
What smart money is saying about Clearwater Analytics
1 fund in our archive has pitched Clearwater Analytics — most recently Alger Small Cap Focus Fund in June 2025.
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.
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Position history
Between Q2 2025 and Q1 2026, 2 fund letters reported a position in Clearwater Analytics — 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q1 2026 | 2 | 0 | 1 | 0 |
| Q2 2025 | 0 | 0 | 0 | 1 |
Fund activity · 2 positions · 1 move
- March 2026
“Clearwater Analytics Holdings, Inc. 2.28”
Clearwater Analytics - March 2026
“We exited Cactus, Inc. (WHD) as we lost confidence that its major growth lever, expansion into the Middle East, would play out in 2026 amid the escalating conflict in the region. We sold Clearwater Analytics Holdings, Inc. (CWAN) due to the announced acquisition by Permira and Warburg Pincus.”
Clearwater Analytics
Fund coverage · 1 thesis
- Alger Small Cap Focus FundJune 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.
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