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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, 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.

Institutional holdersQ2 2025: 181 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 heldQ2 2025: $804.6M
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, Q2 2025

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q1 2025.

Institutions holding FWRD in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Numerai GP LLC0$00.00%−21,507−100.0%Sold out
Great West Life Assurance Co0$00.00%−19,592−100.0%Sold out
Zacks Investment Management0$00.00%−18,207−100.0%Sold out
HSBC Holdings PLC0$00.00%−16,913−100.0%Sold out
Centiva Capital, LP0$00.00%−15,800−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−13,108−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−12,912−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−12,872−100.0%Sold out
Federated Hermes, Inc.0$00.00%−12,771−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−10,980−100.0%Sold out
Beacon Pointe Advisors, LLC0$00.00%−10,750−100.0%Sold out
AQR Capital Management LLC0$00.00%−10,009−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−8,604−100.0%Sold out
Walleye Capital LLC0$00.00%−7,026−100.0%Sold out
Amundi0$00.00%−9,249−100.0%Sold out
Spire Wealth Management0$00.00%−2,435−100.0%Sold out
Byrne Asset Management LLC0$00.00%−1,940−100.0%Sold out
Quadrant Capital Group LLC0$00.00%−1,205−100.0%Sold out
Quarry LP0$00.00%−907−100.0%Sold out
Point72 Hong Kong Ltd0$00.00%−774−100.0%Sold out
Geneos Wealth Management Inc.0$00.00%−430−100.0%Sold out
Harel Insurance Investments & Financial Services Ltd.0$00.00%−214−100.0%Sold out
Skopos Labs, Inc.0$00.00%−119−100.0%Sold out
Umb Bank N A0$00.00%−82−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−53−100.0%Sold out
Principal Securities, Inc.0$00.00%−30−100.0%Sold out
South State Corp.0$00.00%−35−100.0%Sold out
Smartleaf Asset Management LLC0$00.00%−31−100.0%Sold out
Parkside Financial Bank & Trust0$00.00%−21−100.0%Sold out
Continuum Advisory, LLC0$00.00%−19−100.0%Sold out
Hantz Financial Services, Inc.0$00.00%−9−100.0%Sold out
Capital Advisors, Ltd. LLC0$00.00%−7−100.0%Sold out
Lindbrook Capital, LLC––––Not filed