SEC 13F Intelligence

Managers / Q2 2024 · view latest →

COWA, LLC

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

Reported Value
$187M
Q2 2024
Positions
126
Filings on Record
23
2019–present window
Filed
Aug 12, 2024
original filing

Summary

Cowa, LLC reported $187M in U.S.-listed holdings across 126 positions for Q2 2024.

Its largest position, American Centy Etf Tr, represents 6.6% of the portfolio.

Compared with Q1 2024, the fund opened 18 new positions and exited 11.

Portfolio Metrics

Turnover
+6.0%
vs prior filed quarter
Top-10 Concentration
+43.5%
share of reported value
Largest Position
+6.6%
American Centy Etf Tr
New / Exited
18 / 11
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: 70.2%Common Stock: 26.6%MLP: 1.8%ADR: 1.1%Other: 0.3%Other: 0.0%
  • ETP · 70.2% · $132M
  • Common Stock · 26.6% · $50M
  • MLP · 1.8% · $3M
  • ADR · 1.1% · $2M
  • Other · 0.3% · $633,256
  • Other · 0.0% · $5,227

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+131.8K131.8K+$3M$3M
ISHARES TRNEW+132.9K132.9K+$3M$3M
SELECT SECTOR SPDR TRNEW+16.2K16.2K+$620,782$620,782
FFORD MTR CO DELNEW+28.6K28.6K+$358,583$358,583
WMBWILLIAMS COS INCNEW+7.0K7.0K+$342,143$342,143
CAMBRIA ETF TRNEW+4.4K4.4K+$300,227$300,227
CFGCITIZENS FINL GROUP INCNEW+7.6K7.6K+$275,557$275,557
LNTALLIANT ENERGY CORPNEW+5.3K5.3K+$269,159$269,159

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

Holdings — Q2 2024

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRINTL SEL DIV ETF · CORE HIGH DV ETF · 0-3 MNTH TREASRY · IBONDS DEC2026 · IBONDS 2026 TERM · CORE MSCI EAFE · CORE S&P500 ETF · CORE S&P MCP ETF · IBONDS 25 TRM HG · CRE U S REIT ETF · CORE S&P SCP ETF19.39%$36M850.4K
2DFIVDIMENSIONAL ETF TRUSTINTERNATNAL VAL · INTL CORE EQT MK · US CORE EQT MKT13.22%$25M721.5K
3AMERICAN CENTY ETF TRUS SML CP VALU · INTL SMCP VLU7.26%$14M156.6K
4SPDR SER TRPRTFLO S&P500 HI · S&P REGL BKG · SSGA US SMAL ETF6.59%$12M287.2K
5SCHYSCHWAB STRATEGIC TRUS DIVIDEND EQ · FUNDAMENTAL US L · FUNDAMENTAL EMER · INTERNL DIVID4.58%$9M188.5K
6AAPLAPPLE INChistory →COM4.08%$8M36.3K
7ALPS ETF TRALERIAN MLP3.62%$7M141.4K
8OKEONEOK INC NEWhistory →COM2.79%$5M64.2K
9SPDR DOW JONES INDL AVERAGEUT SER 12.72%$5M13.0K
10GQ9SPDR GOLD TRhistory →GOLD SHS1.85%$3M16.1K
11INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT1.61%$3M28.1K
12IAU*ISHARES GOLD TRhistory →ISHARES NEW1.47%$3M62.6K
13EPDENTERPRISE PRODS PARTNERS Lhistory →COM1.33%$2M85.8K
14FIXCOMFORT SYS USA INChistory →COM1.21%$2M7.5K
15COPCONOCOPHILLIPShistory →COM1.21%$2M19.8K
16MSFTMICROSOFT CORPhistory →COM1.10%$2M4.6K
17VANGUARD INTL EQUITY INDEX FALLWRLD EX US1.09%$2M34.8K
18BACBANK AMERICA CORPhistory →COM1.01%$2M47.5K
19SPDR S&P 500 ETF TRTR UNIT0.94%$2M3.2K
20XLESELECT SECTOR SPDR TRENERGY0.80%$1M16.4K
21SHELSHELL PLCSPON ADS0.76%$1M19.6K
22VANGUARD WHITEHALL FDSINTL HIGH ETF0.68%$1M18.7K
23PSXPHILLIPS 66COM0.61%$1M8.0K
24AMGNAMGEN INCCOM0.54%$1M3.2K
25EXMOCEXXON MOBIL CORPCOM0.50%$939,0998.2K
26ABBVABBVIE INCCOM0.50%$935,9855.5K
27PRUPRUDENTIAL FINL INCCOM0.49%$921,1597.9K
28HDHOME DEPOT INCCOM0.48%$905,3342.6K
29TAT&T INCCOM0.47%$874,47145.8K
30IBMINTERNATIONAL BUSINESS MACHSCOM0.46%$861,0955.0K
31PAGPEURPLAINS GP HLDGS L PLTD PARTNR INT A0.44%$833,56644.3K
32WMTWALMART INCCOM0.44%$823,89512.2K

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 ↗.