Hudson Bay Capital Management’s Forward Air FWRD Stock Holding History

Hudson Bay Capital Management’s Portfolio FWRD Stock Details FWRD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$913K	Sell	67,591 -199,166	-75%	-$2.97M	﹤0.01%	940
2026 Q1	$4.46M	Buy	266,757 +147,372	+123%	+$3.59M	0.02%	551
2025 Q4	$2.98M	Sell	119,385 -78,736	-40%	-$1.77M	0.01%	627
2025 Q3	$5.08M	Sell	198,121 -63,307	-24%	-$1.82M	0.02%	539
2025 Q2	$6.42M	Buy	261,428 +88,185	+51%	+$1.57M	0.02%	488
2025 Q1	$3.48M	Sell	173,243 -68,180	-28%	-$1.88M	0.01%	690
2024 Q4	$7.79M	Buy	241,423 +144,764	+150%	+$5.05M	0.03%	416
2024 Q3	$3.42M	Buy	96,659 +37,492	+63%	+$1.06M	0.01%	493
2024 Q2	$1.13M	Buy	59,167 +15,500	+35%	+$320K	0.01%	594
2024 Q1	$1.36M	Buy	+43,667	New	+$1.83M	0.01%	513
2023 Q3	–	Sell	-34,212	Closed	-$3.63M	–	854
2023 Q2	$3.63M	Buy	+34,212	New	+$3.5M	0.03%	385

Other funds holding FWRD

CCG

Clearlake Capital Group Santa Monica, California $529M AUM 50.26% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

BCL

Bracebridge Capital LLC Boston, Massachusetts $5.53B AUM 25.79% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

PMG

Private Management Group Irvine, California $3.8B AUM 23.19% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $62.3B AUM 44.64% 1-Year Est. Return

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

HRT Financial New York $54.8B AUM 81.03% 1-Year Est. Return

Barclays London, United Kingdom $521B AUM 51.41% 1-Year Est. Return

Hudson Bay Capital Management's FWRD Position: Q2 2026 in Review

Hudson Bay Capital Management reduced its Forward Air (FWRD) stake by 75% in Q2 2026, selling an estimated $2.97M and leaving 67,591 shares worth $913K. The position accounts for ﹤0.01% of the portfolio, ranked #940.

Hudson Bay Capital Management first reported a position in FWRD in Q2 2023 and has held it in 11 quarters since. The position peaked at $7.79M in Q4 2024. 186 funds tracked by Wall St. Rank hold FWRD as of Q2 2026.

Hudson Bay Capital Management held 67,591 shares of Forward Air worth $913K as of Q2 2026.
Hudson Bay Capital Management sold 199,166 Forward Air shares in Q2 2026, an estimated $2.97M.
Forward Air made up ﹤0.01% of Hudson Bay Capital Management's portfolio in Q2 2026, its #940 holding.
Hudson Bay Capital Management first reported a position in Forward Air in Q2 2023 and has held it in 11 quarters since.
Hudson Bay Capital Management's Forward Air position peaked at $7.79M in Q4 2024.
186 funds tracked by Wall St. Rank held Forward Air as of Q2 2026.

Based on Hudson Bay Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.