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Bridgewater Bancshares

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.

New
Increased
Maintained
Reduced
Closed

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: 10194 (-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: 10 (-1)

Holders
94
Holders Change
-7
Holders Change %
-6.93%
% of All Funds
1.48%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
31
Reduced
32
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
1
Thrivent Financial for Lutherans
Minnesota
$25.8M +$1.69M +175,296 +7%
BlackRock
2
BlackRock
New York
$16.1M -$273K -28,349 -2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$13.9M +$335K +34,819 +3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$10.2M -$75.3K -7,830 -0.8%
PAIM
5
Punch & Associates Investment Management
Minnesota
$6M
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$5.49M -$664K -69,026 -11%
State Street
7
State Street
Massachusetts
$4.14M -$180K -18,760 -4%
TWM
8
Tradition Wealth Management
Minnesota
$4.11M +$262K +27,252 +7%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$4.08M +$261K +27,115 +7%
Renaissance Technologies
10
Renaissance Technologies
New York
$3.77M -$115K -11,988 -3%
AllianceBernstein
11
AllianceBernstein
Tennessee
$3.05M +$388K +40,323 +15%
Hotchkis & Wiley Capital Management
12
Hotchkis & Wiley Capital Management
California
$2.61M +$1.09M +113,000 +74%
RHCA
13
Rosenthal Henry Capital Advisors
Indiana
$2.22M -$96.1K -10,000 -4%
American Century Companies
14
American Century Companies
Missouri
$1.96M +$162K +16,809 +9%
GCM
15
Gator Capital Management
Florida
$1.61M
Northern Trust
16
Northern Trust
Illinois
$1.59M -$124K -12,878 -7%
Morgan Stanley
17
Morgan Stanley
New York
$1.57M +$481K +50,084 +46%
Russell Investments Group
18
Russell Investments Group
United Kingdom
$1.49M +$1.02M +105,617 +233%
Acadian Asset Management
19
Acadian Asset Management
Massachusetts
$1.48M -$283K -29,458 -16%
Millennium Management
20
Millennium Management
New York
$1.48M +$1.22M +126,891 +553%
ECM
21
Elgethun Capital Management
South Dakota
$1.31M
Mariner
22
Mariner
Kansas
$1.26M +$1.23M +127,454 New
PRCP
23
Pacific Ridge Capital Partners
Oregon
$1.19M +$486K +50,601 +72%
Ameriprise
24
Ameriprise
Minnesota
$948K +$244K +25,428 +36%
EC
25
EJF Capital
Virginia
$898K -$1.85M -192,427 -68%

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.