Forward Air
FWRD
166 hedge funds and large institutions have $1.54B invested in Forward Air in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 73 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
10% more capital invested
Capital invested by funds: $1.4B → $1.54B (+$138M)
2% more funds holding
Funds holding: 163 → 166 (+3)
38% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$19.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.93M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.72M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$6.55M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$6.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$21.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$12.1M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$8.5M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$6.33M |
| 5 |
RA
Royce & Associates
New York
|
-$5.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
176
Virtu KCG Holdings
New York
| – | -$219K | -4,883 | Closed |
|
|
NCCM
177
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$215K | -4,800 | Closed |
|
|
CSS
178
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$134K | -2,979 | Closed |
|
179
BNP Paribas Financial Markets
Paris,
France
| – | -$84.7K | -1,889 | Closed |
|
|
WA
180
Waverly Advisors
Birmingham,
Alabama
| – | -$5K | -111 | Closed |
|
FWRD Hedge Fund Activity: Q4 2014 in Review
166 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q4 2014, worth a combined $1.54B — up 9.9% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FWRD positions and 14 closed out — a net gain of 6 holders — while 45 added to existing stakes and 73 trimmed.
The largest buyer was Fiduciary Management Associates, opening a new position worth an estimated $19.2M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $21.4M.
- 166 institutional investors held Forward Air (FWRD) as of Q4 2014, up from 163 in Q3 2014.
- Funds reported $1.54B of Forward Air stock for Q4 2014, up 9.9% quarter-over-quarter.
- 20 funds opened new Forward Air positions in Q4 2014 and 14 closed out, a net change of +6 holders.
- The largest Forward Air buyer in Q4 2014 was Fiduciary Management Associates, an estimated $19.2M added.
- The largest Forward Air seller in Q4 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $21.4M sold.
Based on aggregated 13F filings for Q4 2014.