Vault-13

FORWARD INDS INC N Y

COM NEW · Common Stock · CUSIP 349862409

3 institutional holders +0 vs Q1 2026
7,947,9447.9m shares reported held*
$33.5mreported value*
0 new 0 added 0 reduced 0 sold out net bought ≈ $0

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $4.22.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q2 24: 9Q3 24: 8Q4 24: 13Q1 25: 12Q2 25: 12Q3 25: 40Q4 25: 70Q1 26: 3Q2 26: 33Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q2 20249
Q3 20248
Q4 202413
Q1 202512
Q2 202512
Q3 202540
Q4 202570
Q1 20263
Q2 20263

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 3 bought or addedQ3 24: 3 cut or sold outQ4 24: 7 bought or addedQ4 24: 2 cut or sold outQ4 24Q1 25: 4 bought or addedQ1 25: 6 cut or sold outQ2 25: 6 bought or addedQ2 25: 4 cut or sold outQ2 25Q3 25: 33 bought or addedQ3 25: 3 cut or sold outQ4 25: 52 bought or addedQ4 25: 19 cut or sold outQ4 25Q1 26: 0 bought or addedQ1 26: 64 cut or sold outQ2 26: 0 bought or addedQ2 26: 0 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202433
Q4 202472
Q1 202546
Q2 202564
Q3 2025333
Q4 20255219
Q1 2026064
Q2 202600

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ3 25 calls: $918.0kQ3 25 puts: $3.8mQ3 25P/C 4.12Q4 25 calls: $2.1mQ4 25 puts: $1.7mQ4 25P/C 0.80Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$918.0k$3.8m4.12
Q4 2025$2.1m$1.7m0.80
Q1 2026$0$0—
Q2 2026$0$0—

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Galaxy Digital, LP 13D · may seek influence new · filed 2025-09-18
Stated purposeThe information set forth in Items 3 and 6 of this Schedule 13D is incorporated by reference into this Item 4. The Reporting Persons acquired the securities described in this Schedule 13D for investment purposes and intend to review their investments in the Issuer on a continuing basis. Any actions the Reporting Persons might undertake may be made at any time and from time to time without prior notice and will be dependent upon the Reporting Persons' review of numerous factors, including, but not limited to: an ongoing evaluation of the Issuer's business, financial condition, operations and prospects; price levels of the Issuer's securities; general market, industry and economic conditions; the relative attractiveness of alternative business and investment opportunities; and other future … Full filing
 10.0% new 8.7m 2025-09-18
J Digital 6 Cayman Ltd. 13D · may seek influence +0.3 pts · filed 2026-03-06 9.6% +0.3 pts 7.9m 2026-03-06

Fell to 5% or below in the last year: Multicoin Capital Management, LLC (0.0%, 2026-05-08)

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 J Digital 6 LLC 19.84% of their portfolio CHICAGO, IL 7,947,8437.9m $33.5m $33.5m 19.84% Unchanged
2 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 100100 $422 $422 0.00% Unchanged
3 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $5 $5 0.00% Unchanged