DaveManuel.com · Institutional Ownership · Who Owns It
CDW CORP (CDW)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
764
Reporting holders
$19.2B
Reported value
107.8%
Of shares outstanding
0.7%
Calls
0.7%
Puts
+2
Holder change
Institutions report 134,802,851 shares against 125,017,426 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Over 100% because an adviser and a sub-adviser can both report the same shares, and both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $2.1B | 15,238,070 | 0.03% | 8q | +3.5%+$72.8M |
| VANGUARD CAPITAL MANAGEMENT LLC | $1.2B | 8,341,169 | 0.03% | 2q | -0.9%-$11.1M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.2B | 8,197,577 | 0.05% | 2q | HELD |
| STATE STREET CORP | $812.9M | 5,779,688 | 0.02% | 31q | +0.8%+$6.8M |
| HARRIS ASSOCIATES L P | $779.6M | 5,543,451 | 1.03% | 5q | +3.0%+$22.6M |
| Boston Partners | $739.3M | 5,256,810 | 0.66% | 13q | +33.6%+$185.8M |
| GEODE CAPITAL MANAGEMENT, LLC | $547.5M | 3,890,627 | 0.03% | 31q | +2.7%+$14.3M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $531.3M | 3,777,585 | 1.55% | 2q | +86.3%+$246.1M |
| Invesco Ltd. | $528.6M | 3,758,500 | 0.04% | 31q | +41.2%+$154.2M |
| MORGAN STANLEY | $502.4M | 3,572,175 | 0.03% | 35q | +19.2%+$80.9M |
| JPMORGAN CHASE & CO | $491.1M incl. $21.0M options PUT | 3,362,101 | 0.03% | 31q | +4.8%+$22.7M |
| Allspring Global Investments Holdings, LLC | $432.1M | 3,121,566 | 0.66% | 19q | +23.0%+$80.8M |
| PZENA INVESTMENT MANAGEMENT LLC | $371.1M | 2,638,900 | 1.09% | 2q | +136.6%+$214.2M |
| Jupiter Topco LLC | $300.1M | 2,133,623 | 0.12% | new | FIRST |
| Longview Partners (Guernsey) LTD | $262.7M | 1,867,736 | 4.27% | 19q | -18.9%-$61.1M |
| Alyeska Investment Group, L.P. | $260.9M | 1,854,952 | 0.67% | 8q | +197.1%+$173.1M |
| BANK OF AMERICA CORP /DE/ | $255.1M | 1,813,551 | 0.02% | 31q | +44.0%+$78.0M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $248.0M | 1,763,554 | 0.02% | 31q | +16.7%+$35.4M |
| FMR LLC | $218.2M | 1,551,646 | 0.01% | 31q | +19.9%+$36.3M |
| FIDUCIARY MANAGEMENT INC /WI/ | $196.0M | 1,393,758 | 2.79% | 18q | -3.4%-$7.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $189.7M | 1,348,786 | 0.03% | 31q | +3.0%+$5.5M |
| FIL Ltd | $189.5M | 1,347,417 | 0.14% | 31q | -5.6%-$11.2M |
| VICTORY CAPITAL MANAGEMENT INC | $188.0M | 1,336,728 | 0.11% | 31q | -33.2%-$93.4M |
| NORTHERN TRUST CORP | $173.3M | 1,232,004 | 0.02% | 31q | -2.0%-$3.6M |
| AQR CAPITAL MANAGEMENT LLC | $171.0M | 1,226,429 | 0.06% | 31q | +6.2%+$9.9M |
| DIMENSIONAL FUND ADVISORS LP | $163.3M | 1,161,147 | 0.03% | 31q | -5.5%-$9.4M |
| Madison Asset Management, LLC | $150.6M | 1,070,495 | 1.80% | 27q | -3.1%-$4.9M |
| GOLDMAN SACHS GROUP INC | $150.5M | 1,070,169 | 0.01% | 31q | +6.9%+$9.7M |
| Point72 Asset Management, L.P. | $148.8M incl. $5.6M options CALL+PUT | 1,018,144 | 0.16% | 4q | +5151.1%+$145.9M |
| UBS Group AG | $141.2M | 1,003,846 | 0.02% | 31q | +156.7%+$86.2M |
| Duquesne Family Office LLC | $139.8M incl. $35.2M options CALL | 743,950 | 2.68% | new | NEW |
| Mawer Investment Management Ltd. | $133.5M | 949,381 | 0.91% | 25q | -9.7%-$14.4M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $129.7M | 921,916 | 0.02% | 31q | +3.5%+$4.4M |
| NATIXIS ADVISORS, LLC | $117.0M | 831,818 | 0.13% | 31q | +9.9%+$10.5M |
| Freestone Grove Partners LP | $115.1M | 818,292 | 0.74% | new | NEW |
| DEUTSCHE BANK AG\ | $112.5M | 799,829 | 0.03% | 34q | -7.9%-$9.7M |
| HSBC HOLDINGS PLC | $110.4M | 782,147 | 0.05% | 31q | HELD |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $106.8M | 759,648 | 0.03% | 8q | +1.1%+$1.1M |
| Mondrian Investment Partners LTD | $106.2M | 755,141 | 1.64% | 12q | -3.1%-$3.4M |
| NEUBERGER BERMAN GROUP LLC | $102.3M | 727,417 | 0.07% | 31q | -5.0%-$5.3M |
| JONES FINANCIAL COMPANIES LLLP | $101.1M | 758,619 | 0.04% | 23q | +6.5%+$6.1M |
| VANGUARD FIDUCIARY TRUST CO | $100.9M | 717,244 | 0.02% | 2q | -2.2%-$2.3M |
| Fenimore Asset Management Inc | $99.8M | 709,575 | 2.07% | 31q | -20.4%-$25.5M |
| JANE STREET GROUP, LLC | $97.5M incl. $81.6M options CALL+PUT | 112,953 | 0.01% | 31q | -45.9%-$82.9M |
| NORGES BANK | $95.1M | 675,892 | 0.01% | 32q | -12.2%-$13.2M |
| CITADEL ADVISORS LLC | $92.2M incl. $30.3M options CALL+PUT | 440,204 | 0.01% | 31q | -72.0%-$237.3M |
| Swedbank AB | $91.5M | 650,315 | 0.08% | 21q | +50.8%+$30.8M |
| Legal & General Group Plc | $89.7M | 637,579 | 0.02% | 31q | -27.5%-$34.0M |
| AMERIPRISE FINANCIAL INC | $88.4M | 628,344 | 0.02% | 31q | +252.3%+$63.3M |
| Bank of New York Mellon Corp | $82.2M | 584,811 | 0.01% | 31q | -3.6%-$3.1M |
| AMERICAN CENTURY COMPANIES INC | $80.8M | 574,426 | 0.04% | 31q | +3.0%+$2.3M |
| WELLINGTON MANAGEMENT GROUP LLP | $69.2M | 492,184 | 0.01% | 31q | +11.8%+$7.3M |
| WELLS FARGO & COMPANY/MN | $69.0M | 490,347 | 0.01% | 31q | +2.7%+$1.8M |
| LAKEWOOD CAPITAL MANAGEMENT, LP | $68.0M | 483,500 | 3.50% | 2q | +92.6%+$32.7M |
| ENVESTNET ASSET MANAGEMENT INC | $66.6M | 473,353 | 0.02% | 31q | +19.4%+$10.8M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $65.9M incl. $55.4M options CALL+PUT | 74,206 | 0.01% | 31q | +131.6%+$37.4M |
| Pacer Advisors, Inc. | $65.6M | 466,474 | 0.17% | 31q | -15.1%-$11.6M |
| ROYAL BANK OF CANADA | $64.0M incl. $84.0K options PUT | 454,707 | 0.01% | 31q | -22.7%-$18.8M |
| DNB Asset Management AS | $62.0M | 440,838 | 0.17% | 31q | +1479.0%+$58.1M |
| FIRST TRUST ADVISORS LP | $61.5M | 437,350 | 0.04% | 31q | +75.2%+$26.4M |
| TWO SIGMA INVESTMENTS, LP | $59.6M incl. $773.5K options CALL+PUT | 418,137 | 0.04% | 9q | -59.0%-$85.6M |
| RAYMOND JAMES FINANCIAL INC | $57.5M | 408,593 | 0.02% | 7q | +2.4%+$1.3M |
| THOMPSON SIEGEL & WALMSLEY LLC | $57.1M | 405,761 | 1.02% | 2q | +61.0%+$21.6M |
| ALLIANCEBERNSTEIN L.P. | $53.3M | 440,618 | 0.02% | 31q | +30.0%+$12.3M |
| Swiss National Bank | $50.8M | 360,900 | 0.03% | 31q | -5.5%-$3.0M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $49.4M | 351,345 | 0.07% | 3q | -12.6%-$7.1M |
| Findlay Park Partners LLP | $45.8M | 325,426 | 0.62% | 14q | -3.3%-$1.5M |
| Sumitomo Mitsui Trust Group, Inc. | $45.6M | 324,494 | 0.03% | 31q | +0.8%+$384.2K |
| Nuveen, LLC | $45.3M | 321,893 | 0.01% | 6q | -4.6%-$2.2M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $44.9M | 318,903 | 0.02% | 31q | +6.9%+$2.9M |
| SEI INVESTMENTS CO | $44.6M | 316,844 | 0.04% | 31q | +23.4%+$8.5M |
| Blue Grotto Capital, LLC | $44.4M | 315,642 | 3.71% | 3q | +37.2%+$12.0M |
| Select Equity Group, L.P. | $44.2M | 314,460 | 0.22% | 31q | -73.7%-$123.9M |
| Quantinno Capital Management LP | $43.6M | 309,913 | 0.05% | 19q | +4.0%+$1.7M |
| VANGUARD ASSET MANAGEMENT, Ltd | $41.8M | 296,928 | 0.03% | 2q | +14.1%+$5.2M |
| LSV ASSET MANAGEMENT | $41.0M | 291,400 | 0.07% | new | NEW |
| PFA Pension, Forsikringsaktieselskab | $40.0M | 284,247 | 0.10% | 3q | +79.8%+$17.7M |
| BARCLAYS PLC | $39.4M | 280,031 | 0.01% | 31q | -3.1%-$1.2M |
| Vanguard Global Advisers, LLC | $38.8M | 275,595 | 0.02% | 2q | -3.4%-$1.3M |
| Amundi | $38.0M | 270,264 | 0.01% | 21q | -49.0%-$36.5M |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $36.2M | 259,041 | 0.03% | 26q | +4237.6%+$35.4M |
| LORD, ABBETT & CO. LLC | $35.9M | 254,918 | 0.10% | new | NEW |
| RHUMBLINE ADVISERS | $35.8M | 254,688 | 0.03% | 31q | -4.4%-$1.6M |
| RENAISSANCE GROUP LLC | $33.6M | 238,981 | 1.36% | new | NEW |
| South Dakota Investment Council | $30.7M | 218,632 | 0.53% | 23q | +163.9%+$19.1M |
| PNC Financial Services Group, Inc. | $30.0M | 213,089 | 0.01% | 31q | -11.8%-$4.0M |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $29.9M | 212,249 | 0.03% | 31q | -5.3%-$1.7M |
| CITIGROUP INC | $29.4M | 209,324 | 0.01% | 31q | +45.6%+$9.2M |
| Wishbone Management, LP | $28.1M | 200,000 | 12.14% | new | NEW |
| Artisan Partners Limited Partnership | $25.8M | 183,373 | 0.04% | 5q | -35.8%-$14.4M |
| Crescent Grove Advisors, LLC | $24.8M | 176,298 | 2.07% | 31q | +2.5%+$609.0K |
| BAMCO INC /NY/ | $24.2M | 172,116 | 0.04% | 31q | -15.0%-$4.3M |
| Allianz Asset Management GmbH | $24.1M | 171,512 | 0.02% | 40q | -7.2%-$1.9M |
| California Public Employees Retirement System | $23.9M | 170,239 | 0.01% | 31q | -33.0%-$11.8M |
| BNP PARIBAS FINANCIAL MARKETS | $23.1M | 164,071 | 0.01% | 31q | -38.9%-$14.7M |
| Local Pensions Partnership Investment Ltd | $22.4M | 159,176 | 0.47% | 7q | -36.1%-$12.7M |
| ATWOOD & PALMER INC | $22.2M | 157,897 | 1.18% | 31q | -0.8%-$173.5K |
| PRINCIPAL FINANCIAL GROUP INC | $21.3M | 151,779 | 0.01% | 31q | -4.3%-$954.4K |
| Baird Financial Group, Inc. | $19.8M | 140,927 | 0.03% | 31q | +69.7%+$8.1M |
| Aberdeen Group plc | $19.0M | 135,294 | 0.03% | 31q | +3.4%+$626.6K |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-10-27 | 13G | BlackRock Portfolio Management LLC | 5.9% |
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-10-19 | 2026-10-15 | Directors or officers departed or appointed | filing |
| 2026-09-21 | 2026-09-21 | Material agreement entered | filing |
| 2026-09-15 | 2026-09-14 | Material agreement entered | filing |
| 2026-08-05 | 2026-08-03 | Directors or officers departed or appointed | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-07 | CONNELLY ELIZABETH H. | See Remarks | Sold | 26,695 | $3.7M |
| 2026-05-27 | NELMS DAVID W | Director | Bought | 18,000 | $2.0M |
| 2026-05-18 | LEAHY CHRISTINE A | See Remarks | Bought | 4,830 | $499.4K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 232 | $586.1M | 4,564,070 | 34 | 78 | 66 | 0.0% |
| Q2 2026 | 764 | $19.2B | 134,802,851 | 107 | 251 | 295 | 1.4% |
| Q1 2026 | 762 | $15.3B | 126,174,450 | 99 | 284 | 263 | 0.6% |
| Q4 2025 | 803 | $16.9B | 123,875,658 | 76 | 239 | 335 | 0.3% |
| Q3 2025 | 826 | $20.0B | 125,235,372 | 80 | 260 | 318 | 0.5% |
| Q2 2025 | 860 | $22.3B | 124,566,087 | 100 | 269 | 326 | 0.4% |
| Q1 2025 | 851 | $19.8B | 122,812,435 | 86 | 291 | 322 | 0.4% |
| Q4 2024 | 861 | $21.7B | 123,690,819 | 68 | 257 | 350 | 0.7% |
| Q3 2024 | 900 | $28.1B | 123,589,112 | 72 | 282 | 330 | 0.6% |
| Q2 2024 | 904 | $27.8B | 123,509,166 | 82 | 331 | 289 | 0.7% |
| Q1 2024 | 907 | $35.6B | 138,992,896 | 91 | 313 | 306 | 0.4% |
| Q4 2023 | 870 | $30.5B | 133,633,397 | 84 | 285 | 277 | 0.5% |
| Q3 2023 | 811 | $25.5B | 125,563,782 | 86 | 253 | 286 | 0.6% |
| Q2 2023 | 794 | $23.2B | 126,213,446 | 68 | 227 | 334 | 0.2% |
| Q1 2023 | 816 | $26.3B | 136,246,009 | 62 | 282 | 288 | 0.1% |
| Q4 2022 | 825 | $22.3B | 124,586,802 | 85 | 255 | 288 | 0.1% |
| Q3 2022 | 764 | $90.3B | 577,878,866 | 70 | 286 | 232 | 0.1% |
| Q2 2022 | 766 | $88.9B | 564,289,917 | 75 | 248 | 278 | 0.0% |
| Q1 2022 | 770 | $103.2B | 576,597,987 | 69 | 264 | 252 | 0.0% |
| Q4 2021 | 796 | $103.0B | 502,869,216 | 77 | 275 | 240 | 0.0% |
| Q3 2021 | 744 | $92.9B | 509,924,663 | 72 | 255 | 238 | 0.1% |
| Q2 2021 | 714 | $94.0B | 538,117,480 | 77 | 234 | 254 | 0.1% |
| Q1 2021 | 684 | $85.1B | 512,857,396 | 75 | 232 | 252 | 0.1% |
| Q4 2020 | 695 | $59.3B | 448,397,432 | 92 | 240 | 216 | 0.1% |
| Q3 2020 | 628 | $50.3B | 420,653,182 | 54 | 224 | 205 | 0.0% |
| Q2 2020 | 663 | $30.8B | 264,767,635 | 87 | 209 | 254 | 0.1% |
| Q1 2020 | 633 | $32.0B | 342,168,141 | 74 | 207 | 255 | 0.0% |
| Q4 2019 | 668 | $40.8B | 285,422,954 | 82 | 199 | 252 | 0.1% |
| Q3 2019 | 585 | $38.9B | 315,142,714 | 81 | 196 | 200 | 0.1% |
| Q2 2019 | 572 | $37.5B | 337,483,528 | 66 | 189 | 224 | 0.1% |
| Q1 2019 | 564 | $29.1B | 302,112,603 | 72 | 173 | 210 | 0.1% |
| Q4 2018 | 528 | $23.1B | 284,994,481 | 8 | 13 | 11 | 0.1% |