We are live on ! Find out more
FWRD icon

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
225
Holders Change
-39
Holders Change %
-14.77%
% of All Funds
3.24%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
47
Increased
94
Reduced
62
Closed
85
Calls
$12.1M
Puts
$33.2M
Net Calls
-$21.1M
Net Calls Change
+$11.7M

Top Buyers

1
Pacer Advisors
Pacer Advisors
Pennsylvania
+$62.1M
2
CCG
Clearlake Capital Group
California
+$45.1M
3
PMG
Private Management Group
California
+$41.7M
4
Invesco
Invesco
Georgia
+$29.6M
5
RPM
Ridgemont Partners Management
North Carolina
+$29.3M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$65.1M
2
SAM
Silvercrest Asset Management
New York
-$46.7M
3
Norges Bank
Norges Bank
Norway
-$43.3M
4
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
-$28M
5
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
-$25.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
ET
76
Entropy Technologies
New York
$1.15M +$703K +16,809 +83%
State Board of Administration of Florida Retirement System
77
State Board of Administration of Florida Retirement System
Florida
$1.13M +$126K +3,000 +40%
UBS AM
78
UBS AM
Illinois
$1.1M – – –
Canada Life
79
Canada Life
Manitoba, Canada
$1.1M +$237K +5,669 +19%
FC
80
FORA Capital
Florida
$1.07M +$1.44M +34,306 New
CAM
81
Cresset Asset Management
Illinois
$1.07M +$1.43M +34,270 New
KWM
82
Keebeck Wealth Management
Illinois
$1.06M +$318K +7,600 +29%
GCM
83
Graham Capital Management
Connecticut
$1.04M +$942K +22,508 +206%
NRD
84
Nebula Research & Development
New York
$981K +$1.14M +27,155 +620%
TCA
85
Troluce Capital Advisors
Puerto Rico
$908K +$1.22M +29,200 New
Royal Bank of Canada
86
Royal Bank of Canada
Ontario, Canada
$895K -$212K -5,058 -15%
CC
87
Centiva Capital
New York
$845K +$298K +7,132 +36%
TPSF
88
Texas Permanent School Fund
Texas
$835K +$196K +4,676 +21%
Thrivent Financial for Lutherans
89
Thrivent Financial for Lutherans
Minnesota
$831K +$161K +3,850 +17%
California State Teachers Retirement System (CalSTRS)
90
California State Teachers Retirement System (CalSTRS)
California
$799K -$60.6K -1,448 -5%
QEI
91
QSV Equity Investors
Illinois
$780K +$162K +3,878 +18%
CS
92
Credit Suisse
Switzerland
$776K – – –
OQS
93
Occudo Quantitative Strategies
Florida
$754K +$695K +16,610 +218%
YIH
94
Y-Intercept (HK)
Hong Kong
$712K +$648K +15,480 +209%
Fidelity Investments
95
Fidelity Investments
Massachusetts
$693K -$8.12M -193,975 -90%
TI
96
Tidal Investments
Wisconsin
$664K +$455K +10,877 +104%
T. Rowe Price Associates
97
T. Rowe Price Associates
Maryland
$641K +$227K +5,427 +36%
Victory Capital Management
98
Victory Capital Management
Texas
$594K -$2.24M -53,577 -74%
CT
99
ClearAlpha Technologies
Connecticut
$591K -$158K -3,786 -17%
SOADOR
100
State of Alaska Department of Revenue
Alaska
$583K +$125K +2,986 +19%
2 3
4
5 6

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.