SCHEDULE 13G/A: FJ Capital Management and Affiliates Disclose 4.79% Passive Stake in Hawthorn Bancshares

FJ Capital Management LLC, Financial Opportunity Fund LLC, and Martin Friedman have jointly disclosed a passive beneficial ownership of 4.79% in Hawthorn Bancshares, Inc. (HWBK), totaling 334,849 shares of common stock.

Summary

• FJ Capital Management LLC, Financial Opportunity Fund LLC, and Martin Friedman have filed an Amendment No. 2 to Schedule 13G, disclosing their beneficial ownership in Hawthorn Bancshares, Inc. (HWBK).
• The reporting persons collectively beneficially own 334,849 shares of Hawthorn Bancshares, Inc. common stock.
• This ownership represents 4.79% of the class of Hawthorn Bancshares, Inc. common stock.
• The shares are held by Financial Opportunity Fund LLC, with FJ Capital Management LLC serving as its managing member.
• Martin Friedman is associated with FJ Capital Management LLC.
• Both FJ Capital Management LLC and Martin Friedman disclaim beneficial ownership of the reported shares, as they are held by Financial Opportunity Fund LLC.
• The filing certifies that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a neutral, factual disclosure of beneficial ownership, with no inherent positive or negative implications for the issuer's operations or financial health.

Risks

• The filing explicitly states that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer, mitigating immediate control-related risks from this specific filing.

Future Outlook

This document is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or operations.

Industry Context

This filing is a standard disclosure of passive ownership in a financial institution, Hawthorn Bancshares, Inc., by an investment firm and its affiliates. It reflects an investment position rather than a strategic industry move or operational update.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant passive ownership stakes, confirming that a notable investor group holds 4.79% of the common stock without intent to influence control.

Key Dates

Keywords

Hawthorn Bancshares, HWBK, SEC filing, Schedule 13G, beneficial ownership, FJ Capital Management, Financial Opportunity Fund, Martin Friedman, common stock, passive investment, financial services, banking