FORWARD AIR CORP (FWRD) Institutional Ownership Changes & 13F Activity
FORWARD AIR CORP (FWRD). Institutional ownership data tracks hedge funds, asset managers, and other institutional investors based on recent SEC Form 13F filings (Q4 2025). This page analyzes institutional buying and selling activity, new holdings, and sold-out positions in the latest reporting period. Notable filers include Clearlake Capital Group, L.P., Irenic Capital Management Lp, Fmr Llc, Melqart Asset Management (Uk) Ltd, and Bank Of America Corp.
| Institution | Type | Change in shares | Change Position % | Shares | Reported stock balance | Portfolio quarter | Filing date |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Group Llc | Sell | -8,749 | -100.0% | 0 | $0.00 | Q4 2025 | Oct 27, 2026 |
| Cornerstone Financial Management Llc | Buy | +23 | — | 23 | $575.00 | Q4 2025 | Aug 28, 2026 |
| Ensign Peak Advisors, Inc | Sell | -4,000 | -68.4% | 1,847 | $46.17K | Q4 2025 | Aug 18, 2026 |
| Independent Financial Group, Llc | Sell | -500 | -1.4% | 35,035 | $875.88K | Q4 2025 | May 15, 2026 |
| Anchor Investment Management, Llc | Buy | +415 | — | 415 | $10.38K | Q4 2025 | Feb 26, 2026 |
| First Citizens Bank & Trust Co | Buy | +26,401 | — | 26,401 | $660.02K | Q4 2025 | Feb 18, 2026 |
| State Of Tennessee, Department Of Treasury | Buy | +4,210 | — | 4,210 | $117.38K | Q4 2025 | Feb 18, 2026 |
| Garton & Associates Financial Advisors Llc | Buy | +1,430 | — | 1,430 | $35.75K | Q4 2025 | Feb 18, 2026 |
| Newedge Advisors, Llc | Buy | +20 | — | 20 | $500.00 | Q4 2025 | Feb 18, 2026 |
| Clearlake Capital Group, L.P. | Buy | +3,825,000 | — | 3,825,000 | $95.63M | Q4 2025 | Feb 17, 2026 |
| Irenic Capital Management Lp | Buy | +1,229,819 | — | 1,229,819 | $30.75M | Q4 2025 | Feb 17, 2026 |
| Fmr Llc | Buy | +961,868 | — | 961,868 | $24.05M | Q4 2025 | Feb 17, 2026 |
| Melqart Asset Management (Uk) Ltd | Buy | +849,876 | — | 849,876 | $21.25M | Q4 2025 | Feb 17, 2026 |
| Bank Of America Corp | Buy | +384,708 | — | 384,708 | $9.62M | Q4 2025 | Feb 17, 2026 |
| Citadel Advisors Llc | Buy | +309,598 | — | 309,598 | $7.74M | Q4 2025 | Feb 17, 2026 |
| Susquehanna International Group, Llp | Buy | +272,123 | — | 272,123 | $6.80M | Q4 2025 | Feb 17, 2026 |
| Northern Trust Corp | Buy | +219,942 | — | 219,942 | $5.50M | Q4 2025 | Feb 17, 2026 |
| Shay Capital Llc | Buy | +194,300 | — | 194,300 | $4.86M | Q4 2025 | Feb 17, 2026 |
| Mill Road Capital Management Llc | Buy | +167,650 | — | 167,650 | $4.19M | Q4 2025 | Feb 17, 2026 |
| Summittx Capital, L.P. | Buy | +161,190 | — | 161,190 | $4.03M | Q4 2025 | Feb 17, 2026 |
| Adage Capital Partners Gp, L.L.C. | Buy | +136,825 | — | 136,825 | $3.42M | Q4 2025 | Feb 17, 2026 |
| Susquehanna Portfolio Strategies, Llc | Buy | +118,173 | — | 118,173 | $2.95M | Q4 2025 | Feb 17, 2026 |
| Jump Financial, Llc | Buy | +109,411 | — | 109,411 | $2.74M | Q4 2025 | Feb 17, 2026 |
| Caption Management, Llc | Buy | +106,987 | — | 106,987 | $2.67M | Q4 2025 | Feb 17, 2026 |
| Tudor Investment Corp Et Al | Buy | +98,888 | — | 98,888 | $2.47M | Q4 2025 | Feb 17, 2026 |
| Rangeley Capital, Llc | Buy | +76,000 | — | 76,000 | $1.90M | Q4 2025 | Feb 17, 2026 |
| Millennium Management Llc | Buy | +68,973 | — | 68,973 | $1.72M | Q4 2025 | Feb 17, 2026 |
| Exoduspoint Capital Management, Lp | Buy | +66,767 | — | 66,767 | $1.67M | Q4 2025 | Feb 17, 2026 |
| Pdt Partners, Llc | Buy | +44,827 | — | 44,827 | $1.12M | Q4 2025 | Feb 17, 2026 |
| Ameriprise Financial Inc | Buy | +42,898 | — | 42,898 | $1.07M | Q4 2025 | Feb 17, 2026 |
Frequently asked questions about FWRD activity
Which institutional owners are buying FWRD?
Institutional owners buying FWRD include investors who have either initiated new positions or increased their existing holdings based on recent SEC 13F filings. The activity table above highlights which funds added shares in the latest reporting periods and how their positions changed over time.
What does "buy" mean in FWRD activity?
"Buy" means an investor increased their reported position in FWRD compared to the prior reporting period. This reflects growing exposure to FORWARD AIR CORP (FWRD) rather than necessarily a brand-new position (though new positions also appear as buys when prior quantity was zero).
Is institutional interest in FWRD increasing?
Institutional interest in FWRD can be assessed by comparing the number of tracked funds adding or increasing positions versus those trimming or exiting across the periods shown. A higher number of additions typically signals increasing participation among large filers, but it should be read alongside position sizes and the full table.
Related FWRD Institutional Insights
- FWRD Overview
- FWRD 13F Institutional Holders
- FWRD Superinvestors
- Industrials Sector Institutional Ownership
- Industrials Sector Portfolio Overlap
- Institutional Portfolio Overlap & Shared Holdings
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- FWRD Insider Trading & SEC Form 4 Activity
- FWRD Articles
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