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Finward Bancorp

FNWD
Exchange
Nasdaq
Industry
Savings Institution, Federally Chartered
SEC CIK
0000919864

In the last 90 days, Finward Bancorp insiders filed 6 open-market purchases and 0 sales; 71 institutions reported holding it in 13F filings for Q2 2026, worth $74.4M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Finward Bancorp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
71
+11 vs. Q3 2025
Shares held
2.09M
+150.0K (+7.7%) vs. Q3 2025
Total value
$73.6M
+$11.3M (+18.1%) vs. Q3 2025
New holders
13
28 more added
Sold out
2
13 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting FNWD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 71 institutions
Q1 2021: 1 institutionQ2 2021: 5 institutionsQ3 2021: 5 institutionsQ4 2021: 20 institutionsQ1 2022: 25 institutionsQ2 2022: 25 institutionsQ3 2022: 23 institutionsQ4 2022: 24 institutionsQ1 2023: 21 institutionsQ2 2023: 23 institutionsQ3 2023: 22 institutionsQ4 2023: 25 institutionsQ1 2024: 26 institutionsQ2 2024: 28 institutionsQ3 2024: 32 institutionsQ4 2024: 36 institutionsQ1 2025: 36 institutionsQ2 2025: 48 institutionsQ3 2025: 60 institutionsQ4 2025: 71 institutionsQ1 2026: 77 institutionsQ2 2026: 71 institutions
Value heldQ4 2025: $73.6M
Q1 2021: $72.0KQ2 2021: $8.15MQ3 2021: $7.82MQ4 2021: $22.4MQ1 2022: $41.2MQ2 2022: $36.7MQ3 2022: $33.6MQ4 2022: $37.4MQ1 2023: $30.2MQ2 2023: $24.5MQ3 2023: $24.9MQ4 2023: $29.6MQ1 2024: $31.4MQ2 2024: $32.9MQ3 2024: $44.2MQ4 2024: $44.5MQ1 2025: $45.8MQ2 2025: $49.9MQ3 2025: $62.3MQ4 2025: $73.6MQ1 2026: $75.6MQ2 2026: $74.4M
Institutions holding FNWD and their total value by quarter
QuarterHoldersValue
Q2 202671$74.4M
Q1 202677$75.6M
Q4 202571$73.6M
Q3 202560$62.3M
Q2 202548$49.9M
Q1 202536$45.8M
Q4 202436$44.5M
Q3 202432$44.2M
Q2 202428$32.9M
Q1 202426$31.4M
Q4 202325$29.6M
Q3 202322$24.9M
Q2 202323$24.5M
Q1 202321$30.2M
Q4 202224$37.4M
Q3 202223$33.6M
Q2 202225$36.7M
Q1 202225$41.2M
Q4 202120$22.4M
Q3 20215$7.82M
Q2 20215$8.15M
Q1 20211$72.0K

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Finward Bancorp; share changes are against Q3 2025.

Institutions holding FNWD in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Alliancebernstein L.P.412,735$14.5M0.00%+9,031+2.2%Added
PL Capital Advisors, LLC395,716$13.9M4.39%00.0%Unchanged
Vanguard Group Inc200,007$7.04M0.00%+5,380+2.8%Added
BlackRock, Inc.161,666$5.69M0.00%+9,501+6.2%Added
Finward Bancorp136,288$4.80M3.72%−554−0.4%Reduced
Endeavour Capital Advisors Inc99,543$3.50M0.97%00.0%Unchanged
Geode Capital Management, LLC81,959$2.88M0.00%+713+0.9%Added
Goldman Sachs Group Inc54,562$1.92M0.00%+54,562New
Wellington Management Group LLP54,049$1.90M0.00%+4,291+8.6%Added
Renaissance Technologies LLC49,434$1.74M0.00%+358+0.7%Added
State Street Corp47,106$1.66M0.00%+1,483+3.3%Added
Caldwell Trust Co40,430$1.42M0.13%00.0%Unchanged
Acadian Asset Management LLC38,045$1.33M0.00%+4,897+14.8%Added
Northern Trust Corp29,208$1.03M0.00%−2,331−7.4%Reduced
Raffles Associates LP26,580$935.4K0.70%00.0%Unchanged
UBS Group AG23,707$834.2K0.00%+12,307+108.0%Added
Dimensional Fund Advisors LP22,869$804.8K0.00%+1,411+6.6%Added
Black Maple Capital Management LP21,242$747.5K0.56%−8,758−29.2%Reduced
The PNC Financial Services Group, Inc.20,044$705.3K0.00%+34+0.2%Added
Old National Bancorp15,999$563.0K0.01%00.0%Unchanged
AQR Capital Management LLC15,353$540.3K0.00%+4,420+40.4%Added
Morgan Stanley13,588$478.2K0.00%+778+6.1%Added
Citadel Advisors LLC12,251$431.1K0.00%+12,251New
Mesirow Financial Investment Management, Inc.10,667$375.4K0.01%00.0%Unchanged
Charles Schwab Investment Management Inc10,381$365.3K0.00%00.0%Unchanged
Trexquant Investment LP10,233$360.1K0.00%+10,233New
Bank of New York Mellon Corp8,904$313.3K0.00%+149+1.7%Added
Private Advisor Group, LLC8,384$295.0K0.00%00.0%Unchanged
Two Sigma Investments, LP8,129$286.1K0.00%+8,129New
Commonwealth Equity Services, LLC7,959$280.1K0.00%+20+0.3%Added
Marshall Wace, LLP7,950$279.8K0.00%+7,950New
Susquehanna International Group, LLP6,742$237.3K0.00%+6,742New
American Century Companies Inc6,406$225.4K0.00%+6,406New
Barclays PLC5,403$190.1K0.00%+541+11.1%Added
Wells Fargo & Company3,847$135.4K0.00%+1,216+46.2%Added
Bank of America Corp2,765$97.3K0.00%+850+44.4%Added
Rhumbline Advisers2,532$89.1K0.00%−745−22.7%Reduced
New York State Common Retirement Fund2,473$87.0K0.00%00.0%Unchanged
Russell Investments Group, Ltd.1,898$66.8K0.00%+566+42.5%Added
BNP Paribas Arbitrage, SA1,670$58.8K0.00%+379+29.4%Added
JPMorgan Chase & Co1,669$58.7K0.00%−3,657−68.7%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,604$56.4K0.00%−17−1.0%Reduced
Police & Firemen's Retirement System of New Jersey1,219$42.9K0.00%00.0%Unchanged
Fifth Third Bancorp1,000$35.2K0.00%00.0%Unchanged
CWM, LLC897$32.0K0.00%+295+49.0%Added
Federated Hermes, Inc.787$27.7K0.00%+93+13.4%Added
State of Alaska, Department of Revenue579$20.0K0.00%+579New
Royal Bank of Canada530$19.0K0.00%+345+186.5%Added
Trust Co500$17.6K0.00%+500New
Ameritas Investment Partners, Inc.350$12.3K0.00%00.0%Unchanged
Johnson Financial Group, Inc.311$10.9K0.00%00.0%Unchanged
Legal & General Group Plc309$10.9K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)292$10.3K0.00%−48−14.1%Reduced
Essential Partners LLC260$9.15K0.00%+10+4.0%Added
Horizon Bancorp Inc268$9.00K0.00%00.0%Unchanged
Whittier Trust Co224$7.63K0.00%−19−7.8%Reduced
California State Teachers Retirement System210$7.39K0.00%−5−2.3%Reduced
FMR LLC206$7.25K0.00%−46−18.3%Reduced
Sterling Capital Management LLC198$6.97K0.00%−39−16.5%Reduced
Amalgamated Bank108$4.00K0.00%−9−7.7%Reduced
UBS Asset Management Americas Inc100$3.52K0.00%+100New
Huntington National Bank88$3.10K0.00%00.0%Unchanged
Citigroup Inc78$2.75K0.00%+38+95.0%Added
EverSource Wealth Advisors, LLC54$1.90K0.00%+19+54.3%Added
IFP Advisors, Inc37$1.30K0.00%+28+311.1%Added
Capital Advisors, Ltd. LLC19$1.00K0.00%00.0%Unchanged
True Wealth Design, LLC14$4930.00%−1−6.7%Reduced
Allworth Financial LP9$3170.00%+4+80.0%Added
Farther Finance Advisors, LLC7$2460.00%+7New
MAI Capital Management4$1410.00%+4New
Sunbelt Securities, Inc.1$350.00%+1New
SRS Capital Advisors, Inc.0$00.00%−379−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−1−100.0%Sold out