Forward Air
FWRD
225 hedge funds and large institutions have $2.06B invested in Forward Air in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 89 increasing their positions, 77 reducing their positions, and 19 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
53% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 19
22% more capital invested
Capital invested by funds: $1.69B → $2.06B (+$377M)
16% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 77
4% more funds holding
Funds holding: 216 → 225 (+9)
1.02% more ownership
Funds ownership: 97.07% → 98.09% (+1%)
31% less call options, than puts
Call options by funds: $1.92M | Put options by funds: $2.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$38.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.8M |
| 3 |
ClearBridge Investments
New York
|
+$12.9M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$12M |
| 5 |
BlackRock
New York
|
+$8.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$25.7M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$22.3M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$10.5M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$8.51M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$8.23M |
FWRD Hedge Fund Activity: Q3 2018 in Review
225 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q3 2018, worth a combined $2.06B — up 22% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FWRD positions and 19 closed out — a net gain of 10 holders — while 89 added to existing stakes and 77 trimmed.
The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $38.2M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $25.7M sold.
- 225 institutional investors held Forward Air (FWRD) as of Q3 2018, up from 216 in Q2 2018.
- Funds reported $2.06B of Forward Air stock for Q3 2018, up 22% quarter-over-quarter.
- 29 funds opened new Forward Air positions in Q3 2018 and 19 closed out, a net change of +10 holders.
- The largest Forward Air buyer in Q3 2018 was Silvercrest Asset Management, an estimated $38.2M added.
- The largest Forward Air seller in Q3 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $25.7M sold.
Based on aggregated 13F filings for Q3 2018.