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
- +2.06M (+7.5%) vs. Q4 2025
- Total value
- $492.3M
- −$193.2M (−28.2%) vs. Q4 2025
- New holders
- 29
- 73 more added
- Sold out
- 35
- 51 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 | $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, 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 |
|---|---|---|---|---|---|
| Huntington National Bank | 1 | $20 | 0.00% | 00.0% | Unchanged |
| Annis Gardner Whiting Capital Advisors, LLC | 2 | $34 | 0.00% | −18−90.0% | Reduced |
| IFP Advisors, Inc | 4 | $67 | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 4 | $67 | 0.00% | +4 | New |
| Gilpin Wealth Management, LLC | 4 | $67 | 0.00% | +4 | New |
| Essential Partners LLC | 5 | $84 | 0.00% | +5 | New |
| International Assets Investment Management, LLC | 5 | $86 | 0.00% | 00.0% | Unchanged |
| Ankerstar Wealth, LLC | 9 | $150 | 0.00% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 10 | $167 | 0.00% | +10 | New |
| Umb Bank N A | 14 | $234 | 0.00% | −194−93.3% | Reduced |
| True Wealth Design, LLC | 14 | $234 | 0.00% | 00.0% | Unchanged |
| Vermillion Wealth Management, Inc. | 14 | $236 | 0.00% | 00.0% | Unchanged |
| Farmers & Merchants Investments Inc | 15 | $251 | 0.00% | −3−16.7% | Reduced |
| SBI Securities Co., Ltd. | 15 | $251 | 0.00% | 00.0% | Unchanged |
| Cullen/Frost Bankers, Inc. | 16 | $267 | 0.00% | 00.0% | Unchanged |
| Prestige Wealth Management Group LLC | 17 | $285 | 0.00% | −2−10.5% | Reduced |
| GWM Advisors LLC | 18 | $301 | 0.00% | −2−10.0% | Reduced |
| Quarry LP | 23 | $384 | 0.00% | +23 | New |
| Cedar Mountain Advisors, LLC | 25 | $418 | 0.00% | 00.0% | Unchanged |
| Keating Financial Advisory Services, Inc. | 26 | $434 | 0.00% | +26 | New |
| Kilter Group LLC | 26 | $435 | 0.00% | 00.0% | Unchanged |
| Basecamp Wealth Advisors LLC | 30 | $501 | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 34 | $535 | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 69 | $1.00K | 0.00% | −45−39.5% | Reduced |
| Anchor Investment Management, LLC | 65 | $1.09K | 0.00% | −350−84.3% | Reduced |
| Wealth Preservation Advisors, LLC | 69 | $1.15K | 0.00% | +69 | New |
| Jones Financial Companies LLLP | 76 | $1.23K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 89 | $1.49K | 0.00% | −66−42.6% | Reduced |
| SRS Capital Advisors, Inc. | 91 | $1.52K | 0.00% | −11,579−99.2% | Reduced |
| Basepoint Wealth LLC | 100 | $1.67K | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 100 | $1.72K | 0.00% | 00.0% | Unchanged |
| Nvest Wealth Strategies, Inc. | 120 | $2.01K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 144 | $2.41K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 168 | $2.81K | 0.00% | −650−79.5% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 176 | $2.94K | 0.00% | −441−71.5% | Reduced |
| Parallel Advisors, LLC | 176 | $2.94K | 0.00% | +166+1,660.0% | Added |
| Rockefeller Capital Management L.P. | 182 | $3.04K | 0.00% | +12+7.1% | Added |
| Harbour Investments, Inc. | 200 | $3.34K | 0.00% | +200 | New |
| Owl Creek Wealth Partners LLC | 230 | $3.84K | 0.00% | +230 | New |
| North Star Investment Management Corp. | 260 | $4.34K | 0.00% | +20+8.3% | Added |
| MAI Capital Management | 313 | $5.23K | 0.00% | +115+58.1% | Added |
| Signaturefd, LLC | 357 | $5.96K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 362 | $6.05K | 0.00% | +190+110.5% | Added |
| Massmutual Trust Co FSB | 412 | $6.88K | 0.00% | +124+43.1% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 497 | $8.30K | 0.00% | +145+41.2% | Added |
| Nalls Sherbakoff Group, LLC | 500 | $8.36K | 0.01% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 504 | $8.42K | 0.00% | −322−39.0% | Reduced |
| The PNC Financial Services Group, Inc. | 521 | $8.71K | 0.00% | −70−11.8% | Reduced |
| Emerald Advisers, LLC | 585 | $9.78K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 580 | $9.99K | 0.00% | +56+10.7% | Added |
| Allworth Financial LP | 652 | $10.9K | 0.00% | +125+23.7% | Added |
| Salomon & Ludwin, LLC | 706 | $12.3K | 0.00% | +507+254.8% | Added |
| Versant Capital Management, Inc | 798 | $13.3K | 0.00% | −106−11.7% | Reduced |
| Public Employees Retirement System of Ohio | 1,100 | $18.4K | 0.00% | −22−2.0% | Reduced |
| Tower Research Capital LLC (TRC) | 1,222 | $20.4K | 0.00% | −572−31.9% | Reduced |
| Caption Management, LLC | 1,485 | $24.8K | 0.00% | −105,502−98.6% | Reduced |
| US Bancorp | 1,597 | $26.7K | 0.00% | −1,185−42.6% | Reduced |
| Ameritas Investment Partners, Inc. | 1,771 | $29.6K | 0.00% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 1,897 | $31.7K | 0.00% | +50+2.7% | Added |
| New York State Common Retirement Fund | 2,017 | $33.7K | 0.00% | −2,900−59.0% | Reduced |
| CWM, LLC | 2,165 | $36.2K | 0.00% | +1,131+109.4% | Added |
| GAMMA Investing LLC | 2,821 | $47.1K | 0.00% | −207−6.8% | Reduced |
| Flax Pond Capital, LLC | 3,000 | $50.1K | 0.04% | +3,000 | New |
| Rocky Mountain Advisers, LLC | 3,250 | $54.3K | 0.02% | −790−19.6% | Reduced |
| Public Employees Retirement Association of Colorado | 3,633 | $61.0K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 3,764 | $62.9K | 0.00% | +895+31.2% | Added |
| Advisor Group Holdings, Inc. | 4,816 | $80.5K | 0.00% | −220−4.4% | Reduced |
| State of Tennessee, Treasury Department | 5,090 | $85.1K | 0.00% | +880+20.9% | Added |
| Oregon Public Employees Retirement Fund | 5,118 | $85.5K | 0.00% | +3+0.1% | Added |
| Fifth Third Bancorp | 5,495 | $91.8K | 0.00% | +5,275+2,397.7% | Added |
| Vanguard Investments Australia, Ltd. | 5,618 | $93.9K | 0.00% | +5,618 | New |
| Teachers Retirement System of the State of Kentucky | 5,685 | $95.0K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 5,725 | $95.7K | 0.00% | 00.0% | Unchanged |
| Wolverine Asset Management LLC | 6,565 | $109.7K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 6,966 | $116.4K | 0.00% | 00.0% | Unchanged |
| Centiva Capital, LP | 7,894 | $131.9K | 0.01% | −12,106−60.5% | Reduced |
| BFSG, LLC | 8,495 | $142.0K | 0.01% | +1,940+29.6% | Added |
| KLP Kapitalforvaltning AS | 8,600 | $143.7K | 0.00% | 00.0% | Unchanged |
| Vanguard Global Advisers, LLC | 8,616 | $144.0K | 0.00% | +8,616 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 10,216 | $170.7K | 0.00% | +238+2.4% | Added |
| EntryPoint Capital, LLC | 10,379 | $173.4K | 0.05% | +10,379 | New |
| Caxton Associates LLP | 10,971 | $183.3K | 0.00% | −16,599−60.2% | Reduced |
| State of Alaska, Department of Revenue | 11,296 | $188.0K | 0.00% | 00.0% | Unchanged |
| MetLife Investment Management | 11,587 | $193.6K | 0.00% | 00.0% | Unchanged |
| Headlands Technologies LLC | 11,706 | $195.6K | 0.02% | −3,154−21.2% | Reduced |
| Janus Henderson Group PLC | 12,347 | $206.5K | 0.00% | 00.0% | Unchanged |
| Allstate Corp | 12,686 | $212.0K | 0.00% | +12,686 | New |
| Vanguard Asset Management, Ltd | 13,352 | $223.1K | 0.00% | +13,352 | New |
| Thrivent Financial for Lutherans | 14,808 | $247.0K | 0.00% | −437−2.9% | Reduced |
| Barclays PLC | 15,518 | $259.3K | 0.00% | −24,429−61.2% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 16,245 | $271.5K | 0.00% | +150+0.9% | Added |
| Wells Fargo & Company | 16,914 | $282.6K | 0.00% | −23,424−58.1% | Reduced |
| Simplex Trading, LLC | 17,599 | $294.1K | 0.01% | −119,931−87.2% | Reduced |
| Royal Bank of Canada | 18,391 | $307.0K | 0.00% | −520−2.7% | Reduced |
| Verition Fund Management LLC | 18,851 | $315.0K | 0.00% | −45,181−70.6% | Reduced |
| California State Teachers Retirement System | 19,068 | $318.6K | 0.00% | −160−0.8% | Reduced |
| CenterBook Partners LP | 19,664 | $328.6K | 0.02% | +4,811+32.4% | Added |
| Entropy Technologies, LP | 19,680 | $328.9K | 0.02% | +10,287+109.5% | Added |
| Russell Investments Group, Ltd. | 20,628 | $344.7K | 0.00% | +137+0.7% | Added |
| Quantinno Capital Management LP | 20,758 | $346.9K | 0.00% | +4,155+25.0% | Added |