§ LOGISTICS & TRANSPORTATION
USD · Logistics & TransportationFWRD
FORWARD AIR CORP
USDSector · Logistics & TransportationBeta · 1.35
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
121 increased/new, 50 decreased/exited (13F)
AC 13F Analysis
§ 04 · FUNDAMENTALS · THE BOOKS
| P/B | 6.89 | EPS (TTM) | -2.93 |
| Dividend | 1.48% |
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| CLEARLAKE CAPITAL GROUP, L.P. | 3.8M | 9.4% | ±0% |
| BlackRock, Inc. | 3.7M | 0.0% | +9% |
| Irenic Capital Management LP | 1.2M | 1.3% | ±0% |
| PRIVATE MANAGEMENT GROUP INC | 1.2M | 0.6% | +24% |
| Fidelity Management | 1.1M | 0.0% | +13% |
| State Street | 1.1M | 0.0% | +11% |
◇ AC INTELLIGENCE
Top institutional owners for FWRD as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER92.5% · 0 holders
OTHER4.0% · 124 holders
DEALER / BANK1.2% · 22 holders
PASSIVE / INDEX1.2% · 7 holders
QUALITY / COMPOUNDER0.4% · 10 holders
SYSTEMATIC / QUANT0.3% · 7 holders
TACTICAL / MACRO0.3% · 4 holders
INCOME / DEFENSIVE0.1% · 13 holders
ACTIVIST0.0% · 1 holder
DEEP VALUE0.0% · 1 holder
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for FWRD in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention FWRD yet.