SEC 13F Intelligence

Managers / Q4 2024 · view latest →

COWA, LLC

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

Reported Value
$217M
Q4 2024
Positions
122
Filings on Record
23
2019–present window
Filed
Feb 3, 2025
original filing

Summary

Cowa, LLC reported $217M in U.S.-listed holdings across 122 positions for Q4 2024.

Its largest position, American Centy Etf Tr, represents 8.1% of the portfolio.

Compared with Q3 2024, the fund opened 10 new positions and exited 16.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Top-10 Concentration
+41.0%
share of reported value
Largest Position
+8.1%
American Centy Etf Tr
New / Exited
10 / 16
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: 73.2%Common Stock: 23.9%MLP: 1.7%ADR: 1.0%Other: 0.2%Other: 0.0%
  • ETP · 73.2% · $159M
  • Common Stock · 23.9% · $52M
  • MLP · 1.7% · $4M
  • ADR · 1.0% · $2M
  • Other · 0.2% · $515,576
  • Other · 0.0% · $4,766

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SIMPLIFY EXCHANGE TRADED FUNNEW+107.7K107.7K+$3M$3M
SELECT SECTOR SPDR TRNEW+3.3K3.3K+$454,256$454,256
CFGCITIZENS FINL GROUP INCNEW+8.6K8.6K+$422,340$422,340
LUVSOUTHWEST AIRLS CONEW+9.0K9.0K+$304,227$304,227
AMZNAMAZON COM INCNEW+1.4K1.4K+$288,250$288,250
ISHARES TRNEW+13.2K13.2K+$267,867$267,867
ATRCATRICURE INCNEW+7.1K7.1K+$216,884$216,884
ARANTERO RESOURCES CORPNEW+6.0K6.0K+$210,300$210,300

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

Holdings — Q4 2024

30 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IBDQISHARES TRIBONDS DEC2026 · IBONDS 2026 TERM · INTL SEL DIV ETF · CORE HIGH DV ETF · IBONDS DEC25 ETF · 0-3 MNTH TREASRY · IBONDS 25 TRM HG · CORE S&P500 ETF · IBONDS DEC 29 · CORE MSCI EAFE · CORE S&P SCP ETF · CORE S&P MCP ETF · IBDS DEC28 ETF · IBONDS 29 TRM TS25.66%$56M1.67M
2DFIVDIMENSIONAL ETF TRUSTINTERNATNAL VAL · INTL CORE EQT MK · US CORE EQT MKT9.79%$21M611.8K
3AMERICAN CENTY ETF TRUS SML CP VALU · INTL SMCP VLU9.79%$21M239.2K
4SCHWAB STRATEGIC TRFUNDAMENTAL EMER · FUNDAMENTAL US L · US DIVIDEND EQ5.87%$13M481.4K
5SPDR SER TRPRTFLO S&P500 HI · S&P REGL BKG · SSGA US SMAL ETF4.93%$11M223.3K
6AAPLAPPLE INChistory →COM4.19%$9M36.3K
7OKEONEOK INC NEWhistory →COM2.55%$6M55.2K
8SPDR DOW JONES INDL AVERAGEUT SER 12.54%$6M11.5K
9ALPS ETF TRALERIAN MLP2.13%$5M96.0K
10INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT1.48%$3M41.2K
11SIMPLIFY EXCHANGE TRADED FUNMANAGED FUTURES1.38%$3M107.7K
12GQ9SPDR GOLD TRhistory →GOLD SHS1.27%$3M11.4K
13EPDENTERPRISE PRODS PARTNERS Lhistory →COM1.27%$3M87.8K
14IAU*ISHARES GOLD TRhistory →ISHARES NEW1.22%$3M53.3K
15FIXCOMFORT SYS USA INChistory →COM1.04%$2M5.3K
16VANGUARD WHITEHALL FDSINTL HIGH ETF1.02%$2M32.6K
17COPCONOCOPHILLIPSCOM0.97%$2M22.3K
18VANGUARD INTL EQUITY INDEX FALLWRLD EX US0.92%$2M34.6K
19MSFTMICROSOFT CORPCOM0.82%$2M4.2K
20SPDR S&P 500 ETF TRTR UNIT0.79%$2M2.9K
21BACBANK AMERICA CORPCOM0.61%$1M30.0K
22TAT&T INCCOM0.53%$1M50.7K
23SHELSHELL PLCSPON ADS0.53%$1M18.3K
24WMTWALMART INCCOM0.51%$1M12.2K
25HPEHEWLETT PACKARD ENTERPRISE CCOM0.47%$1M47.6K
26IBMINTERNATIONAL BUSINESS MACHSCOM0.47%$1M4.6K
27ABBVABBVIE INCCOM0.45%$969,7095.5K
28BMYBRISTOL-MYERS SQUIBB COCOM0.44%$959,82117.0K
29PRUPRUDENTIAL FINL INCCOM0.43%$934,7367.9K
30PSXPHILLIPS 66COM0.43%$922,7648.1K

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 ↗.