# EDGAR Filing Document

**Accession Number:** 0001567101
**File Stem:** 0001193125-25-193698
**Filing Date:** 2025-9
**Character Count:** 9417
**Document Hash:** 153ae530478beca7ead5fd634bcea09a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-193698.hdr.sgml**: 20250902

**ACCESSION NUMBER**: 0001193125-25-193698

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250902

**DATE AS OF CHANGE**: 20250902

**EFFECTIVENESS DATE**: 20250902

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bridge Builder Trust
- **CENTRAL INDEX KEY:** 0001567101

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-187194
- **FILM NUMBER:** 251283952

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 1920
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80201
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 1920
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80201

## Series and Classes Contracts Data

### Bridge Builder Large Cap Growth Fund (Series ID: S000048334)

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|  |  |  |
|:---|:---|:---|
| Class Name                           | Ticker Symbol | Class ID   |
| Bridge Builder Large Cap Growth Fund | BBGLX         | C000152649 |

---

### Bridge Builder Small/Mid Cap Value Fund (Series ID: S000048337)

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|  |  |  |
|:---|:---|:---|
| Class Name                              | Ticker Symbol | Class ID   |
| Bridge Builder Small/Mid Cap Value Fund | BBVSX         | C000152652 |

---

## Series and Classes Contracts Data

### Bridge Builder Large Cap Growth Fund (Series ID: S000048334)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000152649 | Bridge Builder Large Cap Growth Fund | BBGLX           |

### Bridge Builder Small/Mid Cap Value Fund (Series ID: S000048337)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000152652 | Bridge Builder Small/Mid Cap Value Fund | BBVSX           |

**BRIDGE BUILDER TRUST** 

**Bridge Builder Large Cap Growth Fund (the "Large Cap Growth Fund")** 

**Bridge Builder Small/Mid Cap Value Fund (the "Small/Mid Cap Value Fund")** 

**Supplement dated September 2, 2025** 

**to the Prospectus dated October 28, 2024, as supplemented** 

**This supplement provides new and additional information beyond that contained in the** 

**Prospectus and should be read in conjunction with the Prospectus.** 

A. Robert L. Rohn no longer serves as portfolio manager of the portion of the assets of the Large Cap Growth
Fund managed by Sustainable Growth Advisers, LP ("SGA's Allocated Portion of the Large Cap Growth Fund"). Tucker Brown, Kishore Rao and Hrishikesh (HK) Gupta continue to serve as portfolio managers of SGA's Allocated Portion
of the Large Cap Growth Fund.

Accordingly, all references and information related to Robert L. Rohn in the Prospectus are hereby deleted in their entirety.

B. Jeffrey C. Allen and Alexander I. Waldorf have been added as portfolio managers to the portion of the assets
of the Small/Mid Cap Value Fund managed by Silvercrest Asset Management Group LLC ("Silvercrest's Allocated Portion of the Small/Mid Cap Value Fund"). Roger W. Vogel continues to serve as a portfolio manager to Silvercrest's
Allocated Portion of the Small/Mid Cap Value Fund.

Accordingly, the Prospectus is hereby supplemented and revised as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *The table entitled "Silvercrest" in the sub-section entitled "Sub-advisers and Portfolio Managers" under the section entitled "Summary Section – Bridge Builder Small/Mid Cap Value Fund" is hereby replaced with the following:* 

**Silvercrest** 

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| | | |
|:---|:---|:---|
| **Portfolio Managers** | **Position with Silvercrest** | **Length of Service to the <br>Fund** |
|  *Roger W. Vogel, CFA* | Managing Director and Portfolio Manager | Since Inception |
|  *Jeffrey C. Allen, CFA* | Managing Director and Portfolio Manager | Since August 2025 |
|  *Alexander I. Waldorf, CFA* | Managing Director and Portfolio Manager | Since August 2025 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *The sub-section entitled "Sub-advisers and Portfolio Managers – Small/Mid Cap Value Fund – Silvercrest – Portfolio Manager" under the section entitled "Management of the Funds" is hereby replaced with the following:* 

*<u>Portfolio Managers:</u>*

**Roger W. Vogel, CFA** has been a portfolio manager of the Small/Mid Cap Value Fund since its inception. **Jeffrey C. Allen, CFA** and **Alexander I. Waldorf, CFA** have been portfolio managers of the Small/Mid Cap Value Fund since August 2025.

Mr. Vogel is a Managing Director and lead portfolio manager at Silvercrest. Prior to joining Silvercrest in 2002, he was Managing Director at Credit Suisse Asset Management, where he co-managed both small cap and large cap portfolios.

Mr. Allen is a Managing Director and portfolio manager at Silvercrest. Prior to joining Silvercrest in 2002, he was a Vice President at Credit Suisse Asset Management, where he was a generalist equity analyst for the small cap portfolios.

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Mr. Waldorf is a Managing Director and portfolio manager at Silvercrest. Prior to joining Silvercrest in 2013, he was a generalist investment analyst at Ascend Capital, a long-short equity hedge fund.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE** 

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**BRIDGE BUILDER TRUST** 

**Bridge Builder Large Cap Growth Fund (the "Large Cap Growth Fund")** 

**Bridge Builder Small/Mid Cap Value Fund (the "Small/Mid Cap Value Fund")** 

**Supplement dated September 2, 2025** 

**to the Statement of Additional Information ("SAI") dated October 28, 2024, as supplemented** 

**This supplement provides new and additional information beyond that contained in the** 

**SAI and should be read in conjunction with the SAI.** 

A. Robert L. Rohn no longer serves as portfolio manager of the portion of the assets of the Large Cap Growth
Fund managed by Sustainable Growth Advisers, LP ("SGA's Allocated Portion of the Large Cap Growth Fund"). Tucker Brown, Kishore Rao and Hrishikesh (HK) Gupta continue to serve as portfolio managers of SGA's Allocated Portion
of the Large Cap Growth Fund.

Accordingly, all references and information related to Robert L. Rohn in the SAI are hereby deleted in their entirety.

B. Jeffrey C. Allen and Alexander I. Waldorf have been added as portfolio managers to the portion of the assets
of the Small/Mid Cap Value Fund managed by Silvercrest Asset Management Group LLC ("Silvercrest's Allocated Portion of the Small/Mid Cap Value Fund"). Roger W. Vogel continues to serve as a portfolio manager to Silvercrest's
Allocated Portion of the Small/Mid Cap Value Fund.

Accordingly, the SAI is hereby supplemented and revised as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1.* *The sub-section entitled "Other Accounts Managed by Portfolio Manager and Ownership of Fund Shares" under the section entitled "The Funds' Investment Teams – The Sub-advisers – Small/Mid Cap Value Fund – Silvercrest Asset Management Group LLC ("Silvercrest")" is hereby replaced with the following:* 

*Other Accounts Managed by Portfolio Managers and Ownership of Fund Shares.* The table below identifies,for each portfolio manager, the number of accounts managed (excluding the Fund) and the total assets in such accounts, within each of the following categories: registered investment companies, other pooled investment vehicles, and other accounts. To the extent that any of these accounts are subject to a performance-based advisory fee, this information is reflected in the table below. Information is shown as of June 30, 2025. Asset amounts are approximate and have been rounded.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Registered Investment <br>Companies (excluding** <br> **the Fund)** | **Registered Investment <br>Companies (excluding** <br> **the Fund)** | **Other Pooled**<br> **Investment Vehicles**  | **Other Pooled**<br> **Investment Vehicles**  | **Other Accounts** | **Other Accounts** |
| &nbsp;&nbsp;&nbsp; **Portfolio <br> Manager(s)** | **Number<br>of<br>Accounts** | **Total**<br> **Assets in**<br> **the**<br> **Accounts** | **Number<br>of<br>Accounts** | **Total**<br> **Assets in**<br> **the**<br> **Accounts**  | **Number<br>of<br>Accounts** | **Total**<br> **Assets in**<br> **the**<br> **Accounts** |
| &nbsp;&nbsp;&nbsp;**All Accounts** | &nbsp;&nbsp;&nbsp;**All Accounts** | &nbsp;&nbsp;&nbsp;**All Accounts** | &nbsp;&nbsp;&nbsp;**All Accounts** | &nbsp;&nbsp;&nbsp;**All Accounts** | &nbsp;&nbsp;&nbsp;**All Accounts** | &nbsp;&nbsp;&nbsp;**All Accounts** |
| &nbsp;&nbsp;&nbsp; Roger W. Vogel | 0 | $0 | 0 | $0 | 2892 | $9,648.3 million |
| &nbsp;&nbsp;&nbsp; Jeffrey C. Allen | 0 | $0 | 0 | $0 | 2922 | $9,680.6 million |
| &nbsp;&nbsp;&nbsp; Alexander I. Waldorf | 0 | $0 | 0 | $0 | 2922 | $9,680.6 million |

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As of June 30, 2025, the above-listed portfolio managers did not beneficially own any shares of the Fund.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2.* *In the sub-sections entitled "Material Conflicts" and "Compensation" under the section entitled "The Funds' Investment Teams – The Sub-advisers – Small/Mid Cap Value Fund – Silvercrest Asset Management Group LLC ("Silvercrest")," all references to "portfolio manager" are hereby replaced with "portfolio managers."* 

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**