Forward Industries, Inc.: which funds bought and sold

Institutions that bought and sold Forward Industries shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 60 institutions that filed 13F reports for both quarters added to or opened positions in Forward Industries, and 33 cut or closed them. Together they added a net 3.5M shares, +13.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 2.4M shares (−28.3%); index fund managers were net buyers of 7.9M shares (+275.6%). 39 opened a new position and 20 sold out entirely.

Bought, Q2 2026 60 institutions, 39 of them new holders Sold, Q2 2026 33 institutions, 20 of them sold out

Net change, all compared +3.5M shares (+13.4%)

Net change, active managers −2.4M shares (−28.3%), 9 bought, 12 sold

Buyers versus sellers

institutions compared, 105

60 bought 12 33 sold

Active managers and hedge funds 9 bought · 12 sold · −2.4M

Index fund managers 9 bought · 0 sold · +7.9M

Other institutions 42 bought · 21 sold · −2.1M

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Blackrock, Inc. Index funds	+3.5M +1650.7%	3.7M	$15.7M
Vanguard Capital Management LLC Index funds	+1.9M +262.2%	2.7M	$11.3M
Geode Capital Management, LLC Index funds	+869K +80.8%	1.9M	$14.3M
State Street Corp Index funds	+672K +211.8%	989K	$4.2M
Nuveen, LLC	+446K New position	446K	$1.9M
Vanguard Portfolio Management LLC Index funds	+415K New position	415K	$1.8M
Northern Trust Corp Index funds	+329K +226.3%	475K	$2M
UBS Group AG	+265K +215.9%	388K	$1.6M
Citadel Advisors LLC Hedge fund	+188K +31.3%	786K	$3.3M
Bank Of New York Mellon Corp	+157K +887.6%	175K	$739,012
Charles Schwab Investment Management Inc Index funds	+101K +259.4%	140K	$592,315
Man Group PLC Hedge fund	+92K New position	92K	$387,928
D. E. Shaw & Co., Inc. Hedge fund	+89K New position	89K	$374,462
Morgan Stanley	+82K +74.8%	192K	$809,802
Rhumbline Advisers Index funds	+65K New position	65K	$272,341
Deutsche Bank Ag\	+61K New position	61K	$255,462
Vanguard Fiduciary Trust Co Index funds	+57K +16.0%	412K	$1.7M
Wells Fargo & Company	+52K New position	52K	$219,267
Price T Rowe Associates Inc Active manager	+51K New position	51K	$215,000
Citigroup Inc	+46K New position	46K	$195,306

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Citadel Advisors LLC Hedge fund	+188K +31.3%	786K	$3.3M
Man Group PLC Hedge fund	+92K New position	92K	$387,928
D. E. Shaw & Co., Inc. Hedge fund	+89K New position	89K	$374,462
Price T Rowe Associates Inc Active manager	+51K New position	51K	$215,000
Alliancebernstein L.P. Active manager	+23K New position	23K	$97,060
Winton Group Ltd Hedge fund	+21K New position	21K	$88,198
Saba Capital Management, L.P. Hedge fund	+18K +126.1%	32K	$133,238
Intech Investment Management LLC Active manager	+15K New position	15K	$61,848
FMR LLC Active manager	+192 +77.4%	440	$1,856

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Multicoin Capital Management, LLC	−1.8M Sold out	0	—
Marshall Wace, LLP Hedge fund	−1.2M Sold out	0	—
Jane Street Group, LLC	−965K Sold out	0	—
Qube Research & Technologies Ltd Hedge fund	−393K Sold out	0	—
Millennium Management LLC Hedge fund	−365K −90.6%	38K	$160,617
Wolverine Asset Management LLC	−302K −75.2%	100K	$420,055
Renaissance Technologies LLC Hedge fund	−211K −52.8%	189K	$796,964
Lazard Asset Management LLC Active manager	−198K −49.5%	202K	$851,887
Squarepoint Ops LLC Hedge fund	−129K Sold out	0	—
Susquehanna International Group, LLP	−122K −46.9%	139K	$585,247
Brevan Howard Capital Management LP Hedge fund	−112K Sold out	0	—
Two Sigma Investments, LP Hedge fund	−106K −73.4%	38K	$161,242
Goldman Sachs Group Inc	−100K −62.9%	59K	$249,883
Polar Asset Management Partners Inc.	−71K −7.5%	875K	$3.7M
Schonfeld Strategic Advisors LLC Hedge fund	−60K Sold out	0	—
Pantera Capital Partners LP	−51K −25.0%	153K	$645,955
Moore Capital Management, LP Hedge fund	−50K −25.0%	150K	$633,000
Hudson Bay Capital Management LP Hedge fund	−48K Sold out	0	—
Quadrature Capital Ltd Hedge fund	−39K Sold out	0	—
Omers Administration Corp	−39K Sold out	0	—

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Marshall Wace, LLP Hedge fund	−1.2M Sold out	0	—
Qube Research & Technologies Ltd Hedge fund	−393K Sold out	0	—
Millennium Management LLC Hedge fund	−365K −90.6%	38K	$160,617
Renaissance Technologies LLC Hedge fund	−211K −52.8%	189K	$796,964
Lazard Asset Management LLC Active manager	−198K −49.5%	202K	$851,887
Squarepoint Ops LLC Hedge fund	−129K Sold out	0	—
Brevan Howard Capital Management LP Hedge fund	−112K Sold out	0	—
Two Sigma Investments, LP Hedge fund	−106K −73.4%	38K	$161,242
Schonfeld Strategic Advisors LLC Hedge fund	−60K Sold out	0	—
Moore Capital Management, LP Hedge fund	−50K −25.0%	150K	$633,000

New positions

largest by value

Institution	Shares	Value June 30, 2026
Nuveen, LLC	446K	$1.9M
Vanguard Portfolio Management LLCIndex funds	415K	$1.8M
Man Group PLCHedge fund	92K	$387,928
D. E. Shaw & Co., Inc.Hedge fund	89K	$374,462
Rhumbline AdvisersIndex funds	65K	$272,341
HSBC Holdings PLC	32K	$262,388
Deutsche Bank Ag\	61K	$255,462
Wells Fargo & Company	52K	$219,267
Price T Rowe Associates IncActive manager	51K	$215,000
Citigroup Inc	46K	$195,306

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Multicoin Capital Management, LLC	1.8M	$7.9M
Marshall Wace, LLPHedge fund	1.2M	$5.1M
Jane Street Group, LLC	965K	$4.3M
Qube Research & Technologies LtdHedge fund	393K	$1.7M
Squarepoint Ops LLCHedge fund	129K	$572,799
Brevan Howard Capital Management LPHedge fund	112K	$496,005
Schonfeld Strategic Advisors LLCHedge fund	60K	$266,636
Hudson Bay Capital Management LPHedge fund	48K	$210,806
Quadrature Capital LtdHedge fund	39K	$173,971
Omers Administration Corp	39K	$172,327

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 87
Ten largest holders: 80.5%
Index fund managers: 35.6%
Active managers and hedge funds: 19.9%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	9	12	6	7	−2.4M	−28.3%
Index fund managers	9	0	2	0	+7.9M	+275.6%
Other institutions	42	21	31	13	−2.1M	−14.1%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Forward Industries.

Only managers that filed a holdings report for both quarters are compared (105 here). 3 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

← Back to Forward Industries, Inc. · Insiders · Politicians