SEC Form SC 13G/A filed by Bridge Investment Group Holdings Inc. (Amendment)

$BRDG
Investment Managers
Finance
Get the next $BRDG alert in real time by email
SC 13G/A 1 tv0471-bridgeinvestmentgroup.htm SCHEDULE 13G/A bridgeinvestmentgroupholdingsincclassa

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13G

Under the Securities Exchange Act of 1934
(Amendment No.: 2)*

Name of issuer:  Bridge Investment Group Holdings, Inc. Class A

Title of Class of Securities:  Common Stock

CUSIP Number:  10806B100

Date of Event Which Requires Filing of this Statement: December 29, 2023

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(Continued on the following page(s))

 

 

13G

CUSIP No.:  10806B100

1.  NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

The Vanguard Group - 23-1945930

2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP

A. 

B.  X

3.  SEC USE ONLY

4.  CITIZENSHIP OF PLACE OF ORGANIZATION

Pennsylvania

(For questions 5-8, report the number of shares beneficially owned by each reporting person with:)

5.  SOLE VOTING POWER

0

6.  SHARED VOTING POWER

0

7.  SOLE DISPOSITIVE POWER

2,650,495

8.  SHARED DISPOSITIVE POWER

12,444

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,662,939

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

N/A

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

7.78%

12.  TYPE OF REPORTING PERSON

IA

 

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13G
Under the Securities Act of 1934

Item 1(a) - Name of Issuer:

Bridge Investment Group Holdings, Inc. Class A

Item 1(b) - Address of Issuer's Principal Executive Offices:

111 East Sego Lily Drive, Suite 400
Salt Lake City, UT 84070

Item 2(a) - Name of Person Filing:

The Vanguard Group - 23-1945930

Item 2(b) – Address of Principal Business Office or, if none, residence:

100 Vanguard Blvd.
Malvern, PA 19355

Item 2(c) – Citizenship:

Pennsylvania

Item 2(d) - Title of Class of Securities:

Common Stock

Item 2(e) - CUSIP Number

10806B100

Item 3 - Type of Filing:

This statement is being filed pursuant to Rule 13d-1.  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

Item 4 - Ownership:

  (a) Amount Beneficially Owned:

  (b) Percent of Class:

 

 

(c)  Number of shares as to which such person has:

(i)  sole power to vote or direct to vote:  

(ii)  shared power to vote or direct to vote:  

(iii)  sole power to dispose of or to direct the disposition of:  

(iv)  shared power to dispose or to direct the disposition of:  

Comments:

The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.  

Item 5 - Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person:

The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.

No one other person's interest in the securities reported herein is more than 5%.

Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company:

Not applicable

Item 8 - Identification and Classification of Members of Group:

Not applicable

Item 9 - Notice of Dissolution of Group:

Not applicable

Item 10 - Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:  February 13, 2024

By /s/ Ashley Grim
Name: Ashley Grim
Title:  Head of Global Fund Administration

Get the next $BRDG alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$BRDG

DatePrice TargetRatingAnalyst
2/27/2025$11.50Overweight → Equal Weight
Wells Fargo
1/7/2025$12.00 → $10.00Overweight → Neutral
Analyst
11/8/2024$14.00 → $11.00Overweight → Equal-Weight
Morgan Stanley
10/14/2024$10.00 → $10.50Buy → Hold
TD Cowen
9/12/2024$11.00Overweight
Wells Fargo
1/4/2024$11.00Outperform
TD Cowen
1/5/2023Overweight
Piper Sandler
10/19/2022$15.00Neutral
Credit Suisse
More analyst ratings

$BRDG
Press Releases

Fastest customizable press release news feed in the world

See more
  • Apollo to Acquire Bridge Investment Group

    Scaled Investment Platform Expands Apollo's Origination Capabilities in Residential and Industrial Real Estate Bridge Manages $50 Billion of High-Quality AUM in Complementary Sectors Aligned with Apollo's Long-Term Growth Strategy NEW YORK and SALT LAKE CITY, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) and Bridge Investment Group Holdings Inc. (NYSE:BRDG) ("Bridge" or the "Company") today announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all-stock transaction with an equity value of approximately $1.5 billion. Founded in 2009, Bridge is an established leader in residential and industrial real estate as well as other specialized real

    $APO
    $BRDG
    Investment Managers
    Finance
  • Bridge Investment Group Holdings Inc. Reports Fourth Quarter and Full Year 2024 Results

    Bridge Investment Group Holdings Inc. (NYSE:BRDG) ("Bridge" or the "Company") today reported its financial results for the quarter and year ended December 31, 2024. Net Income (Loss) was $15.4 million and $16.7 million for the quarter and year ended December 31, 2024, respectively. On a basic and diluted basis, net income (loss) attributable to Bridge per share of Class A common stock was a loss of $(0.15) and income of $0.13 for the quarter and year ended December 31, 2024, respectively. Fee Related Earnings to the Operating Company were $34.4 million and $136.6 million for the quarter and year ended December 31, 2024, respectively. Distributable Earnings of Bridge Investment Group H

    $BRDG
    Investment Managers
    Finance
  • Bridge Investment Group Announces Date of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

    Bridge Investment Group Holdings Inc. (NYSE:BRDG) ("Bridge") today announced that it will release its fourth quarter and full year 2024 financial results after the close of the market on Monday, February 24, 2025. Management will host a conference call the morning after the release on Tuesday, February 25, 2025 at 9:30 am ET to discuss the results. Interested parties may access the conference call live over the phone by dialing 1-877-405-1210 (domestic) or 1-201-689-8721 (international) and requesting Bridge Investment Group Holdings Inc.'s Fourth Quarter and Full Year 2024 Earnings Conference Call. Participants are asked to dial in a few minutes prior to the call to register for the even

    $BRDG
    Investment Managers
    Finance

$BRDG
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$BRDG
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$BRDG
SEC Filings

See more

$BRDG
Leadership Updates

Live Leadership Updates

See more
  • Bridge Investment Group Announces Hiring of Alison Brown as President of Bridge Property Management and Deputy Chief Investment Officer for Bridge Workforce and Affordable Housing Strategy

    Bridge Investment Group Holdings Inc. (NYSE:BRDG) ("Bridge" or the "Company") today announced Alison Brown will be joining the Company as President of Bridge Property Management and Deputy Chief Investment Officer for Bridge's Workforce and Affordable Housing Strategy, effective July 1, 2024. Brown brings over 25 years of real estate experience and a proven track record of building and supporting successful teams. She joins Bridge from LivCor, a Blackstone portfolio company, where she served as Senior Vice President of Operations and led the "Good Owner" program, setting national expectations for LivCor operating partners to embrace residents and local communities with integrity and servi

    $BRDG
    Investment Managers
    Finance
  • Gaming and Leisure Properties Appoints Debra Martin Chase to Board of Directors

    WYOMISSING, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) (the "Company"), announced today that Debra Martin Chase has been appointed to the Board of Directors as a new independent director, effective immediately, to fill the vacancy created by the previously disclosed passing of JoAnne A. Epps. The appointment of Ms. Chase to the Board of Directors brings the total number of directors to eight, seven of whom are considered independent according to the listing standards of the Nasdaq Stock Exchange. Ms. Chase has also been appointed as a member of the Nominating and Corporate Governance Committee of the Board of Directors, effective immediately.

    $BGS
    $BRDG
    $GLPI
    Packaged Foods
    Consumer Staples
    Investment Managers
    Finance

$BRDG
Financials

Live finance-specific insights

See more
  • Apollo to Acquire Bridge Investment Group

    Scaled Investment Platform Expands Apollo's Origination Capabilities in Residential and Industrial Real Estate Bridge Manages $50 Billion of High-Quality AUM in Complementary Sectors Aligned with Apollo's Long-Term Growth Strategy NEW YORK and SALT LAKE CITY, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) and Bridge Investment Group Holdings Inc. (NYSE:BRDG) ("Bridge" or the "Company") today announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all-stock transaction with an equity value of approximately $1.5 billion. Founded in 2009, Bridge is an established leader in residential and industrial real estate as well as other specialized real

    $APO
    $BRDG
    Investment Managers
    Finance
  • Bridge Investment Group Holdings Inc. Reports Fourth Quarter and Full Year 2024 Results

    Bridge Investment Group Holdings Inc. (NYSE:BRDG) ("Bridge" or the "Company") today reported its financial results for the quarter and year ended December 31, 2024. Net Income (Loss) was $15.4 million and $16.7 million for the quarter and year ended December 31, 2024, respectively. On a basic and diluted basis, net income (loss) attributable to Bridge per share of Class A common stock was a loss of $(0.15) and income of $0.13 for the quarter and year ended December 31, 2024, respectively. Fee Related Earnings to the Operating Company were $34.4 million and $136.6 million for the quarter and year ended December 31, 2024, respectively. Distributable Earnings of Bridge Investment Group H

    $BRDG
    Investment Managers
    Finance
  • Bridge Investment Group Announces Date of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

    Bridge Investment Group Holdings Inc. (NYSE:BRDG) ("Bridge") today announced that it will release its fourth quarter and full year 2024 financial results after the close of the market on Monday, February 24, 2025. Management will host a conference call the morning after the release on Tuesday, February 25, 2025 at 9:30 am ET to discuss the results. Interested parties may access the conference call live over the phone by dialing 1-877-405-1210 (domestic) or 1-201-689-8721 (international) and requesting Bridge Investment Group Holdings Inc.'s Fourth Quarter and Full Year 2024 Earnings Conference Call. Participants are asked to dial in a few minutes prior to the call to register for the even

    $BRDG
    Investment Managers
    Finance

$BRDG
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more