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Forward Air
FWRD

Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$181M +$184M +3,800,754 +157,904%
Vanguard Group
2
Vanguard Group
Pennsylvania
$127M +$5.54M +114,244 +4%
ACH
3
ArrowMark Colorado Holdings
Colorado
$91.8M -$413K -8,515 -0.4%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$84.7M -$645K -13,300 -0.7%
Invesco
5
Invesco
Georgia
$75.8M -$2.96M -60,980 -4%
RA
6
Royce & Associates
New York
$69.2M -$8.76M -180,700 -11%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$57.3M +$1.12M +23,046 +2%
Victory Capital Management
8
Victory Capital Management
Texas
$53.3M +$1.31M +26,978 +2%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$51.6M +$324K +6,690 +0.6%
VVP
10
Vulcan Value Partners
Alabama
$50.9M +$615K +12,679 +1%
DCM
11
Daruma Capital Management
New York
$50.2M +$586K +12,095 +1%
VFA
12
Virtus Fund Advisers
Connecticut
$47.1M -$848K -17,487 -2%
State Street
13
State Street
Massachusetts
$36.9M +$1.14M +23,463 +3%
ACM
14
Atlanta Capital Management
Georgia
$33.8M -$2.91M -60,003 -8%
FAM
15
Fenimore Asset Management
New York
$29.3M -$893K -18,424 -3%
Goldman Sachs
16
Goldman Sachs
New York
$28.1M -$10.4M -213,532 -27%
RRAM
17
River Road Asset Management
Kentucky
$23.5M -$1.87M -38,630 -7%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$21.4M +$640K +13,190 +3%
Northern Trust
19
Northern Trust
Illinois
$21.2M +$74.5K +1,537 +0.3%
DRZID
20
DePrince Race & Zollo Inc (DRZ)
Florida
$17.9M +$4.46M +91,909 +32%
TCM
21
Tributary Capital Management
Nebraska
$15.6M +$3.1M +63,882 +24%
HRCM
22
Hawk Ridge Capital Management
California
$14M +$458K +9,450 +3%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$11.9M +$613K +12,650 +5%
Ameriprise
24
Ameriprise
Minnesota
$11.7M -$382K -7,886 -3%
Principal Financial Group
25
Principal Financial Group
Iowa
$11.7M +$491K +10,130 +4%
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