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 |
|---|---|---|---|---|---|
| Covestor Ltd | 17,456 | $447.0K | 0.25% | +17,451+349,020.0% | Added |
| CWM Advisors, LLC | 17,581 | $450.8K | 0.04% | +1,606+10.1% | Added |
| Creative Planning | 18,410 | $472.0K | 0.00% | +402+2.2% | Added |
| Two Sigma Investments, LP | 18,657 | $478.4K | 0.00% | −6,134−24.7% | Reduced |
| Counterpoint Mutual Funds LLC | 18,932 | $485.4K | 0.04% | +18,932 | New |
| California State Teachers Retirement System | 19,314 | $495.2K | 0.00% | +1,408+7.9% | Added |
| Prelude Capital Management, LLC | 21,009 | $538.7K | 0.04% | +3,532+20.2% | Added |
| Prudential Financial Inc | 21,151 | $542.3K | 0.00% | −280−1.3% | Reduced |
| Toroso Investments, LLC | 23,422 | $600.5K | 0.00% | −211−0.9% | Reduced |
| American Century Companies Inc | 24,335 | $623.9K | 0.00% | +24,335 | New |
| Price T Rowe Associates Inc | 25,095 | $644.0K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 25,450 | $652.5K | 0.00% | −4,354−14.6% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 25,508 | $654.0K | 0.00% | +10,945+75.2% | Added |
| Quadrature Capital Ltd | 25,550 | $655.4K | 0.01% | +15,465+153.3% | Added |
| Gallo Partners, LP | 25,835 | $662.4K | 0.50% | +25,835 | New |
| Sugar Maple Asset Management, LLC | 25,900 | $664.1K | 0.48% | +2,000+8.4% | Added |
| First Citizens Bank & Trust Co | 26,636 | $682.9K | 0.01% | +11,510+76.1% | Added |
| Cubist Systematic Strategies, LLC | 26,783 | $686.7K | 0.01% | +26,783 | New |
| Alliancebernstein L.P. | 27,206 | $697.6K | 0.00% | −5,750−17.4% | Reduced |
| Rangeley Capital, LLC | 27,400 | $702.5K | 0.66% | +27,400 | New |
| Barclays PLC | 30,406 | $779.6K | 0.00% | −13,226−30.3% | Reduced |
| Wolverine Trading, LLC | 30,106 | $790.3K | 0.02% | +30,106 | New |
| Readystate Asset Management LP | 31,538 | $808.6K | 0.04% | +31,538 | New |
| New York State Teachers Retirement System | 31,860 | $817.0K | 0.00% | 00.0% | Unchanged |
| Deutsche Bank AG | 32,009 | $820.7K | 0.00% | +32,009 | New |
| Integrity Financial Corp | 33,267 | $853.0K | 0.41% | +33,267 | New |
| Dimensional Fund Advisors LP | 34,712 | $890.0K | 0.00% | +24,958+255.9% | Added |
| Brevan Howard Capital Management LP | 34,899 | $894.8K | 0.01% | +34,899 | New |
| Independent Financial Group, LLC | 35,535 | $911.1K | 0.02% | 00.0% | Unchanged |
| Lombard Odier Asset Management (USA) Corp | 35,640 | $913.8K | 0.21% | +23,141+185.1% | Added |
| Swiss National Bank | 38,300 | $982.0K | 0.00% | −2,300−5.7% | Reduced |
| UBS Asset Management Americas Inc | 39,026 | $1.00M | 0.00% | −23,212−37.3% | Reduced |
| Marshall Wace, LLP | 40,356 | $1.03M | 0.00% | −44,956−52.7% | Reduced |
| Hussman Strategic Advisors, Inc. | 42,000 | $1.08M | 0.23% | +42,000 | New |
| Clear Harbor Asset Management, LLC | 42,560 | $1.09M | 0.08% | +42,560 | New |
| LPL Financial LLC | 42,573 | $1.09M | 0.00% | +32,567+325.5% | Added |
| Verition Fund Management LLC | 42,970 | $1.10M | 0.01% | −6,875−13.8% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 43,719 | $1.12M | 0.00% | +43,719 | New |
| Ameriprise Financial Inc | 43,816 | $1.12M | 0.00% | −1,295−2.9% | Reduced |
| Prescott Group Capital Management, L.L.C. | 43,897 | $1.13M | 0.12% | 00.0% | Unchanged |
| Intech Investment Management LLC | 44,779 | $1.15M | 0.01% | +10,977+32.5% | Added |
| XTX Topco Ltd | 45,585 | $1.17M | 0.06% | +45,585 | New |
| Russell Investments Group, Ltd. | 47,428 | $1.22M | 0.00% | +13,158+38.4% | Added |
| Diametric Capital, LP | 53,618 | $1.37M | 0.51% | +8,948+20.0% | Added |
| Legal & General Group Plc | 58,168 | $1.49M | 0.00% | −217−0.4% | Reduced |
| Simplex Trading, LLC | 63,918 | $1.64M | 0.04% | +60,355+1,693.9% | Added |
| Rhumbline Advisers | 67,064 | $1.72M | 0.00% | −6,519−8.9% | Reduced |
| PSquared Asset Management AG | 69,300 | $1.78M | 1.41% | +69,300 | New |
| Citadel Advisors LLC | 73,483 | $1.88M | 0.00% | +53,674+271.0% | Added |
| Public Sector Pension Investment Board | 85,252 | $2.19M | 0.01% | +13,733+19.2% | Added |
| HRT Financial LP | 88,153 | $2.26M | 0.01% | +43,807+98.8% | Added |
| Group One Trading, L.P. | 88,335 | $2.26M | 0.07% | +29,999+51.4% | Added |
| Principal Financial Group Inc | 105,604 | $2.71M | 0.00% | +1,394+1.3% | Added |
| Citigroup Inc | 109,895 | $2.82M | 0.00% | −11,899−9.8% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 118,173 | $3.03M | 0.05% | 00.0% | Unchanged |
| AlpInvest Partners B.V. | 103,330 | $3.03M | 7.61% | 00.0% | Unchanged |
| Carlyle Group Inc. | 107,214 | $3.14M | 0.07% | 00.0% | Unchanged |
| Jump Financial, LLC | 126,300 | $3.24M | 0.04% | −58,153−31.5% | Reduced |
| Mill Road Capital Management LLC | 127,650 | $3.27M | 1.70% | +127,650 | New |
| TIG Advisors, LLC | 134,800 | $3.46M | 0.21% | +134,800 | New |
| Bank of New York Mellon Corp | 144,324 | $3.70M | 0.00% | −4,611−3.1% | Reduced |
| Union Square Park Capital Management, LLC | 150,000 | $3.85M | 2.65% | −25,000−14.3% | Reduced |
| Shay Capital LLC | 159,193 | $4.08M | 0.74% | +110,693+228.2% | Added |
| Adage Capital Partners GP, L.L.C. | 160,622 | $4.12M | 0.01% | +36,777+29.7% | Added |
| Oasis Management Co Ltd. | 173,432 | $4.45M | 0.77% | +173,432 | New |
| Royce & Associates LP | 175,189 | $4.49M | 0.04% | +110,175+169.5% | Added |
| Walleye Capital LLC | 189,161 | $4.85M | 0.04% | +189,161 | New |
| BNP Paribas Arbitrage, SA | 196,610 | $5.04M | 0.00% | −90,233−31.5% | Reduced |
| Hudson Bay Capital Management LP | 198,121 | $5.08M | 0.03% | −63,307−24.2% | Reduced |
| Goldman Sachs Group Inc | 204,213 | $5.24M | 0.00% | −8,401−4.0% | Reduced |
| Brigade Capital Management, LP | 220,850 | $5.66M | 3.12% | 00.0% | Unchanged |
| Invesco Ltd. | 222,720 | $5.71M | 0.00% | −36,319−14.0% | Reduced |
| Susquehanna International Group, LLP | 225,628 | $5.79M | 0.01% | +112,705+99.8% | Added |
| Northern Trust Corp | 228,350 | $5.85M | 0.00% | −4,012−1.7% | Reduced |
| Point72 Asset Management, L.P. | 234,066 | $6.00M | 0.01% | +170,065+265.7% | Added |
| Nuveen, LLC | 263,323 | $6.75M | 0.00% | +201,012+322.6% | Added |
| Rothschild Investment LLC | 270,065 | $6.92M | 0.39% | +269,985+337,481.3% | Added |
| Jane Street Group, LLC | 279,893 | $7.18M | 0.01% | +240,508+610.7% | Added |
| Allianz Asset Management GmbH | 323,505 | $8.29M | 0.01% | +323,505 | New |
| Royal Bank of Canada | 368,003 | $9.44M | 0.00% | +44,397+13.7% | Added |
| Melqart Asset Management (UK) Ltd | 382,394 | $9.80M | 1.31% | +382,394 | New |
| Morgan Stanley | 406,158 | $10.4M | 0.00% | −124,778−23.5% | Reduced |
| Jefferies Financial Group Inc. | 415,227 | $10.6M | 0.10% | +30,593+8.0% | Added |
| Millennium Management LLC | 427,290 | $11.0M | 0.01% | +166,559+63.9% | Added |
| JPMorgan Chase & Co | 501,717 | $12.9M | 0.00% | −285,166−36.2% | Reduced |
| Charles Schwab Investment Management Inc | 509,843 | $13.1M | 0.00% | −76,650−13.1% | Reduced |
| Bank of America Corp | 514,871 | $13.2M | 0.00% | −96,445−15.8% | Reduced |
| Geode Capital Management, LLC | 519,765 | $13.3M | 0.00% | −7,100−1.3% | Reduced |
| UBS Group AG | 541,168 | $13.9M | 0.00% | −361,713−40.1% | Reduced |
| FMR LLC | 730,721 | $18.7M | 0.00% | +98,630+15.6% | Added |
| CIBC World Markets Inc. | 756,038 | $19.4M | 0.04% | −85,840−10.2% | Reduced |
| State Street Corp | 929,930 | $23.8M | 0.00% | −7,150−0.8% | Reduced |
| Private Management Group Inc | 936,487 | $24.0M | 0.71% | −109,739−10.5% | Reduced |
| J. Goldman & Co LP | 955,639 | $24.5M | 0.93% | +29,141+3.1% | Added |
| Paralel Advisors LLC | 975,000 | $25.0M | 0.97% | 00.0% | Unchanged |
| Irenic Capital Management LP | 1,229,819 | $31.5M | 6.19% | +1000.0% | Added |
| Ancora Advisors, LLC | 1,475,055 | $37.8M | 0.76% | +116,012+8.5% | Added |
| Ridgemont Partners Management, LLC | 1,937,405 | $49.7M | 100.00% | +13,926+0.7% | Added |
| Vanguard Group Inc | 2,353,608 | $60.3M | 0.00% | +307,906+15.1% | Added |
| Littlejohn & Co LLC | 2,752,459 | $70.6M | 35.62% | −169,421−5.8% | Reduced |