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 |
|---|---|---|---|---|---|
| New York State Teachers Retirement System | 20,741 | $347.0K | 0.00% | −11,119−34.9% | Reduced |
| Brevan Howard Capital Management LP | 21,616 | $361.2K | 0.00% | +1,037+5.0% | Added |
| Prudential Financial Inc | 21,699 | $362.6K | 0.00% | +2,050+10.4% | Added |
| Toroso Investments, LLC | 21,793 | $364.2K | 0.00% | +185+0.9% | Added |
| Price T Rowe Associates Inc | 24,343 | $407.0K | 0.00% | +5,548+29.5% | Added |
| Schonfeld Strategic Advisors LLC | 25,329 | $423.2K | 0.00% | +25,329 | New |
| Envestnet Portfolio Solutions, Inc. | 25,523 | $426.5K | 0.00% | −187−0.7% | Reduced |
| Cornerstone Wealth, LLC | 19,092 | $427.9K | 0.24% | +19,092 | New |
| Walleye Trading LLC | 26,170 | $437.3K | 0.01% | +4,410+20.3% | Added |
| First Citizens Bank & Trust Co | 26,682 | $445.9K | 0.01% | +281+1.1% | Added |
| Quantbot Technologies LP | 30,017 | $501.6K | 0.02% | +4,365+17.0% | Added |
| CWM Advisors, LLC | 31,137 | $520.3K | 0.03% | +12,501+67.1% | Added |
| Integrity Financial Corp | 33,267 | $555.9K | 0.28% | 00.0% | Unchanged |
| Counterpoint Mutual Funds LLC | 33,550 | $560.6K | 0.08% | +13,352+66.1% | Added |
| Creative Planning | 33,895 | $566.4K | 0.00% | +12,033+55.0% | Added |
| Independent Financial Group, LLC | 35,035 | $585.4K | 0.01% | 00.0% | Unchanged |
| Prelude Capital Management, LLC | 35,515 | $593.5K | 0.05% | +6,320+21.6% | Added |
| Ameriprise Financial Inc | 36,633 | $612.1K | 0.00% | −6,265−14.6% | Reduced |
| Axq Capital, LP | 38,397 | $641.6K | 0.08% | +38,397 | New |
| Swiss National Bank | 39,400 | $658.4K | 0.00% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 39,674 | $663.0K | 0.00% | −1,804−4.3% | Reduced |
| Alliancebernstein L.P. | 26,629 | $665.7K | 0.00% | 00.0% | Unchanged |
| American Century Companies Inc | 40,390 | $674.9K | 0.00% | +4,379+12.2% | Added |
| XTX Topco Ltd | 41,500 | $693.5K | 0.01% | +24,572+145.2% | Added |
| LPL Financial LLC | 42,315 | $707.1K | 0.00% | −913−2.1% | Reduced |
| Prescott Group Capital Management, L.L.C. | 43,897 | $733.5K | 0.07% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 45,405 | $758.7K | 0.01% | +45,405 | New |
| Point72 Asset Management, L.P. | 46,555 | $777.9K | 0.00% | +46,555 | New |
| Tudor Investment Corp Et Al | 47,166 | $788.1K | 0.00% | −51,722−52.3% | Reduced |
| Covestor Ltd | 47,967 | $801.0K | 0.55% | +9,137+23.5% | Added |
| Cambridge Investment Research Advisors, Inc. | 50,157 | $838.0K | 0.00% | +40,872+440.2% | Added |
| Legal & General Group Plc | 50,829 | $849.4K | 0.00% | −6,728−11.7% | Reduced |
| AQR Capital Management LLC | 54,639 | $913.0K | 0.00% | +54,639 | New |
| Rhumbline Advisers | 67,106 | $1.12M | 0.00% | +1,613+2.5% | Added |
| Rothschild Investment LLC | 70,019 | $1.17M | 0.06% | −36−0.1% | Reduced |
| Gsa Capital Partners LLP | 71,150 | $1.19M | 0.07% | +71,150 | New |
| ADAR1 Capital Management, LLC | 78,241 | $1.31M | 0.08% | +51,606+193.8% | Added |
| Public Sector Pension Investment Board | 79,872 | $1.33M | 0.00% | +3,116+4.1% | Added |
| Nuveen, LLC | 80,160 | $1.34M | 0.00% | −174,249−68.5% | Reduced |
| Rangeley Capital, LLC | 85,000 | $1.42M | 1.54% | +9,000+11.8% | Added |
| Voleon Capital Management LP | 93,668 | $1.57M | 0.03% | +93,668 | New |
| Susquehanna Portfolio Strategies, LLC | 95,601 | $1.60M | 0.02% | −22,572−19.1% | Reduced |
| Millennium Management LLC | 103,094 | $1.72M | 0.00% | +34,121+49.5% | Added |
| AlpInvest Partners B.V. | 103,330 | $1.73M | 3.47% | 00.0% | Unchanged |
| Carlyle Group Inc. | 107,214 | $1.79M | 0.02% | 00.0% | Unchanged |
| Principal Financial Group Inc | 108,143 | $1.81M | 0.00% | +2,302+2.2% | Added |
| IMC-Chicago, LLC | 111,562 | $1.86M | 0.03% | +111,562 | New |
| Group One Trading, L.P. | 115,509 | $1.93M | 0.06% | −21,236−15.5% | Reduced |
| Citigroup Inc | 121,450 | $2.03M | 0.00% | +954+0.8% | Added |
| Bank of New York Mellon Corp | 130,463 | $2.18M | 0.00% | −9,991−7.1% | Reduced |
| JPMorgan Chase & Co | 144,207 | $2.27M | 0.00% | +97,307+207.5% | Added |
| Diametric Capital, LP | 140,297 | $2.34M | 0.61% | +22,961+19.6% | Added |
| Susquehanna International Group, LLP | 140,990 | $2.36M | 0.00% | −131,133−48.2% | Reduced |
| Allianz Asset Management GmbH | 150,408 | $2.51M | 0.00% | −96,329−39.0% | Reduced |
| Vanguard Fiduciary Trust Co | 151,138 | $2.53M | 0.00% | +151,138 | New |
| Jefferies Financial Group Inc. | 154,300 | $2.58M | 0.03% | +95,000+160.2% | Added |
| Squarepoint Ops LLC | 172,858 | $2.89M | 0.01% | +10,244+6.3% | Added |
| PDT Partners, LLC | 189,125 | $3.16M | 0.19% | +144,298+321.9% | Added |
| ExodusPoint Capital Management, LP | 191,722 | $3.20M | 0.03% | +124,955+187.2% | Added |
| Jump Financial, LLC | 196,800 | $3.29M | 0.05% | +87,389+79.9% | Added |
| Renaissance Technologies LLC | 211,539 | $3.53M | 0.01% | +211,539 | New |
| Northern Trust Corp | 219,789 | $3.67M | 0.00% | −153−0.1% | Reduced |
| Mill Road Capital Management LLC | 226,750 | $3.79M | 1.99% | +59,100+35.3% | Added |
| Goldman Sachs Group Inc | 258,092 | $4.31M | 0.00% | +14,927+6.1% | Added |
| Deutsche Bank AG | 259,311 | $4.33M | 0.00% | −22,489−8.0% | Reduced |
| Shay Capital LLC | 266,375 | $4.45M | 0.63% | +72,075+37.1% | Added |
| Hudson Bay Capital Management LP | 266,757 | $4.46M | 0.03% | +147,372+123.4% | Added |
| Adage Capital Partners GP, L.L.C. | 277,069 | $4.63M | 0.01% | +140,244+102.5% | Added |
| Bank of America Corp | 311,107 | $5.20M | 0.00% | −73,601−19.1% | Reduced |
| Invesco Ltd. | 312,752 | $5.23M | 0.00% | +43,792+16.3% | Added |
| Dimensional Fund Advisors LP | 318,858 | $5.33M | 0.00% | +166,084+108.7% | Added |
| Royce & Associates LP | 347,998 | $5.82M | 0.06% | +66,445+23.6% | Added |
| HRT Financial LP | 407,185 | $6.80M | 0.02% | +254,802+167.2% | Added |
| Citadel Advisors LLC | 415,342 | $6.94M | 0.00% | +105,744+34.2% | Added |
| Morgan Stanley | 417,529 | $6.98M | 0.00% | +73,458+21.3% | Added |
| BNP Paribas Arbitrage, SA | 480,196 | $8.02M | 0.01% | +75,490+18.7% | Added |
| Jane Street Group, LLC | 492,806 | $8.23M | 0.01% | +73,540+17.5% | Added |
| Charles Schwab Investment Management Inc | 497,689 | $8.32M | 0.00% | +15,745+3.3% | Added |
| Geode Capital Management, LLC | 551,560 | $9.22M | 0.00% | +19,946+3.8% | Added |
| Littlejohn & Co LLC | 733,261 | $12.3M | 11.61% | −1,693,098−69.8% | Reduced |
| CIBC World Markets Inc. | 734,272 | $12.3M | 0.02% | −50,459−6.4% | Reduced |
| UBS Group AG | 755,967 | $12.6M | 0.00% | +264,132+53.7% | Added |
| Melqart Asset Management (UK) Ltd | 877,744 | $14.7M | 1.45% | +27,868+3.3% | Added |
| Vanguard Portfolio Management LLC | 898,220 | $15.0M | 0.00% | +898,220 | New |
| Paralel Advisors LLC | 975,000 | $16.3M | 0.68% | 00.0% | Unchanged |
| Vanguard Capital Management LLC | 1,026,697 | $17.2M | 0.00% | +1,026,697 | New |
| State Street Corp | 1,053,359 | $17.6M | 0.00% | +103,575+10.9% | Added |
| FMR LLC | 1,086,649 | $18.2M | 0.00% | +124,781+13.0% | Added |
| Private Management Group Inc | 1,155,405 | $19.3M | 0.56% | +226,598+24.4% | Added |
| Irenic Capital Management LP | 1,229,819 | $20.6M | 1.86% | 00.0% | Unchanged |
| BlackRock, Inc. | 3,700,087 | $61.8M | 0.00% | +299,283+8.8% | Added |
| Clearlake Capital Group, L.P. | 3,825,000 | $63.9M | 9.39% | 00.0% | Unchanged |
| Swiss Life Asset Management Ltd | 5,663 | – | – | +5,663 | New |
| Walleye Capital LLC | 0 | $0 | 0.00% | −287,094−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −182,985−100.0% | Sold out |
| PSquared Asset Management AG | 0 | $0 | 0.00% | −175,760−100.0% | Sold out |
| SummitTX Capital, L.P. | 0 | $0 | 0.00% | −161,190−100.0% | Sold out |
| Brigade Capital Management, LP | 0 | $0 | 0.00% | −77,357−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −48,812−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −48,434−100.0% | Sold out |