Forward Air Corporation (FWRD) Ownership

13.31 ↓0.54 (-3.90%)

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

Institutions
Mutual Funds

Institutional Ownership

Clearlake Capital Group LP is the biggest individual institutional holder of Forward Air Corporation (FWRD), owning a total of 3.8 million shares. Combined, the top 61 institutional holders of FWRD own 183.71% of the company with a total of 51.9 million shares.

In the latest ownership report on December 31st 2024, the top 61 institutional holders increased their combined ownership of FWRD by 725 thousand shares. 6 institutions bought 1,415,250 total additional shares and increased their ownership by an average of 330.11%. However 9 institutions sold 689,762 total shares and decreased their ownership by an average of 9.57%.

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 725,488 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	12.852%	0.000%	3,825,000	0	2024-12-31
BlackRock Inc	11.693%	4.331%	3,479,970	144,449	2024-12-31
Vanguard Group Inc	6.867%	-0.941%	2,043,566	-19,408	2024-12-31
Ridgemont Partners Management LLC	6.420%	0.000%	1,910,615	0	2024-12-31
LITTLEJOHN & CO LLC	5.560%	-0.661%	1,654,654	-11,006	2024-12-31
MFN Partners Management, LP	4.332%	0.000%	1,289,358	0	2024-12-31
Irenic Capital Management LP	4.132%	0.000%	1,229,719	0	2024-12-31
State Street Corp	3.368%	6.277%	1,002,247	59,198	2024-12-31
Private Management Group Inc	3.251%	-4.808%	967,637	-48,877	2024-12-31
Ancora Advisors LLC	3.209%	-15.159%	954,890	-170,616	2024-12-31
Morgan Stanley - Brokerage Accounts	2.590%	-6.746%	770,705	-55,751	2024-12-31
Charles Schwab Investment Management Inc	2.540%	11.830%	755,843	79,960	2024-12-31
Paralel Advisors LLC	2.520%	0.000%	750,000	0	2024-12-31
Goldentree Asset Management LP	2.395%	76.382%	712,667	308,619	2024-12-31
ALTA FOX CAPITAL MANAGEMENT, LLC	2.326%	-13.166%	692,144	-104,948	2024-12-31
J. Goldman & Co LP	2.267%	-10.151%	674,671	-76,225	2024-12-31
Geode Capital Management, LLC	1.859%	-0.555%	553,140	-3,085	2024-12-31
Point72 Asset Management, L.P.	1.558%	1,224.570%	463,600	428,600	2024-12-31
UBS Group AG	1.527%	657.297%	454,431	394,424	2024-12-31
Bank of America Corp	1.307%	-33.933%	389,093	-199,846	2024-12-31

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Clearlake Capital Group LP	12.852%	0.000%	3,825,000	0	2024-12-31
CLEARLAKE CAPITAL GROUP, L.P.	13.809%	255.151%	3,825,000	2,747,994	2024-06-30
BlackRock Inc	11.693%	4.331%	3,479,970	144,449	2024-12-31
Vanguard Group Inc	6.867%	-0.941%	2,043,566	-19,408	2024-12-31
Ridgemont Partners Management LLC	6.420%	0.000%	1,910,615	0	2024-12-31
LITTLEJOHN & CO LLC	5.560%	-0.661%	1,654,654	-11,006	2024-12-31
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	4.332%	0.000%	1,289,358	0	2024-12-31
State Street Corporation	4.526%	16.528%	1,253,626	177,810	2024-03-31
Irenic Capital Management LP	4.132%	0.000%	1,229,719	0	2024-12-31
Silvercrest Asset Management Group LLC	4.283%	-8.819%	1,129,531	-109,247	2023-12-31
State Street Corp	3.368%	6.277%	1,002,247	59,198	2024-12-31
Private Management Group Inc	3.251%	-4.808%	967,637	-48,877	2024-12-31
ArrowMark Colorado Holdings, LLC (ArrowMark Partne	3.739%	-21.865%	960,571	-268,802	2023-06-30
Ancora Advisors LLC	3.209%	-15.159%	954,890	-170,616	2024-12-31
Amvescap Plc.	2.956%	638.802%	818,689	707,876	2024-03-31
Morgan Stanley - Brokerage Accounts	2.590%	-6.746%	770,705	-55,751	2024-12-31
Charles Schwab Investment Management Inc	2.540%	11.830%	755,843	79,960	2024-12-31
Paralel Advisors LLC	2.520%	0.000%	750,000	0	2024-12-31
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
Goldentree Asset Management LP	2.395%	76.382%	712,667	308,619	2024-12-31
Royce & Associates, LP	2.739%	-7.052%	703,663	-53,386	2023-06-30
ALTA FOX CAPITAL MANAGEMENT, LLC	2.326%	-13.166%	692,144	-104,948	2024-12-31
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
Federated Hermes Inc	2.458%	712.477%	680,929	597,120	2024-06-30
J. Goldman & Co LP	2.267%	-10.151%	674,671	-76,225	2024-12-31
Ameriprise Financial Inc	2.624%	7.317%	673,369	45,912	2023-09-30
JPMorgan Chase & Co	2.258%	688.597%	653,842	570,930	2024-09-30
Pacer Advisors, INC.	2.443%	46.028%	645,931	203,597	2023-12-31
Geode Capital Management, LLC	1.859%	-0.555%	553,140	-3,085	2024-12-31
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
Point72 Asset Management, L.P.	1.558%	1,224.570%	463,600	428,600	2024-12-31
UBS Group AG	1.527%	657.297%	454,431	394,424	2024-12-31
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
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
Bank of America Corp	1.307%	-33.933%	389,093	-199,846	2024-12-31
P Schoenfeld Asset Mgmt LP(NY)	1.469%	28.687%	387,348	86,348	2023-12-31
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 69 mutual fund holders of FWRD own 84.93% of the company with a total of 23.2 million shares.

In the latest ownership report on February 28th 2025, the top 69 fund holders increased their combined ownership of FWRD by 111 thousand shares. 5 funds bought 120,844 total additional shares and increased their ownership by an average of 4.85%. However 5 funds sold 10,066 total shares and decreased their ownership by an average of 0.44%.

Overall this is a positive sign as the number of shares owned by the top 20 mutual funds holding Forward Air Corporation increased by a net total of 110,778 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	4.299%	-0.026%	1,279,510	-330	2025-02-28
SRH Total Return Fund	2.840%	12.696%	845,217	95,217	2025-02-28
Vanguard Total Stock Mkt Idx Inv	2.632%	0.000%	783,237	0	2025-02-28
iShares Russell 2000 ETF	2.149%	-1.162%	639,456	-7,519	2025-02-28
Schwab Fundamental U.S. Small CompanyETF	1.549%	0.000%	460,951	0	2025-02-28
Vanguard Small Cap Index	1.056%	0.080%	314,171	252	2025-02-28
Vanguard Institutional Extnd Mkt Idx Tr	1.020%	0.167%	303,635	506	2025-02-28
Penn Capital Small Cap Equity	0.961%	8.018%	285,865	21,220	2025-02-28
iShares Russell 2000 Value ETF	0.776%	-0.751%	231,022	-1,749	2025-02-28
Vanguard Small Cap Value Index Inv	0.697%	-0.130%	207,375	-270	2025-02-28
SPDR® Portfolio S&P 600™ Sm Cap ETF	0.605%	-0.110%	180,024	-198	2025-02-28
State St Russell Sm/Mid Cp® Indx NL Cl C	0.529%	0.000%	157,310	0	2025-02-28
Vanguard Tax-Managed Small Cap Adm	0.487%	0.000%	144,893	0	2025-02-28
iShares S&P Small-Cap 600 Value ETF	0.461%	0.000%	137,064	0	2025-02-28
Vanguard Russell 2000 ETF	0.386%	3.278%	114,969	3,649	2025-02-28

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	4.299%	-0.026%	1,279,510	-330	2025-02-28
Neuberger Berman Genesis Inv	3.780%	-3.253%	970,983	-32,643	2023-06-30
SRH Total Return Fund	2.840%	12.696%	845,217	95,217	2025-02-28
Vanguard Instl Ttl Stck Mkt Idx Tr	3.208%	0.447%	823,157	3,663	2023-03-31
Vanguard Total Stock Mkt Idx Inv	2.632%	0.000%	783,237	0	2025-02-28
iShares Russell 2000 ETF	2.149%	-1.162%	639,456	-7,519	2025-02-28
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
Schwab Fundamental U.S. Small CompanyETF	1.549%	0.000%	460,951	0	2025-02-28
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
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
Vanguard Small Cap Index	1.056%	0.080%	314,171	252	2025-02-28
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 Institutional Extnd Mkt Idx Tr	1.020%	0.167%	303,635	506	2025-02-28
Penn Capital Small Cap Equity	0.961%	8.018%	285,865	21,220	2025-02-28
SPDR® Portfolio S&P 600 Sm Cap ETF	1.029%	-0.144%	272,067	-392	2024-05-30
iShares S&P Small-Cap 600 Growth ETF	1.019%	0.000%	261,584	0	2023-11-30
Fidelity® Small Cap Index	0.983%	2.759%	252,276	6,773	2023-10-31
Fidelity Small Cap Index	0.843%	-1.345%	250,862	-3,420	2024-12-31
Thrivent Mid Cap Stock	0.972%	0.000%	249,786	0	2023-07-31
Cardinal Capital Mgt Small Cap Value Eq	0.903%	-1.403%	240,149	-3,417	2022-09-30
iShares Russell 2000 Value ETF	0.776%	-0.751%	231,022	-1,749	2025-02-28
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
Xtrackers MSCI World Swap ETF 1C	0.716%	0.000%	207,406	207,406	2024-11-30
Vanguard Small Cap Value Index Inv	0.697%	-0.130%	207,375	-270	2025-02-28
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
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
SPDR® Portfolio S&P 600™ Sm Cap ETF	0.605%	-0.110%	180,024	-198	2025-02-28
Ceredex Small Cap Value Equity	0.684%	49.499%	175,400	58,075	2023-09-30
Invesco Dorsey Wright IndustrialsMomtETF	0.596%	-0.389%	172,499	-674	2024-12-31
State St Russell Sm/Mid Cp® Indx NL Cl C	0.529%	0.000%	157,310	0	2025-02-28
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
Vanguard Tax-Managed Small Cap Adm	0.487%	0.000%	144,893	0	2025-02-28
iShares S&P Small-Cap 600 Value ETF	0.461%	0.000%	137,064	0	2025-02-28
ICON Natural Resources and Infras Instl	0.430%	0.000%	128,000	128,000	2024-12-31
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	0.386%	3.278%	114,969	3,649	2025-02-28
SPDR® S&P Transportation ETF	0.395%	-0.396%	114,292	-454	2025-01-31
PIMCO RAE US Small	0.379%	-0.574%	112,761	-651	2024-12-31
PIMCO RAE US Small Instl	0.379%	-0.574%	112,761	-651	2024-12-31
Fidelity Extended Market Index	0.367%	-1.497%	109,134	-1,658	2025-01-31
SPDR® S&P 600 Small Cap Value ETF	0.375%	0.000%	108,487	0	2024-11-30
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