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, Q2 2025
Institutional positions in Forward Air Corp as of Jun 30, 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
- 181
- −13 vs. Q1 2025
- Shares held
- 33.1M
- −309.0K (−0.9%) vs. Q1 2025
- Total value
- $812.5M
- +$140.7M (+20.9%) vs. Q1 2025
- New holders
- 38
- 57 more added
- Sold out
- 51
- 54 more reduced
1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Clearlake Capital Group, L.P. | 3,825,000 | $93.9M | 8.72% | 00.0% | Unchanged |
| BlackRock, Inc. | 3,344,552 | $82.1M | 0.00% | −17,702−0.5% | Reduced |
| Littlejohn & Co LLC | 2,921,880 | $71.7M | 34.09% | +107,479+3.8% | Added |
| Vanguard Group Inc | 2,045,702 | $50.2M | 0.00% | −4,566−0.2% | Reduced |
| Ridgemont Partners Management, LLC | 1,923,479 | $47.2M | 100.00% | +12,864+0.7% | Added |
| Ancora Advisors, LLC | 1,359,043 | $33.4M | 0.70% | +128,653+10.5% | Added |
| Irenic Capital Management LP | 1,229,719 | $30.2M | 6.64% | 00.0% | Unchanged |
| Private Management Group Inc | 1,046,226 | $25.7M | 0.83% | +83,600+8.7% | Added |
| Paralel Advisors LLC | 975,000 | $23.9M | 0.97% | 00.0% | Unchanged |
| State Street Corp | 937,080 | $23.0M | 0.00% | −28,764−3.0% | Reduced |
| J. Goldman & Co LP | 926,498 | $22.7M | 0.71% | +62,810+7.3% | Added |
| UBS Group AG | 902,881 | $22.2M | 0.00% | +425,776+89.2% | Added |
| CIBC World Markets Inc. | 841,878 | $20.7M | 0.05% | +841,878 | New |
| JPMorgan Chase & Co | 786,883 | $19.3M | 0.00% | +252,509+47.3% | Added |
| Royal Bank of Canada | 647,212 | $15.9M | 0.00% | +326,120+101.6% | Added |
| FMR LLC | 632,091 | $15.5M | 0.00% | +627,371+13,291.8% | Added |
| Bank of America Corp | 611,316 | $15.0M | 0.00% | +121,190+24.7% | Added |
| Charles Schwab Investment Management Inc | 586,493 | $14.4M | 0.00% | −174,738−23.0% | Reduced |
| Morgan Stanley | 530,936 | $13.0M | 0.00% | −350,145−39.7% | Reduced |
| Geode Capital Management, LLC | 526,865 | $12.9M | 0.00% | −27,261−4.9% | Reduced |
| Jefferies Financial Group Inc. | 384,634 | $9.44M | 0.16% | −92,017−19.3% | Reduced |
| Balyasny Asset Management LLC | 349,127 | $8.57M | 0.02% | +300,225+613.9% | Added |
| One Fin Capital Management LP | 335,000 | $8.22M | 2.78% | −65,000−16.3% | Reduced |
| BNP Paribas Arbitrage, SA | 286,843 | $7.04M | 0.01% | +60,732+26.9% | Added |
| Hudson Bay Capital Management LP | 261,428 | $6.42M | 0.04% | +88,185+50.9% | Added |
| Millennium Management LLC | 260,731 | $6.40M | 0.01% | +94,188+56.6% | Added |
| Invesco Ltd. | 259,039 | $6.36M | 0.00% | −14,172−5.2% | Reduced |
| Northern Trust Corp | 232,362 | $5.70M | 0.00% | −42,423−15.4% | Reduced |
| Brigade Capital Management, LP | 220,850 | $5.42M | 6.22% | +54,850+33.0% | Added |
| Goldman Sachs Group Inc | 212,614 | $5.22M | 0.00% | −116,379−35.4% | Reduced |
| Jump Financial, LLC | 184,453 | $4.53M | 0.06% | +55,482+43.0% | Added |
| Union Square Park Capital Management, LLC | 175,000 | $4.29M | 3.74% | +35,000+25.0% | Added |
| Bank of New York Mellon Corp | 148,935 | $3.65M | 0.00% | −29,214−16.4% | Reduced |
| Squarepoint Ops LLC | 140,751 | $3.45M | 0.01% | +109,384+348.7% | Added |
| SG Americas Securities, LLC | 129,087 | $3.17M | 0.01% | −7,811−5.7% | Reduced |
| Adage Capital Partners GP, L.L.C. | 123,845 | $3.04M | 0.01% | −215,678−63.5% | Reduced |
| Citigroup Inc | 121,794 | $2.99M | 0.00% | +83,231+215.8% | Added |
| Carlyle Group Inc. | 107,214 | $2.95M | 0.06% | 00.0% | Unchanged |
| Susquehanna Portfolio Strategies, LLC | 118,173 | $2.90M | 0.06% | +118,173 | New |
| AlpInvest Partners B.V. | 103,330 | $2.85M | 5.54% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 112,923 | $2.77M | 0.00% | +62,097+122.2% | Added |
| Caxton Associates LLP | 107,113 | $2.63M | 0.07% | +59,345+124.2% | Added |
| Principal Financial Group Inc | 104,210 | $2.56M | 0.00% | +4,389+4.4% | Added |
| Marshall Wace, LLP | 85,312 | $2.09M | 0.00% | +54,356+175.6% | Added |
| Y-Intercept (Hong Kong) Ltd | 74,418 | $1.83M | 0.04% | +74,418 | New |
| Rhumbline Advisers | 73,583 | $1.81M | 0.00% | +3,526+5.0% | Added |
| Public Sector Pension Investment Board | 71,519 | $1.76M | 0.01% | +8,176+12.9% | Added |
| Royce & Associates LP | 65,014 | $1.60M | 0.02% | −7,026−9.8% | Reduced |
| Point72 Asset Management, L.P. | 64,001 | $1.57M | 0.00% | −48,499−43.1% | Reduced |
| Nuveen, LLC | 62,311 | $1.53M | 0.00% | −29,402−32.1% | Reduced |
| UBS Asset Management Americas Inc | 62,238 | $1.53M | 0.00% | +18,034+40.8% | Added |
| Legal & General Group Plc | 58,385 | $1.43M | 0.00% | +4,436+8.2% | Added |
| Group One Trading, L.P. | 58,336 | $1.43M | 0.05% | +46,393+388.5% | Added |
| Quantbot Technologies LP | 54,508 | $1.34M | 0.03% | −265−0.5% | Reduced |
| Verition Fund Management LLC | 49,845 | $1.22M | 0.01% | −393,548−88.8% | Reduced |
| Shay Capital LLC | 48,500 | $1.19M | 0.27% | +48,500 | New |
| Ameriprise Financial Inc | 45,111 | $1.11M | 0.00% | −5,466−10.8% | Reduced |
| Diametric Capital, LP | 44,670 | $1.10M | 0.58% | +44,670 | New |
| HRT Financial LP | 44,346 | $1.09M | 0.00% | +21,134+91.0% | Added |
| Prescott Group Capital Management, L.L.C. | 43,897 | $1.08M | 0.13% | +43,897 | New |
| Barclays PLC | 43,632 | $1.07M | 0.00% | −16,251−27.1% | Reduced |
| Swiss National Bank | 40,600 | $996.3K | 0.00% | −2,300−5.4% | Reduced |
| Jane Street Group, LLC | 39,385 | $966.5K | 0.00% | +26,461+204.7% | Added |
| Independent Financial Group, LLC | 35,535 | $872.0K | 0.02% | +1,535+4.5% | Added |
| Russell Investments Group, Ltd. | 34,270 | $841.0K | 0.00% | −11,830−25.7% | Reduced |
| Intech Investment Management LLC | 33,802 | $829.5K | 0.01% | −39,238−53.7% | Reduced |
| Alliancebernstein L.P. | 32,956 | $808.7K | 0.00% | −111−0.3% | Reduced |
| New York State Teachers Retirement System | 31,860 | $782.0K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 29,804 | $731.4K | 0.00% | +358+1.2% | Added |
| Price T Rowe Associates Inc | 25,095 | $616.0K | 0.00% | +904+3.7% | Added |
| Two Sigma Investments, LP | 24,791 | $608.4K | 0.00% | −86,980−77.8% | Reduced |
| Sugar Maple Asset Management, LLC | 23,900 | $586.5K | 0.46% | −2,000−7.7% | Reduced |
| Toroso Investments, LLC | 23,633 | $580.0K | 0.00% | +23,633 | New |
| Prudential Financial Inc | 21,431 | $525.9K | 0.00% | +1,323+6.6% | Added |
| Citadel Advisors LLC | 19,809 | $486.1K | 0.00% | +19,805+495,125.0% | Added |
| Ensign Peak Advisors, Inc | 18,597 | $456.4K | 0.00% | −700−3.6% | Reduced |
| Creative Planning | 18,008 | $441.9K | 0.00% | −2,634−12.8% | Reduced |
| California State Teachers Retirement System | 17,906 | $439.4K | 0.00% | −1,814−9.2% | Reduced |
| Prelude Capital Management, LLC | 17,477 | $428.9K | 0.04% | +6,446+58.4% | Added |
| CWM Advisors, LLC | 15,975 | $392.0K | 0.04% | −1,178−6.9% | Reduced |
| Nebula Research & Development LLC | 15,823 | $388.3K | 0.03% | +15,823 | New |
| Thrivent Financial for Lutherans | 15,436 | $379.0K | 0.00% | +762+5.2% | Added |
| First Citizens Bank & Trust Co | 15,126 | $371.2K | 0.01% | +15,126 | New |
| MetLife Investment Management | 14,652 | $359.6K | 0.00% | 00.0% | Unchanged |
| Envestnet Portfolio Solutions, Inc. | 14,563 | $357.4K | 0.00% | +14,563 | New |
| Quantinno Capital Management LP | 13,057 | $320.4K | 0.00% | +13,057 | New |
| Algert Global LLC | 12,540 | $307.7K | 0.01% | +12,540 | New |
| Lombard Odier Asset Management (USA) Corp | 12,499 | $306.7K | 0.08% | −24,731−66.4% | Reduced |
| State of Alaska, Department of Revenue | 12,498 | $306.0K | 0.00% | +1,428+12.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 12,345 | $302.9K | 0.00% | −2,530−17.0% | Reduced |
| Janus Henderson Group PLC | 12,347 | $302.7K | 0.00% | 00.0% | Unchanged |
| Apollon Wealth Management, LLC | 10,863 | $266.6K | 0.01% | +10,863 | New |
| Penn Capital Management Co Inc | 10,397 | $255.1K | 0.02% | −460,179−97.8% | Reduced |
| Quadrature Capital Ltd | 10,085 | $247.4K | 0.00% | +10,085 | New |
| LPL Financial LLC | 10,006 | $245.6K | 0.00% | +10,006 | New |
| NJ State Employees Deferred Compensation Plan | 10,000 | $245.4K | 0.03% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 9,800 | $240.5K | 0.00% | +9,800 | New |
| Dimensional Fund Advisors LP | 9,754 | $239.4K | 0.00% | +9,754 | New |
| KLP Kapitalforvaltning AS | 9,700 | $238.0K | 0.00% | +2,400+32.9% | Added |
| ISAM Funds (UK) Ltd | 9,507 | $233.3K | 0.05% | +9,507 | New |