Forward Air
FWRD
264 hedge funds and large institutions have $1.67B invested in Forward Air in 2023 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 92 increasing their positions, 87 reducing their positions, and 37 closing their positions.
46% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 37
5% more funds holding
Funds holding: 251 → 264 (+13)
4.35% more ownership
Funds ownership: 99.13% → 103.48% (+4.3%)
6% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 87
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $1.76B → $1.67B (-$87.3M)
66% less call options, than puts
Call options by funds: $16.7M | Put options by funds: $49.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$125M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$41.5M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$13.7M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$13M |
| 5 |
Millennium Management
New York
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$49.9M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$41.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$39.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$35M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$25.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Lazard Asset Management
New York
| – | +$1.01K | +15 | New |
|
FWRD Hedge Fund Activity: Q4 2023 in Review
264 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q4 2023, worth a combined $1.67B — down 5% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new FWRD positions and 37 closed out — a net gain of 17 holders — while 92 added to existing stakes and 87 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $125M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $49.9M sold.
- 264 institutional investors held Forward Air (FWRD) as of Q4 2023, up from 251 in Q3 2023.
- Funds reported $1.67B of Forward Air stock for Q4 2023, down 5% quarter-over-quarter.
- 54 funds opened new Forward Air positions in Q4 2023 and 37 closed out, a net change of +17 holders.
- The largest Forward Air buyer in Q4 2023 was Morgan Stanley, an estimated $125M added.
- The largest Forward Air seller in Q4 2023 was Assenagon Asset Management, an estimated $49.9M sold.
Based on aggregated 13F filings for Q4 2023.