Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cdw Corp (CDW)

746 + Investors. Track Smart Money conviction in CDW. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
4Q ▼
Buyers last Q
47%

Smart Money Signals — CDW

Based on 754 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their CDW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 86% of 3.0Y peak

86% of all-time peak
754 funds currently hold this stock — 86% of the 3.0-year high of 874 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 10% fewer funds vs a year ago

fund count last 6Q
88 fewer hedge funds hold CDW compared to a year ago (-10% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 47% buying

377 buying422 selling
Last quarter: 422 funds reduced or exited vs 377 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~121 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 98 → 114 → 116 → 121. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 13% medium ■ 17% new
528 out of 754 hedge funds have held CDW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

115 → 98 → 114 → 116 → 121 new funds/Q
New funds entering each quarter: 98 → 114 → 116 → 121. A growing number of institutions are discovering CDW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 73% veterans vs 18% newcomers

■ 73% veterans ■ 9% 1-2yr ■ 18% new
Entry-cohort mix of 775 holders: 565 (73%) are 2+ year veterans, 67 entered 1–2 years ago, and 143 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
64 of 754 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in CDW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CDW

In 2026 Q2, 377 hedge funds were net buyers of CDW (121 opened a new position, 256 added to an existing one), while 422 reduced or exited (300 trimmed, 122 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. This extends a 4-quarter selling streak, suggesting sustained institutional caution. 51% of total institutional value in CDW is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 754.

Hedge Fund Ownership: CDW

How many hedge funds hold CDW — quarterly history vs. share price
Quarterly hedge fund ownership of CDW vs. share price

Market Analysis: CDW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CDW

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 3 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
3.3
/ 10
conviction
Hedge Fund Positioning: CDW
746 + Investors

Track Smart Money conviction in CDW. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 746 755 -1.19%
13F Shares 136M 124M 9.55%
Total Value $18.21B $14.59B 24.8%
New Positions 118 116 +2
Increased Positions 251 282 -31
Closed Positions 127 150 -23
Reduced Positions 293 261 +32
Total Calls 12 7 71.43%
Total Puts 9 7 28.57%
PUT/CALL Ratio 0.75 1.0 Neutral

Statistics: CDW

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Institutional Holders (2026 Q2)

746 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CDW. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CDW holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wishbone Management, LP 12.14% 200,000 $28.1M
2 Triad Investment Management 4.74% 30,540 $4.3M
3 Longview Partners (Guernsey) LTD 4.27% 1,867,736 $262.7M
4 Blue Grotto Capital, LLC 3.71% 315,642 $44.4M
5 Lakewood Capital Management, LP 3.50% 483,500 $68.0M
6 Unison Asset Management LLC 2.90% 50,751 $7.1M
7 Fiduciary Management Inc /Wi/ 2.79% 1,393,758 $196.0M
8 Broad Run Investment Management, LLC 2.69% 124,310 $17.5M
9 Monte Financial Group, LLC 2.49% 52,501 $7.8M
10 Graphene Investments SAS 2.22% 27,100 $3.8M
11 Crescent Grove Advisors, LLC 2.07% 176,298 $24.8M
12 Fenimore Asset Management Inc 2.07% 709,575 $99.8M
13 Foyston, Gordon & Payne Inc 1.89% 62,874 $8.8M
14 Madison Asset Management, LLC 1.80% 1,070,495 $150.6M
15 Mondrian Investment Partners LTD 1.64% 755,141 $106.2M
16 Hotchkis & Wiley Capital Management LLC 1.55% 3,777,585 $531.3M
17 Renaissance Group LLC 1.36% 238,981 $33.6M
18 Atwood & Palmer Inc 1.18% 157,897 $22.2M
19 Pzena Investment Management LLC 1.09% 2,638,900 $371.1M
20 Kepler Cheuvreux (Suisse) SA 1.08% 134,208 $18.9M
21 Shayne & Jacobs, LLC 1.08% 25,800 $3.6M
22 Bell Asset Management Ltd 1.07% 28,408 $4.0M
23 Harris Associates L P 1.03% 5,543,451 $779.6M
24 Cabot Wealth Management Inc 0.98% 68,775 $9.7M
25 Sawyer & Company, Inc 0.93% 19,754 $2.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cdw Corp (CDW)

What does the Smart Money Trend signal show for CDW?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their CDW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CDW?

More sellers than buyers — 47% buying: Last quarter: 422 funds reduced or exited vs 377 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CDW holders?

Elite ownership — 51% AUM from top-100 funds: 64 of 754 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in CDW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CDW?

70% of holders stayed for 2+ years: 528 out of 754 hedge funds have held CDW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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