What does COWA, LLC hold?

COWA, LLC's 13F holdings are disclosed quarterly in Form 13F-HR filings on SEC EDGAR. Full top-holdings list, quarter-over-quarter position changes, and sector allocation breakdown are available at https://13fpro.ai/research/fund/1844480.

What is COWA, LLC's AUM?

COWA, LLC reported approximately $398.6M in 13F-reportable AUM as of 2026-06-30. This figure reflects long US-listed positions disclosed on Form 13F-HR and excludes non-13F-reportable holdings (cash, short positions, certain derivatives, and non-US securities). Separately, the firm reported $529.4M in total regulatory AUM (RAUM) on its most recent Form ADV filing.

Where does 13F Pro source COWA, LLC's holdings?

All COWA, LLC holdings data comes directly from SEC EDGAR Form 13F-HR filings under CIK 1844480. Data refreshes automatically each quarter as new 13F filings are submitted (typically within 45 days of quarter-end). 13F Pro applies no third-party rewrites or estimates.

How often is COWA, LLC's 13F data updated on 13F Pro?

COWA, LLC's holdings update on 13F Pro within hours of each new Form 13F-HR filing on SEC EDGAR. Quarterly position changes, accumulation/distribution flags, and sector allocation are recalculated on each refresh.

COWA, LLC

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1844480

Institutional-grade research for retail investors

Sector Allocation

Other68.8%$274.2M
Industrials8.2%$32.6M
Technology6.6%$26.5M
Financials5.0%$19.8M
Energy4.7%$18.8M
Consumer Staples2.1%$8.6M
Healthcare2.0%$8.1M
Consumer Discretionary0.7%$2.9M
Utilities0.7%$2.6M
Materials0.6%$2.5M

AUM History

13fpro.ai/research/fund/cowa-llc-1844480

Conviction and streaks

Stable · top 10 = 48.4%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

$Conviction hold6.7% weight · held 9 quarters

$Conviction hold6.7% weight · held 10 quarters

$Conviction hold6.6% weight · held 9 quarters

$FIXConviction hold6.2% weight · held 10 quarters

$Conviction hold5.8% weight · held 10 quarters

$Accumulating+396% shares · 9 quarters running

$Accumulating+793% shares · 8 quarters running

$Accumulating+2148% shares · 7 quarters running

$PFEAccumulating+240% shares · 7 quarters running

$Accumulating+3191% shares · 6 quarters running

$IAUTrimming-64% shares · 9 quarters running

$Trimming-49% shares · 7 quarters running

$GLDTrimming-68% shares · 7 quarters running

$SHELTrimming-38% shares · 5 quarters running

$BPTrimming-13% shares · 4 quarters running

Largest positions — Q2 2026

ISHARES
$26.9M
AMERICAN
$26.7M
ISHARES
$26.4M
FIX
$24.7M
DIMENSIONAL
$23.3M
ISHARES
$19.5M
SCHWAB
$13.4M
AAPL
$11.6M
ISHARES
$11.4M
SPDR
$9.1M
ISHARES
$9.0M
SIMPLIFY
$8.4M
ISHARES
$7.9M
AMERICAN
$7.6M
SCHWAB
$7.4M
STATE
$6.3M
DIMENSIONAL
$6.0M
ISHARES
$5.1M
OKE
$5.1M
VANGUARD
$4.5M

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/cowa-llc-1844480

COWA, LLC 13F holdings — Q2 2026

$398.6M portfolio (+7.6% QoQ) · 181 holdings · Q2 2026 13F · top 10 are 48% of the stock portfolio

1
ISHARES TR - IBON 2026 TE ETF
$26.9M
6.7% of stocks
+7%This quarter—Since filed—Held
AIQuality—Est. buy—
2
AMERICAN CENTY ETF TR - US SML CP VALU
$26.7M
6.7% of stocks
-6%This quarter—Since filed—Held
AIQuality—Est. buy—
3
ISHARES TR - IBONDS DEC2026
$26.4M
6.6% of stocks
+7%This quarter—Since filed—Held
AIQuality—Est. buy—
4
COMFORT SYSTEMS USA INC
$FIX
$24.7M
6.2% of stocks
+4%This quarter-27.4%Since filed10+ qtrsHeld
AIQuality81.3#22Est. buyEstimated buy price is Pro: unlock with a free trial
5
DIMENSIONAL ETF TRUST - INTERNATNAL VAL
$23.3M
5.8% of stocks
-3%This quarter—Since filed—Held
AIQuality—Est. buy—
6
ISHARES TR - IBONDS DEC 2032
$19.5M
4.9% of stocks
+6%This quarter—Since filed—Held
AIQuality—Est. buy—
7
SCHWAB STRATEGIC TR - FUND EM EQUI ETF
$13.4M
3.4% of stocks
+5%This quarter—Since filed—Held
AIQuality—Est. buy—
8
Apple Inc.
$AAPL
$11.6M
2.9% of stocks
-7%This quarter+10.1%Since filed10+ qtrsHeld
AIQuality75.7#88Est. buyEstimated buy price is Pro: unlock with a free trial
9
ISHARES TR - INTL SEL DIV ETF
$11.4M
2.9% of stocks
-0.8%This quarter—Since filed—Held
AIQuality—Est. buy—
10
SPDR SERIES TRUST - ST STR SP500DIV
$9.1M
2.3% of stocks
+1%This quarter—Since filed—Held
AIQuality—Est. buy—

#	Company	Value	Weight	This quarter	Since filed	Held	AI quality	Est. buy
1	ISHARES TR - IBON 2026 TE ETF	$26.9M	6.7%	+7%	—	—	—	—
2	AMERICAN CENTY ETF TR - US SML CP VALU	$26.7M	6.7%	-6%	—	—	—	—
3	ISHARES TR - IBONDS DEC2026	$26.4M	6.6%	+7%	—	—	—	—
4	COMFORT SYSTEMS USA INC$FIX	$24.7M	6.2%	+4%	-27.4%	10+ qtrs	81.3#22	Estimated buy price is Pro: unlock with a free trial
5	DIMENSIONAL ETF TRUST - INTERNATNAL VAL	$23.3M	5.8%	-3%	—	—	—	—
6	ISHARES TR - IBONDS DEC 2032	$19.5M	4.9%	+6%	—	—	—	—
7	SCHWAB STRATEGIC TR - FUND EM EQUI ETF	$13.4M	3.4%	+5%	—	—	—	—
8	Apple Inc.$AAPL	$11.6M	2.9%	-7%	+10.1%	10+ qtrs	75.7#88	Estimated buy price is Pro: unlock with a free trial
9	ISHARES TR - INTL SEL DIV ETF	$11.4M	2.9%	-0.8%	—	—	—	—
10	SPDR SERIES TRUST - ST STR SP500DIV	$9.1M	2.3%	+1%	—	—	—	—

All holdings — COWA, LLC (Q2 2026)

Sort

181 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

#		Company						Held		Source
11	—	ISHARES TR - IBONDS DEC 2031etf/fund	—	$9.0M	2.3%	433K	+6%	—	—	13F
12	—	SIMPLIFY EXCHANGE TRADED FUN - MANAGED FUTURES	—	$8.4M	2.1%	323K	+7%	—	—	13F
13	—	ISHARES TR - CORE HIGH DV ETFetf/fund	—	$7.9M	2.0%	288K	+401%	—	—	13F
14	—	AMERICAN CENTY ETF TR - INTL SMCP VLUetf/fund	—	$7.6M	1.9%	74K	-0.7%	—	—	13F
15	—	SCHWAB STRATEGIC TR - FUNDAMENTAL US L	—	$7.4M	1.9%	239K	+0.3%	—	—	13F
16	—	STATE STR SPDR DOW JONES IND - UT SER 1etf/fund	—	$6.3M	1.6%	12K	-3%	—	—	13F
17	—	DIMENSIONAL ETF TRUST - INTL CORE EQT MKetf/fund	—	$6.0M	1.5%	145K	+0.6%	—	—	13F
18	—	ISHARES TR - 0-3 MTH TREASURYetf/fund	—	$5.1M	1.3%	51K	+10%	—	—	13F
19	$OKE	ONEOK INC /NEW/	Energy	$5.1M	1.3%	58K	-1%	10+ qtrs	71.0	13F
20	—	VANGUARD WHITEHALL FDS - INTL HIGH ETFetf/fund	—	$4.5M	1.1%	46K	+2%	—	—	13F
21	—	DIMENSIONAL ETF TRUST - US CORE EQT MKTetf/fund	—	$4.5M	1.1%	87K	+0.5%	—	—	13F
22	$IVZ	Invesco Ltd.	Financials	$4.4M	1.1%	21K	+2%	10+ qtrsAdded 4 qtrs in a row	—	13F
23	—	ALPS ETF TR - ALERIAN MLPetf/fund	—	$3.9M	1.0%	75K	-0.6%	—	—	13F
24	—	SCHWAB STRATEGIC TR - US DIVIDEND EQ	—	$3.8M	0.9%	120K	-0.7%	—	—	13F
25	—	ISHARES TR - CORE MSCI EAFEetf/fund	—	$3.2M	0.8%	33K	+3%	—	—	13F
26	$EPD	ENTERPRISE PRODUCTS PARTNERS L.P.	Energy	$3.0M	0.8%	81K	+7%
27	$NVDA	NVIDIA CORP	Technology	$2.9M	0.7%	15K	-2%
28	—	ISHARES TR - IBONDS 27 ETF	—	$2.8M	0.7%	117K	+23%
29	—	VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US	—	$2.8M	0.7%	33K	+0.0%
30	$UPS	UNITED PARCEL SERVICE INC	Industrials	$2.5M	0.6%	24K	+9%
31	—	ISHARES TR - IBDS DEC28 ETF	—	$2.4M	0.6%	94K	+18%
32	$GLD	SPDR GOLD TRUST	Financials	$2.3M	0.6%	6,308	-2%
33	$IAU	ISHARES GOLD TRUST	Financials	$2.2M	0.6%	29K	-4%
34	$COP	CONOCOPHILLIPS	Energy	$2.1M	0.5%	20K	+0.0%
35	$WT	WisdomTree, Inc.	Financials	$2.1M	0.5%	78K	+42%
36	$SPY	SPDR S&P 500 ETF TRUST	—	$2.0M	0.5%	2,723	-0.9%
37	—	ISHARES TR - IBONDS DEC 2033	—	$2.0M	0.5%	77K	+15%
38	$PWR	QUANTA SERVICES, INC.	Industrials	$2.0M	0.5%	2,731	—
39	$MSFT	MICROSOFT CORP	Technology	$1.9M	0.5%	5,057	-1%
40	—	SPDR SERIES TRUST - ST STR SP REGBNK	—	$1.8M	0.5%	25K	+27%
41	$KMB	KIMBERLY CLARK CORP	Materials	$1.8M	0.5%	17K	+36%
42	$WMT	Walmart Inc.	Consumer Staples	$1.6M	0.4%	14K	—
43	—	ISHARES TR - IBONDS DEC 29	—	$1.5M	0.4%	65K	-2%
44	—	ISHARES TR - CORE S&P500 ETF	—	$1.5M	0.4%	1,983	+9%
45	$CSCO	CISCO SYSTEMS, INC.	Technology	$1.4M	0.3%	12K	-0.8%
46	$ABBV	AbbVie Inc.	Healthcare	$1.4M	0.3%	5,469	-6%
47	—	DIMENSIONAL ETF TRUST - US LARG VALU ETF	—	$1.3M	0.3%	34K	+2%
48	$PSX	Phillips 66	Energy	$1.3M	0.3%	7,868	+0.0%
49	$IBM	INTERNATIONAL BUSINESS MACHINES CORP	Technology	$1.3M	0.3%	4,676	-0.8%
50	—	ISHARES TR - CORE S&P MCP ETF	—	$1.3M	0.3%	17K	+0.6%
51	—	SPDR SERIES TRUST - ST STR R2K LOWV	—	$1.2M	0.3%	7,910	-0.2%
52	$WT	WisdomTree, Inc.	Financials	$1.2M	0.3%	29K	+8%
53	$BMY	BRISTOL MYERS SQUIBB CO	Healthcare	$1.2M	0.3%	20K	-4%
54	$BAC	BANK OF AMERICA CORP /DE/	Financials	$1.1M	0.3%	20K	—
55	$AMGN	AMGEN INC	Healthcare	$1.1M	0.3%	3,112	+0.0%
56	—	ISHARES TR - IBONDS DEC 2030	—	$1.1M	0.3%	52K	-3%
57	—	CAMBRIA ETF TR - SHSHLD YIELD ETF	—	$1.1M	0.3%	14K	-6%
58	$XOM.R34088	EXXON MOBIL CORP	Energy	$1.1M	0.3%	7,966	—
59	$KHC	Kraft Heinz Co	Consumer Staples	$1.0M	0.3%	44K	-0.3%
60	$CVX	CHEVRON CORP	Energy	$985K	0.3%	5,944	+9%
61	—	INVESCO EXCH TRADED FD TR II - S&P SMLCAP HIG	—	$972K	0.2%	69K	-7%
62	$PEP	PEPSICO INC	Consumer Staples	$959K	0.2%	7,084	+3%
63	$HD	HOME DEPOT, INC.	Consumer Discretionary	$948K	0.2%	2,689	—
64	$TGT	TARGET CORP	Consumer Staples	$944K	0.2%	7,226	+1%
65	$HPE	Hewlett Packard Enterprise Co	Technology	$943K	0.2%	21K	-44%
66	$PFH	PRUDENTIAL FINANCIAL INC	Financials	$916K	0.2%	8,486	—
67	—	ISHARES TR - IBON 2027 TE ETF	—	$910K	0.2%	41K	+5%
68	$SHEL	Shell plc	Energy	$889K	0.2%	11K	-2%
69	—	ISHARES TR - MSCI INTL MOMENT	—	$874K	0.2%	16K	-3%
70	$QQQ	INVESCO QQQ TRUST, SERIES 1	—	$872K	0.2%	1,184	+8%
71	$BOKF	BOK FINANCIAL CORP	Financials	$850K	0.2%	6,123	—
72	$KO	COCA COLA CO	Consumer Staples	$846K	0.2%	10K	+0.0%
73	$MRK	Merck & Co., Inc.	Healthcare	$839K	0.2%	6,531	-8%
74	$CAG	CONAGRA BRANDS INC.	Consumer Staples	$836K	0.2%	62K	+25%
75	$PAGP	PLAINS GP HOLDINGS LP	Energy	$822K	0.2%	34K	-0.3%
76	—	ISHARES TR - MSCI USA MMENTM	—	$818K	0.2%	2,385	-3%
77	$ARLP	ALLIANCE RESOURCE PARTNERS LP	Energy	$805K	0.2%	34K	—
78	—	ISHARES TR - PFD AND INCM SEC	—	$792K	0.2%	26K	+3%
79	$AES	AES CORP	Utilities	$787K	0.2%	54K	-0.7%
80	$DVN	DEVON ENERGY CORP/DE	Energy	$768K	0.2%	19K	+0.1%
81	—	ISHARES TR - CORE S&P SCP ETF	—	$750K	0.2%	5,055	-1.0%
82	$GOOGL	Alphabet Inc.	Technology	$749K	0.2%	2,096	-19%
83	$T	AT&T INC.	Communication Services	$717K	0.2%	35K	+4%
84	$BABA	Alibaba Group Holding Ltd	Consumer Discretionary	$716K	0.2%	7,464	+92%
85	$RTX	RTX Corp	Industrials	$714K	0.2%	3,763	-5%
86	$JPM	JPMORGAN CHASE & CO	Financials	$679K	0.2%	2,074	+0.7%
87	$GE	GENERAL ELECTRIC CO	Industrials	$679K	0.2%	1,816	—
88	—	ISHARES TR - MSCI EAFE MIN VL	—	$658K	0.2%	7,497	-1.0%
89	—	SELECT SECTOR SPDR TR - ST STR ENERG ETF	—	$654K	0.2%	12K	-2%
90	$C	CITIGROUP INC	Financials	$654K	0.2%	4,675	—
91	$DASH	DoorDash, Inc.	Consumer Discretionary	$651K	0.2%	3,528	New
92	—	ISHARES TR - MSCI USA QLT FCT	—	$645K	0.2%	2,909	-52%
93	—	ISHARES TR - MSCI INTL QUALTY	—	$637K	0.2%	13K	+38%
94	—	ISHARES TR - MSCI USA MIN ETF	—	$630K	0.2%	6,532	-66%
95	$POR	PORTLAND GENERAL ELECTRIC CO /OR/	Utilities	$614K	0.1%	12K	-0.6%
96	$VZ	VERIZON COMMUNICATIONS INC	Communication Services	$602K	0.1%	14K	+9%
97	—	SCHWAB STRATEGIC TR - INTERNL DIVID	—	$598K	0.1%	19K	+0.2%
98	$APA	APA Corp	Energy	$590K	0.1%	18K	-18%
99	$WFC	WELLS FARGO & COMPANY/MN	Financials	$587K	0.1%	7,102	—
100	$NOW	ServiceNow, Inc.	Technology	$578K	0.1%	5,817	New
101	$PFE	PFIZER INC	Healthcare	$575K	0.1%	24K	+13%
102	$PATH	UiPath, Inc.	Technology	$571K	0.1%	53K	+132%
103	$DHR	DANAHER CORP /DE/	Healthcare	$559K	0.1%	2,935	—
104	$INTC	INTEL CORP	Technology	$558K	0.1%	3,994	New
105	$FISV	FISERV INC	Financials	$556K	0.1%	11K	+69%
106	—	VANGUARD ADMIRAL FDS INC - 500 GRTH IDX F	—	$534K	0.1%	6,467	+502%
107	$OGE	OGE ENERGY CORP.	Utilities	$525K	0.1%	11K	—
108	—	ISHARES TR - IBONDS DEC 2035	—	$505K	0.1%	20K	New
109	$GEV	GE Vernova Inc.	Industrials	$495K	0.1%	421	—
110	$LNC	LINCOLN NATIONAL CORP	Financials	$492K	0.1%	14K	-3%
111	—	VANGUARD INDEX FDS - TOTAL STK MKT	—	$475K	0.1%	1,283	+0.1%
112	$MO	ALTRIA GROUP, INC.	Consumer Staples	$475K	0.1%	6,597	+14%
113	$BP	BP PLC	Energy	$473K	0.1%	13K	-2%
114	$IP	INTERNATIONAL PAPER CO /NEW/	Materials	$467K	0.1%	12K	+3%
115	—	CAMBRIA ETF TR - CAMBRIA FGN SHR	—	$466K	0.1%	13K	+33%
116	—	ISHARES TR - IBONDS DEC 2034	—	$462K	0.1%	18K	New
117	$OWL	BLUE OWL CAPITAL INC.	Financials	$453K	0.1%	52K	New
118	$LLY	ELI LILLY & Co	Healthcare	$444K	0.1%	370	-21%
119	$EMR	EMERSON ELECTRIC CO	Industrials	$434K	0.1%	3,035	+23%
120	$GEN	Gen Digital Inc.	Technology	$431K	0.1%	17K	New
121	—	SELECT SECTOR SPDR TR - ST STR FINL ETF	—	$429K	0.1%	8,000	—
122	$PCG	PG&E Corp	Utilities	$426K	0.1%	25K	+0.0%
123	$PG	PROCTER & GAMBLE Co	Consumer Staples	$425K	0.1%	2,897	-13%
124	$ABT	ABBOTT LABORATORIES	Healthcare	$421K	0.1%	4,642	—
125	$DEO	DIAGEO PLC	Consumer Staples	$416K	0.1%	5,175	+2%
126	$DAL	DELTA AIR LINES, INC.	Industrials	$414K	0.1%	4,425	—
127	$AMZN	AMAZON COM INC	Consumer Discretionary	$409K	0.1%	1,714	-40%
128	$OCUL	OCULAR THERAPEUTIX, INC	Healthcare	$375K	0.1%	38K	New
129	$AXP	AMERICAN EXPRESS CO	Financials	$367K	0.1%	1,085	—
130	$APH	AMPHENOL CORP /DE/	Technology	$363K	0.1%	2,057	+0.7%
131	$BRK.B	BERKSHIRE HATHAWAY INC	Financials	$353K	0.1%	706	-12%
132	$CRM	Salesforce, Inc.	Technology	$352K	0.1%	2,249	New
133	—	BLACKROCK ETF TRUST - ISHARES US EQUIT	—	$352K	0.1%	5,172	-51%
134	$WMB	WILLIAMS COMPANIES, INC.	Energy	$346K	0.1%	4,655	-7%
135	—	VANGUARD WORLD FD - ENERGY ETF	—	$345K	0.1%	2,300	—
136	—	ISHARES TR - IBONDS 29 TRM TS	—	$340K	0.1%	16K	—
137	$AMAT	APPLIED MATERIALS INC /DE	Technology	$336K	0.1%	465	-24%
138	$TRVI	Trevi Therapeutics, Inc.	Healthcare	$335K	0.1%	18K	New
139	—	ISHARES TR - MSCI USA SMCP MN	—	$330K	0.1%	7,175	-49%
140	—	VANGUARD WORLD FD - INF TECH ETF	—	$322K	0.1%	2,696	+700%
141	$EVER	EverQuote, Inc.	Technology	$305K	0.1%	13K	New
142	$MSDL	Morgan Stanley Direct Lending Fund	Other	$298K	0.1%	20K	+26%
143	$TRIP	TripAdvisor, Inc.	Technology	$298K	0.1%	22K	New
144	$CCZ	COMCAST CORP	Communication Services	$296K	0.1%	12K	-6%
145	$NCNO	nCino, Inc.	Technology	$293K	0.1%	18K	New
146	$ALSN	Allison Transmission Holdings Inc	Industrials	$289K	0.1%	2,561	New
147	—	VANGUARD INDEX FDS - LARGE CAP ETF	—	$285K	0.1%	829	—
148	$VLO	VALERO ENERGY CORP/TX	Energy	$277K	0.1%	1,063	New
149	$KDP	Keurig Dr Pepper Inc.	Consumer Staples	$276K	0.1%	8,428	New
150	$SLG	SL GREEN REALTY CORP	Real Estate	$274K	0.1%	5,300	New

What changed in Q2 2026

Against the previous quarter's 13F: 26 new, 67 added to, 58 trimmed, 3 sold out. Share-count changes; largest moves by dollar size first.

New positions (26)

$DASHDoorDash, Inc.$651K
first bought this quarter
$NOWServiceNow, Inc.$578K
first bought this quarter
$INTCINTEL CORP$558K
first bought this quarter
ISHARES TR - IBONDS DEC 2035$505K
first bought this quarter
ISHARES TR - IBONDS DEC 2034$462K
first bought this quarter
$OWLBLUE OWL CAPITAL INC.$453K
first bought this quarter

+20 more in the Excel export

Added to (67)

ISHARES TR - CORE HIGH DV ETF+401%
now $7.9M
ISHARES TR - IBONDS DEC2026+7%
now $26.4M
ISHARES TR - IBON 2026 TE ETF+7%
now $26.9M
ISHARES TR - IBONDS DEC 2032+6%
now $19.5M
$FIXCOMFORT SYSTEMS USA INC+4%
now $24.7M · held 10+ qtrs
$WTWisdomTree, Inc.+42%
now $2.1M · held 10+ qtrs, 9 adds in a row

+61 more in the Excel export

Trimmed (58)

AMERICAN CENTY ETF TR - US SML CP VALU-6%
now $26.7M
ISHARES TR - MSCI USA MIN ETF-66%
now $630K
$AAPLApple Inc.-7%
now $11.6M · held 10+ qtrs
SELECT SECTOR SPDR TR - ST STR CARE ETF-78%
now $227K
$HPEHewlett Packard Enterprise Co-44%
now $943K · held 10+ qtrs
ISHARES TR - MSCI USA QLT FCT-52%
now $645K

+52 more in the Excel export

Sold out (3)

DIMENSIONAL ETF TRUSTwas $363K
VANGUARD WELLINGTON FDwas $318K
$VKTXViking Therapeutics, Inc.was $245K
held 2 qtrs

Firm AUM (Form ADV): $529.4M as of 2025-12-31 · SEC IAPD

Holdings by quarter

Every 13F COWA, LLC has filed, 22 earlier quarters. Pick one to see what it held then.

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Q2 2026 13F filed with the SEC on Aug 6, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of COWA's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 16 of the 20 are scored)

Top 10 since filing

-9.8%

Value-weighted move of the 10 largest stock positions

Turnover

Last quarter; 16% over the last 4

Top 10 weight

48%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

88%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured

Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

COWA, LLC disclosed 181 positions worth $398.6M in its Form 13F-HR for Q2 2026. During the quarter the fund opened 26 new positions and exited 3 — including a new stake in $DASH. The portfolio is most concentrated in Other (68.8% of disclosed assets). All figures are sourced directly from COWA, LLC’s Form 13F-HR filing with the SEC under CIK 1844480.

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AI-Powered Hedge Fund Analysis: COWA, LLC

13F Pro is an AI hedge fund tracker and stock research platform. For COWA, LLC (SEC CIK: 1844480), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in COWA, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.