Finward Bancorp (FNWD) Ownership
FNWD ownership summary
as of October 18, 2026- Institutions
- 46.7% of shares outstanding
- Insiders
- 21.74% of shares outstanding
- Shares outstanding
- 4.3M
- Float
- 3.4M shares available to trade
- Short interest
- 2.98% 112K shares short
- Days to cover
- 8.94 short interest down 0.8% vs prior month
- Institutions 46.74%
- Insiders 21.74%
- Other investors 31.52%
FNWD top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | AllianceBernstein L.P. | 9.63% | 417K | $17.5M | +3,455 (+0.8%) | June 30, 2026 |
| 2 | PL Capital Advisors, LLC | 9.14% | 396K | $16.6M | — | June 30, 2026 |
| 3 | Vanguard Capital Management, LLC | 3.74% | 162K | $6.8M | −153 (−0.1%) | June 30, 2026 |
| 4 | Endeavour Capital Advisors Inc | 2.30% | 100K | $4.2M | — | June 30, 2026 |
| 5 | Elizabeth Park Capital Advisors, Ltd | 1.33% | 58K | $2.4M | +57,622 (0.0%) | June 30, 2026 |
| 6 | Wellington Management Company LLP | 1.24% | 54K | $2.2M | −1,554 (−2.8%) | June 30, 2026 |
| 7 | Raffles Associates LP | 1.23% | 53K | $2.2M | +26,580 (+100.0%) | June 30, 2026 |
| 8 | Renaissance Technologies Corp | 1.05% | 45K | $1.9M | +200 (+0.4%) | June 30, 2026 |
| 9 | Hotchkis & Wiley Capital Management LLC | 1.04% | 45K | $1.9M | +300 (+0.7%) | June 30, 2026 |
| 10 | Geode Capital Management, LLC | 0.97% | 42K | $1.8M | −38,680 (−48.0%) | June 30, 2026 |
| 11 | Acadian Asset Management LLC | 0.96% | 41K | $1.7M | +561 (+1.4%) | June 30, 2026 |
| 12 | Caldwell Trust | 0.93% | 40K | $1.7M | — | June 30, 2026 |
| 13 | Millennium Management LLC | 0.83% | 36K | $1.5M | +36,086 (0.0%) | June 30, 2026 |
| 14 | Fifth Third Bancorp | 0.69% | 30K | $1.2M | +28,805 (+2,880.5%) | June 30, 2026 |
| 15 | Dimensional Fund Advisors, Inc. | 0.55% | 24K | $1.0M | −297 (−1.2%) | June 30, 2026 |
| 16 | Vanguard Fiduciary Trust Co | 0.55% | 24K | $998,269 | +310 (+1.3%) | June 30, 2026 |
| 17 | Fiduciary Trust Co | 0.54% | 23K | $978,227 | +13,640 (+140.8%) | June 30, 2026 |
| 18 | BlackRock Inc | 0.52% | 23K | $943,551 | −137,740 (−86.0%) | June 30, 2026 |
| 19 | Fourthstone LLC | 0.48% | 21K | $879,524 | +20,976 (0.0%) | June 30, 2026 |
| 20 | PNC Financial Services Group Inc | 0.46% | 20K | $839,984 | −13 (−0.1%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 11 holders added 189K shares and 6 cut 178K.
FNWD top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 2.58% | 112K | $4.7M | — | August 31, 2026 |
| 2 | Fidelity Extended Market Index | 0.45% | 19K | $810,591 | −104 (−0.5%) | August 31, 2026 |
| 3 | Hotchkis & Wiley Sm Cp Divers Val I | 0.26% | 11K | $473,809 | — | August 31, 2026 |
| 4 | iShares Micro-Cap ETF | 0.26% | 11K | $463,872 | −76 (−0.7%) | September 30, 2026 |
| 5 | Principal SmallCap Value II Instl | 0.16% | 6,900 | $289,317 | — | August 31, 2026 |
| 6 | Fidelity Total Market Index | 0.15% | 6,461 | $270,910 | — | August 31, 2026 |
| 7 | Fidelity Series Total Market Index | 0.13% | 5,650 | $236,904 | — | August 31, 2026 |
| 8 | Dimensional US Core Equity 2 ETF | 0.12% | 5,104 | $214,011 | — | September 30, 2026 |
| 9 | Pender Alternative Arbitrage Plus F | 0.12% | 5,100 | $213,843 | — | September 30, 2026 |
| 10 | Avantis US Small Cap Value ETF | 0.10% | 4,543 | $190,488 | — | September 30, 2026 |
| 11 | AST Small-Cap Equity Portfolio | 0.10% | 4,500 | $188,685 | — | August 31, 2026 |
| 12 | Multi-Manager Small Cap Eq Strat Inst | 0.09% | 4,100 | $171,913 | — | August 31, 2026 |
| 13 | Empower Small Cap Value Inv | 0.07% | 3,100 | $129,983 | — | June 30, 2026 |
| 14 | DFA US Targeted Value I | 0.07% | 2,970 | $124,532 | — | August 31, 2026 |
| 15 | Vanguard MStar Inst Ttl StkMktIdxInstlPl | 0.06% | 2,561 | $107,383 | — | August 31, 2026 |
| 16 | Dimensional US Targeted Value ETF | 0.05% | 2,228 | $93,420 | +6 (+0.3%) | September 30, 2026 |
| 17 | Avantis US Small Cap Equity ETF | 0.05% | 2,078 | $87,131 | — | September 30, 2026 |
| 18 | Fidelity Nasdaq Composite Index | 0.05% | 2,064 | $86,544 | — | August 31, 2026 |
| 19 | Vanguard Balanced Index Inv | 0.04% | 1,917 | $80,380 | — | August 31, 2026 |
| 20 | Schwab Total Stock Market Index | 0.04% | 1,806 | $75,726 | — | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
FNWD insider transactions
latest 10| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2025-12-30 | Benjamin J Bochnowski | Buy | $35.56 | 6 | $213 |
| 2025-12-30 | Robert T Lowry | Buy | $35.56 | 51 | $1,814 |
| 2025-12-30 | Todd M Scheub | Buy | $35.56 | 39 | $1,387 |
| 2025-06-13 | Benjamin J Bochnowski | Buy | $29.00 | 100 | $2,900 |
| 2025-06-13 | Benjamin Louis Schmitt | Buy | $28.98 | 500 | $14,490 |
| 2025-06-12 | Benjamin J Bochnowski | Buy | $29.75 | 260 | $7,735 |
| 2025-05-12 | Benjamin J Bochnowski | Buy | $30.52 | 7 | $214 |
| 2025-05-12 | Robert T Lowry | Buy | $30.52 | 59 | $1,801 |
| 2025-05-12 | Todd M Scheub | Buy | $30.52 | 45 | $1,373 |
| 2025-04-27 | Todd M Scheub | Sell | $30.92 | 375 | $11,595 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
FNWD shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns FNWD
Institutional investors own 46.7% of Finward Bancorp's shares and insiders 21.74%. The largest holder is AllianceBernstein L.P. with 9.63% of the shares (417K), as of June 30, 2026. Among the top 20 institutions, 11 added shares and 6 reduced their stake in the latest filings. Short interest is 2.98% of the float, or 8.94 days of average trading volume. The share count rose 51.2% since 2014.
Related: FNWD analyst forecast, FNWD key metrics, FNWD dividend history. See the FNWD stock overview for the latest quote and news.
FNWD ownership FAQ
Who owns the most Finward Bancorp stock?
The largest shareholders of Finward Bancorp are AllianceBernstein L.P. (9.63%), PL Capital Advisors, LLC (9.14%), Vanguard Capital Management, LLC (3.74%), Endeavour Capital Advisors Inc (2.30%), Elizabeth Park Capital Advisors, Ltd (1.33%).
What percentage of Finward Bancorp is owned by institutions?
Institutions hold 46.7% of Finward Bancorp's shares outstanding; insiders hold 21.74%.
Which funds own Finward Bancorp?
The largest fund holders of Finward Bancorp are Vanguard MStar Total Stk Mkt Idx Invest (2.58%), Fidelity Extended Market Index (0.45%), Hotchkis & Wiley Sm Cp Divers Val I (0.26%), iShares Micro-Cap ETF (0.26%), Principal SmallCap Value II Instl (0.16%).
What is Finward Bancorp's short interest?
112K shares of Finward Bancorp were sold short, 2.98% of the float; at the average daily volume it would take 8.94 days to cover.
Are insiders buying or selling Finward Bancorp?
Of the latest 10 reported insider transactions in Finward Bancorp (since April 27, 2025), 9 were purchases and 1 were sales.
How many shares of Finward Bancorp are outstanding?
Finward Bancorp has 4.3M shares outstanding, of which 3.4M are in the public float.