Finward Bancorp

Bank

CIK

919864

Location

Munster, IN

Portfolio Value

Micro $56,815,848

Diversification

Diversified

Filing Date

Global Rank

#6,659 / 8,603 ▲ 77 · as of Mar 2026

Top Industry

Software - Infrastructure 12.3%

3Y Alpha vs SPY

-3.0%

Period ended 3 months ago

Filed Apr 10, 2026 · 3mo

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+18.8%

SPY

+24.0%

Annualised alpha

-3.6%

Max drawdown

−11.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

65 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

11.0%

−2.7 pts

Top 5

39.7%

−1.5 pts

Top 10

52.7%

−1.1 pts

HHI

423

Diversified−52

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	22.4%	$12,731,972	8
Financial Services	15.6%	$8,843,958	6
Healthcare	12.0%	$6,845,083	10
Unclassified	10.3%	$5,825,353	3
Utilities	10.2%	$5,811,450	8
Consumer Defensive	7.4%	$4,223,893	7
Consumer Cyclical	6.2%	$3,516,667	5
Communication Services	4.3%	$2,448,581	4
Basic Materials	3.5%	$2,006,355	3
Energy	3.2%	$1,839,831	4
Industrials	3.1%	$1,739,889	6
Real Estate	1.7%	$982,816	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	+265	7,542	$4,353,091
MSFT	Microsoft Corp	+20	16,943	$6,271,789
SPY	Spdr S&P 500 ETF Trust	+2	795	$517,019
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
FNWD	Finward Bancorp	−4,728	131,560	$4,775,627
NVDA	Nvidia Corp	−2,250	4,306	$750,965
CMG	Chipotle Mexican Grill Inc	−1,500	7,500	$240,075
COST	Costco Wholesale Corp /New	−600	290	$288,964
AAPL	Apple Inc.	−313	17,945	$4,554,261
MCD	Mcdonalds Corp	−186	4,003	$1,244,092
GLD	Spdr Gold Trust	−170	2,220	$955,243
T	At&T Inc.	−130	18,818	$545,533
WELL	Welltower Inc.	−125	4,971	$982,816
ABBV	AbbVie Inc.	−120	6,446	$1,401,939
AMZN	Amazon Com Inc	−105	5,213	$1,085,711
PEP	Pepsico Inc	−102	3,327	$516,648
NI	Nisource Inc.	−100	28,158	$1,313,852
VZ	Verizon Communications Inc	−99	12,823	$643,714
PM	Philip Morris International Inc.	−75	2,446	$404,421
V	Visa Inc.	−65	2,550	$770,711
KO	Coca Cola Co	−65	14,787	$1,124,551
ABT	Abbott Laboratories	−50	5,451	$559,653
AEP	American Electric Power Co Inc	−40	4,372	$573,080
JPM	Jpmorgan Chase & Co	−16	6,593	$1,939,396
JNJ	Johnson & Johnson	−8	10,553	$2,579,574
BNTX	BioNTech SE	−5	2,935	$260,862
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	1,548	$305,295
BMY	Bristol Myers Squibb Co	3,695	$224,101
WEC	Wec Energy Group, Inc.	1,843	$213,363
DE	Deere & Co	364	$205,041
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
XOM	ExxonMobil Holdings Corp	6,512	$783,653
DHR	Danaher Corp /De/	1,000	$228,920
DLTR	Dollar Tree, Inc.	1,730	$212,807
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

65 positions · $56,815,848 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 65 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	16,943	+20	$6,271,789	−23.4%	11.04%
FNWD	Finward Bancorp Financial Services	Reduced	131,560	-4,728	$4,775,627	−0.4%	8.41%
AAPL	Apple Inc. Technology	Reduced	17,945	-313	$4,554,261	−8.2%	8.02%
QQQ	Invesco Qqq Trust, Series 1	Added	7,542	+265	$4,353,091	−2.6%	7.66%
JNJ	Johnson & Johnson Healthcare	Reduced	10,553	-8	$2,579,574	+18.0%	4.54%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	6,593	-16	$1,939,396	−8.9%	3.41%
WPM	Wheaton Precious Metals Corp. Basic Materials	Held	11,400	0	$1,493,514	+11.5%	2.63%
ABBV	AbbVie Inc. Healthcare	Reduced	6,446	-120	$1,401,939	−6.6%	2.47%
NI	Nisource Inc. Utilities	Reduced	28,158	-100	$1,313,852	+11.3%	2.31%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	4,003	-186	$1,244,092	−2.8%	2.19%
KO	Coca Cola Co Consumer Defensive	Reduced	14,787	-65	$1,124,551	+8.3%	1.98%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	5,213	-105	$1,085,711	−11.6%	1.91%
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	7,483	0	$1,080,843	+0.8%	1.90%
WELL	Welltower Inc. Real Estate	Reduced	4,971	-125	$982,816	+3.9%	1.73%
GLD	Spdr Gold Trust	Reduced	2,220	-170	$955,243	+0.9%	1.68%
ETR	Entergy Corp /De/ Utilities	Held	8,460	0	$950,565	+21.6%	1.67%
DTE	Dte Energy Co Utilities	Held	6,000	0	$877,320	+13.4%	1.54%
DUK	Duke Energy CORP Utilities	Held	5,943	0	$778,175	+11.7%	1.37%
V	Visa Inc. Financial Services	Reduced	2,550	-65	$770,711	−16.0%	1.36%
NVDA	Nvidia Corp Technology	Reduced	4,306	-2,250	$750,965	−38.6%	1.32%
BP	Bp PLC Energy	Held	14,438	0	$678,586	+35.3%	1.19%
GOOGL	Alphabet Inc. Communication Services	Held	2,348	0	$675,190	−8.1%	1.19%
VZ	Verizon Communications Inc Communication Services	Reduced	12,823	-99	$643,714	+22.3%	1.13%
SO	Southern Co Utilities	Held	6,586	0	$635,680	+10.7%	1.12%
META	Meta Platforms, Inc. Communication Services	Held	1,021	0	$584,144	−13.3%	1.03%
TRV	Travelers Companies, Inc. Financial Services	Held	2,000	0	$583,360	+0.6%	1.03%
HD	Home Depot, Inc. Consumer Cyclical	Held	1,754	0	$576,873	−4.4%	1.02%
AEP	American Electric Power Co Inc Utilities	Reduced	4,372	-40	$573,080	+12.6%	1.01%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,188	0	$569,289	−4.7%	1.00%
ABT	Abbott Laboratories Healthcare	Reduced	5,451	-50	$559,653	−18.8%	0.99%
T	At&T Inc. Communication Services	Reduced	18,818	-130	$545,533	+15.9%	0.96%
ENB	Enbridge Inc Energy	Held	9,865	0	$534,090	+13.2%	0.94%
SPY	Spdr S&P 500 ETF Trust	Added	795	+2	$517,019	−4.4%	0.91%
PEP	Pepsico Inc Consumer Defensive	Reduced	3,327	-102	$516,648	+5.0%	0.91%
WMT	Walmart Inc. Consumer Defensive	Held	4,059	0	$504,451	+11.6%	0.89%
MDT	Medtronic plc Healthcare	Held	5,600	0	$485,240	−9.8%	0.85%
EXC	Exelon Corp Utilities	Held	9,576	0	$469,415	+12.5%	0.83%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	2,446	-75	$404,421	+0.0%	0.71%
NOC	Northrop Grumman Corp /De/ Industrials	Held	570	0	$388,876	+19.6%	0.68%
ELV	Elevance Health, Inc. Healthcare	Held	1,303	0	$381,453	−16.5%	0.67%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Held	1,131	0	$369,916	+5.4%	0.65%
UPS	United Parcel Service Inc Industrials	Held	3,570	0	$351,216	−0.8%	0.62%
INTC	Intel Corp Technology	Held	7,874	0	$347,478	+19.6%	0.61%
CVX	Chevron Corp Energy	Held	1,609	0	$332,902	+35.8%	0.59%
LLY	ELI LILLY & Co Healthcare	Held	355	0	$326,518	−14.4%	0.57%
PFE	Pfizer Inc Healthcare	Held	11,412	0	$320,448	+12.8%	0.56%
PAYX	Paychex Inc Technology	Held	3,344	0	$308,049	−17.9%	0.54%
AZN	Astrazeneca PLC Healthcare	NEW	1,548	NEW	$305,295	NEW	0.54%
MO	Altria Group, Inc. Consumer Defensive	Held	4,607	0	$304,015	+14.4%	0.54%
DTM	DT Midstream, Inc. Energy	Held	2,185	0	$294,253	+12.5%	0.52%