SCHEDULE 13G/A: FMR LLC and Abigail Johnson Disclose 6.7% Stake in Bridge Investment Group Holdings Inc.

FMR LLC and Abigail P. Johnson have reported a 6.7% beneficial ownership stake in Bridge Investment Group Holdings Inc.'s Class A Common Stock as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 2,998,885 shares of Bridge Investment Group Holdings Inc.'s Class A Common Stock.
• This aggregate amount represents 6.7% of the total outstanding Class A Common Stock.
• FMR LLC holds sole voting power over 2,997,608 shares and sole dispositive power over 2,998,885 shares.
• Abigail P. Johnson holds sole dispositive power over 2,998,885 shares, with no sole or shared voting power.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of the issuer.
• Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, with the Johnson family being predominant owners of FMR LLC's Series B voting common shares (49% voting power).

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as a significant institutional investment by a reputable firm like FMR LLC can be seen as a vote of confidence in the issuer, although the document itself is purely factual and regulatory.

Positives

• The disclosure of a significant 6.7% stake by a major institutional investor like FMR LLC and its CEO, Abigail P. Johnson, can be viewed as a vote of confidence in Bridge Investment Group Holdings Inc.
• The filing explicitly states that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, which may alleviate concerns about potential activist investor actions.

Risks

• The document does not detail specific risks related to Bridge Investment Group Holdings Inc.'s operations or financial health, as it is a beneficial ownership report.

Future Outlook

The document is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.

Management Comments

• "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 and are not held 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."

Industry Context

This filing indicates a significant investment by a prominent global asset management firm, FMR LLC (Fidelity), into Bridge Investment Group Holdings Inc., which operates in the real estate investment sector. Such investments by large institutional players are common and reflect their portfolio allocation strategies.

Stakeholder Impact

• Shareholders: May view the significant institutional investment as a positive signal, potentially increasing investor confidence and demand for the stock.
• Management: The disclosure confirms a substantial institutional holder, which can influence strategic decisions or engagement with large investors.

Next Steps

• The reporting persons will continue to comply with SEC regulations regarding beneficial ownership disclosures, including future amendments to Schedule 13G if their ownership stake changes significantly.

Key Dates

Keywords

Beneficial Ownership, Schedule 13G, SEC Filing, Institutional Investor, FMR LLC, Abigail P. Johnson, Bridge Investment Group Holdings Inc., Class A Common Stock, Asset Management, Investment Holdings