Bridgeway Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Bridgeway Capital Management, LLC reported 1,195 stock positions worth $4.7 billion. Its top holding was Nvidia (NVDA) at 1.1% of the portfolio, followed by Microsoft (MSFT, 1.0%) and Broadcom (AVGO, 0.8%). Compared with Q2 2025, it opened 118 new positions, sold out of 101, added to 488 and reduced 308. The biggest buy was a new position in Victoria's Secret (VSXY) and the biggest sale Tegna (TGNA, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001107261
- Portfolio Value
- $4.7B (Q3 2025)
- SEC Filing
- 0001107261-25-000004 ↗ filed Nov 14, 2025
Holdings Value
Holdings 1,195 stocks · $4.7B
| NVDA Nvidia Corp. | 1.10% | 275,568 | $51.4M | Reduce -4.1% |
| MSFT Microsoft Corp. | 0.98% | 88,460 | $45.8M | Add +1.2% |
| AVGO Broadcom Inc. | 0.85% | 120,563 | $39.8M | Reduce -6.3% |
| META Meta Platforms Inc. Class A | 0.84% | 53,442 | $39.2M | Reduce -0.8% |
| AAPL Apple Inc. | 0.83% | 153,214 | $39.0M | Add +1.3% |
| ORCL Oracle Corp. | 0.80% | 132,783 | $37.3M | Reduce -4.7% |
| JPM JPMorgan Chase & Co. | 0.79% | 117,797 | $37.2M | Add +2.3% |
| V Visa Inc. Class A | 0.65% | 89,620 | $30.6M | Reduce -9.1% |
| WFC Wells Fargo & Co. | 0.61% | 343,989 | $28.8M | Add +2.5% |
| PLTR Palantir Technologies Inc. Class A | 0.61% | 156,072 | $28.5M | Reduce -13.3% |
| SIG Signet Jewelers Ltd. | 0.60% | 295,696 | $28.4M | Add +28.2% |
| AMZN Amazon.com Inc. | 0.59% | 125,964 | $27.7M | Add +9.8% |
| MRK Merck & Co. Inc. | 0.55% | 308,956 | $25.9M | Add +5.7% |
| TPC Tutor Perini Corp. | 0.55% | 393,809 | $25.8M | Reduce -23.4% |
| VZ Verizon Communications Inc. | 0.55% | 584,865 | $25.7M | Add +23.2% |
| NFLX Netflix Inc. | 0.55% | 21,411 | $25.7M | Add +21.8% |
| COST Costco Wholesale Corp. | 0.54% | 27,112 | $25.1M | Add +17.5% |
| AAP Advance Auto Parts Inc. | 0.51% | 390,095 | $24.0M | Add +3.6% |
| LLY Eli Lilly & Co. | 0.49% | 30,366 | $23.2M | Reduce -6.0% |
| DAN Dana Inc. | 0.49% | 1,152,207 | $23.1M | Reduce -13.6% |
| VSAT Viasat Inc. | 0.49% | 787,430 | $23.1M | Add +21.7% |
| TDS Telephone and Data Systems | 0.49% | 587,214 | $23.0M | Reduce -8.6% |
| ABBV Abbvie Inc. | 0.49% | 99,281 | $23.0M | Reduce -9.9% |
| TSLA Tesla Inc. | 0.49% | 51,606 | $23.0M | Reduce -19.5% |
| JNJ Johnson & Johnson | 0.49% | 123,610 | $22.9M | Reduce -18.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.49% | 199,953 | $22.9M | Add +21.1% |
| CVX Chevron Corp. | 0.49% | 147,412 | $22.9M | Add +3.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.49% | 45,511 | $22.9M | Add +8.1% |
| MCD McDonald's Corp. | 0.49% | 75,257 | $22.9M | Add +7.4% |
| RTX RTX Corp. | 0.49% | 136,636 | $22.9M | Reduce -2.5% |
| AMD Advanced Micro Devices | 0.49% | 141,277 | $22.9M | Reduce -1.7% |
| XOM Exxon Mobil Corp. | 0.49% | 202,684 | $22.9M | Add +7.1% |
| HD Home Depot Inc. | 0.49% | 56,377 | $22.8M | Add +1.0% |
| MA Mastercard Inc. Class A | 0.49% | 40,155 | $22.8M | Add +9.8% |
| KO The Coca-Cola Co. | 0.49% | 344,365 | $22.8M | Add +18.9% |
| PG The Procter & Gamble Co. | 0.49% | 148,582 | $22.8M | Add +15.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.49% | 442,376 | $22.8M | Add +2.5% |
| WMT Walmart Inc. | 0.49% | 221,431 | $22.8M | Add +5.4% |
| CSCO Cisco Systems Inc. | 0.49% | 333,484 | $22.8M | Add +13.1% |
| UNH Unitedhealth Group Inc. | 0.49% | 66,023 | $22.8M | Add +0.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.49% | 80,745 | $22.8M | Add +16.1% |
| UNFI United Natural Foods Inc. | 0.48% | 601,925 | $22.6M | Reduce -13.4% |
| ENVA Enova International Inc. | 0.48% | 194,576 | $22.4M | Reduce -4.5% |
| BTU Peabody Energy Corp. | 0.45% | 801,802 | $21.3M | Add +15.3% |
| SPHR Sphere Entertainment Co. | 0.45% | 337,514 | $21.0M | Reduce -4.7% |
| GOOGL Alphabet Inc. Class A | 0.44% | 85,793 | $20.9M | Add +2.1% |
| PENN Penn Entertainment Inc. | 0.44% | 1,078,910 | $20.8M | Add +3.1% |
| PHIN Phinia Inc. | 0.44% | 356,332 | $20.5M | Reduce -0.0% |
| HCC Warrior Met Coal Inc. | 0.43% | 319,892 | $20.4M | Reduce -12.0% |
| BFH Bread Financial Holdings Inc. | 0.41% | 347,320 | $19.4M | Add +4.7% |
| PREMIER INC-CLASS A | 0.41% | 693,948 | $19.3M | Reduce -10.2% |
| EFSC Enterprise Financial Service | 0.40% | 326,276 | $18.9M | Add +4.7% |
| FFBC First Financial Bancorp | 0.40% | 739,666 | $18.7M | Add +4.6% |
| SPNT Siriuspoint Ltd. | 0.39% | 1,002,392 | $18.1M | Reduce -8.4% |
| HG Hamilton Insurance Grou Class B | 0.38% | 726,206 | $18.0M | Add +5.5% |
| VC Visteon Corp. | 0.38% | 149,981 | $18.0M | Reduce -7.7% |
| INSW International Seaways Inc. | 0.38% | 386,870 | $17.8M | Add +1.1% |
| VSXY Victoria's Secret & Co. | 0.38% | 650,093 | $17.6M | New |
| BKU Bankunited Inc. | 0.37% | 455,645 | $17.4M | Add +5.9% |
| RNST Renasant Corp. | 0.37% | 471,038 | $17.4M | Add +3.4% |
| SBH Sally Beauty Holdings Inc. | 0.36% | 1,042,264 | $17.0M | Reduce -8.5% |
| CENTA Central Garden and Pet Co. Class A | 0.36% | 573,644 | $16.9M | Reduce -4.2% |
| HMN Horace Mann Educators | 0.36% | 374,149 | $16.9M | Add +7.1% |
| DNOW Dnow Inc. | 0.36% | 1,107,418 | $16.9M | Add +15.6% |
| WSBC Wesbanco Inc. | 0.36% | 527,148 | $16.8M | Add +14.9% |
| BANR Banner Corporation | 0.36% | 255,882 | $16.8M | Add +4.9% |
| CRGY Crescent Energy Inc. Class A | 0.35% | 1,842,426 | $16.4M | Add +7.5% |
| LCII Lci Industries | 0.35% | 176,267 | $16.4M | Add +2.8% |
| GBX Greenbrier Companies Inc. | 0.35% | 350,568 | $16.2M | Reduce -6.8% |
| ATKR Atkore Inc. | 0.34% | 252,982 | $15.9M | New |
| TRN Trinity Industries Inc. | 0.33% | 558,941 | $15.7M | New |
| DOLE Dole PLC | 0.33% | 1,146,254 | $15.4M | Reduce -1.6% |
| GT Goodyear Tire & Rubber Co. | 0.33% | 2,042,732 | $15.3M | New |
| ADNT Adient PLC | 0.32% | 626,736 | $15.1M | Add +20.8% |
| FRME First Merchants Corp. | 0.32% | 398,498 | $15.0M | Add +0.3% |
| TNK Teekay Tankers Ltd. Class A | 0.32% | 297,104 | $15.0M | Reduce -4.3% |
| KMT Kennametal Inc. | 0.32% | 707,824 | $14.8M | Add +7.8% |
| DHT DHT Holdings Inc. | 0.31% | 1,235,039 | $14.8M | Add +6.0% |
| WAFD Wafd Inc. | 0.31% | 482,815 | $14.6M | Add +5.9% |
| NTCT Netscout Systems Inc. | 0.31% | 563,470 | $14.6M | Add +177.6% |
| GOOG Alphabet Inc. Class C | 0.31% | 59,371 | $14.5M | Add +3.1% |
| LBRT Liberty Energy Inc. | 0.31% | 1,169,181 | $14.4M | Add +4.9% |
| NWL Newell Brands Inc. | 0.31% | 2,735,560 | $14.3M | Add +13.9% |
| GIII G-III Apparel Group Ltd. | 0.31% | 537,490 | $14.3M | Reduce -10.6% |
| CMRE Costamare Inc. | 0.30% | 1,200,169 | $14.3M | Add +2.1% |
| OI O-I Glass Inc. | 0.30% | 1,101,535 | $14.3M | New |
| VVX V2X Inc. | 0.30% | 244,510 | $14.2M | Add +5.9% |
| NTGR Netgear Inc. | 0.30% | 437,164 | $14.2M | Add +1.9% |
| DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC | 0.30% | 406,392 | $14.1M | Reduce -12.5% |
| BV Brightview Holdings Inc. | 0.30% | 1,048,634 | $14.1M | Add +0.5% |
| PFS Provident Financial Services | 0.30% | 724,976 | $14.0M | Add +26.2% |
| SFNC Simmons First Natl Corp. Class A | 0.30% | 725,923 | $13.9M | Add +6.4% |
| BUSE First Busey Corp. | 0.30% | 600,590 | $13.9M | Add +4.1% |
| PLGO Pelagos Insurance Capital LT filed as FIDELIS INSURANCE HOLDINGS L | 0.29% | 758,676 | $13.8M | Add +3.1% |
| SCSC Scansource Inc. | 0.29% | 311,054 | $13.7M | Add +1.2% |
| CSTM Constellium SE | 0.29% | 914,044 | $13.6M | Add +3.6% |
| BANC Banc of California Inc. | 0.29% | 818,953 | $13.6M | New |
| HTH Hilltop Holdings Inc. | 0.29% | 401,828 | $13.4M | Add +14.2% |
| SRCE 1ST Source Corp. | 0.28% | 216,629 | $13.3M | Add +4.5% |
| QCRH QCR Holdings Inc. | 0.28% | 174,571 | $13.2M | Add +2.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $9K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LGL.WS LGL Group Inc./the -CW25 | *W EXP 11/16/202 | 29,200 | $9K | No change |
Total filed on the 13F, all lines: $4.7B.
Portfolio Sells Q2 2025 → Q3 2025
| TGNA Tegna Inc. | Reduce -96.3% | 0.02% | −0.52 |
| SKYW Skywest Inc. | Reduce -57.0% | 0.22% | −0.37 |
| PARR Par Pacific Holdings Inc. | Sold out | 0.00% | −0.31 |
| SCS Steelcase Inc. Class A | Sold out | 0.00% | −0.28 |
| GOLDEN OCEAN GROUP LTD | Sold out | 0.00% | −0.27 |
| TTMI TTM Technologies | Reduce -61.3% | 0.25% | −0.26 |
| GPOR Gulfport Energy Corp. | Sold out | 0.00% | −0.21 |
| DK Delek US Holdings Inc. | Reduce -70.3% | 0.13% | −0.18 |
| V Visa Inc. Class A | Reduce -9.1% | 0.65% | −0.18 |
| SPTN Spartannash Co. | Sold out | 0.00% | −0.17 |
| VRNT Verint Systems Inc. | Reduce -66.6% | 0.06% | −0.14 |
| TK Teekay Corp. Ltd. | Reduce -38.1% | 0.18% | −0.14 |
| SPNT Siriuspoint Ltd. | Reduce -8.4% | 0.39% | −0.14 |
| WKC World Kinect Corp. | Reduce -21.9% | 0.25% | −0.14 |
| ACDC Profrac Holding Corp. Class A | Reduce -2.8% | 0.09% | −0.13 |
| SEM Select Medical Holdings Corp. | Reduce -18.5% | 0.20% | −0.12 |
| MTUS Metallus Inc. | Reduce -74.1% | 0.04% | −0.12 |
| CASH Pathward Financial Inc. | Sold out | 0.00% | −0.12 |
| BROOKLINE BANCORP INC | Sold out | 0.00% | −0.11 |
| GES Guess? Inc. | Sold out | 0.00% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -0.8% | 0.84% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -6.0% | 0.49% | −0.10 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.10 |
| OSUR Orasure Technologies Inc. | Reduce -68.6% | 0.04% | −0.09 |
| ORRF Orrstown Finl Services Inc. | Reduce -92.7% | 0.01% | −0.09 |
| BXC Bluelinx Holdings Inc. | Reduce -32.2% | 0.13% | −0.09 |
| CENTA Central Garden and Pet Co. Class A | Reduce -4.2% | 0.36% | −0.08 |
| EBTC Enterprise Bancorp Inc. | Sold out | 0.00% | −0.08 |
| GMS GMS Inc. | Sold out | 0.00% | −0.08 |
| SFL SFL Corp. Ltd. | Reduce -14.4% | 0.18% | −0.08 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.08 |
| CCB Coastal Financial Corp. | Reduce -54.8% | 0.06% | −0.08 |
| WERN Werner Enterprises Inc. | Reduce -15.2% | 0.20% | −0.07 |
| TROX Tronox Holdings PLC | Reduce -28.3% | 0.08% | −0.07 |
| ODP The Odp Corp. | Reduce -59.9% | 0.09% | −0.07 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.07 |
| ACH Accendra Health Inc. | Reduce -0.1% | 0.06% | −0.07 |
| EPC Edgewell Personal Care Co. | Reduce -17.9% | 0.12% | −0.07 |
| ASIX Advansix Inc. | Reduce -24.3% | 0.08% | −0.07 |
| GBX Greenbrier Companies Inc. | Reduce -6.8% | 0.35% | −0.07 |
| WLFC Willis Lease Finance Corp. | Reduce -20.5% | 0.14% | −0.07 |
| FBK FB Financial Corp. | Reduce -90.3% | 0.01% | −0.06 |
| HAFC Hanmi Financial Corporation | Reduce -26.9% | 0.12% | −0.06 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.06 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.06 |
| AHCO Adapthealth Corp. | Reduce -11.3% | 0.19% | −0.06 |
| WSBF Waterstone Financial Inc. | Reduce -44.0% | 0.08% | −0.06 |
| ENVA Enova International Inc. | Reduce -4.5% | 0.48% | −0.06 |
| VTLE Vital Energy Inc. | Reduce -49.1% | 0.06% | −0.06 |
| BG Bunge Global SA | Sold out | 0.00% | −0.06 |
Portfolio Buys Q2 2025 → Q3 2025
| VSXY Victoria's Secret & Co. | New | 0.38% | +0.38 |
| ATKR Atkore Inc. | New | 0.34% | +0.34 |
| TRN Trinity Industries Inc. | New | 0.33% | +0.33 |
| GT Goodyear Tire & Rubber Co. | New | 0.33% | +0.33 |
| OI O-I Glass Inc. | New | 0.30% | +0.30 |
| BANC Banc of California Inc. | New | 0.29% | +0.29 |
| VSAT Viasat Inc. | Add +21.7% | 0.49% | +0.27 |
| NOG Northern Oil and Gas Inc. | New | 0.24% | +0.24 |
| BTU Peabody Energy Corp. | Add +15.3% | 0.45% | +0.23 |
| ALIT Alight Inc. Class A | New | 0.22% | +0.22 |
| NTCT Netscout Systems Inc. | Add +177.6% | 0.31% | +0.19 |
| SLVM Sylvamo Corp. | Add +334.1% | 0.26% | +0.18 |
| SIG Signet Jewelers Ltd. | Add +28.2% | 0.60% | +0.17 |
| QDEL Quidelortho Corp. | Add +184.9% | 0.27% | +0.17 |
| UPBD Upbound Group Inc. | New | 0.17% | +0.17 |
| GO Grocery Outlet Holding Corp. | Add +177.2% | 0.22% | +0.15 |
| HOUS Anywhere Real Estate Inc. | Add +8.5% | 0.23% | +0.15 |
| AMPH Amphastar Pharmaceuticals Inc. | Add +267.0% | 0.18% | +0.13 |
| NVGS Navigator Holdings Ltd. | New | 0.13% | +0.13 |
| KSS Kohls Corp. | Add +15.7% | 0.28% | +0.13 |
| ARDT Ardent Health Inc. | New | 0.13% | +0.13 |
| GSM Ferroglobe PLC | New | 0.13% | +0.13 |
| TRMK Trustmark Corp. | Add +1927.6% | 0.13% | +0.12 |
| LEG Leggett & Platt Inc. | New | 0.11% | +0.11 |
| AMRC Ameresco Inc. Class A | Add +5.4% | 0.19% | +0.10 |
| ANGI Angi Inc. | Add +177.0% | 0.16% | +0.10 |
| GTX Garrett Motion Inc. | New | 0.10% | +0.10 |
| AAP Advance Auto Parts Inc. | Add +3.6% | 0.51% | +0.10 |
| AAPL Apple Inc. | Add +1.3% | 0.83% | +0.10 |
| GOOGL Alphabet Inc. Class A | Add +2.1% | 0.44% | +0.09 |
| EIG Employers Holdings Inc. | Add +326.5% | 0.13% | +0.09 |
| BBT Beacon Financial Corp. | Add +81.2% | 0.25% | +0.09 |
| NEXN Nexxen International Ltd. | New | 0.09% | +0.09 |
| HOOD Robinhood Markets Inc. Class A | New | 0.08% | +0.08 |
| ADNT Adient PLC | Add +20.8% | 0.32% | +0.08 |
| CALY Callaway Golf Company | Add +34.6% | 0.27% | +0.08 |
| ASTE Astec Industries Inc. | New | 0.07% | +0.07 |
| CRC California Resources Corp. | New | 0.07% | +0.07 |
| HP Helmerich & Payne | Add +4.4% | 0.25% | +0.07 |
| NESR National Energy Services Reu | Add +41.3% | 0.13% | +0.07 |
| MTZ Mastec Inc. | New | 0.07% | +0.07 |
| CSTL Castle Biosciences Inc. | Add +334.8% | 0.09% | +0.07 |
| GS Goldman Sachs Group Inc. | New | 0.07% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +3.1% | 0.31% | +0.07 |
| OKLO Oklo Inc. | New | 0.07% | +0.07 |
| STNG Scorpio Tankers Inc. | Add +4.4% | 0.25% | +0.07 |
| ACLS Axcelis Technologies Inc. | New | 0.06% | +0.06 |
| ALAB Astera Labs Inc. | New | 0.06% | +0.06 |
| BKE The Buckle Inc. | New | 0.06% | +0.06 |
| CMC Commercial Metals Co. | New | 0.06% | +0.06 |
Notes & Other Activity Q2 2025 → Q3 2025
| MPTI.WS M-Tron Industries Inc. -28 | *W EXP 04/25/202 | Sold out | 11,334 | $12Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,232 | $5.7B | NVDA, AMD, AVGO, AAPL, VSAT |
| Q1 2026 | 1,220 | $5.0B | NVDA, AAPL, AVGO, JPM, XOM |
| Q4 2025 | 1,220 | $4.8B | NVDA, MSFT, AVGO, AAPL, JPM |
| Q3 2025 | 1,195 | $4.7B | NVDA, MSFT, AVGO, META, AAPL |
| Q2 2025 | 1,178 | $4.2B | NVDA, MSFT, META, AVGO, V |
| Q1 2025 | 1,171 | $4.0B | META, NVDA, V, AAPL, MSFT |
| Q4 2024 | 1,191 | $4.5B | NVDA, AAPL, META, TDS, MSFT |
| Q3 2024 | 1,252 | $4.6B | NVDA, MSFT, MHO, META, AAPL |
| Q2 2024 | 1,262 | $4.3B | NVDA, MSFT, META, AAPL, JPM |
| Q1 2024 | 1,303 | $4.9B | JPM, MSFT, NVDA, AMZN, AAPL |