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CWAN · Technology · Software - Application · Market cap $6.95B

1 fund in our archive has pitched Clearwater Analytics — most recently Alger Small Cap Focus Fund in June 2025.

Company profile

Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities. The company offers investment accounting and reporting, performance measurement, compliance monitoring, and risk analytics solutions. Its Clearwater Prism solution enables self-service access to data feeds from accounting, compliance, performance, and risk systems, including those offered by the company and other third-party software vendors, as well as provides flexible reporting to various users. The company was incorporated in 2021 and is headquartered in Boise, Idaho.

2
Reported positions
0
Bought
1
Sold
3
Letters

Fund activity · 2 positions · 1 move

  • HoldsBuffalo Small Cap Growth Fund
    March 2026
    Clearwater Analytics Holdings, Inc. 2.28
    Read the letterClearwater Analytics
  • ExitedBrown Advisory U.S. Small-Cap Blend UCITS Fund
    March 2026
    We sold Clearwater Analytics Holdings, Inc. (CWAN) due to the announced acquisition by Permira and Warburg Pincus.
    Read the letterClearwater Analytics

Fund coverage · 1 thesis

  • Alger Small Cap Focus Fund
    June 2025

    Clearwater Analytics is a leading cloud-based investment analytics provider that, despite recent share price weakness due to debt concerns from acquisitions, has the potential for transformational growth and strengthened market position.

    Read the full thesis

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