Venator Management LLC: THE BALDWIN INSURANCE GROUP, (BWIN): Quarterly 13F Position History
As of Q1 2026, Venator Management LLC reported 773,345 shares of THE BALDWIN INSURANCE GROUP, (BWIN), worth $17.0M and representing 4.1% of its 13F equity book. Quarter-over-quarter share count change: 350 (-0.0%) . The position first appeared in Q4 2020 and has been disclosed across 22 13F-HR filings in Pactolio's tracked window.
- 773,345Shares Held (Latest Filing)
- $17.0MReported Market Value (Latest Filing)
- 4.1%Portfolio Weight (% of 13F Equity Book)
- 350Quarter-over-Quarter Share Change
- -$1.6MQuarter-over-Quarter Value Change
- 1,273,970Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 22 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 773,345 | 350 | -0.0% | $17.0M | 4.1% | $21.9 |
| Q4 2025 | 773,695 | 0 | — | $18.6M | 4.2% | $24.0 |
| Q3 2025 | 773,695 | 0 | — | $21.8M | 5.2% | $28.2 |
| Q2 2025 | 773,695 | +18,850 | +2.5% | $33.1M | 8.6% | $42.8 |
| Q1 2025 | 754,845 | +32,275 | +4.5% | $33.7M | 10.1% | $44.7 |
| Q4 2024 | 722,570 | 1,230 | -0.2% | $28.0M | 8.1% | $38.8 |
| Q3 2024 | 723,800 | 27,100 | -3.6% | $36.0M | 10.4% | $49.8 |
| Q2 2024 | 750,900 | 31,375 | -4.0% | $26.6M | 8.1% | $35.5 |
| Q1 2024 | 782,275 | 2,400 | -0.3% | $22.6M | 6.7% | $28.9 |
| Q4 2023 | 784,675 | 427,651 | -35.3% | $18.8M | 6.2% | $24.0 |
| Q3 2023 | 1,212,326 | 0 | — | $28.2M | 10.4% | $23.2 |
| Q2 2023 | 1,212,326 | 2,000 | -0.2% | $30.0M | 11.0% | $24.8 |
| Q1 2023 | 1,214,326 | 5,225 | -0.4% | $30.9M | 12.8% | $25.5 |
| Q4 2022 | 1,219,551 | 13,690 | -1.1% | $30.7M | 13.9% | $25.1 |
| Q3 2022 | 1,233,241 | 14,200 | -1.1% | $32.5M | 13.9% | $26.4 |
| Q2 2022 | 1,247,441 | 14,684 | -1.2% | $30.1M | 12.5% | $24.2 |
| Q1 2022 | 1,262,125 | +5,130 | +0.4% | $33.9M | 10.8% | $26.8 |
| Q4 2021 | 1,256,995 | 16,975 | -1.3% | $45.4M | 12.4% | $36.1 |
| Q3 2021 | 1,273,970 | +11,625 | +0.9% | $42.4M | 11.4% | $33.3 |
| Q2 2021 | 1,262,345 | +126,440 | +11.1% | $33.6M | 9.1% | $26.6 |
| Q1 2021 | 1,135,905 | +359,990 | +46.4% | $31.0M | 9.2% | $27.2 |
| Q4 2020 | 775,915 | — | — | $23.3M | 7.6% | $30.0 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Venator Management LLC first disclose a BWIN position in 13F-HR filings?
Venator Management LLC first reported THE BALDWIN INSURANCE GROUP, (BWIN) on its 13F-HR filing for the period ending 2020-12-31 (Q4 2020). The position has appeared on 22 reported quarters within Pactolio's tracked window.
What was Venator Management LLC's most recent quarter-over-quarter share-count change in BWIN?
Between Q4 2025 and Q1 2026, Venator Management LLC reduced its BWIN position by 350 shares (-0.0%), leaving 773,345 shares at a market value of $17.0M.
Does the implied price-per-share represent Venator Management LLC's cost basis in BWIN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.