Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BWIN held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | FMR LLC | 14.0M | $306.2M | +29.3% | 18.638% | 0.02% |
| 2 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 6.8M | $149.1M | -9.9% | 9.075% | 0.49% |
| 3 | BlackRock, Inc. | 6.7M | $145.9M | +25.0% | 8.884% | 0.00% |
| 4 | Bank of New York Mellon Corp | 3.9M | $86.0M | +36.3% | 5.233% | 0.02% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.5M | $76.2M | — | 4.641% | 0.00% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 3.5M | $76.0M | — | 4.628% | 0.00% |
| 7 | BAMCO INC /NY/ | 2.7M | $59.5M | -10.0% | 3.620% | 0.18% |
| 8 | WESTWOOD HOLDINGS GROUP INC | 2.6M | $56.5M | -9.6% | 3.442% | 0.41% |
| 9 | STATE STREET CORP | 2.5M | $54.3M | +16.0% | 3.303% | 0.00% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.2M | $47.2M | +23.8% | 2.873% | 0.00% |
| 11 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 2.0M | $43.4M | +6.3% | 2.644% | 0.07% |
| 12 | MORGAN STANLEY | 1.8M | $39.6M | +244.8% | 2.408% | 0.00% |
| 13 | Annis Gardner Whiting Capital Advisors, LLC | 1.7M | $37.7M | +11089.9% | 2.294% | 6.03% |
| 14 | Capital International Investors | 1.6M | $36.1M | -54.6% | 2.195% | 0.01% |
| 15 | NOMURA HOLDINGS INC | 1.5M | $33.9M | — | 2.061% | 0.11% |
| 16 | Capital Research Global Investors | 1.5M | $33.9M | -48.9% | 2.061% | 0.01% |
| 17 | DIMENSIONAL FUND ADVISORS LP | 1.3M | $29.3M | +16.8% | 1.782% | 0.01% |
| 18 | UBS Group AG | 1.3M | $27.8M | +84.6% | 1.692% | 0.00% |
| 19 | Artisan Partners Limited Partnership | 1.2M | $26.7M | — | 1.627% | 0.04% |
| 20 | FRONTIER CAPITAL MANAGEMENT CO LLC | 1.1M | $24.2M | +329.1% | 1.472% | 0.25% |
| 21 | Fiera Capital Corp | 1.0M | $22.9M | +5.3% | 1.394% | 0.08% |
| 22 | Champlain Investment Partners, LLC | 1.0M | $22.7M | -71.7% | 1.381% | 0.29% |
| 23 | AMERICAN CENTURY COMPANIES INC | 1.0M | $22.6M | +3.6% | 1.374% | 0.01% |
| 24 | MetLife Investment Management, LLC | 938K | $20.6M | +51.4% | 1.252% | 0.10% |
| 25 | JANUS HENDERSON GROUP PLC | 882K | $19.3M | +12.6% | 1.178% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in BWIN — a direct measure of their conviction.
Filings activity in BWIN during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 213 | +4.9% | 141.19% | +2.17 pp | $1.92B | +1.6% |
| Q4 2025 | 203 | 1.0% | 139.02% | 18.07 pp | $1.89B | 12% |
| Q3 2025 | 205 | 8.1% | 157.09% | 42.90 pp | $2.13B | 30% |
| Q2 2025 | 223 | +3.2% | 199.99% | +0.00 pp | $3.06B | +2.9% |
| Q1 2025 | 216 | +4.9% | 199.99% | +19.42 pp | $2.98B | +21% |
| Q4 2024 | 206 | 4.6% | 180.57% | 19.42 pp | $2.45B | 19% |
| Q3 2024 | 216 | +21% | 199.99% | +42.97 pp | $3.02B | +42% |
| Q2 2024 | 179 | — | 157.02% | — | $2.13B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BWIN stock.
Based on Q1 2026 13F filings, institutional ownership of The Baldwin Insurance Group, Inc. stands at 141.2%, held across 213 reporting institutions.
FMR LLC is the largest reported institutional holder of BWIN, with approximately 13,954,062 shares worth $0.31B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of BWIN.
Our composite Smart Money Score for BWIN is 49 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
46 institutions opened new positions in BWIN during Q1 2026, while 36 fully exited. 79 added to existing positions and 87 trimmed.
BWIN institutional ownership rose by 2.17 percentage points quarter-over-quarter, with a net change of +10 holders.
The top 10 institutions account for 55.1% of all reported 13F value in BWIN, and the top 25 account for 78.1%.
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.
The Baldwin Insurance Group, Inc. (BWIN) Institutional Ownership