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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.

Q2 2025 vs. Q1 2025

How the institutions holding Forward Air Corp changed between Q1 2025 and Q2 2025.

All holders in Q2 2025All holders in Q1 2025

13F holders of FWRD: Q1 2025 compared with Q2 2025
MeasureQ1 2025Of which not filed for Q2 2025Q2 2025Change
Holders1951181−13
Shares33.4M2332.8M−632.2K (−1.9%)
Value$671.9M$462$804.6M+$132.7M (+19.8%)

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (38)

Institutions that held Forward Air Corp at the end of Q2 2025 but not at the end of Q1 2025.

Institutions new to FWRD in Q2 2025
InstitutionSharesValue% of portfolio
CIBC World Markets Inc.841,878$20.7M0.05%
Susquehanna Portfolio Strategies, LLC118,173$2.90M0.06%
Y-Intercept (Hong Kong) Ltd74,418$1.83M0.04%
Shay Capital LLC48,500$1.19M0.27%
Diametric Capital, LP44,670$1.10M0.58%
Prescott Group Capital Management, L.L.C.43,897$1.08M0.13%
Toroso Investments, LLC23,633$580.0K0.00%
Nebula Research & Development LLC15,823$388.3K0.03%
First Citizens Bank & Trust Co15,126$371.2K0.01%
Envestnet Portfolio Solutions, Inc.14,563$357.4K0.00%
Quantinno Capital Management LP13,057$320.4K0.00%
Algert Global LLC12,540$307.7K0.01%
Apollon Wealth Management, LLC10,863$266.6K0.01%
Quadrature Capital Ltd10,085$247.4K0.00%
LPL Financial LLC10,006$245.6K0.00%
Louisiana State Employees Retirement System9,800$240.5K0.00%
Dimensional Fund Advisors LP9,754$239.4K0.00%
ISAM Funds (UK) Ltd9,507$233.3K0.05%
Man Group plc9,118$223.8K0.00%
Gotham Asset Management, LLC8,483$208.2K0.00%
Neuberger Berman Group LLC8,464$207.7K0.00%
Manufacturers Life Insurance Company, The8,286$203.3K0.00%
Headlands Technologies LLC7,403$181.7K0.02%
Raymond James Financial Inc7,133$175.0K0.00%
Lazard Asset Management LLC4,378$107.0K0.00%
STRS Ohio4,200$103.1K0.00%
Simplex Trading, LLC3,563$87.0K0.00%
Aster Capital Management (DIFC) Ltd1,105$27.1K0.01%
Caitong International Asset Management Co., Ltd615$15.1K0.01%
BNP PARIBAS ASSET MANAGEMENT Holding S.A.274$7.00K0.00%
Canada Pension Plan Investment Board100$2.45K0.00%
National Bank of Canada39$9530.00%
Fortitude Family Office, LLC27$6630.00%
Annis Gardner Whiting Capital Advisors, LLC20$4910.00%
Atlantic Trust, LLC14$3440.00%
True Wealth Design, LLC14$3440.00%
Twin Peaks Wealth Advisors, LLC6$1750.00%
WealthTrak Capital Management LLC5$1230.00%

Sold out (51)

Institutions that held Forward Air Corp at the end of Q1 2025 and filed for Q2 2025 without it.

Institutions that sold out of FWRD in Q2 2025
InstitutionShares, Q1 2025Value, Q1 2025
Brevan Howard Capital Management LP380,785$7.65M
Moore Capital Management, LP311,416$6.26M
Allianz Asset Management GmbH229,227$4.61M
Kintayl Capital LP223,087$4.48M
ExodusPoint Capital Management, LP189,559$3.81M
Renaissance Technologies LLC132,139$2.65M
Mill Road Capital Management LLC127,650$2.56M
Icon Advisers Inc93,000$1.87M
Healthcare of Ontario Pension Plan Trust Fund88,200$1.77M
Anthracite Investment Company, Inc.82,015$1.65M
Essex Investment Management Co LLC76,596$1.54M
Cresset Asset Management, LLC49,551$995.5K
Saba Capital Management, L.P.48,150$967.3K
Whitebox Advisors LLC41,136$826.4K
American Century Companies Inc28,349$569.5K
Nomura Holdings Inc27,500$552.5K
Deutsche Bank AG24,704$496.3K
XTX Topco Ltd23,932$480.8K
Legato Capital Management LLC22,807$458.2K
Numerai GP LLC21,507$432.1K
Great West Life Assurance Co19,592$394.0K
Zacks Investment Management18,207$365.8K
HSBC Holdings PLC16,913$340.1K
Centiva Capital, LP15,800$317.4K
Boothbay Fund Management, LLC13,108$263.3K
Corebridge Financial, Inc.12,912$259.4K
Campbell & CO Investment Adviser LLC12,872$258.6K
Federated Hermes, Inc.12,771$256.6K
Fox Run Management, L.L.C.10,980$220.6K
Beacon Pointe Advisors, LLC10,750$216.0K
AQR Capital Management LLC10,009$201.1K
Cubist Systematic Strategies, LLC8,604$172.9K
Walleye Capital LLC7,026$141.2K
Amundi9,249$138.3K
Spire Wealth Management2,435$48.9K
Byrne Asset Management LLC1,940$39.0K
Quadrant Capital Group LLC1,205$24.2K
Quarry LP907$18.2K
Point72 Hong Kong Ltd774$15.6K
Geneos Wealth Management Inc.430$8.64K
Harel Insurance Investments & Financial Services Ltd.214$4.00K
Skopos Labs, Inc.119$2.39K
Umb Bank N A82$1.65K
Coldstream Capital Management Inc53$1.06K
Principal Securities, Inc.30$968
South State Corp.35$704
Smartleaf Asset Management LLC31$642
Parkside Financial Bank & Trust21$423
Continuum Advisory, LLC19$382
Hantz Financial Services, Inc.9$0
Capital Advisors, Ltd. LLC7$0

Not filed for Q2 2025 yet (1)

Institutions that held Forward Air Corp at the end of Q1 2025 and haven't filed a 13F for Q2 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding FWRD in Q1 2025 that haven't filed for Q2 2025
InstitutionShares, Q1 2025Value, Q1 2025
Lindbrook Capital, LLC23$462