please see bridge investment group partners for more information. bridge investment group partners, llc ("bridge-igp") is a fund manager for a family of private real estate related funds. bridge-igp has approximately $2.4 billion of assets under management. bridge-igp’s affiliated companies also manage an additional $600 million in real estate assets. bridge-igp and its affiliates manage more than 32,000 apartment units in 17 states and approximately 2.2 million square feet of commercial office property, employing over 1,000 people, and are headquartered in salt lake city, utah.
Company profile
Ticker
BRDG
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Bridge Investment Group Holdings LLC • Bridge Fund Management Holdings LLC • Bridge Debt Capital Markets LLC • Bridge Investment Group Guarantor LLC • Bridge Investment Group • Bridge Debt Strategies Fund Manager LLC • Bridge Debt Strategies Fund II GP LLC • Bridge Debt Strategies Fund III GP LLC • Bridge Debt Strategies Fund IV GP LLC • Bridge Debt Strategies Fund V GP LLC ...
SEC advisor number
801-72790
FINRA CRD number
159127
AUM ?
$47.00 bn
(as of 28 Mar 24)
Accounts
132
(as of 28 Mar 24)
Employees
2,300
(310 investment advisory or research)
Address
Bridge Investment Group Holdings Inc - Ordinary Shares
111 EAST SEGO LILY DRIVE
SUITE 400
SALT LAKE CITY
UT 84070
111 EAST SEGO LILY DRIVE
SUITE 400
SALT LAKE CITY
UT 84070
Phone
(801) 506-1463
BRDG stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
21 Mar 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
S-8
Registration of securities for employees
7 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Results of Operations and Financial Condition
21 Feb 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Results of Operations and Financial Condition
7 Nov 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Results of Operations and Financial Condition
7 Aug 23
Transcripts
BRDG
Earnings call transcript
2023 Q4
22 Feb 24
BRDG
Earnings call transcript
2023 Q3
8 Nov 23
BRDG
Earnings call transcript
2023 Q2
8 Aug 23
BRDG
Earnings call transcript
2023 Q1
9 May 23
BRDG
Earnings call transcript
2022 Q4
14 Feb 23
BRDG
Earnings call transcript
2022 Q3
13 Nov 22
BRDG
Earnings call transcript
2022 Q2
14 Aug 22
BRDG
Earnings call transcript
2022 Q1
10 May 22
BRDG
Earnings call transcript
2021 Q4
3 Mar 22
BRDG
Earnings call transcript
2021 Q3
12 Nov 21
Latest ownership filings
SC 13G/A
PRUDENTIAL FINANCIAL INC
15 Feb 24
SC 13G/A
Burgundy Asset Management Ltd.
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BANK OF NOVA SCOTIA
13 Feb 24
SC 13G
1832 Asset Management L.P.
9 Feb 24
SC 13G/A
JENNISON ASSOCIATES LLC
8 Feb 24
SC 13G/A
FRANKLIN RESOURCES INC
6 Feb 24
SC 13D/A
Bridge Investment / Bridge Investment ownership change
5 Jan 24
SC 13G/A
MILLENNIUM MANAGEMENT LLC
5 Jan 24
4
Jonathan Slager
3 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 57.75 mm | 57.75 mm | 57.75 mm | 57.75 mm | 57.75 mm | 57.75 mm |
Cash burn (monthly) | 7.40 mm | 11.89 mm | 5.60 mm | 4.96 mm | (no burn) | (no burn) |
Cash used (since last report) | 50.27 mm | 80.83 mm | 38.03 mm | 33.70 mm | n/a | n/a |
Cash remaining | 7.48 mm | -23.07 mm | 19.72 mm | 24.05 mm | n/a | n/a |
Runway (months of cash) | 1.0 | -1.9 | 3.5 | 4.9 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 59 |
Opened positions | 14 |
Closed positions | 8 |
Increased positions | 17 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 171.91 bn |
Total shares | 52.58 mm |
Total puts | 18.00 k |
Total calls | 46.00 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Morse Robert Randolph | 32.31 mm | $806.89 mm |
Jennison Associates | 3.08 mm | $28.37 bn |
Vanguard | 2.62 mm | $24.10 bn |
Burgundy Asset Management | 2.35 mm | $21.65 bn |
MS Morgan Stanley | 1.92 mm | $17.63 bn |
BEN Franklin Resources | 1.56 mm | $14.32 bn |
Conversant Capital | 1.41 mm | $12.99 bn |
1832 Asset Management | 1.33 mm | $12.21 bn |
Millennium Management | 970.18 k | $8.93 bn |
Integrated Core Strategies | 783.44 k | $12.38 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jan 24 | Adam O'Farrell | Class A Common Stock | Grant | Acquire A | No | No | 0 | 110,000 | 0.00 | 459,262 |
1 Jan 24 | Dean Allara | Class A Common Stock | Grant | Acquire A | No | No | 0 | 150,000 | 0.00 | 561,006 |
1 Jan 24 | Garrett Behling | Class A Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 38,764 |
1 Jan 24 | Morse Robert Randolph | Class A Common Stock | Grant | Acquire A | No | No | 0 | 740,000 | 0.00 | 2,630,856 |
1 Jan 24 | Katherine Elsnab | Class A Common Stock | Grant | Acquire A | No | No | 0 | 95,000 | 0.00 | 213,165 |
News
Critical Insights From Bridge Investment Group Analyst Ratings: What You Need To Know
15 Mar 24
UBS Maintains Neutral on Bridge Investment Group, Lowers Price Target to $6.5
15 Mar 24
Bridge Investment Group Announces Key Developments In Its $75M "Bridge To Opportunity" Program, Adds New Partnership With Entryway
12 Mar 24
Navigating 4 Analyst Ratings For Bridge Investment Group
26 Feb 24
Morgan Stanley Maintains Overweight on Bridge Investment Group, Lowers Price Target to $12
26 Feb 24
Press releases
Bridge Investment Group Announces Date of First Quarter 2024 Earnings Release and Conference Call
9 Apr 24
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Bridge Investment Group Holdings Inc. - BRDG
23 Mar 24
Bridge Investment Group Holdings Inc. (BRDG) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
21 Mar 24
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Bridge Investment Group Holdings Inc. - BRDG
19 Mar 24
Bridge Investment Group Holdings Inc. (BRDG) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
14 Mar 24