Forward Industries, Inc. - Common Stock, par value $0.01 per share (FWDI) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2024 to Q4 2025

Type / Class
Equity / Common Stock, par value $0.01 per share
Symbol
FWDI on Nasdaq
Shares outstanding
86,335,500
Price per share
$8.28
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
19,710,302
Total reported value
$130,287,537
% of total 13F portfolios
0%
Share change
+2,669,499
Value change
+$6,407,057
Number of holders
37
Price from insider filings
$8.28
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Forward Industries, Inc. - Common Stock, par value $0.01 per share (FWDI) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Multicoin Capital Management, LLC 16% $192,749,454 13,757,991 Pyahm Samani 11 Sep 2025
Galaxy Digital, LP 10% $121,556,812 8,676,432 Galaxy Digital LP 11 Sep 2025
J Digital 6 Cayman Ltd. 9.3% $111,350,681 7,947,943 William DiSomma 11 Sep 2025
C/M CAPITAL PARTNERS, LP 1.6% -86% $35,321,580 +$32,381,669 1,381,368 +1101% C/M CAPITAL PARTNERS, LP 30 Sep 2025
RENAISSANCE TECHNOLOGIES LLC 4.7% $322,357 51,993 Renaissance Technologies LLC 30 Sep 2024

As of 31 Dec 2025, 37 institutional investors reported holding 19,710,302 shares of Forward Industries, Inc. - Common Stock, par value $0.01 per share (FWDI). This represents 23% of the company’s total 86,335,500 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Forward Industries, Inc. - Common Stock, par value $0.01 per share (FWDI) together control 23% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Multicoin Capital Management, LLC 9.2% 7,947,843 0% 46% $52,535,242
JANE STREET GROUP, LLC 3.8% 3,261,596 -20% 0.03% $21,559,150
Alyeska Investment Group, L.P. 3.8% 3,250,161 -7.5% 0.06% $21,483,564
MARSHALL WACE, LLP 1.6% 1,346,595 0.01% $8,900,994
VANGUARD GROUP INC 1.3% 1,135,272 +9679% 0% $7,504,148
GEODE CAPITAL MANAGEMENT, LLC 0.94% 809,005 +9884% 0% $5,350,164
SkyBridge Capital II, LLC 0.63% 540,541 0% 21% $3,572,976
STATE STREET CORP 0.24% 210,491 0% $1,391,346
WOLVERINE ASSET MANAGEMENT LLC 0.16% 137,553 0.01% $909,225
IEQ CAPITAL, LLC 0.15% 130,866 +611% 0% $865,024
FIRST TRUST ADVISORS LP 0.13% 112,816 +17% 0% $745,713
Squarepoint Ops LLC 0.1% 87,304 +834% 0% $577,079
MORGAN STANLEY 0.1% 82,930 +5268% 0% $548,169
GOLDMAN SACHS GROUP INC 0.09% 81,710 0% $540,103
UBS Group AG 0.09% 78,286 +1364% 0% $517,470
Secure Asset Management, LLC 0.08% 65,698 0.07% $434,264
GROUP ONE TRADING LLC 0.07% 62,790 0.01% $415,042
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% 39,052 0% $258,134
Summit Financial, LLC 0.04% 33,560 0% $221,832
BlackRock, Inc. 0.04% 32,047 +13% 0% $211,831
Hudson Bay Capital Management LP 0.03% 30,042 0% $198,578
State of Wyoming 0.03% 28,609 0.02% $189,105
BNP PARIBAS FINANCIAL MARKETS 0.03% 28,239 0% 0% $186,660
Aristides Capital LLC 0.03% 27,300 0.06% $180,453
OMERS ADMINISTRATION Corp 0.03% 26,800 0% $177,148

Institutional Holders of Forward Industries, Inc. - Common Stock, par value $0.01 per share (FWDI) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 19,710,302 $130,287,537 +$6,407,057 $6.61 37
2025 Q3 31,693,213 $699,484,884 +$493,507,367 $25.57 39
2025 Q2 108,133 $633,158 +$88,430 $5.84 11
2025 Q1 92,953 $385,452 -$64,384 $4.15 10
2024 Q4 106,423 $526,586 +$61,993 $4.95 11
2024 Q3 93,858 $349,684 -$15,841 $3.73 7
2024 Q2 97,053 $461,973 +$461,973 $4.76 8