Bridgewater Bancshares
BWB
94 hedge funds and large institutions have $135M invested in Bridgewater Bancshares in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 25 closing their positions.
0.55% less ownership
Funds ownership: 49.7% → 49.15% (-0.55%)
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
7% less funds holding
Funds holding: 101 → 94 (-7)
10% less capital invested
Capital invested by funds: $150M → $135M (-$14.3M)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.69M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$1.23M |
| 3 |
Millennium Management
New York
|
+$1.22M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.09M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.25M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$1.99M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.85M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$856K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$798K |
BWB Hedge Fund Activity: Q2 2023 in Review
94 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Bridgewater Bancshares (BWB) for Q2 2023, worth a combined $135M — down 9.6% from $150M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BWB and 18 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 31 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $1.69M. The largest seller was Putnam Investments, exiting entirely with an estimated $2.25M sold.
- 94 institutional investors held Bridgewater Bancshares (BWB) as of Q2 2023, down from 101 in Q1 2023.
- Funds reported $135M of Bridgewater Bancshares stock for Q2 2023, down 9.6% quarter-over-quarter.
- 18 funds opened new Bridgewater Bancshares positions in Q2 2023 and 25 closed out, a net change of -7 holders.
- The largest Bridgewater Bancshares buyer in Q2 2023 was Thrivent Financial for Lutherans, an estimated $1.69M added.
- The largest Bridgewater Bancshares seller in Q2 2023 was Putnam Investments, an estimated $2.25M sold.
Based on aggregated 13F filings for Q2 2023.