Vault-13

BOWHEAD SPECIALTY HLDGS INC BOW

COM SHS · Common Stock · CUSIP 10240L102

165 institutional holders +8 vs Q3 2025
30,160,27230.2m shares reported held*
92.0% of all shares outstanding*
$860.8mreported value*
33 new 75 added 38 reduced 26 sold out net bought ≈ $20.4m (+716.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 32.8m as of 2025-10-29, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $28.54.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q2 24: 70Q3 24: 88Q4 24: 124Q1 25: 147Q2 25: 150Q3 25: 157Q4 25: 165165Q2 24Q4 24Q2 25Q4 25
Numbers
QuarterHolders
Q2 202470
Q3 202488
Q4 2024124
Q1 2025147
Q2 2025150
Q3 2025157
Q4 2025165

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 24: 62 bought or addedQ3 24: 31 cut or sold outQ3 24Q4 24: 94 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 89 bought or addedQ1 25: 46 cut or sold outQ1 25Q2 25: 87 bought or addedQ2 25: 66 cut or sold outQ2 25Q3 25: 94 bought or addedQ3 25: 65 cut or sold outQ3 25Q4 25: 108 bought or addedQ4 25: 64 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q3 20246231
Q4 20249423
Q1 20258946
Q2 20258766
Q3 20259465
Q4 202510864

Biggest buyers

Polar Capital Holdings Plc Added +535,065+535.1k
AMERICAN CENTURY COMPANIES INC Added +415,117+415.1k
Gillson Capital LP New +396,536+396.5k
BlackRock, Inc. Added +298,235+298.2k
Balyasny Asset Management L.P. Added +138,524+138.5k
WASATCH ADVISORS LP Added +113,840+113.8k
Woodline Partners LP Added +109,767+109.8k
Creative Planning Added +104,285+104.3k
Investor's Fiduciary Advisor Network, LLC New +95,569+95.6k
CITADEL ADVISORS LLC Added +94,520+94.5k

Biggest sellers

Philadelphia Financial Management of San Francisco, LLC Sold out -519,833-519.8k
MILLENNIUM MANAGEMENT LLC Reduced -327,924-327.9k
EMERALD ADVISERS, LLC Sold out -221,958-222.0k
MORGAN STANLEY Reduced -123,451-123.5k
EMERALD MUTUAL FUND ADVISERS TRUST Reduced -106,841-106.8k
VANGUARD GROUP INC Reduced -97,343-97.3k
TWO SIGMA INVESTMENTS, LP Reduced -91,795-91.8k
Y-Intercept (Hong Kong) Ltd Reduced -86,639-86.6k
RENAISSANCE TECHNOLOGIES LLC Reduced -85,600-85.6k
DEUTSCHE BANK AG\ Reduced -83,640-83.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Gallatin Point Capital LLC 13G · exempt (held before listing) -6.2 pts · filed 2025-11-14 27.4% -6.2 pts 9.0m≈ $268.4m 2025-11-14
AMERICAN FAMILY MUTUAL INSURANCE COMPANY, S.I. 13G · exempt (held before listing) +0.8 pts · filed 2025-08-04 15.2% +0.8 pts 5.0m≈ $150.4m 2025-08-04
AMERICAN CENTURY INVESTMENT MANAGEMENT INC 13G · institution new · filed 2026-02-13 5.6% new 1.8m≈ $54.7m 2026-02-13
VICTORY CAPITAL MANAGEMENT INC 13G · institution new · filed 2026-07-24 5.4% new 1.8m≈ $53.0m 2026-07-24
GLAZER CAPITAL, LLC 13G · passive investor new · filed 2026-10-06 5.2% new 1.7m≈ $50.8m 2026-10-06

Insider purchases and sales in Q4 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 4 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 3 sellingQ4 24Q1 25: 1 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 2 sellingQ4 25: 0 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20244$1.8m0——
Q3 20240—0——
Q4 20240—3$125.8m—
Q1 20251$49.9k0——
Q2 20250—0——
Q3 20250—2$61.3m—
Q4 20250—0——

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Gallatin Point Capital LLC 87.29% of their portfolio Greenwich, CT 8,968,4459.0m $256.0m $256.0m 87.29% Unchanged
2 American Family Investments, Inc. 4.83% of their portfolio MADISON, WI 4,700,7614.7m $134.2m $134.2m 4.83% Unchanged
3 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 1,827,5251.8m $52.2m $52.2m 0.03% Added +415.1k +415,117
4 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 1,564,3261.6m $44.6m $44.6m 0.03% Added +39.0k +39,041
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,482,6341.5m $42.3m $42.3m 0.00% Added +298.2k +298,235
6 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,409,5441.4m $40.2m $40.2m 0.00% Reduced -97.3k -97,343
7 Polar Capital Holdings Plc 0.16% of their portfolio London, X0 1,225,0001.2m $35.0m $35.0m 0.16% Added +535.1k +535,065
8 WASATCH ADVISORS LP 0.12% of their portfolio SALT LAKE CITY, UT 721,797721.8k $20.6m $20.6m 0.12% Added +113.8k +113,840
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 465,959466.0k $13.3m $13.3m 0.00% Added +28.7k +28,724
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 440,529440.5k $12.6m $12.6m 0.00% Reduced -123.5k -123,451
11 Gillson Capital LP 0.74% of their portfolio CHICAGO, IL 396,536396.5k $11.3m $11.3m 0.74% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 378,865378.9k $10.8m $10.8m 0.00% Added +46.8k +46,766
13 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 333,986334.0k $9.5m $9.5m 0.01% Reduced -91.8k -91,795
14 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 289,658289.7k $8.3m $8.3m 0.01% Reduced -7.1k -7,116
15 DAVENPORT & Co LLC 0.04% of their portfolio RICHMOND, VA 274,801274.8k $7.8m $7.8m 0.04% Added +5.0k +5,032
16 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 251,893251.9k $7.2m $7.2m 0.01% Added +138.5k +138,524
17 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 249,743249.7k $7.1m $7.1m 0.01% Reduced -76.5k -76,485
18 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 237,600237.6k $6.8m $6.8m 0.01% Reduced -61.7k -61,700
19 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 235,100235.1k $6.7m $6.7m 0.01% Reduced -85.6k -85,600
20 Lighthouse Investment Partners, LLC 0.22% of their portfolio Palm Beach Gardens, FL 228,750228.8k $6.5m $6.5m 0.22% Added +20.1k +20,095
21 Zimmer Partners, LP 0.16% of their portfolio NEW YORK, NY 215,000215.0k $6.1m $6.1m 0.16% Unchanged
22 GW&K Investment Management, LLC 0.05% of their portfolio BOSTON, MA 204,152204.2k $5.8m $5.8m 0.05% Added +45.5k +45,545
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 190,246190.2k $5.4m $5.4m 0.00% Reduced -7.2k -7,167
24 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 159,151159.2k $4.5m $4.5m 0.00% Added +83.9k +83,860
25 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 154,905154.9k $4.4m $4.4m 0.00% Added +4.8k +4,765
26 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 145,878145.9k $4.2m $4.2m 0.00% Added +4.3k +4,343
27 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 143,198143.2k $4.1m $4.1m 0.01% Added +10.5k +10,468
28 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 141,481141.5k $4.0m $4.0m 0.00% Added +94.5k +94,520
29 Alyeska Investment Group, L.P. 0.01% of their portfolio CHICAGO, IL 141,282141.3k $4.0m $4.0m 0.01% Unchanged
30 Woodline Partners LP 0.01% of their portfolio San Francisco, CA 133,467133.5k $3.8m $3.8m 0.01% Added +109.8k +109,767
31 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 132,250132.2k $3.8m $3.8m 0.00% Reduced -327.9k -327,924
32 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 131,545131.5k $3.8m $3.8m 0.00% Added +36.6k +36,620
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 131,215131.2k $3.7m $3.7m 0.00% Added +11.6k +11,555
34 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 126,076126.1k $3.6m $3.6m 0.00% Added +104.3k +104,285
35 Investor's Fiduciary Advisor Network, LLC 0.58% of their portfolio SNOQUALMIE, WA 95,56995.6k $2.7m $2.7m 0.58% New
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 93,89893.9k $2.7m $2.7m 0.00% Added +21.2k +21,152
37 ExodusPoint Capital Management, LP 0.03% of their portfolio NEW YORK, NY 83,55783.6k $2.4m $2.4m 0.03% New
38 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 83,47183.5k $2.4m $2.4m 0.00% Added +59.7k +59,741
39 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 72,30072.3k $2.1m $2.1m 0.00% Added +6.1k +6,100
40 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 70,92670.9k $2.0m $2.0m 0.01% Added +11.6k +11,640
41 Knights of Columbus Asset Advisors LLC 0.11% of their portfolio NEW HAVEN, CT 69,81369.8k $2.0m $2.0m 0.11% Added +20.0k +20,032
42 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 60,07160.1k $1.7m $1.7m 0.00% Reduced -17.6k -17,572
43 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 57,11457.1k $1.6m $1.6m 0.00% Added +35.0k +35,015
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 51,68551.7k $1.5m $1.5m 0.00% Reduced -28.3k -28,295
45 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 50,18250.2k $1.4m $1.4m 0.00% Reduced -34.3k -34,310
46 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 50,09750.1k $1.4m $1.4m 0.00% Reduced -83.6k -83,640
47 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 49,10249.1k $1.4m $1.4m 0.00% New
48 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 48,68248.7k $1.4m $1.4m 0.00% Added +16.0k +16,017
49 Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio HONG KONG, K3 47,31947.3k $1.4m $1.4m 0.03% Reduced -86.6k -86,639
50 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 44,45044.5k $1.3m $1.3m 0.00% Added +2.6k +2,625
51 Voleon Capital Management LP 0.03% of their portfolio BERKELEY, CA 41,54841.5k $1.2m $1.2m 0.03% Reduced -45.1k -45,083
52 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 40,61240.6k $1.2m $1.2m 0.00% New
53 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.04% of their portfolio BALA CYNWYD, PA 39,34639.3k $1.1m $1.1m 0.04% Added +7.0k +7,005
54 FJ Capital Management LLC 0.12% of their portfolio MCLEAN, VA 39,31739.3k $1.1m $1.1m 0.12% New
55 Bleakley Financial Group, LLC 0.02% of their portfolio PARSIPPANY, NJ 38,04938.0k $1.1m $1.1m 0.02% New
56 Mariner, LLC 0.00% of their portfolio Overland Park, KS 37,71037.7k $1.1m $1.1m 0.00% Added +28.8k +28,804
57 SEVEN GRAND MANAGERS, LLC 0.08% of their portfolio BRONXVILLE, NY 37,50037.5k $1.1m $1.1m 0.08% Reduced -37.5k -37,500
58 Dockside LLC 0.27% of their portfolio NEW YORK, NY 37,49737.5k $1.1m $1.1m 0.27% First filing
59 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 36,91036.9k $1.1m $1.1m 0.01% Reduced -19.9k -19,873
60 Riverwater Partners LLC 0.40% of their portfolio Milwaukee, WI 36,49636.5k $1.0m $1.0m 0.40% Unchanged
61 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 36,35136.4k $1.0m $1.0m 0.00% New
62 Swiss National Bank 0.00% of their portfolio ZURICH, V8 35,50035.5k $1.0m $1.0m 0.00% Added +3.8k +3,800
63 Interval Partners, LP 0.02% of their portfolio NEW YORK, NY 33,29233.3k $950.2k $950.2k 0.02% New
64 DRW Securities, LLC 0.07% of their portfolio CHICAGO, IL 32,94132.9k $940.1k $940.1k 0.07% Added +15.5k +15,484
65 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 30,86230.9k $881.0k $881.0k 0.00% Reduced -7.6k -7,586
66 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 29,12129.1k $831.0k $831.0k 0.00% Reduced -264 -264
67 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 29,09829.1k $831.0k $831.0k 0.00% Added +7.3k +7,257
68 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 28,90628.9k $825.0k $825.0k 0.00% Reduced -14.1k -14,072
69 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 28,00028.0k $799.0k $799.0k 0.00% Added +4.0k +4,000
70 MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio BOSTON, MA 25,79125.8k $736.1k $736.1k 0.02% Added +484 +484
71 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 25,47225.5k $723.1k $723.1k 0.00% Added +17.6k +17,580
72 DARK FOREST CAPITAL MANAGEMENT LP 0.03% of their portfolio NEW YORK, NY 23,93223.9k $683.0k $683.0k 0.03% Reduced -44.3k -44,308
73 Capitolis Liquid Global Markets LLC 0.00% of their portfolio NEW YORK, NY 23,80023.8k $679.3k $679.3k 0.00% Unchanged
74 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 23,30023.3k $665.0k $665.0k 0.00% Added +5.0k +5,000
75 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 23,27423.3k $664.2k $664.2k 0.00% Reduced -15.5k -15,519
76 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 23,19623.2k $662.0k $662.0k 0.00% Reduced -4.0k -3,999
77 PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio BOSTON, MA 22,07922.1k $630.1k $630.1k 0.00% Reduced -12 -12
78 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 21,00021.0k $599.3k $599.3k 0.00% Added +10.5k +10,500
79 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 20,44120.4k $583.4k $583.4k 0.00% Added +11 +11
80 Boston Partners 0.00% of their portfolio BOSTON, MA 20,30320.3k $579.5k $579.5k 0.00% Added +2.6k +2,599
81 New England Capital Financial Advisors LLC 0.22% of their portfolio MERIDEN, CT 19,87619.9k $567.3k $567.3k 0.22% Unchanged
82 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 19,71619.7k $562.7k $562.7k 0.00% Reduced -2.4k -2,433
83 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 19,46919.5k $555.6k $555.6k 0.00% Added +9.8k +9,762
84 Legal & General Group Plc 0.00% of their portfolio London, X0 17,00917.0k $485.4k $485.4k 0.00% Added +102 +102
85 Dynamic Technology Lab Private Ltd 0.10% of their portfolio SINGAPORE, U0 16,19916.2k $462.0k $462.0k 0.10% Reduced -14.3k -14,348
86 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 15,82215.8k $451.6k $451.6k 0.00% Added +109 +109
87 Aquatic Capital Management LLC 0.01% of their portfolio CHICAGO, IL 14,57514.6k $416.0k $416.0k 0.01% Reduced -12.4k -12,373
88 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 14,48414.5k $413.4k $413.4k 0.00% Added +490 +490
89 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 14,47414.5k $413.1k $413.1k 0.00% Reduced -16.6k -16,569
90 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 14,40014.4k $411.0k $411.0k 0.01% Added +1.8k +1,770
91 WINTON GROUP Ltd 0.01% of their portfolio LONDON, X0 14,32614.3k $408.9k $408.9k 0.01% New
92 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 13,93913.9k $397.8k $397.8k 0.00% Added +1.2k +1,208
93 MONECO ADVISORS, LLC 0.03% of their portfolio FAIRFIELD, CT 11,94511.9k $340.9k $340.9k 0.03% Unchanged
94 FMR LLC 0.00% of their portfolio BOSTON, MA 11,26711.3k $321.6k $321.6k 0.00% Added +11.0k +10,988
95 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 11,19011.2k $319.4k $319.4k 0.00% Reduced -160 -160
96 DRIVE WEALTH MANAGEMENT, LLC 0.06% of their portfolio LEHI, UT 11,17811.2k $319.0k $319.0k 0.06% New
97 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 10,86010.9k $309.9k $309.9k 0.00% Added +673 +673
98 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 10,70010.7k $305.4k $305.4k 0.00% Reduced -10.9k -10,900
99 PDT Partners, LLC 0.02% of their portfolio New York, NY 10,57510.6k $301.8k $301.8k 0.02% Reduced -8.9k -8,948
100 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 9,8989.9k $282.5k $282.5k 0.00% New