Forward AirFWRD
13F holders, Q4 2025 (December 31)201holders −1
28new positions
28sold out
4famous investors
$25.02avg. 13F price*
At the end of Q4 2025, 201 institutions reported holding Forward Air Corp. (FWRD) in their 13F filings, down 1 from Q3 2025. 28 opened new positions and 28 sold out. The largest holders were Clearlake Capital Group, L.P. ($95.6M), BlackRock, Inc. ($85.0M) and Littlejohn & Co. LLC ($60.7M). 4 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Forward Air Corp.
- CUSIP
- 34986A104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 28 | $18.6M |
| Exits | 28 | $87.2M |
All 13F filers, Q3 2025 → Q4 2025: 3,989,873 shares bought and 6,281,929 shares sold, net −2,292,056 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 201 holders
| Clearlake Capital Group, L.P. | 8.96% | No change | 3,825,000 | $95.6M |
| BlackRock, Inc. | 0.00% | Add +5.6% | 3,400,804 | $85.0M |
| Littlejohn & Co. LLC | 31.61% | Reduce -11.8% | 2,426,359 | $60.7M |
| Vanguard Group Inc. | 0.00% | Reduce -0.5% | 2,342,425 | $58.6M |
| Irenic Capital Management LP | 4.25% | No change | 1,229,819 | $30.7M |
| Paralel Advisors LLC | 0.95% | No change | 975,000 | $24.4M |
| FMR LLC | 0.00% | Add +31.6% | 961,868 | $24.0M |
| State Street Corp. | 0.00% | Add +2.1% | 949,784 | $23.7M |
| Private Management Group Inc. | 0.68% | Reduce -0.8% | 928,807 | $23.2M |
| Melqart Asset Management (UK) Ltd | 2.13% | Add +122.3% | 849,876 | $21.2M |
| Cibc World Market Inc. | 0.04% | Add +3.8% | 784,731 | $19.6M |
| Geode Capital Management, LLC | 0.00% | Add +2.3% | 531,614 | $13.3M |
| UBS Group AG | 0.00% | Reduce -9.1% | 491,835 | $12.3M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -5.5% | 481,944 | $12.0M |
| Jane Street Group, LLC | 0.01% | Add +49.8% | 419,266 | $10.5M |
| BNP Paribas Financial Markets | 0.01% | Add +105.8% | 404,706 | $10.1M |
| Bank of America Corp. | 0.00% | Reduce -25.3% | 384,708 | $9.6M |
| Morgan Stanley | 0.00% | Reduce -15.3% | 344,071 | $8.6M |
| Citadel Advisors | 0.01% | Add +321.3% | 309,598 | $7.7M |
| Walleye Capital LLC | 0.04% | Add +51.8% | 287,094 | $7.2M |
| Deutsche Bank AG | 0.00% | Add +780.4% | 281,800 | $7.0M |
| Royce & Associates LP | 0.07% | Add +60.7% | 281,553 | $7.0M |
| Susquehanna International Group, LLP | 0.01% | Add +20.6% | 272,123 | $6.8M |
| Invesco Ltd. | 0.00% | Add +20.8% | 268,960 | $6.7M |
| Nuveen, LLC | 0.00% | Reduce -3.4% | 254,409 | $6.4M |
| Allianz Asset Management GmbH | 0.01% | Reduce -23.7% | 246,737 | $6.2M |
| Goldman Sachs Group Inc. | 0.00% | Add +19.1% | 243,165 | $6.1M |
| Northern Trust Corp. | 0.00% | Reduce -3.7% | 219,942 | $5.5M |
| Shay Capital LLC | 0.78% | Add +22.1% | 194,300 | $4.9M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.01% | Add +318.6% | 182,985 | $4.6M |
| PSquared Asset Management AG | 2.05% | Add +153.6% | 175,760 | $4.4M |
| Mill Road Capital Management LLC | 2.49% | Add +31.3% | 167,650 | $4.2M |
| Squarepoint Ops LLC | 0.01% | Add +1389.8% | 162,614 | $4.1M |
| SummitTX Capital, L.P. | 0.12% | New | 161,190 | $4.0M |
| Dimensional Fund Advisors LP | 0.00% | Add +340.1% | 152,774 | $3.8M |
| HRT Financial LP | 0.01% | Add +72.9% | 152,383 | $3.8M |
| Bank of New York Mellon Corp | 0.00% | Reduce -2.7% | 140,454 | $3.5M |
| Simplex Trading, LLC | 0.10% | Add +115.2% | 137,530 | $3.4M |
| Adage Capital Partners Gp, L.L.C. | 0.01% | Reduce -14.8% | 136,825 | $3.4M |
| Group One Trading LLC | 0.10% | Add +54.8% | 136,745 | $3.4M |
| Carlyle Group Inc. | 0.02% | No change | 107,214 | $3.1M |
| Citigroup Inc. | 0.00% | Add +9.7% | 120,496 | $3.0M |
| Hudson Bay Capital Management LP | 0.02% | Reduce -39.7% | 119,385 | $3.0M |
| AlpInvest Partners B.V. | 4.65% | No change | 103,330 | $3.0M |
| Susquehanna Portfolio Strategies, LLC | 0.05% | No change | 118,173 | $3.0M |
| Diametric Capital, LP | 0.79% | Add +118.8% | 117,336 | $2.9M |
| Jump Financial, LLC | 0.04% | Reduce -13.4% | 109,411 | $2.7M |
| Caption Management, LLC | 0.12% | New | 106,987 | $2.7M |
| Principal Financial Group Inc. | 0.00% | Add +0.2% | 105,841 | $2.6M |
| Tudor Investment Corporation | 0.01% | New | 98,888 | $2.5M |
| Brigade Capital Management, LP | 1.92% | Reduce -65.0% | 77,357 | $1.9M |
| Public Sector Pension Investment Board | 0.01% | Reduce -10.0% | 76,756 | $1.9M |
| Rangeley Capital, LLC | 1.66% | Add +177.4% | 76,000 | $1.9M |
| Rothschild Investment LLC | 0.10% | Reduce -74.1% | 70,055 | $1.8M |
| Millennium Management | 0.00% | Reduce -83.9% | 68,973 | $1.7M |
| ExodusPoint Capital Management, LP | 0.02% | New | 66,767 | $1.7M |
| Rhumbline Advisers | 0.00% | Reduce -2.3% | 65,493 | $1.6M |
| Verition Fund Management LLC | 0.01% | Add +49.0% | 64,032 | $1.6M |
| Jefferies Financial Group Inc. | 0.01% | Reduce -85.7% | 59,300 | $1.5M |
| Legal & General Group Plc | 0.00% | Reduce -1.1% | 57,557 | $1.4M |
| SG Americas Securities, LLC | 0.00% | Add +236.4% | 48,812 | $1.2M |
| Y-Intercept (Hong Kong) Ltd | 0.03% | Add +188.9% | 48,434 | $1.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -90.7% | 46,900 | $1.2M |
| PDT Partners, LLC | 0.07% | New | 44,827 | $1.1M |
| Prescott Group Capital Management, L.L.C. | 0.10% | No change | 43,897 | $1.1M |
| LPL Financial LLC | 0.00% | Add +1.5% | 43,228 | $1.1M |
| Ameriprise Financial Inc. | 0.00% | Reduce -2.1% | 42,898 | $1.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +6.3% | 41,478 | $1.0M |
| Wells Fargo & Company | 0.00% | Add +58.5% | 40,338 | $1.0M |
| Barclays PLC | 0.00% | Add +31.4% | 39,947 | $999K |
| Swiss National Bank | 0.00% | Add +2.9% | 39,400 | $985K |
| Covestor Ltd | 0.51% | Add +122.5% | 38,830 | $970K |
| American Century Companies Inc. | 0.00% | Add +48.0% | 36,011 | $900K |
| Independent Financial Group, LLC | 0.02% | Reduce -1.4% | 35,035 | $876K |
| Aristeia Capital, L.L.C. | 0.04% | Add +196.6% | 34,709 | $868K |
| Balyasny Asset Management L.P. | 0.00% | New | 33,544 | $839K |
| D. E. Shaw & Co. | 0.00% | New | 33,509 | $838K |
| Integrity Financial Corp | 0.42% | No change | 33,267 | $832K |
| New York State Teachers Retirement System | 0.00% | No change | 31,860 | $797K |
| Prelude Capital Management, LLC | 0.05% | Add +39.0% | 29,195 | $730K |
| Caxton Associates LLP | 0.01% | New | 27,570 | $689K |
| ADAR1 Capital Management, LLC | 0.05% | New | 26,635 | $666K |
| Alliancebernstein L.P. | 0.00% | Reduce -2.1% | 26,629 | $666K |
| First Citizens Bank & Trust Co. | 0.01% | Reduce -0.9% | 26,401 | $660K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Add +0.8% | 25,710 | $643K |
| Quantbot Technologies LP | 0.02% | Add +1633.2% | 25,652 | $641K |
| Intech Investment Management LLC | 0.01% | Reduce -44.5% | 24,869 | $622K |
| Creative Planning | 0.00% | Add +18.8% | 21,862 | $547K |
| Walleye Trading LLC | 0.01% | New | 21,760 | $544K |
| Tidal Investments LLC | 0.00% | Reduce -7.7% | 21,608 | $540K |
| Brevan Howard Capital Management LP | 0.01% | Reduce -41.0% | 20,579 | $514K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -56.8% | 20,491 | $512K |
| Counterpoint Mutual Funds LLC | 0.04% | Add +6.7% | 20,198 | $505K |
| Centiva Capital, LP | 0.03% | New | 20,000 | $500K |
| Prudential Financial Inc. | 0.00% | Reduce -7.1% | 19,649 | $491K |
| California State Teachers Retirement System | 0.00% | Reduce -0.5% | 19,228 | $481K |
| Royal Bank of Canada | 0.00% | Reduce -94.9% | 18,911 | $473K |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -25.1% | 18,795 | $470K |
| Inspire Investing, LLC | 0.04% | Add +6.0% | 18,636 | $466K |
| Lombard Odier Asset Management (USA) Corp | 0.25% | Reduce -48.0% | 18,523 | $463K |
| Quadrature Capital Ltd | 0.00% | Reduce -33.4% | 17,013 | $425K |
| XTX Topco Ltd | 0.01% | Reduce -62.9% | 16,928 | $423K |
| Jain Global LLC | 0.00% | New | 16,910 | $423K |
| Quantinno Capital Management LP | 0.00% | Add +16.4% | 16,603 | $415K |
| Aquatic Capital Management LLC | 0.01% | New | 16,322 | $408K |
| Fuller & Thaler Asset Management, Inc. | 0.00% | No change | 16,095 | $402K |
| Clear Harbor Asset Management, LLC | 0.03% | Reduce -62.9% | 15,802 | $395K |
| Thrivent Financial for Lutherans | 0.00% | Reduce -3.3% | 15,245 | $381K |
| Headlands Technologies LLC | 0.03% | Add +65.0% | 14,860 | $372K |
| CenterBook Partners LP | 0.02% | New | 14,853 | $371K |
| Franklin Resources Inc. | 0.00% | New | 12,980 | $325K |
| Janus Henderson Group PLC | 0.00% | No change | 12,347 | $309K |
| MetLife Investment Management, LLC | 0.00% | Reduce -2.1% | 11,587 | $290K |
| State of Alaska, Department of Revenue | 0.00% | Add +2.7% | 11,296 | $282K |
| Optimize Financial Inc. | 0.14% | Add +1.4% | 10,762 | $269K |
| Louisiana State Employees Retirement System | 0.00% | Add +2.0% | 10,200 | $255K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +1.1% | 9,978 | $249K |
| Two Sigma Investments, LP | 0.00% | Reduce -48.0% | 9,700 | $243K |
| Entropy Technologies, LP | 0.01% | New | 9,393 | $235K |
| HB Wealth Management, LLC | 0.00% | Add +0.8% | 9,285 | $232K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | New | 9,285 | $232K |
| One68 Global Capital, LLC | 2.65% | New | 9,000 | $225K |
| KLP Kapitalforvaltning As | 0.00% | Add +10.3% | 8,600 | $215K |
| Guggenheim Capital LLC | 0.00% | New | 8,267 | $207K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 6,966 | $174K |
| Wolverine Asset Management LLC | 0.01% | No change | 6,565 | $164K |
| Bfsg, LLC | 0.02% | No change | 6,555 | $164K |
| Amalgamated Bank | 0.00% | Reduce -0.4% | 6,355 | $159K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 5,725 | $143K |
| Teachers Retirement System of the State of Kentucky | 0.00% | Reduce -6.9% | 5,685 | $142K |
| Comerica Bank | 0.00% | Reduce -17.5% | 5,264 | $132K |
| Oregon Public Employees Retirement Fund | 0.00% | Add +4.0% | 5,115 | $128K |
| Osaic Holdings, Inc. | 0.00% | Add +7.3% | 5,036 | $126K |
| New York State Common Retirement Fund | 0.00% | No change | 4,917 | $123K |
| State of Tennessee, Department of Treasury | 0.00% | Reduce -7.3% | 4,210 | $117K |
| SRH Advisors, LLC | 0.03% | No change | 4,040 | $101K |
| Canada Pension Plan Investment Board | 0.00% | Add +111.1% | 3,800 | $95K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 3,633 | $91K |
| AlphaQuest LLC | 0.00% | Add +13.8% | 3,431 | $86K |
| SageView Advisory Group, LLC | 0.00% | New | 3,239 | $81K |
| GAMMA Investing LLC | 0.00% | Reduce -6.0% | 3,028 | $76K |
| Kestra Advisory Services, LLC | 0.00% | New | 2,953 | $74K |
| Nisa Investment Advisors, LLC | 0.00% | Add +12.0% | 2,869 | $72K |
| US Bancorp \de | 0.00% | Reduce -6.8% | 2,782 | $70K |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -68.4% | 1,847 | $46K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -49.5% | 1,794 | $45K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 1,771 | $44K |
| Garton & Associates Financial Advisors LLC | 0.02% | — | 1,430 | $36K |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -10.2% | 1,122 | $28K |
| Cwm, LLC | 0.00% | Add +27.3% | 1,034 | $26K |
| Versant Capital Management, Inc | 0.00% | Reduce -0.8% | 904 | $23K |
| Sterling Capital Management LLC | 0.00% | Reduce -11.5% | 826 | $21K |
| Larson Financial Group LLC | 0.00% | Add +449.0% | 818 | $20K |
| Pinnacle Wealth Planning Services, Inc. | 0.00% | New | 617 | $15K |
| PNC Financial Services Group, Inc. | 0.00% | Add +20.6% | 591 | $15K |
| Emerald Advisers, LLC | 0.00% | No change | 585 | $15K |
| Allworth Financial LP | 0.00% | Add +2.7% | 527 | $13K |
| Farther Finance Advisors, LLC | 0.00% | Add +35.4% | 524 | $13K |
| Nalls Sherbakoff Group, LLC | 0.01% | No change | 500 | $13K |
| Anchor Investment Management, LLC | 0.00% | Reduce -3.5% | 415 | $10K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Add +72.5% | 352 | $9K |
| Signaturefd, LLC | 0.00% | Add +39.5% | 357 | $9K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Reduce -3.0% | 288 | $7K |
| North Star Investment Management Corp. | 0.00% | No change | 240 | $6K |
| Fifth Third Bancorp | 0.00% | Add +2.3% | 220 | $6K |
| UMB Bank, n.a. | 0.00% | Add +112.2% | 208 | $5K |
| Salomon & Ludwin, LLC | 0.00% | Reduce -7.4% | 199 | $5K |
| Harbor Capital Advisors, Inc. | 0.00% | Reduce -1.9% | 206 | $5K |
| MAI Capital Management | 0.00% | Reduce -93.1% | 198 | $5K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +129.3% | 172 | $4K |
| Rockefeller Capital Management L.P. | 0.00% | Reduce -35.1% | 170 | $4K |
| Quadrant Capital Group LLC | 0.00% | Reduce -30.5% | 155 | $4K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 144 | $4K |
| Arax Advisory Partners | 0.00% | Add +7239.6% | 11,670 | $3K |
| Nvest Wealth Strategies, Inc. | 0.00% | — | 120 | $3K |
| Bessemer Group Inc. | 0.00% | Add +153.3% | 114 | $3K |
| Sound Income Strategies, LLC | 0.00% | New | 100 | $3K |
| Los Angeles Capital Management LLC | 0.00% | New | 152 | $3K |
| CIBC Private Wealth Group LLC | 0.00% | Add +4.8% | 110 | $3K |
| Basepoint Wealth LLC | 0.00% | New | 100 | $3K |
| Bare Financial Services, Inc | 0.00% | New | 86 | $2K |
| Jones Financial Companies LLLP | 0.00% | Reduce -39.7% | 76 | $2K |
| Caitong International Asset Management Co., Ltd | 0.00% | Reduce -82.2% | 47 | $1K |
| Smartleaf Asset Management LLC | 0.00% | Add +209.1% | 34 | $860 |
| Basecamp Wealth Advisors LLC | 0.00% | — | 30 | $750 |
| Fortitude Family Office, LLC | 0.00% | No change | 27 | $675 |
| Kilter Group LLC | 0.00% | Add +36.8% | 26 | $650 |
| Cedar Mountain Advisors, LLC | 0.00% | Reduce -10.7% | 25 | $625 |
| Cornerstone Financial Management LLC | 0.00% | — | 23 | $575 |
| Annis Gardner Whiting Capital Advisors, LLC | 0.00% | No change | 20 | $500 |
| NewEdge Advisors, LLC | 0.00% | No change | 20 | $500 |
| Prestige Wealth Management Group LLC | 0.00% | New | 19 | $475 |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 18 | $450 |
| Cullen/Frost Bankers, Inc. | 0.00% | Reduce -11.1% | 16 | $400 |
| SBI Securities Co., Ltd. | 0.00% | Reduce -21.1% | 15 | $375 |
| Vermillion Wealth Management, Inc. | 0.00% | No change | 14 | $353 |
| True Wealth Design, LLC | 0.00% | No change | 14 | $350 |
| Parallel Advisors, LLC | 0.00% | No change | 10 | $250 |
| Ankerstar Wealth, LLC | 0.00% | — | 9 | $225 |
| International Assets Investment Management, LLC | 0.00% | New | 5 | $125 |
| IFP Advisors, Inc | 0.00% | No change | 4 | $100 |
"% of holder's portfolio" is FWRD's weight in each manager's 13F, not the share of Forward Air Corp. the manager owns.