Forward Air
FWRD
206 hedge funds and large institutions have $2.38B invested in Forward Air in 2021 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 58 increasing their positions, 85 reducing their positions, and 18 closing their positions.
56% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 18
15% more capital invested
Capital invested by funds: $2.07B → $2.38B (+$301M)
4% more funds holding
Funds holding: 199 → 206 (+7)
0.92% less ownership
Funds ownership: 98.11% → 97.19% (-0.92%)
32% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 85
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$32.9M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$20.6M |
| 3 |
JP Morgan Chase
New York
|
+$10M |
| 4 |
Neuberger Berman Group
New York
|
+$8.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$38.6M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$9.45M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$9M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$7.75M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$7.39M |
FWRD Hedge Fund Activity: Q1 2021 in Review
206 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q1 2021, worth a combined $2.38B — up 15% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FWRD positions and 18 closed out — a net gain of 10 holders — while 58 added to existing stakes and 85 trimmed.
The largest buyer was Cardinal Capital Management LLC (Connecticut), opening a new position worth an estimated $32.9M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $38.6M.
- 206 institutional investors held Forward Air (FWRD) as of Q1 2021, up from 199 in Q4 2020.
- Funds reported $2.38B of Forward Air stock for Q1 2021, up 15% quarter-over-quarter.
- 28 funds opened new Forward Air positions in Q1 2021 and 18 closed out, a net change of +10 holders.
- The largest Forward Air buyer in Q1 2021 was Cardinal Capital Management LLC (Connecticut), an estimated $32.9M added.
- The largest Forward Air seller in Q1 2021 was ArrowMark Colorado Holdings, an estimated $38.6M sold.
Based on aggregated 13F filings for Q1 2021.