Forward Air Corporation (FWRD) Ownership

33.37 ↑1.51 (4.74%)

As of December 31, 1969, 7:00pm EST.

Institutions
Mutual Funds

Institutional Ownership

BlackRock Inc is the biggest individual institutional holder of Forward Air Corporation (FWRD), owning a total of 4.5 million shares. Combined, the top 60 institutional holders of FWRD own 189.05% of the company with a total of 52.6 million shares.

In the latest ownership report on September 30th 2024, the top 60 institutional holders increased their combined ownership of FWRD by 1.4 million shares. 9 institutions bought 4,129,725 total additional shares and increased their ownership by an average of 14.85%. However 8 institutions sold 2,735,679 total shares and decreased their ownership by an average of 23.03%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Forward Air Corporation increased by a net total of 1,394,046 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Clearlake Capital Group LP	13.210%	0.000%	3,825,000	0	2024-09-30
Vanguard Group Inc	7.125%	-17.120%	2,062,974	-426,127	2024-09-30
Ridgemont Partners Management LLC	6.599%	0.000%	1,910,615	0	2024-09-30
LITTLEJOHN & CO LLC	5.753%	-25.631%	1,665,660	-574,049	2024-09-30
Scopus Asset Management, LLC	4.492%	0.000%	1,300,495	1,300,495	2024-09-30
MFN Partners Management, LP	4.453%	42.663%	1,289,358	385,581	2024-09-30
Irenic Capital Management LP	4.247%	15.117%	1,229,719	161,480	2024-09-30
Ancora Advisors LLC	3.887%	16.956%	1,125,506	163,176	2024-09-30
Private Management Group Inc	3.511%	-23.953%	1,016,514	-320,173	2024-09-30
State Street Corp	3.257%	-20.713%	943,049	-246,357	2024-09-30
Morgan Stanley - Brokerage Accounts	2.854%	-50.932%	826,456	-857,838	2024-09-30
ALTA FOX CAPITAL MANAGEMENT, LLC	2.753%	0.000%	797,092	797,092	2024-09-30
J. Goldman & Co LP	2.593%	0.000%	750,896	750,896	2024-09-30
Paralel Advisors LLC	2.590%	0.000%	750,000	0	2024-09-30
Charles Schwab Investment Management Inc	2.334%	4.430%	675,883	28,669	2024-09-30
Bank of America Corp	2.034%	-15.246%	588,939	-105,941	2024-09-30
Geode Capital Management, LLC	1.921%	-22.575%	556,225	-162,182	2024-09-30
Goldman Sachs Group Inc	1.695%	-8.059%	490,677	-43,012	2024-09-30
Goldentree Asset Management LP	1.396%	0.000%	404,048	404,048	2024-09-30
Hawk Ridge Management LLC	1.367%	54.482%	392,112	138,288	2024-09-30

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
BlackRock Inc	15.643%	-3.320%	4,529,445	-155,533	2024-06-30
Clearlake Capital Group LP	13.210%	0.000%	3,825,000	0	2024-09-30
CLEARLAKE CAPITAL GROUP, L.P.	13.809%	255.151%	3,825,000	2,747,994	2024-06-30
Vanguard Group Inc	7.125%	-17.120%	2,062,974	-426,127	2024-09-30
Ridgemont Partners Management LLC	6.599%	0.000%	1,910,615	0	2024-09-30
LITTLEJOHN & CO LLC	5.753%	-25.631%	1,665,660	-574,049	2024-09-30
Thrivent Financial For Lutherans	6.153%	38.341%	1,580,644	438,069	2023-06-30
Neuberger Berman Group LLC	5.741%	-2.949%	1,473,349	-44,761	2023-06-30
Scopus Asset Management, LLC	4.492%	0.000%	1,300,495	1,300,495	2024-09-30
MFN Partners Management, LP	4.453%	42.663%	1,289,358	385,581	2024-09-30
State Street Corporation	4.526%	16.528%	1,253,626	177,810	2024-03-31
Irenic Capital Management LP	4.247%	15.117%	1,229,719	161,480	2024-09-30
Silvercrest Asset Management Group LLC	4.283%	-8.819%	1,129,531	-109,247	2023-12-31
Ancora Advisors LLC	3.887%	16.956%	1,125,506	163,176	2024-09-30
Private Management Group Inc	3.511%	-23.953%	1,016,514	-320,173	2024-09-30
ArrowMark Colorado Holdings, LLC (ArrowMark Partne	3.739%	-21.865%	960,571	-268,802	2023-06-30
State Street Corp	3.257%	-20.713%	943,049	-246,357	2024-09-30
Morgan Stanley - Brokerage Accounts	2.854%	-50.932%	826,456	-857,838	2024-09-30
Amvescap Plc.	2.956%	638.802%	818,689	707,876	2024-03-31
ALTA FOX CAPITAL MANAGEMENT, LLC	2.753%	0.000%	797,092	797,092	2024-09-30
J. Goldman & Co LP	2.593%	0.000%	750,896	750,896	2024-09-30
Paralel Advisors LLC	2.590%	0.000%	750,000	0	2024-09-30
Victory Capital Management Inc.	2.881%	-1.377%	739,259	-10,323	2023-06-30
Assenagon Asset Management SA	2.831%	15,487.600%	726,538	721,877	2023-09-30
Royce & Associates, LP	2.739%	-7.052%	703,663	-53,386	2023-06-30
Deutsche Bank AG	2.498%	359.914%	691,945	541,494	2024-03-31
NORGES BANK	2.604%	116.529%	688,425	370,489	2023-12-31
Dimensional Fund Advisors, Inc.	2.478%	-14.580%	686,260	-117,133	2024-03-31
UBS Group AG	2.664%	809.772%	683,566	608,430	2023-09-30
Federated Hermes Inc	2.458%	712.477%	680,929	597,120	2024-06-30
Charles Schwab Investment Management Inc	2.334%	4.430%	675,883	28,669	2024-09-30
Ameriprise Financial Inc	2.624%	7.317%	673,369	45,912	2023-09-30
Pacer Advisors, INC.	2.443%	46.028%	645,931	203,597	2023-12-31
Bank of America Corp	2.034%	-15.246%	588,939	-105,941	2024-09-30
Geode Capital Management, LLC	1.921%	-22.575%	556,225	-162,182	2024-09-30
Millennium Management LLC	1.919%	15.675%	531,525	72,027	2024-03-31
Atlanta Capital Management Company,LLC	2.025%	-4.868%	528,473	-27,042	2022-09-30
Goldman Sachs Group Inc	1.695%	-8.059%	490,677	-43,012	2024-09-30
Two Sigma Investments LLC	1.571%	973.437%	450,661	408,678	2024-06-30
Schroder Investment Management Group	1.557%	23.413%	410,664	77,909	2023-12-31
Jacobs Levy Equity Management, Inc.	1.538%	0.000%	405,442	405,442	2023-09-30
Goldentree Asset Management LP	1.396%	0.000%	404,048	404,048	2024-09-30
River Road Asset Management, LLC	1.512%	-1.263%	398,619	-5,097	2023-12-31
Man Group PLC	1.428%	353.224%	395,397	308,156	2024-03-31
Hawk Ridge Management LLC	1.367%	54.482%	392,112	138,288	2024-09-30
P Schoenfeld Asset Mgmt LP(NY)	1.469%	28.687%	387,348	86,348	2023-12-31
Point72 Asset Management, L.P.	1.345%	2,117.260%	372,500	355,700	2024-06-30
Cardinal Capital Management Llc	1.308%	-1.582%	347,876	-5,590	2022-09-30
HRT FINANCIAL LLC	1.247%	0.000%	345,383	345,383	2024-06-30
One Fin Capital Management LP	1.212%	0.000%	335,813	335,813	2024-06-30
ClearBridge Advisors, LLC	1.170%	-52.071%	324,008	-352,010	2024-03-31
BTIM Corp	1.137%	0.912%	299,755	2,710	2023-12-31
Northern Trust Corp	1.058%	-29.281%	293,154	-121,381	2024-03-31
Bank of New York Mellon Corp	1.049%	-9.876%	290,605	-31,846	2024-06-30
Vulcan Value Partners, LLC	1.041%	-8.593%	267,300	-25,127	2023-06-30
Nuveen Asset Management, LLC	0.919%	-28.730%	254,498	-102,592	2024-03-31
VOLORIDGE INVESTMENT MANAGEMENT, LLC	0.896%	293.237%	248,144	185,041	2024-03-31
Marshall Wace Asset Management Ltd	0.899%	76.888%	237,574	103,266	2024-03-31
FMR Inc	0.820%	-11.074%	216,258	-26,931	2023-12-31
ExodusPoint Capital Management, LP	0.788%	1,378.350%	207,826	193,768	2023-12-31

Mutual Fund Ownership

Pacer US Small Cap Cash Cows 100 ETF is the biggest individual fund holder of Forward Air Corporation (FWRD), owning a total of 2.3 million shares. Combined, the top 66 mutual fund holders of FWRD own 83.44% of the company with a total of 22.5 million shares.

In the latest ownership report on November 30th 2024, the top 66 fund holders increased their combined ownership of FWRD by 10 thousand shares. 5 funds bought 50,083 total additional shares and increased their ownership by an average of 4.77%. However 2 funds sold 59,902 total shares and decreased their ownership by an average of 3.85%.

Overall this is a negative sign as the number of shares owned by the top 20 mutual funds holding Forward Air Corporation decreased by a net total of -9,819 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
iShares Core S&P Small-Cap ETF	4.271%	0.000%	1,236,544	0	2024-11-30
Vanguard Total Stock Mkt Idx Inv	2.480%	-7.693%	717,959	-59,838	2024-11-30
iShares Russell 2000 ETF	2.403%	0.000%	695,694	0	2024-11-30
Schwab Fundamental U.S. Small CompanyETF	1.372%	-0.016%	397,367	-64	2024-11-30
Vanguard Small Cap Index	1.028%	0.609%	297,494	1,800	2024-11-30
Vanguard Institutional Extnd Mkt Idx Tr	1.023%	0.546%	296,121	1,607	2024-11-30
Penn Capital Small Cap Equity	0.914%	18.691%	264,645	41,676	2024-11-30
iShares Russell 2000 Value ETF	0.852%	0.000%	246,764	0	2024-11-30
Vanguard Small Cap Value Index Inv	0.692%	0.486%	200,430	969	2024-11-30
iShares S&P Small-Cap 600 Value ETF	0.678%	0.000%	196,308	0	2024-11-30
Invesco Dorsey Wright IndustrialsMomtETF	0.574%	0.000%	166,043	0	2024-11-30
State St Russell Sm/Mid Cp® Indx NL Cl C	0.553%	0.000%	160,210	0	2024-11-30
Vanguard Tax-Managed Small Cap Adm	0.467%	0.000%	135,295	0	2024-11-30
Vanguard Russell 2000 ETF	0.408%	3.531%	118,199	4,031	2024-11-30
SPDR® S&P 600 Small Cap Value ETF	0.375%	0.000%	108,487	0	2024-11-30

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Pacer US Small Cap Cash Cows 100 ETF	8.677%	0.000%	2,294,147	0	2024-05-31
iShares Core S&P Small-Cap ETF	4.271%	0.000%	1,236,544	0	2024-11-30
Neuberger Berman Genesis Inv	3.780%	-3.253%	970,983	-32,643	2023-06-30
Vanguard Instl Ttl Stck Mkt Idx Tr	3.208%	0.447%	823,157	3,663	2023-03-31
SRH Total Return Fund	2.590%	0.000%	750,000	0	2024-10-31
Vanguard Total Stock Mkt Idx Inv	2.480%	-7.693%	717,959	-59,838	2024-11-30
iShares Russell 2000 ETF	2.403%	0.000%	695,694	0	2024-11-30
Invesco Global Multi Cap Growth	2.339%	0.000%	618,437	618,437	2024-03-31
Invesco Global Opportunities A	2.339%	0.000%	618,437	0	2024-04-30
Vanguard Explorer Inv	1.782%	-18.309%	457,731	-102,589	2023-06-30
Federated Hermes MDT SCC Institutional	1.648%	739.575%	456,502	402,129	2024-06-30
Federated Hermes MDT Small Cap Core IS	1.648%	739.575%	456,502	402,129	2024-06-30
Thrivent Mid Cap Stock A	1.680%	0.000%	431,507	0	2023-07-31
Thrivent Small Cap Stock A	1.645%	2.710%	422,675	11,153	2023-07-31
Victory Small Cap Value CIT (Net 75)	1.577%	-2.878%	405,000	-12,000	2023-06-30
Victory Sycamore Small Company Opp R	1.577%	-2.878%	405,000	-12,000	2023-06-30
Schwab Fundamental U.S. Small CompanyETF	1.372%	-0.016%	397,367	-64	2024-11-30
ClearBridge Small Cap Growth A	1.372%	-31.870%	361,893	-169,285	2023-12-31
Vanguard Extended Market Index Investor	1.376%	0.412%	353,347	1,448	2023-08-31
Columbia Small Cap Growth	1.250%	1.179%	320,841	3,740	2023-10-31
Columbia Small Cap Growth Inst	1.250%	1.179%	320,841	3,740	2023-10-31
Columbia Small Cap Growth SMA Cmp	1.250%	1.179%	320,841	3,740	2023-10-31
Threadneedle (Lux) Glb Smlr Coms IE	1.238%	11.981%	317,746	33,996	2023-07-31
Royce Premier Invmt	1.219%	0.000%	313,138	0	2023-06-30
Royce Small-Cap Premier Quality	1.219%	0.000%	313,138	0	2023-06-30
Vanguard Small Cap Index	1.028%	0.609%	297,494	1,800	2024-11-30
Vanguard Institutional Extnd Mkt Idx Tr	1.023%	0.546%	296,121	1,607	2024-11-30
SPDR® Portfolio S&P 600 Sm Cap ETF	1.029%	-0.144%	272,067	-392	2024-05-30
Penn Capital Small Cap Equity	0.914%	18.691%	264,645	41,676	2024-11-30
iShares S&P Small-Cap 600 Growth ETF	1.019%	0.000%	261,584	0	2023-11-30
Fidelity Small Cap Index	0.877%	-0.783%	254,005	-2,005	2024-09-30
Fidelity® Small Cap Index	0.983%	2.759%	252,276	6,773	2023-10-31
Thrivent Mid Cap Stock	0.972%	0.000%	249,786	0	2023-07-31
iShares Russell 2000 Value ETF	0.852%	0.000%	246,764	0	2024-11-30
Cardinal Capital Mgt Small Cap Value Eq	0.903%	-1.403%	240,149	-3,417	2022-09-30
Meridian Growth Legacy	0.864%	-15.430%	225,460	-41,135	2022-12-31
Royce Pennsylvania Mutual Invmt	0.837%	-1.089%	222,451	-2,450	2022-12-31
UBS: US Equity Small Cap Growth	0.713%	-36.106%	219,694	-124,148	2023-09-30
iShares Russell 2000 Growth ETF	0.819%	0.000%	216,499	0	2024-05-30
ClearBridge Small Cap	0.787%	0.000%	208,100	0	2024-04-30
ClearBridge Small Cap C	0.787%	70.714%	208,100	86,200	2024-03-31
Vanguard Small Cap Value Index Inv	0.692%	0.486%	200,430	969	2024-11-30
Federated Hermes MDT SCG Institutional	0.720%	638.165%	199,467	172,445	2024-06-30
Federated Hermes MDT Small Cap Growth IS	0.720%	638.165%	199,467	172,445	2024-06-30
iShares S&P Small-Cap 600 Value ETF	0.678%	0.000%	196,308	0	2024-11-30
ClearBridge Small Cap Growth	0.729%	0.000%	192,308	0	2024-02-29
DFA US Small Cap I	0.702%	0.000%	185,127	0	2024-02-29
DFA US Micro Cap I	0.700%	-3.422%	184,669	-6,544	2024-02-29
Vanguard Small Cap Growth Index Inv	0.690%	1.023%	182,467	1,848	2024-05-31
Ceredex Small Cap Value Equity	0.684%	49.499%	175,400	58,075	2023-09-30
SPDR® Portfolio S&P 600™ Sm Cap ETF	0.599%	0.092%	173,391	160	2024-11-29
Invesco Dorsey Wright IndustrialsMomtETF	0.574%	0.000%	166,043	0	2024-11-30
State St Russell Sm/Mid Cp® Indx NL Cl C	0.553%	0.000%	160,210	0	2024-11-30
Bridge Builder Small/Mid Cap Value	0.505%	0.000%	155,606	0	2024-01-31
Schwab Fundamental US Small Company ETF	0.588%	0.000%	154,927	0	2024-03-29
Schwab US Small-Cap ETF™	0.570%	0.028%	150,672	42	2024-07-30
Xtrackers MSCI World Swap ETF 1C	0.521%	0.000%	137,800	0	2024-06-30
Vanguard Tax-Managed Small Cap Adm	0.467%	0.000%	135,295	0	2024-11-30
Vanguard Strategic Equity Inv	0.477%	221.024%	126,005	86,754	2024-03-31
Nuveen Quant Small Cap Equity R6	0.467%	0.000%	123,496	0	2024-05-31
Vanguard Russell 2000 ETF	0.408%	3.531%	118,199	4,031	2024-11-30
PIMCO RAE US Small	0.392%	59.208%	113,412	42,177	2024-09-30
SPDR® S&P 600 Small Cap Value ETF	0.375%	0.000%	108,487	0	2024-11-30
Fidelity Extended Market Index	0.363%	-5.353%	105,016	-5,939	2024-10-31
Xtrackers MSCI USA Swap ETF 1C	0.330%	0.000%	95,405	0	2024-10-31
State St Russell Sm Cap® Indx SL Cl I	0.335%	0.000%	92,655	0	2024-10-31