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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, Q2 2026

Institutional positions in Forward Air Corp as of Jun 30, 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
187
−4 vs. Q1 2026
Shares held
30.5M
+1.03M (+3.5%) vs. Q1 2026
Total value
$412.0M
−$80.8M (−16.4%) vs. Q1 2026
New holders
47
67 more added
Sold out
51
46 more reduced

2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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.

Institutional holdersQ2 2026: 187 institutions
Q1 2021: 206 institutionsQ2 2021: 220 institutionsQ3 2021: 216 institutionsQ4 2021: 240 institutionsQ1 2022: 246 institutionsQ2 2022: 247 institutionsQ3 2022: 247 institutionsQ4 2022: 276 institutionsQ1 2023: 259 institutionsQ2 2023: 245 institutionsQ3 2023: 252 institutionsQ4 2023: 264 institutionsQ1 2024: 226 institutionsQ2 2024: 192 institutionsQ3 2024: 208 institutionsQ4 2024: 211 institutionsQ1 2025: 195 institutionsQ2 2025: 181 institutionsQ3 2025: 202 institutionsQ4 2025: 202 institutionsQ1 2026: 193 institutionsQ2 2026: 187 institutions
Value heldQ2 2026: $412.0M
Q1 2021: $2.38BQ2 2021: $2.39BQ3 2021: $2.20BQ4 2021: $3.20BQ1 2022: $2.57BQ2 2022: $2.46BQ3 2022: $2.41BQ4 2022: $2.72BQ1 2023: $2.82BQ2 2023: $2.68BQ3 2023: $1.76BQ4 2023: $1.68BQ1 2024: $980.7MQ2 2024: $637.0MQ3 2024: $1.18BQ4 2024: $1.07BQ1 2025: $671.9MQ2 2025: $812.5MQ3 2025: $886.8MQ4 2025: $744.6MQ1 2026: $493.0MQ2 2026: $412.0M
Institutions holding FWRD and their total value by quarter
QuarterHoldersValue
Q2 2026187$412.0M
Q1 2026193$493.0M
Q4 2025202$744.6M
Q3 2025202$886.8M
Q2 2025181$812.5M
Q1 2025195$671.9M
Q4 2024211$1.07B
Q3 2024208$1.18B
Q2 2024192$637.0M
Q1 2024226$980.7M
Q4 2023264$1.68B
Q3 2023252$1.76B
Q2 2023245$2.68B
Q1 2023259$2.82B
Q4 2022276$2.72B
Q3 2022247$2.41B
Q2 2022247$2.46B
Q1 2022246$2.57B
Q4 2021240$3.20B
Q3 2021216$2.20B
Q2 2021220$2.39B
Q1 2021206$2.38B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Forward Air Corp; share changes are against Q1 2026.

Institutions holding FWRD in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Independent Financial Group, LLC35,035$473.3K0.01%00.0%Unchanged
Price T Rowe Associates Inc36,877$499.0K0.00%+12,534+51.5%Added
UBS Asset Management Americas Inc38,427$519.1K0.00%−1,247−3.1%Reduced
LPL Financial LLC42,485$574.0K0.00%+170+0.4%Added
Verition Fund Management LLC43,488$587.5K0.00%+24,637+130.7%Added
Steward Partners Investment Advisory, LLC43,661$589.9K0.00%+43,517+30,220.1%Added
Swiss National Bank44,300$598.5K0.00%+4,900+12.4%Added
EntryPoint Capital, LLC45,080$609.0K0.15%+34,701+334.3%Added
Integrity Financial Corp46,008$621.6K0.30%+12,741+38.3%Added
Marble Bar Asset Management LLP46,719$631.2K0.44%+46,719New
ADAR1 Capital Management, LLC48,241$651.7K0.03%−30,000−38.3%Reduced
Walleye Capital LLC50,802$686.3K0.00%+50,802New
CWM Advisors, LLC51,092$690.3K0.03%+19,955+64.1%Added
Two Sigma Investments, LP53,537$723.3K0.00%+53,537New
Rangeley Capital, LLC55,000$743.0K0.69%−30,000−35.3%Reduced
Schonfeld Strategic Advisors LLC55,610$751.3K0.00%+30,281+119.6%Added
Freestone Grove Partners LP56,786$767.2K0.01%+56,786New
Shay Capital LLC60,000$810.6K0.09%−206,375−77.5%Reduced
ExodusPoint Capital Management, LP60,101$812.0K0.01%−131,621−68.7%Reduced
Susquehanna Fundamental Investments, LLC62,615$845.9K0.02%+62,615New
New Age Alpha Advisors, LLC63,100$852.5K0.04%+63,100New
Group One Trading, L.P.64,194$867.3K0.03%−51,315−44.4%Reduced
Quantinno Capital Management LP66,854$903.2K0.00%+46,096+222.1%Added
Hudson Bay Capital Management LP67,591$913.2K0.00%−199,166−74.7%Reduced
Voleon Capital Management LP69,108$933.6K0.02%−24,560−26.2%Reduced
Advisory Services Network, LLC72,798$983.5K0.01%+72,798New
Bank of New York Mellon Corp73,092$987.5K0.00%−57,371−44.0%Reduced
Bank of America Corp76,149$1.03M0.00%−234,958−75.5%Reduced
Engineers Gate Manager LP76,646$1.04M0.01%+31,241+68.8%Added
Jain Global LLC80,732$1.09M0.01%+80,732New
Aquatic Capital Management LLC84,225$1.14M0.04%+84,225New
Y-Intercept (Hong Kong) Ltd87,100$1.18M0.02%+87,100New
Quantbot Technologies LP95,873$1.30M0.05%+65,856+219.4%Added
Invesco Ltd.101,387$1.37M0.00%−211,365−67.6%Reduced
Trexquant Investment LP102,776$1.39M0.01%+102,776New
AlpInvest Partners B.V.103,330$1.40M2.33%00.0%Unchanged
Carlyle Group Inc.107,214$1.45M0.01%00.0%Unchanged
Jacobs Levy Equity Management, Inc122,703$1.66M0.01%+122,703New
Prescott Group Capital Management, L.L.C.123,897$1.67M0.14%+80,000+182.2%Added
Norges Bank145,300$1.96M0.00%+145,300New
PDT Partners, LLC146,107$1.97M0.10%−43,018−22.7%Reduced
Nuveen, LLC149,690$2.02M0.00%+69,530+86.7%Added
AQR Capital Management LLC149,756$2.02M0.00%+95,117+174.1%Added
Balyasny Asset Management LLC156,471$2.11M0.00%+156,471New
Vanguard Fiduciary Trust Co165,204$2.23M0.00%+14,066+9.3%Added
Allianz Asset Management GmbH176,225$2.38M0.00%+25,817+17.2%Added
Adage Capital Partners GP, L.L.C.177,069$2.39M0.00%−100,000−36.1%Reduced
Susquehanna International Group, LLP185,224$2.50M0.00%+44,234+31.4%Added
Vanguard Portfolio Management LLC185,756$2.51M0.00%−712,464−79.3%Reduced
Citadel Advisors LLC186,574$2.52M0.00%−228,768−55.1%Reduced
Monarch Alternative Capital LP189,000$2.55M0.36%+189,000New
Diametric Capital, LP189,478$2.56M0.27%+49,181+35.1%Added
Renaissance Technologies LLC190,739$2.58M0.00%−20,800−9.8%Reduced
LMR Partners LLP192,663$2.60M0.02%+192,663New
Squarepoint Ops LLC194,766$2.63M0.01%+21,908+12.7%Added
XTX Topco Ltd195,817$2.65M0.03%+154,317+371.8%Added
UBS Group AG210,146$2.84M0.00%−545,821−72.2%Reduced
Landscape Capital Management, L.L.C.221,124$2.99M0.19%+221,124New
Northern Trust Corp221,136$2.99M0.00%+1,347+0.6%Added
Marshall Wace, LLP248,387$3.36M0.00%+248,387New
Goldman Sachs Group Inc253,258$3.42M0.00%−4,834−1.9%Reduced
Mill Road Capital Management LLC292,250$3.95M1.95%+65,500+28.9%Added
JPMorgan Chase & Co274,517$3.96M0.00%+130,310+90.4%Added
Dimensional Fund Advisors LP300,403$4.06M0.00%−18,455−5.8%Reduced
Jump Financial, LLC312,046$4.22M0.04%+115,246+58.6%Added
Tudor Investment Corp Et Al343,130$4.64M0.02%+295,964+627.5%Added
Diameter Capital Partners LP350,000$4.73M0.50%+350,000New
Timucuan Asset Management Inc398,551$5.38M0.20%+398,551New
Millennium Management LLC422,193$5.70M0.00%+319,099+309.5%Added
Charles Schwab Investment Management Inc425,287$5.75M0.00%−72,402−14.5%Reduced
Morgan Stanley464,489$6.28M0.00%+46,960+11.2%Added
Jane Street Group, LLC492,458$6.65M0.00%−348−0.1%Reduced
Qube Research & Technologies Ltd565,049$7.63M0.01%+565,049New
State Street Corp579,828$7.83M0.00%−473,531−45.0%Reduced
Geode Capital Management, LLC581,416$7.86M0.00%+29,856+5.4%Added
BNP Paribas Arbitrage, SA596,864$8.06M0.00%+116,668+24.3%Added
Deutsche Bank AG613,841$8.29M0.00%+354,530+136.7%Added
Barclays PLC706,620$9.55M0.00%+691,102+4,453.6%Added
HRT Financial LP785,954$10.6M0.02%+378,769+93.0%Added
D. E. Shaw & Co., Inc.1,000,105$13.5M0.01%+1,000,105New
CIBC World Markets Inc.1,072,138$14.5M0.02%+337,866+46.0%Added
Private Management Group Inc1,145,760$15.5M0.41%−9,645−0.8%Reduced
Vanguard Capital Management LLC1,169,316$15.8M0.00%+142,619+13.9%Added
Bracebridge Capital, LLC1,404,913$19.0M4.11%+1,404,913New
FMR LLC2,008,264$27.1M0.00%+921,615+84.8%Added
BlackRock, Inc.2,774,600$37.5M0.00%−925,487−25.0%Reduced
Clearlake Capital Group, L.P.3,825,000$51.7M9.78%00.0%Unchanged
Irenic Capital Management LP0$00.00%−1,229,819−100.0%Sold out
Paralel Advisors LLC0$00.00%−975,000−100.0%Sold out
Melqart Asset Management (UK) Ltd0$00.00%−877,744−100.0%Sold out
Littlejohn & Co LLC0$00.00%−733,261−100.0%Sold out
Royce & Associates LP0$00.00%−347,998−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−154,300−100.0%Sold out
IMC-Chicago, LLC0$00.00%−111,562−100.0%Sold out
Principal Financial Group Inc0$00.00%−108,143−100.0%Sold out
Susquehanna Portfolio Strategies, LLC0$00.00%−95,601−100.0%Sold out
Public Sector Pension Investment Board0$00.00%−79,872−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−71,150−100.0%Sold out
Cambridge Investment Research Advisors, Inc.0$00.00%−50,157−100.0%Sold out
Swiss Life Asset Management Ltd0$00.00%−5,663−100.0%Sold out