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 2025
Institutional positions in Forward Air Corp as of Mar 31, 2025. 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
- 195
- −15 vs. Q4 2024
- Shares held
- 33.4M
- +281.9K (+0.9%) vs. Q4 2024
- Total value
- $671.9M
- −$397.2M (−37.2%) vs. Q4 2024
- New holders
- 25
- 58 more added
- Sold out
- 40
- 71 more reduced
1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 187 | $412.0M |
| Q1 2026 | 193 | $493.0M |
| Q4 2025 | 202 | $744.6M |
| Q3 2025 | 202 | $886.8M |
| Q2 2025 | 181 | $812.5M |
| Q1 2025 | 195 | $671.9M |
| Q4 2024 | 211 | $1.07B |
| Q3 2024 | 208 | $1.18B |
| Q2 2024 | 192 | $637.0M |
| Q1 2024 | 226 | $980.7M |
| Q4 2023 | 264 | $1.68B |
| Q3 2023 | 252 | $1.76B |
| Q2 2023 | 245 | $2.68B |
| Q1 2023 | 259 | $2.82B |
| Q4 2022 | 276 | $2.72B |
| Q3 2022 | 247 | $2.41B |
| Q2 2022 | 247 | $2.46B |
| Q1 2022 | 246 | $2.57B |
| Q4 2021 | 240 | $3.20B |
| Q3 2021 | 216 | $2.20B |
| Q2 2021 | 220 | $2.39B |
| Q1 2021 | 206 | $2.38B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Clearlake Capital Group, L.P. | 3,825,000 | $76.8M | 7.76% | 00.0% | Unchanged |
| BlackRock, Inc. | 3,362,254 | $67.5M | 0.00% | −117,716−3.4% | Reduced |
| Littlejohn & Co LLC | 2,814,401 | $56.5M | 29.48% | +1,159,747+70.1% | Added |
| Vanguard Group Inc | 2,050,268 | $41.2M | 0.00% | +6,702+0.3% | Added |
| Ridgemont Partners Management, LLC | 1,910,615 | $38.4M | 100.00% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 1,230,390 | $24.7M | 0.55% | +275,500+28.9% | Added |
| Irenic Capital Management LP | 1,229,719 | $24.7M | 3.75% | 00.0% | Unchanged |
| Paralel Advisors LLC | 975,000 | $19.6M | 0.81% | +225,000+30.0% | Added |
| State Street Corp | 965,844 | $19.4M | 0.00% | −36,403−3.6% | Reduced |
| Private Management Group Inc | 962,626 | $19.3M | 0.69% | −5,011−0.5% | Reduced |
| Morgan Stanley | 881,081 | $17.7M | 0.00% | +110,376+14.3% | Added |
| J. Goldman & Co LP | 863,688 | $17.4M | 0.62% | +189,017+28.0% | Added |
| Charles Schwab Investment Management Inc | 761,231 | $15.3M | 0.00% | +5,388+0.7% | Added |
| Geode Capital Management, LLC | 554,126 | $11.1M | 0.00% | +986+0.2% | Added |
| JPMorgan Chase & Co | 534,374 | $10.7M | 0.00% | +440,496+469.2% | Added |
| Bank of America Corp | 490,126 | $9.85M | 0.00% | +101,033+26.0% | Added |
| UBS Group AG | 477,105 | $9.59M | 0.00% | +22,674+5.0% | Added |
| Jefferies Financial Group Inc. | 476,651 | $9.58M | 0.17% | +190,981+66.9% | Added |
| Penn Capital Management Co Inc | 470,576 | $9.47M | 0.92% | +89,629+23.5% | Added |
| Verition Fund Management LLC | 443,393 | $8.91M | 0.05% | +320,635+261.2% | Added |
| One Fin Capital Management LP | 400,000 | $8.04M | 3.92% | +64,187+19.1% | Added |
| Brevan Howard Capital Management LP | 380,785 | $7.65M | 0.21% | +130,785+52.3% | Added |
| Adage Capital Partners GP, L.L.C. | 339,523 | $6.82M | 0.01% | +54,320+19.0% | Added |
| Goldman Sachs Group Inc | 328,993 | $6.61M | 0.00% | −44,340−11.9% | Reduced |
| Royal Bank of Canada | 321,092 | $6.45M | 0.00% | +296,001+1,179.7% | Added |
| Moore Capital Management, LP | 311,416 | $6.26M | 0.21% | +311,416 | New |
| New York State Common Retirement Fund | 294,682 | $5.92M | 0.01% | +21,220+7.8% | Added |
| Northern Trust Corp | 274,785 | $5.52M | 0.00% | −20,441−6.9% | Reduced |
| Invesco Ltd. | 273,211 | $5.49M | 0.00% | +82,834+43.5% | Added |
| Allianz Asset Management GmbH | 229,227 | $4.61M | 0.01% | +72,710+46.5% | Added |
| BNP Paribas Arbitrage, SA | 226,111 | $4.54M | 0.00% | +143,138+172.5% | Added |
| Kintayl Capital LP | 223,087 | $4.48M | 3.23% | +55,330+33.0% | Added |
| ExodusPoint Capital Management, LP | 189,559 | $3.81M | 0.05% | +63,816+50.8% | Added |
| Bank of New York Mellon Corp | 178,149 | $3.58M | 0.00% | −28,715−13.9% | Reduced |
| Hudson Bay Capital Management LP | 173,243 | $3.48M | 0.02% | −68,180−28.2% | Reduced |
| Millennium Management LLC | 166,543 | $3.35M | 0.00% | −37,979−18.6% | Reduced |
| Brigade Capital Management, LP | 166,000 | $3.33M | 4.12% | 00.0% | Unchanged |
| Union Square Park Capital Management, LLC | 140,000 | $2.81M | 3.09% | +140,000 | New |
| SG Americas Securities, LLC | 136,898 | $2.75M | 0.01% | +136,898 | New |
| Carlyle Group Inc. | 107,214 | $2.67M | 0.07% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 132,139 | $2.65M | 0.00% | −62,900−32.2% | Reduced |
| Jump Financial, LLC | 128,971 | $2.59M | 0.04% | +120,123+1,357.6% | Added |
| AlpInvest Partners B.V. | 103,330 | $2.58M | 3.78% | 00.0% | Unchanged |
| Mill Road Capital Management LLC | 127,650 | $2.56M | 1.45% | 00.0% | Unchanged |
| Point72 Asset Management, L.P. | 112,500 | $2.26M | 0.01% | −351,100−75.7% | Reduced |
| Two Sigma Investments, LP | 111,771 | $2.25M | 0.00% | −8,501−7.1% | Reduced |
| Principal Financial Group Inc | 99,821 | $2.01M | 0.00% | +2,673+2.8% | Added |
| Icon Advisers Inc | 93,000 | $1.87M | 0.44% | −35,000−27.3% | Reduced |
| Nuveen, LLC | 91,713 | $1.84M | 0.00% | +91,713 | New |
| Healthcare of Ontario Pension Plan Trust Fund | 88,200 | $1.77M | 0.00% | 00.0% | Unchanged |
| Anthracite Investment Company, Inc. | 82,015 | $1.65M | 1.03% | +12,000+17.1% | Added |
| Essex Investment Management Co LLC | 76,596 | $1.54M | 0.32% | −531−0.7% | Reduced |
| Intech Investment Management LLC | 73,040 | $1.47M | 0.02% | +28,564+64.2% | Added |
| Royce & Associates LP | 72,040 | $1.45M | 0.02% | −6,293−8.0% | Reduced |
| Rhumbline Advisers | 70,057 | $1.41M | 0.00% | +178+0.3% | Added |
| Public Sector Pension Investment Board | 63,343 | $1.27M | 0.01% | +13,523+27.1% | Added |
| Barclays PLC | 59,883 | $1.20M | 0.00% | −12,718−17.5% | Reduced |
| Quantbot Technologies LP | 54,773 | $1.10M | 0.04% | +16,659+43.7% | Added |
| Legal & General Group Plc | 53,949 | $1.08M | 0.00% | −1,663−3.0% | Reduced |
| Susquehanna International Group, LLP | 50,826 | $1.02M | 0.00% | +6,083+13.6% | Added |
| Ameriprise Financial Inc | 50,577 | $1.02M | 0.00% | −7,454−12.8% | Reduced |
| Cresset Asset Management, LLC | 49,551 | $995.5K | 0.00% | −3,800−7.1% | Reduced |
| Balyasny Asset Management LLC | 48,902 | $982.4K | 0.00% | −65,075−57.1% | Reduced |
| Saba Capital Management, L.P. | 48,150 | $967.3K | 0.03% | +13,195+37.7% | Added |
| Caxton Associates LLP | 47,768 | $959.7K | 0.03% | +47,768 | New |
| Russell Investments Group, Ltd. | 46,100 | $926.1K | 0.00% | −20,565−30.8% | Reduced |
| UBS Asset Management Americas Inc | 44,204 | $888.1K | 0.00% | 00.0% | Unchanged |
| Swiss National Bank | 42,900 | $861.9K | 0.00% | +2,000+4.9% | Added |
| Walleye Trading LLC | 41,330 | $830.3K | 0.02% | +24,462+145.0% | Added |
| Whitebox Advisors LLC | 41,136 | $826.4K | 0.03% | +41,136 | New |
| Citigroup Inc | 38,563 | $774.7K | 0.00% | −289−0.7% | Reduced |
| Lombard Odier Asset Management (USA) Corp | 37,230 | $748.0K | 0.25% | +21,230+132.7% | Added |
| Independent Financial Group, LLC | 34,000 | $683.1K | 0.02% | +15,600+84.8% | Added |
| Alliancebernstein L.P. | 33,067 | $664.3K | 0.00% | 00.0% | Unchanged |
| New York State Teachers Retirement System | 31,860 | $640.0K | 0.00% | −400−1.2% | Reduced |
| Squarepoint Ops LLC | 31,367 | $630.2K | 0.00% | +31,367 | New |
| Marshall Wace, LLP | 30,956 | $621.9K | 0.00% | −7,563−19.6% | Reduced |
| Wells Fargo & Company | 29,446 | $591.6K | 0.00% | −596−2.0% | Reduced |
| American Century Companies Inc | 28,349 | $569.5K | 0.00% | +18,511+188.2% | Added |
| Nomura Holdings Inc | 27,500 | $552.5K | 0.00% | +27,500 | New |
| Sugar Maple Asset Management, LLC | 25,900 | $520.3K | 0.41% | +5,000+23.9% | Added |
| Deutsche Bank AG | 24,704 | $496.3K | 0.00% | −2,082−7.8% | Reduced |
| Price T Rowe Associates Inc | 24,191 | $486.0K | 0.00% | +1,241+5.4% | Added |
| XTX Topco Ltd | 23,932 | $480.8K | 0.02% | +23,932 | New |
| HRT Financial LP | 23,212 | $466.0K | 0.00% | +23,212 | New |
| Legato Capital Management LLC | 22,807 | $458.2K | 0.06% | −289−1.3% | Reduced |
| Numerai GP LLC | 21,507 | $432.1K | 0.08% | −9,887−31.5% | Reduced |
| Creative Planning | 20,642 | $414.7K | 0.00% | +616+3.1% | Added |
| Prudential Financial Inc | 20,108 | $404.0K | 0.00% | −150−0.7% | Reduced |
| California State Teachers Retirement System | 19,720 | $396.2K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 19,592 | $394.0K | 0.00% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 19,297 | $387.7K | 0.00% | 00.0% | Unchanged |
| Zacks Investment Management | 18,207 | $365.8K | 0.00% | +18,207 | New |
| CWM Advisors, LLC | 17,153 | $344.6K | 0.04% | +4,552+36.1% | Added |
| HSBC Holdings PLC | 16,913 | $340.1K | 0.00% | −11,355−40.2% | Reduced |
| State of Wisconsin Investment Board | 16,258 | $326.6K | 0.00% | −1,799−10.0% | Reduced |
| Centiva Capital, LP | 15,800 | $317.4K | 0.02% | +15,800 | New |
| Clear Street Markets LLC | 15,100 | $303.4K | 0.21% | +14,800+4,933.3% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 14,875 | $298.8K | 0.00% | +624+4.4% | Added |
| Thrivent Financial for Lutherans | 14,674 | $295.0K | 0.00% | −768−5.0% | Reduced |