SEC 13F Intelligence

Managers / Q3 2024 · view latest →

COWA, LLC

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

Reported Value
$210M
Q3 2024
Positions
128
Filings on Record
23
2019–present window
Filed
Nov 1, 2024
original filing

Summary

Cowa, LLC reported $210M in U.S.-listed holdings across 128 positions for Q3 2024.

Its largest position, American Centy Etf Tr, represents 7.7% of the portfolio.

Compared with Q2 2024, the fund opened 13 new positions and exited 11.

Portfolio Metrics

Turnover
+7.6%
vs prior filed quarter
Top-10 Concentration
+41.5%
share of reported value
Largest Position
+7.7%
American Centy Etf Tr
New / Exited
13 / 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: 72.3%Common Stock: 24.8%MLP: 1.6%ADR: 1.0%Other: 0.3%Other: 0.0%
  • ETP · 72.3% · $152M
  • Common Stock · 24.8% · $52M
  • MLP · 1.6% · $3M
  • ADR · 1.0% · $2M
  • Other · 0.3% · $670,710
  • Other · 0.0% · $5,458

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IBDQISHARES TRNEW+106.9K106.9K+$3M$3M
ISHARES TRNEW+79.6K79.6K+$2M$2M
ISHARES TRNEW+50.6K50.6K+$1M$1M
ISHARES TRNEW+7.9K7.9K+$802,058$802,058
ISHARES INCNEW+9.4K9.4K+$669,757$669,757
AESAES CORPNEW+19.8K19.8K+$397,315$397,315
ISHARES TRNEW+13.6K13.6K+$348,130$348,130
BABAALIBABA GROUP HLDG LTDNEW+3.1K3.1K+$325,682$325,682

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

Holdings — Q3 2024

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IBDQISHARES TRINTL SEL DIV ETF · IBONDS 2026 TERM · CORE HIGH DV ETF · 0-3 MNTH TREASRY · IBONDS 25 TRM HG · CORE MSCI EAFE · CORE S&P500 ETF · IBONDS DEC25 ETF · CORE S&P SCP ETF · CORE S&P MCP ETF · IBONDS DEC 29 · CRE U S REIT ETF · IBONDS DEC2026 · IBONDS 29 TRM TS22.17%$47M1.18M
2DFIVDIMENSIONAL ETF TRUSTINTERNATNAL VAL · INTL CORE EQT MK · US CORE EQT MKT11.49%$24M655.2K
3AMERICAN CENTY ETF TRUS SML CP VALU · INTL SMCP VLU8.76%$18M199.6K
4SCHYSCHWAB STRATEGIC TRFUNDAMENTAL US L · FUNDAMENTAL EMER · US DIVIDEND EQ · INTERNL DIVID6.38%$13M273.7K
5SPDR SER TRPRTFLO S&P500 HI · S&P REGL BKG · SSGA US SMAL ETF5.21%$11M220.8K
6AAPLAPPLE INChistory →COM4.13%$9M37.3K
7ALPS ETF TRALERIAN MLP3.27%$7M145.9K
8SPDR DOW JONES INDL AVERAGEUT SER 12.62%$5M13.0K
9OKEONEOK INC NEWhistory →COM2.56%$5M59.1K
10GQ9SPDR GOLD TRhistory →GOLD SHS2.30%$5M19.9K
11IAU*ISHARES GOLD TRhistory →ISHARES NEW1.38%$3M58.4K
12EPDENTERPRISE PRODS PARTNERS Lhistory →COM1.19%$2M85.8K
13FIXCOMFORT SYS USA INChistory →COM1.18%$2M6.4K
14INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT1.14%$2M13.4K
15VANGUARD INTL EQUITY INDEX FALLWRLD EX US1.04%$2M34.6K
16COPCONOCOPHILLIPShistory →COM1.00%$2M20.0K
17BACBANK AMERICA CORPCOM0.89%$2M46.9K
18SPDR S&P 500 ETF TRTR UNIT0.85%$2M3.1K
19VANGUARD WHITEHALL FDSINTL HIGH ETF0.79%$2M22.5K
20MSFTMICROSOFT CORPCOM0.68%$1M3.3K
21SHELSHELL PLCSPON ADS0.62%$1M19.7K
22WMTWALMART INCCOM0.53%$1M13.9K
23IBMINTERNATIONAL BUSINESS MACHSCOM0.52%$1M5.0K
24TAT&T INCCOM0.52%$1M49.6K
25ABBVABBVIE INCCOM0.51%$1M5.5K
26PSXPHILLIPS 66COM0.51%$1M8.1K
27AMGNAMGEN INCCOM0.50%$1M3.2K
28PRUPRUDENTIAL FINL INCCOM0.45%$955,0037.9K
29HDHOME DEPOT INCCOM0.43%$903,5592.2K

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 ↗.