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Clearwater Analytics Holdings, Inc.

CWANDelisted Jun 25, 2026
Industry
Services-Prepackaged Software
SEC CIK
0001866368

Clearwater Analytics Holdings, Inc. was delisted on Jun 25, 2026; its insiders filed their last Form 4 on Jun 25, 2026; 330 institutions reported holding it in 13F filings for Q1 2026, worth $7.25B in total; 3 superinvestors held it, including Starboard Value and Soros Fund Management.

13F holders, Q4 2025

Institutional positions in Clearwater Analytics Holdings, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
384
+58 vs. Q3 2025
Shares held
313.0M
+33.0M (+11.8%) vs. Q3 2025
Total value
$7.55B
+$2.50B (+49.6%) vs. Q3 2025
New holders
129
130 more added
Sold out
71
104 more reduced

3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CWAN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 384 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 80 institutionsQ4 2021: 69 institutionsQ1 2022: 69 institutionsQ2 2022: 112 institutionsQ3 2022: 88 institutionsQ4 2022: 99 institutionsQ1 2023: 122 institutionsQ2 2023: 121 institutionsQ3 2023: 139 institutionsQ4 2023: 201 institutionsQ1 2024: 211 institutionsQ2 2024: 229 institutionsQ3 2024: 266 institutionsQ4 2024: 353 institutionsQ1 2025: 370 institutionsQ2 2025: 398 institutionsQ3 2025: 329 institutionsQ4 2025: 384 institutionsQ1 2026: 330 institutionsQ2 2026: 3 institutions
Value heldQ4 2025: $7.55B
Q1 2021: $0Q2 2021: $0Q3 2021: $955.5MQ4 2021: $1.14BQ1 2022: $1.17BQ2 2022: $678.4MQ3 2022: $1.01BQ4 2022: $1.15BQ1 2023: $1.24BQ2 2023: $1.40BQ3 2023: $1.81BQ4 2023: $3.07BQ1 2024: $3.08BQ2 2024: $3.50BQ3 2024: $5.00BQ4 2024: $6.15BQ1 2025: $6.34BQ2 2025: $6.18BQ3 2025: $5.05BQ4 2025: $7.55BQ1 2026: $7.25BQ2 2026: $21.7K
Institutions holding CWAN and their total value by quarter
QuarterHoldersValue
Q2 20263$21.7K
Q1 2026330$7.25B
Q4 2025384$7.55B
Q3 2025329$5.05B
Q2 2025398$6.18B
Q1 2025370$6.34B
Q4 2024353$6.15B
Q3 2024266$5.00B
Q2 2024229$3.50B
Q1 2024211$3.08B
Q4 2023201$3.07B
Q3 2023139$1.81B
Q2 2023121$1.40B
Q1 2023122$1.24B
Q4 202299$1.15B
Q3 202288$1.01B
Q2 2022112$678.4M
Q1 202269$1.17B
Q4 202169$1.14B
Q3 202180$955.5M
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Clearwater Analytics Holdings, Inc.; share changes are against Q3 2025.

Institutions holding CWAN in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Citigroup Inc388,094$9.36M0.01%+143,753+58.8%Added
AQR Capital Management LLC385,083$9.29M0.00%+133,030+52.8%Added
Alpine Associates Management Inc.385,000$9.29M0.63%+385,000New
Maven Securities LTD375,000$9.04M1.15%+375,000New
HBK Investments L P373,303$9.00M0.10%+373,303New
California Public Employees Retirement System363,465$8.77M0.01%+84,445+30.3%Added
Summit Creek Advisors LLC362,151$8.74M1.37%−17,005−4.5%Reduced
Qube Research & Technologies Ltd358,205$8.64M0.01%−1,746,717−83.0%Reduced
Neuberger Berman Group LLC352,799$8.51M0.01%+600.0%Added
Potrero Capital Research LLC350,000$8.44M2.84%+350,000New
Meteora Capital, LLC347,000$8.37M0.70%+347,000New
Arnhold LLC346,510$8.36M0.63%+346,510New
Natixis341,200$8.23M0.03%+341,200New
Royal Bank of Canada336,918$8.13M0.00%−1,038,554−75.5%Reduced
Legal & General Group Plc332,979$8.03M0.00%+35,520+11.9%Added
Rhumbline Advisers332,499$8.02M0.01%−21,639−6.1%Reduced
Gabelli Funds LLC328,200$7.92M0.05%+328,200New
Slotnik Capital, LLC320,000$7.72M2.11%+320,000New
Alliancebernstein L.P.312,628$7.54M0.00%+24,392+8.5%Added
Carmignac Gestion288,126$6.95M0.09%+288,126New
Granite Investment Partners, LLC284,213$6.86M0.41%−27,855−8.9%Reduced
Ovata Capital Management Ltd282,380$6.81M0.83%+282,380New
Centiva Capital, LP280,000$6.75M0.41%+280,000New
California State Teachers Retirement System271,599$6.55M0.01%+29,779+12.3%Added
Gabelli & Co Investment Advisers, Inc.267,800$6.46M0.97%+267,800New
Fred Alger Management, LLC260,908$6.29M0.02%−292,812−52.9%Reduced
Picton Mahoney Asset Management250,000$6.03M0.07%+250,000New
Irenic Capital Management LP250,000$6.03M0.79%+250,000New
Chase Investment Counsel Corp237,532$5.73M1.60%+237,532New
Stifel Financial Corp237,009$5.72M0.01%+201,524+567.9%Added
Walleye Trading LLC226,028$5.45M0.09%+226,028New
LMR Partners LLP225,000$5.43M0.05%−25,000−10.0%Reduced
Bullseye Asset Management LLC218,699$5.28M2.84%+20,000+10.1%Added
Victory Capital Management Inc217,100$5.24M0.00%−238,151−52.3%Reduced
Vestcor Inc205,000$4.95M0.14%+205,000New
Invesco Ltd.200,930$4.85M0.00%−14,293−6.6%Reduced
Toronto Dominion Bank200,000$4.82M0.01%+199,990+1,999,900.0%Added
Creative Planning196,157$4.73M0.00%+147,431+302.6%Added
Universal- Beteiligungs- und Servicegesellschaft mbH188,245$4.54M0.01%+48,045+34.3%Added
Gardner Lewis Asset Management L P176,000$4.25M1.08%+176,000New
Scotia Capital Inc.166,564$4.02M0.02%+1,825+1.1%Added
Versor Investments LP163,046$3.93M0.61%+163,046New
Boothbay Fund Management, LLC159,620$3.85M0.10%+141,702+790.8%Added
Russell Investments Group, Ltd.159,602$3.85M0.00%+7,933+5.2%Added
Norwood Investment Partners, LP159,000$3.84M4.32%−694,531−81.4%Reduced
MetLife Investment Management153,995$3.71M0.02%+9,273+6.4%Added
Sagefield Capital LP152,268$3.67M0.31%+152,268New
Schonfeld Strategic Advisors LLC148,471$3.58M0.02%+118,642+397.7%Added
Steamboat Capital Partners, LLC147,349$3.55M0.98%+147,349New
B. Metzler seel. Sohn & Co. AG146,968$3.54M0.03%+3,264+2.3%Added
FTV Management Company, L.P.146,742$3.54M0.54%−100,000−40.5%Reduced
Manufacturers Life Insurance Company, The144,445$3.48M0.00%+4,338+3.1%Added
Oppenheimer Asset Management Inc.141,586$3.42M0.04%+2,441+1.8%Added
Advisor Group Holdings, Inc.137,408$3.31M0.00%−4,047−2.9%Reduced
Squarepoint Ops LLC133,000$3.21M0.01%−459,872−77.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.129,642$3.13M0.00%+14,959+13.0%Added
Capricorn Fund Managers Ltd124,611$3.01M0.72%+124,611New
Capula Management Ltd124,360$3.00M0.02%+124,360New
Dark Forest Capital Management LP123,581$2.98M0.14%+7,195+6.2%Added
Intech Investment Management LLC123,489$2.98M0.03%−14,961−10.8%Reduced
Advisors Capital Management, LLC120,576$2.91M0.03%−4,330−3.5%Reduced
State of New Jersey Common Pension Fund D103,546$2.50M0.01%−4,978−4.6%Reduced
Teacher Retirement System of Texas102,588$2.47M0.01%−24,308−19.2%Reduced
Voya Investment Management LLC101,543$2.45M0.00%−112,108−52.5%Reduced
LPL Financial LLC100,139$2.42M0.00%−4,339−4.2%Reduced
D. E. Shaw & Co., Inc.95,117$2.29M0.00%+95,117New
Pathstone Holdings, LLC93,404$2.25M0.01%−4,567−4.7%Reduced
Mairs & Power Inc92,510$2.23M0.02%−1,765−1.9%Reduced
Formula Growth Ltd87,883$2.12M0.82%−112,117−56.1%Reduced
SG Americas Securities, LLC84,719$2.04M0.00%−17,054−16.8%Reduced
First Trust Advisors LP84,524$2.04M0.00%+84,524New
Scholtz & Company, LLC83,515$2.01M0.87%−18,096−17.8%Reduced
DLD Asset Management, LP83,300$2.01M0.21%+83,300New
Handelsbanken Fonder AB83,200$2.01M0.01%−41,500−33.3%Reduced
Public Employees Retirement System of Ohio82,065$1.98M0.01%−38,988−32.2%Reduced
Arizona State Retirement System81,701$1.97M0.01%+5,592+7.3%Added
Rangeley Capital, LLC80,000$1.93M1.66%+80,000New
Sterling Capital Management LLC74,835$1.81M0.03%+1,226+1.7%Added
Police & Firemen's Retirement System of New Jersey74,354$1.79M0.01%+6,070+8.9%Added
Jain Global LLC73,799$1.78M0.02%−264,813−78.2%Reduced
Walleye Capital LLC73,652$1.78M0.01%+47,852+185.5%Added
Prelude Capital Management, LLC73,412$1.77M0.13%+73,412New
Johnson Investment Counsel Inc73,073$1.76M0.01%+1,046+1.5%Added
BNP Paribas Arbitrage, SA72,420$1.75M0.00%−432,033−85.6%Reduced
Select Asset Management & Trust71,299$1.72M0.53%00.0%Unchanged
Nine Masts Capital Ltd69,323$1.67M0.29%+69,323New
Cim, LLC68,856$1.66M0.22%+2,672+4.0%Added
Cetera Investment Advisers67,841$1.64M0.00%−3,169−4.5%Reduced
Brevan Howard Capital Management LP66,347$1.60M0.03%+29,702+81.1%Added
Oak Ridge Investments LLC65,929$1.59M0.10%−30,186−31.4%Reduced
Brinker Capital Investments, LLC64,157$1.55M0.01%−5,103−7.4%Reduced
Teachers Retirement System of the State of Kentucky62,472$1.51M0.01%00.0%Unchanged
Tealwood Asset Management Inc62,121$1.50M0.67%+62,121New
Quantinno Capital Management LP61,655$1.49M0.00%+7,030+12.9%Added
KLP Kapitalforvaltning AS61,376$1.48M0.01%+7,700+14.3%Added
Rice Hall James & Associates, LLC60,821$1.47M0.08%+60,821New
Aviso Financial Inc.60,558$1.46M0.06%−1,745−2.8%Reduced
Truist Financial Corp60,326$1.46M0.00%−2,225−3.6%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)58,323$1.41M0.00%+9,536+19.5%Added
Allianz SE56,100$1.35M0.02%+56,100New