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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
+18 vs. Q2 2024
Shares held
33.0M
+4.09M (+14.2%) vs. Q2 2024
Total value
$1.17B
+$617.6M (+112.3%) vs. Q2 2024
New holders
50
44 more added
Sold out
32
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: 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 heldQ3 2024: $1.17B
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, 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
Covestor Ltd2$00.00%−56−96.6%Reduced
Mendota Financial Group, LLC3$1070.00%+3New
Larson Financial Group LLC5$1770.00%00.0%Unchanged
Parkside Financial Bank & Trust6$2130.00%00.0%Unchanged
Bell Investment Advisors, Inc17$6020.00%00.0%Unchanged
Farmers & Merchants Investments Inc18$6370.00%00.0%Unchanged
GWM Advisors LLC20$7080.00%00.0%Unchanged
Principal Securities, Inc.30$1.06K0.00%00.0%Unchanged
Massmutual Trust Co FSB38$1.34K0.00%−42−52.5%Reduced
Rothschild Investment LLC45$1.59K0.00%+40+800.0%Added
Smartleaf Asset Management LLC45$1.59K0.00%−260−85.2%Reduced
Jones Financial Companies LLLP50$1.77K0.00%+50New
Parallel Advisors, LLC57$2.02K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.113$2.15K0.00%+30+36.1%Added
Lindbrook Capital, LLC62$2.19K0.00%+39+169.6%Added
McIlrath & Eck, LLC70$2.48K0.00%00.0%Unchanged
Clear Street Markets LLC79$3.00K0.00%−273−77.6%Reduced
Sterling Capital Management LLC88$3.12K0.00%+88New
Umb Bank N A89$3.15K0.00%+36+67.9%Added
Farther Finance Advisors, LLC104$3.68K0.00%+63+153.7%Added
CIBC Private Wealth Group, LLC105$3.72K0.00%00.0%Unchanged
AdvisorNet Financial, Inc133$4.71K0.00%+70+111.1%Added
Allworth Financial LP136$4.82K0.00%+40+41.7%Added
Quarry LP147$5.20K0.00%−599−80.3%Reduced
Steward Partners Investment Advisory, LLC151$5.34K0.00%00.0%Unchanged
GHP Investment Advisors, Inc.153$5.42K0.00%+153New
Harbor Capital Advisors, Inc.193$7.00K0.00%+193New
Advisors Asset Management, Inc.223$7.89K0.00%−27−10.8%Reduced
Harel Insurance Investments & Financial Services Ltd.235$8.00K0.00%−229−49.4%Reduced
EverSource Wealth Advisors, LLC262$9.27K0.00%00.0%Unchanged
Citadel Advisors LLC301$10.7K0.00%+301New
North Star Investment Management Corp.330$11.7K0.00%00.0%Unchanged
Bessemer Group Inc361$13.0K0.00%+222+159.7%Added
Allspring Global Investments Holdings, LLC415$14.7K0.00%+134+47.7%Added
Geneos Wealth Management Inc.430$15.2K0.00%+50+13.2%Added
Byrne Asset Management LLC480$17.0K0.01%−180−27.3%Reduced
Versant Capital Management, Inc485$17.2K0.00%+125+34.7%Added
Elequin Capital LP538$19.0K0.00%+538New
Fifth Third Bancorp563$19.9K0.00%−306−35.2%Reduced
Emerald Advisers, LLC585$20.7K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co631$22.3K0.00%00.0%Unchanged
Signaturefd, LLC658$23.3K0.00%−101−13.3%Reduced
CWM, LLC773$27.0K0.00%−1−0.1%Reduced
Vestcor Inc768$27.0K0.00%00.0%Unchanged
Northwest Investment Counselors, LLC1,100$38.9K0.01%+1,100New
Quest Partners LLC1,143$40.5K0.00%−219−16.1%Reduced
Anchor Investment Management, LLC1,190$42.1K0.00%−340−22.2%Reduced
Coppell Advisory Solutions LLC1,214$43.0K0.01%00.0%Unchanged
Tower Research Capital LLC (TRC)1,460$51.7K0.00%−13,864−90.5%Reduced
US Bancorp1,745$61.8K0.00%−122−6.5%Reduced
The PNC Financial Services Group, Inc.1,944$68.8K0.00%−186−8.7%Reduced
Nisa Investment Advisors, LLC1,990$70.4K0.00%+763+62.2%Added
Federation des caisses Desjardins du Quebec2,000$70.8K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.2,600$92.0K0.00%00.0%Unchanged
Quadrant Capital Group LLC2,972$105.2K0.01%−129−4.2%Reduced
GAMMA Investing LLC3,768$133.4K0.01%+1,776+89.2%Added
Amundi3,717$139.3K0.00%−1,612−30.2%Reduced
Public Employees Retirement Association of Colorado3,959$140.0K0.00%00.0%Unchanged
Rocky Mountain Advisers, LLC4,390$155.4K0.05%00.0%Unchanged
Oregon Public Employees Retirement Fund4,535$160.5K0.00%−3,100−40.6%Reduced
Advisor Group Holdings, Inc.4,571$161.8K0.00%−256−5.3%Reduced
State of Tennessee, Treasury Department4,741$167.8K0.00%−3,926−45.3%Reduced
Catalyst Funds Management Pty Ltd5,000$177.0K0.04%+4,300+614.3%Added
Walleye Capital LLC5,146$182.2K0.00%−165,915−97.0%Reduced
Spire Wealth Management5,235$185.3K0.01%−45−0.9%Reduced
FMR LLC5,750$203.6K0.00%−18,505−76.3%Reduced
Dimensional Fund Advisors LP5,844$206.9K0.00%−222,734−97.4%Reduced
Bridgefront Capital, LLC5,861$207.5K0.08%+5,861New
Amalgamated Bank5,921$210.0K0.00%−3,245−35.4%Reduced
Arizona State Retirement System6,090$215.6K0.00%+6,090New
Quantinno Capital Management LP6,334$224.2K0.00%+6,334New
Maryland State Retirement & Pension System6,454$228.5K0.00%−4,643−41.8%Reduced
LMR Partners LLP6,543$231.6K0.01%+6,543New
Entropy Technologies, LP6,850$242.5K0.03%−12,202−64.0%Reduced
BFSG, LLC7,075$250.5K0.03%−3,021−29.9%Reduced
United Capital Financial Advisers, LLC7,075$250.5K0.00%+7,075New
Zurcher Kantonalbank (Zurich Cantonalbank)7,218$255.5K0.00%00.0%Unchanged
Comerica Bank7,399$261.9K0.00%−4,919−39.9%Reduced
Yousif Capital Management, LLC7,403$262.1K0.00%−5,066−40.6%Reduced
State Board of Administration of Florida Retirement System7,468$264.4K0.00%+7,468New
AQR Capital Management LLC7,992$282.9K0.00%+7,992New
State of Wisconsin Investment Board8,082$286.1K0.00%+8,082New
Voya Investment Management LLC8,261$292.4K0.00%+8,261New
Dynamic Technology Lab Private Ltd8,410$298.0K0.03%+8,410New
Raymond James & Associates8,670$306.9K0.00%−2,378−21.5%Reduced
Counterpoint Mutual Funds LLC8,732$309.1K0.06%+8,732New
Teachers Retirement System of the State of Kentucky8,755$310.0K0.00%00.0%Unchanged
Prelude Capital Management, LLC9,025$319.5K0.02%+9,025New
LPL Financial LLC9,121$322.9K0.00%−2,886−24.0%Reduced
Franklin Resources Inc9,120$324.9K0.00%+9,120New
Louisiana State Employees Retirement System9,200$325.7K0.01%−6,700−42.1%Reduced
Manufacturers Life Insurance Company, The9,596$339.7K0.00%−2,817−22.7%Reduced
NJ State Employees Deferred Compensation Plan10,000$354.0K0.04%00.0%Unchanged
Corton Capital Inc.10,270$363.6K0.18%+10,270New
Aster Capital Management (DIFC) Ltd10,500$371.7K0.08%+10,500New
Naviter Wealth, LLC10,670$377.7K0.05%−2,230−17.3%Reduced
Bayesian Capital Management, LP10,750$380.6K0.04%+10,750New
Beacon Pointe Advisors, LLC10,870$384.8K0.00%+120+1.1%Added
State of Alaska, Department of Revenue10,907$386.0K0.00%−7,631−41.2%Reduced
Logan Capital Management Inc11,040$390.8K0.02%−414−3.6%Reduced