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Forward Air

194 hedge funds and large institutions have $672M invested in Forward Air in 2025 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 59 increasing their positions, 71 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.7% less ownership

Funds ownership: 114.55%109.85% (-4.7%)

8% less funds holding

Funds holding: 210194 (-16)

17% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 71

33% less call options, than puts

Call options by funds: $21.4M | Put options by funds: $31.8M

37% less capital invested

Capital invested by funds: $1.07B → $672M (-$399M)

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

40% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 40

Holders
194
Holders Change
-16
Holders Change %
-7.62%
% of All Funds
2.6%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.08%
New
24
Increased
59
Reduced
71
Closed
40
Calls
$21.4M
Puts
$31.8M
Net Calls
-$10.5M
Net Calls Change
-$6.36M
Name Holding Trade Value Shares
Change
Change in
Stake
PHK
151
Point72 Hong Kong
Hong Kong
$15.6K +$21.4K +774 New
EA
152
Emerald Advisers
Pennsylvania
$11.8K
AIM
153
Anchor Investment Management
South Carolina
$11.4K
VCM
154
Versant Capital Management
Arizona
$11.1K -$5.99K -217 -28%
Fifth Third Bancorp
155
Fifth Third Bancorp
Ohio
$10.8K +$9.32K +338 +168%
NSG
156
Nalls Sherbakoff Group
Tennessee
$10K +$13.8K +500 New
S
157
SignatureFD
Georgia
$9.88K -$4.58K -166 -25%
SCM
158
Sterling Capital Management
North Carolina
$8.68K -$10.2K -371 -46%
AF
159
Allworth Financial
California
$7.25K -$1.3K -47 -9%
Bessemer Group
160
Bessemer Group
New Jersey
$7K -$607 -22 -6%
NSIM
161
North Star Investment Management
Illinois
$6.63K
EWA
162
EverSource Wealth Advisors
Alabama
$5.1K -$331 -12 -5%
HIIFS
163
Harel Insurance Investments & Financial Services
Israel
$4K -$579 -21 -9%
MPWT
164
MassMutual Private Wealth & Trust
Connecticut
$3.6K +$3.89K +141 +371%
SPIA
165
Steward Partners Investment Advisory
New York
$3.03K
Jones Financial Companies
166
Jones Financial Companies
Missouri
$2.61K
BIG
167
Brooklyn Investment Group
New York
$2.39K +$3.01K +109 +1,090%
UB
168
UMB Bank
Missouri
$1.65K -$193 -7 -8%
ME
169
McIlrath & Eck
Washington
$1.41K
CFB
170
Cullen/Frost Bankers
Texas
$1.35K +$1.85K +67 New
CIBC Private Wealth Group
171
CIBC Private Wealth Group
Georgia
$1.1K
CCM
172
Coldstream Capital Management
Washington
$1.06K +$1.46K +53 New
PS
173
Principal Securities
Iowa
$968
SC
174
SouthState Corp
Florida
$704 +$965 +35 New
SAM
175
Smartleaf Asset Management
Massachusetts
$642 -$4.36K -158 -84%

FWRD Hedge Fund Activity: Q1 2025 in Review

194 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q1 2025, worth a combined $672M — down 37% from $1.07B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of FWRD and 24 opened new positions — a net loss of 16 holders — while 71 trimmed existing stakes and 59 added.

The largest buyer was Littlejohn & Co, adding an estimated $32M. The largest seller was MFN Partners, exiting entirely with an estimated $41.6M sold.

  • 194 institutional investors held Forward Air (FWRD) as of Q1 2025, down from 210 in Q4 2024.
  • Funds reported $672M of Forward Air stock for Q1 2025, down 37% quarter-over-quarter.
  • 24 funds opened new Forward Air positions in Q1 2025 and 40 closed out, a net change of -16 holders.
  • The largest Forward Air buyer in Q1 2025 was Littlejohn & Co, an estimated $32M added.
  • The largest Forward Air seller in Q1 2025 was MFN Partners, an estimated $41.6M sold.

Based on aggregated 13F filings for Q1 2025.