FNWD · Finward Bancorp

$43.35 +0.32 (+0.74%) At close · Aug 28

Market Cap

$186.45M

4.33M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 72

Total Value: $73,590,771

Total Shares: 2,000,838

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 72 13F filers · Δ vs Mar 31, 2026

Top Holder

20.9%

+1.1 pts

Top 5

60.3%

−0.0 pts

Top 10

72.4%

−4.1 pts

HHI

1,020

Broadly held+30

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -5

Institutional value: -3.2%

Shares held: -4.5%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large FIFTH THIRD BANCORP	+28,805	29,805
Mid Fiduciary Trust Co	+13,640	23,330
Mega CITADEL ADVISORS LLC	+10,401	16,110
Mega AQR CAPITAL MANAGEMENT LLC	+3,970	19,760
Mega ALLIANCEBERNSTEIN L.P.	+3,455	417,190

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega BlackRock, Inc.	−137,740	22,503
Mega GOLDMAN SACHS GROUP INC	−44,733	9,684
Mega GEODE CAPITAL MANAGEMENT, LLC	−38,680	41,970
Mega STATE STREET CORP	−33,246	16,520
Mega NORTHERN TRUST CORP	−21,638	8,541

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Small Elizabeth Park Capital Advisors, Ltd.	57,622	$2,119,337
Mega MILLENNIUM MANAGEMENT LLC	36,086	$1,327,243
Small Fourthstone LLC	20,976	$771,497
Mega JANE STREET GROUP, LLC	15,687	$576,967
Large Squarepoint Ops LLC	13,937	$512,602

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mega VANGUARD PORTFOLIO MANAGEMENT LLC	19,820	$719,466
Mega CHARLES SCHWAB INVESTMENT MANAGEMENT INC	9,982	$362,346
Mega Bank of New York Mellon Corp	8,076	$293,157
Large Trexquant Investment LP	7,965	$289,129
Mega RHUMBLINE ADVISERS	2,474	$89,806

Filter: New 15 Increased 18 Reduced 22 Sold out 20 Unchanged 17

Showing 72 of 72

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

ALLIANCEBERNSTEIN L.P.

$15,344,248

20.85%

417,190

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	417,190	$15,344,248	100.0%	Defined

PL Capital Advisors, LLC

$14,554,434

19.78%

395,716

VANGUARD CAPITAL MANAGEMENT LLC

$5,963,840

8.10%

162,149

Finward Bancorp

$4,831,420

6.57%

131,360

ENDEAVOUR CAPITAL ADVISORS INC

$3,661,191

4.98%

99,543

Elizabeth Park Capital Advisors, Ltd.

$2,119,337

2.88%

57,622

WELLINGTON MANAGEMENT GROUP LLP

$1,973,467

2.68%

53,656

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wellington Management Company LLP	45,179	$1,661,683	84.2%	Defined
Wellington Trust Company, NA joint	8,477	$311,784	15.8%	Defined

RENAISSANCE TECHNOLOGIES LLC

$1,666,134

2.26%

45,300

HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC

$1,652,893

2.25%

44,940

GEODE CAPITAL MANAGEMENT, LLC

$1,543,656

2.10%

41,970

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	8,290	$304,906	19.8%	Defined
Held directly	33,680	$1,238,750	80.2%	Defined

ACADIAN ASSET MANAGEMENT LLC

$1,521,772

2.07%

41,375

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Acadian Inc	41,375	$1,521,772	100.0%	Defined

Caldwell Trust Co

$1,487,015

2.02%

40,430

MILLENNIUM MANAGEMENT LLC

$1,327,243

1.80%

36,086

FIFTH THIRD BANCORP

$1,096,227

1.49%

29,805

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fifth Third Bank, National Association	29,805	$1,096,227	100.0%	Defined

RAFFLES ASSOCIATES LP

$977,612

1.33%

26,580

DIMENSIONAL FUND ADVISORS LP

$878,341

1.19%

23,881

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Dimensional Fund Advisors Ltd.	375	$13,792	1.6%	Defined
DFA Australia Ltd.	1,112	$40,899	4.7%	Defined
Dimensional Ireland Ltd	2,323	$85,439	9.7%	Defined
Held directly	20,071	$738,211	84.0%	Sole

VANGUARD FIDUCIARY TRUST CO

$875,658

1.19%

23,808

Fiduciary Trust Co

$858,077

1.17%

23,330

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fiduciary Trust Co of New England	2,250	$82,755	9.6%	Defined
Held directly	21,080	$775,322	90.4%	Sole

BlackRock, Inc.

$827,658

1.12%

22,503

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BlackRock Investment Management, LLC	770	$28,320	3.4%	Sole
BlackRock Fund Advisors	11,927	$438,675	53.0%	Sole
BlackRock Institutional Trust Company, N.A.	9,410	$346,099	41.8%	Sole
Aperio Group, LLC	396	$14,564	1.8%	Sole

Fourthstone LLC

$771,497

1.05%

20,976

PNC FINANCIAL SERVICES GROUP, INC.

$736,813

1.00%

20,033

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	20,033	$736,813	100.0%	Defined

AQR CAPITAL MANAGEMENT LLC

$726,770

0.99%

19,760

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Prism Planning Partners LLC	58	$2,133	0.3%	Other
Compound Planning, Inc.	1	$36	0.0%	Other
Arax Advisory Partners	455	$16,734	2.3%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	150	$5,517	0.8%	Other
Stokes Family Office, LLC	11	$404	0.1%	Other
Held directly	19,085	$701,946	96.6%	Defined

STATE STREET CORP

$607,605

0.83%

16,520

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS TRUST COMPANY	16,520	$607,605	100.0%	Defined

CITADEL ADVISORS LLC

$592,525

0.81%

16,110

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	16,110	$592,525	100.0%	Defined

OLD NATIONAL BANCORP /IN/

$588,443

0.80%

15,999

JANE STREET GROUP, LLC

$576,967

0.78%

15,687

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	2,462	$90,552	15.7%	Defined
Jane Street Global Trading, LLC	13,225	$486,415	84.3%	Defined

Squarepoint Ops LLC

$512,602

0.70%

13,937

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	13,937	$512,602	100.0%	Defined

Black Maple Capital Management LP

$448,605

0.61%

12,197

Mesirow Financial Investment Management, Inc.

$392,332

0.53%

10,667

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$386,521

0.53%

10,509

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	10,509	$386,521	100.0%	Other

GOLDMAN SACHS GROUP INC

$356,177

0.48%

9,684

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	9,684	$356,177	100.0%	Defined

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$352,021

0.48%

9,571

MORGAN STANLEY

$347,199

0.47%

9,440

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	315	$11,585	3.3%	Defined
MORGAN STANLEY & CO. LLC	162	$5,958	1.7%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	619	$22,766	6.6%	Defined
MORGAN STANLEY SMITH BARNEY LLC	439	$16,145	4.7%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	7,905	$290,745	83.7%	Defined

UBS Group AG

$327,597

0.45%

8,907

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	65	$2,390	0.7%	Defined
UBS AG	3,426	$126,008	38.5%	Defined
UBS Europe SE	5,134	$188,828	57.6%	Defined
UBS Securities LLC	282	$10,371	3.2%	Defined

NORTHERN TRUST CORP

$314,137

0.43%

8,541

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	8,541	$314,137	100.0%	Defined

Private Advisor Group, LLC

$308,363

0.42%

8,384

COMMONWEALTH EQUITY SERVICES, LLC

$294,276

0.40%

8,001

Qube Research & Technologies Ltd

$269,523

0.37%

7,328

AMERICAN CENTURY COMPANIES INC

$239,695

0.33%

6,517

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
AMERICAN CENTURY INVESTMENT MANAGEMENT INC	6,517	$239,695	100.0%	Defined

TWO SIGMA INVESTMENTS, LP

$231,934

0.32%

6,306

Quadrature Capital Ltd

$231,309

0.31%

6,289

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Quadrature US Inc.	6,289	$231,309	100.0%	Other

Daytona Street Capital LLC

$220,680

0.30%

6,000

Aster Capital Management (DIFC) Ltd

$217,369

0.30%

5,910

NEW YORK STATE COMMON RETIREMENT FUND

$68,888

0.09%

1,873

Russell Investments Group, Ltd.

$65,137

0.09%

1,771

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	1,771	$65,137	100.0%	Defined

Vanguard Global Advisers, LLC

$47,409

0.06%

1,289

LOS ANGELES CAPITAL MANAGEMENT LLC

$32,476

0.04%

883

FEDERATED HERMES, INC.

$29,607

0.04%

805

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FEDERATED MDTA LLC	805	$29,607	100.0%	Defined

State of Alaska, Department of Revenue

$21,295

0.03%

579

ROYAL BANK OF CANADA

$20,081

0.03%

546

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	9	$331	1.6%	Defined
RBC Capital Markets, LLC	537	$19,750	98.4%	Defined

Trust Co

$18,390

0.02%

500

Arax Advisory Partners

$16,808

0.02%

457

Johnson Financial Group, Inc.

$11,438

0.02%

311

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Johnson Wealth Inc.	311	$11,438	100.0%	Defined

HORIZON BANCORP INC /IN/

$9,857

0.01%

268

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$8,349

0.01%

227

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	227	$8,349	100.0%	Defined

FMR LLC

$7,208

0.01%

196

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	196	$7,208	100.0%	Defined

BARCLAYS PLC

$4,890

0.01%

133

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	1	$36	0.7%	Defined
BARCLAYS CAPITAL INC.	132	$4,854	99.3%	Defined

Integrated Wealth Concepts LLC

$3,457

0.00%

HUNTINGTON NATIONAL BANK

$3,236

0.00%

EverSource Wealth Advisors, LLC

$1,838

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMSS Wesson Wealth Solutions, LLC	3	$110	6.0%	Sole
Held directly	47	$1,728	94.0%	Sole

JPMORGAN CHASE & CO

$1,802

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities plc	49	$1,802	100.0%	Defined

IFP Advisors, Inc

$1,765

0.00%

Essential Partners LLC

$1,728

0.00%

BNP PARIBAS ARBITRAGE, SA

$1,029

0.00%

Allworth Financial LP

$882

0.00%

Capital Advisors, Ltd. LLC

$698

0.00%

True Wealth Design, LLC

$514

0.00%

Covestor Ltd

$294

0.00%

Farther Finance Advisors, LLC

$257

0.00%

ROTHSCHILD INVESTMENT LLC

$183

0.00%

Fortitude Family Office, LLC

$36

0.00%

Basecamp Wealth Advisors LLC

$36

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	3,076	$111,658	38.1%	Defined
The Bank of New York Mellon	4,998	$181,427	61.9%	Defined
Held directly	2	$72	0.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	1,638	$59,459	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS Investments UK Ltd	1,532	$55,611	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	1,127	$40,910	87.0%	Defined
Wells Fargo Securities, LLC	169	$6,134	13.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Capital	1,219	$44,249	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	665	$24,139	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
EATON VANCE MANAGEMENT	350	$12,705	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	309	$11,216	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	159	$5,771	100.0%	Defined

Key facts CIK 919864 CUSIP 31812F109 13F (30d) 58 filings 58 filers Visit website