HAWTHORN BANCSHARES, INC. - Common stock, $0.01 par value (HWBK) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common stock, $0.01 par value
Symbol
HWBK on Nasdaq
Shares outstanding
6,860,968
Price per share
$34.00
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
2,095,394
Total reported value
$73,106,003
% of total 13F portfolios
0%
Share change
+24,664
Value change
+$1,030,002
Number of holders
61
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of HAWTHORN BANCSHARES, INC. - Common stock, $0.01 par value (HWBK) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Eden Douglas Todd 9.4% $20,018,658 644,931 Douglas Eden 11 Dec 2025
FJ Capital Management LLC 4.8% -35% $9,975,152 -$5,117,177 334,849 -34% FJ Capital Management LLC 31 Dec 2024

As of 31 Dec 2025, 61 institutional investors reported holding 2,095,394 shares of HAWTHORN BANCSHARES, INC. - Common stock, $0.01 par value (HWBK). This represents 31% of the company’s total 6,860,968 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of HAWTHORN BANCSHARES, INC. - Common stock, $0.01 par value (HWBK) together control 29% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Ategra Capital Management, LLC 5% 342,390 0% 6.8% $11,942,563
VANGUARD GROUP INC 4.6% 317,844 -1.3% 0% $11,086,399
BlackRock, Inc. 4.4% 300,644 +9.7% 0% $10,486,463
FJ Capital Management LLC 2.8% 190,710 0% 0.73% $6,651,965
DIMENSIONAL FUND ADVISORS LP 2.3% 155,913 +1.8% 0% $5,437,306
GEODE CAPITAL MANAGEMENT, LLC 2% 139,614 +0.12% 0% $4,871,152
STATE STREET CORP 1.1% 78,650 +6.6% 0% $2,758,399
BRIDGEWAY CAPITAL MANAGEMENT, LLC 1.1% 75,686 0% 0.06% $2,639,928
MONETA GROUP INVESTMENT ADVISORS LLC 0.71% 48,537 -2.2% 0.01% $1,692,961
Pinnacle Holdings, LLC 0.7% 47,764 0% 0.57% $1,666,007
NORTHERN TRUST CORP 0.59% 40,178 -13% 0% $1,401,409
RBF Capital, LLC 0.57% 39,167 0% 0.06% $1,366,145
RENAISSANCE TECHNOLOGIES LLC 0.54% 37,201 -4.7% 0% $1,297,571
MERCER GLOBAL ADVISORS INC /ADV 0.47% 32,430 +45% 0% $1,131,175
GOLDMAN SACHS GROUP INC 0.45% 30,790 +30% 0% $1,073,955
AMERICAN CENTURY COMPANIES INC 0.3% 20,603 0% 0% $718,633
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.24% 16,391 -1.8% 0% $571,718
ALLIANCEBERNSTEIN L.P. 0.23% 15,704 0% $547,756
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.23% 15,606 0% 0% $544,337
Bank of New York Mellon Corp 0.2% 13,785 -0.75% 0% $480,808
Eagle Bluffs Wealth Management LLC 0.2% 13,747 +3.8% 0.2% $482,245
CITADEL ADVISORS LLC 0.17% 11,555 +1.7% 0% $403,039
PRICE T ROWE ASSOCIATES INC /MD/ 0.16% 10,937 0% 0% $382,000
BARCLAYS PLC 0.16% 10,789 +24% 0% $376,321
Focus Partners Wealth 0.13% 9,239 +0.31% 0% $322,256

Institutional Holders of HAWTHORN BANCSHARES, INC. - Common stock, $0.01 par value (HWBK) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 2,095,394 $73,106,003 +$1,030,002 $34.88 61
2025 Q3 2,086,089 $64,769,981 -$225,661 $31.04 59
2025 Q2 2,094,980 $61,057,286 +$6,086,640 $29.14 51
2025 Q1 1,887,964 $53,306,900 +$2,616 $28.23 40
2024 Q4 1,887,765 $53,527,928 -$564,524 $28.35 36
2024 Q3 1,908,093 $47,755,716 +$498,296 $25.03 33
2024 Q2 1,899,630 $37,618,690 -$926,438 $19.80 32
2024 Q1 1,946,072 $39,764,398 -$1,286,975 $20.43 33
2023 Q4 1,879,111 $47,678,476 +$1,719,964 $25.37 39
2023 Q3 1,871,386 $30,414,841 +$673,518 $16.25 36
2023 Q2 1,845,103 $33,124,101 -$2,700,913 $17.95 36
2023 Q1 1,960,685 $45,827,705 -$2,929,429 $23.38 31
2022 Q4 2,094,699 $45,606,605 -$334,332 $21.77 33
2022 Q3 2,109,574 $45,509,629 -$283,457 $21.86 34
2022 Q2 2,112,596 $53,172,763 -$884,664 $25.49 35
2022 Q1 2,170,884 $54,940,259 -$281,283 $25.28 36
2021 Q4 2,180,790 $56,535,153 +$443,156 $25.94 37
2021 Q3 2,115,667 $49,018,277 +$702,602 $23.16 34
2021 Q2 2,086,314 $47,859,540 -$4,713,701 $22.93 38
2021 Q1 2,291,211 $48,796,391 -$1,553,421 $21.29 36
2020 Q4 2,366,836 $51,836,319 +$955,189 $21.90 36
2020 Q3 2,323,121 $44,004,507 +$546,941 $18.94 36
2020 Q2 2,292,756 $45,156,178 +$849,028 $19.69 38
2020 Q1 2,251,311 $41,327,772 -$2,326,791 $18.35 39
2019 Q4 2,353,698 $60,019,766 -$888,504 $25.50 44
2019 Q3 2,444,188 $58,247,404 +$2,036,478 $23.83 47
2019 Q2 2,358,494 $63,198,754 +$8,932,253 $26.80 44
2019 Q1 2,031,330 $47,208,868 +$45,793 $23.24 31
2018 Q4 1,734,273 $36,537,563 +$4,815,867 $21.03 23
2018 Q3 1,466,604 $33,363,392 +$3,124,948 $22.75 23
2018 Q2 1,329,184 $29,110,953 +$3,672,672 $21.90 19
2018 Q1 1,161,500 $23,919,104 -$2,992,553 $20.64 19
2017 Q4 1,306,391 $27,106,432 +$4,958,610 $20.75 18
2017 Q3 1,056,889 $21,874,428 +$84,865 $20.70 16
2017 Q2 1,052,702 $22,016,219 +$620,566 $20.83 16
2017 Q1 1,022,918 $21,484,283 +$1,007,290 $20.97 17
2016 Q4 976,629 $17,277,910 +$881,935 $17.69 15
2016 Q3 765,851 $11,641,398 +$65,323 $15.15 14
2016 Q2 761,561 $10,503,000 +$428,942 $13.79 13
2016 Q1 729,338 $10,757,000 +$169,947 $14.75 12
2015 Q4 717,828 $11,300,000 -$192,656 $15.74 10
2015 Q3 731,963 $10,225,000 +$41,061 $13.97 10
2015 Q2 728,916 $10,438,000 +$493,985 $14.32 11
2015 Q1 695,219 $9,315,000 +$440,812 $13.39 11
2014 Q4 662,205 $9,460,000 +$467,392 $14.25 12
2014 Q3 630,808 $8,674,000 +$552,275 $13.74 14
2014 Q2 590,636 $7,395,000 +$161,404 $12.52 13
2014 Q1 576,336 $7,652,000 -$149,841 $13.29 13