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CDW · Technology · Information Technology Services · Market cap $17.34B

5 funds in our archive have pitched CDW Corp — most recently Artisan U.S. Mid-Cap Value Strategy in December 2025.

Company profile

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise, hybrid, and cloud capabilities across data center and networking, digital workspace, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides advisory and design, software development, implementation, managed, professional, configuration, and telecom services, as well as warranties; mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. The company was founded in 1984 and is headquartered in Vernon Hills, Illinois.

Fund coverage · 5 theses

  • Artisan U.S. Mid-Cap Value Strategy
    December 2025

    CDW Corp is a leading IT VAR with low capital intensity, strong free cash flow, and durable SMB channel positioning that mitigates disintermediation risk.

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  • Oakmark Fund
    December 2025

    CDW is a leading IT solutions provider benefiting from a shift to higher-margin software and services, including cybersecurity and generative AI, and was bought at a compelling valuation.

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  • Artisan US Mid Cap Value Strategy
    June 2025

    CDW is a resilient value-added reseller of IT solutions, poised for steady growth by consolidating its share in the fragmented VAR market, particularly by serving small and medium businesses.

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  • Madison Large Cap Fund
    June 2025

    CDW Corporation is a resilient value-added reseller of IT products poised for continued market share growth despite potential tariff impacts on hardware prices.

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  • Macquarie Value Fund
    March 2025

    CDW Corp. is a leading IT solutions provider well-positioned to benefit from device spending, AI adoption, and a strong capital allocation program amid a favorable valuation.

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