Forward Air Ownership | Who Owns Forward Air?

Overview Forecast RevenueFinancials Chart Transcripts

Forward Air Ownership Summary

Forward Air is owned by 53.14% institutional investors, 1.99% insiders, and 44.87% retail investors. Blackrock is the largest institutional shareholder, holding 17.25% of FWRD shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 4.06% of its assets in Forward Air shares.

FWRD Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Forward Air	53.14%	1.99%	44.87%
Sector	Industrials Stocks	46.77%	12.62%	40.60%
Industry	Logistics Stocks	50.01%	11.95%	38.05%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock	4.53M	17.25%	$86.24M
Clearlake capital group	3.83M	12.57%	$98.07M
Blackrock funding, inc. /de	3.22M	10.59%	$82.60M
Littlejohn	2.75M	9.05%	$70.57M
Vanguard group	2.35M	7.73%	$60.35M
Ridgemont partners management	1.94M	6.37%	$49.68M
Ancora advisors	1.48M	4.85%	$37.82M
Irenic capital management lp	1.23M	4.04%	$31.53M
Paralel advisors	975.00K	3.20%	$25.00M
J. goldman & co lp	955.64K	3.14%	$24.50M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Ridgemont partners management	1.94M	100.00%	$49.68M
Littlejohn	2.75M	35.60%	$70.57M
Clearlake capital group	3.83M	9.16%	$98.07M
Alpinvest partners b.v.	103.33K	7.61%	$3.03M
Irenic capital management lp	1.23M	3.30%	$31.53M
Mill road capital management	127.65K	1.70%	$3.27M
Psquared asset management	69.30K	1.41%	$1.78M
Union square park capital management	150.00K	1.37%	$3.85M
Melqart asset management (uk)	382.39K	1.31%	$9.80M
Paralel advisors	975.00K	0.97%	$25.00M

Top Buyers

Holder	Shares	% Assets	Change
Bank of america corp /de/	694.88K	0.00%	534.54K
Melqart asset management (uk)	382.39K	1.31%	382.39K
Allianz asset management gmbh	323.50K	0.01%	323.50K
Vanguard group	2.35M	0.00%	307.91K
Rothschild investment	270.06K	0.39%	269.99K

Top Sellers

Holder	Shares	% Assets	Change
Pacer advisors	-	-	-2.13M
Scopus asset management	-	-	-1.30M
Mfn partners management, lp	-	-	-1.29M
Goldentree asset management lp	-	-	-712.67K
Alta fox capital management	-	-	-692.14K

New Positions

Holder	Shares	% Assets	Change	Value
Melqart asset management (uk)	382.39K	1.31%	382.39K	$9.80M
Allianz asset management gmbh	323.50K	0.01%	323.50K	$8.29B
Walleye capital	189.16K	0.02%	189.16K	$4.85M
Oasis management	173.43K	0.43%	173.43K	$4.45M
Tig advisors	134.80K	0.21%	134.80K	$3.46M

Sold Out

Holder	Change
Dinuzzo private wealth	-1.00
Sjs investment consulting	-1.00
Tfo-tdc	-1.00
Advisor group	-3.00
Mendota financial group	-3.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Sep 30, 2025	95	-51.03%	16,169,195	-50.58%	53	0.46%	51	-45.74%	25	-56.14%
Jun 30, 2025	5	-97.69%	13,391	-99.96%	-	0.00%	2	-97.56%	1	-98.63%
Mar 31, 2025	18	-92.21%	6,238,263	-81.19%	20	0.15%	8	-92.66%	3	-95.24%
Dec 31, 2024	100	-57.63%	14,179,348	-56.96%	50	0.36%	50	-46.24%	27	-68.60%
Sep 30, 2024	234	11.43%	32,935,312	-1.44%	117	0.73%	93	-19.83%	84	40.00%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
iShares Core S&P Small-Cap ETF	1.25M	4.06%	-
SRH Total Return Fund	975.00K	3.19%	-
Vanguard US Total Market Shares ETF	776.69K	2.55%	-
Vanguard Total Stock Mkt Idx Inv	766.25K	2.50%	-16.99K
iShares Russell 2000 ETF	596.46K	1.94%	-
Fidelity Value	587.70K	1.91%	-
Federated Hermes MDT SCC Institutional	456.50K	1.65%	402.13K
Federated Hermes MDT Small Cap Core IS	456.50K	1.65%	402.13K
Schwab Fundamental U.S. Small CompanyETF	321.02K	1.04%	1.29K
Vanguard Small Cap Index	294.62K	0.96%	-2.05K

Recent Insider Transactions

Date	Name	Role	Activity	Value
May 05, 2021	BONEBRAKE VALERIE A	-	Sell	$24.41K
Aug 25, 2023	MITCHIN KYLE R	Chief People Officer	Buy	$75.01K
Aug 22, 2023	Ronning Nancee L	Chief Commercial Officer	Buy	$20.36K
Aug 25, 2023	RUBLE CHRIS C	Chief Operating Officer	Buy	$99.99K
Aug 18, 2023	POLIT JAVIER	-	Buy	$64.59K

Insider Transactions Trends

Date	Buy	Sell
2025 Q4	-	-
2025 Q3	-	-
2025 Q2	-	-
2025 Q1	-	-
2024 Q4	-	-

FWRD Ownership FAQ

Who Owns Forward Air?

Forward Air shareholders are primarily institutional investors at 53.14%, followed by 1.99% insiders and 44.87% retail investors. The average institutional ownership in Forward Air's industry, Logistics Stocks, is 50.01%, which Forward Air exceeds.

Who owns the most shares of Forward Air?

Forward Air’s largest shareholders are Blackrock (4.53M shares, 17.25%), Clearlake capital group (3.82M shares, 12.57%), and Blackrock funding, inc. /de (3.22M shares, 10.59%). Together, they hold 40.41% of Forward Air’s total shares outstanding.

Does Blackrock own Forward Air?

Yes, BlackRock owns 17.25% of Forward Air, totaling 4.53M shares as of Jun 2024. This represents 0.00% of BlackRock's total assets, with a market value of 86.24M$. In the last quarter, BlackRock decreased its holdings by -156K shares, a -3.32% change.

Who is Forward Air’s biggest shareholder by percentage of total assets invested?

Ridgemont partners management is Forward Air’s biggest shareholder by percentage of total assets invested, with 100.00% of its assets in 1.94M Forward Air shares, valued at 49.68M$.

Who is the top mutual fund holder of Forward Air shares?

iShares Core S&P Small-Cap ETF is the top mutual fund holder of Forward Air shares, with 4.06% of its total shares outstanding invested in 1.25M Forward Air shares.

Try Tickergate Pro Free

Customize Everything. 100% Flexibility. Fast and Easy to Use (No code or Excel Needed)

Customize your own personal stocks lists, views and charts
Choose from hundreds of fields, up to 15 years of history
Conduct deep comparison analysis

Discover trending investment themes
Find your next best investment
Research stocks using tools