FORWARD AIR CORP (FWRD)
Institutional ownership reported to the SEC as of Q2 2026, across 6 quarters.
187
Reporting holders
$442.8M
Reported value
90.1%
Of shares outstanding
7.0%
Held as options
+8
Holder change
Institutions report 30,453,208 shares against 33,780,862 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. A figure this high can overstate: where an adviser and a sub-adviser both report the same shares, both are counted.
Options share is the part of reported value carried in derivative lines rather than shares. A high figure means institutions are expressing a view on this security without owning much of it.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| CLEARLAKE CAPITAL GROUP, L.P. | $51.7M | 3,825,000 | 9.78% | 5q | HELD |
| BlackRock, Inc. | $37.5M | 2,774,600 | 0.00% | 5q | -25.0%-$12.5M |
| FMR LLC | $27.1M | 2,008,264 | 0.00% | 5q | +84.8%+$12.5M |
| Bracebridge Capital, LLC | $19.0M | 1,404,913 | 0.34% | new | NEW |
| VANGUARD CAPITAL MANAGEMENT LLC | $15.8M | 1,169,316 | 0.00% | 2q | +13.9%+$1.9M |
| PRIVATE MANAGEMENT GROUP INC | $15.5M | 1,145,760 | 0.41% | 5q | -0.8%-$130.3K |
| D. E. Shaw & Co., Inc. | $14.9M | 1,000,105 | 0.01% | 5q | HELD |
| CIBC WORLD MARKET INC. | $14.5M | 1,072,138 | 0.02% | 5q | +46.0%+$4.6M |
| JANE STREET GROUP, LLC | $11.1M | 492,458 | 0.00% | 5q | HELD |
| BARCLAYS PLC | $9.5M | 706,620 | 0.00% | 5q | +4453.6%+$9.3M |
| Diameter Capital Partners LP | $9.5M | 700,000 | 0.38% | new | NEW |
| GOLDMAN SACHS GROUP INC | $8.3M | 253,258 | 0.00% | 5q | -1.9%-$158.8K |
| DEUTSCHE BANK AG\ | $8.3M | 613,841 | 0.00% | 4q | +136.7%+$4.8M |
| BNP PARIBAS FINANCIAL MARKETS | $8.1M | 596,864 | 0.00% | 5q | +24.3%+$1.6M |
| GEODE CAPITAL MANAGEMENT, LLC | $7.9M | 581,416 | 0.00% | 5q | +5.4%+$403.4K |
| STATE STREET CORP | $7.8M | 579,828 | 0.00% | 5q | -45.0%-$6.4M |
| Qube Research & Technologies Ltd | $7.6M | 565,049 | 0.01% | new | NEW |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $6.3M | 185,224 | 0.00% | 5q | +31.4%+$1.5M |
| MORGAN STANLEY | $6.3M | 464,489 | 0.00% | 5q | +11.2%+$634.4K |
| CITADEL ADVISORS LLC | $6.0M | 186,574 | 0.00% | 5q | -55.1%-$7.3M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $5.7M | 425,287 | 0.00% | 5q | -14.5%-$978.2K |
| Sixth Street Partners Management Company, L.P. | $5.7M | 425,287 | 0.00% | new | NEW |
| MILLENNIUM MANAGEMENT LLC | $5.7M | 422,193 | 0.00% | 5q | +309.5%+$4.3M |
| TIMUCUAN ASSET MANAGEMENT INC/FL | $5.4M | 398,551 | 0.20% | new | NEW |
| GROUP ONE TRADING LLC | $4.8M | 64,194 | 0.01% | 5q | -44.4%-$3.8M |
| TUDOR INVESTMENT CORP ET AL | $4.6M | 343,130 | 0.01% | 5q | +627.5%+$4.0M |
| Jump Financial, LLC | $4.2M | 312,046 | 0.03% | 5q | +58.6%+$1.6M |
| DIMENSIONAL FUND ADVISORS LP | $4.1M | 300,403 | 0.00% | 5q | -5.8%-$249.4K |
| JPMORGAN CHASE & CO | $4.0M | 274,517 | 0.00% | 5q | +90.4%+$1.9M |
| Mill Road Capital Management LLC | $3.9M | 292,250 | 1.95% | 4q | +28.9%+$884.9K |
| Verition Fund Management LLC | $3.9M | 86,976 | 0.01% | 5q | +361.4%+$3.0M |
| MARSHALL WACE, LLP | $3.4M | 248,387 | 0.00% | new | NEW |
| NORTHERN TRUST CORP | $3.0M | 221,136 | 0.00% | 5q | +0.6%+$18.2K |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | $3.0M | 221,124 | 0.19% | new | NEW |
| UBS Group AG | $2.8M | 210,146 | 0.00% | 5q | -72.2%-$7.4M |
| XTX Topco Ltd | $2.6M | 195,817 | 0.03% | 4q | +371.8%+$2.1M |
| Squarepoint Ops LLC | $2.6M | 194,766 | 0.00% | 5q | +12.7%+$296.0K |
| LMR Partners LLP | $2.6M | 192,663 | 0.01% | new | NEW |
| RENAISSANCE TECHNOLOGIES LLC | $2.6M | 190,739 | 0.00% | 2q | -9.8%-$281.0K |
| Diametric Capital, LP | $2.6M | 189,478 | 0.27% | 5q | +35.1%+$664.4K |
| Monarch Alternative Capital LP | $2.6M | 189,000 | 0.36% | new | NEW |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2.5M | 185,756 | 0.00% | 2q | -79.3%-$9.6M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $2.4M | 177,069 | 0.00% | 5q | -36.1%-$1.4M |
| Allianz Asset Management GmbH | $2.4M | 176,225 | 0.00% | 4q | +17.2%+$348.8K |
| VANGUARD FIDUCIARY TRUST CO | $2.2M | 165,204 | 0.00% | 2q | +9.3%+$190.0K |
| Balyasny Asset Management L.P. | $2.1M | 156,471 | 0.00% | new | NEW |
| Point72 Asset Management, L.P. | $2.0M | options only | 0.00% | 2q | OPTIONS |
| AQR CAPITAL MANAGEMENT LLC | $2.0M | 149,756 | 0.00% | 2q | +174.1%+$1.3M |
| Nuveen, LLC | $2.0M | 149,690 | 0.00% | 5q | +86.7%+$939.4K |
| PDT Partners, LLC | $2.0M | 146,107 | 0.10% | 3q | -22.7%-$581.2K |
| NORGES BANK | $2.0M | 145,300 | 0.00% | new | NEW |
| SIMPLEX TRADING, LLC | $1.7M | 12,270 | 0.00% | 5q | -30.3%-$733.3K |
| Prescott Group Capital Management, L.L.C. | $1.7M | 123,897 | 0.14% | 5q | +182.2%+$1.1M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $1.7M | 122,703 | 0.01% | new | NEW |
| Caption Management, LLC | $1.5M | 29,571 | 0.01% | 3q | +1891.3%+$1.5M |
| Carlyle Group Inc. | $1.4M | 107,214 | 0.01% | 5q | HELD |
| AlpInvest Partners B.V. | $1.4M | 103,330 | 2.33% | 5q | HELD |
| Trexquant Investment LP | $1.4M | 102,776 | 0.01% | new | NEW |
| Invesco Ltd. | $1.4M | 101,387 | 0.00% | 5q | -67.6%-$2.9M |
| Quantbot Technologies LP | $1.3M | 95,873 | 0.05% | 5q | +219.4%+$889.7K |
| Y-Intercept (Hong Kong) Ltd | $1.2M | 87,100 | 0.02% | new | NEW |
| Aquatic Capital Management LLC | $1.1M | 84,225 | 0.04% | new | NEW |
| Jain Global LLC | $1.1M | 80,732 | 0.00% | new | NEW |
| Advisory Services Network, LLC | $1.0M | 72,798 | 0.01% | new | NEW |
| Walleye Trading LLC | $1.0M | options only | 0.00% | 5q | OPTIONS |
| Engineers Gate Manager LP | $1.0M | 76,646 | 0.01% | 2q | +68.8%+$422.1K |
| BANK OF AMERICA CORP /DE/ | $1.0M | 76,149 | 0.00% | 5q | -75.5%-$3.2M |
| Rangeley Capital, LLC | $1.0M | 55,000 | 0.93% | 4q | -35.3%-$553.4K |
| Bank of New York Mellon Corp | $987.5K | 73,092 | 0.00% | 5q | -44.0%-$775.1K |
| Voleon Capital Management LP | $933.6K | 69,108 | 0.02% | 2q | -26.2%-$331.8K |
| Hudson Bay Capital Management LP | $913.2K | 67,591 | 0.00% | 5q | -74.7%-$2.7M |
| Quantinno Capital Management LP | $903.2K | 66,854 | 0.00% | 5q | +222.1%+$622.8K |
| New Age Alpha Advisors, LLC | $852.5K | 63,100 | 0.04% | new | NEW |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $845.9K | 62,615 | 0.02% | new | NEW |
| ExodusPoint Capital Management, LP | $812.0K | 60,101 | 0.01% | 3q | -68.7%-$1.8M |
| Shay Capital LLC | $810.6K | 60,000 | 0.05% | 5q | -77.5%-$2.8M |
| Walleye Capital LLC | $797.1K | 50,802 | 0.00% | new | NEW |
| Freestone Grove Partners LP | $767.2K | 56,786 | 0.00% | new | NEW |
| Schonfeld Strategic Advisors LLC | $751.3K | 55,610 | 0.00% | 2q | +119.6%+$409.1K |
| TWO SIGMA INVESTMENTS, LP | $723.3K | 53,537 | 0.00% | new | NEW |
| Inspire Investing, LLC | $690.3K | 51,092 | 0.03% | 5q | +64.1%+$269.6K |
| ADAR1 Capital Management, LLC | $651.7K | 48,241 | 0.03% | 3q | -38.3%-$405.3K |
| Marble Bar Asset Management LLP | $631.2K | 46,719 | 0.44% | new | NEW |
| Integrity Financial Corp /WA | $621.6K | 46,008 | 0.30% | 4q | +38.3%+$172.1K |
| EntryPoint Capital, LLC | $609.0K | 45,080 | 0.15% | 2q | +334.3%+$468.8K |
| Swiss National Bank | $598.5K | 44,300 | 0.00% | 5q | +12.4%+$66.2K |
| Steward Partners Investment Advisory, LLC | $589.9K | 43,661 | 0.00% | 5q | +30220.1%+$587.9K |
| LPL Financial LLC | $574.0K | 42,485 | 0.00% | 5q | HELD |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $519.1K | 38,427 | 0.00% | 5q | -3.1%-$16.8K |
| INDEPENDENT FINANCIAL GROUP, LLC | $473.3K | 35,035 | 0.01% | 5q | HELD |
| ALLIANCEBERNSTEIN L.P. | $469.7K | 28,110 | 0.00% | 5q | +5.6%+$24.7K |
| Counterpoint Mutual Funds LLC | $453.3K | 33,550 | 0.04% | 4q | HELD |
| Entropy Technologies, LP | $406.9K | 30,116 | 0.02% | 3q | +53.0%+$141.0K |
| WINTON GROUP Ltd | $406.2K | 30,067 | 0.01% | new | NEW |
| RHUMBLINE ADVISERS | $402.4K | 29,786 | 0.00% | 5q | -55.6%-$504.2K |
| Brevan Howard Capital Management LP | $400.4K | 29,635 | 0.00% | 4q | +37.1%+$108.3K |
| HSBC HOLDINGS PLC | $380.7K | 28,473 | 0.00% | new | NEW |
| FIRST CITIZENS BANK & TRUST CO | $363.7K | 26,923 | 0.01% | 5q | +0.9%+$3.3K |
| CITIGROUP INC | $354.8K | 26,261 | 0.00% | 5q | -78.4%-$1.3M |
| Envestnet Portfolio Solutions, Inc. | $348.7K | 25,807 | 0.00% | 5q | +1.1%+$3.8K |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-08-13 | 13G | Barclays PLC | 7.8% |
| 2026-08-06 | 13G | FMR LLCwith 1 co-filers | 6.4% |
| 2026-07-28 | 13G | Bracebridge Capital, LLCwith 3 co-filers | 5.1% |
| 2026-07-08 | 13G/A | BlackRock, Inc. | 5.4% |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 187 | $442.8M | 30,453,208 | 48 | 62 | 47 | 7.0% |
| Q1 2026 | 179 | $517.4M | 28,848,094 | 19 | 68 | 46 | 6.7% |
| Q4 2025 | 187 | $815.4M | 29,446,168 | 25 | 66 | 57 | 9.7% |
| Q3 2025 | 191 | $940.5M | 34,391,997 | 37 | 62 | 51 | 6.2% |
| Q2 2025 | 171 | $828.0M | 32,987,184 | 173 | 0 | 0 | 2.2% |
| Q1 2025 | 1 | $10.0K | 500 | 1 | 0 | 0 | 0.0% |