Who owns Clearwater Analytics Holdings (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 (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
Conviction spread
CWAN’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 0.2% 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, we do not read how tracked institutions changed their CWAN positions: many holders could not be matched across the two filings, most often because the security’s identifier changed and our mapping is incomplete, or because funds are still filing for the newer quarter. Over the same quarter, open-market insider Form 4s were net sales.
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
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 20,726,830 | $490M | 6.1% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 18,293,833 | $433M | 5.4% | 2026-Q1 |
| UBS Group AG added | 14,735,354 | $348M | 4.4% | 2026-Q1 |
| HBK INVESTMENTS L P added | 13,875,000 | $328M | 4.1% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 13,097,435 | $310M | 3.9% | 2026-Q1 |
| FIL Ltd added | 11,774,123 | $278M | 3.5% | 2026-Q1 |
| Pentwater Capital Management LP added | 11,385,000 | $269M | 3.4% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 9,294,096 | $220M | 2.8% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 8,441,416 | $200M | 2.5% | 2026-Q1 |
| GLAZER CAPITAL, LLC added | 7,819,776 | $185M | 2.3% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 7,313,635 | $173M | 2.2% | 2026-Q1 |
| STATE STREET CORP added | 6,894,143 | $163M | 2.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 6,801,369 | $161M | 2.0% | 2026-Q1 |
| O'Connor Alternative Investments LLC new | 6,409,535 | $152M | 1.9% | 2026-Q1 |
| Starboard Value LP trimmed | 5,459,031 | $129M | 1.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 5,258,445 | $124M | 1.6% | 2026-Q1 |
| TIG Advisors, LLC added | 5,017,185 | $119M | 1.5% | 2026-Q1 |
| Blackstone Inc. | 4,067,360 | $96M | 1.2% | 2026-Q1 |
| NEXPOINT ASSET MANAGEMENT, L.P. added | 4,004,230 | $95M | 1.2% | 2026-Q1 |
| Kryger Capital LLC new | 3,817,188 | $90M | 1.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 3,625,230 | $86M | 1.1% | 2026-Q1 |
| Polar Asset Management Partners Inc. added | 3,622,500 | $86M | 1.1% | 2026-Q1 |
| NORGES BANK trimmed | 3,172,645 | $85M | 1.1% | 2026-Q1 |
| Man Group plc added | 3,577,912 | $85M | 1.1% | 2026-Q1 |
| AQR Arbitrage LLC added | 3,295,740 | $78M | 1.0% | 2026-Q1 |
| SOROS FUND MANAGEMENT LLC added | 2,941,405 | $70M | 0.9% | 2026-Q1 |
| Davidson Kempner Capital Management LP added | 2,863,317 | $68M | 0.8% | 2026-Q1 |
| Verition Fund Management LLC added | 2,855,891 | $68M | 0.8% | 2026-Q1 |
| Capula Management Ltd added | 2,677,322 | $63M | 0.8% | 2026-Q1 |
| Westchester Capital Management, LLC new | 2,617,694 | $62M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,547,602 | $60M | 0.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 2,546,987 | $60M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 2,507,427 | $59M | 0.7% | 2026-Q1 |
| Melqart Asset Management (UK) Ltd added | 2,265,906 | $54M | 0.7% | 2026-Q1 |
| First Trust Capital Management L.P. added | 2,154,188 | $51M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 2,000,277 | $47M | 0.6% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 1,851,536 | $45M | 0.6% | 2026-Q1 |
| CAXTON ASSOCIATES LLP added | 1,790,121 | $42M | 0.5% | 2026-Q1 |
| Birnam Oak Advisors, LP new | 1,719,139 | $41M | 0.5% | 2026-Q1 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC new | 1,605,137 | $38M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 1,605,137 | $38M | 0.5% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 1,530,460 | $36M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,468,417 | $35M | 0.4% | 2026-Q1 |
| LMR Partners LLP added | 1,452,700 | $34M | 0.4% | 2026-Q1 |
| Calamos Advisors LLC new | 1,377,682 | $33M | 0.4% | 2026-Q1 |
| HHLR ADVISORS, LTD. | 1,365,971 | $32M | 0.4% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC trimmed | 1,318,897 | $31M | 0.4% | 2026-Q1 |
| Woodline Partners LP added | 1,290,000 | $31M | 0.4% | 2026-Q1 |
| ALPINE ASSOCIATES MANAGEMENT INC. added | 1,265,435 | $30M | 0.4% | 2026-Q1 |
| Capital International Investors trimmed | 1,260,099 | $30M | 0.4% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 1,258,900 | $30M | 0.4% | 2026-Q1 |
| MARSHALL WACE, LLP added | 1,231,836 | $29M | 0.4% | 2026-Q1 |
| Twin Securities, Inc. added | 1,164,090 | $28M | 0.3% | 2026-Q1 |
| Decagon Asset Management LLP new | 1,139,167 | $27M | 0.3% | 2026-Q1 |
| WARBURG PINCUS LLC | 977,455 | $23M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board new | 977,000 | $23M | 0.3% | 2026-Q1 |
| SYQUANT CAPITAL SAS new | 974,549 | $23M | 0.3% | 2026-Q1 |
| Fort Baker Capital Management LP trimmed | 970,611 | $23M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 968,604 | $23M | 0.3% | 2026-Q1 |
| Keenan Capital, LLC trimmed | 960,212 | $23M | 0.3% | 2026-Q1 |
| GABELLI FUNDS LLC added | 940,350 | $22M | 0.3% | 2026-Q1 |
| METEORA CAPITAL, LLC added | 938,659 | $22M | 0.3% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. new | 935,000 | $22M | 0.3% | 2026-Q1 |
| Sand Grove Capital Management LLP new | 930,959 | $22M | 0.3% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 920,728 | $22M | 0.3% | 2026-Q1 |
| Nuveen, LLC trimmed | 905,918 | $21M | 0.3% | 2026-Q1 |
| Tensile Capital Management LP trimmed | 879,674 | $21M | 0.3% | 2026-Q1 |
| Squarepoint Ops LLC added | 861,932 | $20M | 0.3% | 2026-Q1 |
| Weiss Asset Management LP new | 843,439 | $20M | 0.2% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 827,246 | $20M | 0.2% | 2026-Q1 |
| GABELLI & Co INVESTMENT ADVISERS, INC. added | 782,340 | $19M | 0.2% | 2026-Q1 |
| Grandeur Peak Global Advisors, LLC added | 46,026 | $5M | 0.1% | 2026-Q2 (1 quarter ahead of as-of) |
| BARCLAYS PLC trimmed | 711 | $17K | 0.0% | 2026-Q2 (1 quarter ahead of as-of) |
| IFP Advisors, Inc trimmed | 196 | $5K | 0.0% | 2026-Q2 (1 quarter ahead of as-of) |
| HUNTINGTON NATIONAL BANK trimmed | 1 | $25 | 0.0% | 2026-Q2 (1 quarter ahead of as-of) |
| WASATCH ADVISORS LP trimmed | 8,430,212 | $203M | 2.5% | 2025-Q4 stale (1 quarter behind) |
| HMI Capital Management, L.P. added | 6,339,500 | $153M | 1.9% | 2025-Q4 stale (1 quarter behind) |
| Capital World Investors added | 5,882,816 | $142M | 1.8% | 2025-Q4 stale (1 quarter behind) |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 5,880,506 | $142M | 1.8% | 2025-Q4 stale (1 quarter behind) |
| Hood River Capital Management LLC added | 4,304,707 | $104M | 1.3% | 2025-Q4 stale (1 quarter behind) |
| Stephens Investment Management Group LLC added | 3,531,792 | $85M | 1.1% | 2025-Q4 stale (1 quarter behind) |
| BROWN ADVISORY INC added | 2,581,022 | $62M | 0.8% | 2025-Q4 stale (1 quarter behind) |
| KRYGER CAPITAL Ltd new | 2,468,400 | $60M | 0.7% | 2025-Q4 stale (1 quarter behind) |
| Lead Edge Capital Management, LLC | 1,946,446 | $47M | 0.6% | 2025-Q4 stale (1 quarter behind) |
| Allspring Global Investments Holdings, LLC trimmed | 1,684,445 | $41M | 0.5% | 2025-Q4 stale (1 quarter behind) |
| JENNISON ASSOCIATES LLC added | 1,501,384 | $36M | 0.5% | 2025-Q4 stale (1 quarter behind) |
| RIVERBRIDGE PARTNERS LLC trimmed | 1,298,714 | $31M | 0.4% | 2025-Q4 stale (1 quarter behind) |
| Shannon River Fund Management LLC added | 1,236,412 | $30M | 0.4% | 2025-Q4 stale (1 quarter behind) |
| SILVERCREST ASSET MANAGEMENT GROUP LLC added | 1,232,987 | $30M | 0.4% | 2025-Q4 stale (1 quarter behind) |
| Clearbridge Investments, LLC added | 1,039,953 | $25M | 0.3% | 2025-Q4 stale (1 quarter behind) |
| PALISADE CAPITAL MANAGEMENT, LP added | 1,017,690 | $25M | 0.3% | 2025-Q4 stale (1 quarter behind) |
| CONGRESS ASSET MANAGEMENT CO added | 839,499 | $20M | 0.3% | 2025-Q4 stale (1 quarter behind) |
| MACQUARIE GROUP LTD trimmed | 4,929,493 | $89M | 1.1% | 2025-Q3 stale (2 quarters behind) |
| T. Rowe Price Investment Management, Inc. added | 2,950,971 | $53M | 0.7% | 2025-Q3 stale (2 quarters behind) |
| Sea Cliff Partners Management, LP added | 1,101,680 | $20M | 0.2% | 2025-Q3 stale (2 quarters behind) |
| LOOMIS SAYLES & CO L P trimmed | 2,645,199 | $58M | 0.7% | 2025-Q2 stale (3 quarters behind) |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 2,336,475 | $51M | 0.6% | 2025-Q2 stale (3 quarters behind) |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC added | 1,366,580 | $30M | 0.4% | 2025-Q2 stale (3 quarters behind) |
| JUPITER ASSET MANAGEMENT LTD new | 988,538 | $22M | 0.3% | 2025-Q2 stale (3 quarters behind) |
1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: VANGUARD GROUP INC (last filed 2025-Q4, 33,311,706 shares) reconciles to its 3 current affiliates (33,391,545 shares) — 0.240% apart.
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.