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Forward Industries, Inc.

FWDI
Exchange
Nasdaq
Industry
Finance Services
SEC CIK
0000038264

No open-market purchases or sales by Forward Industries, Inc. insiders were filed in the last 90 days; 89 institutions reported holding it in 13F filings for Q2 2026, worth $168.0M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Forward Industries, Inc. 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
72
+30 vs. Q3 2025
Shares held
42.7M
+2.92M (+7.3%) vs. Q3 2025
Total value
$282.4M
−$624.5M (−68.9%) vs. Q3 2025
New holders
41
12 more added
Sold out
11
8 more reduced

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

Holders and value by quarter

Institutions reporting FWDI 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: 72 institutions
Q1 2021: 13 institutionsQ2 2021: 17 institutionsQ3 2021: 15 institutionsQ4 2021: 16 institutionsQ1 2022: 16 institutionsQ2 2022: 18 institutionsQ3 2022: 17 institutionsQ4 2022: 16 institutionsQ1 2023: 18 institutionsQ2 2023: 15 institutionsQ3 2023: 17 institutionsQ4 2023: 15 institutionsQ1 2024: 14 institutionsQ2 2024: 8 institutionsQ3 2024: 7 institutionsQ4 2024: 12 institutionsQ1 2025: 11 institutionsQ2 2025: 11 institutionsQ3 2025: 42 institutionsQ4 2025: 72 institutionsQ1 2026: 69 institutionsQ2 2026: 89 institutions
Value heldQ4 2025: $282.4M
Q1 2021: $4.39MQ2 2021: $4.68MQ3 2021: $3.61MQ4 2021: $2.20MQ1 2022: $2.40MQ2 2022: $2.17MQ3 2022: $1.93MQ4 2022: $1.49MQ1 2023: $1.50MQ2 2023: $1.33MQ3 2023: $1.03MQ4 2023: $963.8KQ1 2024: $679.0KQ2 2024: $462.0KQ3 2024: $349.7KQ4 2024: $526.6KQ1 2025: $385.8KQ2 2025: $633.2KQ3 2025: $906.9MQ4 2025: $282.4MQ1 2026: $150.4MQ2 2026: $168.0M
Institutions holding FWDI and their total value by quarter
QuarterHoldersValue
Q2 202689$168.0M
Q1 202669$150.4M
Q4 202572$282.4M
Q3 202542$906.9M
Q2 202511$633.2K
Q1 202511$385.8K
Q4 202412$526.6K
Q3 20247$349.7K
Q2 20248$462.0K
Q1 202414$679.0K
Q4 202315$963.8K
Q3 202317$1.03M
Q2 202315$1.33M
Q1 202318$1.50M
Q4 202216$1.49M
Q3 202217$1.93M
Q2 202218$2.17M
Q1 202216$2.40M
Q4 202116$2.20M
Q3 202115$3.61M
Q2 202117$4.68M
Q1 202113$4.39M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Forward Industries, Inc.; share changes are against Q3 2025.

Institutions holding FWDI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Galaxy Group Investments LLC8,108,108$53.6M7.44%00.0%Unchanged
J Digital 6 LLC7,947,843$52.5M28.19%00.0%Unchanged
Multicoin Capital Management, LLC7,947,843$52.5M45.91%00.0%Unchanged
Jane Street Group, LLC3,261,596$21.6M0.03%−816,471−20.0%Reduced
Alyeska Investment Group, L.P.3,250,161$21.5M0.06%−263,353−7.5%Reduced
Ghisallo Capital Management LLC1,351,352$8.93M0.40%00.0%Unchanged
Polar Asset Management Partners Inc.1,351,352$8.92M0.18%00.0%Unchanged
Marshall Wace, LLP1,346,595$8.90M0.01%+1,346,595New
Vanguard Group Inc1,135,272$7.50M0.00%+1,123,663+9,679.2%Added
Weiss Asset Management LP1,081,082$7.15M0.10%00.0%Unchanged
Geode Capital Management, LLC809,005$5.35M0.00%+800,902+9,884.0%Added
Steadfast Capital Management LP745,951$4.93M0.09%+745,951New
SkyBridge Capital II, LLC540,541$3.57M21.15%00.0%Unchanged
Qube Research & Technologies Ltd475,439$3.14M0.00%+460,494+3,081.3%Added
Citadel Advisors LLC410,784$2.72M0.00%−670,297−62.0%Reduced
Brevan Howard Capital Management LP353,459$2.34M0.04%+353,459New
State Street Corp210,491$1.39M0.00%+210,491New
Pantera Capital Partners LP204,093$1.35M0.82%−147,258−41.9%Reduced
Moore Capital Management, LP200,000$1.32M0.03%−70,271−26.0%Reduced
Northern Trust Corp154,269$1.02M0.00%+154,269New
Wolverine Asset Management LLC137,553$909.2K0.01%+137,553New
Ieq Capital, LLC130,866$865.0K0.00%+112,468+611.3%Added
First Trust Advisors LP112,816$745.7K0.00%+16,609+17.3%Added
Millennium Management LLC100,012$661.1K0.00%−19,173−16.1%Reduced
Two Sigma Investments, LP96,540$638.1K0.00%+96,540New
Quadrature Capital Ltd93,401$617.4K0.01%+93,401New
Squarepoint Ops LLC87,304$577.1K0.00%+77,959+834.2%Added
Morgan Stanley82,930$548.2K0.00%+81,385+5,267.6%Added
Goldman Sachs Group Inc81,710$540.1K0.00%+81,710New
UBS Group AG78,286$517.5K0.00%+72,937+1,363.6%Added
Secure Asset Management, LLC65,698$434.3K0.07%+65,698New
XTX Topco Ltd63,395$419.0K0.01%+63,395New
Group One Trading, L.P.62,790$415.0K0.01%+62,790New
RBF Capital, LLC59,755$395.0K0.02%+59,755New
Man Group plc39,918$263.9K0.00%+39,918New
Charles Schwab Investment Management Inc39,052$258.1K0.00%+39,052New
Summit Financial, LLC33,560$221.8K0.00%+33,560New
BlackRock, Inc.32,047$211.8K0.00%+3,769+13.3%Added
Engineers Gate Manager LP30,735$203.2K0.00%+30,735New
Hudson Bay Capital Management LP30,042$198.6K0.00%+30,042New
State of Wyoming28,609$189.1K0.02%+28,609New
BNP Paribas Arbitrage, SA28,239$186.7K0.00%+28,239New
Aristides Capital LLC27,300$180.5K0.06%+27,300New
Cable Car Capital LLC27,028$178.7K0.01%+27,028New
Omers Administration Corp26,800$177.1K0.00%+26,800New
Schonfeld Strategic Advisors LLC26,452$174.8K0.00%+26,452New
Verition Fund Management LLC26,314$173.9K0.00%+26,314New
Renaissance Technologies LLC24,400$161.3K0.00%−35,620−59.3%Reduced
JPMorgan Chase & Co17,788$117.6K0.00%+17,788New
Bank of Nova Scotia17,600$116.3K0.00%+17,600New
SG Americas Securities, LLC17,580$116.0K0.00%+17,580New
Cetera Investment Advisers16,810$111.1K0.00%+16,810New
Lighthouse Investment Partners, LLC15,540$102.7K0.00%+15,540New
nVerses Capital, LLC15,003$99.2K0.22%+15,003New
Tower Research Capital LLC (TRC)12,850$84.9K0.00%+11,550+888.5%Added
SummitTX Capital, L.P.12,221$80.8K0.00%+12,221New
Two Sigma Securities, LLC11,796$78.0K0.01%+11,796New
Vontobel Holding Ltd.11,750$77.7K0.00%+11,750New
Barclays PLC6,441$42.6K0.00%+6,441New
Advisor Group Holdings, Inc.6,084$40.2K0.00%+4,777+365.5%Added
Farther Finance Advisors, LLC3,532$23.3K0.00%+25+0.7%Added
Bank of America Corp2,095$13.8K0.00%−13,970−87.0%Reduced
Royal Bank of Canada1,483$10.0K0.00%+1,483New
CIBC Private Wealth Group, LLC1,000$6.61K0.00%+1,000New
Huntington National Bank301$1.99K0.00%+301New
FMR LLC248$1.64K0.00%00.0%Unchanged
Strategic Wealth Partners, Ltd.100$6610.00%00.0%Unchanged
Jump Financial, LLC100$6610.00%00.0%Unchanged
Kings Path Partners LLC100$6610.00%+100New
Crewe Advisors LLC11$730.00%+11New
SBI Securities Co., Ltd.10$660.00%00.0%Unchanged
Citigroup Inc1$70.00%+1New
Monashee Investment Management LLC0$00.00%−405,406−100.0%Sold out
Aristeia Capital LLC0$00.00%−540,541−100.0%Sold out
Anson Funds Management LP0$00.00%−270,271−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−270,271−100.0%Sold out
Seven Grand Managers, LLC0$00.00%−270,271−100.0%Sold out
HRT Financial LP0$00.00%−15,203−100.0%Sold out
Virtu Financial LLC0$00.00%−10,751−100.0%Sold out
Simplex Trading, LLC0$00.00%−2,695−100.0%Sold out
GWM Advisors LLC0$00.00%−1,183−100.0%Sold out
Golden State Wealth Management, LLC0$00.00%−160−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−150−100.0%Sold out