Clearwater Analytics
CWAN
CWAN was delisted on the 24th of June, 2026.
398 hedge funds and large institutions have $6.18B invested in Clearwater Analytics in 2025 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 200 increasing their positions, 95 reducing their positions, and 48 closing their positions.
708% more call options, than puts
Call options by funds: $34.7M | Put options by funds: $4.29M
111% more repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 95
67% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 48
8% more funds holding
Funds holding: 370 → 398 (+28)
1.28% more ownership
Funds ownership: 109.41% → 110.69% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3% less capital invested
Capital invested by funds: $6.39B → $6.18B (-$212M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$125M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$107M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$104M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$93.1M |
| 5 |
Millennium Management
New York
|
+$72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PH
Permira Holdings
St. Peter Port,
Guernsey
|
-$214M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$62.6M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$41.8M |
| 4 |
Renaissance Technologies
New York
|
-$30.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$29.5M |
CWAN Hedge Fund Activity: Q2 2025 in Review
398 of the 7,604 institutional investors tracked by Wall St. Rank reported a position in Clearwater Analytics (CWAN) for Q2 2025, worth a combined $6.18B — down 3.3% from $6.39B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new CWAN positions and 48 closed out — a net gain of 32 holders — while 200 added to existing stakes and 95 trimmed.
The largest buyer was BlackRock, adding an estimated $125M. The largest seller was Permira Holdings, exiting entirely with an estimated $214M sold.
- 398 institutional investors held Clearwater Analytics (CWAN) as of Q2 2025, up from 370 in Q1 2025.
- Funds reported $6.18B of Clearwater Analytics stock for Q2 2025, down 3.3% quarter-over-quarter.
- 80 funds opened new Clearwater Analytics positions in Q2 2025 and 48 closed out, a net change of +32 holders.
- The largest Clearwater Analytics buyer in Q2 2025 was BlackRock, an estimated $125M added.
- The largest Clearwater Analytics seller in Q2 2025 was Permira Holdings, an estimated $214M sold.
Based on aggregated 13F filings for Q2 2025.