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