Bankwell Financial Group
BWFG
66 hedge funds and large institutions have $63.3M invested in Bankwell Financial Group in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 11 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
1.73% less ownership
Funds ownership: 34.06% → 32.33% (-1.7%)
10% less capital invested
Capital invested by funds: $70.1M → $63.3M (-$6.78M)
11% less funds holding
Funds holding: 74 → 66 (-8)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$1.04M |
| 2 |
Morgan Stanley
New York
|
+$995K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$739K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$262K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$933K |
| 2 |
Millennium Management
New York
|
-$709K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$611K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$597K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$556K |
BWFG Hedge Fund Activity: Q1 2023 in Review
66 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bankwell Financial Group (BWFG) for Q1 2023, worth a combined $63.3M — down 9.7% from $70.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BWFG and 3 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 26 added.
The largest buyer was LSV Asset Management, adding an estimated $1.04M. The largest seller was Renaissance Technologies, cutting an estimated $933K.
- 66 institutional investors held Bankwell Financial Group (BWFG) as of Q1 2023, down from 74 in Q4 2022.
- Funds reported $63.3M of Bankwell Financial Group stock for Q1 2023, down 9.7% quarter-over-quarter.
- 3 funds opened new Bankwell Financial Group positions in Q1 2023 and 11 closed out, a net change of -8 holders.
- The largest Bankwell Financial Group buyer in Q1 2023 was LSV Asset Management, an estimated $1.04M added.
- The largest Bankwell Financial Group seller in Q1 2023 was Renaissance Technologies, an estimated $933K sold.
Based on aggregated 13F filings for Q1 2023.