Finward Bancorp
- SEC CIK
- 0000919864
- Latest filing
- Jul 16, 2026
The latest 13F from Finward Bancorp covers Q2 2026 (filed Jul 16, 2026): 107 long positions worth $131.9M. The top 10 holdings make up 44.8% of the portfolio, and the largest is Vanguard S&P 500 ETF at 6.6%. Livermore has 7 filings on Form 13F from this institution, going back to Q4 2024.
What changed in Q2 2026
Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 9
- Est. +$3.23M
- Added
- 18
- Est. +$1.95M
- Reduced
- 28
- Est. −$2.51M
- Sold out
- 6
- Est. −$7.06M
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard S&P 500 ETF9229083636.6%$8.64M
- Flexshares Tr33939L7616.4%$8.49M
- State Street SPDR Bloomberg Convertible Securities ETF78464A3595.7%$7.57M
- MSFTMicrosoft Corp
- Vanguard Morningstar Growth ETF9229087364.6%$6.10M
Biggest buys
New and added positions, by estimated amount bought
- State Street Utilities Select Sector SPDR ETF81369Y886+$1.02MNew
- iShares Tr46434V449+$715.0KNew
- Vanguard Morningstar Value ETF922908744+$517.6KAdded
- Flexshares Tr33939L761+$458.6KAdded
- AMDAdvanced Micro Devices Inc
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Invesco QQQ Trust Series I46090E103+0.89 pp3.5% → 4.4%
- State Street Utilities Select Sector SPDR ETF81369Y886+0.77 pp0.0% → 0.8%
- State Street SPDR Bloomberg Convertible Securities ETF78464A359+0.61 pp5.1% → 5.7%
- Vanguard Morningstar Growth ETF922908736+0.54 pp4.1% → 4.6%
- iShares Tr46434V449+0.54 pp0.0% → 0.5%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Direxion Shs ETF Tr25459W862−$3.25MSold out
- ProShares Tr74347X831−$2.99MSold out
- Invesco Exchange Traded FD T46137V431−$1.00MReduced
- ProShares Tr74348A467−$392.0KReducedConverted for a 2-for-1 split
- NVDANVIDIA Corp
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Direxion Shs ETF Tr25459W862−2.60 pp2.6% → 0.0%
- ProShares Tr74347X831−2.39 pp2.4% → 0.0%
- Invesco Exchange Traded FD T46137V431−0.57 pp2.4% → 1.8%
- ProShares Tr74348A467−0.29 pp1.3% → 1.1%
- MSFTMicrosoft Corp
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $131.9M
- +$6.76M (+5.4%) vs. prior quarter
- Positions
- 107
- +3 vs. prior quarter
- Top 10 concentration
- 44.8%
- Top 10 as share of value
- Turnover
- 4.0%
- Q2 2026, one quarter
- Average holding period
- 6.7 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2024), so positions held before then are understated.
13F filings by quarter
7 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $131.9M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 16, 2026 | 107 | $131.9M | Vanguard S&P 500 ETFFlexshares TrState Street SPDR Bloomberg Convertible Securities ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 10, 2026 | 104 | $125.1M | Flexshares TrVanguard S&P 500 ETFState Street SPDR Bloomberg Convertible Securities ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 21, 2026 | 104 | $128.8M | MSFTVanguard S&P 500 ETFFlexshares Tr | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 14, 2025 | 106 | $131.6M | ProShares TrMSFTVanguard S&P 500 ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 18, 2025 | 101 | $126.6M | ProShares TrMSFTVanguard S&P 500 ETF | vs. Q1 2025 | SEC |
| Q1 2025 | May 15, 2025 | 104 | $115.4M | ProShares TrMSFTState Street SPDR Bloomberg Convertible Securities ETF | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 13, 2025 | 103 | $115.3M | ProShares TrMSFTState Street SPDR Bloomberg Convertible Securities ETF | – | SEC |