50% buyers of institutions opening or closing positions this quarter
new buyers and exits are balanced, ownership fell 1.07 percentage points vs the prior quarter, and 2 well-known fund managers in the top 25.
50% buyers of institutions opening or closing positions this quarter
27.4% institutional ownership
Ategra Capital Management, portfolio allocation
Institutional ownership vs Banks - Regional peers
No Form 4 insider transactions on file
Latest positioning in HWBK across 13F flow, ownership shift, marquee holders, and holder-count growth.
Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in HWBK held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Ategra Capital Management, LLC | 342K | $11.5M | 0.0% | 4.970% | 5.73% |
| 2 | BlackRock, Inc. | 311K | $10.5M | +3.3% | 4.509% | 0.00% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 246K | $8.3M | — | 3.573% | 0.00% |
| 4 | FJ Capital Management LLC | 191K | $6.4M | 0.0% | 2.768% | 0.72% |
| 5 | DIMENSIONAL FUND ADVISORS LP | 158K | $5.3M | +1.6% | 2.298% | 0.00% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 137K | $4.6M | -2.0% | 1.986% | 0.00% |
| 7 | STATE STREET CORP | 83K | $2.8M | +5.5% | 1.205% | 0.00% |
| 8 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 65K | $2.2M | -13.9% | 0.946% | 0.04% |
| 9 | MONETA GROUP INVESTMENT ADVISORS LLC | 49K | $1.6M | +0.4% | 0.707% | 0.01% |
| 10 | Pinnacle Holdings, LLC | 46K | $1.6M | -3.4% | 0.670% | 0.50% |
| 11 | NORTHERN TRUST CORP | 44K | $1.5M | +9.1% | 0.636% | 0.00% |
| 12 | RBF Capital, LLC | 39K | $1.3M | 0.0% | 0.569% | 0.07% |
| 13 | VANGUARD FIDUCIARY TRUST CO | 36K | $1.2M | — | 0.524% | 0.00% |
| 14 | RENAISSANCE TECHNOLOGIES LLC | 35K | $1.2M | -6.3% | 0.506% | 0.00% |
| 15 | VANGUARD PORTFOLIO MANAGEMENT LLC | 33K | $1.1M | — | 0.483% | 0.00% |
| 16 | Empowered Funds, LLC | 33K | $1.1M | 0.0% | 0.480% | 0.01% |
| 17 | MERCER GLOBAL ADVISORS INC /ADV | 32K | $1.1M | +0.1% | 0.471% | 0.00% |
| 18 | GOLDMAN SACHS GROUP INC | 25K | $856K | -17.4% | 0.369% | 0.00% |
| 19 | AMERICAN CENTURY COMPANIES INC | 21K | $694K | 0.0% | 0.299% | 0.00% |
| 20 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 16K | $526K | 0.0% | 0.227% | 0.00% |
| 21 | ALEXANDER LABRUNERIE & CO., INC. | 15K | $521K | — | 0.225% | 0.19% |
| 22 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 15K | $491K | -11.1% | 0.211% | 0.00% |
| 23 | Eagle Bluffs Wealth Management LLC | 14K | $466K | 0.0% | 0.199% | 0.18% |
| 24 | ALLIANCEBERNSTEIN L.P. | 13K | $459K | -16.1% | 0.191% | 0.00% |
| 25 | CITADEL ADVISORS LLC | 13K | $454K | +16.6% | 0.196% | 0.00% |
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 HWBK — a direct measure of their conviction.
Filings activity in HWBK 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 | 63 | +0.0% | 27.37% | 1.07 pp | $71M | 3.8% |
| Q4 2025 | 63 | +11% | 28.44% | +3.64 pp | $74M | +15% |
| Q3 2025 | 57 | +7.5% | 24.80% | +1.58 pp | $64M | +6.8% |
| Q2 2025 | 53 | +23% | 23.22% | +2.95 pp | $60M | +15% |
| Q1 2025 | 43 | +10% | 20.27% | 0.24 pp | $53M | 1.2% |
| Q4 2024 | 39 | +8.3% | 20.51% | +2.21 pp | $53M | +12% |
| Q3 2024 | 36 | +13% | 18.30% | +6.92 pp | $48M | +61% |
| Q2 2024 | 32 | — | 11.38% | — | $30M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
No recent Form 4 insider transactions on file for HWBK.
Quick answers to the most common questions about buying HWBK stock.
Based on Q1 2026 13F filings, institutional ownership of Hawthorn Bancshares, Inc. stands at 27.4%, held across 63 reporting institutions.
Ategra Capital Management, LLC is the largest reported institutional holder of HWBK, with approximately 342,390 shares worth $0.01B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of HWBK, including RENAISSANCE TECHNOLOGIES LLC, CITADEL ADVISORS LLC.
Our composite Smart Money Score for HWBK is 45 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
8 institutions opened new positions in HWBK during Q1 2026, while 8 fully exited. 11 added to existing positions and 43 trimmed.
HWBK institutional ownership fell by 1.07 percentage points quarter-over-quarter, with a net change of +0 holders.
The top 10 institutions account for 77.2% of all reported 13F value in HWBK, and the top 25 account for 95.4%.
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.