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 |
|---|---|---|---|---|---|
| Walleye Trading LLC | 9,359 | $229.7K | 0.01% | −31,971−77.4% | Reduced |
| Man Group plc | 9,118 | $223.8K | 0.00% | +9,118 | New |
| New York State Common Retirement Fund | 8,817 | $216.4K | 0.00% | −285,865−97.0% | Reduced |
| Teachers Retirement System of the State of Kentucky | 8,755 | $214.0K | 0.00% | 00.0% | Unchanged |
| State of Wisconsin Investment Board | 8,679 | $213.0K | 0.00% | −7,579−46.6% | Reduced |
| Gotham Asset Management, LLC | 8,483 | $208.2K | 0.00% | +8,483 | New |
| Neuberger Berman Group LLC | 8,464 | $207.7K | 0.00% | +8,464 | New |
| Manufacturers Life Insurance Company, The | 8,286 | $203.3K | 0.00% | +8,286 | New |
| BFSG, LLC | 7,805 | $191.5K | 0.02% | +1,030+15.2% | Added |
| Headlands Technologies LLC | 7,403 | $181.7K | 0.02% | +7,403 | New |
| Comerica Bank | 7,158 | $175.7K | 0.00% | +149+2.1% | Added |
| Raymond James Financial Inc | 7,133 | $175.0K | 0.00% | +7,133 | New |
| Point72 Asia (Singapore) Pte. Ltd. | 7,029 | $172.5K | 0.03% | −1,489−17.5% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 6,966 | $170.9K | 0.00% | −903−11.5% | Reduced |
| Logan Capital Management Inc | 6,784 | $166.5K | 0.01% | −1,632−19.4% | Reduced |
| Wolverine Asset Management LLC | 6,565 | $161.1K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 6,174 | $152.0K | 0.00% | +484+8.5% | Added |
| MAI Capital Management | 5,904 | $144.9K | 0.00% | +2,000+51.2% | Added |
| Police & Firemen's Retirement System of New Jersey | 5,725 | $140.5K | 0.00% | +629+12.3% | Added |
| Oregon Public Employees Retirement Fund | 4,835 | $118.7K | 0.00% | +300+6.6% | Added |
| Advisor Group Holdings, Inc. | 4,708 | $115.5K | 0.00% | +5+0.1% | Added |
| State of Tennessee, Treasury Department | 4,542 | $111.5K | 0.00% | 00.0% | Unchanged |
| Rocky Mountain Advisers, LLC | 4,390 | $107.7K | 0.03% | 00.0% | Unchanged |
| Lazard Asset Management LLC | 4,378 | $107.0K | 0.00% | +4,378 | New |
| STRS Ohio | 4,200 | $103.1K | 0.00% | +4,200 | New |
| Public Employees Retirement Association of Colorado | 3,959 | $97.0K | 0.00% | 00.0% | Unchanged |
| Simplex Trading, LLC | 3,563 | $87.0K | 0.00% | +3,563 | New |
| Clear Street Markets LLC | 3,319 | $81.4K | 0.03% | −11,781−78.0% | Reduced |
| GAMMA Investing LLC | 3,105 | $76.2K | 0.00% | +790+34.1% | Added |
| US Bancorp | 3,070 | $75.3K | 0.00% | +2,178+244.2% | Added |
| Ameritas Investment Partners, Inc. | 2,600 | $63.8K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 2,600 | $63.8K | 0.00% | +1,753+207.0% | Added |
| Nisa Investment Advisors, LLC | 2,499 | $61.3K | 0.00% | +530+26.9% | Added |
| Federation des caisses Desjardins du Quebec | 2,000 | $49.1K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 1,440 | $35.3K | 0.00% | −812−36.1% | Reduced |
| Aster Capital Management (DIFC) Ltd | 1,105 | $27.1K | 0.01% | +1,105 | New |
| Versant Capital Management, Inc | 911 | $22.4K | 0.00% | +360+65.3% | Added |
| CWM, LLC | 768 | $19.0K | 0.00% | −212−21.6% | Reduced |
| Caitong International Asset Management Co., Ltd | 615 | $15.1K | 0.01% | +615 | New |
| Emerald Advisers, LLC | 585 | $14.4K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 509 | $12.5K | 0.00% | +61+13.6% | Added |
| Nalls Sherbakoff Group, LLC | 500 | $12.3K | 0.01% | 00.0% | Unchanged |
| Quest Partners LLC | 470 | $11.5K | 0.00% | −1,219−72.2% | Reduced |
| The PNC Financial Services Group, Inc. | 421 | $10.3K | 0.00% | −1,085−72.0% | Reduced |
| Anchor Investment Management, LLC | 415 | $10.2K | 0.00% | −150−26.5% | Reduced |
| Sterling Capital Management LLC | 400 | $9.82K | 0.00% | −32−7.4% | Reduced |
| North Star Investment Management Corp. | 330 | $8.10K | 0.00% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 274 | $7.00K | 0.00% | +274 | New |
| Signaturefd, LLC | 256 | $6.28K | 0.00% | −236−48.0% | Reduced |
| Massmutual Trust Co FSB | 249 | $6.11K | 0.00% | +70+39.1% | Added |
| Farther Finance Advisors, LLC | 204 | $5.01K | 0.00% | +179+716.0% | Added |
| IFP Advisors, Inc | 0 | $4.83K | 0.00% | 0 | Unchanged |
| Fifth Third Bancorp | 189 | $4.64K | 0.00% | −350−64.9% | Reduced |
| Point72 (DIFC) Ltd | 182 | $4.48K | 0.00% | −4,835−96.4% | Reduced |
| Steward Partners Investment Advisory, LLC | 151 | $3.71K | 0.00% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 126 | $3.17K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 124 | $3.04K | 0.00% | +93+300.0% | Added |
| CIBC Private Wealth Group, LLC | 105 | $2.58K | 0.00% | 00.0% | Unchanged |
| Canada Pension Plan Investment Board | 100 | $2.45K | 0.00% | +100 | New |
| Rothschild Investment LLC | 80 | $1.96K | 0.00% | +55+220.0% | Added |
| McIlrath & Eck, LLC | 70 | $1.72K | 0.00% | 00.0% | Unchanged |
| National Bank of Canada | 39 | $953 | 0.00% | +39 | New |
| Fortitude Family Office, LLC | 27 | $663 | 0.00% | +27 | New |
| GWM Advisors LLC | 20 | $491 | 0.00% | 00.0% | Unchanged |
| Annis Gardner Whiting Capital Advisors, LLC | 20 | $491 | 0.00% | +20 | New |
| EverSource Wealth Advisors, LLC | 20 | $490 | 0.00% | −234−92.1% | Reduced |
| Cullen/Frost Bankers, Inc. | 18 | $442 | 0.00% | −49−73.1% | Reduced |
| Farmers & Merchants Investments Inc | 18 | $442 | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 16 | $393 | 0.00% | 00.0% | Unchanged |
| Vermillion Wealth Management, Inc. | 14 | $346 | 0.00% | 00.0% | Unchanged |
| Atlantic Trust, LLC | 14 | $344 | 0.00% | +14 | New |
| True Wealth Design, LLC | 14 | $344 | 0.00% | +14 | New |
| Huntington National Bank | 14 | $339 | 0.00% | −5−26.3% | Reduced |
| Parallel Advisors, LLC | 10 | $245 | 0.00% | 00.0% | Unchanged |
| Raleigh Capital Management Inc. | 9 | $221 | 0.00% | 00.0% | Unchanged |
| Twin Peaks Wealth Advisors, LLC | 6 | $175 | 0.00% | +6 | New |
| Larson Financial Group LLC | 5 | $123 | 0.00% | 00.0% | Unchanged |
| WealthTrak Capital Management LLC | 5 | $123 | 0.00% | +5 | New |
| Bessemer Group Inc | 17 | $0 | 0.00% | −322−95.0% | Reduced |
| Harbor Capital Advisors, Inc. | 5 | $0 | 0.00% | 00.0% | Unchanged |
| Covestor Ltd | 5 | $0 | 0.00% | +3+150.0% | Added |
| 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 |