Forward Air Corp (FWRD) Institutional Ownership

Ownership Summary

Forward Air Corp (NASDAQ:FWRD) currently has 40 active institutional owners and shareholders as of today (December 2025), that have filed 13F forms with the Securities Exchange Commission (SEC).

• These investors collectively held 11.6% of the company's total shares outstanding in December 2025, down from 112.0% in September 2025.
• The company experienced a -0.52% quarterly change in institutional shares held, alongside a decrease of 81.13% in total owners annually.
• During the quarter, 18 institutions bought more Forward Air shares, 13 sold shares, and 9 of the 40 total investors held their position steady.
• Collectively, institutional investors decreased their stake in Forward Air to 3.14Mn shares as of December 2025, a change that is down by 16.57K shares quarter on quarter and down 30.14Mn shares year over year.
• With 2.34Mn shares, VANGUARD GROUP INC commands the largest institutional position in Forward Air as of December 31, 2025, equating to 8.65% of the company.
• Among the most significant buyers of Forward Air during December 2025 were SG Americas Securities, LLC (34.30K), Cambridge Investment Research Advisors, Inc. (9.29K), KLP KAPITALFORVALTNING AS (800), NISA INVESTMENT ADVISORS, LLC (308), State of Alaska, Department of Revenue (296).
• Leading sellers of Forward Air stock in December 2025 included UBS Group AG (49.33K), VANGUARD GROUP INC (11.18K), COMERICA BANK (1.11K), THRIVENT FINANCIAL FOR LUTHERANS (527), TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY (420).
• The top 10 institutional holders of Forward Air for the quarter ending December 2025 included VANGUARD GROUP INC (2.34Mn), UBS Group AG (491.83K), PRINCIPAL FINANCIAL GROUP INC (105.84K), SG Americas Securities, LLC (48.81K), NEW YORK STATE TEACHERS RETIREMENT SYSTEM (31.86K), THRIVENT FINANCIAL FOR LUTHERANS (15.24K), State of Alaska, Department of Revenue (11.30K), Louisiana State Employees Retirement System (10.20K), Cambridge Investment Research Advisors, Inc. (9.29K), HB Wealth Management, LLC (9.29K).