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
- 32.8M
- −632.2K (−1.9%) vs. Q1 2025
- Total value
- $804.6M
- +$132.7M (+19.8%) 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 | $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, 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 |
|---|---|---|---|---|---|
| Nebula Research & Development LLC | 15,823 | $388.3K | 0.03% | +15,823 | New |
| CWM Advisors, LLC | 15,975 | $392.0K | 0.04% | −1,178−6.9% | Reduced |
| Prelude Capital Management, LLC | 17,477 | $428.9K | 0.04% | +6,446+58.4% | Added |
| California State Teachers Retirement System | 17,906 | $439.4K | 0.00% | −1,814−9.2% | Reduced |
| Creative Planning | 18,008 | $441.9K | 0.00% | −2,634−12.8% | Reduced |
| Ensign Peak Advisors, Inc | 18,597 | $456.4K | 0.00% | −700−3.6% | Reduced |
| Citadel Advisors LLC | 19,809 | $486.1K | 0.00% | +19,805+495,125.0% | Added |
| Prudential Financial Inc | 21,431 | $525.9K | 0.00% | +1,323+6.6% | Added |
| Toroso Investments, LLC | 23,633 | $580.0K | 0.00% | +23,633 | New |
| Sugar Maple Asset Management, LLC | 23,900 | $586.5K | 0.46% | −2,000−7.7% | Reduced |
| Two Sigma Investments, LP | 24,791 | $608.4K | 0.00% | −86,980−77.8% | Reduced |
| Price T Rowe Associates Inc | 25,095 | $616.0K | 0.00% | +904+3.7% | Added |
| Wells Fargo & Company | 29,804 | $731.4K | 0.00% | +358+1.2% | Added |
| New York State Teachers Retirement System | 31,860 | $782.0K | 0.00% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 32,956 | $808.7K | 0.00% | −111−0.3% | Reduced |
| Intech Investment Management LLC | 33,802 | $829.5K | 0.01% | −39,238−53.7% | Reduced |
| Russell Investments Group, Ltd. | 34,270 | $841.0K | 0.00% | −11,830−25.7% | Reduced |
| Independent Financial Group, LLC | 35,535 | $872.0K | 0.02% | +1,535+4.5% | Added |
| Jane Street Group, LLC | 39,385 | $966.5K | 0.00% | +26,461+204.7% | Added |
| Swiss National Bank | 40,600 | $996.3K | 0.00% | −2,300−5.4% | Reduced |
| Barclays PLC | 43,632 | $1.07M | 0.00% | −16,251−27.1% | Reduced |
| Prescott Group Capital Management, L.L.C. | 43,897 | $1.08M | 0.13% | +43,897 | New |
| HRT Financial LP | 44,346 | $1.09M | 0.00% | +21,134+91.0% | Added |
| Diametric Capital, LP | 44,670 | $1.10M | 0.58% | +44,670 | New |
| Ameriprise Financial Inc | 45,111 | $1.11M | 0.00% | −5,466−10.8% | Reduced |
| Shay Capital LLC | 48,500 | $1.19M | 0.27% | +48,500 | New |
| Verition Fund Management LLC | 49,845 | $1.22M | 0.01% | −393,548−88.8% | Reduced |
| Quantbot Technologies LP | 54,508 | $1.34M | 0.03% | −265−0.5% | Reduced |
| Group One Trading, L.P. | 58,336 | $1.43M | 0.05% | +46,393+388.5% | Added |
| Legal & General Group Plc | 58,385 | $1.43M | 0.00% | +4,436+8.2% | Added |
| UBS Asset Management Americas Inc | 62,238 | $1.53M | 0.00% | +18,034+40.8% | Added |
| Nuveen, LLC | 62,311 | $1.53M | 0.00% | −29,402−32.1% | Reduced |
| Point72 Asset Management, L.P. | 64,001 | $1.57M | 0.00% | −48,499−43.1% | Reduced |
| Royce & Associates LP | 65,014 | $1.60M | 0.02% | −7,026−9.8% | Reduced |
| Public Sector Pension Investment Board | 71,519 | $1.76M | 0.01% | +8,176+12.9% | Added |
| Rhumbline Advisers | 73,583 | $1.81M | 0.00% | +3,526+5.0% | Added |
| Y-Intercept (Hong Kong) Ltd | 74,418 | $1.83M | 0.04% | +74,418 | New |
| Marshall Wace, LLP | 85,312 | $2.09M | 0.00% | +54,356+175.6% | Added |
| Principal Financial Group Inc | 104,210 | $2.56M | 0.00% | +4,389+4.4% | Added |
| Caxton Associates LLP | 107,113 | $2.63M | 0.07% | +59,345+124.2% | Added |
| Susquehanna International Group, LLP | 112,923 | $2.77M | 0.00% | +62,097+122.2% | Added |
| AlpInvest Partners B.V. | 103,330 | $2.85M | 5.54% | 00.0% | Unchanged |
| Susquehanna Portfolio Strategies, LLC | 118,173 | $2.90M | 0.06% | +118,173 | New |
| Carlyle Group Inc. | 107,214 | $2.95M | 0.06% | 00.0% | Unchanged |
| Citigroup Inc | 121,794 | $2.99M | 0.00% | +83,231+215.8% | Added |
| Adage Capital Partners GP, L.L.C. | 123,845 | $3.04M | 0.01% | −215,678−63.5% | Reduced |
| SG Americas Securities, LLC | 129,087 | $3.17M | 0.01% | −7,811−5.7% | Reduced |
| Squarepoint Ops LLC | 140,751 | $3.45M | 0.01% | +109,384+348.7% | Added |
| Bank of New York Mellon Corp | 148,935 | $3.65M | 0.00% | −29,214−16.4% | Reduced |
| Union Square Park Capital Management, LLC | 175,000 | $4.29M | 3.74% | +35,000+25.0% | Added |
| Jump Financial, LLC | 184,453 | $4.53M | 0.06% | +55,482+43.0% | Added |
| Goldman Sachs Group Inc | 212,614 | $5.22M | 0.00% | −116,379−35.4% | Reduced |
| Brigade Capital Management, LP | 220,850 | $5.42M | 6.22% | +54,850+33.0% | Added |
| Northern Trust Corp | 232,362 | $5.70M | 0.00% | −42,423−15.4% | Reduced |
| Invesco Ltd. | 259,039 | $6.36M | 0.00% | −14,172−5.2% | Reduced |
| Millennium Management LLC | 260,731 | $6.40M | 0.01% | +94,188+56.6% | Added |
| Hudson Bay Capital Management LP | 261,428 | $6.42M | 0.04% | +88,185+50.9% | Added |
| BNP Paribas Arbitrage, SA | 286,843 | $7.04M | 0.01% | +60,732+26.9% | Added |
| Royal Bank of Canada | 323,606 | $7.94M | 0.00% | +2,514+0.8% | Added |
| One Fin Capital Management LP | 335,000 | $8.22M | 2.78% | −65,000−16.3% | Reduced |
| Balyasny Asset Management LLC | 349,127 | $8.57M | 0.02% | +300,225+613.9% | Added |
| Jefferies Financial Group Inc. | 384,634 | $9.44M | 0.16% | −92,017−19.3% | Reduced |
| Geode Capital Management, LLC | 526,865 | $12.9M | 0.00% | −27,261−4.9% | Reduced |
| Morgan Stanley | 530,936 | $13.0M | 0.00% | −350,145−39.7% | Reduced |
| Charles Schwab Investment Management Inc | 586,493 | $14.4M | 0.00% | −174,738−23.0% | Reduced |
| Bank of America Corp | 611,316 | $15.0M | 0.00% | +121,190+24.7% | Added |
| FMR LLC | 632,091 | $15.5M | 0.00% | +627,371+13,291.8% | Added |
| JPMorgan Chase & Co | 786,883 | $19.3M | 0.00% | +252,509+47.3% | Added |
| CIBC World Markets Inc. | 841,878 | $20.7M | 0.05% | +841,878 | New |
| UBS Group AG | 902,881 | $22.2M | 0.00% | +425,776+89.2% | Added |
| J. Goldman & Co LP | 926,498 | $22.7M | 0.71% | +62,810+7.3% | Added |
| State Street Corp | 937,080 | $23.0M | 0.00% | −28,764−3.0% | Reduced |
| Paralel Advisors LLC | 975,000 | $23.9M | 0.97% | 00.0% | Unchanged |
| Private Management Group Inc | 1,046,226 | $25.7M | 0.83% | +83,600+8.7% | Added |
| Irenic Capital Management LP | 1,229,719 | $30.2M | 6.64% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 1,359,043 | $33.4M | 0.70% | +128,653+10.5% | Added |
| Ridgemont Partners Management, LLC | 1,923,479 | $47.2M | 100.00% | +12,864+0.7% | Added |
| Vanguard Group Inc | 2,045,702 | $50.2M | 0.00% | −4,566−0.2% | Reduced |
| Littlejohn & Co LLC | 2,921,880 | $71.7M | 34.09% | +107,479+3.8% | Added |
| BlackRock, Inc. | 3,344,552 | $82.1M | 0.00% | −17,702−0.5% | Reduced |
| Clearlake Capital Group, L.P. | 3,825,000 | $93.9M | 8.72% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −380,785−100.0% | Sold out |
| Moore Capital Management, LP | 0 | $0 | 0.00% | −311,416−100.0% | Sold out |
| Allianz Asset Management GmbH | 0 | $0 | 0.00% | −229,227−100.0% | Sold out |
| Kintayl Capital LP | 0 | $0 | 0.00% | −223,087−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −189,559−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −132,139−100.0% | Sold out |
| Mill Road Capital Management LLC | 0 | $0 | 0.00% | −127,650−100.0% | Sold out |
| Icon Advisers Inc | 0 | $0 | 0.00% | −93,000−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −88,200−100.0% | Sold out |
| Anthracite Investment Company, Inc. | 0 | $0 | 0.00% | −82,015−100.0% | Sold out |
| Essex Investment Management Co LLC | 0 | $0 | 0.00% | −76,596−100.0% | Sold out |
| Cresset Asset Management, LLC | 0 | $0 | 0.00% | −49,551−100.0% | Sold out |
| Saba Capital Management, L.P. | 0 | $0 | 0.00% | −48,150−100.0% | Sold out |
| Whitebox Advisors LLC | 0 | $0 | 0.00% | −41,136−100.0% | Sold out |
| American Century Companies Inc | 0 | $0 | 0.00% | −28,349−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −27,500−100.0% | Sold out |
| Deutsche Bank AG | 0 | $0 | 0.00% | −24,704−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −23,932−100.0% | Sold out |
| Legato Capital Management LLC | 0 | $0 | 0.00% | −22,807−100.0% | Sold out |