Finward Bancorp (FNWD) — Institutional Holders, Q2 2026
72 institutional investment managers reported a FNWD position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $73.4M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
FNWD in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- Elizabeth Park Capital Advisors, Ltd.New · +57,622 sh+$2.1M
- MILLENNIUM MANAGEMENTNew · +36,086 sh+$1.3M
- FIFTH THIRD BANCORPAdded · +28,805 sh+$1.1M
- FourthstoneNew · +20,976 sh+$771.5K
- JANE STREET GROUPNew · +15,687 sh+$577.0K
Biggest sellers
- BlackRockTrimmed · -137,740 sh-$5.1M
- GOLDMAN SACHS GROUPTrimmed · -44,733 sh-$1.6M
- GEODE CAPITAL MANAGEMENTTrimmed · -38,680 sh-$1.4M
- STATE STREETTrimmed · -33,246 sh-$1.2M
- NORTHERNTrimmed · -21,638 sh-$795.8K
FNWD 13F holders ranked 1–72 of 72
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | ALLIANCEBERNSTEIN L.P.#1 · 417,190 sh | 417,190 | $15.1M | <0.01% | +0.8% |
| 2 | PL Capital Advisors#2 · 395,716 sh | 395,716 | $14.6M | 4.05% | 0.0% |
| 3 | VANGUARD CAPITAL MANAGEMENT#3 · 162,149 sh | 162,149 | $6.0M | <0.01% | -0.1% |
| 4 | Finward Bancorp#4 · 131,360 sh | 131,360 | $4.8M | — | -0.2% |
| 5 | ENDEAVOUR CAPITAL ADVISORS#5 · 99,543 sh | 99,543 | $3.7M | 0.75% | 0.0% |
| 6 | Elizabeth Park Capital Advisors, Ltd.#6 · 57,622 sh | 57,622 | $2.1M | 1.46% | New |
| 7 | WELLINGTON MANAGEMENT GROUP LLP#7 · 53,656 sh | 53,656 | $2.0M | <0.01% | -2.8% |
| 8 | RENAISSANCE TECHNOLOGIES#8 · 45,300 sh | 45,300 | $1.7M | <0.01% | +0.4% |
| 9 | HOTCHKIS & WILEY CAPITAL MANAGEMENT#9 · 44,940 sh | 44,940 | $1.7M | <0.01% | +0.7% |
| 10 | GEODE CAPITAL MANAGEMENT#10 · 41,970 sh | 41,970 | $1.5M | <0.01% | -48.0% |
| 11 | ACADIAN ASSET MANAGEMENT#11 · 41,375 sh | 41,375 | $1.5M | <0.01% | +1.4% |
| 12 | Caldwell#12 · 40,430 sh | 40,430 | $1.5M | 0.12% | 0.0% |
| 13 | MILLENNIUM MANAGEMENT#13 · 36,086 sh | 36,086 | $1.3M | <0.01% | New |
| 14 | FIFTH THIRD BANCORP#14 · 29,805 sh | 29,805 | $1.1M | <0.01% | +2880.5% |
| 15 | RAFFLES ASSOCIATES#15 · 26,580 sh | 26,580 | $977.6K | 0.88% | 0.0% |
| 16 | DIMENSIONAL FUND ADVISORS#16 · 23,881 sh | 23,881 | $878.1K | <0.01% | -1.2% |
| 17 | VANGUARD FIDUCIARY#17 · 23,808 sh | 23,808 | $875.7K | <0.01% | +1.3% |
| 18 | FIDUCIARY#18 · 23,330 sh | 23,330 | $858.1K | <0.01% | +140.8% |
| 19 | BlackRock#19 · 22,503 sh | 22,503 | $827.7K | 0.00% | -86.0% |
| 20 | Fourthstone#20 · 20,976 sh | 20,976 | $771.5K | 0.55% | New |
| 21 | PNC FINANCIAL SERVICES GROUP#21 · 20,033 sh | 20,033 | $736.8K | <0.01% | -0.1% |
| 22 | AQR CAPITAL MANAGEMENT#22 · 19,760 sh | 19,760 | $726.8K | <0.01% | +25.1% |
| 23 | STATE STREET#23 · 16,520 sh | 16,520 | $607.6K | 0.00% | -66.8% |
| 24 | CITADEL ADVISORS#24 · 16,110 sh | 16,110 | $592.5K | <0.01% | +182.2% |
| 25 | OLD NATIONAL BANCORP#25 · 15,999 sh | 15,999 | $588.4K | — | 0.0% |
| 26 | JANE STREET GROUP#26 · 15,687 sh | 15,687 | $577.0K | 0.00% | New |
| 27 | Squarepoint Ops#27 · 13,937 sh | 13,937 | $512.6K | <0.01% | New |
| 28 | Black Maple Capital Management#28 · 12,197 sh | 12,197 | $448.6K | 0.25% | -16.9% |
| 29 | Mesirow Financial Investment Management#29 · 10,667 sh | 10,667 | $392.3K | <0.01% | 0.0% |
| 30 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#30 · 10,509 sh | 10,509 | $386.5K | 0.00% | +14.7% |
| 31 | GOLDMAN SACHS GROUP#31 · 9,684 sh | 9,684 | $356.2K | 0.00% | -82.2% |
| 32 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#32 · 9,571 sh | 9,571 | $352.0K | <0.01% | New |
| 33 | MORGAN STANLEY#33 · 9,440 sh | 9,440 | $347.2K | 0.00% | -22.5% |
| 34 | UBS Group AG#34 · 8,907 sh | 8,907 | $327.6K | 0.00% | -5.6% |
| 35 | NORTHERN#35 · 8,541 sh | 8,541 | $314.1K | 0.00% | -71.7% |
| 36 | Private Advisor Group#36 · 8,384 sh | 8,384 | $308.4K | <0.01% | 0.0% |
| 37 | COMMONWEALTH EQUITY SERVICES#37 · 8,001 sh | 8,001 | $294.3K | <0.01% | +0.3% |
| 38 | Qube Research & Technologies Ltd#38 · 7,328 sh | 7,328 | $269.5K | <0.01% | New |
| 39 | AMERICAN CENTURY COMPANIES#39 · 6,517 sh | 6,517 | $239.7K | <0.01% | 0.0% |
| 40 | TWO SIGMA INVESTMENTS#40 · 6,306 sh | 6,306 | $231.9K | <0.01% | New |
| 41 | Quadrature Capital Ltd#41 · 6,289 sh | 6,289 | $231.3K | <0.01% | New |
| 42 | Aster Capital Management (DIFC) Ltd#42 · 5,910 sh | 5,910 | $217.4K | 0.05% | New |
| 43 | Daytona Street Capital#43 · 6,000 sh | 6,000 | $215.6K | — | New |
| 44 | NEW YORK STATE COMMON RETIREMENT FUND#44 · 1,873 sh | 1,873 | $68.9K | <0.01% | -24.3% |
| 45 | Russell Investments Group, Ltd.#45 · 1,771 sh | 1,771 | $65.1K | <0.01% | -16.7% |
| 46 | Vanguard Global Advisers#46 · 1,289 sh | 1,289 | $47.4K | 0.00% | 0.0% |
| 47 | LOS ANGELES CAPITAL MANAGEMENT#47 · 883 sh | 883 | $32.5K | <0.01% | New |
| 48 | FEDERATED HERMES#48 · 805 sh | 805 | $29.6K | 0.00% | +1.5% |
| 49 | State of Alaska, Department of Revenue#49 · 579 sh | 579 | $21.0K | — | 0.0% |
| 50 | ROYAL BANK OF CANADA#50 · 546 sh | 546 | $20.0K | 0.00% | +82.0% |
| 51 | Trust Co#51 · 500 sh | 500 | $18.4K | — | 0.0% |
| 52 | SRS Capital Advisors#52 · 457 sh | 457 | $16.8K | <0.01% | New |
| 53 | Johnson Financial Group#53 · 311 sh | 311 | $11.4K | <0.01% | 0.0% |
| 54 | HORIZON BANCORP#54 · 268 sh | 268 | $10.0K | <0.01% | 0.0% |
| 55 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#55 · 227 sh | 227 | $8.3K | 0.00% | 0.0% |
| 56 | FMR#56 · 196 sh | 196 | $7.2K | 0.00% | -2.5% |
| 57 | BARCLAYS PLC#57 · 133 sh | 133 | $4.9K | 0.00% | -86.1% |
| 58 | Integrated Wealth Concepts#58 · 94 sh | 94 | $3.5K | 0.00% | New |
| 59 | HUNTINGTON NATIONAL BANK#59 · 88 sh | 88 | $3.2K | 0.00% | 0.0% |
| 60 | EverSource Wealth Advisors#60 · 50 sh | 50 | $1.8K | <0.01% | -97.9% |
| 61 | JPMORGAN CHASE#61 · 49 sh | 49 | $1.8K | 0.00% | -96.5% |
| 62 | IFP Advisors#62 · 48 sh | 48 | $1.8K | — | +29.7% |
| 63 | Essential Partners#63 · 47 sh | 47 | $1.7K | — | -81.9% |
| 64 | BNP PARIBAS FINANCIAL MARKETS#64 · 28 sh | 28 | $1.0K | 0.00% | -96.6% |
| 65 | Capital Advisors, Ltd.#65 · 19 sh | 19 | $1.0K | <0.01% | 0.0% |
| 66 | Allworth Financial#66 · 24 sh | 24 | $883.00 | 0.00% | +84.6% |
| 67 | True Wealth Design#67 · 14 sh | 14 | $515.00 | — | 0.0% |
| 68 | Farther Finance Advisors#68 · 7 sh | 7 | $256.00 | — | +16.7% |
| 69 | ROTHSCHILD INVESTMENT#69 · 5 sh | 5 | $184.00 | 0.00% | +150.0% |
| 70 | Fortitude Family Office#70 · 1 sh | 1 | $37.00 | — | New |
| 71 | Basecamp Wealth Advisors#71 · 1 sh | 1 | $37.00 | 0.00% | -50.0% |
| 72 | Covestor Ltd#72 · 8 sh | 8 | $0.00 | 0.00% | New |
Funds that sold out of FNWD in Q2 2026 (18)
Held FNWD at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT19,820 sh | 19,820 | $719.5K |
| CHARLES SCHWAB INVESTMENT MANAGEMENT9,982 sh | 9,982 | $362.3K |
| Bank of New York Mellon8,076 sh | 8,076 | $293.1K |
| Trexquant Investment7,965 sh | 7,965 | $289.1K |
| RHUMBLINE ADVISERS2,474 sh | 2,474 | $89.8K |
| MIRAE ASSET GLOBAL ETFS Ltd.1,638 sh | 1,638 | $59.5K |
| DEUTSCHE BANK AG\1,532 sh | 1,532 | $55.6K |
| WELLS FARGO & COMPANY1,296 sh | 1,296 | $47.0K |
| Police & Firemen's Retirement System of New Jersey1,219 sh | 1,219 | $44.3K |
| Tower Research Capital (TRC)665 sh | 665 | $24.1K |
| Ameritas Investment Partners350 sh | 350 | $12.7K |
| Legal & General Group Plc309 sh | 309 | $11.2K |
| CITIGROUP159 sh | 159 | $5.8K |
| Sterling Capital Management114 sh | 114 | $4.1K |
| MAI Capital Management11 sh | 11 | $400.00 |
| GAMMA Investing9 sh | 9 | $327.00 |
| Root Financial Partners1 sh | 1 | $36.00 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM186 sh | 186 | — |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.