Bridgeway Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Bridgeway Capital Management, LLC reported 1,220 stock positions worth $4.8 billion. Its top holding was Nvidia (NVDA) at 1.1% of the portfolio, followed by Microsoft (MSFT, 1.0%) and Broadcom (AVGO, 0.9%). Compared with Q3 2025, it opened 102 new positions, sold out of 77, added to 425 and reduced 422. The biggest buy was a new position in Patterson-Uti Energy (PTEN) and the biggest sale an exit from Premier Class A.
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001107261
- Portfolio Value
- $4.8B (Q4 2025)
- SEC Filing
- 0001107261-26-000002 ↗ filed Feb 17, 2026
Holdings Value
Holdings 1,220 stocks · $4.8B
| NVDA Nvidia Corp. | 1.09% | 279,366 | $52.1M | Add +1.4% |
| MSFT Microsoft Corp. | 0.95% | 93,789 | $45.4M | Add +6.0% |
| AVGO Broadcom Inc. | 0.92% | 126,339 | $43.7M | Add +4.8% |
| AAPL Apple Inc. | 0.90% | 157,108 | $42.7M | Add +2.5% |
| JPM JPMorgan Chase & Co. | 0.81% | 120,562 | $38.8M | Add +2.4% |
| LLY Eli Lilly & Co. | 0.69% | 30,751 | $33.0M | Add +1.3% |
| WFC Wells Fargo & Co. | 0.69% | 351,649 | $32.8M | Add +2.2% |
| V Visa Inc. Class A | 0.68% | 92,610 | $32.5M | Add +3.3% |
| VSXY Victoria's Secret & Co. | 0.66% | 581,951 | $31.5M | Reduce -10.5% |
| AMD Advanced Micro Devices | 0.65% | 145,015 | $31.1M | Add +2.6% |
| PLTR Palantir Technologies Inc. Class A | 0.62% | 167,026 | $29.7M | Add +7.0% |
| AMZN Amazon.com Inc. | 0.62% | 127,462 | $29.4M | Add +1.2% |
| ENVA Enova International Inc. | 0.61% | 184,823 | $29.1M | Reduce -5.0% |
| MRK Merck & Co. Inc. | 0.58% | 265,061 | $27.9M | Reduce -14.2% |
| META Meta Platforms Inc. Class A | 0.57% | 41,270 | $27.2M | Reduce -22.8% |
| GOOGL Alphabet Inc. Class A | 0.57% | 86,499 | $27.1M | Add +0.8% |
| SPHR Sphere Entertainment Co. | 0.56% | 283,038 | $26.9M | Reduce -16.1% |
| VSAT Viasat Inc. | 0.56% | 776,710 | $26.8M | Reduce -1.4% |
| COST Costco Wholesale Corp. | 0.55% | 30,664 | $26.4M | Add +13.1% |
| BFH Bread Financial Holdings Inc. | 0.53% | 341,090 | $25.3M | Reduce -1.8% |
| BTU Peabody Energy Corp. | 0.53% | 847,020 | $25.2M | Add +5.6% |
| DAN Dana Inc. | 0.51% | 1,030,230 | $24.5M | Reduce -10.6% |
| XOM Exxon Mobil Corp. | 0.51% | 203,234 | $24.5M | Add +0.3% |
| CVX Chevron Corp. | 0.51% | 160,441 | $24.5M | Add +8.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.51% | 214,783 | $24.4M | Add +7.4% |
| WMT Walmart Inc. | 0.51% | 219,234 | $24.4M | Reduce -1.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 444,067 | $24.4M | Add +0.4% |
| MCD McDonald's Corp. | 0.51% | 79,910 | $24.4M | Add +6.2% |
| RTX RTX Corp. | 0.51% | 133,155 | $24.4M | Reduce -2.5% |
| JNJ Johnson & Johnson | 0.51% | 117,999 | $24.4M | Reduce -4.5% |
| KO The Coca-Cola Co. | 0.51% | 349,238 | $24.4M | Add +1.4% |
| UNH Unitedhealth Group Inc. | 0.51% | 73,934 | $24.4M | Add +12.0% |
| PG The Procter & Gamble Co. | 0.51% | 170,288 | $24.4M | Add +14.6% |
| NFLX Netflix Inc. | 0.51% | 260,188 | $24.4M | Add +21.5% |
| HD Home Depot Inc. | 0.51% | 70,894 | $24.4M | Add +25.8% |
| VZ Verizon Communications Inc. | 0.51% | 598,894 | $24.4M | Add +2.4% |
| CSCO Cisco Systems Inc. | 0.51% | 316,642 | $24.4M | Reduce -5.0% |
| ABBV Abbvie Inc. | 0.51% | 106,734 | $24.4M | Add +7.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.51% | 48,515 | $24.4M | Add +6.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.51% | 82,304 | $24.4M | Add +1.9% |
| MA Mastercard Inc. Class A | 0.51% | 42,695 | $24.4M | Add +6.3% |
| ORCL Oracle Corp. | 0.51% | 124,979 | $24.4M | Reduce -5.9% |
| TSLA Tesla Inc. | 0.51% | 54,133 | $24.3M | Add +4.9% |
| TPC Tutor Perini Corp. | 0.49% | 352,076 | $23.6M | Reduce -10.6% |
| SIG Signet Jewelers Ltd. | 0.49% | 281,305 | $23.3M | Reduce -4.9% |
| LBRT Liberty Energy Inc. | 0.48% | 1,238,961 | $22.9M | Add +6.0% |
| PHIN Phinia Inc. | 0.46% | 350,139 | $22.0M | Reduce -1.7% |
| LCII Lci Industries | 0.46% | 180,579 | $21.9M | Add +2.5% |
| BKU Bankunited Inc. | 0.45% | 477,881 | $21.3M | Add +4.9% |
| SPNT Siriuspoint Ltd. | 0.43% | 927,413 | $20.3M | Reduce -7.5% |
| INSW International Seaways Inc. | 0.42% | 414,688 | $20.1M | Add +7.2% |
| HG Hamilton Insurance Grou Class B | 0.41% | 696,726 | $19.4M | Reduce -4.1% |
| DNOW Dnow Inc. | 0.40% | 1,437,321 | $19.0M | Add +29.8% |
| FFBC First Financial Bancorp | 0.40% | 759,950 | $19.0M | Add +2.7% |
| GOOG Alphabet Inc. Class C | 0.40% | 60,247 | $18.9M | Add +1.5% |
| KMT Kennametal Inc. | 0.39% | 655,896 | $18.6M | Reduce -7.3% |
| CMRE Costamare Inc. | 0.39% | 1,170,706 | $18.5M | Reduce -2.5% |
| WSBC Wesbanco Inc. | 0.39% | 553,881 | $18.4M | Add +5.1% |
| GT Goodyear Tire & Rubber Co. | 0.38% | 2,081,725 | $18.2M | Add +1.9% |
| OI O-I Glass Inc. | 0.38% | 1,230,523 | $18.2M | Add +11.7% |
| KSS Kohls Corp. | 0.37% | 868,499 | $17.7M | Add +3.4% |
| CSTM Constellium SE | 0.37% | 939,231 | $17.7M | Add +2.8% |
| HP Helmerich & Payne | 0.37% | 617,310 | $17.7M | Add +14.3% |
| PFS Provident Financial Services | 0.37% | 896,079 | $17.7M | Add +23.6% |
| BANC Banc of California Inc. | 0.37% | 915,325 | $17.7M | Add +11.8% |
| RNST Renasant Corp. | 0.37% | 496,867 | $17.5M | Add +5.5% |
| BANR Banner Corporation | 0.37% | 278,771 | $17.5M | Add +8.9% |
| UNFI United Natural Foods Inc. | 0.37% | 518,555 | $17.5M | Reduce -13.8% |
| NTCT Netscout Systems Inc. | 0.36% | 642,239 | $17.4M | Add +14.0% |
| HMN Horace Mann Educators | 0.36% | 374,476 | $17.3M | Add +0.1% |
| EFSC Enterprise Financial Service | 0.36% | 316,875 | $17.1M | Reduce -2.9% |
| WAFD Wafd Inc. | 0.35% | 525,351 | $16.8M | Add +8.8% |
| PTEN Patterson-Uti Energy Inc. | 0.34% | 2,679,554 | $16.4M | New |
| CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP | 0.34% | 1,371,030 | $16.0M | Add +3.2% |
| MD Pediatrix Medical Group Inc. | 0.33% | 740,280 | $15.8M | Add +14.4% |
| PLGO Pelagos Insurance Capital LT filed as FIDELIS INSURANCE HOLDINGS L | 0.32% | 775,245 | $15.2M | Add +2.2% |
| TRMK Trustmark Corp. | 0.32% | 389,333 | $15.2M | Add +156.0% |
| BUSE First Busey Corp. | 0.32% | 632,898 | $15.1M | Add +5.4% |
| ANDE The Andersons Inc. | 0.31% | 282,513 | $15.0M | Reduce -1.8% |
| VC Visteon Corp. | 0.31% | 157,087 | $14.9M | Add +4.7% |
| ATKR Atkore Inc. | 0.31% | 231,611 | $14.6M | Reduce -8.4% |
| FRME First Merchants Corp. | 0.31% | 390,605 | $14.6M | Reduce -2.0% |
| SFNC Simmons First Natl Corp. Class A | 0.30% | 771,712 | $14.5M | Add +6.3% |
| TNK Teekay Tankers Ltd. Class A | 0.30% | 271,170 | $14.5M | Reduce -8.7% |
| DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC | 0.30% | 406,392 | $14.5M | No change |
| DHT DHT Holdings Inc. | 0.30% | 1,184,149 | $14.5M | Reduce -4.1% |
| KALU Kaiser Aluminum Corp. | 0.30% | 125,386 | $14.4M | Add +4.5% |
| SBH Sally Beauty Holdings Inc. | 0.30% | 1,007,975 | $14.4M | Reduce -3.3% |
| SDRL Seadrill Limited | 0.30% | 413,721 | $14.3M | Add +8.9% |
| CNXC Concentrix Corp. | 0.30% | 344,240 | $14.3M | New |
| CENTA Central Garden and Pet Co. Class A | 0.30% | 484,347 | $14.1M | Reduce -15.6% |
| VVX V2X Inc. | 0.30% | 258,594 | $14.1M | Add +5.8% |
| TALO Talos Energy Inc. | 0.30% | 1,277,658 | $14.1M | Add +14.5% |
| HTH Hilltop Holdings Inc. | 0.29% | 413,928 | $14.0M | Add +3.0% |
| TRN Trinity Industries Inc. | 0.29% | 525,122 | $13.9M | Reduce -6.0% |
| SRCE 1ST Source Corp. | 0.29% | 221,321 | $13.8M | Add +2.2% |
| QCRH QCR Holdings Inc. | 0.29% | 166,023 | $13.8M | Reduce -4.9% |
| NTB Bank of N.T. Butterfield&son | 0.28% | 272,435 | $13.6M | Add +4.3% |
| BBT Beacon Financial Corp. | 0.28% | 507,886 | $13.4M | Add +3.9% |
| GCT Gigacloud Technology Inc. Class A | 0.28% | 335,881 | $13.2M | Reduce 0.0% |
Portfolio Sells Q3 2025 → Q4 2025
| PREMIER INC-CLASS A | Sold out | 0.00% | −0.41 |
| HCC Warrior Met Coal Inc. | Reduce -95.6% | 0.03% | −0.41 |
| TDS Telephone and Data Systems | Reduce -73.2% | 0.14% | −0.36 |
| ORCL Oracle Corp. | Reduce -5.9% | 0.51% | −0.29 |
| AAP Advance Auto Parts Inc. | Reduce -27.2% | 0.23% | −0.28 |
| META Meta Platforms Inc. Class A | Reduce -22.8% | 0.57% | −0.27 |
| INDB Independent Bank Corp. | Reduce -82.5% | 0.05% | −0.23 |
| TTMI TTM Technologies | Reduce -89.6% | 0.03% | −0.22 |
| MRC MRC Global Inc. | Sold out | 0.00% | −0.22 |
| PENN Penn Entertainment Inc. | Reduce -23.5% | 0.26% | −0.19 |
| HSII Heidrick & Struggles Intl | Sold out | 0.00% | −0.18 |
| NVRI Enviri Corp. | Sold out | 0.00% | −0.18 |
| HNRG Hallador Energy Co. | Reduce -82.9% | 0.03% | −0.17 |
| VBTX Veritex Holdings Inc. | Sold out | 0.00% | −0.17 |
| GBX Greenbrier Companies Inc. | Reduce -43.3% | 0.19% | −0.15 |
| SXC Suncoke Energy Inc. | Reduce -48.2% | 0.12% | −0.14 |
| LPG Dorian LPG Ltd. | Reduce -42.7% | 0.12% | −0.14 |
| NTGR Netgear Inc. | Reduce -24.6% | 0.17% | −0.13 |
| DK Delek US Holdings Inc. | Sold out | 0.00% | −0.13 |
| THS Treehouse Foods Inc. | Sold out | 0.00% | −0.13 |
| SKYW Skywest Inc. | Reduce -54.7% | 0.10% | −0.12 |
| SWIM Latham Group Inc. | Reduce -76.7% | 0.03% | −0.12 |
| UNFI United Natural Foods Inc. | Reduce -13.8% | 0.37% | −0.12 |
| SIG Signet Jewelers Ltd. | Reduce -4.9% | 0.49% | −0.12 |
| NWL Newell Brands Inc. | Reduce -6.1% | 0.20% | −0.11 |
| MBC Masterbrand Inc. | Reduce -21.6% | 0.17% | −0.10 |
| ODP The Odp Corp. | Sold out | 0.00% | −0.09 |
| ADNT Adient PLC | Reduce -6.1% | 0.24% | −0.09 |
| BV Brightview Holdings Inc. | Reduce -22.5% | 0.22% | −0.08 |
| BMBL Bumble Inc. Class A | Reduce -31.4% | 0.05% | −0.08 |
| PBH Prestige Consumer Healthcare | Sold out | 0.00% | −0.08 |
| CRGY Crescent Energy Inc. Class A | Reduce -15.0% | 0.28% | −0.08 |
| GHLD Guild Holdings Co. Class A | Sold out | 0.00% | −0.07 |
| GDOT Green Dot Corp. Class A | Reduce -63.6% | 0.03% | −0.07 |
| WOOF Petco Health and Wellness Co. | Reduce -7.8% | 0.13% | −0.07 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.07 |
| CENTA Central Garden and Pet Co. Class A | Reduce -15.6% | 0.30% | −0.07 |
| VRNT Verint Systems Inc. | Sold out | 0.00% | −0.06 |
| AMWD American Woodmark Corp. | Reduce -23.4% | 0.10% | −0.06 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.06 |
| NTRS Northern Trust Corp. | Sold out | 0.00% | −0.06 |
| SBH Sally Beauty Holdings Inc. | Reduce -3.3% | 0.30% | −0.06 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.06 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.06 |
| DOLE Dole PLC | Reduce -25.0% | 0.27% | −0.06 |
| GTY Getty Realty Corp. | Reduce -68.7% | 0.03% | −0.06 |
| ACH Accendra Health Inc. | Reduce -89.5% | 0.00% | −0.06 |
| VTLE Vital Energy Inc. | Sold out | 0.00% | −0.06 |
| TPC Tutor Perini Corp. | Reduce -10.6% | 0.49% | −0.06 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.06 |
Portfolio Buys Q3 2025 → Q4 2025
| PTEN Patterson-Uti Energy Inc. | New | 0.34% | +0.34 |
| CNXC Concentrix Corp. | New | 0.30% | +0.30 |
| XPRO Expro Group Holdings NV | New | 0.26% | +0.26 |
| BUR Burford Capital Ltd. | New | 0.24% | +0.24 |
| PARR Par Pacific Holdings Inc. | New | 0.20% | +0.20 |
| LLY Eli Lilly & Co. | Add +1.3% | 0.69% | +0.20 |
| PRGO Perrigo Co. PLC | New | 0.19% | +0.19 |
| TRMK Trustmark Corp. | Add +156.0% | 0.32% | +0.19 |
| LBRT Liberty Energy Inc. | Add +6.0% | 0.48% | +0.17 |
| AMD Advanced Micro Devices | Add +2.6% | 0.65% | +0.16 |
| SAH Sonic Automotive Inc. Class A | New | 0.15% | +0.15 |
| TTI Tetra Technologies Inc. | Add +62.0% | 0.23% | +0.14 |
| BJRI Bj's Restaurants Inc. | New | 0.12% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 0.57% | +0.12 |
| HP Helmerich & Payne | Add +14.3% | 0.37% | +0.12 |
| CSTL Castle Biosciences Inc. | Add +39.4% | 0.20% | +0.12 |
| GLUE Monte Rosa Therapeutics Inc. | Add +45.9% | 0.17% | +0.12 |
| NESR National Energy Services Reu | Add +24.8% | 0.24% | +0.11 |
| LCII Lci Industries | Add +2.5% | 0.46% | +0.11 |
| KALU Kaiser Aluminum Corp. | Add +4.5% | 0.30% | +0.10 |
| BORR Borr Drilling Ltd. | New | 0.10% | +0.10 |
| MD Pediatrix Medical Group Inc. | Add +14.4% | 0.33% | +0.10 |
| KSS Kohls Corp. | Add +3.4% | 0.37% | +0.10 |
| NBR Nabors Industries Ltd. | New | 0.09% | +0.09 |
| GOOG Alphabet Inc. Class C | Add +1.5% | 0.40% | +0.09 |
| TCMD Tactile Systems Technology I | Add +55.5% | 0.13% | +0.09 |
| CUBI Customers Bancorp Inc. | Add +36.5% | 0.25% | +0.08 |
| CBRL Cracker Barrel Old Country | New | 0.08% | +0.08 |
| BANC Banc of California Inc. | Add +11.8% | 0.37% | +0.08 |
| CSTM Constellium SE | Add +2.8% | 0.37% | +0.08 |
| PUMP Propetro Holding Corp. | Add +9.3% | 0.17% | +0.08 |
| LITE Lumentum Holdings Inc. | Add +57.7% | 0.11% | +0.08 |
| OI O-I Glass Inc. | Add +11.7% | 0.38% | +0.08 |
| BKU Bankunited Inc. | Add +4.9% | 0.45% | +0.08 |
| BHRB Burke & Herbert Financial SE | Add +235.4% | 0.11% | +0.07 |
| BTU Peabody Energy Corp. | Add +5.6% | 0.53% | +0.07 |
| DAL Delta Air Lines Inc. | New | 0.07% | +0.07 |
| PFS Provident Financial Services | Add +23.6% | 0.37% | +0.07 |
| WFC Wells Fargo & Co. | Add +2.2% | 0.69% | +0.07 |
| AVGO Broadcom Inc. | Add +4.8% | 0.92% | +0.07 |
| LRCX Lam Research Corp. | New | 0.07% | +0.07 |
| TALO Talos Energy Inc. | Add +14.5% | 0.30% | +0.07 |
| CALY Callaway Golf Company | Add +3.2% | 0.34% | +0.07 |
| MEDP Medpace Holdings Inc. | New | 0.06% | +0.06 |
| AAPL Apple Inc. | Add +2.5% | 0.90% | +0.06 |
| DVN Devon Energy Corp. | New | 0.06% | +0.06 |
| CTRE Caretrust REIT Inc. | New | 0.06% | +0.06 |
| FIX Comfort Systems USA Inc. | New | 0.06% | +0.06 |
| JXN Jackson Financial Inc. Class A | New | 0.06% | +0.06 |
| GT Goodyear Tire & Rubber Co. | Add +1.9% | 0.38% | +0.06 |
Notes & Other Activity Q3 2025 → Q4 2025
| LGL.WS LGL Group Inc./the -CW25 | *W EXP 11/16/202 | Sold out | 29,200 | $9Kbefore 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 |