Forward Air
FWRD
251 hedge funds and large institutions have $1.76B invested in Forward Air in 2023 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 78 increasing their positions, 89 reducing their positions, and 51 closing their positions.
14% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 51
2% more funds holding
Funds holding: 245 → 251 (+6)
1.63% more ownership
Funds ownership: 97.5% → 99.13% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 89
34% less capital invested
Capital invested by funds: $2.68B → $1.76B (-$921M)
84% less call options, than puts
Call options by funds: $7.82M | Put options by funds: $49.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$65.6M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$63.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$53.6M |
| 4 |
Morgan Stanley
New York
|
+$37.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$35.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$137M |
| 2 |
Neuberger Berman Group
New York
|
-$117M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$102M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$59.9M |
| 5 |
RA
Royce & Associates
New York
|
-$49.5M |
FWRD Hedge Fund Activity: Q3 2023 in Review
251 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q3 2023, worth a combined $1.76B — down 34% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new FWRD positions and 51 closed out — a net gain of 7 holders — while 78 added to existing stakes and 89 trimmed.
The largest buyer was Ancora Advisors, opening a new position worth an estimated $65.6M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $137M.
- 251 institutional investors held Forward Air (FWRD) as of Q3 2023, up from 245 in Q2 2023.
- Funds reported $1.76B of Forward Air stock for Q3 2023, down 34% quarter-over-quarter.
- 58 funds opened new Forward Air positions in Q3 2023 and 51 closed out, a net change of +7 holders.
- The largest Forward Air buyer in Q3 2023 was Ancora Advisors, an estimated $65.6M added.
- The largest Forward Air seller in Q3 2023 was Thrivent Financial for Lutherans, an estimated $137M sold.
Based on aggregated 13F filings for Q3 2023.