Who owns CDW (CDW)
Which tracked institutional funds hold CDW, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CDW company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
254 tracked funds added or opened CDW while 137 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CDW’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes CDW more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CDW divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 704 tracked filers holding CDW, 344 increased or opened the position and 444 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CDW between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 44
- Jupiter Topco LLC$300M
- Freestone Grove Partners LP$115M
- Duquesne Family Office LLC$105M
- RENAISSANCE GROUP LLC$34M
- Wishbone Management, LP$28M
- ARGENT CAPITAL MANAGEMENT LLC$16M
Full exits 70
- JANUS HENDERSON GROUP PLC$257M
- NATIXIS ADVISORS, LLC$92M
- Qube Research & Technologies Ltd$78M
- Amundi$64M
- L1 Capital International Pty Ltd$50M
- Sunriver Management LLC$32M
Largest adds
- BlackRock, Inc.$583M
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC$286M
- Boston Partners$263M
- PZENA INVESTMENT MANAGEMENT LLC$236M
- Invesco Ltd.$211M
- Alyeska Investment Group, L.P.$185M
Largest trims
- CITADEL ADVISORS LLC$128M
- Select Equity Group, L.P.$100M
- TWO SIGMA INVESTMENTS, LP$64M
- RENAISSANCE TECHNOLOGIES LLC$60M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$56M
- VICTORY CAPITAL MANAGEMENT INC$54M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 15,238,070 | $2.1B | 12.3% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 8,341,169 | $1.2B | 6.8% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 8,197,577 | $1.2B | 6.6% | 2026-Q2 |
| STATE STREET CORP added | 5,779,688 | $813M | 4.7% | 2026-Q2 |
| HARRIS ASSOCIATES L P added | 5,543,451 | $780M | 4.5% | 2026-Q2 |
| Boston Partners added | 5,256,810 | $739M | 4.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,890,627 | $548M | 3.2% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 3,777,585 | $531M | 3.1% | 2026-Q2 |
| Invesco Ltd. added | 3,758,500 | $529M | 3.0% | 2026-Q2 |
| MORGAN STANLEY added | 3,572,175 | $502M | 2.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 3,362,101 | $470M | 2.7% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 3,121,566 | $432M | 2.5% | 2026-Q2 |
| PZENA INVESTMENT MANAGEMENT LLC added | 2,638,900 | $371M | 2.1% | 2026-Q2 |
| Jupiter Topco LLC new | 2,133,623 | $300M | 1.7% | 2026-Q2 |
| Longview Partners (Guernsey) LTD trimmed | 1,867,736 | $263M | 1.5% | 2026-Q2 |
| Alyeska Investment Group, L.P. added | 1,854,952 | $261M | 1.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,813,551 | $255M | 1.5% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 1,763,554 | $248M | 1.4% | 2026-Q2 |
| FMR LLC added | 1,551,646 | $218M | 1.3% | 2026-Q2 |
| FIDUCIARY MANAGEMENT INC /WI/ trimmed | 1,393,758 | $196M | 1.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,348,786 | $190M | 1.1% | 2026-Q2 |
| FIL Ltd trimmed | 1,347,417 | $190M | 1.1% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,336,728 | $188M | 1.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 1,232,004 | $173M | 1.0% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,226,429 | $171M | 1.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 1,161,147 | $163M | 0.9% | 2026-Q2 |
| Madison Asset Management, LLC trimmed | 1,070,495 | $151M | 0.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,070,169 | $151M | 0.9% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 1,018,144 | $143M | 0.8% | 2026-Q2 |
| UBS Group AG added | 1,003,846 | $141M | 0.8% | 2026-Q2 |
| Mawer Investment Management Ltd. trimmed | 949,381 | $134M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 921,916 | $130M | 0.7% | 2026-Q2 |
| Freestone Grove Partners LP new | 818,292 | $115M | 0.7% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 799,829 | $112M | 0.6% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 782,147 | $110M | 0.6% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 759,648 | $107M | 0.6% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 758,619 | $101M | 0.6% | 2026-Q2 |
| Mondrian Investment Partners LTD trimmed | 755,141 | $106M | 0.6% | 2026-Q2 |
| Duquesne Family Office LLC new | 743,950 | $105M | 0.6% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 727,417 | $102M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 717,244 | $101M | 0.6% | 2026-Q2 |
| Fenimore Asset Management Inc trimmed | 709,575 | $100M | 0.6% | 2026-Q2 |
| NORGES BANK trimmed | 675,892 | $95M | 0.5% | 2026-Q2 |
| Swedbank AB added | 650,315 | $91M | 0.5% | 2026-Q2 |
| Legal & General Group Plc trimmed | 637,579 | $90M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 628,344 | $88M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 584,811 | $82M | 0.5% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 574,426 | $81M | 0.5% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 492,184 | $69M | 0.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 490,347 | $69M | 0.4% | 2026-Q2 |
| LAKEWOOD CAPITAL MANAGEMENT, LP added | 483,500 | $68M | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 473,353 | $67M | 0.4% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 454,707 | $64M | 0.4% | 2026-Q2 |
| DNB Asset Management AS added | 440,838 | $62M | 0.4% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 440,618 | $53M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 440,204 | $62M | 0.4% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 437,350 | $62M | 0.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 418,137 | $59M | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 408,593 | $57M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 360,900 | $51M | 0.3% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 351,345 | $49M | 0.3% | 2026-Q2 |
| Findlay Park Partners LLP trimmed | 325,426 | $46M | 0.3% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 324,494 | $46M | 0.3% | 2026-Q2 |
| Nuveen, LLC trimmed | 321,893 | $45M | 0.3% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 318,903 | $45M | 0.3% | 2026-Q2 |
| SEI INVESTMENTS CO added | 316,844 | $45M | 0.3% | 2026-Q2 |
| Blue Grotto Capital, LLC added | 315,642 | $44M | 0.3% | 2026-Q2 |
| Select Equity Group, L.P. trimmed | 314,460 | $44M | 0.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 309,913 | $44M | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 296,928 | $42M | 0.2% | 2026-Q2 |
| PFA Pension, Forsikringsaktieselskab added | 284,247 | $40M | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 280,031 | $39M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 275,595 | $39M | 0.2% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 259,041 | $36M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 254,688 | $36M | 0.2% | 2026-Q2 |
| RENAISSANCE GROUP LLC added | 238,981 | $34M | 0.2% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 213,089 | $30M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 212,249 | $30M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 209,324 | $29M | 0.2% | 2026-Q2 |
| Wishbone Management, LP new | 200,000 | $28M | 0.2% | 2026-Q2 |
| Allianz Asset Management GmbH added | 184,869 | $22M | 0.1% | 2026-Q2 |
| Artisan Partners Limited Partnership trimmed | 183,373 | $26M | 0.1% | 2026-Q2 |
| Crescent Grove Advisors, LLC added | 176,298 | $25M | 0.1% | 2026-Q2 |
| BAMCO INC /NY/ trimmed | 172,116 | $24M | 0.1% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 170,239 | $24M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 164,071 | $23M | 0.1% | 2026-Q2 |
| Local Pensions Partnership Investment Ltd trimmed | 159,176 | $22M | 0.1% | 2026-Q2 |
| ATWOOD & PALMER INC trimmed | 157,897 | $22M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 151,779 | $21M | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. added | 140,927 | $20M | 0.1% | 2026-Q2 |
| APG Asset Management N.V. trimmed | 135,766 | $17M | 0.1% | 2026-Q2 |
| Aberdeen Group plc added | 135,294 | $19M | 0.1% | 2026-Q2 |
| Kepler Cheuvreux (Suisse) SA added | 134,208 | $19M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM added | 124,570 | $18M | 0.1% | 2026-Q2 |
| Broad Run Investment Management, LLC trimmed | 124,310 | $17M | 0.1% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO trimmed | 124,223 | $17M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 122,829 | $17M | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 114,838 | $16M | 0.1% | 2026-Q2 |
| Distillate Capital Partners LLC added | 113,888 | $16M | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 112,953 | $16M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.