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, Q3 2025
Institutional positions in Forward Air Corp as of Sep 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
- 202
- +21 vs. Q2 2025
- Shares held
- 34.6M
- +1.47M (+4.4%) vs. Q2 2025
- Total value
- $886.8M
- +$74.2M (+9.1%) vs. Q2 2025
- New holders
- 39
- 72 more added
- Sold out
- 18
- 57 more reduced
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Clearlake Capital Group, L.P. | 3,825,000 | $98.1M | 9.16% | 00.0% | Unchanged |
| BlackRock, Inc. | 3,221,634 | $82.6M | 0.00% | −122,918−3.7% | Reduced |
| Littlejohn & Co LLC | 2,752,459 | $70.6M | 35.62% | −169,421−5.8% | Reduced |
| Vanguard Group Inc | 2,353,608 | $60.3M | 0.00% | +307,906+15.1% | Added |
| Ridgemont Partners Management, LLC | 1,937,405 | $49.7M | 100.00% | +13,926+0.7% | Added |
| Ancora Advisors, LLC | 1,475,055 | $37.8M | 0.76% | +116,012+8.5% | Added |
| Irenic Capital Management LP | 1,229,819 | $31.5M | 6.19% | +1000.0% | Added |
| JPMorgan Chase & Co | 1,003,434 | $25.7M | 0.00% | +216,551+27.5% | Added |
| Paralel Advisors LLC | 975,000 | $25.0M | 0.97% | 00.0% | Unchanged |
| J. Goldman & Co LP | 955,639 | $24.5M | 0.93% | +29,141+3.1% | Added |
| Private Management Group Inc | 936,487 | $24.0M | 0.71% | −109,739−10.5% | Reduced |
| State Street Corp | 929,930 | $23.8M | 0.00% | −7,150−0.8% | Reduced |
| CIBC World Markets Inc. | 756,038 | $19.4M | 0.04% | −85,840−10.2% | Reduced |
| FMR LLC | 730,721 | $18.7M | 0.00% | +98,630+15.6% | Added |
| UBS Group AG | 541,168 | $13.9M | 0.00% | −361,713−40.1% | Reduced |
| Geode Capital Management, LLC | 519,765 | $13.3M | 0.00% | −7,100−1.3% | Reduced |
| Bank of America Corp | 514,871 | $13.2M | 0.00% | −96,445−15.8% | Reduced |
| Charles Schwab Investment Management Inc | 509,843 | $13.1M | 0.00% | −76,650−13.1% | Reduced |
| Millennium Management LLC | 427,290 | $11.0M | 0.01% | +166,559+63.9% | Added |
| Jefferies Financial Group Inc. | 415,227 | $10.6M | 0.10% | +30,593+8.0% | Added |
| Morgan Stanley | 406,158 | $10.4M | 0.00% | −124,778−23.5% | Reduced |
| Melqart Asset Management (UK) Ltd | 382,394 | $9.80M | 1.31% | +382,394 | New |
| Royal Bank of Canada | 368,003 | $9.44M | 0.00% | −279,209−43.1% | Reduced |
| Allianz Asset Management GmbH | 323,505 | $8.29M | 0.01% | +323,505 | New |
| Jane Street Group, LLC | 279,893 | $7.18M | 0.01% | +240,508+610.7% | Added |
| Rothschild Investment LLC | 270,065 | $6.92M | 0.39% | +269,985+337,481.3% | Added |
| Nuveen, LLC | 263,323 | $6.75M | 0.00% | +201,012+322.6% | Added |
| Point72 Asset Management, L.P. | 234,066 | $6.00M | 0.01% | +170,065+265.7% | Added |
| Northern Trust Corp | 228,350 | $5.85M | 0.00% | −4,012−1.7% | Reduced |
| Susquehanna International Group, LLP | 225,628 | $5.79M | 0.01% | +112,705+99.8% | Added |
| Invesco Ltd. | 222,720 | $5.71M | 0.00% | −36,319−14.0% | Reduced |
| Brigade Capital Management, LP | 220,850 | $5.66M | 3.12% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 204,213 | $5.24M | 0.00% | −8,401−4.0% | Reduced |
| Hudson Bay Capital Management LP | 198,121 | $5.08M | 0.03% | −63,307−24.2% | Reduced |
| BNP Paribas Arbitrage, SA | 196,610 | $5.04M | 0.00% | −90,233−31.5% | Reduced |
| Walleye Capital LLC | 189,161 | $4.85M | 0.04% | +189,161 | New |
| Royce & Associates LP | 175,189 | $4.49M | 0.04% | +110,175+169.5% | Added |
| Oasis Management Co Ltd. | 173,432 | $4.45M | 0.75% | +173,432 | New |
| Adage Capital Partners GP, L.L.C. | 160,622 | $4.12M | 0.01% | +36,777+29.7% | Added |
| Shay Capital LLC | 159,193 | $4.08M | 0.74% | +110,693+228.2% | Added |
| Union Square Park Capital Management, LLC | 150,000 | $3.85M | 2.65% | −25,000−14.3% | Reduced |
| Bank of New York Mellon Corp | 144,324 | $3.70M | 0.00% | −4,611−3.1% | Reduced |
| TIG Advisors, LLC | 134,800 | $3.46M | 0.21% | +134,800 | New |
| Mill Road Capital Management LLC | 127,650 | $3.27M | 1.70% | +127,650 | New |
| Jump Financial, LLC | 126,300 | $3.24M | 0.04% | −58,153−31.5% | Reduced |
| Carlyle Group Inc. | 107,214 | $3.14M | 0.07% | 00.0% | Unchanged |
| AlpInvest Partners B.V. | 103,330 | $3.03M | 7.61% | 00.0% | Unchanged |
| Susquehanna Portfolio Strategies, LLC | 118,173 | $3.03M | 0.05% | 00.0% | Unchanged |
| Citigroup Inc | 109,895 | $2.82M | 0.00% | −11,899−9.8% | Reduced |
| Principal Financial Group Inc | 105,604 | $2.71M | 0.00% | +1,394+1.3% | Added |
| Group One Trading, L.P. | 88,335 | $2.26M | 0.07% | +29,999+51.4% | Added |
| HRT Financial LP | 88,153 | $2.26M | 0.01% | +43,807+98.8% | Added |
| Public Sector Pension Investment Board | 85,252 | $2.19M | 0.01% | +13,733+19.2% | Added |
| Citadel Advisors LLC | 73,483 | $1.88M | 0.00% | +53,674+271.0% | Added |
| PSquared Asset Management AG | 69,300 | $1.78M | 1.41% | +69,300 | New |
| Rhumbline Advisers | 67,064 | $1.72M | 0.00% | −6,519−8.9% | Reduced |
| Simplex Trading, LLC | 63,918 | $1.64M | 0.04% | +60,355+1,693.9% | Added |
| Legal & General Group Plc | 58,168 | $1.49M | 0.00% | −217−0.4% | Reduced |
| Diametric Capital, LP | 53,618 | $1.37M | 0.51% | +8,948+20.0% | Added |
| Russell Investments Group, Ltd. | 47,428 | $1.22M | 0.00% | +13,158+38.4% | Added |
| XTX Topco Ltd | 45,585 | $1.17M | 0.06% | +45,585 | New |
| Intech Investment Management LLC | 44,779 | $1.15M | 0.01% | +10,977+32.5% | Added |
| Prescott Group Capital Management, L.L.C. | 43,897 | $1.13M | 0.12% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 43,816 | $1.12M | 0.00% | −1,295−2.9% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 43,719 | $1.12M | 0.00% | +43,719 | New |
| Verition Fund Management LLC | 42,970 | $1.10M | 0.01% | −6,875−13.8% | Reduced |
| LPL Financial LLC | 42,573 | $1.09M | 0.00% | +32,567+325.5% | Added |
| Clear Harbor Asset Management, LLC | 42,560 | $1.09M | 0.08% | +42,560 | New |
| Hussman Strategic Advisors, Inc. | 42,000 | $1.08M | 0.23% | +42,000 | New |
| Marshall Wace, LLP | 40,356 | $1.03M | 0.00% | −44,956−52.7% | Reduced |
| UBS Asset Management Americas Inc | 39,026 | $1.00M | 0.00% | −23,212−37.3% | Reduced |
| Swiss National Bank | 38,300 | $982.0K | 0.00% | −2,300−5.7% | Reduced |
| Lombard Odier Asset Management (USA) Corp | 35,640 | $913.8K | 0.21% | +23,141+185.1% | Added |
| Independent Financial Group, LLC | 35,535 | $911.1K | 0.02% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 34,899 | $894.8K | 0.01% | +34,899 | New |
| Dimensional Fund Advisors LP | 34,712 | $890.0K | 0.00% | +24,958+255.9% | Added |
| Integrity Financial Corp | 33,267 | $853.0K | 0.41% | +33,267 | New |
| Deutsche Bank AG | 32,009 | $820.7K | 0.00% | +32,009 | New |
| New York State Teachers Retirement System | 31,860 | $817.0K | 0.00% | 00.0% | Unchanged |
| Readystate Asset Management LP | 31,538 | $808.6K | 0.04% | +31,538 | New |
| Wolverine Trading, LLC | 30,106 | $790.3K | 0.02% | +30,106 | New |
| Barclays PLC | 30,406 | $779.6K | 0.00% | −13,226−30.3% | Reduced |
| Rangeley Capital, LLC | 27,400 | $702.5K | 0.66% | +27,400 | New |
| Alliancebernstein L.P. | 27,206 | $697.6K | 0.00% | −5,750−17.4% | Reduced |
| Cubist Systematic Strategies, LLC | 26,783 | $686.7K | 0.01% | +26,783 | New |
| First Citizens Bank & Trust Co | 26,636 | $682.9K | 0.01% | +11,510+76.1% | Added |
| Sugar Maple Asset Management, LLC | 25,900 | $664.1K | 0.48% | +2,000+8.4% | Added |
| Gallo Partners, LP | 25,835 | $662.4K | 0.50% | +25,835 | New |
| Quadrature Capital Ltd | 25,550 | $655.4K | 0.01% | +15,465+153.3% | Added |
| Envestnet Portfolio Solutions, Inc. | 25,508 | $654.0K | 0.00% | +10,945+75.2% | Added |
| Wells Fargo & Company | 25,450 | $652.5K | 0.00% | −4,354−14.6% | Reduced |
| Price T Rowe Associates Inc | 25,095 | $644.0K | 0.00% | 00.0% | Unchanged |
| American Century Companies Inc | 24,335 | $623.9K | 0.00% | +24,335 | New |
| Toroso Investments, LLC | 23,422 | $600.5K | 0.00% | −211−0.9% | Reduced |
| Prudential Financial Inc | 21,151 | $542.3K | 0.00% | −280−1.3% | Reduced |
| Prelude Capital Management, LLC | 21,009 | $538.7K | 0.04% | +3,532+20.2% | Added |
| California State Teachers Retirement System | 19,314 | $495.2K | 0.00% | +1,408+7.9% | Added |
| Counterpoint Mutual Funds LLC | 18,932 | $485.4K | 0.04% | +18,932 | New |
| Two Sigma Investments, LP | 18,657 | $478.4K | 0.00% | −6,134−24.7% | Reduced |
| Creative Planning | 18,410 | $472.0K | 0.00% | +402+2.2% | Added |