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, Q4 2025
Institutional positions in Forward Air Corp as of Dec 31, 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
- +5 vs. Q3 2025
- Shares held
- 29.7M
- −2.30M (−7.2%) vs. Q3 2025
- Total value
- $744.2M
- −$78.3M (−9.5%) vs. Q3 2025
- New holders
- 33
- 73 more added
- Sold out
- 28
- 65 more reduced
5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| IFP Advisors, Inc | 4 | $100 | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 1 | $20 | 0.00% | −13−92.9% | Reduced |
| Ancora Advisors, LLC | 0 | $0 | 0.00% | −1,475,055−100.0% | Sold out |
| J. Goldman & Co LP | 0 | $0 | 0.00% | −955,639−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −234,066−100.0% | Sold out |
| Oasis Management Co Ltd. | 0 | $0 | 0.00% | −173,432−100.0% | Sold out |
| Union Square Park Capital Management, LLC | 0 | $0 | 0.00% | −150,000−100.0% | Sold out |
| TIG Advisors, LLC | 0 | $0 | 0.00% | −134,800−100.0% | Sold out |
| Hussman Strategic Advisors, Inc. | 0 | $0 | 0.00% | −42,000−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −40,356−100.0% | Sold out |
| Readystate Asset Management LP | 0 | $0 | 0.00% | −31,538−100.0% | Sold out |
| Sugar Maple Asset Management, LLC | 0 | $0 | 0.00% | −25,900−100.0% | Sold out |
| Gallo Partners, LP | 0 | $0 | 0.00% | −25,835−100.0% | Sold out |
| Penn Capital Management Co Inc | 0 | $0 | 0.00% | −17,374−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −15,985−100.0% | Sold out |
| Two Sigma Securities, LLC | 0 | $0 | 0.00% | −11,938−100.0% | Sold out |
| ISAM Funds (UK) Ltd | 0 | $0 | 0.00% | −11,237−100.0% | Sold out |
| NJ State Employees Deferred Compensation Plan | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| State of Wisconsin Investment Board | 0 | $0 | 0.00% | −9,932−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −8,895−100.0% | Sold out |
| Neuberger Berman Group LLC | 0 | $0 | 0.00% | −8,749−100.0% | Sold out |
| Sherbrooke Park Advisers LLC | 0 | $0 | 0.00% | −8,157−100.0% | Sold out |
| ProShare Advisors LLC | 0 | $0 | 0.00% | −8,008−100.0% | Sold out |
| Logan Capital Management Inc | 0 | $0 | 0.00% | −7,575−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −3,862−100.0% | Sold out |
| Federation des caisses Desjardins du Quebec | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| McIlrath & Eck, LLC | 0 | $0 | 0.00% | −70−100.0% | Sold out |
| Atlantic Trust, LLC | 0 | $0 | 0.00% | −14−100.0% | Sold out |
| Salem Investment Counselors Inc | 0 | $0 | 0.00% | −10−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Ridgemont Partners Management, LLC | – | – | – | – | Not filed |
| Wolverine Trading, LLC | – | – | – | – | Not filed |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Point72 Asia (Singapore) Pte. Ltd. | – | – | – | – | Not filed |
| Point72 (DIFC) Ltd | – | – | – | – | Not filed |