Forward Air CORP (FWRD) 13F Filing Data & Analysis (Q2 2026)

FWRD ranks #3130 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

FWRD is a top-conviction position for Clearlake Capital Group, L.p. — at 9.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

BNP Paribas Financial Markets has added to its FWRD position for two straight quarters, increasing it by $8.0M to reach $8.1M today.

BlackRock has trimmed its FWRD position for two straight quarters, cutting it by $47.5M while still holding $37.5M.

FWRD is up 1.3% today, and institutions have been net buyers of $99.4M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

FWRD reported a net loss of $286.2M over the trailing twelve months.

• Not yet profitable — net loss of $286.2M over the trailing twelve months
• Revenue declined 0.1% year over year
• Net income declined year over year, from -$173.0M to -$286.2M
• Generated $44.4M in positive operating cash flow
• Current ratio of 1.22x — below the conventional 1.5x liquidity buffer
• Liabilities run 23.99x equity — a highly leveraged balance sheet worth noting