Forward Air
FWRD
225 hedge funds and large institutions have $882M invested in Forward Air in 2024 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 94 increasing their positions, 62 reducing their positions, and 85 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
52% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 62
6.84% more ownership
Funds ownership: 103.48% → 110.32% (+6.8%)
15% less funds holding
Funds holding: 264 → 225 (-39)
45% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 85
47% less capital invested
Capital invested by funds: $1.67B → $882M (-$787M)
63% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $33.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$62.1M |
| 2 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
+$45.1M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
+$41.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$29.6M |
| 5 |
RPM
Ridgemont Partners Management
Charlotte,
North Carolina
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$65.1M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$46.7M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$43.3M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$28M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$25.8M |
FWRD Hedge Fund Activity: Q1 2024 in Review
225 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q1 2024, worth a combined $882M — down 47% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of FWRD and 47 opened new positions — a net loss of 38 holders — while 62 trimmed existing stakes and 94 added.
The largest buyer was Pacer Advisors, adding an estimated $62.1M. The largest seller was Morgan Stanley, cutting an estimated $65.1M.
- 225 institutional investors held Forward Air (FWRD) as of Q1 2024, down from 264 in Q4 2023.
- Funds reported $882M of Forward Air stock for Q1 2024, down 47% quarter-over-quarter.
- 47 funds opened new Forward Air positions in Q1 2024 and 85 closed out, a net change of -38 holders.
- The largest Forward Air buyer in Q1 2024 was Pacer Advisors, an estimated $62.1M added.
- The largest Forward Air seller in Q1 2024 was Morgan Stanley, an estimated $65.1M sold.
Based on aggregated 13F filings for Q1 2024.