Forward Air
FWRD
208 hedge funds and large institutions have $1.17B invested in Forward Air in 2024 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 44 increasing their positions, 84 reducing their positions, and 32 closing their positions.
84% more capital invested
Capital invested by funds: $636M → $1.17B (+$531M)
53% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 32
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
9% more funds holding
Funds holding: 191 → 208 (+17)
7.34% less ownership
Funds ownership: 126.34% → 119% (-7.3%)
20% less call options, than puts
Call options by funds: $73.3M | Put options by funds: $92M
48% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$36.9M |
| 2 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$22.6M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$21.3M |
| 4 |
GAM
Goldentree Asset Management
New York
|
+$11.5M |
| 5 |
MP
MFN Partners
Boston,
Massachusetts
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$33.9M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$16.4M |
| 3 |
LC
Littlejohn & Co
Greenwich,
Connecticut
|
-$16.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$9.58M |
FWRD Hedge Fund Activity: Q3 2024 in Review
208 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q3 2024, worth a combined $1.17B — up 84% from $636M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new FWRD positions and 32 closed out — a net gain of 17 holders — while 44 added to existing stakes and 84 trimmed.
The largest buyer was Scopus Asset Management, opening a new position worth an estimated $36.9M. The largest seller was BlackRock, cutting an estimated $33.9M.
- 208 institutional investors held Forward Air (FWRD) as of Q3 2024, up from 191 in Q2 2024.
- Funds reported $1.17B of Forward Air stock for Q3 2024, up 84% quarter-over-quarter.
- 49 funds opened new Forward Air positions in Q3 2024 and 32 closed out, a net change of +17 holders.
- The largest Forward Air buyer in Q3 2024 was Scopus Asset Management, an estimated $36.9M added.
- The largest Forward Air seller in Q3 2024 was BlackRock, an estimated $33.9M sold.
Based on aggregated 13F filings for Q3 2024.