DOSSIER · 13F Holders · Q1 2026
FWRD

FORWARD AIR CORP

201 institutions still hold FORWARD AIR CORP as of Q1 2026. Tracked across SEC 13F-HR filings, with insider and 13D/G activity surfaced alongside.

CUSIP 34986A104·201 13F holders·last filed Mar 31, 2026
Market cap
13F value held
$418M
visible holders
Holders
201
filers reporting
Concentration
15.29%
CLEARLAKE CAPITAL GROUP, L.P. #1
top holder share
AI Holders Summary · Q1 2026

A single 87,100-share position initiated by Y-Intercept (Hong Kong) Ltd in Q2 2026 instantly established the quantitative firm as Forward Air Corp's (FWRD) primary institutional holder, representing $1.18 million or 38.06% of the company's $3.09 million in total tracked institutional capital. Outside Y-Intercept's new entry, institutional ownership across 18 tracked filers remains exceptionally thin and static. Independent Financial Group, LLC held $473,000 (35,035 shares) and Counterpoint Mutual Funds LLC held $453,000 (33,550 shares) with zero share changes, while GAMMA Investing LLC executed the quarter's largest outflow by trimming $19,000.

Y-Intercept (Hong Kong) Ltd's entry into Forward Air Corp (FWRD) during Q2 2026 dramatically altered the freight logistics provider's institutional ownership structure. Across 18 reporting institutional filers holding a combined $3.09 million in tracked equity, Y-Intercept's new $1.18 million stake (87,100 shares) accounts for nearly four out of every ten institutional dollars.

Institutional Buyer & Seller Breakdown

Top holders

Sorted by position value. Source: SEC EDGAR 13F-HR filings.

#HolderValueShares% port.Quarter
01
CLEARLAKE CAPITAL GROUP, L.P.
CIK 0001688282
$64M3.8M9.39%Q1 2026
02
BlackRock, Inc.
CIK 0002012383
$62M3.7M0.00%Q1 2026
03
Ridgemont Partners Management, LLC
CIK 0001594467
$50M1.9M100.00%Q3 2025
04
Irenic Capital Management LP
CIK 0001929389
$21M1.2M1.34%Q1 2026
05
PRIVATE MANAGEMENT GROUP INC
CIK 0001142031
$19M1.2M0.56%Q1 2026
06
FMR LLC
CIK 0000315066
$18M1.1M0.00%Q1 2026
07
STATE STREET CORP
CIK 0000093751
$18M1.1M0.00%Q1 2026
08
VANGUARD CAPITAL MANAGEMENT LLC
CIK 0002100119· Index
$17M1.0M0.00%Q1 2026
09
Paralel Advisors LLC
CIK 0001895911
$16M975K0.68%Q1 2026
10
CITADEL ADVISORS LLC
CIK 0001423053
$16M642K0.00%Q4 2025
11
Vanguard Portfolio Management
CIK 0002100121· Index
$15M898K0.00%Q1 2026
12
JANE STREET GROUP, LLC
CIK 0001595888· Market maker
$15M879K0.00%Q1 2026
13
Melqart Asset Management (UK) Ltd
CIK 0001712901
$15M878K1.45%Q1 2026
14
UBS Group AG
CIK 0001610520
$13M756K0.00%Q1 2026
15
CIBC WORLD MARKET INC.
CIK 0001421224
$12M734K0.02%Q1 2026
16
LITTLEJOHN & CO LLC
CIK 0001042537
$12M733K11.60%Q1 2026
17
GOLDMAN SACHS GROUP INC
CIK 0000886982
$10M621K0.00%Q1 2026
18
GEODE CAPITAL MANAGEMENT, LLC
CIK 0001214717· Index
$9M552K0.00%Q1 2026
19
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
CIK 0000884546· Index
$8M498K0.00%Q1 2026
20
BNP PARIBAS FINANCIAL MARKETS
CIK 0001166588
$8M480K0.00%Q1 2026
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Insiders at FORWARD AIR CORP
Svindland Paul C.Lorrain Jerome Jean-PierreFaught James R.Herren Jessica LOsborne Timothy RSmith Douglas JamesBrandt Eric FrederickHance Michael L