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
- 34.1M
- +1.29M (+3.9%) vs. Q2 2025
- Total value
- $873.9M
- +$69.3M (+8.6%) 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 | $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, 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 |
|---|---|---|---|---|---|
| Advisory Services Network, LLC | 1 | $26 | 0.00% | +1 | New |
| IFP Advisors, Inc | 4 | $103 | 0.00% | +4 | Added |
| Parallel Advisors, LLC | 10 | $256 | 0.00% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 10 | $257 | 0.00% | +10 | New |
| Smartleaf Asset Management LLC | 11 | $288 | 0.00% | +11 | New |
| Huntington National Bank | 14 | $353 | 0.00% | 00.0% | Unchanged |
| Atlantic Trust, LLC | 14 | $359 | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 14 | $359 | 0.00% | 00.0% | Unchanged |
| Vermillion Wealth Management, Inc. | 14 | $362 | 0.00% | 00.0% | Unchanged |
| Cullen/Frost Bankers, Inc. | 18 | $462 | 0.00% | 00.0% | Unchanged |
| Farmers & Merchants Investments Inc | 18 | $462 | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 19 | $487 | 0.00% | +3+18.8% | Added |
| Kilter Group LLC | 19 | $488 | 0.00% | +19 | New |
| GWM Advisors LLC | 20 | $513 | 0.00% | 00.0% | Unchanged |
| Annis Gardner Whiting Capital Advisors, LLC | 20 | $513 | 0.00% | 00.0% | Unchanged |
| Fortitude Family Office, LLC | 27 | $692 | 0.00% | 00.0% | Unchanged |
| Cedar Mountain Advisors, LLC | 28 | $718 | 0.00% | +28 | New |
| Bessemer Group Inc | 45 | $1.00K | 0.00% | +28+164.7% | Added |
| McIlrath & Eck, LLC | 70 | $1.79K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 75 | $1.92K | 0.00% | +55+275.0% | Added |
| Umb Bank N A | 98 | $2.51K | 0.00% | +98 | New |
| CIBC Private Wealth Group, LLC | 105 | $2.69K | 0.00% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 126 | $3.37K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 144 | $3.69K | 0.00% | −7−4.6% | Reduced |
| Larson Financial Group LLC | 149 | $3.82K | 0.00% | +144+2,880.0% | Added |
| SRS Capital Advisors, Inc. | 159 | $4.08K | 0.00% | +35+28.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 204 | $5.00K | 0.00% | −70−25.5% | Reduced |
| Harbor Capital Advisors, Inc. | 210 | $5.00K | 0.00% | +205+4,100.0% | Added |
| Salomon & Ludwin, LLC | 215 | $5.04K | 0.00% | +215 | New |
| Fifth Third Bancorp | 215 | $5.51K | 0.00% | +26+13.8% | Added |
| Quadrant Capital Group LLC | 223 | $5.72K | 0.00% | +223 | New |
| North Star Investment Management Corp. | 240 | $6.15K | 0.00% | −90−27.3% | Reduced |
| Signaturefd, LLC | 256 | $6.56K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 262 | $6.72K | 0.00% | +262 | New |
| Caitong International Asset Management Co., Ltd | 264 | $6.77K | 0.00% | −351−57.1% | Reduced |
| Massmutual Trust Co FSB | 297 | $7.62K | 0.00% | +48+19.3% | Added |
| Farther Finance Advisors, LLC | 387 | $9.92K | 0.00% | +183+89.7% | Added |
| Anchor Investment Management, LLC | 430 | $11.0K | 0.00% | +15+3.6% | Added |
| The PNC Financial Services Group, Inc. | 490 | $12.6K | 0.00% | +69+16.4% | Added |
| Nalls Sherbakoff Group, LLC | 500 | $12.8K | 0.01% | 00.0% | Unchanged |
| Allworth Financial LP | 513 | $13.2K | 0.00% | +4+0.8% | Added |
| Emerald Advisers, LLC | 585 | $15.0K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 812 | $21.0K | 0.00% | +44+5.7% | Added |
| Versant Capital Management, Inc | 911 | $23.4K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 933 | $23.9K | 0.00% | +533+133.3% | Added |
| Public Employees Retirement System of Ohio | 1,249 | $32.0K | 0.00% | −191−13.3% | Reduced |
| Quantbot Technologies LP | 1,480 | $37.9K | 0.00% | −53,028−97.3% | Reduced |
| Point72 (DIFC) Ltd | 1,640 | $42.0K | 0.00% | +1,458+801.1% | Added |
| Ameritas Investment Partners, Inc. | 1,771 | $45.4K | 0.00% | −829−31.9% | Reduced |
| Canada Pension Plan Investment Board | 1,800 | $46.2K | 0.00% | +1,700+1,700.0% | Added |
| Federation des caisses Desjardins du Quebec | 2,000 | $51.3K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 2,561 | $65.7K | 0.00% | +62+2.5% | Added |
| MAI Capital Management | 2,859 | $73.3K | 0.00% | −3,045−51.6% | Reduced |
| US Bancorp | 2,986 | $76.6K | 0.00% | −84−2.7% | Reduced |
| Quest Partners LLC | 3,015 | $77.3K | 0.01% | +2,545+541.5% | Added |
| GAMMA Investing LLC | 3,220 | $82.6K | 0.00% | +115+3.7% | Added |
| Tower Research Capital LLC (TRC) | 3,550 | $91.0K | 0.00% | +950+36.5% | Added |
| Public Employees Retirement Association of Colorado | 3,633 | $93.0K | 0.00% | −326−8.2% | Reduced |
| Clear Street Markets LLC | 3,862 | $99.0K | 0.03% | +543+16.4% | Added |
| Rocky Mountain Advisers, LLC | 4,040 | $103.6K | 0.03% | −350−8.0% | Reduced |
| State of Tennessee, Treasury Department | 4,542 | $116.5K | 0.00% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 4,917 | $126.1K | 0.00% | −3,900−44.2% | Reduced |
| Oregon Public Employees Retirement Fund | 4,920 | $126.1K | 0.00% | +85+1.8% | Added |
| Advisor Group Holdings, Inc. | 4,695 | $140.8K | 0.00% | −13−0.3% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 5,725 | $146.8K | 0.00% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 5,847 | $149.9K | 0.00% | −12,750−68.6% | Reduced |
| Teachers Retirement System of the State of Kentucky | 6,105 | $157.0K | 0.00% | −2,650−30.3% | Reduced |
| Comerica Bank | 6,379 | $163.6K | 0.00% | −779−10.9% | Reduced |
| Amalgamated Bank | 6,381 | $164.0K | 0.00% | +207+3.4% | Added |
| BFSG, LLC | 6,555 | $168.1K | 0.02% | −1,250−16.0% | Reduced |
| Wolverine Asset Management LLC | 6,565 | $168.3K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 6,966 | $178.6K | 0.00% | 00.0% | Unchanged |
| Logan Capital Management Inc | 7,575 | $194.2K | 0.01% | +791+11.7% | Added |
| KLP Kapitalforvaltning AS | 7,800 | $200.0K | 0.00% | −1,900−19.6% | Reduced |
| ProShare Advisors LLC | 8,008 | $205.3K | 0.00% | +8,008 | New |
| Sherbrooke Park Advisers LLC | 8,157 | $209.1K | 0.10% | +8,157 | New |
| Neuberger Berman Group LLC | 8,749 | $224.3K | 0.00% | +285+3.4% | Added |
| Virtu Financial LLC | 8,895 | $228.0K | 0.01% | +8,895 | New |
| Headlands Technologies LLC | 9,005 | $230.9K | 0.02% | +1,602+21.6% | Added |
| HB Wealth Management, LLC | 9,216 | $236.3K | 0.00% | +9,216 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 9,865 | $252.9K | 0.00% | −2,480−20.1% | Reduced |
| State of Wisconsin Investment Board | 9,932 | $254.7K | 0.00% | +1,253+14.4% | Added |
| NJ State Employees Deferred Compensation Plan | 10,000 | $256.4K | 0.03% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 10,000 | $256.4K | 0.00% | +200+2.0% | Added |
| Optimize Financial Inc | 10,610 | $272.0K | 0.14% | +10,610 | New |
| Point72 Asia (Singapore) Pte. Ltd. | 10,822 | $277.5K | 0.04% | +3,793+54.0% | Added |
| Squarepoint Ops LLC | 10,915 | $279.9K | 0.00% | −129,836−92.2% | Reduced |
| State of Alaska, Department of Revenue | 11,000 | $282.0K | 0.00% | −1,498−12.0% | Reduced |
| ISAM Funds (UK) Ltd | 11,237 | $288.1K | 0.06% | +1,730+18.2% | Added |
| Aristeia Capital LLC | 11,704 | $300.1K | 0.01% | +11,704 | New |
| MetLife Investment Management | 11,835 | $303.4K | 0.00% | −2,817−19.2% | Reduced |
| Two Sigma Securities, LLC | 11,938 | $306.1K | 0.05% | +11,938 | New |
| Janus Henderson Group PLC | 12,347 | $316.6K | 0.00% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 14,269 | $365.9K | 0.00% | +1,212+9.3% | Added |
| SG Americas Securities, LLC | 14,509 | $372.0K | 0.00% | −114,578−88.8% | Reduced |
| Thrivent Financial for Lutherans | 15,772 | $404.0K | 0.00% | +336+2.2% | Added |
| Engineers Gate Manager LP | 15,985 | $409.9K | 0.00% | +15,985 | New |
| Fuller & Thaler Asset Management, Inc. | 16,095 | $412.7K | 0.00% | +16,095 | New |
| Y-Intercept (Hong Kong) Ltd | 16,762 | $429.8K | 0.01% | −57,656−77.5% | Reduced |
| Penn Capital Management Co Inc | 17,374 | $445.5K | 0.03% | +6,977+67.1% | Added |