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BWIN

Baldwin Insurance Group

213 hedge funds and large institutions have $2.24B invested in Baldwin Insurance Group in 2025 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 75 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,040% more call options, than puts

Call options by funds: $4.5M | Put options by funds: $395K

2.37% more ownership

Funds ownership: 108.74%111.11% (+2.4%)

7% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 75

6% less funds holding

Funds holding: 226213 (-13)

26% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 42

32% less capital invested

Capital invested by funds: $3.29B → $2.24B (-$1.05B)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
213
Holders Change
-13
Holders Change %
-5.75%
% of All Funds
2.8%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
31
Increased
70
Reduced
75
Closed
42
Calls
$4.5M
Puts
$395K
Net Calls
+$4.11M
Net Calls Change
-$513K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$303M +$90.3M +2,601,535 +32%
Vanguard Group
2
Vanguard Group
Pennsylvania
$185M -$2.12M -61,152 -0.9%
BlackRock
3
BlackRock
New York
$146M -$411K -11,829 -0.2%
William Blair Investment Management
4
William Blair Investment Management
Illinois
$144M -$10.3M -298,055 -6%
Capital Research Global Investors
5
Capital Research Global Investors
California
$127M
CIP
6
Champlain Investment Partners
Vermont
$110M +$22.9M +659,433 +20%
Capital International Investors
7
Capital International Investors
California
$88.7M
BAMCO Inc
8
BAMCO Inc
New York
$84.9M +$7.05K +203 +0%
T. Rowe Price Investment Management
9
T. Rowe Price Investment Management
Maryland
$84.7M -$8.17M -235,255 -7%
WHG
10
Westwood Holdings Group
Texas
$70.2M +$19.7M +568,534 +30%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$64.7M +$49.6M +1,427,868 +165%
Macquarie Group
12
Macquarie Group
Australia
$61M -$12.8M -369,930 -15%
State Street
13
State Street
Massachusetts
$59.7M +$1.11M +31,900 +2%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$48.2M +$487K +14,019 +0.8%
JP Morgan Chase
15
JP Morgan Chase
New York
$42.7M +$5.49M +158,199 +12%
Capital World Investors
16
Capital World Investors
California
$35.5M +$8.68M +250,000 +25%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$31M +$74.5K +2,147 +0.2%
Westfield Capital Management
18
Westfield Capital Management
Massachusetts
$30.2M -$5.38M -154,812 -13%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$28M +$25.9K +746 +0.1%
Janus Henderson Group
20
Janus Henderson Group
United Kingdom
$22.7M -$164K -4,729 -0.6%
VM
21
Venator Management
Pennsylvania
$21.8M
Fiera Capital (Canada)
22
Fiera Capital (Canada)
Quebec, Canada
$21.4M -$685K -19,720 -3%
ACB
23
Aristotle Capital Boston
Massachusetts
$18.5M +$7.95M +228,940 +54%
Northern Trust
24
Northern Trust
Illinois
$18.2M -$4.7M -135,480 -17%
KCM
25
Kennedy Capital Management
Missouri
$16.9M +$10.4M +298,685 +100%

BWIN Hedge Fund Activity: Q3 2025 in Review

213 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Baldwin Insurance Group (BWIN) for Q3 2025, worth a combined $2.24B — down 32% from $3.29B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of BWIN and 31 opened new positions — a net loss of 11 holders — while 75 trimmed existing stakes and 70 added.

The largest buyer was Fidelity Investments, adding an estimated $90.3M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $46.7M sold.

  • 213 institutional investors held Baldwin Insurance Group (BWIN) as of Q3 2025, down from 226 in Q2 2025.
  • Funds reported $2.24B of Baldwin Insurance Group stock for Q3 2025, down 32% quarter-over-quarter.
  • 31 funds opened new Baldwin Insurance Group positions in Q3 2025 and 42 closed out, a net change of -11 holders.
  • The largest Baldwin Insurance Group buyer in Q3 2025 was Fidelity Investments, an estimated $90.3M added.
  • The largest Baldwin Insurance Group seller in Q3 2025 was Loomis, Sayles & Company, an estimated $46.7M sold.

Based on aggregated 13F filings for Q3 2025.