Forward Air
FWRD
182 hedge funds and large institutions have $1.29B invested in Forward Air in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 76 increasing their positions, 58 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
31% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 58
6% more funds holding
Funds holding: 172 → 182 (+10)
3% less capital invested
Capital invested by funds: $1.34B → $1.29B (-$45M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$13.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.57M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$5.93M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.77M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$5.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$22.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$22.3M |
| 3 |
DCM
Daruma Capital Management
New York
|
-$17.9M |
| 4 |
RA
Royce & Associates
New York
|
-$11.5M |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$4.9M |
FWRD Hedge Fund Activity: Q3 2016 in Review
182 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q3 2016, worth a combined $1.29B — down 3.4% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FWRD positions and 11 closed out — a net gain of 11 holders — while 76 added to existing stakes and 58 trimmed.
The largest buyer was Nordea Investment Management, opening a new position worth an estimated $13.8M. The largest seller was Mesirow Financial Investment Management - Fixed Income, exiting entirely with an estimated $22.8M sold.
- 182 institutional investors held Forward Air (FWRD) as of Q3 2016, up from 172 in Q2 2016.
- Funds reported $1.29B of Forward Air stock for Q3 2016, down 3.4% quarter-over-quarter.
- 22 funds opened new Forward Air positions in Q3 2016 and 11 closed out, a net change of +11 holders.
- The largest Forward Air buyer in Q3 2016 was Nordea Investment Management, an estimated $13.8M added.
- The largest Forward Air seller in Q3 2016 was Mesirow Financial Investment Management - Fixed Income, an estimated $22.8M sold.
Based on aggregated 13F filings for Q3 2016.