Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hawthorn Bancshares Inc (HWBK)

61 + Investors. Track Smart Money conviction in HWBK. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — HWBK

Based on 62 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HWBK positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
62 hedge funds hold HWBK right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +51% more funds vs a year ago

fund count last 6Q
+21 new funds entered over the past year (+51% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 46% buying

23 buying27 selling
Last quarter: 27 funds reduced or exited vs 23 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 15 → 11 → 9 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

55% of holders stayed for 2+ years

55% conviction (2yr+) 21% medium 24% new
34 out of 62 hedge funds have held HWBK for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
⚠️

Saturation — most institutions already know this story

6 → 15 → 11 → 9 → 6 new funds/Q
New funds entering each quarter: 15 → 11 → 9 → 6. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Veteran-anchored — 55% veterans vs 34% newcomers

55% veterans 11% 1-2yr 34% new
Entry-cohort mix of 62 holders: 34 (55%) are 2+ year veterans, 7 entered 1–2 years ago, and 21 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
25 of 62 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — HWBK

In 2026 Q1, 23 hedge funds were net buyers of HWBK (6 opened a new position, 17 added to an existing one), while 27 reduced or exited (19 trimmed, 8 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 28% of total institutional value in HWBK is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 62.

Hedge Fund Ownership: HWBK

How many hedge funds hold HWBK — quarterly history vs. share price
Quarterly hedge fund ownership of HWBK vs. share price

Market Analysis: HWBK

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HWBK

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Hawthorn Bancshares Inc (HWBK) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HWBK has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
HWBK
nan%
XLF
+9.5%

HWBK outperformed XLF by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
HWBK
nan%
XLF
+5.8%

Since the filing became public, HWBK outperformed XLF by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 1 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: HWBK
61 + Investors

Track Smart Money conviction in HWBK. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 61 64 -4.69%
13F Shares 2M 2M -1.5%
Total Value $71M $75M -4.87%
New Positions 5 9 -4
Increased Positions 17 22 -5
Closed Positions 8 3 +5
Reduced Positions 19 16 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HWBK

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Institutional Holders (2026 Q1)

61 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HWBK. Verified SEC 13F-HR filings.

QUARTER:
Top 25 HWBK holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ategra Capital Management, LLC 5.73% 342,390 $11.5M
2 FJ Capital Management LLC 0.72% 190,710 $6.4M
3 Pinnacle Holdings, LLC 0.50% 46,131 $1.6M
4 Alexander Labrunerie & CO., INC. 0.19% 15,471 $521K
5 Eagle Bluffs Wealth Management LLC 0.18% 13,747 $466K
6 RBF Capital, LLC 0.07% 39,167 $1.3M
7 Bridgeway Capital Management, LLC 0.04% 65,186 $2.2M
8 Moneta Group Investment Advisors LLC 0.01% 48,725 $1.6M
9 Empowered Funds, LLC 0.01% 33,050 $1.1M
10 CENTRAL TRUST Co 0.00% 5,168 $174K
11 Renaissance Technologies LLC 0.00% 34,843 $1.2M
12 Mercer Global Advisors Inc /Adv 0.00% 32,450 $1.1M
13 Tower Research Capital LLC (TRC) 0.00% 739 $25K
14 MetLife Investment Management, LLC 0.00% 3,620 $122K
15 Ameritas Investment Partners, Inc. 0.00% 593 $20K
16 Essential Partners LLC 0.00% 33 $1K
17 Police & Firemen's Retirement System of New Jersey 0.00% 1,269 $43K
18 American Century Companies Inc 0.00% 20,603 $694K
19 Focus Partners Wealth 0.00% 9,237 $311K
20 Vanguard Fiduciary Trust Co 0.00% 36,072 $1.2M
21 Arrowstreet Capital, Limited Partnership 0.00% 15,606 $526K
22 Vanguard Capital Management LLC 0.00% 246,188 $8.3M
23 Rhumbline Advisers 0.00% 6,919 $233K
24 BlackRock, Inc. 0.00% 310,672 $10.5M
25 Creative Planning 0.00% 7,956 $268K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Hawthorn Bancshares Inc (HWBK)

What does the Smart Money Trend signal show for HWBK?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HWBK positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for HWBK?

More sellers than buyers — 46% buying: Last quarter: 27 funds reduced or exited vs 23 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for HWBK holders?

Strong quality — 28% AUM from major funds: 25 of 62 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held HWBK?

55% of holders stayed for 2+ years: 34 out of 62 hedge funds have held HWBK for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Hawthorn Bancshares Inc (HWBK) following the 2026 Q1 hedge fund 13F filings?

As of today, HWBK has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), HWBK has gained nan% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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