The cluster is small and lacks insider confirmation, so it does not signal a strong directional thesis. Monitor future 13F filings for larger or more concentrated moves, and watch for any corporate catalysts (earnings, guidance, M&A) that could explain the modest accumulation.
Executive Summary
Three asset managers increased their CDW positions in Q3 2026, adding a net $2.7M, while one ETF manager trimmed a small stake. The buying is modest in scale and lacks insider corroboration, suggesting limited conviction behind the cluster.
Key Financial Metrics
Institutional Positions
Net institutional flow: $2.7M
▲ Buyers (3)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Farther Finance Advisors | ADD | +73.1% | $188.0K | $69.0K |
| Assenagon Asset Management | ADD | +41.9% | $10.5M | $2.4M |
| Abn Amro Investment Solutions | ADD | +39.3% | $1.1M | $236.0K |
▼ Sellers (1)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Exchange Traded Concepts | TRIM | -27.1% | $210.0K | -$71.0K |
Key Facts
- Three asset managers added to CDW positions in Q3 2026, with aggregate buying of $2.7M.
- One ETF manager trimmed $71K, representing the only selling in the cluster.
- No open-market insider buying was detected; the insider-filing confluence score is low at 4/100.
- Total institutional buying value is $11.8M, a small fraction of CDW's $20.4B market cap.
Financial Impact
Three asset managers accumulated $2.7M in net new CDW holdings, while one ETF manager reduced holdings by $71K. Total buying value is $11.8M.
Risk Factors
- 13F data is 45+ days stale; positions may have been unwound since quarter-end.
- The buying is from asset managers, not activist or high-conviction funds, and the dollar amounts are immaterial relative to market cap.
- No insider buying corroborates the institutional accumulation, reducing signal reliability.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CDW-2026-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 28, 2026 1d ago | Institutional Cluster | $162.66 | awaiting T+20 | awaiting T+20 | No price |
Oct 27, 2026 2d ago | SC 13G | $161.41 | awaiting T+20 | awaiting T+20 | No price |
Oct 19, 2026 10d ago | 8-K | $154.99 | awaiting T+20 | awaiting T+20 | No price |
Aug 26, 2026 9w ago | Institutional Cluster | $148.97 $139.46 | ▼ −6.38% | ▼ −5.88% | No price |
Aug 21, 2026 10w ago | GOVT-CONTRACT | $132.51 $147.43 | ▲ +11.26% | ▲ +9.96% | No price |
Aug 5, 2026 12w ago | 8-K | $139.52 $148.67 | ▲ +6.56% | ▲ +7.16% | No price |
Aug 5, 2026 12w ago | 8-K | $139.52 $148.67 | ▲ +6.56% | ▲ +7.16% | No price |
May 13, 2026 24w ago | 8-K | $100.11 $129.13 | ▲ +28.99% | ▲ +29.60% | No price |
May 6, 2026 25w ago | 8-K | $108.43 $137.30 | ▲ +26.63% | ▲ +23.85% | No price |
May 1, 2026 25w ago | 8-K | $135.25 $140.98 | ▲ +4.24% | ▼ −1.41% | No price |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers