Clearwater Analytics Holdings, Inc. - Common Stock (CWAN) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2021 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
CWAN on NYSE
Shares outstanding
284,432,000
Price per share
$24.13
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
311,506,870
Total reported value
$7,513,529,435
% of total 13F portfolios
0.02%
Share change
+30,234,447
Value change
+$838,178,346
Number of holders
379
Price from insider filings
$24.13
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Clearwater Analytics Holdings, Inc. - Common Stock (CWAN) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 4.6% -18% $227,992,718 -$23,008,218 10,026,065 -9.2% Kayne Anderson Rudnick Investment Management, LLC 31 Mar 2025
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 4.8% $214,013,098 9,411,306 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 31 Dec 2024
WASATCH ADVISORS LP 4.3% -33% $211,316,612 -$71,027,912 9,292,727 -25% WASATCH ADVISORS LP 31 Mar 2025
Galibier Purchaser, LLC 4.4% $181,545,540 7,983,533 Galibier Purchaser, LLC 31 Dec 2024
WELLINGTON MANAGEMENT GROUP LLP 1.7% -75% $116,483,437 -$312,166,820 4,835,344 -73% Wellington Management Group LLP 31 Dec 2025
WCAS XIII CARBON ANALYTICS ACQUISITION, L.P. 1.6% -75% $107,264,046 -$314,559,375 4,820,856 -75% WCAS XIII Carbon Analytics Acquisition, L.P. 30 Jun 2025

As of 31 Dec 2025, 379 institutional investors reported holding 311,506,870 shares of Clearwater Analytics Holdings, Inc. - Common Stock (CWAN). This represents 110% of the company’s total 284,432,000 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Clearwater Analytics Holdings, Inc. - Common Stock (CWAN) together control 69% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 12% 33,311,706 +0.15% 0.01% $803,478,350
BlackRock, Inc. 9.2% 26,231,892 +11% 0.01% $632,713,235
PRICE T ROWE ASSOCIATES INC /MD/ 4.8% 13,715,837 +12% 0.04% $330,827,000
Starboard Value LP 3.5% 9,959,031 4.5% $240,211,828
WASATCH ADVISORS LP 3% 8,430,212 -8.4% 1.2% $203,336,713
MORGAN STANLEY 2.8% 7,855,686 +16% 0.01% $189,479,186
BAMCO INC /NY/ 2.7% 7,816,447 +1.8% 0.51% $188,532,702
NORGES BANK 2.7% 7,639,740 0.02% $184,270,529
GEODE CAPITAL MANAGEMENT, LLC 2.3% 6,590,192 +6.5% 0.01% $158,984,166
STATE STREET CORP 2.3% 6,435,955 +10% 0.01% $155,235,235
HMI Capital Management, L.P. 2.2% 6,339,500 +18% 13% $152,908,740
Conestoga Capital Advisors, LLC 2.1% 6,097,771 -9.1% 2.5% $147,078,237
Capital World Investors 2.1% 5,882,816 +55% 0.02% $141,893,522
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 2.1% 5,880,506 -31% 0.4% $141,837,805
UBS Group AG 1.8% 5,219,896 +21% 0.02% $125,903,892
WELLINGTON MANAGEMENT GROUP LLP 1.7% 4,835,344 -73% 0.02% $116,628,497
JPMORGAN CHASE & CO 1.6% 4,564,011 -33% 0.01% $110,083,946
Hood River Capital Management LLC 1.5% 4,304,707 +5.9% 1.1% $103,829,533
Blackstone Inc. 1.4% 4,067,360 0% 0.43% $98,104,723
Keenan Capital, LLC 1.3% 3,660,973 16% $88,302,669
Stephens Investment Management Group LLC 1.2% 3,531,792 +19% 1.1% $85,186,823
Balyasny Asset Management L.P. 1.2% 3,487,790 +1758% 0.16% $84,125,495
JANUS HENDERSON GROUP PLC 1.2% 3,482,693 +26% 0.04% $84,001,898
BLAIR WILLIAM & CO/IL 1.2% 3,372,960 -53% 0.22% $81,355,786
GOLDMAN SACHS GROUP INC 1.2% 3,287,261 +25% 0.01% $79,288,735

Institutional Holders of Clearwater Analytics Holdings, Inc. - Common Stock (CWAN) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 311,506,870 $7,513,529,435 +$838,178,346 $24.12 379
2025 Q3 280,276,965 $5,050,859,578 -$93,773,562 $18.02 325
2025 Q2 281,730,708 $6,177,776,272 +$988,765,481 $21.93 393
2025 Q1 233,269,294 $6,249,732,011 +$254,054,733 $26.80 365
2024 Q4 223,285,218 $6,144,169,901 +$649,507,774 $27.52 348
2024 Q3 198,101,538 $5,002,223,208 +$215,789,547 $25.25 263
2024 Q2 188,825,174 $3,497,044,257 +$280,046,725 $18.52 227
2024 Q1 173,885,634 $3,075,727,623 +$353,672,621 $17.69 210
2023 Q4 153,070,723 $3,065,760,415 +$675,558,372 $20.03 201
2023 Q3 93,705,809 $1,812,257,621 +$119,421,200 $19.34 138
2023 Q2 87,939,204 $1,395,669,013 +$159,703,468 $15.87 121
2023 Q1 77,864,774 $1,242,710,053 +$258,998,018 $15.96 122
2022 Q4 61,501,390 $1,153,165,271 +$55,097,852 $18.75 99
2022 Q3 60,279,801 $1,011,811,642 +$48,885,337 $16.79 87
2022 Q2 56,339,062 $678,421,400 +$6,190,332 $12.04 109
2022 Q1 55,765,887 $1,171,088,227 +$119,495,332 $21.00 68
2021 Q4 49,899,160 $1,141,872,988 +$275,967,505 $22.98 69
2021 Q3 37,460,511 $955,524,000 +$955,523,995 $25.61 79