Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CDW CORP (CDW)

752 + Investors. Track Smart Money conviction in CDW. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -22
Streak
2Q ▼
Buyers last Q
44%

Smart Money Signals — CDW

Based on 740 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their CDW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 88% of 3.0Y peak

88% of all-time peak
740 funds currently hold this stock — 88% of the 3.0-year high of 843 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

fund count last 6Q
50 fewer hedge funds hold CDW compared to a year ago (-6% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

342 buying439 selling
Last quarter: 439 funds reduced or exited vs 342 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new CDW position: 103 → 105 → 88 → 103. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 16% medium ■ 13% new
528 out of 740 hedge funds have held CDW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~103 new funds/quarter

93 → 103 → 105 → 88 → 103 new funds/Q
New funds entering each quarter: 103 → 105 → 88 → 103. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 73% of holders stayed 2+ years

■ 73% veterans ■ 9% 1-2yr ■ 18% new
Of 752 current holders: 549 (73%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
44 of 740 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in CDW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: CDW

How many hedge funds hold CDW — quarterly history vs. share price
Quarterly hedge fund ownership of CDW vs. share price

Market Analysis: CDW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CDW

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

92 top-rated funds 7 high-conviction
Consensus
8.5
/ 10
breadth
×
Elite
3.8
/ 10
conviction
Hedge Fund Positioning: CDW
2026 Q1 Stats Unlock in 11 days 752 + Investors

Track Smart Money conviction in CDW. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 752 779 -3.47%
13F Shares 122M 121M 0.8%
Total Value $16.42B $19.08B -13.94%
New Positions 103 88 +15
Increased Positions 253 285 -32
Closed Positions 130 125 +5
Reduced Positions 329 329 -
Total Calls 8 10 -20.0%
Total Puts 5 9 -44.44%
PUT/CALL Ratio 0.62 0.9 Bullish

Statistics: CDW

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

752 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CDW. Verified SEC 13F-HR filings.

Top 25 institutional holders of CDW — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Triad Investment Management 3.46% 76,123 $9.4M
2 Unison Asset Management LLC 2.73% 49,310 $6.0M
3 Graphene Investments SAS 2.05% 25,300 $3.1M
4 Crescent Grove Advisors, LLC 2.00% 171,968 $20.8M
5 Madison Asset Management, LLC 1.66% 1,105,086 $133.7M
6 Mondrian Investment Partners LTD 1.41% 779,177 $94.3M
7 Board of the Pension Protection Fund 1.32% 11,900 $1.4M
8 ATWOOD & PALMER INC 1.09% 159,131 $19.3M
9 SHAYNE & JACOBS, LLC 0.99% 26,530 $3.2M
10 CABOT WEALTH MANAGEMENT INC 0.98% 70,093 $8.5M
11 Bell Asset Management Ltd 0.95% 26,706 $3.2M
12 Sawyer & Company, Inc 0.92% 19,774 $2.4M
13 Mawer Investment Management Ltd. 0.82% 1,051,495 $127.3M
14 Kepler Cheuvreux (Suisse) SA 0.73% 90,478 $10.9M
15 Seascape Capital Management 0.69% 19,773 $2K
16 Kendall Capital Management 0.67% 26,950 $3.3M
17 Nordwand Advisors, LLC 0.65% 30,862 $3.7M
18 Local Pensions Partnership Investment Ltd 0.65% 249,176 $30.2M
19 Insight Wealth Strategies, LLC 0.64% 47,731 $5.8M
20 Allspring Global Investments Holdings, LLC 0.52% 2,538,130 $308.1M
21 Ridgewood Investments LLC 0.46% 9,200 $1.1M
22 Watershed Asset Management, L.L.C. 0.45% 3,577 $433K
23 PZENA INVESTMENT MANAGEMENT LLC 0.44% 1,115,535 $135.0M
24 DIVERSIFIED MANAGEMENT INC 0.40% 19,356 $2.3M
25 Hixon Zuercher, LLC 0.38% 10,188 $1.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — CDW CORP (CDW)

What does the Smart Money Trend signal show for CDW?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their CDW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CDW?

More sellers than buyers — 44% buying: Last quarter: 439 funds reduced or exited vs 342 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CDW holders?

Elite ownership — 45% AUM from top-100 funds: 44 of 740 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in CDW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CDW?

71% of holders stayed for 2+ years: 528 out of 740 hedge funds have held CDW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.