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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, Q4 2024

Institutional positions in Forward Air Corp as of Dec 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
211
+5 vs. Q3 2024
Shares held
33.2M
+208.8K (+0.6%) vs. Q3 2024
Total value
$1.07B
−$96.5M (−8.3%) vs. Q3 2024
New holders
41
66 more added
Sold out
36
62 more reduced

2 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2024: 211 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 heldQ4 2024: $1.07B
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, Q4 2024

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q3 2024.

Institutions holding FWRD in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd2$00.00%00.0%Unchanged
Citadel Advisors LLC1$320.00%−300−99.7%Reduced
IFP Advisors, Inc0$640.00%0New
Caitong International Asset Management Co., Ltd5$1610.00%+5New
Parkside Financial Bank & Trust6$1940.00%00.0%Unchanged
Raleigh Capital Management Inc.7$2260.00%+7New
Skopos Labs, Inc.10$3230.00%+10New
Larson Financial Group LLC13$4190.00%+8+160.0%Added
Vermillion Wealth Management, Inc.14$4550.00%+14New
SBI Securities Co., Ltd.16$5160.00%+16New
Bell Investment Advisors, Inc17$5490.00%00.0%Unchanged
Farmers & Merchants Investments Inc18$5810.00%00.0%Unchanged
GWM Advisors LLC20$6450.00%00.0%Unchanged
Principal Securities, Inc.30$9680.00%00.0%Unchanged
Massmutual Trust Co FSB38$1.23K0.00%00.0%Unchanged
Rothschild Investment LLC55$1.77K0.00%+10+22.2%Added
Lindbrook Capital, LLC62$2.00K0.00%00.0%Unchanged
McIlrath & Eck, LLC70$2.26K0.00%00.0%Unchanged
Parallel Advisors, LLC75$2.42K0.00%+18+31.6%Added
Umb Bank N A89$2.87K0.00%00.0%Unchanged
Farther Finance Advisors, LLC104$3.35K0.00%00.0%Unchanged
CIBC Private Wealth Group, LLC105$3.36K0.00%00.0%Unchanged
Jones Financial Companies LLLP126$4.06K0.00%+76+152.0%Added
Steward Partners Investment Advisory, LLC151$4.87K0.00%00.0%Unchanged
GHP Investment Advisors, Inc.153$4.93K0.00%00.0%Unchanged
Smartleaf Asset Management LLC189$6.22K0.00%+144+320.0%Added
Fifth Third Bancorp201$6.48K0.00%−362−64.3%Reduced
Harbor Capital Advisors, Inc.223$7.00K0.00%+30+15.5%Added
Harel Insurance Investments & Financial Services Ltd.235$8.00K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC266$8.58K0.00%+4+1.5%Added
Clear Street Markets LLC300$9.68K0.00%+221+279.7%Added
North Star Investment Management Corp.330$10.6K0.00%00.0%Unchanged
Bessemer Group Inc361$11.0K0.00%00.0%Unchanged
Geneos Wealth Management Inc.430$13.9K0.00%00.0%Unchanged
Allworth Financial LP495$16.9K0.00%+359+264.0%Added
Anchor Investment Management, LLC565$18.2K0.00%−625−52.5%Reduced
Emerald Advisers, LLC585$18.9K0.00%00.0%Unchanged
Signaturefd, LLC658$21.2K0.00%00.0%Unchanged
Versant Capital Management, Inc768$24.8K0.01%+283+58.4%Added
CWM, LLC760$25.0K0.00%−13−1.7%Reduced
Sterling Capital Management LLC803$25.9K0.00%+715+812.5%Added
Byrne Asset Management LLC1,070$34.5K0.02%+590+122.9%Added
Coppell Advisory Solutions LLC1,214$39.9K0.01%00.0%Unchanged
Tower Research Capital LLC (TRC)1,337$43.1K0.00%−123−8.4%Reduced
US Bancorp1,677$54.1K0.00%−68−3.9%Reduced
The PNC Financial Services Group, Inc.1,827$58.9K0.00%−117−6.0%Reduced
Canada Pension Plan Investment Board2,000$64.5K0.00%−31,300−94.0%Reduced
Federation des caisses Desjardins du Quebec2,000$64.5K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC2,057$66.3K0.00%+67+3.4%Added
Public Employees Retirement System of Ohio2,231$72.0K0.00%+2,231New
Spire Wealth Management2,435$78.5K0.00%−2,800−53.5%Reduced
Ameritas Investment Partners, Inc.2,600$83.8K0.00%00.0%Unchanged
Quest Partners LLC2,925$94.3K0.01%+1,782+155.9%Added
Quadrant Capital Group LLC2,972$95.8K0.01%00.0%Unchanged
GAMMA Investing LLC3,594$115.9K0.01%−174−4.6%Reduced
MAI Capital Management3,904$125.9K0.00%+3,904New
Public Employees Retirement Association of Colorado3,959$128.0K0.00%00.0%Unchanged
Aquatic Capital Management LLC4,283$138.1K0.00%+4,283New
Rocky Mountain Advisers, LLC4,390$141.6K0.04%00.0%Unchanged
State of Tennessee, Treasury Department4,542$146.5K0.00%−199−4.2%Reduced
Advisor Group Holdings, Inc.4,725$152.4K0.00%+154+3.4%Added
Oregon Public Employees Retirement Fund4,735$152.7K0.00%+200+4.4%Added
Police & Firemen's Retirement System of New Jersey5,096$164.3K0.00%+5,096New
FMR LLC5,762$185.8K0.00%+12+0.2%Added
Amalgamated Bank5,870$189.0K0.00%−51−0.9%Reduced
Maryland State Retirement & Pension System6,728$217.0K0.00%+274+4.2%Added
United Capital Financial Advisers, LLC6,874$221.7K0.00%−201−2.8%Reduced
BFSG, LLC6,925$223.3K0.03%−150−2.1%Reduced
Comerica Bank6,938$223.8K0.00%−461−6.2%Reduced
Quantinno Capital Management LP6,949$224.1K0.00%+615+9.7%Added
KLP Kapitalforvaltning AS7,300$235.4K0.00%+7,300New
Yousif Capital Management, LLC7,438$239.9K0.00%+35+0.5%Added
ProShare Advisors LLC7,444$240.1K0.00%+7,444New
State Board of Administration of Florida Retirement System7,468$240.8K0.00%00.0%Unchanged
Marathon Partners Equity Management, LLC7,500$241.9K0.23%+7,500New
Voya Investment Management LLC7,570$244.1K0.00%−691−8.4%Reduced
Franklin Resources Inc7,640$246.4K0.00%−1,480−16.2%Reduced
LPL Financial LLC7,705$248.5K0.00%−1,416−15.5%Reduced
Polymer Capital Management (US) LLC7,863$253.6K0.08%+7,863New
Zurcher Kantonalbank (Zurich Cantonalbank)7,869$253.8K0.00%+651+9.0%Added
Point72 (DIFC) Ltd7,941$256.1K0.02%+7,941New
Logan Capital Management Inc8,422$271.6K0.01%−2,618−23.7%Reduced
Wolverine Asset Management LLC8,565$276.2K0.00%−111,439−92.9%Reduced
Teachers Retirement System of the State of Kentucky8,755$283.0K0.00%00.0%Unchanged
Jump Financial, LLC8,848$285.3K0.01%+8,848New
Manufacturers Life Insurance Company, The9,171$295.8K0.00%−425−4.4%Reduced
Amundi9,257$296.3K0.00%+5,540+149.0%Added
Fox Run Management, L.L.C.9,296$299.8K0.05%+9,296New
AQR Capital Management LLC9,355$301.7K0.00%+1,363+17.1%Added
Louisiana State Employees Retirement System9,700$312.8K0.01%+500+5.4%Added
Prelude Capital Management, LLC9,704$313.0K0.03%+679+7.5%Added
Point72 Asia (Singapore) Pte. Ltd.9,772$315.1K0.08%+9,772New
American Century Companies Inc9,838$317.3K0.00%+9,838New
Raymond James Financial Inc9,926$320.1K0.00%+9,926New
NJ State Employees Deferred Compensation Plan10,000$322.5K0.04%00.0%Unchanged
Anson Funds Management LP10,000$322.5K0.04%+10,000New
D. E. Shaw & Co., Inc.10,635$343.0K0.00%−24,376−69.6%Reduced
Beacon Pointe Advisors, LLC10,750$346.7K0.00%−120−1.1%Reduced
Envestnet Asset Management Inc10,819$348.9K0.00%−8,994−45.4%Reduced
State of Alaska, Department of Revenue11,354$366.0K0.00%+447+4.1%Added