Who owns Capital Southwest (CSWC)
Which tracked institutional funds hold CSWC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CSWC 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
The tracked-fund tape on CSWC is one-sided between 2026-Q1 and 2026-Q2: 48 added or opened and 15 trimmed or exited — on balance accumulating.
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
CSWC’s largest tracked holder by dollar value, VAN ECK ASSOCIATES CORP, 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 CSWC more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CSWC 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 187 tracked filers holding CSWC, 98 increased or opened the position and 75 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases. A multi-insider buy cluster also fired inside the quarter.
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 CSWC 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 13
- VICTORY CAPITAL MANAGEMENT INC$16M
- INCOME RESEARCH & MANAGEMENT$10M
- TECTONIC ADVISORS LLC$8M
- Schonfeld Strategic Advisors LLC$4M
- LAFFER TENGLER INVESTMENTS, INC.$4M
- MARSHALL WACE, LLP$3M
Full exits 5
- PANORAMIC INVESTMENT ADVISORS, LLC$11M
- HRT FINANCIAL LP$2M
- CANADA LIFE ASSURANCE Co$1M
- Cambridge Investment Research Advisors, Inc.$1M
- Sunbelt Securities, Inc.$819K
Largest adds
- VAN ECK ASSOCIATES CORP$11M
- UBS Group AG$10M
- Union Bancaire Privee, UBP SA$6M
- LPL Financial LLC$4M
- Sound Income Strategies, LLC$2M
- Trexquant Investment LP$2M
Largest trims
- TWO SIGMA INVESTMENTS, LP$24M
- SMH CAPITAL ADVISORS INC$11M
- SANDERS MORRIS HARRIS LLC$7M
- MILLENNIUM MANAGEMENT LLC$4M
- Melia Wealth LLC$2M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$2M
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 |
|---|---|---|---|---|
| VICTORY CAPITAL MANAGEMENT INC added | 15,358,000 | $16M | 3.7% | 2026-Q2 |
| INCOME RESEARCH & MANAGEMENT added | 9,227,000 | $10M | 2.2% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 1,526,667 | $36M | 8.5% | 2026-Q2 |
| UBS Group AG added | 1,218,244 | $29M | 6.8% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 1,180,391 | $28M | 6.6% | 2026-Q2 |
| Sound Income Strategies, LLC added | 934,321 | $22M | 5.2% | 2026-Q2 |
| SANDERS MORRIS HARRIS LLC trimmed | 759,992 | $18M | 4.2% | 2026-Q2 |
| Empowered Funds, LLC trimmed | 525,697 | $12M | 2.9% | 2026-Q2 |
| Empirical Finance, LLC trimmed | 525,500 | $12M | 2.9% | 2026-Q2 |
| Legal & General Group Plc added | 499,715 | $12M | 2.8% | 2026-Q2 |
| Cetera Investment Advisers added | 490,926 | $12M | 2.7% | 2026-Q2 |
| SUCCESSION FINANCIAL, INC. new | 465,000 | $487K | 0.1% | 2026-Q2 |
| Muzinich & Co., Inc. added | 435,909 | $10M | 2.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 417,574 | $10M | 2.3% | 2026-Q2 |
| LPL Financial LLC added | 402,585 | $10M | 2.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 379,686 | $9M | 2.1% | 2026-Q2 |
| Melia Wealth LLC trimmed | 377,760 | $9M | 2.1% | 2026-Q2 |
| Columbus Macro, LLC added | 374,871 | $9M | 2.1% | 2026-Q2 |
| TECTONIC ADVISORS LLC trimmed | 355,370 | $8M | 2.0% | 2026-Q2 |
| BlackRock, Inc. added | 300,377 | $7M | 1.7% | 2026-Q2 |
| EPIQ PARTNERS, LLC trimmed | 294,003 | $7M | 1.6% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 291,778 | $7M | 1.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 269,532 | $6M | 1.5% | 2026-Q2 |
| Womack Financial LLC trimmed | 230,538 | $5M | 1.3% | 2026-Q2 |
| MORGAN STANLEY added | 215,970 | $5M | 1.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 197,768 | $5M | 1.1% | 2026-Q2 |
| FIRST MANHATTAN CO. LLC. trimmed | 167,842 | $4M | 0.9% | 2026-Q2 |
| Naviter Wealth, LLC added | 167,732 | $4M | 0.9% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 160,021 | $4M | 0.9% | 2026-Q2 |
| GRACE & WHITE INC /NY trimmed | 159,697 | $4M | 0.9% | 2026-Q2 |
| Foundations Investment Advisors, LLC trimmed | 129,161 | $3M | 0.7% | 2026-Q2 |
| GraniteShares Advisors LLC added | 126,444 | $3M | 0.7% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 120,787 | $3M | 0.7% | 2026-Q2 |
| Hodges Capital Management Inc. added | 112,283 | $3M | 0.6% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 103,851 | $2M | 0.6% | 2026-Q2 |
| Trexquant Investment LP added | 103,686 | $2M | 0.6% | 2026-Q2 |
| Advisors Asset Management, Inc. trimmed | 98,619 | $2M | 0.5% | 2026-Q2 |
| XTX Topco Ltd added | 97,027 | $2M | 0.5% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC added | 95,362 | $2M | 0.5% | 2026-Q2 |
| First Dallas Securities Inc. added | 90,468 | $2M | 0.5% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 88,251 | $2M | 0.5% | 2026-Q2 |
| Inspire Advisors, LLC added | 87,762 | $2M | 0.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 86,011 | $2M | 0.5% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 84,495 | $2M | 0.5% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 83,697 | $2M | 0.5% | 2026-Q2 |
| STATE STREET CORP added | 80,442 | $2M | 0.4% | 2026-Q2 |
| SMH CAPITAL ADVISORS INC trimmed | 80,072 | $2M | 0.4% | 2026-Q2 |
| Truvestments Capital LLC added | 78,667 | $2M | 0.4% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 77,193 | $2M | 0.4% | 2026-Q2 |
| Militia Capital Management LLC added | 75,000 | $2M | 0.4% | 2026-Q2 |
| Legacy Capital Wealth Partners, LLC added | 74,653 | $2M | 0.4% | 2026-Q2 |
| DENALI ADVISORS LLC trimmed | 72,014 | $2M | 0.4% | 2026-Q2 |
| B. Riley Wealth Advisors, Inc. added | 69,775 | $2M | 0.4% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 66,615 | $2M | 0.4% | 2026-Q2 |
| COZAD ASSET MANAGEMENT INC added | 66,133 | $2M | 0.4% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 64,703 | $2M | 0.4% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. trimmed | 62,374 | $1M | 0.3% | 2026-Q2 |
| Moerus Capital Management LLC | 61,698 | $1M | 0.3% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 59,115 | $1M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 57,116 | $1M | 0.3% | 2026-Q2 |
| Mariner, LLC added | 51,258 | $1M | 0.3% | 2026-Q2 |
| Catalyst Capital Advisors LLC | 49,000 | $1M | 0.3% | 2026-Q2 |
| Bayshore Capital Advisors, LLC added | 48,320 | $1M | 0.3% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 45,257 | $1M | 0.3% | 2026-Q2 |
| Quantbot Technologies LP added | 43,455 | $1M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 42,721 | $1M | 0.2% | 2026-Q2 |
| Symphony Financial, Ltd. Co. added | 42,154 | $991K | 0.2% | 2026-Q2 |
| Cornerstone Wealth Management, LLC added | 40,813 | $970K | 0.2% | 2026-Q2 |
| NAVELLIER & ASSOCIATES INC new | 38,884 | $924K | 0.2% | 2026-Q2 |
| Brookstone Capital Management new | 38,697 | $920K | 0.2% | 2026-Q2 |
| CALDWELL SUTTER CAPITAL, INC. trimmed | 36,618 | $870K | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 36,203 | $861K | 0.2% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 31,550 | $750K | 0.2% | 2026-Q2 |
| AlphaCore Capital LLC added | 31,546 | $750K | 0.2% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 30,530 | $726K | 0.2% | 2026-Q2 |
| Greenland Capital Management LP added | 29,000 | $689K | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 27,535 | $655K | 0.2% | 2026-Q2 |
| GEN Financial Management, INC. new | 26,569 | $632K | 0.1% | 2026-Q2 |
| Jump Financial, LLC added | 26,405 | $628K | 0.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 26,157 | $622K | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 24,481 | $582K | 0.1% | 2026-Q2 |
| Arlington Capital Management, Inc. added | 24,202 | $575K | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 24,009 | $571K | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 23,312 | $554K | 0.1% | 2026-Q2 |
| Apollon Wealth Management, LLC trimmed | 22,681 | $539K | 0.1% | 2026-Q2 |
| Mraz, Amerine & Associates, Inc. trimmed | 21,979 | $522K | 0.1% | 2026-Q2 |
| Zuckerman Investment Group, LLC trimmed | 21,371 | $508K | 0.1% | 2026-Q2 |
| Closed-End Fund Advisors, Inc. trimmed | 19,487 | $463K | 0.1% | 2026-Q2 |
| DEARBORN PARTNERS LLC | 19,420 | $430K | 0.1% | 2026-Q2 |
| &PARTNERS trimmed | 18,428 | $438K | 0.1% | 2026-Q2 |
| 1900 WEALTH MANAGEMENT LLC | 18,272 | $434K | 0.1% | 2026-Q2 |
| LBMC INVESTMENT ADVISORS, LLC | 18,250 | $434K | 0.1% | 2026-Q2 |
| Fund Advisors of America Inc/FL trimmed | 16,578 | $394K | 0.1% | 2026-Q2 |
| Virtus Investment Advisers, LLC trimmed | 16,171 | $384K | 0.1% | 2026-Q2 |
| Samalin Investment Counsel, LLC trimmed | 16,005 | $380K | 0.1% | 2026-Q2 |
| BROWN ADVISORY INC new | 15,770 | $375K | 0.1% | 2026-Q2 |
| Belpointe Asset Management LLC trimmed | 15,354 | $365K | 0.1% | 2026-Q2 |
| CreativeOne Wealth, LLC trimmed | 15,016 | $357K | 0.1% | 2026-Q2 |
| LAFFER TENGLER INVESTMENTS, INC. added | 3,372 | $4M | 0.8% | 2026-Q2 |
| Union Bancaire Privee, UBP SA | 1,685 | $6M | 1.5% | 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.