Black Maple Capital Management’s Finward Bancorp FNWD Stock Holding History

Black Maple Capital Management’s Portfolio FNWD Stock Details FNWD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$449K	Sell	12,197 -2,481	-17%	-$82.9K	0.25%	53
2026 Q1	$533K	Sell	14,678 -6,564	-31%	-$241K	0.3%	57
2025 Q4	$748K	Sell	21,242 -8,758	-29%	-$308K	0.52%	35
2025 Q3	$963K	Hold	30,000	–	–	0.47%	37
2025 Q2	$829K	Hold	30,000	–	–	0.37%	38
2025 Q1	$873K	Sell	30,000 -14,554	-33%	-$400K	0.49%	39
2024 Q4	$1.25M	Sell	44,554 -26	-0.1%	-$805	0.66%	28
2024 Q3	$1.43M	Buy	44,580 +17,705	+66%	+$493K	0.94%	25
2024 Q2	$659K	Buy	26,875 +2,000	+8%	+$49.1K	0.43%	46
2024 Q1	$612K	Buy	+24,875	New	+$596K	0.37%	55

Other funds holding FNWD

AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return

PCA

PL Capital Advisors Naples, Florida $360M AUM 32.54% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Finward Bancorp Munster, Indiana $132M AUM 22.33% 1-Year Est. Return

ECA

Endeavour Capital Advisors Greenwich, Connecticut $487M AUM 31.85% 1-Year Est. Return

EPCA

Elizabeth Park Capital Advisors Pepper Pike, Ohio $145M AUM 35.04% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Hotchkis & Wiley Capital Management Los Angeles, California $34.3B AUM 22.63% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Black Maple Capital Management's FNWD Position: Q2 2026 in Review

Black Maple Capital Management reduced its Finward Bancorp (FNWD) stake by 17% in Q2 2026, selling an estimated $82.9K and leaving 12,197 shares worth $449K. The position accounts for 0.25% of the portfolio, ranked #53.

Black Maple Capital Management first reported a position in FNWD in Q1 2024 and has held it in 10 quarters since. The position peaked at $1.43M in Q3 2024. 72 funds tracked by Wall St. Rank hold FNWD as of Q2 2026.

Black Maple Capital Management held 12,197 shares of Finward Bancorp worth $449K as of Q2 2026.
Black Maple Capital Management sold 2,481 Finward Bancorp shares in Q2 2026, an estimated $82.9K.
Finward Bancorp made up 0.25% of Black Maple Capital Management's portfolio in Q2 2026, its #53 holding.
Black Maple Capital Management first reported a position in Finward Bancorp in Q1 2024 and has held it in 10 quarters since.
Black Maple Capital Management's Finward Bancorp position peaked at $1.43M in Q3 2024.
72 funds tracked by Wall St. Rank held Finward Bancorp as of Q2 2026.

Based on Black Maple Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.