Forward Air
FWRD
172 hedge funds and large institutions have $1.34B invested in Forward Air in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 73 increasing their positions, 43 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
70% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 43
8% more funds holding
Funds holding: 160 → 172 (+12)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $1.4B → $1.34B (-$62.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$23.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.79M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$7.4M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$3.99M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$49.1M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$20.5M |
| 3 |
FAM
Fred Alger Management
New York
|
-$8.27M |
| 4 |
RA
Royce & Associates
New York
|
-$3.92M |
| 5 |
ACM
American Capital Management
New York
|
-$3.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOACM
176
Mutual of America Capital Management
New York
| – | -$1.03M | -22,814 | Closed |
|
|
AL
177
Aspiriant LLC
Los Angeles,
California
| – | -$515K | -11,373 | Closed |
|
178
ProShare Advisors
Bethesda,
Maryland
| – | -$204K | -4,491 | Closed |
|
|
CSS
179
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$41K | -898 | Closed |
|
|
UFA
180
US Financial Advisors
Braintree,
Massachusetts
| – | -$1K | -15 | Closed |
|
|
BWA
181
Burt Wealth Advisors
North Bethesda,
Maryland
| – | -$1K | -12 | Closed |
|
FWRD Hedge Fund Activity: Q2 2016 in Review
172 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q2 2016, worth a combined $1.34B — down 4.4% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FWRD positions and 11 closed out — a net gain of 15 holders — while 73 added to existing stakes and 43 trimmed.
The largest buyer was Mesirow Financial Investment Management - Fixed Income, opening a new position worth an estimated $23.1M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $49.1M sold.
- 172 institutional investors held Forward Air (FWRD) as of Q2 2016, up from 160 in Q1 2016.
- Funds reported $1.34B of Forward Air stock for Q2 2016, down 4.4% quarter-over-quarter.
- 26 funds opened new Forward Air positions in Q2 2016 and 11 closed out, a net change of +15 holders.
- The largest Forward Air buyer in Q2 2016 was Mesirow Financial Investment Management - Fixed Income, an estimated $23.1M added.
- The largest Forward Air seller in Q2 2016 was Columbia Wanger Asset Management, an estimated $49.1M sold.
Based on aggregated 13F filings for Q2 2016.