SEC 13F Intelligence

Managers / Q2 2022 · view latest →

COWA, LLC

CIK 0001844480 · 8801 S. YALE AVENUE, SUITE 420, TULSA, OK, 74137 · 918-984-9110

Reported Value
$174M
Q2 2022
Positions
137
Filings on Record
23
2019–present window
Filed
Aug 12, 2022
original filing

Summary

Cowa, LLC reported $174M in U.S.-listed holdings across 137 positions for Q2 2022.

Its largest position, Ishares 0 To 3 Mnth Treasury Bnd Etf, represents 7.4% of the portfolio.

Compared with Q1 2022, the fund opened 4 new positions and exited 21.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+33.2%
share of reported value
Largest Position
+7.4%
Ishares 0 To 3 Mnth Treasury Bnd Etf
New / Exited
4 / 21
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $131MQ4 ’20Q1 ’21: $167MQ2 ’21: $161MQ3 ’21: $175MQ3 ’21Q4 ’21: $199MQ1 ’22: $201MQ2 ’22: $174MQ2 ’22Q3 ’22: $152MQ4 ’22: $161MQ1 ’23: $123MQ1 ’23Q2 ’23: $152MQ3 ’23: $148MQ4 ’23: $160MQ4 ’23Q1 ’24: $170MQ2 ’24: $187MQ3 ’24: $210MQ3 ’24Q4 ’24: $217MQ1 ’25: $234MQ2 ’25: $263MQ2 ’25Q3 ’25: $301MQ4 ’25: $329MQ1 ’26: $371MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 73.4%Common Stock: 21.2%MLP: 2.1%ADR: 1.4%REIT: 1.0%Other: 1.0%
  • ETP · 73.4% · $128M
  • Common Stock · 21.2% · $37M
  • MLP · 2.1% · $4M
  • ADR · 1.4% · $2M
  • REIT · 1.0% · $2M
  • Other · 1.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DAVIS SELECT WORLDWIDE ETFNEW+37.4K37.4K+$903,000$903,000
CLEARBRIDGE ALL CAP GROWTH ETFNEW+17.5K17.5K+$630,000$630,000
SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE COMPANY INDEX ETFNEW+16.7K16.7K+$433,000$433,000
VANGUARD INDEX FUNDS SP 500 ETF SHS NEWNEW+1.2K1.2K+$400,000$400,000
ISHARES TR CORE SP500 ETFADDED+11.9K23.3K−$885,000$4M
SPDR SP EMERGING MARKETS DIVIDEND ETFSOLD OUT−11.0K0−$322,000$0
VANGUARD SMALLCAP ETFSOLD OUT−1.5K0−$317,000$0
GENERAL ELECTRIC COMPANY COM NEWSOLD OUT−2.9K0−$265,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES 0 TO 3 MNTH TREASURY BND ETF0-3 MNTH TREASRY7.36%$13M128.2K
2SPDR PORTFOLIO SP 500 HIGH DIVIDEND ETFPRTFLO S&P500 HI3.56%$6M155.1K
3DFAIDIMENSIONAL INTERN CORE EQT MKT ETFhistory →INTL CORE EQT MK3.36%$6M241.9K
4SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUSTUT SER 13.11%$5M17.6K
5AAPLAPPLE INCORPORATEDhistory →COM3.06%$5M38.9K
6ISHARES TR CORE HIGH DV ETFCORE HIGH DV ETF2.61%$5M45.2K
7ISHARES TR INTL SEL DIV ETFINTL SEL DIV ETF2.59%$5M165.9K
8DFAUDIMENSIONAL US CORE EQUITY MARKT ETFhistory →US CORE EQT MKT2.59%$4M169.5K
9SPDR SP 500 HIGH DIVIDEND ETFPRTFLO S&P500 HI2.48%$4M107.6K
10ISHARES TR CORE SP500 ETFCORE S&P500 ETF2.47%$4M23.3K
11ISHARES TR CORE MSCI EAFECORE MSCI EAFE2.42%$4M71.5K
12AVANTIS U.S. SMALL CAP VALUE ETFUS SML CP VALU2.39%$4M60.7K
13SPDR BLOOMBERG INVESTMENT GRADE FLOATINGBLOOMBERG INVT2.08%$4M120.3K
14IAU*ISHARES GOLD TR ISHARES NEWhistory →ISHARES NEW2.02%$4M102.3K
15DFAIDIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETFhistory →INTL CORE EQT MK1.89%$3M136.3K
16SCHWAB US DIVIDEND EQUITY ETFUS DIVIDEND EQ1.84%$3M44.8K
17OKEONEOK INCORPORATED NEWhistory →COM1.65%$3M51.6K
18ISHARES TR MSCI USA VALUEMSCI USA VALUE1.57%$3M30.2K
19GQ9SPDR GOLD SHAREShistory →GOLD SHS1.54%$3M15.9K
20SCHWAB FUNDAMENTAL U.S. LARGE COMPANY INDEX ETFSCHWAB FDT US LG1.49%$3M50.9K
21VANGUARD FTSE ALL-WORLD EX-US ETFALLWRLD EX US1.42%$2M49.5K
22ALERIAN MLP ETFALERIAN MLP1.40%$2M70.6K
23ISHARES TR CRE U S REIT ETFCRE U S REIT ETF1.38%$2M45.1K
24AVANTIS US SMALL CAP VALUE ETFUS SML CP VALU1.36%$2M34.5K
25DFAUDIMENSIONAL US CORE EQUITY MARKET ETFhistory →US CORE EQT MKT1.35%$2M88.8K
26ISHARES TR CORE SP MCP ETFCORE S&P MCP ETF1.18%$2M9.1K
27EPDENTERPRISE PRODUCTS PARTNERS L Phistory →COM1.12%$2M80.1K
28ISHARES CORE SP MID CAPETFCORE S&P MCP ETF1.01%$2M7.8K
29SPDR SP OIL GAS EXPLORATION PRODUCTION ETFS&P OILGAS EXP1.00%$2M14.6K
30DFIVDIMENSIONAL ETF TRUST INTL VALE ETFINTERNATNAL VAL0.98%$2M59.2K
31SPDR SP 500 ETFTR UNIT0.94%$2M4.3K
32INVESCO SP 500 EQUAL WEIGHT ETFS&P500 EQL WGT0.93%$2M12.0K
33COPCONOCOPHILLIPSCOM0.79%$1M15.4K
34OSCHWAB FUNDAMENTAL US LARGE COMPANY IDXCOM0.76%$1M65.3K
35SHELSHELL PLC SPON ADSSPON ADS0.74%$1M24.6K
36XLESPDR ENERGY SELECT SECTOR FUNDENERGY0.73%$1M17.8K
37BMYBRISTOL-MYERS SQUIBB COMPANYCOM0.72%$1M16.2K
38ISHARES TR INTL EQTY FACTORINTL EQTY FACTOR0.71%$1M52.7K
39ISHARES CORE US REIT ETFCRE U S REIT ETF0.70%$1M22.4K
40SPDR SSGA ULTRA SHORT TERM BOND ETFULT SHT TRM BD0.66%$1M28.7K
41PSXPHILLIPS 66COM0.64%$1M13.5K
42ISHARES TR CORE SP SCP ETFCORE S&P SCP ETF0.63%$1M11.8K
43SCHYSCHWAB INTERNATIONAL DIVIDEND EQUITY ETFINTERNL DIVID0.59%$1M45.8K
44JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETFULTRA SHT MUNCPL0.59%$1M20.2K
45WEPMAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LPCOM UNIT RP LP0.58%$1M21.3K
46ABBVABBVIE INCORPORATEDCOM0.57%$989,0006.5K
47ABRDN BLOOMBERG ALL COMMODITY STRATEGYBBRG ALL COMD K10.55%$948,00034.9K
48BACBK OF AMERICA CORPORATIONCOM0.54%$935,00030.0K
49DAVIS SELECT WORLDWIDE ETFSELECT WRLD WI0.52%$903,00037.4K
50SPDR SSGA US SMALL CAP LOW VOLATILITY INDEX ETFSSGA US SMAL ETF0.51%$882,0008.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$371M158May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$329M153Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$301M141Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$263M131Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$234M125May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$217M122Feb 3, 202513F-HRchanges · EDGAR ↗
Q3 2024$210M128Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$187M126Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$170M119May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$160M110Jan 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$148M105Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$152M106Jul 25, 202313F-HRchanges · EDGAR ↗
Q1 2023$123M122May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$161M116Jan 27, 202313F-HRchanges · EDGAR ↗
Q3 2022$152M404Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$174M137Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$201M158May 18, 2022RESTATEMENTchanges · EDGAR ↗
Q4 2021$199M157Feb 4, 202213F-HRchanges · EDGAR ↗
Q3 2021$175M152Oct 22, 202113F-HRchanges · EDGAR ↗
Q2 2021$161M140Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$167M399May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$131M422Feb 5, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.