Finward Bancorp

Bank

CIK

919864

Location

Munster, IN

Portfolio Value

Micro $57,899,466

Diversification

Diversified

Filing Date

Global Rank

#6,293 / 8,232 ▲ 204

Top Industry

Software - Infrastructure 12.0%

3Y Alpha vs SPY

-4.8%

Period ended 2 months ago

Filed Apr 10, 2026 · 2mo

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

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

Cloned portfolio

+16.7%

SPY

+23.4%

Annualised alpha

-4.8%

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

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

Top Position

10.8%

−2.9 pts

Top 5

38.9%

−2.3 pts

Top 10

51.7%

−2.0 pts

HHI

411

Diversified−64

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	22.0%	$12,731,972	8
Financial Services	15.3%	$8,843,958	6
Healthcare	11.8%	$6,845,083	10
Unclassified	10.1%	$5,825,353	3
Utilities	10.0%	$5,811,450	8
Consumer Defensive	7.3%	$4,223,893	7
Consumer Cyclical	6.1%	$3,516,667	5
Energy	5.0%	$2,923,449	5
Communication Services	4.2%	$2,448,581	4
Basic Materials	3.5%	$2,006,355	3
Industrials	3.0%	$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

23 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
XOM	Exxon Mobil Corp	−125	6,387	$1,083,618
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

2 positions

Ticker	Company	Shares	Value
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

66 positions · $57,899,466 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 66 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
KEEL	Keel Infrastructure Corp. Technology	Held	13,485	0	$26,295	−17.0%	0.05%
DE	Deere & Co Industrials	NEW	364	NEW	$205,041	NEW	0.35%
GS	Goldman Sachs Group Inc Financial Services	Held	243	0	$205,575	−3.8%	0.36%
WEC	Wec Energy Group, Inc. Utilities	NEW	1,843	NEW	$213,363	NEW	0.37%
IBM	International Business Machines Corp Technology	Held	900	0	$218,151	−18.2%	0.38%
BMY	Bristol Myers Squibb Co Healthcare	NEW	3,695	NEW	$224,101	NEW	0.39%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	7,500	-1,500	$240,075	−27.9%	0.41%
CSX	Csx Corp Industrials	Held	6,072	0	$249,255	+13.2%	0.43%
QCOM	Qualcomm Inc/De Technology	Held	1,980	0	$254,984	−24.7%	0.44%
LIN	Linde PLC Basic Materials	Held	517	0	$256,307	+16.3%	0.44%
KWR	Quaker Chemical Corp Basic Materials	Held	2,065	0	$256,534	−9.5%	0.44%
BNTX	BioNTech SE Healthcare	Reduced	2,935	-5	$260,862	−6.8%	0.45%
EMR	Emerson Electric Co Industrials	Held	2,060	0	$269,900	−1.3%	0.47%
LMT	Lockheed Martin Corp Industrials	Held	456	0	$275,601	+25.0%	0.48%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	290	-600	$288,964	−62.3%	0.50%
DTM	DT Midstream, Inc. Energy	Held	2,185	0	$294,253	+12.5%	0.51%
MO	Altria Group, Inc. Consumer Defensive	Held	4,607	0	$304,015	+14.4%	0.53%
AZN	Astrazeneca PLC Healthcare	NEW	1,548	NEW	$305,295	NEW	0.53%
PAYX	Paychex Inc Technology	Held	3,344	0	$308,049	−17.9%	0.53%
PFE	Pfizer Inc Healthcare	Held	11,412	0	$320,448	+12.8%	0.55%
LLY	ELI LILLY & Co Healthcare	Held	355	0	$326,518	−14.4%	0.56%
CVX	Chevron Corp Energy	Held	1,609	0	$332,902	+35.8%	0.57%
INTC	Intel Corp Technology	Held	7,874	0	$347,478	+19.6%	0.60%
UPS	United Parcel Service Inc Industrials	Held	3,570	0	$351,216	−0.8%	0.61%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Held	1,131	0	$369,916	+5.4%	0.64%
ELV	Elevance Health, Inc. Healthcare	Held	1,303	0	$381,453	−16.5%	0.66%
NOC	Northrop Grumman Corp /De/ Industrials	Held	570	0	$388,876	+19.6%	0.67%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	2,446	-75	$404,421	+0.0%	0.70%
EXC	Exelon Corp Utilities	Held	9,576	0	$469,415	+12.5%	0.81%
MDT	Medtronic plc Healthcare	Held	5,600	0	$485,240	−9.8%	0.84%
WMT	Walmart Inc. Consumer Defensive	Held	4,059	0	$504,451	+11.6%	0.87%
PEP	Pepsico Inc Consumer Defensive	Reduced	3,327	-102	$516,648	+5.0%	0.89%
SPY	Spdr S&P 500 ETF Trust	Added	795	+2	$517,019	−4.4%	0.89%
ENB	Enbridge Inc Energy	Held	9,865	0	$534,090	+13.2%	0.92%
T	At&T Inc. Communication Services	Reduced	18,818	-130	$545,533	+15.9%	0.94%
ABT	Abbott Laboratories Healthcare	Reduced	5,451	-50	$559,653	−18.8%	0.97%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,188	0	$569,289	−4.7%	0.98%
AEP	American Electric Power Co Inc Utilities	Reduced	4,372	-40	$573,080	+12.6%	0.99%
HD	Home Depot, Inc. Consumer Cyclical	Held	1,754	0	$576,873	−4.4%	1.00%
TRV	Travelers Companies, Inc. Financial Services	Held	2,000	0	$583,360	+0.6%	1.01%
META	Meta Platforms, Inc. Communication Services	Held	1,021	0	$584,144	−13.3%	1.01%
SO	Southern Co Utilities	Held	6,586	0	$635,680	+10.7%	1.10%
VZ	Verizon Communications Inc Communication Services	Reduced	12,823	-99	$643,714	+22.3%	1.11%
GOOGL	Alphabet Inc. Communication Services	Held	2,348	0	$675,190	−8.1%	1.17%
BP	Bp PLC Energy	Held	14,438	0	$678,586	+35.3%	1.17%
NVDA	Nvidia Corp Technology	Reduced	4,306	-2,250	$750,965	−38.6%	1.30%
V	Visa Inc. Financial Services	Reduced	2,550	-65	$770,711	−16.0%	1.33%
DUK	Duke Energy CORP Utilities	Held	5,943	0	$778,175	+11.7%	1.34%
DTE	Dte Energy Co Utilities	Held	6,000	0	$877,320	+13.4%	1.52%
ETR	Entergy Corp /De/ Utilities	Held	8,460	0	$950,565	+21.6%	1.64%