Clearwater Analytics
CWAN
CWAN was delisted on the 24th of June, 2026.
329 hedge funds and large institutions have $7.25B invested in Clearwater Analytics in 2026 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 104 increasing their positions, 113 reducing their positions, and 130 closing their positions.
56% more funds holding in top 10
Funds holding in top 10: 18 → 28 (+10)
12% more call options, than puts
Call options by funds: $218M | Put options by funds: $195M
4% less capital invested
Capital invested by funds: $7.55B → $7.25B (-$297M)
8% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 113
4.45% less ownership
Funds ownership: 108.61% → 104.16% (-4.4%)
14% less funds holding
Funds holding: 384 → 329 (-55)
38% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
+$320M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$225M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$224M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$208M |
| 5 |
Millennium Management
New York
|
+$185M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$316M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$203M |
| 3 |
BAMCO Inc
New York
|
-$181M |
| 4 |
HCM
HMI Capital Management
San Francisco,
California
|
-$153M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$142M |
CWAN Hedge Fund Activity: Q1 2026 in Review
329 of the 8,169 institutional investors tracked by Wall St. Rank reported a position in Clearwater Analytics (CWAN) for Q1 2026, worth a combined $7.25B — down 3.9% from $7.55B a quarter earlier.
Sellers outnumbered buyers: 130 funds closed out of CWAN and 81 opened new positions — a net loss of 49 holders — while 113 trimmed existing stakes and 104 added.
The largest buyer was HBK Investments, adding an estimated $320M. The largest seller was T. Rowe Price Associates, cutting an estimated $316M.
- 329 institutional investors held Clearwater Analytics (CWAN) as of Q1 2026, down from 384 in Q4 2025.
- Funds reported $7.25B of Clearwater Analytics stock for Q1 2026, down 3.9% quarter-over-quarter.
- 81 funds opened new Clearwater Analytics positions in Q1 2026 and 130 closed out, a net change of -49 holders.
- The largest Clearwater Analytics buyer in Q1 2026 was HBK Investments, an estimated $320M added.
- The largest Clearwater Analytics seller in Q1 2026 was T. Rowe Price Associates, an estimated $316M sold.
Based on aggregated 13F filings for Q1 2026.