Bridge Investment GroupBRDG
Market Cap: $375M
About: Bridge Investment Group Holdings Inc is a vertically integrated investment manager, diversified across specialized asset classes. The company combines its nationwide operating platform with dedicated teams of investment professionals focused on various specialized and synergistic investment platforms, including real estate, credit, renewable energy, and secondaries strategies. Its broad range of products and vertically integrated structure allow it to capture new market opportunities and serve investors with various investment objectives. The company operates Its business in a single segment, alternative investment management, diversified across specialized and synergistic investment platforms.
Employees: 2,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
3% more capital invested
Capital invested by funds: $137M [Q1] → $141M (+$3.89M) [Q2]
3.14% less ownership
Funds ownership: 48.71% [Q1] → 45.57% (-3.14%) [Q2]
9% less funds holding
Funds holding: 75 [Q1] → 68 (-7) [Q2]
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
82% less call options, than puts
Call options by funds: $298K | Put options by funds: $1.66M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo Michael Brown 53% 1-year accuracy 9 / 17 met price target | 22%upside $11 | Overweight Initiated | 12 Sept 2024 |