Bridgeway Capital Management, LLC
Bridgeway Capital Management, LLC is an investment adviser headquartered in Houston, Texas, founded in 1993. It offers intelligently designed, evidence-based investment strategies primarily to institutions, registered investment companies (mutual funds), financial advisors, high net worth individuals, government entities, and non-profits. Bridgeway is the investment adviser to Bridgeway Funds, Inc. (an SEC-registered mutual funds family) and manages additional portfolios including ETFs and private funds. The firm is known for its disciplined, statistically driven process and focus on long-term investing outcomes. As of July 2025, it employs about 27 staff.
Investment Strategy
Bridgeway employs a disciplined, statistical, evidence-based investment approach grounded in academic theory and analysis of fundamental data over long periods. The firm offers a range of actively managed and systematic mutual funds and ETFs with an emphasis on equity strategies, factor investing, and risk management. Bridgeway designs portfolios for institutional clients, emphasizing diversification, long-term value creation, and scientifically tested processes. Its newly launched strategies, like the Global Opportunities Fund, pursue absolute return and use long/short techniques to target risk-adjusted performance uncorrelated to traditional market direction.
Latest 13F Filing Activity
Bridgeway Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 1,158 equity positions with a total 13F market value of $4B. The fund increased holdings in Netflix Inc., Palantir Technologies Inc., International Business Machs among other positions. Bridgeway Capital Management, LLC reduced exposure to Pfizer Inc., Qualcomm Inc., Comcast Corp. New among others.
Top Holdings
Equity Positions (1,158)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 1.08% | $45.4M | 287,366 | $38.86 | $157.99 | +$11.1M |
M MSFT | MICROSOFT CORP | 1.03% | $43.5M | 87,448 | $218.01 | $497.41 | +$11.0M |
M META | META PLATFORMS INC | 0.94% | $39.8M | 53,900 | $277.52 | $738.09 | +$2.8M |
A AVGO | BROADCOM INC | 0.84% | $35.5M | 128,710 | $102.00 | $275.65 | +$9.9M |
V V | VISA INC | 0.83% | $35.0M | 98,601 | $211.38 | $355.05 | +$1.1M |
Industry Allocation
Investment Team (9)
| Name | Role | Location | |
|---|---|---|---|
| Partner | Boston, MA , United States | ||
 | Portfolio Manager | Houston, TX , United States | |
D Dmitriy Lyukhter | Associate Portfolio Manager | United States | |
 | Portfolio Manager | Houston, TX , United States | |
 | Partner | New York, NY , United States | |
 | Partner | Houston, TX , United States | |
 | Partner | Missouri City, TX , United States | |
H Hongyu Chen | Partner | United States | |
| Partner | Sugar Land, TX , United States |