Forward AirFWRD
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 202 institutions reported holding Forward Air Corp. (FWRD) in their 13F filings, up 23 from Q2 2025. 39 opened new positions and 16 sold out. The largest holders were Clearlake Capital Group, L.P. ($98.1M), BlackRock, Inc. ($82.6M) and Littlejohn & Co. LLC ($70.6M). 3 famous investors held it, including Steve Cohen (0.0% of Point72 Asset Management's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Forward Air Corp.
- CUSIP
- 34986A104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 39 | $50.3M |
| Exits | 16 | $21.1M |
All 13F filers, Q2 2025 → Q3 2025: 4,428,139 shares bought and 3,112,940 shares sold, net +1,315,199 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 202 holders
| Clearlake Capital Group, L.P. | 9.16% | No change | 3,825,000 | $98.1M |
| BlackRock, Inc. | 0.00% | Reduce -3.7% | 3,221,634 | $82.6M |
| Littlejohn & Co. LLC | 35.62% | Reduce -5.8% | 2,752,459 | $70.6M |
| Vanguard Group Inc. | 0.00% | Add +15.1% | 2,353,608 | $60.3M |
| Ridgemont Partners Management, LLC | 100.00% | Add +0.7% | 1,937,405 | $49.7M |
| Ancora Advisors LLC | 0.76% | Add +8.5% | 1,475,055 | $37.8M |
| Irenic Capital Management LP | 6.68% | Add +0.0% | 1,229,819 | $31.5M |
| Paralel Advisors LLC | 0.97% | No change | 975,000 | $25.0M |
| J. Goldman & Co LP | 0.93% | Add +3.1% | 955,639 | $24.5M |
| Private Management Group Inc. | 0.71% | Reduce -10.5% | 936,487 | $24.0M |
| State Street Corp. | 0.00% | Reduce -0.8% | 929,930 | $23.8M |
| Cibc World Market Inc. | 0.04% | Reduce -10.2% | 756,038 | $19.4M |
| FMR LLC | 0.00% | Add +15.6% | 730,721 | $18.7M |
| UBS Group AG | 0.00% | Reduce -40.1% | 541,168 | $13.9M |
| Geode Capital Management, LLC | 0.00% | Reduce -1.4% | 519,765 | $13.3M |
| Bank of America Corp. | 0.00% | Reduce -15.8% | 514,871 | $13.2M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -13.1% | 509,843 | $13.1M |
| JPMorgan Chase & Co. | 0.00% | Reduce -36.2% | 501,717 | $12.9M |
| Millennium Management | 0.01% | Add +63.9% | 427,290 | $11.0M |
| Jefferies Financial Group Inc. | 0.10% | Add +8.0% | 415,227 | $10.6M |
| Morgan Stanley | 0.00% | Reduce -23.5% | 406,158 | $10.4M |
| Melqart Asset Management (UK) Ltd | 1.31% | New | 382,394 | $9.8M |
| Royal Bank of Canada | 0.00% | Add +13.7% | 368,003 | $9.4M |
| Allianz Asset Management GmbH | 0.01% | New | 323,505 | $8.3M |
| Jane Street Group, LLC | 0.01% | Add +610.7% | 279,893 | $7.2M |
| Rothschild Investment LLC | 0.39% | Add +337481.3% | 270,065 | $6.9M |
| Nuveen, LLC | 0.00% | Add +322.6% | 263,323 | $6.8M |
| Point72 Asset Management | 0.01% | Add +265.7% | 234,066 | $6.0M |
| Northern Trust Corp. | 0.00% | Reduce -1.7% | 228,350 | $5.9M |
| Susquehanna International Group, LLP | 0.01% | Add +99.8% | 225,628 | $5.8M |
| Invesco Ltd. | 0.00% | Reduce -14.0% | 222,720 | $5.7M |
| Brigade Capital Management, LP | 5.28% | No change | 220,850 | $5.7M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -4.0% | 204,213 | $5.2M |
| Hudson Bay Capital Management LP | 0.04% | Reduce -24.2% | 198,121 | $5.1M |
| BNP Paribas Financial Markets | 0.00% | Reduce -31.5% | 196,610 | $5.0M |
| Walleye Capital LLC | 0.04% | New | 189,161 | $4.9M |
| Royce & Associates LP | 0.04% | Add +169.5% | 175,189 | $4.5M |
| Oasis Management Co Ltd. | 0.98% | New | 173,432 | $4.4M |
| Adage Capital Partners Gp, L.L.C. | 0.01% | Add +29.7% | 160,622 | $4.1M |
| Shay Capital LLC | 0.74% | Add +228.2% | 159,193 | $4.1M |
| Union Square Park Capital Management, LLC | 2.71% | Reduce -14.3% | 150,000 | $3.8M |
| Bank of New York Mellon Corp | 0.00% | Reduce -3.1% | 144,324 | $3.7M |
| TIG Advisors, LLC | 0.21% | New | 134,800 | $3.5M |
| Mill Road Capital Management LLC | 1.71% | New | 127,650 | $3.3M |
| Jump Financial, LLC | 0.04% | Reduce -31.5% | 126,300 | $3.2M |
| Carlyle Group Inc. | 0.07% | No change | 107,214 | $3.1M |
| AlpInvest Partners B.V. | 7.61% | No change | 103,330 | $3.0M |
| Susquehanna Portfolio Strategies, LLC | 0.05% | No change | 118,173 | $3.0M |
| Citigroup Inc. | 0.00% | Reduce -9.8% | 109,895 | $2.8M |
| Principal Financial Group Inc. | 0.00% | Add +1.3% | 105,604 | $2.7M |
| Group One Trading LLC | 0.07% | Add +51.4% | 88,335 | $2.3M |
| HRT Financial LP | 0.01% | Add +98.8% | 88,153 | $2.3M |
| Public Sector Pension Investment Board | 0.01% | Add +19.2% | 85,252 | $2.2M |
| Citadel Advisors | 0.00% | Add +271.0% | 73,483 | $1.9M |
| PSquared Asset Management AG | 1.41% | New | 69,300 | $1.8M |
| Rhumbline Advisers | 0.00% | Reduce -8.9% | 67,064 | $1.7M |
| Simplex Trading, LLC | 0.04% | Add +1693.9% | 63,918 | $1.6M |
| Legal & General Group Plc | 0.00% | Reduce -0.4% | 58,168 | $1.5M |
| Diametric Capital, LP | 0.51% | Add +20.0% | 53,618 | $1.4M |
| Russell Investments Group, Ltd. | 0.00% | Add +38.4% | 47,428 | $1.2M |
| XTX Topco Ltd | 0.06% | New | 45,585 | $1.2M |
| Intech Investment Management LLC | 0.01% | Add +32.5% | 44,779 | $1.1M |
| Prescott Group Capital Management, L.L.C. | 0.12% | No change | 43,897 | $1.1M |
| Ameriprise Financial Inc. | 0.00% | Reduce -2.9% | 43,816 | $1.1M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.00% | New | 43,719 | $1.1M |
| Verition Fund Management LLC | 0.01% | Reduce -13.8% | 42,970 | $1.1M |
| LPL Financial LLC | 0.00% | Add +325.5% | 42,573 | $1.1M |
| Clear Harbor Asset Management, LLC | 0.08% | New | 42,560 | $1.1M |
| Hussman Strategic Advisors, Inc. | 0.23% | New | 42,000 | $1.1M |
| Marshall Wace, LLP | 0.00% | Reduce -52.7% | 40,356 | $1.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -37.3% | 39,026 | $1.0M |
| Swiss National Bank | 0.00% | Reduce -5.7% | 38,300 | $982K |
| Lombard Odier Asset Management (USA) Corp | 0.24% | Add +185.1% | 35,640 | $914K |
| Independent Financial Group, LLC | 0.02% | No change | 35,535 | $911K |
| Brevan Howard Capital Management LP | 0.01% | New | 34,899 | $895K |
| Dimensional Fund Advisors LP | 0.00% | Add +255.9% | 34,712 | $890K |
| Integrity Financial Corp | 0.41% | New | 33,267 | $853K |
| Deutsche Bank AG | 0.00% | New | 32,009 | $821K |
| New York State Teachers Retirement System | 0.00% | No change | 31,860 | $817K |
| Readystate Asset Management LP | 0.08% | New | 31,538 | $809K |
| Wolverine Trading, LLC | 0.02% | New | 30,106 | $790K |
| Barclays PLC | 0.00% | Reduce -30.3% | 30,406 | $780K |
| Rangeley Capital, LLC | 0.68% | New | 27,400 | $703K |
| Alliancebernstein L.P. | 0.00% | Reduce -17.4% | 27,206 | $698K |
| Cubist Systematic Strategies, LLC | 0.01% | New | 26,783 | $687K |
| First Citizens Bank & Trust Co. | 0.01% | Add +76.1% | 26,636 | $683K |
| Sugar Maple Asset Management, LLC | 0.48% | Add +8.4% | 25,900 | $664K |
| Gallo Partners, LP | 0.50% | New | 25,835 | $662K |
| Quadrature Capital Ltd | 0.01% | Add +153.3% | 25,550 | $655K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Add +75.2% | 25,508 | $654K |
| Wells Fargo & Company | 0.00% | Reduce -14.6% | 25,450 | $653K |
| T. Rowe Price Associates Inc. | 0.00% | No change | 25,095 | $644K |
| American Century Companies Inc. | 0.00% | New | 24,335 | $624K |
| Tidal Investments LLC | 0.00% | Reduce -0.9% | 23,422 | $601K |
| Prudential Financial Inc. | 0.00% | Reduce -1.3% | 21,151 | $542K |
| Prelude Capital Management, LLC | 0.04% | Add +20.2% | 21,009 | $539K |
| California State Teachers Retirement System | 0.00% | Add +7.9% | 19,314 | $495K |
| Counterpoint Mutual Funds LLC | 0.04% | New | 18,932 | $485K |
| Two Sigma Investments, LP | 0.00% | Reduce -24.7% | 18,657 | $478K |
| Creative Planning | 0.00% | Add +2.2% | 18,410 | $472K |
| Inspire Investing, LLC | 0.04% | Add +10.1% | 17,581 | $451K |
| Covestor Ltd | 0.25% | Add +349020.0% | 17,456 | $447K |
| Penn Capital Management Company, LLC | 0.03% | Add +67.1% | 17,374 | $445K |
| Y-Intercept (Hong Kong) Ltd | 0.01% | Reduce -77.5% | 16,762 | $430K |
| Fuller & Thaler Asset Management, Inc. | 0.00% | New | 16,095 | $413K |
| Engineers Gate Manager LP | 0.00% | New | 15,985 | $410K |
| Thrivent Financial for Lutherans | 0.00% | Add +2.2% | 15,772 | $404K |
| SG Americas Securities, LLC | 0.00% | Reduce -88.8% | 14,509 | $372K |
| Quantinno Capital Management LP | 0.00% | Add +9.3% | 14,269 | $366K |
| Janus Henderson Group PLC | 0.00% | No change | 12,347 | $317K |
| Two Sigma Securities, LLC | 0.05% | New | 11,938 | $306K |
| MetLife Investment Management, LLC | 0.00% | Reduce -19.2% | 11,835 | $303K |
| Aristeia Capital, L.L.C. | 0.02% | New | 11,704 | $300K |
| iSAM Funds (UK) Ltd | 0.06% | Add +18.2% | 11,237 | $288K |
| State of Alaska, Department of Revenue | 0.00% | Reduce -12.0% | 11,000 | $282K |
| Squarepoint Ops LLC | 0.00% | Reduce -92.3% | 10,915 | $280K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.04% | Add +54.0% | 10,822 | $277K |
| Optimize Financial Inc. | 0.14% | New | 10,610 | $272K |
| NJ State Employees Deferred Compensation Plan | 0.03% | No change | 10,000 | $256K |
| Louisiana State Employees Retirement System | 0.00% | Add +2.0% | 10,000 | $256K |
| State of Wisconsin Investment Board | 0.00% | Add +14.4% | 9,932 | $255K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -20.1% | 9,865 | $253K |
| HB Wealth Management, LLC | 0.00% | New | 9,216 | $236K |
| Headlands Technologies LLC | 0.02% | Add +21.6% | 9,005 | $231K |
| Virtu Financial LLC | 0.01% | New | 8,895 | $228K |
| Neuberger Berman Group LLC | 0.00% | Add +3.4% | 8,749 | $224K |
| Sherbrooke Park Advisers LLC | 0.10% | New | 8,157 | $209K |
| ProShare Advisors LLC | 0.00% | New | 8,008 | $205K |
| KLP Kapitalforvaltning As | 0.00% | Reduce -19.6% | 7,800 | $200K |
| Logan Capital Management Inc. | 0.01% | Add +11.7% | 7,575 | $194K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 6,966 | $179K |
| Wolverine Asset Management LLC | 0.01% | No change | 6,565 | $168K |
| Bfsg, LLC | 0.02% | Reduce -16.0% | 6,555 | $168K |
| Amalgamated Bank | 0.00% | Add +3.4% | 6,381 | $164K |
| Comerica Bank | 0.00% | Reduce -10.9% | 6,379 | $164K |
| Teachers Retirement System of the State of Kentucky | 0.00% | Reduce -30.3% | 6,105 | $157K |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -68.6% | 5,847 | $150K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 5,725 | $147K |
| Osaic Holdings, Inc. | 0.00% | Reduce -0.2% | 4,695 | $141K |
| Oregon Public Employees Retirement Fund | 0.00% | Add +1.8% | 4,920 | $126K |
| New York State Common Retirement Fund | 0.00% | Reduce -44.2% | 4,917 | $126K |
| State of Tennessee, Department of Treasury | 0.00% | No change | 4,542 | $116K |
| SRH Advisors, LLC | 0.03% | Reduce -8.0% | 4,040 | $104K |
| Summit Securities Group LLC | 0.03% | Add +16.4% | 3,862 | $99K |
| Public Employees Retirement Association of Colorado | 0.00% | Reduce -8.2% | 3,633 | $93K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +36.5% | 3,550 | $91K |
| GAMMA Investing LLC | 0.00% | Add +3.7% | 3,220 | $83K |
| AlphaQuest LLC | 0.01% | Add +541.5% | 3,015 | $77K |
| US Bancorp \de | 0.00% | Reduce -2.7% | 2,986 | $77K |
| MAI Capital Management | 0.00% | Reduce -51.6% | 2,859 | $73K |
| Nisa Investment Advisors, LLC | 0.00% | Add +2.5% | 2,561 | $66K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 2,000 | $51K |
| Canada Pension Plan Investment Board | 0.00% | Add +1700.0% | 1,800 | $46K |
| Ameritas Investment Partners, Inc. | 0.00% | Reduce -31.9% | 1,771 | $45K |
| Point72 (DIFC) Ltd | 0.00% | Add +801.1% | 1,640 | $42K |
| Quantbot Technologies LP | 0.00% | Reduce -97.3% | 1,480 | $38K |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -13.3% | 1,249 | $32K |
| Sterling Capital Management LLC | 0.00% | Add +133.3% | 933 | $24K |
| Versant Capital Management, Inc | 0.00% | No change | 911 | $23K |
| Cwm, LLC | 0.00% | Add +5.7% | 812 | $21K |
| Emerald Advisers, LLC | 0.00% | No change | 585 | $15K |
| Allworth Financial LP | 0.00% | Add +0.8% | 513 | $13K |
| Nalls Sherbakoff Group, LLC | 0.01% | No change | 500 | $13K |
| PNC Financial Services Group, Inc. | 0.00% | Add +16.4% | 490 | $13K |
| Anchor Investment Management, LLC | 0.00% | Add +3.6% | 430 | $11K |
| Farther Finance Advisors, LLC | 0.00% | Add +89.7% | 387 | $10K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +19.3% | 297 | $8K |
| Caitong International Asset Management Co., Ltd | 0.00% | Reduce -57.1% | 264 | $7K |
| Rockefeller Capital Management L.P. | 0.00% | New | 262 | $7K |
| Signaturefd, LLC | 0.00% | No change | 256 | $7K |
| North Star Investment Management Corp. | 0.00% | Reduce -27.3% | 240 | $6K |
| Quadrant Capital Group LLC | 0.00% | New | 223 | $6K |
| Fifth Third Bancorp | 0.00% | Add +13.8% | 215 | $6K |
| Salomon & Ludwin, LLC | 0.00% | New | 215 | $5K |
| Harbor Capital Advisors, Inc. | 0.00% | Add +4100.0% | 210 | $5K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Reduce -25.6% | 204 | $5K |
| Arax Advisory Partners | 0.00% | Add +28.2% | 159 | $4K |
| Larson Financial Group LLC | 0.00% | Add +2880.0% | 149 | $4K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -4.6% | 144 | $4K |
| Jones Financial Companies LLLP | 0.00% | No change | 126 | $3K |
| CIBC Private Wealth Group LLC | 0.00% | No change | 105 | $3K |
| UMB Bank, n.a. | 0.00% | New | 98 | $3K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +275.0% | 75 | $2K |
| McIlrath & Eck, LLC | 0.00% | No change | 70 | $2K |
| Bessemer Group Inc. | 0.00% | Add +164.7% | 45 | $1K |
| Cedar Mountain Advisors, LLC | 0.00% | New | 28 | $718 |
| Fortitude Family Office, LLC | 0.00% | No change | 27 | $692 |
| Annis Gardner Whiting Capital Advisors, LLC | 0.00% | No change | 20 | $513 |
| NewEdge Advisors, LLC | 0.00% | No change | 20 | $513 |
| Kilter Group LLC | 0.00% | New | 19 | $488 |
| SBI Securities Co., Ltd. | 0.00% | Add +18.8% | 19 | $487 |
| Cullen/Frost Bankers, Inc. | 0.00% | No change | 18 | $462 |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 18 | $462 |
| Vermillion Wealth Management, Inc. | 0.00% | No change | 14 | $362 |
| Clearstead Trust, LLC | 0.00% | No change | 14 | $359 |
| True Wealth Design, LLC | 0.00% | No change | 14 | $359 |
| Huntington National Bank | 0.00% | No change | 13 | $333 |
| Smartleaf Asset Management LLC | 0.00% | New | 11 | $288 |
| Salem Investment Counselors Inc. | 0.00% | New | 10 | $257 |
| Parallel Advisors, LLC | 0.00% | No change | 10 | $256 |
| IFP Advisors, Inc | 0.00% | Add +0.0% | 4 | $103 |
| Advisory Services Network, LLC | 0.00% | New | 1 | $26 |
"% of holder's portfolio" is FWRD's weight in each manager's 13F, not the share of Forward Air Corp. the manager owns.