Forward Air
FWRD
216 hedge funds and large institutions have $1.43B invested in Forward Air in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 77 increasing their positions, 85 reducing their positions, and 38 closing their positions.
3.34% more ownership
Funds ownership: 97.08% → 100.43% (+3.3%)
9% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 85
9% less funds holding
Funds holding: 237 → 216 (-21)
25% less capital invested
Capital invested by funds: $1.91B → $1.43B (-$479M)
43% less call options, than puts
Call options by funds: $719K | Put options by funds: $1.27M
45% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 38
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$40.4M |
| 2 |
Morgan Stanley
New York
|
+$19M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.95M |
| 4 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$9.18M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$6.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$11.8M |
| 2 |
Man Group
London,
United Kingdom
|
-$10.1M |
| 3 |
BlackRock
New York
|
-$8.74M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$4.44M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HGWM
251
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$3K | -57 | Closed |
|
|
ZB
252
Zions Bancorporation
Salt Lake City,
Utah
| – | -$2K | -24 | Closed |
|
253
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -16 | Closed |
|
FWRD Hedge Fund Activity: Q1 2020 in Review
216 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q1 2020, worth a combined $1.43B — down 25% from $1.91B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of FWRD and 21 opened new positions — a net loss of 17 holders — while 85 trimmed existing stakes and 77 added.
The largest buyer was Victory Capital Management, adding an estimated $40.4M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $11.8M sold.
- 216 institutional investors held Forward Air (FWRD) as of Q1 2020, down from 237 in Q4 2019.
- Funds reported $1.43B of Forward Air stock for Q1 2020, down 25% quarter-over-quarter.
- 21 funds opened new Forward Air positions in Q1 2020 and 38 closed out, a net change of -17 holders.
- The largest Forward Air buyer in Q1 2020 was Victory Capital Management, an estimated $40.4M added.
- The largest Forward Air seller in Q1 2020 was Scopus Asset Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2020.