Hudson Bay Capital Management LP

Position in FWRD — Forward Air Corp

CIK 1393825 STAMFORD, CT

Back to FWRD Full portfolio

Position in FWRD

as of Mar 31, 2026 · filed May 13, 2026 Compact

Position Value

$4,457,508

+$1,472,883 QoQ

Shares Held

266,757

+123.4% QoQ

Ownership

0.843%

of shares outstanding

% of Portfolio

0.03%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Jun 2025

4 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Common Shares in FWRD Over Time

Shares Held

Position Value (USD)

Derivatives in FWRD

reported options exposure · as of Sep 30, 2025

CallValue

$6,540,764

CallShares

255,100

PutValue

PutShares

Notional value of option positions as reported on Form 13F. Calls and puts are disclosed separately and do not net against the common-share stake above.

Position in Integrated Freight & Logistics

Industrials · as of Mar 31, 2026

Hudson Bay Capital Management LP holds $46,548,326 across 8 Integrated Freight & Logistics names. FWRD ranks #4 (9.6% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	JBHT	Hunt J B Transport Services Inc	80,197	$16,993,744
2	GXO	GXO Logistics, Inc.	233,424	$12,103,034
3	FDX	Fedex Corp	25,002	$7,175,835
4	FWRD	Forward Air Corp This page	266,757	$4,457,508
5	LSTR	Landstar System Inc	14,220	$2,279,608
6	EXPD	Expeditors International Of Washington Inc	12,500	$1,790,375
7	CHRW	C. H. Robinson Worldwide, Inc.	7,800	$1,295,345
8	HUBG	Hub Group, Inc.	12,566	$452,877

All Filings in FWRD

Export CSV

5 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$4,457,508	266,757	+123.4%	Shares	Sole	2026-05-13
2025-12-31	$2,984,625	119,385	-53.2%	Shares	Sole	2026-02-13
2025-09-30	$6,540,764	255,100	+28.8%	Call	Sole	2025-12-15
2025-09-30	$5,079,821	198,121	-24.2%	Shares	Sole	2025-12-15
2025-06-30	$6,415,443	261,428	—	Shares	Sole	2025-08-18
No filing history on record for this holder in this stock.