North Star Investment Management Corp. FWRD — FORWARD AIR CORP

Ownership history in North Star Investment Management Corp.  ·  9 quarters on record

AI Ownership Summary

North Star Investment Management Corp. reported FORWARD AIR CORP (FWRD) in 9 quarterly 13F filings from 2024 Q1 through 2026 Q1. The latest visible filing shows FWRD at 0.00% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this FWRD ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was North Star Investment Management Corp.'s position in FORWARD AIR CORP, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

FWRD was reported at 0.00% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.0% in 2024 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

FWRD stock page North Star Investment Management Corp. fund profile North Star Investment Management Corp. full holdings
How North Star Investment Management Corp. held FWRD — position size vs. price
% of Fund (quarterly)    FWRD price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 9 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 ADDED — — — 260 +20 +8.3% 0.00% $4K 2026-04-23 $22.75
2025 Q4 UNCHANGED — — — 240 — 0% 0.00% $6K 2026-01-30 $27.88
2025 Q3 REDUCED 27.3% -0.4% ✅ 240 -90 -27.3% 0.00% $6K 2025-10-22 $19.02
2025 Q2 UNCHANGED — — — 330 — 0% 0.00% $8K 2025-07-15 $27.27
2025 Q1 UNCHANGED — — — 330 — 0% 0.00% $7K 2025-04-17 $15.63
2024 Q4 UNCHANGED — — — 330 — 0% 0.00% $11K 2025-02-10 $32.06
2024 Q3 UNCHANGED — — — 330 — 0% 0.00% $12K 2024-10-30 $37.28
2024 Q2 ADDED — — — 330 +70 +26.9% 0.00% $6K 2024-08-06 $21.37
2024 Q1 INITIATED — — — 260 — — 0.00% $8K 2024-04-30 $22.02

🏢 Other funds also holding FWRD

As of 2026 Q1 — sorted by position size

LITTLEJOHN & CO LLC 3Y 11.6% CLEARLAKE CAPITAL GROUP, L.P. 3Y 9.39% AlpInvest Partners B.V. 3Y 7Y 3.47% Mill Road Capital Management LLC 3Y 7Y 1.99% Melqart Asset Management (UK) Ltd 3Y 7Y 1.45% Rangeley Capital, LLC 1.38% Irenic Capital Management LP 3Y 1.34% Paralel Advisors LLC 3Y 0.68% Diametric Capital, LP 3Y 7Y 0.61% PRIVATE MANAGEMENT GROUP INC 3Y 7Y 0.56%

FAQ About North Star Investment Management Corp. and FWRD

These are the practical questions this page is built to answer before you even open the full history table.

How long has North Star Investment Management Corp. reported owning FWRD?

North Star Investment Management Corp. reported FWRD across 9 quarterly 13F filings, from 2024 Q1 through 2026 Q1.

What was the largest reported FWRD position in North Star Investment Management Corp.'s portfolio?

The largest reported portfolio weight for FWRD was 0.00% in 2024 Q3.

What is the latest reported FWRD position on this page?

The most recent filing on this page is 2026 Q1, when North Star Investment Management Corp. reported 260 shares, equal to 0.00% of portfolio, with an estimated market value of $4K.

What does the chart on this FWRD ownership page compare?

The chart compares North Star Investment Management Corp.'s quarterly FWRD portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did North Star Investment Management Corp. time their FWRD position?

Based on 13F filing dates vs. subsequent FWRD price moves, North Star Investment Management Corp. correctly timed 1 out of 3 reported position changes (33%). The annualised alpha on FWRD relative to SPY over the holding period was -15.6%.

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