.6%Reduced
Legal & General Group Plc57,138$2.02M0.00%−24,386−29.9%Reduced
Isthmus Partners, LLC56,055$1.98M0.24%−5,567−9.0%Reduced
Cresset Asset Management, LLC54,100$1.92M0.01%+4,519+9.1%Added
UBS Asset Management Americas Inc45,828$1.62M0.00%−160−0.3%Reduced
Walleye Trading LLC41,908$1.48M0.04%+41,908New
Swiss National Bank41,300$1.46M0.00%−10,700−20.6%Reduced
Bardin Hill Management Partners LP41,197$1.46M0.78%+41,197New
Public Sector Pension Investment Board40,567$1.44M0.01%−29,400−42.0%Reduced
Royal Bank of Canada39,102$1.39M0.00%+7,383+23.3%Added
Alliancebernstein L.P.35,487$1.26M0.00%−1,300−3.5%Reduced
D. E. Shaw & Co., Inc.35,011$1.24M0.00%−100,901−74.2%Reduced
Point72 Asset Management, L.P.35,000$1.24M0.00%−337,500−90.6%Reduced
Saba Capital Management, L.P.34,955$1.24M0.03%−43,702−55.6%Reduced
Gotham Asset Management, LLC34,807$1.23M0.01%+34,807New
Simplex Trading, LLC33,914$1.20M0.04%+33,914New
New York State Teachers Retirement System33,360$1.18M0.00%−8,302−19.9%Reduced
Canada Pension Plan Investment Board33,300$1.18M0.00%+3,300+11.0%Added
First Trust Advisors LP31,963$1.13M0.00%−41,665−56.6%Reduced
Citigroup Inc31,752$1.12M0.00%−4,648−12.8%Reduced
Wells Fargo & Company27,269$965.3K0.00%+659+2.5%Added
Paloma Partners Management Co25,446$900.8K0.05%+25,446New
Group One Trading, L.P.25,004$885.1K0.04%+7,793+45.3%Added
Aristeia Capital LLC24,988$884.6K0.03%−20,526−45.1%Reduced
Russell Investments Group, Ltd.24,930$882.5K0.00%+20,265+434.4%Added
Diametric Capital, LP24,781$877.2K0.43%+24,781New
Atom Investors LP24,442$865.2K0.09%+24,442New
Quantbot Technologies LP22,956$812.6K0.03%+22,956New
Price T Rowe Associates Inc21,426$759.0K0.00%+289+1.4%Added
Tudor Investment Corp Et Al21,232$751.6K0.01%−86,199−80.2%Reduced
California State Teachers Retirement System20,279$717.9K0.00%−5,410−21.1%Reduced
Prudential Financial Inc20,258$717.1K0.00%−64,200−76.0%Reduced
Creative Planning19,885$703.9K0.00%+1,129+6.0%Added
Great West Life Assurance Co19,845$703.0K0.00%−10,468−34.5%Reduced
Envestnet Asset Management Inc19,813$701.4K0.00%+9,463+91.4%Added
XTX Topco Ltd19,549$692.0K0.05%+3,520+22.0%Added
Ensign Peak Advisors, Inc19,297$683.1K0.00%00.0%Unchanged
Independent Financial Group, LLC18,000$637.2K0.02%00.0%Unchanged
Brevan Howard Capital Management LP17,182$608.2K0.03%+17,182New
Wolverine Trading, LLC16,899$598.7K0.02%+16,899New
Sugar Maple Asset Management, LLC16,800$594.7K0.52%+2,100+14.3%Added
Toroso Investments, LLC15,116$535.1K0.01%−7,729−33.8%Reduced