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
- +281.5K (+0.9%) vs. Q4 2024
- Total value
- $671.9M
- −$397.2M (−37.2%) vs. Q4 2024
- New holders
- 25
- 57 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 | $492.3M |
| Q4 2025 | 202 | $744.2M |
| Q3 2025 | 202 | $873.9M |
| Q2 2025 | 181 | $804.6M |
| Q1 2025 | 195 | $671.9M |
| Q4 2024 | 211 | $1.07B |
| Q3 2024 | 208 | $1.17B |
| Q2 2024 | 191 | $636.1M |
| Q1 2024 | 226 | $881.2M |
| Q4 2023 | 264 | $1.57B |
| Q3 2023 | 252 | $1.76B |
| Q2 2023 | 245 | $2.68B |
| Q1 2023 | 259 | $2.80B |
| Q4 2022 | 276 | $2.72B |
| Q3 2022 | 246 | $2.41B |
| Q2 2022 | 247 | $2.46B |
| Q1 2022 | 246 | $2.57B |
| Q4 2021 | 240 | $3.19B |
| Q3 2021 | 216 | $2.19B |
| 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 |
|---|---|---|---|---|---|
| HSBC Holdings PLC | 16,913 | $340.1K | 0.00% | −11,355−40.2% | Reduced |
| CWM Advisors, LLC | 17,153 | $344.6K | 0.04% | +4,552+36.1% | Added |
| Zacks Investment Management | 18,207 | $365.8K | 0.00% | +18,207 | New |
| Ensign Peak Advisors, Inc | 19,297 | $387.7K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 19,592 | $394.0K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 19,720 | $396.2K | 0.00% | 00.0% | Unchanged |
| Prudential Financial Inc | 20,108 | $404.0K | 0.00% | −150−0.7% | Reduced |
| Creative Planning | 20,642 | $414.7K | 0.00% | +616+3.1% | Added |
| Numerai GP LLC | 21,507 | $432.1K | 0.08% | −9,887−31.5% | Reduced |
| Legato Capital Management LLC | 22,807 | $458.2K | 0.06% | −289−1.3% | Reduced |
| HRT Financial LP | 23,212 | $466.0K | 0.00% | +23,212 | New |
| XTX Topco Ltd | 23,932 | $480.8K | 0.02% | +23,932 | New |
| Price T Rowe Associates Inc | 24,191 | $486.0K | 0.00% | +1,241+5.4% | Added |
| Deutsche Bank AG | 24,704 | $496.3K | 0.00% | −2,082−7.8% | Reduced |
| Sugar Maple Asset Management, LLC | 25,900 | $520.3K | 0.41% | +5,000+23.9% | Added |
| Nomura Holdings Inc | 27,500 | $552.5K | 0.00% | +27,500 | New |
| American Century Companies Inc | 28,349 | $569.5K | 0.00% | +18,511+188.2% | Added |
| Wells Fargo & Company | 29,446 | $591.6K | 0.00% | −596−2.0% | Reduced |
| Marshall Wace, LLP | 30,956 | $621.9K | 0.00% | −7,563−19.6% | Reduced |
| Squarepoint Ops LLC | 31,367 | $630.2K | 0.00% | +31,367 | New |
| New York State Teachers Retirement System | 31,860 | $640.0K | 0.00% | −400−1.2% | Reduced |
| Alliancebernstein L.P. | 33,067 | $664.3K | 0.00% | 00.0% | Unchanged |
| Independent Financial Group, LLC | 34,000 | $683.1K | 0.02% | +15,600+84.8% | Added |
| Lombard Odier Asset Management (USA) Corp | 37,230 | $748.0K | 0.25% | +21,230+132.7% | Added |
| Citigroup Inc | 38,563 | $774.7K | 0.00% | −289−0.7% | Reduced |
| Whitebox Advisors LLC | 41,136 | $826.4K | 0.03% | +41,136 | New |
| Walleye Trading LLC | 41,330 | $830.3K | 0.02% | +24,462+145.0% | Added |
| Swiss National Bank | 42,900 | $861.9K | 0.00% | +2,000+4.9% | Added |
| UBS Asset Management Americas Inc | 44,204 | $888.1K | 0.00% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 46,100 | $926.1K | 0.00% | −20,565−30.8% | Reduced |
| Caxton Associates LLP | 47,768 | $959.7K | 0.03% | +47,768 | New |
| Saba Capital Management, L.P. | 48,150 | $967.3K | 0.03% | +13,195+37.7% | Added |
| Balyasny Asset Management LLC | 48,902 | $982.4K | 0.00% | −65,075−57.1% | Reduced |
| Cresset Asset Management, LLC | 49,551 | $995.5K | 0.00% | −3,800−7.1% | Reduced |
| Ameriprise Financial Inc | 50,577 | $1.02M | 0.00% | −7,454−12.8% | Reduced |
| Susquehanna International Group, LLP | 50,826 | $1.02M | 0.00% | +6,083+13.6% | Added |
| Legal & General Group Plc | 53,949 | $1.08M | 0.00% | −1,663−3.0% | Reduced |
| Quantbot Technologies LP | 54,773 | $1.10M | 0.04% | +16,659+43.7% | Added |
| Barclays PLC | 59,883 | $1.20M | 0.00% | −12,718−17.5% | Reduced |
| Public Sector Pension Investment Board | 63,343 | $1.27M | 0.01% | +13,523+27.1% | Added |
| Rhumbline Advisers | 70,057 | $1.41M | 0.00% | +178+0.3% | Added |
| Royce & Associates LP | 72,040 | $1.45M | 0.02% | −6,293−8.0% | Reduced |
| Intech Investment Management LLC | 73,040 | $1.47M | 0.02% | +28,564+64.2% | Added |
| Essex Investment Management Co LLC | 76,596 | $1.54M | 0.32% | −531−0.7% | Reduced |
| Anthracite Investment Company, Inc. | 82,015 | $1.65M | 1.03% | +12,000+17.1% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 88,200 | $1.77M | 0.00% | 00.0% | Unchanged |
| Nuveen, LLC | 91,713 | $1.84M | 0.00% | +91,713 | New |
| Icon Advisers Inc | 93,000 | $1.87M | 0.44% | −35,000−27.3% | Reduced |
| Principal Financial Group Inc | 99,821 | $2.01M | 0.00% | +2,673+2.8% | Added |
| Two Sigma Investments, LP | 111,771 | $2.25M | 0.00% | −8,501−7.1% | Reduced |
| Point72 Asset Management, L.P. | 112,500 | $2.26M | 0.01% | −351,100−75.7% | Reduced |
| Mill Road Capital Management LLC | 127,650 | $2.56M | 1.45% | 00.0% | Unchanged |
| AlpInvest Partners B.V. | 103,330 | $2.58M | 3.78% | 00.0% | Unchanged |
| Jump Financial, LLC | 128,971 | $2.59M | 0.04% | +120,123+1,357.6% | Added |
| Renaissance Technologies LLC | 132,139 | $2.65M | 0.00% | −62,900−32.2% | Reduced |
| Carlyle Group Inc. | 107,214 | $2.67M | 0.07% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 136,898 | $2.75M | 0.01% | +136,898 | New |
| Union Square Park Capital Management, LLC | 140,000 | $2.81M | 3.09% | +140,000 | New |
| Brigade Capital Management, LP | 166,000 | $3.33M | 4.12% | 00.0% | Unchanged |
| Millennium Management LLC | 166,543 | $3.35M | 0.00% | −37,979−18.6% | Reduced |
| Hudson Bay Capital Management LP | 173,243 | $3.48M | 0.02% | −68,180−28.2% | Reduced |
| Bank of New York Mellon Corp | 178,149 | $3.58M | 0.00% | −28,715−13.9% | Reduced |
| ExodusPoint Capital Management, LP | 189,559 | $3.81M | 0.05% | +63,816+50.8% | Added |
| Kintayl Capital LP | 223,087 | $4.48M | 3.23% | +55,330+33.0% | Added |
| BNP Paribas Arbitrage, SA | 226,111 | $4.54M | 0.00% | +143,138+172.5% | Added |
| Allianz Asset Management GmbH | 229,227 | $4.61M | 0.01% | +72,710+46.5% | Added |
| Invesco Ltd. | 273,211 | $5.49M | 0.00% | +82,834+43.5% | Added |
| Northern Trust Corp | 274,785 | $5.52M | 0.00% | −20,441−6.9% | Reduced |
| New York State Common Retirement Fund | 294,682 | $5.92M | 0.01% | +21,220+7.8% | Added |
| Moore Capital Management, LP | 311,416 | $6.26M | 0.21% | +311,416 | New |
| Royal Bank of Canada | 321,092 | $6.45M | 0.00% | +296,001+1,179.7% | Added |
| Goldman Sachs Group Inc | 328,993 | $6.61M | 0.00% | −44,340−11.9% | Reduced |
| Adage Capital Partners GP, L.L.C. | 339,523 | $6.82M | 0.01% | +54,320+19.0% | Added |
| Brevan Howard Capital Management LP | 380,785 | $7.65M | 0.21% | +130,785+52.3% | Added |
| One Fin Capital Management LP | 400,000 | $8.04M | 3.92% | +64,187+19.1% | Added |
| Verition Fund Management LLC | 443,393 | $8.91M | 0.05% | +320,635+261.2% | Added |
| Penn Capital Management Co Inc | 470,576 | $9.47M | 0.92% | +89,629+23.5% | Added |
| Jefferies Financial Group Inc. | 476,651 | $9.58M | 0.17% | +190,981+66.9% | Added |
| UBS Group AG | 477,105 | $9.59M | 0.00% | +22,674+5.0% | Added |
| Bank of America Corp | 490,126 | $9.85M | 0.00% | +101,033+26.0% | Added |
| JPMorgan Chase & Co | 534,374 | $10.7M | 0.00% | +440,496+469.2% | Added |
| Geode Capital Management, LLC | 554,126 | $11.1M | 0.00% | +986+0.2% | Added |
| Charles Schwab Investment Management Inc | 761,231 | $15.3M | 0.00% | +5,388+0.7% | Added |
| J. Goldman & Co LP | 863,688 | $17.4M | 0.62% | +189,017+28.0% | Added |
| Morgan Stanley | 881,081 | $17.7M | 0.00% | +110,376+14.3% | Added |
| Private Management Group Inc | 962,626 | $19.3M | 0.69% | −5,011−0.5% | Reduced |
| State Street Corp | 965,844 | $19.4M | 0.00% | −36,403−3.6% | Reduced |
| Paralel Advisors LLC | 975,000 | $19.6M | 0.81% | +225,000+30.0% | Added |
| Irenic Capital Management LP | 1,229,719 | $24.7M | 3.75% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 1,230,390 | $24.7M | 0.55% | +275,500+28.9% | Added |
| Ridgemont Partners Management, LLC | 1,910,615 | $38.4M | 100.00% | 00.0% | Unchanged |
| Vanguard Group Inc | 2,050,268 | $41.2M | 0.00% | +6,702+0.3% | Added |
| Littlejohn & Co LLC | 2,814,401 | $56.5M | 29.48% | +1,159,747+70.1% | Added |
| BlackRock, Inc. | 3,362,254 | $67.5M | 0.00% | −117,716−3.4% | Reduced |
| Clearlake Capital Group, L.P. | 3,825,000 | $76.8M | 7.76% | 00.0% | Unchanged |
| MFN Partners Management, LP | 0 | $0 | 0.00% | −1,289,358−100.0% | Sold out |
| Goldentree Asset Management LP | 0 | $0 | 0.00% | −712,667−100.0% | Sold out |
| Alta Fox Capital Management, LLC | 0 | $0 | 0.00% | −692,144−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −345,411−100.0% | Sold out |
| LMR Partners LLP | 0 | $0 | 0.00% | −150,000−100.0% | Sold out |