Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CLEARWATER ANALYTICS HLDGS I (CWAN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +66
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — CWAN

Based on 376 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CWAN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
376 hedge funds hold CWAN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+51 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

257 buying172 selling
Last quarter: 257 funds were net buyers (133 opened a brand new position + 124 added to an existing one). Only 172 were sellers (105 trimmed + 67 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+88 vs last Q)

new funds entering per quarter
Funds opening a new CWAN position: 73 → 80 → 45 → 133. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 28% long-term, 40% new

■ 28% conviction (2yr+) ■ 32% medium ■ 40% new
Of the 376 current holders: 106 (28%) held >2 years, 120 held 1–2 years, and 150 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +53% but shares only +15% — price-driven

Value
+53%
Shares
+14%
Last quarter: the total dollar value of institutional holdings rose +53%, but actual share count only changed +15%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

97 → 73 → 80 → 45 → 133 new funds/Q
New funds entering each quarter: 73 → 80 → 45 → 133. A growing number of institutions are discovering CWAN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 34% veterans, 49% new entrants

■ 34% veterans ■ 18% 1-2yr ■ 49% new
Of 408 current holders: 137 (34%) held 2+ years, 72 held 1–2 years, 199 (49%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
45 of 376 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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: CWAN

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

Market Analysis: CWAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CWAN

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

25 top-rated funds 3 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: CWAN
2026 Q1 Stats Unlock in 11 days 408 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 408 324 25.93%
13F Shares 323M 282M 14.58%
Total Value $7.44B $4.85B 53.22%
New Positions 142 48 +94
Increased Positions 159 149 +10
Closed Positions 69 110 -41
Reduced Positions 117 126 -9
Total Calls 26 10 160.0%
Total Puts 15 7 114.29%
PUT/CALL Ratio 0.58 0.7 Bullish

Statistics: CWAN

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

408 + investors

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

Top 25 institutional holders of CWAN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CIBRA Capital Ltd 5.23% 458,424 $10.8M
2 SYQUANT CAPITAL SAS 3.60% 974,549 $23K
3 T3 Companies, LLC 2.71% 88,000 $2.1M
4 FNY Investment Advisers, LLC 2.21% 213,500 $5K
5 ALPINE ASSOCIATES MANAGEMENT INC. 1.76% 1,265,435 $29.9M
6 Kapitalo Investimentos Ltda 1.44% 324,166 $7.7M
7 GARDNER LEWIS ASSET MANAGEMENT L P 1.37% 267,300 $6.3M
8 BCK CAPITAL MANAGEMENT LP 1.29% 12,500 $296K
9 Cannon Global Investment Management, LLC 0.97% 20,900 $494K
10 SUMMIT SECURITIES GROUP LLC 0.66% 227,400 $5.4M
11 TEALWOOD ASSET MANAGEMENT INC 0.65% 60,244 $1K
12 CREDIT INDUSTRIEL ET COMMERCIAL 0.57% 311,432 $7.4M
13 SUMMIT SECURITIES GROUP LLC 0.53% 182,500 $4.3M
14 Yorktown Management & Research Co Inc 0.33% 16,700 $395K
15 Conestoga Capital Advisors, LLC 0.30% 633,523 $15.0M
16 Paradiem, LLC 0.20% 37,886 $896K
17 OAK RIDGE INVESTMENTS LLC 0.15% 95,087 $2.2M
18 R Squared Ltd 0.13% 9,626 $228K
19 BLUEFIN CAPITAL MANAGEMENT, LLC 0.12% 20,000 $482K
20 Calamos Advisors LLC 0.12% 1,377,682 $32.6M
21 SUMMIT SECURITIES GROUP LLC 0.09% 31,000 $733K
22 Abel Hall, LLC 0.09% 16,929 $400K
23 Aaron Wealth Advisors LLC 0.07% 52,902 $1.3M
24 Alberta Investment Management Corp 0.07% 500,000 $11.8M
25 Covestor Ltd 0.05% 3,232 —
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 — CLEARWATER ANALYTICS HLDGS I (CWAN)

What does the Smart Money Trend signal show for CWAN?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CWAN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CWAN?

More buyers than sellers — 60% buying: Last quarter: 257 funds were net buyers (133 opened a brand new position + 124 added to an existing one). Only 172 were sellers (105 trimmed + 67 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CWAN holders?

Strong quality — 37% AUM from major funds: 45 of 376 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CWAN?

Mixed — 28% long-term, 40% new: Of the 376 current holders: 106 (28%) held >2 years, 120 held 1–2 years, and 150 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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.