Forward Air
FWRD
166 hedge funds and large institutions have $1.35B invested in Forward Air in 2015 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 62 increasing their positions, 57 reducing their positions, and 30 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 57
4% less funds holding
Funds holding: 173 → 166 (-7)
18% less capital invested
Capital invested by funds: $1.66B → $1.35B (-$304M)
20% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 30
25% less call options, than puts
Call options by funds: $971K | Put options by funds: $1.3M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$50.2M |
| 2 |
DCM
Daruma Capital Management
New York
|
+$28.9M |
| 3 |
RA
Royce & Associates
New York
|
+$25.9M |
| 4 |
Goldman Sachs
New York
|
+$20M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$59.3M |
| 2 |
IP
Interval Partners
New York
|
-$15.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.46M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
-$7.58M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.62M |
FWRD Hedge Fund Activity: Q3 2015 in Review
166 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q3 2015, worth a combined $1.35B — down 18% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FWRD and 24 opened new positions — a net loss of 6 holders — while 57 trimmed existing stakes and 62 added.
The largest buyer was Virtus Fund Advisers, opening a new position worth an estimated $50.2M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, exiting entirely with an estimated $59.3M sold.
- 166 institutional investors held Forward Air (FWRD) as of Q3 2015, down from 173 in Q2 2015.
- Funds reported $1.35B of Forward Air stock for Q3 2015, down 18% quarter-over-quarter.
- 24 funds opened new Forward Air positions in Q3 2015 and 30 closed out, a net change of -6 holders.
- The largest Forward Air buyer in Q3 2015 was Virtus Fund Advisers, an estimated $50.2M added.
- The largest Forward Air seller in Q3 2015 was Barrow, Hanley, Mewhinney & Strauss, an estimated $59.3M sold.
Based on aggregated 13F filings for Q3 2015.