1y return+18.6%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2024: $126 against $127 in the S&P 500.2
Finward BancorpS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VOOVanguard S&p 500 Etf | $8.6M | 6.6% | −1.1% |
| SKORFlexshares Tr | $8.5M | 6.4% | +5.7% |
| CWBState Street Spdr Bloomberg | $7.6M | 5.7% | |
| MSFTMicrosoft Corp | $6.3M | 4.8% | |
| VUGVanguard Growth Etf (mkt) | $6.1M | 4.6% | |
| QQQInvesco Qqq Trust | $5.8M | 4.4% | +3.7% |
| AAPLApple Inc | $5.2M | 3.9% | |
| FNWDFinward Bancorp | $4.8M | 3.7% | |
| VIGVanguard Dividend Apprec Idx Etf | $3.4M | 2.6% | +2.0% |
| MGKVanguard Mega Cap Growth Etf | $2.8M | 2.1% | |
| VGTVanguard Information Technology | $2.7M | 2.1% | |
| JNJJohnson & Johnson | $2.7M | 2.0% | |
| SPGPInvesco S&p 500 Garp Etf | $2.4M | 1.8% | −29.3% |
| IJHIshares Core S&p Mid-cap (mkt) | $2.4M | 1.8% | +8.9% |
| XLKState Street Technology Select | $2.3M | 1.7% | +1.3% |
| MGVVanguard Mega Cap Value Etf | $2.2M | 1.7% | +1.1% |
| JPMJpmorgan Chase & Co | $2.1M | 1.6% | |
| FVDFirst Trust Value Line Dividend | $2.1M | 1.6% | |
| VIGIVanguard Intl Div Apprec Etf | $1.8M | 1.3% | +4.1% |
| ABBVAbbvie Inc | $1.6M | 1.2% | |
| VTVVanguard Value Etf (mkt) | $1.6M | 1.2% | +48.3% |
| IJRIshares Core S&p Small-cap (mkt) | $1.6M | 1.2% | +3.3% |
| VYMVanguard High Dividend Yield | $1.6M | 1.2% | +3.6% |
| NOBLProshares S&p 500 Dividend | $1.4M | 1.1% | −21.9% |
| NINisource Inc | $1.3M | 1.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| WPMWheaton Precious Metals Corp | December 31, 2024 | +99.7% | $1.3M |
| GOOGLAlphabet Inc | December 31, 2024 | +88.8% | $839K |
| WELLWelltower Inc | December 31, 2024 | +80.1% | $1.1M |
| JNJJohnson & Johnson | December 31, 2024 | +75.6% | $2.7M |
| XLKState Street Technology Select | December 31, 2024 | +63.9% | $2.3M |
| VGTVanguard Information Technology | December 31, 2024 | +53.8% | $2.7M |
| ETREntergy Corp | December 31, 2024 | +51.5% | $972K |
| QQQInvesco Qqq Trust | December 31, 2024 | +44.0% | $5.8M |
| ABBVAbbvie Inc | December 31, 2024 | +41.6% | $1.6M |
| XLIState Street Industrial Select | December 31, 2024 | +40.6% | $839K |
Sold off last quarter
- SPXLDirexion Daily S&p 500 Bull 3x was $3.3M
- TQQQProshares Ultrapro Qqq was $3.0M
- TAXFAmerican Century Diversified was $269K
- BNTXBiontech Se was $261K
- SPHDInvesco S&p 500 High Div Low Vol was $256K
- Keel Infrastructure CorpCUSIP 09173B107 was $26K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.8% | +14.8% |
| March 31, 2026 | −3.0% | −4.6% |
| December 31, 2025 | +0.9% | +2.4% |
| September 30, 2025 | +8.3% | +7.8% |
| June 30, 2025 | +9.1% | +10.5% |
| March 31, 2025 | −3.0% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Finward Bancorp Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=919864&type=13F-HR&dateb=&owner=include&count=40CIK 919864
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/919864/000162828026048414/Filed July 16, 2026 · accession 0001628280-26-048414