Bankwell Financial Group

BWFG • NASDAQ

Bankwell Financial Group is a banks - regional company in the financial services sector on NASDAQ, led by Christopher Gruseke, with a market cap of $384.9M. As of Q3 2025, 44% of shares are held by 97 institutional investors, with BlackRock, Inc. as the largest holder at 5.9%.

CEOChristopher Gruseke

Market Cap$384.9M

Banks - Regional

Financial Services

Employees126.0

Websitemybankwell.com

Country

United States of America

Overview

Overview of institutional ownership in BWFG as of Q3 2025 with a market cap of $348.6M

All Institutions

Institutions: 97
Value Held: $152.8M
Shares Held: 3.5M
Avg Position: $1.6M
Median Position: $359.4K

Hedge Funds

Hedge Funds: 11
Value Held: $23.4M
Shares Held: 529.4K
Avg Position: $2.1M
Median Position: $801.4K

Ownership Breakdown

Institutional (non-HF)

37.11%

$129.4M

Hedge Funds

6.72%

$23.4M

Retail & Other

56.17%

$195.8M

Based on market cap of $348.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BWFG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$20.6M 0.00% of portfolio	5.90% 464.8K shares	Q2 2016 Held for 9y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$16.2M 0.00% of portfolio	4.66% 367.0K shares	Q4 2014 Held for 10y 11m	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$13.9M 0.00% of portfolio	3.98% 313.2K shares	Q2 2017 Held for 8y 5m	$466.32B
Fourthstone LLC Hedge Fund•Long/Short	Amy Morris Stone CEO	$7.8M 1.41% of portfolio	2.25% 177.3K shares	Q3 2024 Held for 1y 2m	$557.6M
Pacific Ridge Capital Partners, LLC Long Only Manager	Mark Daniel Cooper President	$7.6M 1.66% of portfolio	2.19% 172.5K shares	Q2 2023 Held for 2y 5m	$460.6M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$7.1M 0.00% of portfolio	2.04% 160.4K shares	Q3 2014 Held for 11y 2m	$1.57T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$5.2M 0.01% of portfolio	1.50% 118.3K shares	Q4 2015 Held for 9y 11m	$75.8B
Siena Capital Management, LLC Hedge Fund•Sector	Daniel Kanter President	$5.1M 3.08% of portfolio	1.47% 116.1K shares	Q4 2016 Held for 8y 11m	$167.0M
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	Gillian Morna Therese Savage CEO	$4.9M 0.01% of portfolio	1.41% 111.2K shares	Q4 2018 Held for 6y 11m	$51.5B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$4.8M 0.00% of portfolio	1.39% 109.6K shares	Q2 2016 Held for 9y 5m	$2.88T

Net Capital Flow

Institutional buying and selling activity for BWFG in Q3 2025

Traded: +$14.5M
Buyers: 58
Sellers: 24
Total Bought: +$23.6M
Total Sold: −$9.2M
Avg Position: $1.5M

Biggest Buyers

Institution	Net Bought	Current Position
Hillsdale Investment Management Inc. Long Only Manager	+$4.3M +96.7K shares	$4.3M 96.7K shares
B BlackRock, Inc. Institution	+$2.1M +47.0K shares	$20.6M 464.8K shares
Marshall Wace LLP Institution	+$1.6M +37.2K shares	$1.6M 37.2K shares
STATE STREET CORP Institution	+$1.3M +29.3K shares	$4.8M 109.6K shares
EAM Investors, LLC Long Only Manager	+$1.2M +28.1K shares	$1.2M 28.1K shares
C CI Private Wealth, LLC RIA/Wealth	+$969.2K +21.9K shares	$969.2K 21.9K shares
GOLDMAN SACHS GROUP INC Institution	+$847.3K +19.1K shares	$2.3M 51.9K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$796.9K +18.0K shares	$4.9M 111.2K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$694.9K +15.7K shares	$694.9K 15.7K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$645.5K +14.6K shares	$2.3M 51.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
Fourthstone LLC Hedge Fund•Long/Short	−$4.0M −89.5K shares	$7.8M 177.3K shares
L LSV ASSET MANAGEMENT Long Only Manager	−$929.0K −21.0K shares	$3.8M 85.2K shares
SeaCrest Wealth Management, LLC RIA/Wealth	−$905.0K −25.1K shares	Sold Off 0 shares
B BANC FUNDS CO LLC Institution	−$794.5K −18.0K shares	$4.8M 108.4K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$584.1K −13.2K shares	$5.2M 118.3K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$316.8K −8.8K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$296.5K −6.7K shares	$208.7K 4.7K shares
UBS Group AG Institution	−$244.0K −5.5K shares	$480.4K 10.9K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	−$223.6K −6.2K shares	Sold Off 0 shares
Pacific Ridge Capital Partners, LLC Long Only Manager	−$180.9K −4.1K shares	$7.6M 172.5K shares

Entry and Exit Activity

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

New Positions: 14
New Value: $5.6M
Exited Positions: 5
Exited Value: $1.5M

New Positions

Institution	Position Value
EAM Investors, LLC Long Only Manager	$1.2M 28.1K shares
C CI Private Wealth, LLC RIA/Wealth	$969.2K 21.9K shares
C Colony Group, LLC Institution	$621.5K 17.1K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$606.9K 13.7K shares
STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth	$601.8K 13.6K shares
PRUDENTIAL FINANCIAL INC Institution	$370.0K 8.4K shares
C Cubist Systematic Strategies, LLC Institution	$365.5K 8.3K shares
FRANKLIN RESOURCES INC Institution	$302.3K 6.8K shares
OCCUDO QUANTITATIVE STRATEGIES LP Hedge Fund•Market Neutral	$256.0K 5.8K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$251.5K 5.7K shares

Exited Positions

Institution	Previous Position
SeaCrest Wealth Management, LLC RIA/Wealth	$905.0K 25.1K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$316.8K 8.8K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	$223.6K 6.2K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$62.7K 1.7K shares
P PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO Institution	$34.5K 958.0 shares

Options Activity

Institutions with the largest Call and Put options positions in BWFG 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 BWFG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Siena Capital Management, LLC Hedge Fund•Sector	Daniel Kanter President	3.08% $5.1M	1.47% 116.1K shares	Q4 2016 Held for 8y 11m	$167.0M
Pacific Ridge Capital Partners, LLC Long Only Manager	Mark Daniel Cooper President	1.66% $7.6M	2.19% 172.5K shares	Q2 2023 Held for 2y 5m	$460.6M
Fourthstone LLC Hedge Fund•Long/Short	Amy Morris Stone CEO	1.41% $7.8M	2.25% 177.3K shares	Q3 2024 Held for 1y 2m	$557.6M
B BANC FUNDS CO LLC Institution	-	1.17% $4.8M	1.38% 108.4K shares	Q2 2014 Held for 11y 5m	$411.3M
GM Advisory Group, Inc. RIA/Wealth	Michael Anthony Lamena CEO	0.20% $4.7M	1.34% 105.6K shares	Q4 2023 Held for 1y 11m	$2.4B
Bridge City Capital, LLC Long Only Manager	Alexander Jackson Woodward President	0.15% $566.8K	0.16% 12.8K shares	Q4 2023 Held for 1y 11m	$374.5M
EAM Investors, LLC Long Only Manager	Derek John Gaertner CEO	0.14% $1.2M	0.36% 28.1K shares	Q3 2025 Held for 2 months	$873.4M
Hillsdale Investment Management Inc. Long Only Manager	Albert Christopher Guthrie CEO	0.13% $4.3M	1.23% 96.7K shares	Q3 2025 Held for 2 months	$3.3B
Sierra Capital LLC Family Office	Rafael Jose Delasierra Managing Partner	0.09% $410.9K	0.12% 9.3K shares	Q1 2021 Held for 4y 8m	$447.6M
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	0.05% $2.2M	0.63% 49.8K shares	Q1 2021 Held for 4y 8m	$4.7B

Hedge Fund Spotlight

Discover hedge funds investing in BWFG

Fourthstone LLC

Hedge Fund • Long/Short

Portfolio ManagerAmy Morris Stone

Portfolio Value: $557.6M
Positions: 83
Last Reported: Q3 2025

Sector Allocation

Position in Bankwell Financial Group

Market Value: $7.8M
Shares Held: 177.3K
Portfolio Weight: 1.41%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 Orrstown Financial Services ORRF	Banks - Regional Financial Services	$49.4M	8.85%
2 ChoiceOne Financial COFS	Banks - Regional Financial Services	$31.7M	5.68%
3 Community West Bancshares CWBC	Banks - Regional Financial Services	$30.5M	5.47%