Who owns The Baldwin Insurance Group (BWIN)
Which tracked institutional funds hold BWIN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BWIN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
75 tracked funds added or opened BWIN while 33 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BWIN’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BWIN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 213 tracked filers holding BWIN, 104 increased or opened the position and 114 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BWIN between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 13
- Bridgewater Advisors Inc.$21M
- Jupiter Topco LLC$9M
- Freestone Grove Partners LP$9M
- Lighthouse Investment Partners, LLC$5M
- BALYASNY ASSET MANAGEMENT L.P.$4M
- CITADEL ADVISORS LLC$2M
Full exits 17
- T. Rowe Price Investment Management, Inc.$35M
- Artisan Partners Limited Partnership$27M
- AMERICAN CENTURY COMPANIES INC$23M
- JANUS HENDERSON GROUP PLC$19M
- SMITH CHAS P & ASSOCIATES PA CPAS$3M
- XTX Topco Ltd$3M
Largest adds
- FMR LLC$86M
- Woodline Partners LP$49M
- BlackRock, Inc.$47M
- FRONTIER CAPITAL MANAGEMENT CO LLC$32M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$30M
- MORGAN STANLEY$21M
Largest trims
- NOMURA HOLDINGS INC$32M
- CONFLUENCE INVESTMENT MANAGEMENT LLC$12M
- Man Group plc$7M
- Fiera Capital Corp$7M
- NEW YORK STATE COMMON RETIREMENT FUND$6M
- WESTWOOD HOLDINGS GROUP INC$5M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FMR LLC added | 14,752,216 | $392M | 17.0% | 2026-Q2 |
| BlackRock, Inc. added | 7,251,950 | $193M | 8.4% | 2026-Q2 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 6,732,965 | $179M | 7.8% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 3,262,912 | $87M | 3.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 3,166,381 | $84M | 3.7% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 3,077,351 | $82M | 3.6% | 2026-Q2 |
| BAMCO INC /NY/ added | 2,712,386 | $72M | 3.1% | 2026-Q2 |
| STATE STREET CORP added | 2,665,874 | $71M | 3.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,339,453 | $62M | 2.7% | 2026-Q2 |
| MORGAN STANLEY added | 2,277,033 | $61M | 2.6% | 2026-Q2 |
| Woodline Partners LP added | 2,264,135 | $60M | 2.6% | 2026-Q2 |
| FRONTIER CAPITAL MANAGEMENT CO LLC added | 2,097,658 | $56M | 2.4% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC trimmed | 1,938,370 | $52M | 2.2% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 1,912,711 | $51M | 2.2% | 2026-Q2 |
| Capital International Investors added | 1,690,697 | $45M | 2.0% | 2026-Q2 |
| UBS Group AG added | 1,641,349 | $44M | 1.9% | 2026-Q2 |
| Annis Gardner Whiting Capital Advisors, LLC trimmed | 1,582,587 | $42M | 1.8% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,346,168 | $36M | 1.6% | 2026-Q2 |
| Capital Research Global Investors trimmed | 1,308,203 | $35M | 1.5% | 2026-Q2 |
| Boston Partners added | 1,192,820 | $32M | 1.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,184,085 | $31M | 1.4% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 1,038,190 | $28M | 1.2% | 2026-Q2 |
| Champlain Investment Partners, LLC trimmed | 863,038 | $23M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP added | 810,264 | $22M | 0.9% | 2026-Q2 |
| Fenimore Asset Management Inc added | 795,434 | $21M | 0.9% | 2026-Q2 |
| Venator Management LLC | 773,345 | $21M | 0.9% | 2026-Q2 |
| Bridgewater Advisors Inc. new | 728,743 | $21M | 0.9% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 723,413 | $19M | 0.8% | 2026-Q2 |
| MetLife Investment Management, LLC trimmed | 692,797 | $18M | 0.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 673,005 | $18M | 0.8% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 651,487 | $17M | 0.8% | 2026-Q2 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 612,135 | $16M | 0.7% | 2026-Q2 |
| Fiera Capital Corp trimmed | 596,374 | $16M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 581,482 | $15M | 0.7% | 2026-Q2 |
| Aristotle Capital Boston, LLC trimmed | 568,427 | $15M | 0.7% | 2026-Q2 |
| 1776 Wealth LLC added | 537,410 | $14M | 0.6% | 2026-Q2 |
| Corient Private Wealth LP added | 518,278 | $14M | 0.6% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 446,679 | $12M | 0.5% | 2026-Q2 |
| BECK MACK & OLIVER LLC added | 438,020 | $12M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 410,190 | $11M | 0.5% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 405,426 | $11M | 0.5% | 2026-Q2 |
| Nuveen, LLC added | 392,561 | $10M | 0.5% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 364,353 | $10M | 0.4% | 2026-Q2 |
| Tributary Capital Management, LLC trimmed | 357,734 | $10M | 0.4% | 2026-Q2 |
| Jupiter Topco LLC new | 329,652 | $9M | 0.4% | 2026-Q2 |
| Freestone Grove Partners LP added | 327,679 | $9M | 0.4% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 325,131 | $9M | 0.4% | 2026-Q2 |
| EQUITABLE TRUST CO | 282,998 | $8M | 0.3% | 2026-Q2 |
| PEREGRINE CAPITAL MANAGEMENT LLC trimmed | 245,502 | $7M | 0.3% | 2026-Q2 |
| MAI Capital Management trimmed | 221,435 | $6M | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 197,936 | $5M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 185,553 | $5M | 0.2% | 2026-Q2 |
| NICHOLAS COMPANY, INC. | 184,180 | $5M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 183,854 | $5M | 0.2% | 2026-Q2 |
| PALISADE CAPITAL MANAGEMENT, LP trimmed | 173,017 | $5M | 0.2% | 2026-Q2 |
| Lighthouse Investment Partners, LLC trimmed | 171,922 | $5M | 0.2% | 2026-Q2 |
| Man Group plc trimmed | 166,028 | $4M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 155,500 | $4M | 0.2% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 153,172 | $4M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 144,486 | $4M | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 129,339 | $3M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 125,590 | $3M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 120,032 | $3M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 106,200 | $2M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 105,609 | $3M | 0.1% | 2026-Q2 |
| Madison Asset Management, LLC added | 103,470 | $3M | 0.1% | 2026-Q2 |
| HB Wealth Management, LLC added | 103,226 | $3M | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 94,048 | $2M | 0.1% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 89,248 | $2M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 88,806 | $2M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 81,163 | $2M | 0.1% | 2026-Q2 |
| BROWN BROTHERS HARRIMAN & CO | 80,665 | $2M | 0.1% | 2026-Q2 |
| Invesco Ltd. added | 80,591 | $2M | 0.1% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 77,621 | $2M | 0.1% | 2026-Q2 |
| Pathway Financial Advisors LLC trimmed | 76,394 | $2M | 0.1% | 2026-Q2 |
| Laird Norton Wetherby Trust Company, LLC added | 74,998 | $2M | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 73,992 | $2M | 0.1% | 2026-Q2 |
| Summit Creek Advisors LLC trimmed | 66,487 | $2M | 0.1% | 2026-Q2 |
| Legal & General Group Plc added | 64,269 | $2M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 63,518 | $2M | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 62,929 | $2M | 0.1% | 2026-Q2 |
| NOMURA HOLDINGS INC trimmed | 60,920 | $2M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 56,002 | $1M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 54,526 | $1M | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 50,046 | $1M | 0.1% | 2026-Q2 |
| SAPIENT CAPITAL LLC | 50,000 | $1M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 49,618 | $1M | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 48,039 | $1M | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 45,171 | $1M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 44,575 | $1M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 42,392 | $1M | 0.0% | 2026-Q2 |
| Creative Planning trimmed | 40,498 | $1M | 0.0% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 39,293 | $1M | 0.0% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 38,563 | $1M | 0.0% | 2026-Q2 |
| Cerity Partners LLC new | 37,144 | $987K | 0.0% | 2026-Q2 |
| Bleakley Financial Group, LLC added | 36,470 | $969K | 0.0% | 2026-Q2 |
| Washington Trust Bank | 36,217 | $963K | 0.0% | 2026-Q2 |
| CIBC WORLD MARKET INC. new | 36,000 | $957K | 0.0% | 2026-Q2 |
| Quadrant Private Wealth Management, LLC trimmed | 34,686 | $922K | 0.0% | 2026-Q2 |
| NATIXIS | 34,000 | $904K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.