Finward Bancorp
FNWD
71 hedge funds and large institutions have $73.4M invested in Finward Bancorp in 2026 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 18 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.18% less ownership
Funds ownership: 48.38% → 46.21% (-2.2%)
8% less funds holding
Funds holding: 77 → 71 (-6)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
28% less capital inflows, than outflows
Capital inflows: $8.36M | Capital outflows: $11.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$1.92M |
| 2 |
Millennium Management
New York
|
+$1.21M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$962K |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$701K |
| 5 |
Jane Street
New York
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.6M |
| 2 |
Goldman Sachs
New York
|
-$1.49M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.29M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.11M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$723K |
FNWD Hedge Fund Activity: Q2 2026 in Review
71 of the 8,358 institutional investors tracked by Wall St. Rank reported a position in Finward Bancorp (FNWD) for Q2 2026, worth a combined $73.4M — down 2.9% from $75.6M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FNWD and 14 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 18 added.
The largest buyer was Elizabeth Park Capital Advisors, opening a new position worth an estimated $1.92M. The largest seller was BlackRock, cutting an estimated $4.6M.
- 71 institutional investors held Finward Bancorp (FNWD) as of Q2 2026, down from 77 in Q1 2026.
- Funds reported $73.4M of Finward Bancorp stock for Q2 2026, down 2.9% quarter-over-quarter.
- 14 funds opened new Finward Bancorp positions in Q2 2026 and 18 closed out, a net change of -4 holders.
- The largest Finward Bancorp buyer in Q2 2026 was Elizabeth Park Capital Advisors, an estimated $1.92M added.
- The largest Finward Bancorp seller in Q2 2026 was BlackRock, an estimated $4.6M sold.
Based on aggregated 13F filings for Q2 2026.