Bowhead Specialty Holdings

BOW • NYSE

Bowhead Specialty Holdings is a insurance - property & casualty company in the financial services sector on NYSE, led by H. Matthew Crusey, with a market cap of $851.7M. As of Q3 2025, 85% of shares are held by 154 institutional investors, with Gallatin Point Capital LLC as the largest holder at 25.79%.

Chief Executive OfficerH. Matthew Crusey

Market Cap$851.7M

Insurance - Property & Casualty

Financial Services

Websitebowheadspecialty.com

Overview

Overview of institutional ownership in BOW as of Q3 2025 with a market cap of $940.5M

All Institutions

Institutions: 154
Value Held: $800.0M
Shares Held: 29.6M
Avg Position: $5.2M
Median Position: $572.9K

Hedge Funds

Hedge Funds: 33
Value Held: $89.4M
Shares Held: 3.3M
Avg Position: $2.7M
Median Position: $1.0M

Ownership Breakdown

Institutional (non-HF)

75.56%

$710.6M

Hedge Funds

9.5%

$89.4M

Retail & Other

14.94%

$140.5M

Based on market cap of $940.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BOW as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Gallatin Point Capital LLC Private Equity	Lewis Andrew Sachs Managing Partner	$242.5M 88.18% of portfolio	25.79% 9.0M shares	Q4 2024 Held for 11 months	$275.0M
A American Family Investments, Inc. Institution	-	$127.1M 6.66% of portfolio	13.52% 4.7M shares	Q3 2024 Held for 1y 2m	$1.9B
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$41.2M 0.02% of portfolio	4.39% 1.5M shares	Q2 2024 Held for 1y 5m	$169.09B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$40.7M 0.00% of portfolio	4.33% 1.5M shares	Q2 2024 Held for 1y 5m	$6.69T
A AMERICAN CENTURY COMPANIES INC Institution	-	$38.2M 0.02% of portfolio	4.06% 1.4M shares	Q2 2024 Held for 1y 5m	$195.93B
B BlackRock, Inc. Institution	-	$32.0M 0.00% of portfolio	3.41% 1.2M shares	Q3 2024 Held for 1y 2m	$5.67T
Polar Capital Holdings Plc Long Only Manager	Gavin Mark Rochussen CEO	$18.7M 0.09% of portfolio	1.98% 689.9K shares	Q2 2024 Held for 1y 5m	$20.8B
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$16.4M 0.09% of portfolio	1.75% 608.0K shares	Q2 2024 Held for 1y 5m	$18.6B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$15.3M 0.00% of portfolio	1.62% 564.0K shares	Q2 2024 Held for 1y 5m	$1.65T
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	Jordan Neil Hymowitz Managing Partner	$14.1M 2.79% of portfolio	1.49% 519.8K shares	Q2 2025 Held for 5 months	$503.5M

Net Capital Flow

Institutional buying and selling activity for BOW in Q3 2025

Net Flow: −$29.0M
Buyers: 64
Sellers: 65
Total Bought: +$116.1M
Total Sold: −$145.1M
Avg Position: $5.3M

Biggest Buyers

Institution	Net Bought	Current Position
A AMERICAN CENTURY COMPANIES INC Institution	+$16.1M +597.2K shares	$38.2M 1.4M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$14.5M +536.8K shares	$41.2M 1.5M shares
VANGUARD GROUP INC Institution	+$10.9M +404.2K shares	$40.7M 1.5M shares
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	+$9.7M +357.6K shares	$14.1M 519.8K shares
Q Qube Research & Technologies Ltd Institution	+$6.5M +241.8K shares	$8.8M 326.2K shares
B BlackRock, Inc. Institution	+$5.5M +204.3K shares	$32.0M 1.2M shares
DAVENPORT & Co LLC RIA/Wealth	+$4.9M +181.5K shares	$7.3M 269.8K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$4.4M +162.4K shares	$8.7M 320.7K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$4.3M +158.8K shares	$11.8M 437.2K shares
C Cubist Systematic Strategies, LLC Institution	+$3.7M +136.4K shares	$5.5M 201.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
Gallatin Point Capital LLC Private Equity	−$54.1M −2.0M shares	$242.5M 9.0M shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	−$14.4M −382.5K shares	Sold Off 0 shares
B BESSEMER GROUP INC Institution	−$12.1M −322.5K shares	Sold Off 0 shares
P PEREGRINE CAPITAL MANAGEMENT LLC Long Only Manager	−$10.5M −279.7K shares	Sold Off 0 shares
A American Family Investments, Inc. Institution	−$8.7M −323.0K shares	$127.1M 4.7M shares
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	−$5.8M −153.4K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$4.6M −170.9K shares	$728.6K 26.9K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$4.0M −107.4K shares	Sold Off 0 shares
T Triasima Portfolio Management inc. Long Only Manager	−$3.1M −81.7K shares	Sold Off 0 shares
GANNETT WELSH & KOTLER Long Only Manager	−$2.4M −87.3K shares	$4.3M 158.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BOW in Q3 2025

New Positions: 26
New Value: $8.5M
Exited Positions: 23
Exited Value: $55.4M

New Positions

Institution	Position Value
DIMENSIONAL FUND ADVISORS LP Long Only Manager	$2.0M 75.3K shares
PRINCIPAL FINANCIAL GROUP INC Institution	$883.3K 32.7K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$874.5K 32.3K shares
D Dynamic Technology Lab Private Ltd Institution	$826.0K 30.5K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$728.7K 26.9K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$607.9K 22.5K shares
N New England Capital Financial Advisors LLC Institution	$537.4K 19.9K shares
D DRW Securities, LLC Institution	$472.0K 17.5K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$277.9K 10.3K shares
B Brevan Howard Capital Management LP Institution	$267.7K 9.9K shares

Exited Positions

Institution	Previous Position
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$14.4M 382.5K shares
B BESSEMER GROUP INC Institution	$12.1M 322.5K shares
P PEREGRINE CAPITAL MANAGEMENT LLC Long Only Manager	$10.5M 279.7K shares
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	$5.8M 153.4K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	$4.0M 107.4K shares
T Triasima Portfolio Management inc. Long Only Manager	$3.1M 81.7K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$1.6M 43.4K shares
AMERIPRISE FINANCIAL INC Institution	$952.4K 25.4K shares
W Winton Capital Group Ltd Institution	$913.7K 24.3K shares
P Petrus Trust Company, LTA Institution	$439.9K 11.7K shares

Options Activity

Institutions with the largest Call and Put options positions in BOW as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BOW as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Gallatin Point Capital LLC Private Equity	Lewis Andrew Sachs Managing Partner	88.18% $242.5M	25.79% 9.0M shares	Q4 2024 Held for 11 months	$275.0M
A American Family Investments, Inc. Institution	-	6.66% $127.1M	13.52% 4.7M shares	Q3 2024 Held for 1y 2m	$1.9B
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	Jordan Neil Hymowitz Managing Partner	2.79% $14.1M	1.49% 519.8K shares	Q2 2025 Held for 5 months	$503.5M
Riverwater Partners LLC RIA/Wealth	Adam Jonathan Peck CIO	0.41% $986.9K	0.10% 36.5K shares	Q1 2025 Held for 8 months	$240.9M
P PharVision Advisers, LLC Hedge Fund•Long/Short	Philip Nikolaev Arnaudov CEO	0.34% $607.9K	0.06% 22.5K shares	Q3 2025 Held for 2 months	$176.9M
N New England Capital Financial Advisors LLC Institution	-	0.23% $537.4K	0.06% 19.9K shares	Q3 2025 Held for 2 months	$233.8M
Lighthouse Investment Partners, LLC Fund of Funds	Sean Gerard Mcgould CEO	0.21% $5.6M	0.60% 208.7K shares	Q2 2024 Held for 1y 5m	$2.7B
EMERALD ADVISERS INC/PA Long Only Manager	Kenneth George Mertz CEO	0.19% $6.0M	0.64% 222.0K shares	Q2 2024 Held for 1y 5m	$3.1B
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	Kenneth George Mertz President	0.17% $3.1M	0.33% 115.8K shares	Q2 2024 Held for 1y 5m	$1.9B
S SEVEN GRAND MANAGERS, LLC Hedge Fund•Multi-Strategy	Chris E Fahy CIO	0.16% $2.0M	0.22% 75.0K shares	Q2 2024 Held for 1y 5m	$1.3B

Hedge Fund Spotlight

Discover hedge funds investing in BOW

Cinctive Capital Management LP

Hedge Fund • Multi-Strategy

Portfolio ManagerRichard Harris Schimel

Portfolio Value: $2.0B
Positions: 376
Last Reported: Q3 2025

Sector Allocation

Position in Bowhead Specialty Holdings

Market Value: $453.1K
Shares Held: 16.8K
Portfolio Weight: 0.02%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Vistra VST	Independent Power Producers Utilities	$38.5M	1.92%
2 CyberArk Software CYBR	Software - Infrastructure Technology	$31.9M	1.59%
3 Ross Stores ROST	Apparel - Retail Consumer Cyclical	$31.5M	1.57%