SEC 13F Intelligence

Managers / Q3 2022 · view latest →

COWA, LLC

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

Reported Value
$152M
Q3 2022
Positions
404
Filings on Record
23
2019–present window
Filed
Nov 4, 2022
original filing

Summary

Cowa, LLC reported $152M in U.S.-listed holdings across 404 positions for Q3 2022.

Its largest position, AAPL, represents 4.0% of the portfolio.

Compared with Q2 2022, the fund opened 239 new positions and exited 5.

Portfolio Metrics

Turnover
+11.7%
vs prior filed quarter
Top-10 Concentration
+30.9%
share of reported value
Largest Position
+4.0%
Apple Incorporated
New / Exited
239 / 5
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: 64.6%Common Stock: 29.3%MLP: 2.6%ADR: 1.7%REIT: 0.9%Other: 1.0%
  • ETP · 64.6% · $98M
  • Common Stock · 29.3% · $44M
  • MLP · 2.6% · $4M
  • ADR · 1.7% · $3M
  • REIT · 0.9% · $1M
  • Other · 1.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ATVIEURACTIVISION BLIZZARD INCORPORATEDNEW+10.3K10.3K+$765,000$765,000
PGPROCTER AND GAMBLE COMPANYNEW+2.4K2.4K+$308,000$308,000
CLRUSDCONTINENTAL RES INCORPORATEDNEW+3.9K3.9K+$261,000$261,000
SPDR SP REGIONAL BANKING ETFNEW+3.9K3.9K+$227,000$227,000
PLUNPLUG POWER INCORPORATED COM NEWNEW+10.7K10.7K+$226,000$226,000
TWTRUSDTWITTER INCORPORATEDNEW+4.7K4.7K+$204,000$204,000
VANGUARD TOTAL STOCK MARKET ETFNEW+1.1K1.1K+$198,000$198,000
EMREMERSON ELEC COMPANYNEW+2.7K2.7K+$196,000$196,000

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

Holdings — Q3 2022

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INCORPORATEDhistory →COM4.00%$6M43.9K
2SPDR PORTFOLIO SP 500 HIGH DIVIDEND ETFPRTFLO S&P500 HI3.91%$6M167.2K
3DFAIDIMENSIONAL INTERN CORE EQT MKT ETFhistory →INTL CORE EQT MK3.49%$5M244.7K
4SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUSTUT SER 13.12%$5M16.4K
5ISHARES TR CORE HIGH DV ETFCORE HIGH DV ETF3.09%$5M51.4K
6AVANTIS U.S. SMALL CAP VALUE ETFUS SML CP VALU2.82%$4M64.6K
7DFAUDIMENSIONAL US CORE EQUITY MARKT ETFhistory →US CORE EQT MKT2.75%$4M164.0K
8SCHWAB FUNDAMENTAL U.S. LARGE COMPANY INDEX ETFSCHWAB FDT US LG2.68%$4M85.1K
9ISHARES TR INTL SEL DIV ETFINTL SEL DIV ETF2.54%$4M170.9K
10SPDR SP 500 HIGH DIVIDEND ETFPRTFLO S&P500 HI2.53%$4M107.2K
11SCHWAB US DIVIDEND EQUITY ETFUS DIVIDEND EQ2.34%$4M53.4K
12OKEONEOK INCORPORATED NEWhistory →COM1.90%$3M56.3K
13ISHARES TR CORE SP500 ETFCORE S&P500 ETF1.90%$3M8.0K
14DFIVDIMENSIONAL ETF TRUST INTL VALE ETFhistory →INTERNATNAL VAL1.85%$3M109.1K
15ALERIAN MLP ETFALERIAN MLP1.75%$3M72.4K
16IAU*ISHARES GOLD TR ISHARES NEWhistory →ISHARES NEW1.66%$3M79.9K
17GQ9SPDR GOLD SHAREShistory →GOLD SHS1.66%$3M16.2K
18SPDR SP OIL GAS EXPLORATION PRODUCTION ETFS&P OILGAS EXP1.65%$3M20.1K
19AVANTIS US SMALL CAP VALUE ETFUS SML CP VALU1.56%$2M35.4K
20DFAIDIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETFhistory →INTL CORE EQT MK1.55%$2M109.0K
21COPCONOCOPHILLIPShistory →COM1.54%$2M23.7K
22ISHARES TR CORE MSCI EAFECORE MSCI EAFE1.38%$2M39.9K
23VANGUARD FTSE ALLWORLD EXUS ETFALLWRLD EX US1.36%$2M46.5K
24DFAUDIMENSIONAL US CORE EQUITY MARKET ETFhistory →US CORE EQT MKT1.33%$2M80.3K
25EPDENTERPRISE PRODUCTS PARTNERS L Phistory →COM1.26%$2M80.6K
26ISHARES 0 TO 3 MNTH TREASURY BND ETF0-3 MNTH TREASRY1.17%$2M17.7K
27ISHARES CORE SP MID CAPETF IVCORE S&P MCP ETF1.13%$2M7.7K
28ISHARES TR MSCI USA VALUEMSCI USA VALUE1.12%$2M20.7K
29INVESCO SP 500 EQUAL WEIGHT ETFS&P500 EQL WGT1.02%$2M12.0K
30ISHARES TR CORE SP MCP ETFCORE S&P MCP ETF0.89%$1M6.2K
31ISHARES TR CRE U S REIT ETFCRE U S REIT ETF0.86%$1M27.4K
32XLESPDR ENERGY SELECT SECTOR FUNDENERGY0.85%$1M17.8K
33SHELSHELL PLC SPON ADSSPON ADS0.83%$1M25.2K
34SPDR SP 500 ETFTR UNIT0.78%$1M3.3K
35BACBK OF AMERICA CORPORATIONCOM0.78%$1M39.0K
36OSCHWAB FUNDAMENTAL US LARGE COMPANY IDXCOM0.73%$1M57.1K
37ISHARES CORE US REIT ETF IVCRE U S REIT ETF0.70%$1M22.4K
38WEPMAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LPCOM UNIT RP LP0.70%$1M22.3K
39PSXPHILLIPS 66COM0.69%$1M13.0K
40ISHARES TR CORE SP SCP ETFCORE S&P SCP ETF0.64%$974,00011.2K
41MSFTMICROSOFT CORPORATIONCOM0.59%$899,0003.9K
42ARANTERO RESOURCES CORPORATIONCOM0.58%$876,00028.7K
43DAVIS SELECT WORLDWIDE ETFSELECT WRLD WI0.54%$819,00037.4K
44ABBVABBVIE INCORPORATEDCOM0.52%$786,0005.9K
45ARLPALLIANCE RESOURCE PARTNERS L P UT LTD PARTUT LTD PART0.51%$768,00033.6K
46ATVIEURACTIVISION BLIZZARD INCORPORATEDCOM0.50%$765,00010.3K
47DHRDANAHER CORPORATIONCOM0.50%$759,0002.9K
48SPDR SSGA US SMALL CAP LOW VOLATILITY INDEX ETFSSGA US SMAL ETF0.49%$747,0007.6K

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 ↗.