New Positions
15 managers initiated
Top five by reported value
- GOLDMAN SACHS GROUP INC$1.9M
- CITADEL ADVISORS LLC$431.1K
- Trexquant Investment LP$360.1K
- TWO SIGMA INVESTMENTS, LP$286.1K
- MARSHALL WACE, LLP$279.8K
Finward Bancorp NCM:FNWD
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
15 new25 added30 reduced2 exited
Total Institutional Holders
70
as of 2025-12-31
Top Holder
ALLIANCEBERNSTEIN L.P.
$14.5M
Largest QoQ Increase
GOLDMAN SACHS GROUP INC
+54,562 sh
Largest QoQ Decrease
Black Maple Capital Management LP
-8,758 sh
New Positions(15)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC | 54,562 | +54,562 | $1.9M | +$1.9M | — |
| CITADEL ADVISORS LLC | 12,251 | +12,251 | $431.1K | +$431.1K | — |
| Trexquant Investment LP | 10,233 | +10,233 | $360.1K | +$360.1K | — |
| TWO SIGMA INVESTMENTS, LP | 8,129 | +8,129 | $286.1K | +$286.1K | — |
| MARSHALL WACE, LLP | 7,950 | +7,950 | $279.8K | +$279.8K | — |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 6,742 | +6,742 | $237.3K | +$237.3K | — |
| AMERICAN CENTURY COMPANIES INC | 6,406 | +6,406 | $225.4K | +$225.4K | — |
| Trust Co | 500 | +500 | $17.6K | +$17.6K | — |
| UBS ASSET MANAGEMENT AMERICAS INC | 100 | +100 | $3.5K | +$3.5K | — |
| IFP Advisors, Inc | 46 | +46 | $1.6K | +$1.6K | — |
| Allworth Financial LP | 9 | +9 | $317 | +$317 | — |
| Farther Finance Advisors, LLC | 7 | +7 | $246 | +$246 | — |
| MAI Capital Management | 4 | +4 | $141 | +$141 | — |
| Sunbelt Securities, Inc. | 1 | +1 | $35 | +$35 | — |
| State of Alaska, Department of Revenue | 579 | +579 | $20 | +$20 | — |
Added To(25)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| ALLIANCEBERNSTEIN L.P. | 412,735 | +9,031 | $14.5M | +$1.6M | 2.2% |
| BlackRock, Inc. | 161,666 | +9,501 | $5.7M | +$806.1K | 6.2% |
| VANGUARD GROUP INC | 200,007 | +5,380 | $7.0M | +$792.7K | 2.8% |
| UBS Group AG | 23,707 | +12,307 | $834.2K | +$468.4K | 108.0% |
| WELLINGTON MANAGEMENT GROUP LLP | 54,049 | +4,291 | $1.9M | +$305.3K | 8.6% |
| COMMONWEALTH EQUITY SERVICES, LLC | 7,959 | +20 | $280.1K | +$279.8K | 0.3% |
| GEODE CAPITAL MANAGEMENT, LLC | 81,959 | +713 | $2.9M | +$277.0K | 0.9% |
| STATE STREET CORP | 47,106 | +1,483 | $1.7M | +$193.6K | 3.3% |
| AQR CAPITAL MANAGEMENT LLC | 15,353 | +4,420 | $540.3K | +$189.4K | 40.4% |
| RENAISSANCE TECHNOLOGIES LLC | 49,434 | +358 | $1.7M | +$164.7K | 0.7% |
| DIMENSIONAL FUND ADVISORS LP | 22,869 | +1,411 | $804.8K | +$116.2K | 6.6% |
| MORGAN STANLEY | 13,588 | +778 | $478.2K | +$67.1K | 6.1% |
| PNC Financial Services Group, Inc. | 20,044 | +34 | $705.3K | +$63.2K | 0.2% |
| WELLS FARGO & COMPANY/MN | 3,847 | +1,216 | $135.4K | +$50.9K | 46.2% |
| BANK OF AMERICA CORP /DE/ | 2,765 | +850 | $97.3K | +$35.8K | 44.4% |
| Bank of New York Mellon Corp | 8,904 | +149 | $313.3K | +$32.4K | 1.7% |
| Russell Investments Group, Ltd. | 1,898 | +566 | $66.8K | +$24.0K | 42.5% |
| BARCLAYS PLC | 6,395 | +1,533 | $176.6K | +$20.6K | 31.5% |
| BNP PARIBAS ARBITRAGE, SNC | 1,670 | +379 | $58.8K | +$17.3K | 29.4% |
| Royal Bank of Canada | 530 | +256 | $19.0K | +$12.0K | 93.4% |
| FEDERATED HERMES, INC. | 787 | +93 | $27.7K | +$5.4K | 13.4% |
| CITIGROUP INC | 78 | +38 | $2.7K | +$1.5K | 95.0% |
| EverSource Wealth Advisors, LLC | 54 | +19 | $1.9K | +$777 | 54.3% |
| ACADIAN ASSET MANAGEMENT LLC | 38,045 | +4,897 | $1.3K | +$278 | 14.8% |
| CWM, LLC | 897 | +295 | $32 | +$13 | 49.0% |
Reduced(30)
Sold Out(2)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| SRS Capital Advisors, Inc. | 0 | -379 | $0 | -$12.2K | — |
| SBI Securities Co., Ltd. | 0 | -1 | $0 | -$32 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| ALLIANCEBERNSTEIN L.P. | 412,735 | $14.5M | +9,031 | 2.2% |
| PL Capital Advisors, LLC | 395,716 | $13.9M | 0 | 0.0% |
| VANGUARD GROUP INC | 200,007 | $7.0M | +5,380 | 2.8% |
| BlackRock, Inc. | 161,666 | $5.7M | +9,501 | 6.2% |
| Finward Bancorp | 136,288 | $4.8M | -554 | -0.4% |
| ENDEAVOUR CAPITAL ADVISORS INC | 99,543 | $3.5M | 0 | 0.0% |
| GEODE CAPITAL MANAGEMENT, LLC | 81,959 | $2.9M | +713 | 0.9% |
| GOLDMAN SACHS GROUP INC | 54,562 | $1.9M | +54,562 | — |
| WELLINGTON MANAGEMENT GROUP LLP | 54,049 | $1.9M | +4,291 | 8.6% |
| RENAISSANCE TECHNOLOGIES LLC | 49,434 | $1.7M | +358 | 0.7% |
| STATE STREET CORP | 47,106 | $1.7M | +1,483 | 3.3% |
| Caldwell Trust Co | 40,430 | $1.4M | 0 | 0.0% |
| NORTHERN TRUST CORP | 29,208 | $1.0M | -2,331 | -7.4% |
| RAFFLES ASSOCIATES LP | 26,580 | $935.4K | 0 | 0.0% |
| UBS Group AG | 23,707 | $834.2K | +12,307 | 108.0% |
| DIMENSIONAL FUND ADVISORS LP | 22,869 | $804.8K | +1,411 | 6.6% |
| Black Maple Capital Management LP | 21,242 | $747.5K | -8,758 | -29.2% |
| PNC Financial Services Group, Inc. | 20,044 | $705.3K | +34 | 0.2% |
| OLD NATIONAL BANCORP /IN/ | 15,999 | $563.0K | 0 | 0.0% |
| AQR CAPITAL MANAGEMENT LLC | 15,353 | $540.3K | +4,420 | 40.4% |
New & Closed Positions this quarter
Closed Positions
2 managers exited
Top five by prior-quarter value
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for FNWD against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.