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Finward Bancorp

60 hedge funds and large institutions have $62.2M invested in Finward Bancorp in 2025 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 5

33% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 12

25% more funds holding

Funds holding: 4860 (+12)

25% more capital invested

Capital invested by funds: $49.9M → $62.2M (+$12.3M)

3.03% more ownership

Funds ownership: 41.78%44.81% (+3%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
60
Holders Change
+12
Holders Change %
+25%
% of All Funds
0.79%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
16
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
1
AllianceBernstein
Tennessee
$13M +$1.52M +51,038 +14%
PCA
2
PL Capital Advisors
Florida
$12.7M
Vanguard Group
3
Vanguard Group
Pennsylvania
$6.25M -$35.6K -1,199 -0.6%
BlackRock
4
BlackRock
New York
$4.88M +$636K +21,424 +16%
FB
5
Finward Bancorp
Indiana
$4.39M -$136K -4,564 -3%
ECA
6
Endeavour Capital Advisors
Connecticut
$3.19M
Geode Capital Management
7
Geode Capital Management
Massachusetts
$2.61M -$12.6K -423 -0.5%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$1.6M +$1.48M +49,758 New
Renaissance Technologies
9
Renaissance Technologies
New York
$1.57M +$902K +30,376 +162%
State Street
10
State Street
Massachusetts
$1.46M +$357K +12,016 +36%
CT
11
Caldwell Trust
Florida
$1.3M
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$1.06M +$985K +33,148 New
Northern Trust
13
Northern Trust
Illinois
$1.01M -$45.6K -1,535 -5%
BMCM
14
Black Maple Capital Management
Wisconsin
$963K
RA
15
Raffles Associates
New York
$853K
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$689K -$10.7K -361 -2%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$642K +$297 +10 +0.1%
ONB
18
Old National Bancorp
Indiana
$513K -$30 -1 -0%
Morgan Stanley
19
Morgan Stanley
New York
$411K +$97.4K +3,279 +34%
UBS Group
20
UBS Group
Switzerland
$366K +$131K +4,395 +63%
AQR Capital Management
21
AQR Capital Management
Connecticut
$351K +$325K +10,933 New
MFIM
22
Mesirow Financial Investment Management
Illinois
$342K
Charles Schwab
23
Charles Schwab
California
$333K
Bank of New York Mellon
24
Bank of New York Mellon
New York
$281K +$260K +8,755 New
PAG
25
Private Advisor Group
New Jersey
$269K

FNWD Hedge Fund Activity: Q3 2025 in Review

60 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Finward Bancorp (FNWD) for Q3 2025, worth a combined $62.2M — up 25% from $49.9M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FNWD positions and 5 closed out — a net gain of 12 holders — while 16 added to existing stakes and 12 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $1.52M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $1.52M sold.

  • 60 institutional investors held Finward Bancorp (FNWD) as of Q3 2025, up from 48 in Q2 2025.
  • Funds reported $62.2M of Finward Bancorp stock for Q3 2025, up 25% quarter-over-quarter.
  • 17 funds opened new Finward Bancorp positions in Q3 2025 and 5 closed out, a net change of +12 holders.
  • The largest Finward Bancorp buyer in Q3 2025 was AllianceBernstein, an estimated $1.52M added.
  • The largest Finward Bancorp seller in Q3 2025 was Fourthstone LLC, an estimated $1.52M sold.

Based on aggregated 13F filings for Q3 2025.