Forward Air
FWRD
193 hedge funds and large institutions have $493M invested in Forward Air in 2026 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 73 increasing their positions, 51 reducing their positions, and 35 closing their positions.
482% more call options, than puts
Call options by funds: $29.4M | Put options by funds: $5.06M
43% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 51
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.85% less ownership
Funds ownership: 95.19% → 93.34% (-1.8%)
4% less funds holding
Funds holding: 202 → 193 (-9)
17% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 35
34% less capital invested
Capital invested by funds: $744M → $493M (-$251M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.28M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.43M |
| 3 |
HF
HRT Financial
New York
|
+$6.2M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
+$5.52M |
| 5 |
Renaissance Technologies
New York
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
Littlejohn & Co
Greenwich,
Connecticut
|
-$41.2M |
| 2 |
Walleye Capital
New York
|
-$7.18M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$4.57M |
| 4 |
PAM
PSquared Asset Management
Zurich,
Switzerland
|
-$4.39M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$4.24M |
FWRD Hedge Fund Activity: Q1 2026 in Review
193 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Forward Air (FWRD) for Q1 2026, worth a combined $493M — down 34% from $744M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FWRD and 29 opened new positions — a net loss of 6 holders — while 51 trimmed existing stakes and 73 added.
The largest buyer was BlackRock, adding an estimated $7.28M. The largest seller was Littlejohn & Co, cutting an estimated $41.2M.
- 193 institutional investors held Forward Air (FWRD) as of Q1 2026, down from 202 in Q4 2025.
- Funds reported $493M of Forward Air stock for Q1 2026, down 34% quarter-over-quarter.
- 29 funds opened new Forward Air positions in Q1 2026 and 35 closed out, a net change of -6 holders.
- The largest Forward Air buyer in Q1 2026 was BlackRock, an estimated $7.28M added.
- The largest Forward Air seller in Q1 2026 was Littlejohn & Co, an estimated $41.2M sold.
Based on aggregated 13F filings for Q1 2026.