IBHE β€” ISHARES TR

Ownership history in COWA, LLC  Β·  7 quarters on record

This page tracks every 13F SEC filing in which COWA, LLC reported a position in ISHARES TR (IBHE). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
1.56% (2024 Q4)
πŸ“Š Avg. % of fund
1.08%
πŸ“… First filed
2024 Q1
πŸ“… Last filed
2025 Q3
⏱ Quarters held
7

Position Intelligence

COWA, LLC Γ— IBHE AI Analytics

πŸ“‰ COWA, LLC underperformed the S&P 500 by –12.6% annually on this IBHE position. Timing score: 80% (4/5 decisions correct). Average cost basis: $21.88. Maximum drawdown during holding period: –0.0%.

πŸ“ˆ Position Alpha vs SPY
-12.6%
annualised excess return

❌ Significantly underperformed the S&P 500 by 12.6% ann.
5 quarters analyzed

⏱️ Timing Score
80%

🎯 Smart timing β€” consistently buying dips and trimming near peaks.
4 of 5 add/trim decisions correct

πŸ’° Entry Quality
$21.88
+4.9% vs current ($22.96)

Best entry: $21.40 (2024 Q2)  Β·  Worst: $22.96 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–0.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
86%
buy-side decisions

6 adds Β· 1 trim. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.98% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    IBHE price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 7 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 ADDED 127,151 +12,299 +10.7% 0.98% $3.0M $22.96
2025 Q2 ADDED 114,852 +8,506 +8.0% 1.02% $2.7M $22.73
2025 Q1 REDUCED 106,346 -39,485 -27.1% 1.06% $2.5M $22.42
2024 Q4 ADDED 145,831 +13,392 +10.1% 1.56% $3.4M $22.17
2024 Q3 ADDED 132,439 +54,055 +69.0% 1.47% $3.1M $21.81
2024 Q2 ADDED 78,384 +42,925 +121.1% 0.97% $1.8M $21.40
2024 Q1 INITIATED 35,459 β€” β€” 0.49% $829K β€”

🏒 Other funds also holding IBHE

As of 2025 Q4 β€” sorted by position size

IFP Advisors, Inc 3Y 7Y 0.02% NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 3Y 7Y 0.0%
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