Bridgewater Bancshares, Inc.
BWB • NASDAQ
Bridgewater Bancshares, Inc. is a banks - regional company in the financial services sector on NASDAQ, led by Jerry Baack, with a market cap of $517.5M. As of Q3 2025, 59% of shares are held by 126 institutional investors, with THRIVENT FINANCIAL FOR LUTHERANS as the largest holder at 8.45%.
Chairman and Chief Executive OfficerJerry Baack
Market Cap$517.5M
Banks - Regional
Financial Services
Employees255.0
Websitebridgewaterbankmn.com
Country
United States of America
Overview
Overview of institutional ownership in BWB as of Q3 2025 with a market cap of $483.7M
All Institutions
- Institutions
- 126
- Value Held
- $287.0M
- Shares Held
- 16.3M
- Avg Position
- $2.3M
- Median Position
- $435.6K
Hedge Funds
- Hedge Funds
- 17
- Value Held
- $38.1M
- Shares Held
- 2.2M
- Avg Position
- $2.2M
- Median Position
- $1.6M
Ownership Breakdown
Based on market cap of $483.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in BWB as of Q3 2025
| Institution | Position Value |
|---|---|
 THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager | $40.9M 0.09% of portfolio |
B BlackRock, Inc. Institution | $27.8M 0.00% of portfolio |
 ALLIANCEBERNSTEIN L.P. Long Only Manager | $22.6M 0.01% of portfolio |
 VANGUARD GROUP INC Institution | $20.3M 0.00% of portfolio |
 DIMENSIONAL FUND ADVISORS LP Long Only Manager | $17.5M 0.00% of portfolio |
A AMERICAN CENTURY COMPANIES INC Institution | $9.1M 0.00% of portfolio |
 STATE STREET CORP Institution | $8.5M 0.00% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $8.5M 0.00% of portfolio |
 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager | $7.6M 0.45% of portfolio |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | $6.8M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for BWB in Q3 2025
- Traded
- +$25.2M
- Buyers
- 67
- Sellers
- 38
- Total Bought
- +$35.8M
- Total Sold
- −$10.5M
- Avg Position
- $2.1M
Biggest Buyers
| Institution | Net Bought |
|---|---|
ALLIANCEBERNSTEIN L.P. Long Only Manager | +$14.6M +827.1K shares |
 Ancora Advisors, LLC RIA/Wealth | +$3.4M +194.6K shares |
 Hillsdale Investment Management Inc. Long Only Manager | +$2.7M +152.9K shares |
 KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager | +$2.0M +111.6K shares |
A AMERICAN CENTURY COMPANIES INC Institution | +$1.3M +75.6K shares |
R Russell Investments Group, Ltd. RIA/Wealth | +$1.2M +68.7K shares |
 JPMORGAN CHASE & CO Institution | +$1.2M +67.7K shares |
 FIRST TRUST ADVISORS LP ETF Provider | +$1.1M +64.6K shares |
 NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager | +$943.5K +53.6K shares |
 Villanova Investment Management Co LLC Hedge Fund•Value | +$597.4K +33.9K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | −$1.4M −78.8K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$1.4M −76.9K shares |
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager | −$1.1M −61.0K shares |
 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager | −$799.7K −45.4K shares |
 LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager | −$602.2K −34.2K shares |
 Trexquant Investment LP Hedge Fund•Quant | −$524.1K −29.8K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$453.0K −28.5K shares |
C Cubist Systematic Strategies, LLC Institution | −$360.7K −22.7K shares |
 Fourthstone LLC Hedge Fund•Long/Short | −$335.4K −21.1K shares |
J Jump Financial, LLC Institution | −$308.2K −19.4K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited BWB in Q3 2025
- New Positions
- 12
- New Value
- $7.6M
- Exited Positions
- 10
- Exited Value
- $2.2M
New Positions
| Institution | Position Value |
|---|---|
Ancora Advisors, LLC RIA/Wealth | $3.4M 194.6K shares |
Hillsdale Investment Management Inc. Long Only Manager | $2.7M 152.9K shares |
 CWM Advisors, LLC ETF Provider | $461.2K 26.2K shares |
B Brevan Howard Capital Management LP Institution | $232.3K 13.2K shares |
 IEQ CAPITAL, LLC RIA/Wealth | $217.1K 12.3K shares |
C Corton Capital Inc. Institution | $201.5K 11.4K shares |
L LPL Financial LLC Institution | $192.1K 10.9K shares |
 KEN ROBERTS INVESTMENT MANAGEMENT INC RIA/Wealth | $112.7K 6.4K shares |
 SRS Capital Advisors, Inc. RIA/Wealth | $69.5K 4.0K shares |
S State of Alaska, Department of Revenue Institution | $19.2K 1.1K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $453.0K 28.5K shares |
C Cubist Systematic Strategies, LLC Institution | $360.7K 22.7K shares |
Fourthstone LLC Hedge Fund•Long/Short | $335.4K 21.1K shares |
J Jump Financial, LLC Institution | $308.2K 19.4K shares |
J JANE STREET GROUP, LLC Institution | $300.4K 18.9K shares |
 MARTINGALE ASSET MANAGEMENT L P Long Only Manager | $227.1K 14.3K shares |
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy | $161.2K 10.1K shares |
 Point72 Ltd RIA/Wealth | $11.3K 710.0 shares |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $652.0 41.0 shares |
R Raleigh Capital Management Inc. RIA/Wealth | $636.0 40.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in BWB as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 1
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
 Crawford Fund Management, LLC Hedge Fund•Long/Short | - - contracts |
Most Committed Institutions
Institutions with BWB as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Villanova Investment Management Co LLC Hedge Fund•Value | 2.28% $3.3M |
E EJF Capital LLC Institution | 1.97% $3.4M |
R rhino investment partners, Inc Hedge Fund•Value | 1.91% $5.9M |
 John W. Rosenthal Capital Management, Inc. Hedge Fund•Long/Short | 1.58% $1.6M |
 Sippican Capital Adivsors RIA/Wealth | 1.16% $1.7M |
M MENDON CAPITAL ADVISORS CORP Hedge Fund•Sector | 1.01% $2.2M |
C Corton Capital Inc. Institution | 0.50% $201.5K |
 SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short | 0.48% $3.1M |
 Tradition Wealth Management, LLC RIA/Wealth | 0.46% $6.2M |
 Gator Capital Management, LLC Hedge Fund•Long/Short | 0.46% $1.8M |
Hedge Fund Spotlight
Discover hedge funds investing in BWB
Gator Capital Management, LLC
Hedge Fund • Long/Short
Portfolio ManagerDerek Steven Pilecki
- Portfolio Value
- $390.0M
- Positions
- 74
- Last Reported
- Q3 2025
Sector Allocation
Position in Bridgewater Bancshares, Inc.
- Market Value
- $1.8M
- Shares Held
- 101.0K
- Portfolio Weight
- 0.46%
- Owned Since
- 2021-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $76.6M | 19.65% | |
Real Estate - Services Real Estate | $27.2M | 6.96% | |
Banks - Regional Financial Services | $17.0M | 4.36% |
