Institutional HoldersBeta

Who holds a company, from every 13F filed for the quarter, one row per filer exactly as filed, against the latest share count the company reported.

HAWTHORN BANCSHARES, INC.

CIK 0000893847HWBK· quarter ending 2026-06-30

Shares outstanding

6,900,678

as of 2026-08-06 · 10-Q cover page, filed 2026-08-06

Held by 13F filers

2,214,384

32.1% of shares outstanding

Holders

+4 vs 2026-03-31 · 8 new, 4 exited

Value

$87.0M

shares +4.3% vs prior quarter

Share classes (cover page of the 10-Q filed 2026-08-06, as of 2026-08-06)

Class	Listed	Shares outstanding	Held by 13F filers	% of class	Holders	CUSIP
Common stock	HWBK · NASDAQ	6,900,678	2,214,384	32.1%	69	420476103

Each class is compared with its own share count; classes are not added together. A class that is not exchange-listed cannot be held by 13F filers.

Securities (CUSIPs held in 13F this quarter)

tick to combine

Count	CUSIP	Class (as filers write it)	Holders	Shares held	Class shares	% of class	Value	Options	Mapped via
	420476103	COM	69	2,214,384	6,900,678	32.1%	$87.0M	—	13DG	holders →

Totals combine the ticked CUSIPs and update as you tick: common-stock classes by default; preferreds, notes, warrants and depositary shares are listed but not counted. "holders →" shows a single CUSIP on its own. Bonds are held as a principal amount, not shares. Options positions are never counted as holdings.

Top holders (69 of 69 · 420476103)

change vs 2026-03-31

#	Filer	Shares	% of class	Value	Change
1	Ategra Capital Management, LLC	342,390	4.96%	$13.5M	—
2	BlackRock, Inc.	335,276	4.86%	$13.2M	+24,604 (+7.9%)
3	VANGUARD CAPITAL MANAGEMENT LLC	250,722	3.63%	$9.9M	+4,534 (+1.8%)
4	FJ Capital Management LLC	190,710	2.76%	$7.5M	—
5	DIMENSIONAL FUND ADVISORS LP	161,622	2.34%	$6.4M	+3,290 (+2.1%)
6	GEODE CAPITAL MANAGEMENT, LLC	148,965	2.16%	$5.9M	+12,163 (+8.9%)
7	STATE STREET CORP	84,776	1.23%	$3.3M	+1,763 (+2.1%)
8	BRIDGEWAY CAPITAL MANAGEMENT, LLC	64,813	0.94%	$2.5M	-373 (-0.6%)
9	NORTHERN TRUST CORP	48,071	0.70%	$1.9M	+4,226 (+9.6%)
10	Pinnacle Holdings, LLC	46,073	0.67%	$1.8M	-58 (-0.1%)
11	MONETA GROUP INVESTMENT ADVISORS LLC	44,745	0.65%	$1.8M	-3,980 (-8.2%)
12	VANGUARD PORTFOLIO MANAGEMENT LLC	39,180	0.57%	$1.5M	+5,871 (+17.6%)
13	RBF Capital, LLC	39,167	0.57%	$1.5M	—
14	VANGUARD FIDUCIARY TRUST CO	37,750	0.55%	$1.5M	+1,678 (+4.7%)
15	RENAISSANCE TECHNOLOGIES LLC	35,319	0.51%	$1.4M	+476 (+1.4%)
16	Empowered Funds, LLC	32,677	0.47%	$1.3M	-373 (-1.1%)
17	MERCER GLOBAL ADVISORS INC /ADV	32,589	0.47%	$1.3M	+139 (+0.4%)
18	GOLDMAN SACHS GROUP INC	23,833	0.35%	$937K	-1,588 (-6.2%)
19	AMERICAN CENTURY COMPANIES INC	20,603	0.30%	$810K	—
20	KESTRA PRIVATE WEALTH SERVICES, LLC	20,319	0.29%	$799K	NEW
21	Mariner, LLC	18,678	0.27%	$734K	NEW
22	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	16,101	0.23%	$633K	+1,534 (+10.5%)
23	ALEXANDER LABRUNERIE & CO., INC.	15,471	0.22%	$608K	—
24	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	15,325	0.22%	$602K	-281 (-1.8%)
25	PRICE T ROWE ASSOCIATES INC /MD/	14,707	0.21%	$578K	+2,425 (+19.7%)
26	Bank of New York Mellon Corp	14,294	0.21%	$562K	+1,355 (+10.5%)
27	Eagle Bluffs Wealth Management LLC	13,747	0.20%	$543K	—
28	Nuveen, LLC	11,498	0.17%	$452K	+3,993 (+53.2%)
29	CITADEL ADVISORS LLC	9,485	0.14%	$373K	-3,982 (-29.6%)
30	Focus Partners Wealth	9,278	0.13%	$365K	+41 (+0.4%)
31	RHUMBLINE ADVISERS	7,094	0.10%	$279K	+175 (+2.5%)
32	HSBC HOLDINGS PLC	6,569	0.10%	$247K	-3,038 (-31.6%)
33	AQR CAPITAL MANAGEMENT LLC	6,253	0.09%	$246K	NEW
34	Creative Planning	6,250	0.09%	$246K	-1,706 (-21.4%)
35	CENTRAL TRUST Co	5,168	0.07%	$203K	—
36	DEUTSCHE BANK AG\	4,873	0.07%	$192K	-1,257 (-20.5%)
37	WELLS FARGO & COMPANY/MN	4,867	0.07%	$191K	+2,694 (+124.0%)
38	MORGAN STANLEY	4,360	0.06%	$171K	-370 (-7.8%)
39	MetLife Investment Management, LLC	3,620	0.05%	$142K	—
40	Russell Investments Group, Ltd.	3,443	0.05%	$135K	+2,740 (+389.8%)
41	BARCLAYS PLC	3,154	0.05%	$124K	-1,453 (-31.5%)
42	CITIGROUP INC	2,696	0.04%	$106K	+2,420 (+876.8%)
43	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	2,676	0.04%	$105K	-87 (-3.1%)
44	Vanguard Global Advisers, LLC	2,565	0.04%	$101K	—
45	NEW YORK STATE COMMON RETIREMENT FUND	2,420	0.04%	$95K	—
46	JPMORGAN CHASE & CO	2,409	0.03%	$93K	+69 (+2.9%)
47	BNP PARIBAS FINANCIAL MARKETS	1,500	0.02%	$59K	+77 (+5.4%)
48	Police & Firemen's Retirement System of New Jersey	1,269	0.02%	$50K	—
49	UBS Group AG	1,206	0.02%	$47K	+206 (+20.6%)
50	UMB Bank, n.a.	1,000	0.01%	$39K	NEW
51	Tower Research Capital LLC (TRC)	755	0.01%	$30K	+16 (+2.2%)
52	Ameritas Investment Partners, Inc.	593	0.01%	$23K	—
53	Legal & General Group Plc	527	0.01%	$21K	—
54	ROYAL BANK OF CANADA	405	0.01%	$15K	+216 (+114.3%)
55	Sterling Capital Management LLC	117	0.00%	$5K	-75 (-39.1%)
56	FMR LLC	105	0.00%	$4K	+10 (+10.5%)
57	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	80	0.00%	$3K	-234 (-74.5%)
58	Quarry LP	72	0.00%	$3K	NEW
59	Arax Advisory Partners	54	0.00%	$2K	NEW
60	FNY Investment Advisers, LLC	30	0.00%	$1K	—
61	IFP Advisors, Inc	18	0.00%	$707	+9 (+100.0%)
62	Allworth Financial LP	15	0.00%	$590	+8 (+114.3%)
63	GAMMA Investing LLC	14	0.00%	$550	NEW
64	Essential Partners LLC	11	0.00%	$432	-22 (-66.7%)
65	PNC Financial Services Group, Inc.	5	0.00%	$197	—
66	ROTHSCHILD INVESTMENT LLC	3	0.00%	$118	+2 (+200.0%)
67	Farther Finance Advisors, LLC	3	0.00%	$118	—
68	True Wealth Design, LLC	1	0.00%	$40	NEW
69	Covestor Ltd	0	0.00%	$0	-4 (-100.0%)

Exited since 2026-03-31 (4 filers; largest 4 shown)

ALLIANCEBERNSTEIN L.P.	−13,169
CWM, LLC	−187
MAI Capital Management	−1
Root Financial Partners, LLC	−1

Large holders from 13D/13G (latest per reporting person, last 2 years)

Filed when a holder crosses 5% or changes materially, so often more current than the quarter-end 13F. Percentages are the filer's own, against the share count they used.

Reporting person	Form	Filed	Event	Shares	% of class
Douglas Eden	SCHEDULE 13G	2025-12-15	2025-12-11	644,931	9.4%
Financial Opportunity Fund LLC	SCHEDULE 13G/A	2025-02-05	2024-12-31	334,849	4.79%
FJ Capital Management LLC	SCHEDULE 13G/A	2025-02-05	2024-12-31	334,849	4.79%
Martin Friedman	SCHEDULE 13G/A	2025-02-05	2024-12-31	334,849	4.79%

Source: SEC Form 13F-HR information tables for the quarter ending 2026-06-30 (filed within 45 days of quarter end; amendments applied; values normalised to dollars), the share count from the company's latest 10-K/10-Q XBRL cover page, and Schedule 13D/13G filings. Each row is a legal 13F filer as filed — related entities (e.g. Vanguard's advisers) are not merged. Retail brokerage accounts are not reported on 13F, so the remainder is mostly retail and insiders.