Caption Management, LLC

Position in FWRD — Forward Air Corp

CIK 1706766 OKLAHOMA CITY, OK

Back to FWRD Full portfolio

Position in FWRD

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$24,814

-$2,649,861 QoQ

Shares Held

1,485

-98.6% QoQ

Ownership

0.005%

of shares outstanding

% of Portfolio

0.00%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Dec 2025

2 quarters on record

Voting authority Sole 100% Shared 0% None 0%

Common Shares in FWRD Over Time

Shares Held

Position Value (USD)

Derivatives in FWRD

reported options exposure · as of Dec 31, 2025

CallValue

$4,667,500

CallShares

186,700

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

Caption Management, LLC holds $17,339,129 across 3 Integrated Freight & Logistics names. FWRD ranks #3 (0.1% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	GXO	GXO Logistics, Inc.	270,000	$13,999,500
2	HUBG	Hub Group, Inc.	91,976	$3,314,815
3	FWRD	Forward Air Corp This page	1,485	$24,814

All Filings in FWRD

Export CSV

3 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$24,814	1,485	-99.2%	Shares	Sole	2026-05-15
2025-12-31	$4,667,500	186,700	+74.5%	Call	Sole	2026-02-17
2025-12-31	$2,674,675	106,987	—	Shares	Sole	2026-02-17
No filing history on record for this holder in this stock.