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Finward Bancorp — 13F Holdings & Portfolio

CIK 919864 · latest 13F-HR filed 2026-10-14

Backtest portfolio

Finward Bancorp manages $135.6M in 13F-reported U.S. long-equity assets across 178 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SKOR (5.48%), VOO (5.26%), MSFT (4.48%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 3 new positions and exited 7; 18 existing positions rose in reported value and 39 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$135.6M

Long-equity book

Holdings
178

Distinct positions

Period
2026-09-30

Filed 2026-10-14

Q/Q Activity
+3 / −7 / ↑18 / ↓39

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
VOO6.3% · -2%SKOR6.2% · +4%MSFT6.1% · -4%CWB5.3% · +2%VUG4.5% · -5%AAPL4.5% · +2%QQQ4.2% · -1%FNWD4.0% · -2%TQQQ3.1% · newVIG2.5% · +3%JNJ2.0% · -2%MGK1.9% · -11%VGT1.9% · -9%XLK1.7% · +2%SPGP1.7% · -2%MGV1.7% · +5%IJH1.7% · +1%JPM1.6% · -0%FVD1.5% · -0%VIGI1.3% · -0%ABBV1.2% · -3%VYM1.2% · +1%WPM1.1% · 0%IJR1.1% · +4%VTV1.1% · -5%KO0.9% · +1%NOBL0.9% · -6%AMZN0.9% · -5%WELL0.9% · +2%NI0.8% · +1%PG0.8% · 0%XOM0.8% · -0%VOT0.7% · -6%MCD0.7% · -2%XLU0.7% · +0%V0.7% · -2%GLD0.6% · +1%INTC0.6% · -10%ETR0.6% · 0%XLI0.5% · -2%META0.5% · 0%DTE0.5% · 0%FDL0.5% · -6%IMTM0.5% · 0%TRV0.5% · -7%GOOGL0.5% · -18%AGG0.5% · -1%DUK0.5% · -2%SPY0.5% · +9%BP0.5% · 0%VHT0.5% · +2%VB0.5% · 0%NVDA0.5% · +4%EFA0.4% · -9%VZ0.4% · -1%SO0.4% · +2%XLF0.4% · +2%ABT0.4% · 0%AEP0.4% · +4%LLY0.4% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 46.7%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

Name Title / Status Ownership Type

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 18 →

Top Trims

Show all 39 →

New Positions

Show all 3 →

Exited Positions

Show all 7 →

Finward Bancorp Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 NORTHERN TRUST CREDIT-SCORED US SKOR 33939L761 $7.4M 5.48% 159,014 SH
2 VANGUARD S&P 500 ETF VOO 922908363 $7.1M 5.26% 10,182 SH
3 MICROSOFT CORP MSFT 594918104 $6.1M 4.48% 11,841 SH
4 VANGUARD MORNINGSTAR GROWTH ETF VUG 922908736 $5.8M 4.27% 64,214 SH
5 INVESCO QQQ TRUST QQQ 46090E103 $5.7M 4.17% 7,651 SH
6 STATE STREET SPDR BLOOMBERG CWB 78464A359 $5.0M 3.70% 49,561 SH
7 APPLE INC AAPL 037833100 $4.4M 3.24% 13,180 SH
8 FINWARD BANCORP FNWD 31812F109 $4.0M 2.97% 96,684 SH
9 PROSHARES ULTRAPRO QQQ TQQQ 74347X831 $3.4M 2.48% 43,074 SH
10 VANGUARD DIVIDEND APPREC IDX ETF VIG 921908844 $3.0M 2.21% 12,871 SH
11 VANGUARD MORNINGSTAR MEGA CAP MGK 921910816 $2.4M 1.76% 25,821 SH
12 JOHNSON & JOHNSON JNJ 478160104 $2.4M 1.74% 8,930 SH
13 STATE STREET TECHNOLOGY SELECT XLK 81369Y803 $2.3M 1.71% 11,847 SH
14 MICROSOFT CORP MSFT 594918104 $2.2M 1.65% 4,357 SH
15 VANGUARD MORNINGSTAR MEGA CAP MGV 921910840 $2.2M 1.64% 13,840 SH
16 STATE STREET SPDR BLOOMBERG CWB 78464A359 $2.2M 1.63% 21,880 SH
17 JPMORGAN CHASE & CO JPM 46625H100 $2.1M 1.52% 6,248 SH
18 FIRST TRUST VALUE LINE DIVIDEND FVD 33734H106 $1.9M 1.39% 40,112 SH
19 INVESCO S&P 500 GARP ETF SPGP 46137V431 $1.9M 1.37% 15,684 SH
20 VANGUARD INFORMATION TECHNOLOGY VGT 92204A702 $1.8M 1.34% 14,431 SH
21 ISHARES CORE S&P MID-CAP (MKT) IJH 464287507 $1.8M 1.34% 25,178 SH
22 VANGUARD INTL DIV APPREC ETF VIGI 921946810 $1.8M 1.29% 18,562 SH
23 APPLE INC AAPL 037833100 $1.6M 1.21% 4,947 SH
24 WHEATON PRECIOUS METALS CORP WPM 962879102 $1.5M 1.12% 11,400 SH
25 VANGUARD S&P 500 ETF VOO 922908363 $1.5M 1.08% 2,082 SH
26 VANGUARD HIGH DIVIDEND YIELD VYM 921946406 $1.4M 1.04% 9,079 SH
27 ISHARES CORE S&P SMALL-CAP (MKT) IJR 464287804 $1.4M 1.01% 10,114 SH
28 FINWARD BANCORP FNWD 31812F109 $1.3M 0.99% 32,087 SH
29 VANGUARD MORNINGSTAR VALUE ETF VTV 922908744 $1.3M 0.98% 6,141 SH
30 ABBVIE INC ABBV 00287Y109 $1.2M 0.86% 4,456 SH
31 COCA COLA CO KO 191216100 $1.1M 0.84% 13,165 SH
32 AMAZON COM INC SR GLBL NT AMZN 023135106 $1.1M 0.81% 4,427 SH
33 NORTHERN TRUST CREDIT-SCORED US SKOR 33939L761 $1.0M 0.76% 22,166 SH
34 PROSHARES S&P 500 DIVIDEND NOBL 74348A467 $1.0M 0.75% 18,912 SH
35 VANGUARD MORNINGSTARR MID-CAP VOT 922908538 $966.9K 0.71% 3,310 SH
36 PROCTER & GAMBLE CO PG 742718109 $889.1K 0.66% 6,120 SH
37 WELLTOWER INC WELL 95040Q104 $884.4K 0.65% 3,841 SH
38 UTILITIES SELECT SECTOR SPDRR XLU 81369Y886 $883.9K 0.65% 22,411 SH
39 ENTERGY CORP ETR 29364G103 $839.7K 0.62% 8,460 SH
40 NISOURCE INC NI 65473P105 $824.4K 0.61% 21,138 SH
41 PROSHARES ULTRAPRO QQQ TQQQ 74347X831 $805.7K 0.59% 10,325 SH
42 VANGUARD INFORMATION TECHNOLOGY VGT 92204A702 $792.2K 0.58% 6,304 SH
43 EXXONMOBIL HOLDINGS CORP XOM 30233Q108 $769.3K 0.57% 4,727 SH
44 SPDR GOLD SHARES (MKT) GLD 78463V107 $769.3K 0.57% 2,020 SH
45 INTEL CORP INTC 458140100 $747.2K 0.55% 6,215 SH
46 STATE STREET INDUSTRIAL SELECT XLI 81369Y704 $740.9K 0.55% 4,437 SH
47 DTE ENERGY CO DTE 233331107 $730.8K 0.54% 6,000 SH
48 FIRST TRUST MORNINGSTAR DIV FDL 336917109 $723.2K 0.53% 14,726 SH
49 ISHARES EDGE MSCI INTL MOMENTUM IMTM 46434V449 $705.6K 0.52% 13,407 SH
50 MCDONALDS CORP COM MCD 580135101 $691.9K 0.51% 2,996 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-14 $135.6M 178 0001628280-26-065894
2026-06-30 2026-07-16 $131.9M 184 0001628280-26-048414
2026-03-31 2026-04-10 $125.1M 182 0001628280-26-024650
2025-12-31 2026-01-21 $128.8M 179 0001628280-26-002810
Filer Information
Address
9204 COLUMBIA AVE
MUNSTER, IN 46321
Phone
(219) 836-9690
Filing Manager
Finward Bancorp
Munster, IN
Signatory
Benjamin Schmitt
EVP, Chief Financial Officer