Q2 2026 13F · SEC CIK 1844480

Cowa, LLC

Wealth managerFiled 2026-08-06 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $369.4M
Reported positions: 178
Top holdings a year, 3 yrs: +16.4%
Assets under management: $529.4M

Cowa, LLC is a wealth manager that reported 178 positions worth $369.4M in its Q2 2026 13F, filed 2026-08-06. Its largest holdings were Ishares Ibonds 2026 Term High Yield and (IBHF, 7.3%), Avantis US Small Cap Value ETF (AVUV, 7.2%), Comfort Sys USA Inc (FIX, 6.7%). A portfolio copying its top holdings returned 16.4% a year over the last 3 years, against 20.4% for the S&P 500.

Cowa, LLC holdings largest 50 of 178 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Cowa, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
IBHFIshares Ibonds 2026 Term High Yield and	7.3%	7.4%	1,186,840	+7.0%	$26.9M
AVUVAvantis US Small Cap Value ETF	7.2%	7.3%	214,066	-5.5%	$26.7M
FIXComfort Sys USA Inc	6.7%	4.8%	12,439	+3.5%	$24.7M
DFIVDimensional ETF Trust	6.3%	6.8%	432,023	-2.6%	$23.3M
IBDXIshares Tr	5.3%	5.4%	774,107	+6.2%	$19.5M
FNDESchwab Fundamental Emerging Markets Equi	3.6%	3.6%	337,812	+4.6%	$13.4M
AAPLApple Inc	3.1%	4.0%	40,128	-7.1%	$11.6M
IDVIshares Tr	3.1%	3.4%	275,470	-0.8%	$11.4M
SPYDSpdr Series Trust	2.5%	2.5%	189,929	+1.1%	$9.1M
IBDWIshares Tr	2.4%	2.5%	433,167	+6.0%	$9.0M
CTASimplify Managed Futures Strategy ETF	2.3%	2.6%	323,481	+7.4%	$8.4M
HDVIshares Tr	2.1%	2.3%	287,720	+401.4%	$7.9M
AVDVAvantis International Small Cap Value Et	2.1%	2.2%	73,577	-0.7%	$7.6M
FNDXSchwab Strategic Tr	2.0%	1.9%	239,072	+0.3%	$7.4M
DIAState Street Spdr Dow Jones Industrial A	1.7%	1.7%	12,153	-2.5%	$6.3M
DFAIDimensional International Core Equity Ma	1.6%	1.6%	145,476	+0.6%	$6.0M
SGOViShares 0-3 Month Treasury Bon	1.4%	1.4%	51,135	+10.5%	$5.1M
OKEOneok Inc	1.4%	1.6%	58,490	-1.3%	$5.1M
VYMIVanguard International High Dividend Yie	1.2%	1.2%	46,248	+2.1%	$4.5M
DFAUDimensional US Core Equity Market ETF	1.2%	1.1%	86,560	+0.5%	$4.5M
RSPInvesco S&p 500 Equal Weight ETF	1.2%	1.1%	20,840	+2.4%	$4.4M
AMLPAlps ETF Tr	1.0%	1.2%	74,714	-0.6%	$3.9M
SCHDSchwab Strategic Tr	1.0%	1.1%	119,874	-0.7%	$3.8M
IEFAIshares Core Msci Eafe ETF	0.9%	0.8%	32,755	+3.3%	$3.2M
EPDEnterprise Prods Partners L	0.8%	0.8%	81,330	+6.6%	$3.0M
NVDANvidia Corporation Com	0.8%	0.8%	14,725	-2.3%	$2.9M
VEUVanguard FTSE All	0.8%	0.7%	33,268	+0.0%	$2.8M
UPSUnited Parcel Svcs Inc Cl B	0.7%	0.6%	23,646	+8.8%	$2.5M
IBDTIshares Tr	0.6%	0.6%	94,287	+17.7%	$2.4M
GLDSpdr Gold Shares	0.6%	0.8%	6,308	-1.5%	$2.3M
IAUIshares Gold Trust	0.6%	0.8%	29,079	-3.9%	$2.2M
COPConocophillips	0.6%	0.8%	20,318	+0.0%	$2.1M
USDUWisdomtree Tr	0.6%	0.4%	77,741	+42.4%	$2.1M
SPYSpdr S&p 500 ETF Tr	0.6%	0.5%	2,723	-0.9%	$2.0M
IBDYIshares Tr	0.5%	0.5%	76,745	+14.9%	$2.0M
PWRQuanta Svcs Inc Com	0.5%	0.4%	2,731	+0.0%	$2.0M
MSFTMicrosoft Corp	0.5%	0.6%	5,057	-1.4%	$1.9M
KRESpdr Series Trust	0.5%	0.4%	24,632	+27.0%	$1.8M
KMBKimberly-Clark Corporation	0.5%	0.3%	16,560	+36.1%	$1.8M
WMTWalmart Inc	0.4%	0.5%	14,169	+0.0%	$1.6M
IBDUIshares Tr ETF Ibonds Dec 2029 Term Corp	0.4%	0.4%	64,949	-2.1%	$1.5M
IVVIshares Core S&p 500 ETF	0.4%	—	1,983	—	$1.5M
CSCOCisco Sys Inc	0.4%	—	11,951	—	$1.4M
ABBVAbbvie Inc	0.4%	0.4%	5,469	-6.2%	$1.4M
DFLVDimensional ETF Trust	0.4%	0.3%	34,113	+1.6%	$1.3M
PSXPhillips 66	0.4%	0.4%	7,868	+0.0%	$1.3M
IBMInternational Business Machs	0.4%	0.3%	4,676	-0.8%	$1.3M
IJHIshares Tr	0.3%	—	16,716	—	$1.3M
SMLVSpdr Series Trust	0.3%	—	7,910	—	$1.2M
DESWisdomtree Tr	0.3%	—	29,371	—	$1.2M

What Cowa, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +23.6% /yr; S&P 500 +20.1%
3 years: +16.4% /yr; S&P 500 +20.4%
5 years: +9.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$369.4M	178
Q1 2026	$343.7M	155
Q4 2025	$328.6M	152
Q3 2025	$282.5M	137
Q2 2025	$262.6M	131
Q1 2025	$234.1M	125
Q4 2024	$205.0M	119
Q3 2024	$210.0M	128
Q2 2024	$187.4M	126
Q1 2024	$169.7M	119
Q4 2023	$160.4M	109
Q3 2023	$148.1M	104

Questions about Cowa, LLC's portfolio

What stocks does Cowa, LLC own?

Cowa, LLC's latest 13F, for Q2 2026 and filed Aug 6, 2026, lists 178 positions worth $369.4M. The largest are Ishares Ibonds 2026 Term High Yield and (IBHF) at 7.3%, Avantis US Small Cap Value ETF (AVUV) at 7.2%, Comfort Sys USA Inc (FIX) at 6.7%, Dimensional ETF Trust (DFIV) at 6.3% and Ishares Tr (IBDX) at 5.3%.

What did Cowa, LLC buy last quarter?

In Q2 2026, Cowa, LLC added Ishares Tr (HDV) (+401.4% shares), Wisdomtree Tr (USDU) (+42.4% shares) and Kimberly-Clark Corporation (KMB) (+36.1% shares), compared with its Q1 2026 filing.

What did Cowa, LLC sell last quarter?

In Q2 2026, Cowa, LLC cut from its top 50 Ishares Msci USA Min Volfctr ETF (USMV), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Bristol-Myers Squibb Co Com (BMY), cut from its top 50 Ishares Msci USA Quality Factor ETF (QUAL), cut from its top 50 Ishares Tr ETF Ibonds Dec 2030 Term Corp (IBDV), Apple Inc (AAPL) (-7.1% shares), Abbvie Inc (ABBV) (-6.2% shares) and Avantis US Small Cap Value ETF (AVUV) (-5.5% shares), compared with its Q1 2026 filing.

How has Cowa, LLC's portfolio performed?

A portfolio copying Cowa, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +23.6% against +20.1%. Over 5 years: +9.1% a year against +11.6%.

When is Cowa, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Cowa, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Cowa, LLC manage?

Cowa, LLC reported $529.4M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $369.4M.