BRIDGEWATER BANCSHARES INC

Ticker: BWB CUSIP: 108621103 Class: Common Stock

ACADIAN ASSET MANAGEMENT LLC's Holding History (CIK: 0000916542)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 374,589 Value ($000) $7 Avg Close $17.35 Range $16.06 - $19.11

Q3 2025

Shares 358,563 Value ($000) $6 Avg Close $16.33 Range $14.90 - $18.01

Q2 2025

Shares 369,502 Value ($000) $6 Avg Close $14.65 Range $11.93 - $17.66

Q1 2025

Shares 370,052 Value ($000) $5 Avg Close $13.93 Range $12.43 - $15.29

Q4 2024

Shares 360,464 Value ($000) $5 Avg Close $14.70 Range $13.33 - $16.00

Q3 2024

Shares 362,076 Value ($000) $5 Avg Close $13.38 Range $11.13 - $14.90

Q2 2024

Shares 342,197 Value ($000) $4 Avg Close $11.43 Range $10.52 - $12.24

Q1 2024

Shares 289,173 Value ($000) $3 Avg Close $12.18 Range $11.04 - $14.43

Q4 2023

Shares 150,397 Value ($000) $2 Avg Close $10.53 Range $8.00 - $14.17

Q3 2023

Shares 150,397 Value ($000) $1 Avg Close $10.31 Range $9.23 - $11.66

Q2 2023

Shares 150,397 Value ($000) $1 Avg Close $9.61 Range $7.90 - $11.14

Q1 2023

Shares 179,855 Value ($000) $2 Avg Close $14.69 Range $10.71 - $17.87

Q4 2022

Shares 163,945 Value ($000) $3 Avg Close $18.32 Range $16.45 - $20.20

Q3 2022

Shares 163,927 Value ($000) $2,698 Avg Close $17.12 Range $15.41 - $18.62

Q2 2022

Shares 136,173 Value ($000) $2,198 Avg Close $16.06 Range $14.97 - $17.09

Q1 2022

Shares 107,843 Value ($000) $1,796 Avg Close $17.42 Range $16.23 - $18.41

Q4 2021

Shares 95,828 Value ($000) $1,693 Avg Close $17.88 Range $16.23 - $20.05

Q3 2021

Shares 78,561 Value ($000) $1,374 Avg Close $16.23 Range $15.53 - $18.15

Q2 2021

Shares 118,101 Value ($000) $1,907 Avg Close $16.75 Range $15.22 - $18.06

Q1 2021

Shares 112,314 Value ($000) $1,814 Avg Close $14.76 Range $12.29 - $18.25

Q4 2020

Shares 126,470 Value ($000) $1,579 Avg Close $11.56 Range $9.53 - $12.81

Q3 2020

Shares 154,119 Value ($000) $1,464 Avg Close $9.57 Range $8.65 - $10.74

Q2 2020

Shares 181,033 Value ($000) $1,856 Avg Close $9.68 Range $8.11 - $12.00

Q1 2020

Shares 185,265 Value ($000) $1,804 Avg Close $12.24 Range $7.99 - $13.88

Q4 2019

Shares 148,198 Value ($000) $2,044 Avg Close $12.68 Range $11.33 - $13.90

Q3 2019

Shares 108,250 Value ($000) $1,292 Avg Close $11.60 Range $10.86 - $12.56

Q2 2019

Shares 88,240 Value ($000) $1,018 Avg Close $10.89 Range $10.21 - $11.72

Q1 2019

Shares 70,451 Value ($000) $728 Avg Close $10.94 Range $9.69 - $11.59

Q4 2018

Shares 29,467 Value ($000) $310 Avg Close $11.55 Range $9.30 - $13.20

Q3 2018

Shares 18,662 Value ($000) $243 Avg Close $12.82 Range $12.29 - $13.50

Q2 2018

Shares 11,613 Value ($000) $148 Avg Close $13.00 Range $12.64 - $13.87

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	374,589	$7	$17.35	$16.06 - $19.11
Q3 2025	358,563	$6	$16.33	$14.90 - $18.01
Q2 2025	369,502	$6	$14.65	$11.93 - $17.66
Q1 2025	370,052	$5	$13.93	$12.43 - $15.29
Q4 2024	360,464	$5	$14.70	$13.33 - $16.00
Q3 2024	362,076	$5	$13.38	$11.13 - $14.90
Q2 2024	342,197	$4	$11.43	$10.52 - $12.24
Q1 2024	289,173	$3	$12.18	$11.04 - $14.43
Q4 2023	150,397	$2	$10.53	$8.00 - $14.17
Q3 2023	150,397	$1	$10.31	$9.23 - $11.66
Q2 2023	150,397	$1	$9.61	$7.90 - $11.14
Q1 2023	179,855	$2	$14.69	$10.71 - $17.87
Q4 2022	163,945	$3	$18.32	$16.45 - $20.20
Q3 2022	163,927	$2,698	$17.12	$15.41 - $18.62
Q2 2022	136,173	$2,198	$16.06	$14.97 - $17.09
Q1 2022	107,843	$1,796	$17.42	$16.23 - $18.41
Q4 2021	95,828	$1,693	$17.88	$16.23 - $20.05
Q3 2021	78,561	$1,374	$16.23	$15.53 - $18.15
Q2 2021	118,101	$1,907	$16.75	$15.22 - $18.06
Q1 2021	112,314	$1,814	$14.76	$12.29 - $18.25
Q4 2020	126,470	$1,579	$11.56	$9.53 - $12.81
Q3 2020	154,119	$1,464	$9.57	$8.65 - $10.74
Q2 2020	181,033	$1,856	$9.68	$8.11 - $12.00
Q1 2020	185,265	$1,804	$12.24	$7.99 - $13.88
Q4 2019	148,198	$2,044	$12.68	$11.33 - $13.90
Q3 2019	108,250	$1,292	$11.60	$10.86 - $12.56
Q2 2019	88,240	$1,018	$10.89	$10.21 - $11.72
Q1 2019	70,451	$728	$10.94	$9.69 - $11.59
Q4 2018	29,467	$310	$11.55	$9.30 - $13.20
Q3 2018	18,662	$243	$12.82	$12.29 - $13.50
Q2 2018	11,613	$148	$13.00	$12.64 - $13.87