Security Snapshot

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

CUSIP: 349862409

13F Institutional Holders and Ownership History from Q2 2024 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

69

Shares (Excl. Options)

42,725,500

Price

$6.61

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Type / Class
Equity / Common Stock, par value $0.01 per share
Symbol
FWDI on Nasdaq
Shares outstanding
89,175,929
Price per share
$5.09
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
42,725,500
Total reported value
$282,404,671
% of total 13F portfolios
0%
Share change
+2,895,940
Value change
-$9,367,111
Number of holders
69
Price from insider filings
$5.09
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

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Quick Takeaways

  • FWDI - Forward Industries, Inc. - Common Stock, par value $0.01 per share is tracked under CUSIP 349862409.
  • 69 institutions reported positions in Q4 2025.
  • 5 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 69 to 0 between Q4 2025 and Q1 2026.
  • Reported value moved from $282,404,671 to $0.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 69 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 349862409?
CUSIP 349862409 identifies FWDI - Forward Industries, Inc. - Common Stock, par value $0.01 per share in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

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
Galaxy Digital, LP 10% $121,556,812 8,676,432 Galaxy Digital LP 11 Sep 2025
J Digital 6 Cayman Ltd. 9.6% +3.3% $38,547,524 7,947,943 0% William DiSomma 03 Mar 2026
Multicoin Capital Management, LLC 7% -54% $31,773,383 -$38,254,791 6,242,315 -55% Multicoin Capital Management, LLC 18 Mar 2026
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, 69 institutional investors reported holding 42,725,500 shares of Forward Industries, Inc. - Common Stock, par value $0.01 per share (FWDI). This represents 48% of the company’s total 89,175,929 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 46% 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
Galaxy Group Investments LLC 9.1% 8,108,108 0% 7.4% $53,594,594
J Digital 6 LLC 8.9% 7,947,843 0% 28% $52,535,242
Multicoin Capital Management, LLC 8.9% 7,947,843 0% 46% $52,535,242
JANE STREET GROUP, LLC 3.7% 3,261,596 -20% 0.03% $21,559,150
Alyeska Investment Group, L.P. 3.6% 3,250,161 -7.5% 0.06% $21,483,564
Ghisallo Capital Management LLC 1.5% 1,351,352 0% 0.4% $8,932,437
Polar Asset Management Partners Inc. 1.5% 1,351,352 0% 0.18% $8,918,923
MARSHALL WACE, LLP 1.5% 1,346,595 0.01% $8,900,994
VANGUARD GROUP INC 1.3% 1,135,272 +9679% 0% $7,504,148
Weiss Asset Management LP 1.2% 1,081,082 0% 0.11% $7,145,952
GEODE CAPITAL MANAGEMENT, LLC 0.91% 809,005 +9884% 0% $5,350,164
STEADFAST CAPITAL MANAGEMENT LP 0.84% 745,951 0.09% $4,930,736
SkyBridge Capital II, LLC 0.61% 540,541 0% 21% $3,572,976
Qube Research & Technologies Ltd 0.53% 475,439 +3081% 0% $3,142,652
CITADEL ADVISORS LLC 0.46% 410,784 -62% 0% $2,715,282
Brevan Howard Capital Management LP 0.4% 353,459 0.04% $2,336,364
STATE STREET CORP 0.24% 210,491 0% $1,391,346
Pantera Capital Partners LP 0.23% 204,093 -42% 0.82% $1,349,055
MOORE CAPITAL MANAGEMENT, LP 0.22% 200,000 -26% 0.03% $1,322,000
NORTHERN TRUST CORP 0.17% 154,269 0% $1,019,718
WOLVERINE ASSET MANAGEMENT LLC 0.15% 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
MILLENNIUM MANAGEMENT LLC 0.11% 100,012 -16% 0% $661,079
TWO SIGMA INVESTMENTS, LP 0.11% 96,540 0% $638,129

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
2026 Q1 0 $0 -$434,264 $5.09 0
2025 Q4 42,725,500 $282,404,671 -$9,367,111 $6.61 69
2025 Q3 39,801,321 $906,809,206 +$700,831,689 $25.57 40
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

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