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CWAN

Clearwater Analytics

Delisted

CWAN was delisted on the 24th of June, 2026.

384 hedge funds and large institutions have $7.55B invested in Clearwater Analytics in 2025 Q4 according to their latest regulatory filings, with 129 funds opening new positions, 130 increasing their positions, 104 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more call options, than puts

Call options by funds: $223M | Put options by funds: $99.5M

100% more funds holding in top 10

Funds holding in top 10: 918 (+9)

82% more first-time investments, than exits

New positions opened: 129 | Existing positions closed: 71

49% more capital invested

Capital invested by funds: $5.05B → $7.55B (+$2.5B)

25% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 104

17% more funds holding

Funds holding: 329384 (+55)

11.26% more ownership

Funds ownership: 97.35%108.61% (+11%)

Holders
384
Holders Change
+55
Holders Change %
+16.72%
% of All Funds
4.65%
Holding in Top 10
18
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+100%
% of All Funds
0.22%
New
129
Increased
130
Reduced
104
Closed
71
Calls
$223M
Puts
$99.5M
Net Calls
+$123M
Net Calls Change
+$88.8M
Name Holding Trade Value Shares
Change
Change in
Stake
SOW
201
State of Wyoming
Wyoming
$1.34M +$761K +37,998 +216%
FLC
202
Fifth Lane Capital
Texas
$1.33M +$1.1M +55,000 New
SGM
203
Scalar Gauge Management
Texas
$1.33M +$1.1M +55,000 New
Janney Montgomery Scott
204
Janney Montgomery Scott
Pennsylvania
$1.31M +$1.09M +54,414 New
CAPTRUST Financial Advisors
205
CAPTRUST Financial Advisors
North Carolina
$1.31M +$169K +8,428 +18%
Nomura Holdings
206
Nomura Holdings
Japan
$1.27M +$1.05M +52,500 New
AWA
207
Aaron Wealth Advisors
Illinois
$1.26M +$191K +9,525 +22%
Dimensional Fund Advisors
208
Dimensional Fund Advisors
Texas
$1.25M -$4.08M -203,484 -80%
ProShare Advisors
209
ProShare Advisors
Maryland
$1.23M +$177K +8,816 +21%
DWM
210
Diversify Wealth Management
Utah
$1.22M +$31.1K +1,554 +3%
COPPSERS
211
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.21M +$1M +50,000 New
DS
212
DRW Securities
Illinois
$1.21M +$1M +50,000 New
TS
213
Twin Securities
New York
$1.19M +$988K +49,314 New
RAM
214
Resona Asset Management
Japan
$1.12M +$23.8K +1,186 +3%
IC
215
IEQ Capital
California
$1.11M +$580K +28,940 +169%
Allianz Asset Management
216
Allianz Asset Management
Germany
$1.1M -$2.31M -115,521 -72%
Rockefeller Capital Management
217
Rockefeller Capital Management
New York
$1.08M +$198K +9,890 +28%
P
218
Paradiem
Louisiana
$1.07M -$2.76K -138 -0.3%
ZBNA
219
Zions Bancorporation, National Association
Utah
$1.05M -$92.2K -4,604 -10%
Bank of Montreal
220
Bank of Montreal
Ontario, Canada
$1.05M +$125K +6,227 +17%
Pictet Asset Management
221
Pictet Asset Management
Switzerland
$1.05M +$129K +6,426 +17%
VC
222
VarCov Co
Connecticut
$1.04M +$865K +43,174 New
MCM
223
Moore Capital Management
New York
$1.02M +$844K +42,118 New
State of Wisconsin Investment Board
224
State of Wisconsin Investment Board
Wisconsin
$953K -$82.2K -4,104 -9%
WAM
225
Wolverine Asset Management
Illinois
$907K +$753K +37,600 New

CWAN Hedge Fund Activity: Q4 2025 in Review

384 of the 8,252 institutional investors tracked by Wall St. Rank reported a position in Clearwater Analytics (CWAN) for Q4 2025, worth a combined $7.55B — up 49% from $5.05B a quarter earlier.

Buyers outnumbered sellers: 129 funds opened new CWAN positions and 71 closed out — a net gain of 58 holders — while 130 added to existing stakes and 104 trimmed.

The largest buyer was Starboard Value, opening a new position worth an estimated $199M. The largest seller was Wellington Management Group, cutting an estimated $260M.

  • 384 institutional investors held Clearwater Analytics (CWAN) as of Q4 2025, up from 329 in Q3 2025.
  • Funds reported $7.55B of Clearwater Analytics stock for Q4 2025, up 49% quarter-over-quarter.
  • 129 funds opened new Clearwater Analytics positions in Q4 2025 and 71 closed out, a net change of +58 holders.
  • The largest Clearwater Analytics buyer in Q4 2025 was Starboard Value, an estimated $199M added.
  • The largest Clearwater Analytics seller in Q4 2025 was Wellington Management Group, an estimated $260M sold.

Based on aggregated 13F filings for Q4 2025.