Boothbay Fund Management Increases Stake in First Western Financial

Institutional investor boosts ownership of regional bank by over 58%

Mar. 17, 2026 at 7:24am

Got story updates? Submit your updates here. ›

Boothbay Fund Management LLC, an institutional investor, increased its stake in First Western Financial, Inc. (NASDAQ:MYFW) by 58.3% during the third quarter of 2025, according to a recent SEC filing. Boothbay now owns 156,282 shares of the regional bank's stock, representing 1.61% ownership.

Why it matters

This move by Boothbay Fund Management suggests the institutional investor sees growth potential in First Western Financial, a Denver-based bank focused on wealth management and trust services for high-net-worth individuals and families. The increased stake could signal confidence in the bank's strategy and future performance.

The details

According to the SEC filing, Boothbay Fund Management acquired an additional 57,565 shares of First Western Financial during the third quarter, bringing its total position to 156,282 shares. The institutional investor now owns 1.61% of the company's outstanding stock, up from 1.02% previously.

  • Boothbay Fund Management increased its stake in the third quarter of 2025.

The players

Boothbay Fund Management LLC

An institutional investment firm that manages a portfolio of stocks, bonds, and other assets.

First Western Financial, Inc.

A Denver-based bank holding company that provides wealth management, trust administration, and other financial services to high-net-worth individuals and families.

Got photos? Submit your photos here. ›

The takeaway

Boothbay Fund Management's increased stake in First Western Financial suggests the institutional investor sees growth potential in the regional bank's wealth management-focused business model. This move could signal confidence in the company's strategy and future performance.