Clearwater Analytics Holdings, Inc.
Clearwater Analytics Holdings, Inc. (CWAN) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · CWAN · as of Sep 30, 2025
Ownership Breakdown
348
Institutional Holders
▼ 61 vs Q2
$5.05B
Total Inst. Value
▼ $1.13B vs Q2
297.38M
Shares Outstanding
freeFloat 95.96%
280.33M
13F Shares Held
▼ 1.47M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
CWAN largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
VANGUARD GROUP INC services-prepackaged software | 33.26M | 11.55% | 11.55% | $599.37B | Nov 7, 2025 | ▲ 5.97M |
BLACKROCK, INC. services-prepackaged software | 23.62M | 8.20% | 8.20% | $425.69B | Nov 12, 2025 | ▲ 946.6K |
WELLINGTON MANAGEMENT GROUP LLP services-prepackaged software | 17.79M | 6.18% | 6.18% | $320.64B | Nov 14, 2025 | ▲ 9.27M |
PRICE T ROWE ASSOCIATES INC /MD/ services-prepackaged software | 12.26M | 4.26% | 4.26% | $220.87B | Nov 14, 2025 | ▲ 9.59M |
WASATCH ADVISORS LP services-prepackaged software | 9.21M | 3.20% | 3.20% | $165.93B | Nov 14, 2025 | ▼ 359.2K |
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC services-prepackaged software | 8.58M | 2.98% | 2.98% | $154.55B | Nov 12, 2025 | ▼ 236.5K |
BAMCO INC /NY/ services-prepackaged software | 7.68M | 2.67% | 2.67% | $138.30B | Nov 14, 2025 | ▲ 1.58M |
JPMORGAN CHASE & CO services-prepackaged software | 6.85M | 2.53% | 2.53% | $123.51B | Nov 26, 2025 | ▲ 1.08M |
MORGAN STANLEY services-prepackaged software | 6.78M | 2.51% | 2.51% | $122.19B | May 27, 2026 | ▲ 2.50M |
BLAIR WILLIAM & CO/IL services-prepackaged software | 7.13M | 2.48% | 2.48% | $128.57B | Nov 12, 2025 | ▲ 3.25M |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
32
Increased
+50.62M shares3
New Positions
first time holders13
Decreased
−4.82M shares0
Sold Out
fully exitedNet shares change (top 50)
+45.80M
+50.62M / −4.82M
Net new holders
+22
3 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
CWAN insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
3
Buy transactions
11
Sell transactions
0.27
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
MACKESY D SCOTT director | May 28, 2026 | C-Conversion | 292,180 | — | — | 633.9K | Form 4 ↗ |
MACKESY D SCOTT director | May 28, 2026 | C-Conversion | 292,180 | — | — | 0 | Form 4 ↗ |
MACKESY D SCOTT director | May 28, 2026 | C-Conversion | 292,180 | — | — | 0 | Form 4 ↗ |
Das Souvik Chief Technology Officer | May 8, 2026 | Sale | 10,000 | $24.34 | $243.4K | 190.1K | Form 4 ↗ |
Cox James S Chief Financial Officer | Apr 15, 2026 | Sale | 7,425 | $24.07 | $178.7K | 515.0K | Form 4 ↗ |
Cox James S Chief Financial Officer | Apr 15, 2026 | Sale | 4,870 | $24.07 | $117.2K | 510.1K | Form 4 ↗ |
Cox James S Chief Financial Officer | Apr 15, 2026 | Tax Withhold | 2,387 | $24.06 | $57.4K | 507.7K | Form 4 ↗ |
Cox James S Chief Financial Officer | Apr 15, 2026 | Tax Withhold | 8,271 | $24.07 | $199.1K | 499.4K | Form 4 ↗ |
Cox James S Chief Financial Officer | Apr 15, 2026 | Tax Withhold | 12,610 | $24.07 | $303.5K | 486.8K | Form 4 ↗ |
Cox James S Chief Financial Officer | Apr 15, 2026 | Sale | 1,405 | $24.06 | $33.8K | 485.4K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Clearwater Analytics Holdings, Inc. (CWAN) is primarily owned by institutional investors, who hold approximately 94.3% of total shares outstanding. Company insiders own approximately 4.04%, while retail and public investors account for the remaining 1.69%.
The largest institutional shareholder of Clearwater Analytics Holdings, Inc. is VANGUARD GROUP INC, holding approximately 33.26 million shares — equal to 11.55% of outstanding shares — as of September 30, 2025.
A total of 348 institutional investors currently hold CWAN stock, with a combined institutional value of approximately $5.05 billion as of the most recent 13F filing period.
Frequently asked questions
CWAN ownershipClearwater Analytics Holdings, Inc. (CWAN) is primarily owned by institutional investors, who hold approximately 94.3% of shares. The largest shareholder is VANGUARD GROUP INC with a 11.55% stake. Company insiders hold 4.04%. Data sourced from SEC Form 13F as of September 30, 2025.