Bridgewater Bancshares, Inc. (BWB) Ownership

NASDAQ: BWBTop holders, insider trades and short interest.

BWB ownership summary

as of October 18, 2026
Institutions
66.0%
of shares outstanding
Insiders
19.77%
of shares outstanding
Shares outstanding
27.9M
Float
22.5M
shares available to trade
Short interest
2.94%
656K shares short
Days to cover
6.55
short interest down 11.1% vs prior month
  • Institutions 66.02%
  • Insiders 19.77%
  • Other investors 14.21%

BWB top institutional holders

20 largest
Bridgewater Bancshares, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1Thrivent Financial For Lutherans7.91%2.2M$45.4M−49,064 (−2.2%)June 30, 2026
2BlackRock Inc6.33%1.8M$36.4M+180,053 (+11.4%)June 30, 2026
3AllianceBernstein L.P.4.81%1.3M$27.6M+27,467 (+2.1%)June 30, 2026
4Dimensional Fund Advisors, Inc.3.94%1.1M$22.7M+41,073 (+3.9%)June 30, 2026
5Vanguard Capital Management, LLC3.38%941K$19.4M+21,960 (+2.4%)June 30, 2026
6American Century Companies Inc2.54%708K$14.6M+90,491 (+14.6%)June 30, 2026
7Geode Capital Management, LLC2.00%557K$11.5M+61,306 (+12.4%)June 30, 2026
8State Street Corp1.68%469K$9.7M+14,037 (+3.1%)June 30, 2026
9Punch & Associates Inv Mgmt Inc1.56%435K$9.0M—June 30, 2026
10Renaissance Technologies Corp1.38%386K$8.0M+71,600 (+22.8%)June 30, 2026
11Acadian Asset Management LLC1.29%361K$7.4M−7,200 (−2.0%)June 30, 2026
12Tradition Wealth Management LLC1.25%350K$7.2M−2,316 (−0.7%)June 30, 2026
13Arrowstreet Capital Limited Partnership1.25%348K$7.2M—June 30, 2026
14Next Century Growth Investors LLC1.14%318K$6.6M−15,174 (−4.5%)June 30, 2026
15Two Sigma Investments LLC1.11%309K$6.4M+134,795 (+77.6%)June 30, 2026
16Kennedy Capital Management Inc1.01%283K$5.8M−4,293 (−1.5%)June 30, 2026
17Ancora Advisors LLC0.86%239K$4.9M+2,340 (+1.0%)June 30, 2026
18Hillsdale Investment Management Inc.0.84%234K$4.8M+22,100 (+10.4%)June 30, 2026
19Hotchkis & Wiley Capital Management LLC0.83%230K$4.7M+1,570 (+0.7%)June 30, 2026
20Hodges Capital Management Inc0.69%193K$4.0M−40,500 (−17.3%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 12 holders added 669K shares and 6 cut 119K.

BWB top mutual fund and ETF holders

20 largest
Bridgewater Bancshares, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Thrivent Small Cap Stock A5.54%1.5M$31.8M−7,207 (−0.5%)August 31, 2026
2Avantis US Small Cap Value ETF2.47%688K$14.2M+840 (+0.1%)September 30, 2026
3Vanguard MStar Total Stk Mkt Idx Invest2.43%678K$14.0M−9,079 (−1.3%)August 31, 2026
4iShares Russell 2000 ETF1.99%554K$11.4M−6,400 (−1.1%)September 30, 2026
5Thrivent Small Cap Stock1.86%518K$10.7M+4,636 (+0.9%)August 31, 2026
6AB Small Cap Value Advisor0.87%243K$5.0M+26,837 (+12.4%)August 31, 2026
7Fidelity Small Cap Index0.82%227K$4.7M+2,437 (+1.1%)July 31, 2026
8DFA US Small Cap Value I0.64%180K$3.7M+22,477 (+14.3%)August 31, 2026
9Hotchkis & Wiley Sm Cp Divers Val I0.62%174K$3.6M+116,250 (+202.0%)August 31, 2026
10Russell Inv Tax-Managed US Mid&Sm Cap S0.61%171K$3.5M—August 31, 2026
11DFA US Targeted Value I0.57%160K$3.3M+4,043 (+2.6%)August 31, 2026
12Dimensional US Targeted Value ETF0.49%136K$2.8M+45 (+0.0%)September 30, 2026
13RMB Mendon Financial Services A0.46%127K$2.6M—August 31, 2026
14Vanguard Russell 2000 ETF0.45%125K$2.6M+1,128 (+0.9%)September 30, 2026
15Principal SmallCap Value II Instl0.41%113K$2.3M−109 (−0.1%)September 30, 2026
16EA Bridgeway Omni Small-Cap Value ETF0.39%109K$2.2M—September 30, 2026
17Fidelity Extended Market Index0.39%108K$2.2M−579 (−0.5%)August 31, 2026
18DFA US Small Cap I0.38%107K$2.2M—August 31, 2026
19iShares Russell 2000 Growth ETF0.37%102K$2.1M−130 (−0.1%)September 30, 2026
20First Trust Dow Jones Sel MicroCap ETF0.35%97K$2.0M—September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

BWB insider transactions

latest 20
Bridgewater Bancshares, Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-02-10Thomas P TrutnaSell$19.5113,000$253,630
2026-02-06Jeffrey D ShellbergSell$18.899,838$185,840
2026-02-05James S JohnsonSell$19.714,712$92,874
2025-12-10Joseph M ChybowskiSell$18.055,211$94,059
2025-12-09Jeffrey D ShellbergSell$17.7821,936$390,022
2025-12-09Jerry J BaackSell$17.9713,039$234,311
2025-12-09Joseph M ChybowskiSell$17.996,780$121,972
2025-12-09Nicholas L PlaceSell$17.631,408$24,823
2025-12-08Jerry J BaackSell$17.9114,058$251,779
2025-11-13Jerry J BaackSell$17.006,993$118,881
2025-11-13Mary Jayne CrockerSell$17.044,080$69,523
2025-11-12Jerry J BaackSell$17.0718,007$307,379
2025-11-10Mary Jayne CrockerSell$16.758,957$150,030
2025-11-06Lisa M SalazarSell$16.722,175$36,366
2025-11-05Jerry J BaackSell$16.5815,561$258,001
2025-11-05Mary Jayne CrockerSell$17.00277$4,709
2025-10-28Jerry J BaackSell$17.019,439$160,557
2025-10-27David J VolkBuy$17.4613,470$235,186
2025-10-24David J VolkBuy$17.4416,530$288,283
2025-09-04Mary Jayne CrockerBuy$19.48100$1,948

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

BWB shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns BWB

Institutional investors own 66.0% of Bridgewater Bancshares's shares and insiders 19.77%. The largest holder is Thrivent Financial For Lutherans with 7.91% of the shares (2.2M), as of June 30, 2026. Among the top 20 institutions, 12 added shares and 6 reduced their stake in the latest filings. Short interest is 2.94% of the float, or 6.55 days of average trading volume. The share count rose 16.5% since 2016.

Related: BWB analyst forecast, BWB key metrics. See the BWB stock overview for the latest quote and news.

BWB ownership FAQ

Who owns the most Bridgewater Bancshares stock?

The largest shareholders of Bridgewater Bancshares are Thrivent Financial For Lutherans (7.91%), BlackRock Inc (6.33%), AllianceBernstein L.P. (4.81%), Dimensional Fund Advisors, Inc. (3.94%), Vanguard Capital Management, LLC (3.38%).

What percentage of Bridgewater Bancshares is owned by institutions?

Institutions hold 66.0% of Bridgewater Bancshares's shares outstanding; insiders hold 19.77%.

Which funds own Bridgewater Bancshares?

The largest fund holders of Bridgewater Bancshares are Thrivent Small Cap Stock A (5.54%), Avantis US Small Cap Value ETF (2.47%), Vanguard MStar Total Stk Mkt Idx Invest (2.43%), iShares Russell 2000 ETF (1.99%), Thrivent Small Cap Stock (1.86%).

What is Bridgewater Bancshares's short interest?

656K shares of Bridgewater Bancshares were sold short, 2.94% of the float; at the average daily volume it would take 6.55 days to cover.

Are insiders buying or selling Bridgewater Bancshares?

Of the latest 20 reported insider transactions in Bridgewater Bancshares (since September 4, 2025), 3 were purchases and 17 were sales.

How many shares of Bridgewater Bancshares are outstanding?

Bridgewater Bancshares has 27.9M shares outstanding, of which 22.5M are in the public float.

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