Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BWB held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.6M | $28.1M | -1.0% | 5.698% | 0.00% |
| 2 | ALLIANCEBERNSTEIN L.P. | 1.3M | $23.0M | -2.1% | 4.723% | 0.01% |
| 3 | DIMENSIONAL FUND ADVISORS LP | 1.1M | $18.7M | +2.5% | 3.804% | 0.00% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 920K | $16.3M | β | 3.305% | 0.00% |
| 5 | AMERICAN CENTURY COMPANIES INC | 618K | $10.9M | +10.0% | 2.221% | 0.01% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 496K | $8.8M | -0.0% | 1.783% | 0.00% |
| 7 | STATE STREET CORP | 454K | $8.0M | -5.0% | 1.633% | 0.00% |
| 8 | PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 435K | $7.7M | -1.0% | 1.562% | 0.44% |
| 9 | rhino investment partners, Inc | 430K | $7.6M | +5.5% | 1.547% | 2.12% |
| 10 | Tradition Wealth Management, LLC | 352K | $6.2M | +0.4% | 1.265% | 0.44% |
| 11 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 348K | $6.2M | +11.0% | 1.251% | 0.00% |
| 12 | NEXT CENTURY GROWTH INVESTORS LLC | 334K | $5.9M | -1.6% | 1.199% | 0.43% |
| 13 | RENAISSANCE TECHNOLOGIES LLC | 314K | $5.6M | -3.7% | 1.130% | 0.01% |
| 14 | KENNEDY CAPITAL MANAGEMENT, INC. | 287K | $5.1M | +1.8% | 1.031% | 0.11% |
| 15 | Ancora Advisors, LLC | 236K | $4.2M | +0.2% | 0.849% | 0.09% |
| 16 | Hodges Capital Management Inc. | 234K | $4.1M | +6.2% | 0.841% | 0.34% |
| 17 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 229K | $4.0M | -1.0% | 0.822% | 0.01% |
| 18 | Hillsdale Investment Management Inc. | 212K | $3.8M | -0.4% | 0.762% | 0.10% |
| 19 | Russell Investments Group, Ltd. | 206K | $3.6M | -0.3% | 0.741% | 0.00% |
| 20 | MORGAN STANLEY | 198K | $3.5M | +17.3% | 0.713% | 0.00% |
| 21 | EJF Capital LLC | 182K | $3.2M | -12.3% | 0.653% | 2.27% |
| 22 | TWO SIGMA INVESTMENTS, LP | 174K | $3.1M | +33.8% | 0.624% | 0.00% |
| 23 | NORTHERN TRUST CORP | 171K | $3.0M | +3.6% | 0.613% | 0.00% |
| 24 | MALTESE CAPITAL MANAGEMENT LLC | 167K | $3.0M | -5.1% | 0.600% | 0.58% |
| 25 | VANGUARD PORTFOLIO MANAGEMENT LLC | 156K | $2.8M | β | 0.561% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in BWB β a direct measure of their conviction.
Filings activity in BWB during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new BWB position in Q1 2026
Institutions that fully closed their BWB position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 137 | 0.7% | 45.72% | +0.44 pp | $254M | +1.0% |
| Q4 2025 | 138 | +11% | 45.28% | +2.81 pp | $252M | +6.6% |
| Q3 2025 | 124 | +1.6% | 42.47% | +8.98 pp | $236M | +27% |
| Q2 2025 | 122 | +8.0% | 33.49% | +5.14 pp | $186M | +18% |
| Q1 2025 | 113 | +0.9% | 28.35% | 0.04 pp | $158M | 0.1% |
| Q4 2024 | 112 | +5.7% | 28.39% | +1.92 pp | $158M | +7.2% |
| Q3 2024 | 106 | +20% | 26.47% | +6.17 pp | $147M | +30% |
| Q2 2024 | 88 | β | 20.30% | β | $113M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BWB stock.
Based on Q1 2026 13F filings, institutional ownership of Bridgewater Bancshares, Inc. stands at 45.7%, held across 137 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of BWB, with approximately 1,585,396 shares worth $0.03B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of BWB, including RENAISSANCE TECHNOLOGIES LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for BWB is 57 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
15 institutions opened new positions in BWB during Q1 2026, while 16 fully exited. 80 added to existing positions and 39 trimmed.
BWB institutional ownership rose by 0.44 percentage points quarter-over-quarter, with a net change of -1 holders.
The top 10 institutions account for 53.2% of all reported 13F value in BWB, and the top 25 account for 77.2%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Bridgewater Bancshares, Inc. (BWB) Institutional Ownership