Forward Industries, Inc. (FWDI) Ownership
FWDI ownership summary
as of October 18, 2026- Institutions
- 43.1% of shares outstanding
- Insiders
- 30.72% of shares outstanding
- Shares outstanding
- 76.3M
- Float
- 61.3M shares available to trade
- Short interest
- 6.87% 4.6M shares short
- Days to cover
- 2.02 short interest down 28.7% vs prior month
- Institutions 43.10%
- Insiders 30.72%
- Other investors 26.18%
FWDI top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Galaxy Digital Inc. | 10.63% | 8.1M | $56.0M | — | June 30, 2026 |
| 2 | J Digital 6 LLC | 10.42% | 7.9M | $54.9M | — | June 30, 2026 |
| 3 | BlackRock Inc | 4.86% | 3.7M | $25.6M | +3.5M (+1,650.7%) | June 30, 2026 |
| 4 | Alyeska Investment Group, L.P. | 4.26% | 3.3M | $22.5M | — | June 30, 2026 |
| 5 | Vanguard Capital Management, LLC | 3.52% | 2.7M | $18.5M | +1.9M (+262.2%) | June 30, 2026 |
| 6 | Geode Capital Management, LLC | 2.55% | 1.9M | $13.4M | +868,896 (+80.8%) | June 30, 2026 |
| 7 | Ghisallo Capital Management LLC | 1.32% | 1.0M | $7.0M | — | June 30, 2026 |
| 8 | Long Corridor Asset Management Ltd | 1.30% | 994K | $6.9M | — | June 30, 2026 |
| 9 | State Street Corp | 1.30% | 989K | $6.8M | +671,735 (+211.8%) | June 30, 2026 |
| 10 | Weiss Asset Management LP | 1.19% | 905K | $6.3M | +904,581 (0.0%) | June 30, 2026 |
| 11 | Polar Asset Management Partners | 1.15% | 875K | $6.0M | −71,409 (−7.5%) | June 30, 2026 |
| 12 | Citadel Advisors Llc | 1.03% | 786K | $5.4M | +187,500 (+31.3%) | June 30, 2026 |
| 13 | Northern Trust Corp | 0.62% | 475K | $3.3M | +329,094 (+226.3%) | June 30, 2026 |
| 14 | Nuveen, LLC | 0.58% | 446K | $3.1M | +446,255 (0.0%) | June 30, 2026 |
| 15 | Vanguard Portfolio Management, LLC | 0.54% | 415K | $2.9M | +415,422 (0.0%) | June 30, 2026 |
| 16 | Vanguard Fiduciary Trust Co | 0.54% | 412K | $2.8M | +56,841 (+16.0%) | June 30, 2026 |
| 17 | UBS Group AG | 0.51% | 388K | $2.7M | +265,188 (+215.9%) | June 30, 2026 |
| 18 | Lazard Asset Management LLC | 0.26% | 202K | $1.4M | −197,851 (−49.5%) | June 30, 2026 |
| 19 | Morgan Stanley - Brokerage Accounts | 0.25% | 192K | $1.3M | +82,110 (+74.8%) | June 30, 2026 |
| 20 | Renaissance Technologies Corp | 0.25% | 189K | $1.3M | −211,370 (−52.8%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 12 holders added 9.7M shares and 3 cut 481K.
FWDI top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 2.56% | 2.0M | $13.5M | — | August 31, 2026 |
| 2 | iShares Russell 2000 ETF | 1.81% | 1.4M | $9.5M | −15,936 (−1.1%) | September 30, 2026 |
| 3 | R-co Thematic Blockchain Global Eq I EUR | 1.15% | 875K | $6.0M | +71,254 (+8.9%) | July 31, 2026 |
| 4 | Fidelity Small Cap Index | 0.89% | 677K | $4.7M | +2,696 (+0.4%) | July 31, 2026 |
| 5 | iShares Russell 2000 Value ETF | 0.64% | 490K | $3.4M | +744 (+0.2%) | September 30, 2026 |
| 6 | Nuveen Equity Index R6 | 0.48% | 364K | $2.5M | — | August 31, 2026 |
| 7 | Vanguard Russell 2000 ETF | 0.47% | 357K | $2.5M | +8,778 (+2.5%) | August 31, 2026 |
| 8 | Fidelity Extended Market Index | 0.41% | 309K | $2.1M | +14,424 (+4.9%) | August 31, 2026 |
| 9 | Lazard Baylight US Sm Cap Eq WW Dist EUR | 0.23% | 179K | $1.2M | −39,561 (−18.1%) | June 30, 2026 |
| 10 | iShares Micro-Cap ETF | 0.22% | 165K | $1.1M | −1,140 (−0.7%) | September 30, 2026 |
| 11 | Schwab Small Cap Index | 0.20% | 149K | $1.0M | — | August 31, 2026 |
| 12 | Fidelity Total Market Index | 0.16% | 120K | $831,695 | −16,339 (−12.0%) | August 31, 2026 |
| 13 | iShares Russell 2000 Small-Cap Idx Instl | 0.15% | 116K | $801,394 | — | August 31, 2026 |
| 14 | Fidelity Series Total Market Index | 0.12% | 93K | $644,406 | −7,872 (−7.8%) | August 31, 2026 |
| 15 | Stt Strt SPDR® Russell2000 US SmCapETF | 0.12% | 90K | $620,677 | +4,288 (+5.0%) | August 31, 2026 |
| 16 | Fidelity Small Cap Value Index | 0.12% | 88K | $610,160 | +1,362 (+1.6%) | July 31, 2026 |
| 17 | Nuveen Small Cap Blend Idx R6 | 0.11% | 82K | $567,843 | — | August 31, 2026 |
| 18 | Mélanion BTC Eqs Universe ETF EUR | 0.09% | 71K | $490,962 | — | September 30, 2026 |
| 19 | EQ/2000 Managed Volatility IB | 0.09% | 67K | $464,062 | — | August 31, 2026 |
| 20 | CREF Total Global Stock Account R3 | 0.08% | 60K | $415,222 | +60,090 (0.0%) | July 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
FWDI shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns FWDI
Institutional investors own 43.1% of Forward Industries's shares and insiders 30.72%. The largest holder is Galaxy Digital Inc. with 10.63% of the shares (8.1M), as of June 30, 2026. Among the top 20 institutions, 12 added shares and 3 reduced their stake in the latest filings. Short interest is 6.87% of the float, or 2.02 days of average trading volume. The share count rose 1,073.7% since 2014.
Related: FWDI analyst forecast, FWDI key metrics. See the FWDI stock overview for the latest quote and news.
FWDI ownership FAQ
Who owns the most Forward Industries stock?
The largest shareholders of Forward Industries are Galaxy Digital Inc. (10.63%), J Digital 6 LLC (10.42%), BlackRock Inc (4.86%), Alyeska Investment Group, L.P. (4.26%), Vanguard Capital Management, LLC (3.52%).
What percentage of Forward Industries is owned by institutions?
Institutions hold 43.1% of Forward Industries's shares outstanding; insiders hold 30.72%.
Which funds own Forward Industries?
The largest fund holders of Forward Industries are Vanguard MStar Total Stk Mkt Idx Invest (2.56%), iShares Russell 2000 ETF (1.81%), R-co Thematic Blockchain Global Eq I EUR (1.15%), Fidelity Small Cap Index (0.89%), iShares Russell 2000 Value ETF (0.64%).
What is Forward Industries's short interest?
4.6M shares of Forward Industries were sold short, 6.87% of the float; at the average daily volume it would take 2.02 days to cover.
How many shares of Forward Industries are outstanding?
Forward Industries has 76.3M shares outstanding, of which 61.3M are in the public float.