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Institutional Ownership · SEC Form 13F

Who owns CWAN (CWAN)


Which tracked institutional funds hold CWAN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CWAN company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

326
Institutional holders
289,959,900
Shares held (tracked funds)

How the tape is positioned

116 tracked funds added or opened CWAN while 171 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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

CWAN’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.2pp gap the other way — the median holder sizes CWAN more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in CWAN 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 2025-Q4 and 2026-Q1, across 326 tracked filers holding CWAN, 182 increased or opened the position and 254 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

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 CWAN between the 2025-Q4 and 2026-Q1 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 55

  • VANGUARD PORTFOLIO MANAGEMENT LLC$433M
  • VANGUARD CAPITAL MANAGEMENT LLC$310M
  • Kryger Capital LLC$90M
  • Westchester Capital Management, LLC$62M
  • VANGUARD FIDUCIARY TRUST CO$47M
  • Birnam Oak Advisors, LP$41M

Full exits 87

  • VANGUARD GROUP INC$793M
  • WASATCH ADVISORS LP$203M
  • HMI Capital Management, L.P.$153M
  • Capital World Investors$142M
  • WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$142M
  • Hood River Capital Management LLC$104M

Largest adds

  • HBK INVESTMENTS L P$319M
  • FIL Ltd$223M
  • UBS Group AG$223M
  • Pentwater Capital Management LP$207M
  • MILLENNIUM MANAGEMENT LLC$184M
  • CITADEL ADVISORS LLC$172M

Largest trims

  • PRICE T ROWE ASSOCIATES INC /MD/$323M
  • BAMCO INC /NY/$185M
  • BlackRock, Inc.$143M
  • Conestoga Capital Advisors, LLC$132M
  • MORGAN STANLEY$129M
  • Starboard Value LP$111M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed20,726,830$490M5.5%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new18,293,833$433M4.9%2026-Q1
UBS Group AG added14,735,354$348M3.9%2026-Q1
HBK INVESTMENTS L P added13,875,000$328M3.7%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new13,097,435$310M3.5%2026-Q1
FIL Ltd added11,774,123$278M3.1%2026-Q1
Pentwater Capital Management LP added11,385,000$269M3.0%2026-Q1
MILLENNIUM MANAGEMENT LLC added9,294,096$220M2.5%2026-Q1
CITADEL ADVISORS LLC added8,441,416$200M2.2%2026-Q1
GLAZER CAPITAL, LLC added7,819,776$185M2.1%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added7,313,635$173M1.9%2026-Q1
STATE STREET CORP added6,894,143$163M1.8%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added6,801,369$161M1.8%2026-Q1
Starboard Value LP trimmed5,459,031$129M1.5%2026-Q1
GOLDMAN SACHS GROUP INC added5,258,445$124M1.4%2026-Q1
TIG Advisors, LLC added5,017,185$119M1.3%2026-Q1
Blackstone Inc.4,067,360$96M1.1%2026-Q1
NEXPOINT ASSET MANAGEMENT, L.P. added4,004,230$95M1.1%2026-Q1
Kryger Capital LLC new3,817,188$90M1.0%2026-Q1
Qube Research & Technologies Ltd added3,625,230$86M1.0%2026-Q1
Polar Asset Management Partners Inc. added3,622,500$86M1.0%2026-Q1
NORGES BANK trimmed3,172,645$85M1.0%2026-Q1
Man Group plc added3,577,912$85M1.0%2026-Q1
AQR Arbitrage LLC added3,295,740$78M0.9%2026-Q1
SOROS FUND MANAGEMENT LLC added2,941,405$70M0.8%2026-Q1
Verition Fund Management LLC added2,855,891$68M0.8%2026-Q1
Capula Management Ltd added2,677,322$63M0.7%2026-Q1
Westchester Capital Management, LLC new2,617,694$62M0.7%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed2,547,602$60M0.7%2026-Q1
MORGAN STANLEY trimmed2,546,987$60M0.7%2026-Q1
NORTHERN TRUST CORP trimmed2,507,427$59M0.7%2026-Q1
Melqart Asset Management (UK) Ltd added2,265,906$54M0.6%2026-Q1
First Trust Capital Management L.P. added2,154,188$51M0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,000,277$47M0.5%2026-Q1
ALLIANCEBERNSTEIN L.P. added1,851,536$45M0.5%2026-Q1
CAXTON ASSOCIATES LLP added1,790,121$42M0.5%2026-Q1
Birnam Oak Advisors, LP new1,719,139$41M0.5%2026-Q1
HIGHBRIDGE CAPITAL MANAGEMENT LLC new1,605,137$38M0.4%2026-Q1
JPMORGAN CHASE & CO trimmed1,605,137$38M0.4%2026-Q1
HSBC HOLDINGS PLC added1,530,460$36M0.4%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed1,468,417$35M0.4%2026-Q1
LMR Partners LLP added1,452,700$34M0.4%2026-Q1
Calamos Advisors LLC new1,377,682$33M0.4%2026-Q1
HHLR ADVISORS, LTD.1,365,971$32M0.4%2026-Q1
JANUS HENDERSON GROUP PLC trimmed1,318,897$31M0.4%2026-Q1
Woodline Partners LP added1,290,000$31M0.3%2026-Q1
ALPINE ASSOCIATES MANAGEMENT INC. added1,265,435$30M0.3%2026-Q1
Capital International Investors trimmed1,260,099$30M0.3%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added1,258,900$30M0.3%2026-Q1
MARSHALL WACE, LLP added1,231,836$29M0.3%2026-Q1
Twin Securities, Inc. added1,164,090$28M0.3%2026-Q1
Decagon Asset Management LLP new1,139,167$27M0.3%2026-Q1
WARBURG PINCUS LLC977,455$23M0.3%2026-Q1
Public Sector Pension Investment Board new977,000$23M0.3%2026-Q1
SYQUANT CAPITAL SAS new974,549$23M0.3%2026-Q1
Fort Baker Capital Management LP trimmed970,611$23M0.3%2026-Q1
Bank of New York Mellon Corp trimmed968,604$23M0.3%2026-Q1
Keenan Capital, LLC trimmed960,212$23M0.3%2026-Q1
GABELLI FUNDS LLC added940,350$22M0.3%2026-Q1
METEORA CAPITAL, LLC added938,659$22M0.2%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. added935,000$22M0.2%2026-Q1
Sand Grove Capital Management LLP new930,959$22M0.2%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed920,728$22M0.2%2026-Q1
Nuveen, LLC trimmed905,918$21M0.2%2026-Q1
Tensile Capital Management LP trimmed879,674$21M0.2%2026-Q1
Squarepoint Ops LLC added861,932$20M0.2%2026-Q1
Weiss Asset Management LP added843,439$20M0.2%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed827,246$20M0.2%2026-Q1
GABELLI & Co INVESTMENT ADVISERS, INC. added782,340$19M0.2%2026-Q1
Hudson Bay Capital Management LP added762,870$18M0.2%2026-Q1
VANGUARD GROUP INC trimmed32,879,067$793M8.9%2025-Q4 stale
Permira Holdings LTD7,983,533$214M2.4%2025-Q1 stale
WASATCH ADVISORS LP trimmed8,430,212$203M2.3%2025-Q4 stale
HMI Capital Management, L.P. added6,339,500$153M1.7%2025-Q4 stale
Capital World Investors added5,882,816$142M1.6%2025-Q4 stale
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed5,880,506$142M1.6%2025-Q4 stale
Hood River Capital Management LLC added4,304,707$104M1.2%2025-Q4 stale
MACQUARIE GROUP LTD trimmed4,929,493$89M1.0%2025-Q3 stale
Stephens Investment Management Group LLC added3,531,792$85M1.0%2025-Q4 stale
BROWN ADVISORY INC added2,581,022$62M0.7%2025-Q4 stale
KRYGER CAPITAL Ltd new2,468,400$60M0.7%2025-Q4 stale
LOOMIS SAYLES & CO L P trimmed2,645,199$58M0.7%2025-Q2 stale
T. Rowe Price Investment Management, Inc. added2,950,971$53M0.6%2025-Q3 stale
FULLER & THALER ASSET MANAGEMENT, INC. added2,336,475$51M0.6%2025-Q2 stale
Lead Edge Capital Management, LLC1,946,446$47M0.5%2025-Q4 stale
LORD, ABBETT & CO. LLC added1,561,249$42M0.5%2025-Q1 stale
Allspring Global Investments Holdings, LLC trimmed1,684,445$41M0.5%2025-Q4 stale
JENNISON ASSOCIATES LLC added1,501,384$36M0.4%2025-Q4 stale
RIVERBRIDGE PARTNERS LLC trimmed1,298,714$31M0.4%2025-Q4 stale
ZEVENBERGEN CAPITAL INVESTMENTS LLC added1,366,580$30M0.3%2025-Q2 stale
Shannon River Fund Management LLC added1,236,412$30M0.3%2025-Q4 stale
SILVERCREST ASSET MANAGEMENT GROUP LLC added1,232,987$30M0.3%2025-Q4 stale
Clearbridge Investments, LLC added1,039,953$25M0.3%2025-Q4 stale
PALISADE CAPITAL MANAGEMENT, LP added1,017,690$25M0.3%2025-Q4 stale
JUPITER ASSET MANAGEMENT LTD new988,538$22M0.2%2025-Q2 stale
CONGRESS ASSET MANAGEMENT CO added839,499$20M0.2%2025-Q4 stale
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed751,042$20M0.2%2025-Q1 stale
Sea Cliff Partners Management, LP added1,101,680$20M0.2%2025-Q3 stale
Science & Technology Partners, L.P. new681,771$18M0.2%2025-Q1 stale
COMERICA BANK added731,343$18M0.2%2025-Q4 stale

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.

HoldersTotal shares

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.

Learn how to read institutional ownership