TFS Capital’s Forward Air FWRD Stock Holding History

TFS Capital’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
2014 Q2	–	Sell	-23,755	Closed	-$1.09M	–	1195
2014 Q1	$1.09M	Buy	23,755 +10,680	+82%	+$472K	0.07%	414
2013 Q4	$574K	Sell	13,075 -59,419	-82%	-$2.47M	0.03%	765
2013 Q3	$2.92M	Sell	72,494 -13,033	-15%	-$497K	0.13%	209
2013 Q2	$3.27M	Buy	+85,527	New	+$3.24M	0.14%	190

Other funds holding FWRD

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

CWAM

Columbia Wanger Asset Management Chicago, Illinois $6.69B AUM 31.14% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

FMI

Fiduciary Management Inc Milwaukee, Wisconsin $8.06B AUM 6.78% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

TFS Capital's FWRD Position: Q2 2014 in Review

TFS Capital sold out of Forward Air (FWRD) in Q2 2014, closing a stake of 23,755 shares — an estimated $1.09M sold.

TFS Capital first reported a position in FWRD in Q2 2013 and held it in 4 quarters. The position peaked at $3.27M in Q2 2013. 158 funds tracked by Wall St. Rank hold FWRD as of Q2 2014.

TFS Capital reported no remaining Forward Air position as of Q2 2014 after selling out during the quarter.
TFS Capital sold 23,755 Forward Air shares in Q2 2014, an estimated $1.09M.
TFS Capital first reported a position in Forward Air in Q2 2013 and held it in 4 quarters.
TFS Capital's Forward Air position peaked at $3.27M in Q2 2013.
158 funds tracked by Wall St. Rank held Forward Air as of Q2 2014.

Based on TFS Capital's 13F filing for Q2 2014, filed 21 Jul 2014.