BWIN
The Baldwin Insurance Group, Inc. · Financial Services · Insurance - Brokers
Momentum inputs (comparable managers):
holder breadth +10.0% ·
share flow +3.9% ·
net new positions +9.1%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 87 | +4 | 58.54M | $1.56B | +9 | −5 |
| Q1 2026 | 86 | +6 | 60.97M | $1.34B | +10 | −4 |
| Q4 2025 | 79 | +1 | 54.12M | $1.30B | +3 | −2 |
| Q3 2025 | 13 | -1 | 31.36M | $884.62M | +1 | −2 |
| Q2 2025 | 11 | +1 | 25.18M | $1.08B | +1 | — |
| Q1 2025 | 7 | -2 | 4.27M | $191.06M | — | −2 |
| Q4 2024 | 9 | +3 | 4.26M | $165.26M | +3 | — |
| Q3 2024 | 5 | -1 | 1.96M | $97.73M | +1 | −2 |
| Q2 2024 | 6 | — | 2.58M | $91.68M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity (FMR) ✦ | 8.15M | — | $349.06M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | Fidelity (FMR) ✦ | 8.15M | — | $349.06M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | Fidelity (FMR) ✦ | 8.15M | — | $349.06M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | Fidelity (FMR) ✦ | 8.15M | — | $349.06M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | The Vanguard Group ✦ (passive) | 6.63M | — | $283.65M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | The Vanguard Group ✦ (passive) | 6.63M | — | $283.65M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | The Vanguard Group ✦ (passive) | 6.63M | — | $283.65M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | The Vanguard Group ✦ (passive) | 6.63M | — | $283.65M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | The Vanguard Group ✦ (passive) | 6.63M | — | $283.65M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 13 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 14 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 15 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 16 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 17 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 18 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 19 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 20 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 21 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 22 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 23 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 24 | BlackRock ✦ (passive) | 5.18M | — | $221.95M | 0.0% | n/c | 1 | SEC ↗ |
| 25 | State Street Global Advisors ✦ (passive) | 2.08M | -1.1% | $89.25M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 26 | Geode Capital Management ✦ (passive) | 1.70M | +4.9% | $72.60M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 27 | Geode Capital Management ✦ (passive) | 1.70M | +4.9% | $72.60M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 28 | Capital World Investors ✦ | 1.01M | New | $43.24M | 0.0% | New | 1 | SEC ↗ |
| 29 | D. E. Shaw & Co. ✦ | 249.22K | +13.7% | $10.67M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 30 | D. E. Shaw & Co. ✦ | 249.22K | +13.7% | $10.67M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 31 | Millennium Management ✦ | 103.91K | -59.2% | $4.45M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 32 | T. Rowe Price ✦ | 58.71K | +10.5% | $2.51M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 33 | AQR Capital Management ✦ | 9.26K | -13.9% | $396,549 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 34 | AQR Capital Management ✦ | 9.26K | -13.9% | $396,549 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 35 | AQR Capital Management ✦ | 9.26K | -13.9% | $396,549 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 36 | Two Sigma Investments ✦ | 6.88K | -48.4% | $294,319 | 0.0% | ▼ Trim | 5 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Capital World Investors | $43.24M | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 216 holders, 90.04M shares, $1.93B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.