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, Q1 2026
Institutional positions in Forward Air Corp as of Mar 31, 2026. 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
- 193
- −6 vs. Q4 2025
- Shares held
- 29.5M
- +2.04M (+7.4%) vs. Q4 2025
- Total value
- $493.0M
- −$192.8M (−28.1%) vs. Q4 2025
- New holders
- 29
- 72 more added
- Sold out
- 35
- 52 more reduced
3 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Clearlake Capital Group, L.P. | 3,825,000 | $63.9M | 9.39% | 00.0% | Unchanged |
| BlackRock, Inc. | 3,700,087 | $61.8M | 0.00% | +299,283+8.8% | Added |
| Irenic Capital Management LP | 1,229,819 | $20.6M | 1.86% | 00.0% | Unchanged |
| Private Management Group Inc | 1,155,405 | $19.3M | 0.56% | +226,598+24.4% | Added |
| FMR LLC | 1,086,649 | $18.2M | 0.00% | +124,781+13.0% | Added |
| State Street Corp | 1,053,359 | $17.6M | 0.00% | +103,575+10.9% | Added |
| Vanguard Capital Management LLC | 1,026,697 | $17.2M | 0.00% | +1,026,697 | New |
| Paralel Advisors LLC | 975,000 | $16.3M | 0.68% | 00.0% | Unchanged |
| Vanguard Portfolio Management LLC | 898,220 | $15.0M | 0.00% | +898,220 | New |
| Melqart Asset Management (UK) Ltd | 877,744 | $14.7M | 1.45% | +27,868+3.3% | Added |
| UBS Group AG | 755,967 | $12.6M | 0.00% | +264,132+53.7% | Added |
| CIBC World Markets Inc. | 734,272 | $12.3M | 0.02% | −50,459−6.4% | Reduced |
| Littlejohn & Co LLC | 733,261 | $12.3M | 11.61% | −1,693,098−69.8% | Reduced |
| Geode Capital Management, LLC | 551,560 | $9.22M | 0.00% | +19,946+3.8% | Added |
| Charles Schwab Investment Management Inc | 497,689 | $8.32M | 0.00% | +15,745+3.3% | Added |
| Jane Street Group, LLC | 492,806 | $8.23M | 0.01% | +73,540+17.5% | Added |
| BNP Paribas Arbitrage, SA | 480,196 | $8.02M | 0.01% | +75,490+18.7% | Added |
| Morgan Stanley | 417,529 | $6.98M | 0.00% | +73,458+21.3% | Added |
| Citadel Advisors LLC | 415,342 | $6.94M | 0.00% | +105,744+34.2% | Added |
| HRT Financial LP | 407,185 | $6.80M | 0.02% | +254,802+167.2% | Added |
| Royce & Associates LP | 347,998 | $5.82M | 0.06% | +66,445+23.6% | Added |
| Dimensional Fund Advisors LP | 318,858 | $5.33M | 0.00% | +166,084+108.7% | Added |
| Invesco Ltd. | 312,752 | $5.23M | 0.00% | +43,792+16.3% | Added |
| Bank of America Corp | 311,107 | $5.20M | 0.00% | −73,601−19.1% | Reduced |
| Adage Capital Partners GP, L.L.C. | 277,069 | $4.63M | 0.01% | +140,244+102.5% | Added |
| Hudson Bay Capital Management LP | 266,757 | $4.46M | 0.03% | +147,372+123.4% | Added |
| Shay Capital LLC | 266,375 | $4.45M | 0.63% | +72,075+37.1% | Added |
| Deutsche Bank AG | 259,311 | $4.33M | 0.00% | −22,489−8.0% | Reduced |
| Goldman Sachs Group Inc | 258,092 | $4.31M | 0.00% | +14,927+6.1% | Added |
| Mill Road Capital Management LLC | 226,750 | $3.79M | 1.99% | +59,100+35.3% | Added |
| Northern Trust Corp | 219,789 | $3.67M | 0.00% | −153−0.1% | Reduced |
| Renaissance Technologies LLC | 211,539 | $3.53M | 0.01% | +211,539 | New |
| Jump Financial, LLC | 196,800 | $3.29M | 0.05% | +87,389+79.9% | Added |
| ExodusPoint Capital Management, LP | 191,722 | $3.20M | 0.03% | +124,955+187.2% | Added |
| PDT Partners, LLC | 189,125 | $3.16M | 0.19% | +144,298+321.9% | Added |
| Squarepoint Ops LLC | 172,858 | $2.89M | 0.01% | +10,244+6.3% | Added |
| Jefferies Financial Group Inc. | 154,300 | $2.58M | 0.03% | +95,000+160.2% | Added |
| Vanguard Fiduciary Trust Co | 151,138 | $2.53M | 0.00% | +151,138 | New |
| Allianz Asset Management GmbH | 150,408 | $2.51M | 0.00% | −96,329−39.0% | Reduced |
| Susquehanna International Group, LLP | 140,990 | $2.36M | 0.00% | −131,133−48.2% | Reduced |
| Diametric Capital, LP | 140,297 | $2.34M | 0.61% | +22,961+19.6% | Added |
| JPMorgan Chase & Co | 144,207 | $2.27M | 0.00% | +97,307+207.5% | Added |
| Bank of New York Mellon Corp | 130,463 | $2.18M | 0.00% | −9,991−7.1% | Reduced |
| Citigroup Inc | 121,450 | $2.03M | 0.00% | +954+0.8% | Added |
| Group One Trading, L.P. | 115,509 | $1.93M | 0.06% | −21,236−15.5% | Reduced |
| IMC-Chicago, LLC | 111,562 | $1.86M | 0.03% | +111,562 | New |
| Principal Financial Group Inc | 108,143 | $1.81M | 0.00% | +2,302+2.2% | Added |
| Carlyle Group Inc. | 107,214 | $1.79M | 0.02% | 00.0% | Unchanged |
| AlpInvest Partners B.V. | 103,330 | $1.73M | 3.47% | 00.0% | Unchanged |
| Millennium Management LLC | 103,094 | $1.72M | 0.00% | +34,121+49.5% | Added |
| Susquehanna Portfolio Strategies, LLC | 95,601 | $1.60M | 0.02% | −22,572−19.1% | Reduced |
| Voleon Capital Management LP | 93,668 | $1.57M | 0.03% | +93,668 | New |
| Rangeley Capital, LLC | 85,000 | $1.42M | 1.53% | +9,000+11.8% | Added |
| Nuveen, LLC | 80,160 | $1.34M | 0.00% | −174,249−68.5% | Reduced |
| Public Sector Pension Investment Board | 79,872 | $1.33M | 0.00% | +3,116+4.1% | Added |
| ADAR1 Capital Management, LLC | 78,241 | $1.31M | 0.08% | +51,606+193.8% | Added |
| Gsa Capital Partners LLP | 71,150 | $1.19M | 0.07% | +71,150 | New |
| Rothschild Investment LLC | 70,019 | $1.17M | 0.06% | −36−0.1% | Reduced |
| Rhumbline Advisers | 67,106 | $1.12M | 0.00% | +1,613+2.5% | Added |
| AQR Capital Management LLC | 54,639 | $913.0K | 0.00% | +54,639 | New |
| Legal & General Group Plc | 50,829 | $849.4K | 0.00% | −6,728−11.7% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 50,157 | $838.0K | 0.00% | +40,872+440.2% | Added |
| Covestor Ltd | 47,967 | $801.0K | 0.55% | +9,137+23.5% | Added |
| Tudor Investment Corp Et Al | 47,166 | $788.1K | 0.00% | −51,722−52.3% | Reduced |
| Swiss Life Asset Management Ltd | 5,663 | $788.0K | 0.00% | +5,663 | New |
| Point72 Asset Management, L.P. | 46,555 | $777.9K | 0.00% | +46,555 | New |
| Engineers Gate Manager LP | 45,405 | $758.7K | 0.01% | +45,405 | New |
| Prescott Group Capital Management, L.L.C. | 43,897 | $733.5K | 0.07% | 00.0% | Unchanged |
| LPL Financial LLC | 42,315 | $707.1K | 0.00% | −913−2.1% | Reduced |
| XTX Topco Ltd | 41,500 | $693.5K | 0.01% | +24,572+145.2% | Added |
| American Century Companies Inc | 40,390 | $674.9K | 0.00% | +4,379+12.2% | Added |
| Alliancebernstein L.P. | 26,629 | $665.7K | 0.00% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 39,674 | $663.0K | 0.00% | −1,804−4.3% | Reduced |
| Swiss National Bank | 39,400 | $658.4K | 0.00% | 00.0% | Unchanged |
| Axq Capital, LP | 38,397 | $641.6K | 0.08% | +38,397 | New |
| Ameriprise Financial Inc | 36,633 | $612.1K | 0.00% | −6,265−14.6% | Reduced |
| Prelude Capital Management, LLC | 35,515 | $593.5K | 0.05% | +6,320+21.6% | Added |
| Independent Financial Group, LLC | 35,035 | $585.4K | 0.01% | 00.0% | Unchanged |
| Creative Planning | 33,895 | $566.4K | 0.00% | +12,033+55.0% | Added |
| Counterpoint Mutual Funds LLC | 33,550 | $560.6K | 0.08% | +13,352+66.1% | Added |
| Integrity Financial Corp | 33,267 | $555.9K | 0.28% | 00.0% | Unchanged |
| CWM Advisors, LLC | 31,137 | $520.3K | 0.03% | +12,501+67.1% | Added |
| Quantbot Technologies LP | 30,017 | $501.6K | 0.02% | +4,365+17.0% | Added |
| First Citizens Bank & Trust Co | 26,682 | $445.9K | 0.01% | +281+1.1% | Added |
| Walleye Trading LLC | 26,170 | $437.3K | 0.01% | +4,410+20.3% | Added |
| Cornerstone Wealth, LLC | 19,092 | $427.9K | 0.24% | +19,092 | New |
| Envestnet Portfolio Solutions, Inc. | 25,523 | $426.5K | 0.00% | −187−0.7% | Reduced |
| Schonfeld Strategic Advisors LLC | 25,329 | $423.2K | 0.00% | +25,329 | New |
| Price T Rowe Associates Inc | 24,343 | $407.0K | 0.00% | +5,548+29.5% | Added |
| Toroso Investments, LLC | 21,793 | $364.2K | 0.00% | +185+0.9% | Added |
| Prudential Financial Inc | 21,699 | $362.6K | 0.00% | +2,050+10.4% | Added |
| Brevan Howard Capital Management LP | 21,616 | $361.2K | 0.00% | +1,037+5.0% | Added |
| New York State Teachers Retirement System | 20,741 | $347.0K | 0.00% | −11,119−34.9% | Reduced |
| Quantinno Capital Management LP | 20,758 | $346.9K | 0.00% | +4,155+25.0% | Added |
| Russell Investments Group, Ltd. | 20,628 | $344.7K | 0.00% | +137+0.7% | Added |
| Entropy Technologies, LP | 19,680 | $328.9K | 0.02% | +10,287+109.5% | Added |
| CenterBook Partners LP | 19,664 | $328.6K | 0.02% | +4,811+32.4% | Added |
| California State Teachers Retirement System | 19,068 | $318.6K | 0.00% | −160−0.8% | Reduced |
| Verition Fund Management LLC | 18,851 | $315.0K | 0.00% | −45,181−70.6% | Reduced |
| Royal Bank of Canada | 18,391 | $307.0K | 0.00% | −520−2.7% | Reduced |