Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CWAN held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 28.3M | $668.6M | +7.8% | 9.510% | 0.01% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 18.3M | $432.6M | β | 6.154% | 0.02% |
| 3 | UBS Group AG | 14.7M | $348.7M | +172.3% | 4.959% | 0.05% |
| 4 | HBK INVESTMENTS L P | 13.9M | $328.1M | +3616.8% | 4.667% | 4.27% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 13.1M | $309.8M | β | 4.406% | 0.01% |
| 6 | FIL Ltd | 11.8M | $278.5M | +414.6% | 3.961% | 0.22% |
| 7 | Pentwater Capital Management LP | 11.4M | $269.3M | +337.9% | 3.830% | 1.40% |
| 8 | MILLENNIUM MANAGEMENT LLC | 9.3M | $219.8M | +290.5% | 3.126% | 0.15% |
| 9 | STATE STREET CORP | 6.9M | $163.0M | +7.1% | 2.319% | 0.01% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 6.8M | $160.9M | +3.2% | 2.288% | 0.01% |
| 11 | Starboard Value LP | 5.5M | $129.1M | -45.2% | 1.836% | 2.83% |
| 12 | GOLDMAN SACHS GROUP INC | 5.3M | $124.4M | +60.0% | 1.769% | 0.01% |
| 13 | TIG Advisors, LLC | 5.0M | $118.7M | β | 1.688% | 6.09% |
| 14 | Verition Fund Management LLC | 4.1M | $97.5M | +114.4% | 1.386% | 0.68% |
| 15 | Blackstone Inc | 4.1M | $96.2M | 0.0% | 1.368% | 0.40% |
| 16 | HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. | 4.0M | $94.7M | +168.3% | 1.347% | 6.50% |
| 17 | Kryger Capital LLC | 3.8M | $90.3M | β | 1.284% | 6.38% |
| 18 | Qube Research & Technologies Ltd | 3.6M | $85.7M | +912.0% | 1.220% | 0.10% |
| 19 | Polar Asset Management Partners Inc. | 3.6M | $85.7M | +154.7% | 1.219% | 1.90% |
| 20 | Man Group plc | 3.6M | $84.6M | +417.6% | 1.204% | 0.15% |
| 21 | CNH PARTNERS LLC | 3.3M | $77.9M | +149.7% | 1.109% | 1.28% |
| 22 | SOROS FUND MANAGEMENT LLC | 2.9M | $69.6M | +2.2% | 0.989% | 0.82% |
| 23 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.8M | $66.6M | +16.1% | 0.947% | 0.01% |
| 24 | Capula Management Ltd | 2.7M | $63.3M | +2052.9% | 0.901% | 0.68% |
| 25 | Westchester Capital Management, LLC | 2.6M | $62.0M | β | 0.881% | 2.95% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in CWAN β a direct measure of their conviction.
Filings activity in CWAN during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 319 | 15% | 89.58% | 8.47 pp | $6.48B | 8.6% |
| Q4 2025 | 374 | +18% | 98.05% | +32.36 pp | $7.09B | +49% |
| Q3 2025 | 318 | 18% | 65.69% | 16.82 pp | $4.75B | 20% |
| Q2 2025 | 389 | +9.0% | 82.51% | 1.97 pp | $5.97B | 2.3% |
| Q1 2025 | 357 | +3.5% | 84.48% | +3.97 pp | $6.11B | +4.9% |
| Q4 2024 | 345 | +34% | 80.51% | +13.58 pp | $5.82B | +20% |
| Q3 2024 | 258 | +16% | 66.93% | +20.76 pp | $4.84B | +45% |
| Q2 2024 | 223 | β | 46.17% | β | $3.34B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CWAN stock.
Based on Q1 2026 13F filings, institutional ownership of Clearwater Analytics Holdings, Inc. stands at 89.6%, held across 319 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of CWAN, with approximately 28,270,108 shares worth $0.67B as of Q1 2026.
Yes β 3 widely-followed marquee investors appear among the top 25 institutional holders of CWAN, including MILLENNIUM MANAGEMENT LLC, SOROS FUND MANAGEMENT LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for CWAN is 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
84 institutions opened new positions in CWAN during Q1 2026, while 139 fully exited. 92 added to existing positions and 143 trimmed.
CWAN institutional ownership fell by 8.47 percentage points quarter-over-quarter, with a net change of -55 holders.
The top 10 institutions account for 49.1% of all reported 13F value in CWAN, and the top 25 account for 69.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Clearwater Analytics Holdings, Inc. (CWAN) Institutional Ownership