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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, 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.

Institutional holdersQ1 2025: 195 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 heldQ1 2025: $671.9M
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, Q1 2025

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q4 2024.

Institutions holding FWRD in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
MetLife Investment Management14,652$294.4K0.00%−296−2.0%Reduced
Boothbay Fund Management, LLC13,108$263.3K0.01%−620−4.5%Reduced
Jane Street Group, LLC12,924$259.6K0.00%−133,291−91.2%Reduced
Corebridge Financial, Inc.12,912$259.4K0.00%−241−1.8%Reduced
Campbell & CO Investment Adviser LLC12,872$258.6K0.02%+12,872New
Federated Hermes, Inc.12,771$256.6K0.00%−90,626−87.6%Reduced
Janus Henderson Group PLC12,347$255.9K0.00%00.0%Unchanged
Group One Trading, L.P.11,943$239.9K0.01%−2,760−18.8%Reduced
State of Alaska, Department of Revenue11,070$222.0K0.00%−284−2.5%Reduced
Prelude Capital Management, LLC11,031$221.6K0.02%+1,327+13.7%Added
Fox Run Management, L.L.C.10,980$220.6K0.03%+1,684+18.1%Added
Beacon Pointe Advisors, LLC10,750$216.0K0.00%00.0%Unchanged
AQR Capital Management LLC10,009$201.1K0.00%+654+7.0%Added
NJ State Employees Deferred Compensation Plan10,000$200.9K0.03%00.0%Unchanged
Teachers Retirement System of the State of Kentucky8,755$176.0K0.00%00.0%Unchanged
Cubist Systematic Strategies, LLC8,604$172.9K0.00%−53,937−86.2%Reduced
Point72 Asia (Singapore) Pte. Ltd.8,518$171.1K0.04%−1,254−12.8%Reduced
Logan Capital Management Inc8,416$169.1K0.01%−6−0.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)7,869$158.1K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS7,300$146.7K0.00%00.0%Unchanged
Walleye Capital LLC7,026$141.2K0.00%+7,026New
Comerica Bank7,009$140.8K0.00%+71+1.0%Added
Amundi9,249$138.3K0.00%−8−0.1%Reduced
BFSG, LLC6,775$136.1K0.02%−150−2.2%Reduced
Wolverine Asset Management LLC6,565$131.9K0.00%−2,000−23.4%Reduced
Amalgamated Bank5,690$114.0K0.00%−180−3.1%Reduced
Police & Firemen's Retirement System of New Jersey5,096$102.4K0.00%00.0%Unchanged
Point72 (DIFC) Ltd5,017$100.8K0.01%−2,924−36.8%Reduced
FMR LLC4,720$94.8K0.00%−1,042−18.1%Reduced
Advisor Group Holdings, Inc.4,703$94.5K0.00%−22−0.5%Reduced
State of Tennessee, Treasury Department4,542$91.2K0.00%00.0%Unchanged
Oregon Public Employees Retirement Fund4,535$91.1K0.00%−200−4.2%Reduced
Rocky Mountain Advisers, LLC4,390$88.2K0.03%00.0%Unchanged
Public Employees Retirement Association of Colorado3,959$80.0K0.00%00.0%Unchanged
MAI Capital Management3,904$78.4K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.2,600$52.2K0.00%00.0%Unchanged
Spire Wealth Management2,435$48.9K0.00%00.0%Unchanged
GAMMA Investing LLC2,315$46.5K0.00%−1,279−35.6%Reduced
Public Employees Retirement System of Ohio2,252$45.2K0.00%+21+0.9%Added
Federation des caisses Desjardins du Quebec2,000$40.2K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC1,969$39.6K0.00%−88−4.3%Reduced
Byrne Asset Management LLC1,940$39.0K0.03%+870+81.3%Added
Quest Partners LLC1,689$33.9K0.00%−1,236−42.3%Reduced
The PNC Financial Services Group, Inc.1,506$30.3K0.00%−321−17.6%Reduced
Quadrant Capital Group LLC1,205$24.2K0.00%−1,767−59.5%Reduced
CWM, LLC980$20.0K0.00%+220+28.9%Added
Quarry LP907$18.2K0.00%+907New
US Bancorp892$17.9K0.00%−785−46.8%Reduced
Tower Research Capital LLC (TRC)847$17.0K0.00%−490−36.6%Reduced
Point72 Hong Kong Ltd774$15.6K0.00%+774New
Emerald Advisers, LLC585$11.8K0.00%00.0%Unchanged
Anchor Investment Management, LLC565$11.4K0.00%00.0%Unchanged
Versant Capital Management, Inc551$11.1K0.00%−217−28.3%Reduced
Fifth Third Bancorp539$10.8K0.00%+338+168.2%Added
Nalls Sherbakoff Group, LLC500$10.0K0.01%+500New
Signaturefd, LLC492$9.88K0.00%−166−25.2%Reduced
Sterling Capital Management LLC432$8.68K0.00%−371−46.2%Reduced
Geneos Wealth Management Inc.430$8.64K0.00%00.0%Unchanged
Allworth Financial LP448$7.25K0.00%−47−9.5%Reduced
Bessemer Group Inc339$7.00K0.00%−22−6.1%Reduced
North Star Investment Management Corp.330$6.63K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC254$5.10K0.00%−12−4.5%Reduced
Harel Insurance Investments & Financial Services Ltd.214$4.00K0.00%−21−8.9%Reduced
Massmutual Trust Co FSB179$3.60K0.00%+141+371.1%Added
Steward Partners Investment Advisory, LLC151$3.03K0.00%00.0%Unchanged
Jones Financial Companies LLLP126$2.61K0.00%00.0%Unchanged
Skopos Labs, Inc.119$2.39K0.00%+109+1,090.0%Added
Umb Bank N A82$1.65K0.00%−7−7.9%Reduced
McIlrath & Eck, LLC70$1.41K0.00%00.0%Unchanged
Cullen/Frost Bankers, Inc.67$1.35K0.00%+67New
CIBC Private Wealth Group, LLC105$1.10K0.00%00.0%Unchanged
Coldstream Capital Management Inc53$1.06K0.00%+53New
Principal Securities, Inc.30$9680.00%00.0%Unchanged
South State Corp.35$7040.00%+35New
Smartleaf Asset Management LLC31$6420.00%−158−83.6%Reduced
SRS Capital Advisors, Inc.31$6230.00%+31New
Rothschild Investment LLC25$5020.00%−30−54.5%Reduced
Farther Finance Advisors, LLC25$4900.00%−79−76.0%Reduced
Lindbrook Capital, LLC23$4620.00%−39−62.9%Reduced
Parkside Financial Bank & Trust21$4230.00%+15+250.0%Added
GWM Advisors LLC20$4020.00%00.0%Unchanged
Huntington National Bank19$3820.00%+19New
Continuum Advisory, LLC19$3820.00%+19New
Farmers & Merchants Investments Inc18$3620.00%00.0%Unchanged
SBI Securities Co., Ltd.16$3210.00%00.0%Unchanged
Vermillion Wealth Management, Inc.14$2830.00%00.0%Unchanged
Parallel Advisors, LLC10$2010.00%−65−86.7%Reduced
Raleigh Capital Management Inc.9$1810.00%+2+28.6%Added
Larson Financial Group LLC5$1000.00%−8−61.5%Reduced
Citadel Advisors LLC4$800.00%+3+300.0%Added
IFP Advisors, Inc0$400.00%0Unchanged
Harbor Capital Advisors, Inc.5$00.00%−218−97.8%Reduced
Covestor Ltd2$00.00%00.0%Unchanged
Hantz Financial Services, Inc.9$00.00%+9New
Capital Advisors, Ltd. LLC7$00.00%+7New
MFN Partners Management, LP0$00.00%−1,289,358−100.0%Sold out
Goldentree Asset Management LP0$00.00%−712,667−100.0%Sold out
Alta Fox Capital Management, LLC0$00.00%−692,144−100.0%Sold out
Assenagon Asset Management S.A.0$00.00%−345,411−100.0%Sold out
LMR Partners LLP0$00.00%−150,000−100.0%Sold out