Skip to main content
Livermore
Livermore
ZHEN

Finward Bancorp

SEC CIK
0000919864
Latest filing
Jul 16, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Jan 21, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
104
−2 vs. Q3 2025
Portfolio value
$128.8M
−$2.84M (−2.2%) vs. Q3 2025
Filed
Jan 21, 2026
SEC
Holdings of Finward Bancorp in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock16,923$8.18M6.4%−500−2.9%ReducedHistory
Vanguard S&P 500 ETF922908363ETF12,177$7.64M5.9%+508+4.4%Added–
Flexshares Tr33939L761CR SCD US BD145,567$7.15M5.6%+31,635+27.8%Added–
State Street SPDR Bloomberg Convertible Securities ETF78464A359ETF69,170$6.17M4.8%−1,368−1.9%Reduced–
Vanguard Morningstar Growth ETF922908736ETF12,118$5.91M4.6%−280−2.3%Reduced–
AAPLApple Inc.Stock18,258$4.96M3.9%−162−0.9%ReducedHistory
FNWDFinward BancorpCOM136,288$4.80M3.7%−554−0.4%ReducedHistory
Invesco QQQ Trust Series I46090E103ETF7,277$4.47M3.5%+39+0.5%Added–
Direxion Shs ETF Tr25459W862DRX S&P500BULL17,600$3.88M3.0%+17,600New–
ProShares Tr74347X831ULTRAPRO QQQ71,744$3.78M2.9%−131,480−64.7%ReducedConverted for a 2-for-1 split–
Invesco Exchange Traded FD T46137V431S&P 500 GARP ETF28,564$3.25M2.5%−1,113−3.8%Reduced–
Vanguard Dividend Appreciation ETF921908844ETF13,061$2.87M2.2%+1,265+10.7%Added–
Vanguard World FD921910816MEGA GRWTH IND6,341$2.62M2.0%−82−1.3%Reduced–
JNJJohnson & JohnsonStock10,561$2.19M1.7%−11−0.1%ReducedHistory
JPMJPMorgan Chase & CoStock6,609$2.13M1.7%−65−1.0%ReducedHistory
First Tr Exchange-Traded FD33734H106SHS45,985$2.12M1.6%−816−1.7%Reduced–
Vanguard Information Technology ETF92204A702ETF2,808$2.12M1.6%−76−2.6%Reduced–
Vanguard World FD921910840MEGA CAP VAL ETF13,502$1.91M1.5%−112−0.8%Reduced–
iShares Core S&P Mid-Cap ETF464287507ETF28,456$1.88M1.5%−405−1.4%Reduced–
State Street Technology Select Sector SPDR ETF81369Y803ETF12,304$1.77M1.4%+310+2.6%AddedConverted for a 2-for-1 split–
ProShares Tr74348A467S&P 500 DV ARIST16,863$1.75M1.4%−2,469−12.8%Reduced–
ABBVAbbVie Inc.Stock6,566$1.50M1.2%00.0%UnchangedHistory
Vanguard Whitehall FDS921946810INTL DVD ETF15,619$1.43M1.1%+1,177+8.1%Added–
Vanguard High Dividend Yield Index ETF921946406ETF9,353$1.34M1.0%−891−8.7%Reduced–
WPMWheaton Precious Metals Corp.COM11,400$1.34M1.0%00.0%UnchangedHistory
MCDMcDonalds CorpStock4,189$1.28M1.0%−12−0.3%ReducedHistory
AMZNAmazon Com IncStock5,318$1.23M1.0%−36−0.7%ReducedHistory
NVDANVIDIA CorpStock6,556$1.22M0.9%−1,737−20.9%ReducedHistory
NINisource Inc.COM28,258$1.18M0.9%+1,000+3.7%AddedHistory
iShares Core S&P Small Cap ETF464287804ETF9,597$1.15M0.9%+267+2.9%Added–
PGProcter & Gamble CoStock7,483$1.07M0.8%−616−7.6%ReducedHistory
KOCoca Cola CoStock14,852$1.04M0.8%−66−0.4%ReducedHistory
Vanguard Morningstar Mid-Cap Growth ETF922908538ETF3,535$986.8K0.8%00.0%Unchanged–
GLDSPDR Gold TrustETF2,390$947.2K0.7%00.0%UnchangedHistory
WELLWelltower Inc.REIT5,096$945.9K0.7%−285−5.3%ReducedHistory
VVisa Inc.Stock2,615$917.1K0.7%00.0%UnchangedHistory
XOMExxonMobil Holdings CorpCOM6,512$783.7K0.6%−547−7.7%ReducedHistory
ETREntergy CorpCOM8,460$782.0K0.6%00.0%UnchangedHistory
DTEDte Energy CoCOM6,000$773.9K0.6%00.0%UnchangedHistory
COSTCostco Wholesale CorpStock890$767.5K0.6%−436−32.9%ReducedHistory
State Street Industrial Select Sector SPDR ETF81369Y704ETF4,888$758.2K0.6%+130+2.7%Added–
GOOGLAlphabet Inc.Stock2,348$734.9K0.6%−50−2.1%ReducedHistory
Vanguard Morningstar Value ETF922908744ETF3,791$724.0K0.6%+163+4.5%Added–
iShares Core U.S. Aggregate Bond ETF464287226ETF7,132$712.3K0.6%00.0%Unchanged–
DUKDuke Energy CORPStock5,943$696.6K0.5%−105−1.7%ReducedHistory
First Tr Exchange-Traded FD336917109SHS15,656$694.2K0.5%−250−1.6%Reduced–
ABTAbbott LaboratoriesStock5,501$689.2K0.5%00.0%UnchangedHistory
METAMeta Platforms, Inc.Stock1,021$674.0K0.5%+18+1.8%AddedHistory
Vanguard Total Bond Market ETF921937835ETF8,231$609.7K0.5%−298−3.5%Reduced–
HDHome Depot, Inc.Stock1,754$603.6K0.5%00.0%UnchangedHistory
BRK.BBerkshire Hathaway IncStock1,188$597.1K0.5%−43−3.5%ReducedHistory
State Street Financial Select Sector SPDR ETF81369Y605ETF10,881$596.0K0.5%+465+4.5%Added–
iShares MSCI Eafe ETF464287465ETF6,137$589.3K0.5%−80−1.3%Reduced–
TRVTravelers Companies, Inc.Stock2,000$580.1K0.5%00.0%UnchangedHistory
Vanguard Health Care ETF92204A504ETF2,002$576.3K0.4%00.0%Unchanged–
SOSouthern CoStock6,586$574.3K0.4%−100−1.5%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF793$540.8K0.4%−28−3.4%ReducedHistory
MDTMedtronic plcStock5,600$537.9K0.4%00.0%UnchangedHistory
Vanguard Morningstar Small-Cap Growth ETF922908595ETF1,743$526.6K0.4%−58−3.2%Reduced–
VZVerizon Communications IncStock12,922$526.3K0.4%−135−1.0%ReducedHistory
AEPAmerican Electric Power Co IncStock4,412$508.7K0.4%−190−4.1%ReducedHistory
BPBP PLCADR14,438$501.4K0.4%−166−1.1%ReducedHistory
PEPPepsiCo IncStock3,429$492.1K0.4%−182−5.0%ReducedHistory
ENBEnbridge IncStock9,865$471.8K0.4%−20−0.2%ReducedHistory
TAT&T Inc.Stock18,948$470.7K0.4%+790+4.4%AddedHistory
ELVElevance Health, Inc.Stock1,303$456.8K0.4%00.0%UnchangedHistory
WMTWalmart Inc.Stock4,059$452.2K0.4%00.0%UnchangedHistory
Vanguard Morningstar Small-Cap ETF922908751ETF1,717$442.9K0.3%+100+6.2%Added–
EXCExelon CorpStock9,576$417.4K0.3%00.0%UnchangedHistory
PMPhilip Morris International Inc.Stock2,521$404.4K0.3%−51−2.0%ReducedHistory
LLYEli Lilly & CoStock355$381.5K0.3%00.0%UnchangedHistory
PAYXPaychex IncStock3,344$375.1K0.3%00.0%UnchangedHistory
Vanguard Morningstar Mid-Cap Value ETF922908512ETF2,007$356.0K0.3%−30−1.5%Reduced–
UPSUnited Parcel Service IncStock3,570$354.1K0.3%00.0%UnchangedHistory
MARMarriott International IncStock1,131$350.9K0.3%−53−4.5%ReducedHistory
Vanguard Morningstar Small-Cap Value ETF922908611ETF1,626$344.4K0.3%00.0%Unchanged–
QCOMQualcomm IncStock1,980$338.7K0.3%00.0%UnchangedHistory
CMGChipotle Mexican Grill IncCOM9,000$333.0K0.3%−9,432−51.2%ReducedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF6,090$327.4K0.3%−309−4.8%Reduced–
NOCNorthrop Grumman CorpStock570$325.0K0.3%00.0%UnchangedHistory
Invesco Exch Traded FD Tr II46138E362S&P500 HDL VOL6,721$322.6K0.3%−826−10.9%Reduced–
INTCIntel CorpStock7,874$290.6K0.2%00.0%UnchangedHistory
AZNAstraZeneca PLCSPONSORED ADR3,098$284.8K0.2%00.0%UnchangedHistory
PFEPfizer IncStock11,412$284.2K0.2%00.0%UnchangedHistory
KWRQuaker Chemical CorpCOM2,065$283.5K0.2%00.0%UnchangedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF841$282.0K0.2%+30+3.7%Added–
BNTXBioNTech SESPONSORED ADS2,940$279.9K0.2%−10−0.3%ReducedHistory
EMREmerson Electric CoStock2,060$273.4K0.2%00.0%UnchangedHistory
American Centy ETF Tr025072505DIVERSIFIED MU5,379$271.1K0.2%+5,379New–
IBMInternational Business Machines CorpStock900$266.6K0.2%00.0%UnchangedHistory
Invesco Exch Traded FD Tr II46138G870VAR RATE PFD10,945$266.3K0.2%+810+8.0%Added–
MOAltria Group, Inc.Stock4,607$265.6K0.2%−35−0.8%ReducedHistory
DTMDT Midstream, Inc.COMMON STOCK2,185$261.5K0.2%00.0%UnchangedHistory
Vanguard Real Estate ETF922908553ETF2,862$253.3K0.2%−87−3.0%Reduced–
CVXChevron CorpStock1,609$245.2K0.2%00.0%UnchangedHistory
DHRDanaher CorpStock1,000$228.9K0.2%+1,000NewHistory
iShares Russell 1000 Growth ETF464287614ETF468$221.5K0.2%00.0%Unchanged–
LMTLockheed Martin CorpStock456$220.6K0.2%00.0%UnchangedHistory
LINLinde PLCStock517$220.4K0.2%00.0%UnchangedHistory
CSXCSX CorpStock6,072$220.1K0.2%00.0%UnchangedHistory

Sold out since Q3 2025 (7)

Positions held at the end of Q3 2025 that are gone from this filing.

Positions of Finward Bancorp sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
FISVFiserv IncStock2,758$355.6K0.3%History
MFCManulife Financial CorpCOM10,984$342.2K0.3%History
ADBEAdobe Inc.Stock840$296.3K0.2%History
NSCNorfolk Southern CorpStock711$213.6K0.2%History
WECWec Energy Group, Inc.Stock1,843$211.2K0.2%History
LOWLowes Companies IncStock818$205.6K0.2%History
MUABlackRock Muniassets Fund, Inc.COM15,536$172.4K0.1%History