Cowa, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 6, 2026), Cowa, LLC reported 178 stock positions worth $369.4 million. Its top holding was iShares Ibond 2026 HY & (IBHF) at 7.3% of the portfolio, followed by Avantis US Small Cap Value (AVUV, 7.2%) and Comfort Systems USA (FIX, 6.7%). Compared with Q1 2026, it opened 26 new positions, sold out of 3, added to 64 and reduced 58. The biggest buy was Comfort Systems USA (FIX, shares +4%) and the biggest sale Apple (AAPL, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- Tulsa, OK
- CIK
- 0001844480
- Portfolio Value
- $369.4M (Q2 2026)
- SEC Filing
- 0001172661-26-003103 ↗ filed Aug 6, 2026
Holdings Value
Holdings 178 stocks · $369.4M
| IBHF iShares Ibond 2026 HY & Inc. | 7.28% | 1,186,840 | $26.9M | Add +7.0% |
| AVUV Avantis US Small Cap Value | 7.23% | 214,066 | $26.7M | Reduce -5.5% |
| FIX Comfort Systems USA Inc. | 6.67% | 12,439 | $24.7M | Add +3.5% |
| DFIV Dimensional International Va | 6.32% | 432,023 | $23.3M | Reduce -2.6% |
| IBDX iShares Ibonds Dec 2032 TC | 5.28% | 774,107 | $19.5M | Add +6.2% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 3.63% | 337,812 | $13.4M | Add +4.6% |
| AAPL Apple Inc. | 3.14% | 40,128 | $11.6M | Reduce -7.1% |
| IDV iShares International Select | 3.09% | 275,470 | $11.4M | Reduce -0.8% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 2.45% | 189,929 | $9.1M | Add +1.1% |
| IBDW iShares Ibonds Dec 2031 Corp. | 2.44% | 433,167 | $9.0M | Add +6.0% |
| CTA Simplify Managed Futures St | 2.27% | 323,481 | $8.4M | Add +7.4% |
| HDV iShares Core High Dividend E | 2.13% | 287,720 | $7.9M | Add +0.3% |
| AVDV Avantis Intl S/C Value ETF | 2.05% | 73,577 | $7.6M | Reduce -0.7% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 2.01% | 239,072 | $7.4M | Add +0.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 1.72% | 12,153 | $6.3M | Reduce -2.5% |
| DFAI Dimensional International Co. | 1.62% | 145,476 | $6.0M | Add +0.6% |
| SGOV iShares 0-3 Month Treasury B | 1.39% | 51,135 | $5.1M | Add +10.5% |
| OKE Oneok Inc. | 1.38% | 58,490 | $5.1M | Reduce -1.3% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.23% | 46,248 | $4.5M | Add +2.1% |
| DFAU Dimensional US Core Equity M | 1.21% | 86,560 | $4.5M | Add +0.5% |
| RSP Invesco S&P 500 Equal Weight | 1.20% | 20,840 | $4.4M | Add +2.4% |
| AMLP Alerian MLP ETF | 1.05% | 74,714 | $3.9M | Reduce -0.6% |
| SCHD Schwab US DVD Equity ETF | 1.03% | 119,874 | $3.8M | Reduce -0.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.86% | 32,755 | $3.2M | Add +3.3% |
| EPD Enterprise Products Partners | 0.81% | 81,330 | $3.0M | Add +6.5% |
| NVDA Nvidia Corp. | 0.80% | 14,725 | $2.9M | Reduce -2.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.75% | 33,268 | $2.8M | Add +0.0% |
| UPS United Parcel Service Class B | 0.69% | 23,646 | $2.5M | Add +8.8% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.64% | 94,287 | $2.4M | Add +17.7% |
| GLD SPDR Gold Shares | 0.63% | 6,308 | $2.3M | Reduce -1.5% |
| IAU iShares Gold Trust | 0.59% | 29,079 | $2.2M | Reduce -3.9% |
| COP Conocophillips | 0.57% | 20,318 | $2.1M | Add +0.0% |
| USDU Wisdomtree BBG Usd Bullish | 0.56% | 77,741 | $2.1M | Add +42.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.55% | 2,723 | $2.0M | Reduce -0.9% |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.53% | 76,745 | $2.0M | Add +14.9% |
| PWR Quanta Services Inc. | 0.53% | 2,731 | $2.0M | No change |
| MSFT Microsoft Corp. | 0.51% | 5,057 | $1.9M | Reduce -1.4% |
| KRE SS SPDR S&P Regional Bank | 0.50% | 24,632 | $1.8M | Add +27.0% |
| KMB Kimberly-Clark Corp. | 0.49% | 16,560 | $1.8M | Add +36.1% |
| WMT Walmart Inc. | 0.43% | 14,169 | $1.6M | No change |
| IBDU iShares Ibonds Dec 2029 Term | 0.41% | 64,949 | $1.5M | Reduce -2.1% |
| IVV iShares Core S&P 500 ETF | 0.40% | 1,983 | $1.5M | Add +9.3% |
| CSCO Cisco Systems Inc. | 0.38% | 11,951 | $1.4M | Reduce -0.8% |
| ABBV Abbvie Inc. | 0.37% | 5,469 | $1.4M | Reduce -6.2% |
| DFLV Dim US Large Cap Value ETF | 0.37% | 34,113 | $1.3M | Add +1.6% |
| PSX Phillips 66 | 0.36% | 7,868 | $1.3M | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.36% | 4,676 | $1.3M | Reduce -0.8% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 16,716 | $1.3M | Add +0.6% |
| SMLV SS SPDR US SC Low Vol Idx | 0.34% | 7,910 | $1.2M | Reduce -0.2% |
| DES Wisdomtree US Smallcap Divid | 0.32% | 29,371 | $1.2M | Add +7.9% |
| BMY Bristol-Myers Squibb Co. | 0.32% | 20,323 | $1.2M | Reduce -3.9% |
| BAC Bank of America Corp. | 0.31% | 19,798 | $1.1M | No change |
| AMGN Amgen Inc. | 0.30% | 3,112 | $1.1M | Add +0.0% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.30% | 51,540 | $1.1M | Reduce -2.9% |
| SYLD Cambria Shareholder Yield Et | 0.30% | 13,805 | $1.1M | Reduce -6.2% |
| XOM Exxon Mobil Corp. | 0.29% | 7,966 | $1.1M | No change |
| KHC The Kraft Heinz Co. | 0.28% | 44,314 | $1.0M | Reduce -0.3% |
| CVX Chevron Corp. | 0.27% | 5,944 | $985K | Add +8.7% |
| XSHD Invesco S&P Smallcap High Di | 0.26% | 68,848 | $972K | Reduce -6.5% |
| PEP Pepsico Inc. | 0.26% | 7,084 | $959K | Add +3.0% |
| HD Home Depot Inc. | 0.26% | 2,689 | $948K | No change |
| TGT Target Corp. | 0.26% | 7,226 | $944K | Add +1.2% |
| HPE Hewlett Packard Enterprise | 0.26% | 20,900 | $943K | Reduce -44.1% |
| PRU Prudential Financial Inc. | 0.25% | 8,486 | $916K | No change |
| IBHG iShares Ibonds 2027 HY Inc. | 0.25% | 41,195 | $910K | Add +5.1% |
| SHEL Shell PLC-ADR | 0.24% | 11,463 | $889K | Reduce -1.6% |
| IMTM iShares MSCI Intl Momentum F | 0.24% | 16,394 | $874K | Reduce -2.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 1,184 | $872K | Add +7.5% |
| BOKF Bok Financial Corporation | 0.23% | 6,123 | $850K | No change |
| KO The Coca-Cola Co. | 0.23% | 10,413 | $846K | Add +0.0% |
| MRK Merck & Co. Inc. | 0.23% | 6,531 | $839K | Reduce -7.8% |
| CAG Conagra Brands Inc. | 0.23% | 62,103 | $836K | Add +25.5% |
| PAGP Plains GP Holdings LP | 0.22% | 33,870 | $822K | Reduce -0.3% |
| MTUM iShares MSCI USA Momentum Fa | 0.22% | 2,385 | $818K | Reduce -2.6% |
| ARLP Alliance Resource Partners | 0.22% | 33,558 | $805K | No change |
| PFF iShares Preferred & Income S | 0.21% | 25,979 | $792K | Add +3.0% |
| AES AES Corp. | 0.21% | 53,682 | $787K | Reduce -0.7% |
| DVN Devon Energy Corp. | 0.21% | 18,586 | $768K | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 0.20% | 5,055 | $750K | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 0.20% | 2,096 | $749K | Reduce -19.4% |
| T AT&T Inc. | 0.19% | 34,654 | $717K | Add +3.6% |
| BABA Alibaba Group Holding-SP ADR | 0.19% | 7,464 | $716K | Add +91.8% |
| RTX RTX Corp. | 0.19% | 3,763 | $714K | Reduce -5.2% |
| JPM JPMorgan Chase & Co. | 0.18% | 2,074 | $679K | Add +0.7% |
| GE General Electric filed as GE AEROSPACE | 0.18% | 1,816 | $679K | No change |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.18% | 7,497 | $658K | Reduce -1.0% |
| XLE SS Energy Select Sector | 0.18% | 12,320 | $654K | Reduce -1.6% |
| C Citigroup Inc. | 0.18% | 4,675 | $654K | No change |
| DASH DoorDash Inc. Class A | 0.18% | 3,528 | $651K | New |
| QUAL iShares MSCI USA Quality Fac | 0.17% | 2,909 | $645K | Reduce -52.4% |
| IQLT iShares MSCI International Q | 0.17% | 12,856 | $637K | Add +38.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.17% | 6,532 | $630K | Reduce -65.8% |
| POR Portland General Electric Co. | 0.17% | 11,854 | $614K | Reduce -0.6% |
| VZ Verizon Communications Inc. | 0.16% | 14,217 | $602K | Add +9.3% |
| SCHY Schwab International DVD ETF | 0.16% | 18,852 | $598K | Add +0.1% |
| APA Apa Corp. | 0.16% | 18,121 | $590K | Reduce -17.8% |
| WFC Wells Fargo & Co. | 0.16% | 7,102 | $587K | No change |
| NOW ServiceNow Inc. | 0.16% | 5,817 | $578K | New |
| PFE Pfizer Inc. | 0.16% | 23,862 | $575K | Add +13.1% |
| PATH Uipath Inc. Class A | 0.15% | 52,553 | $571K | Add +131.9% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $29.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | 1,089,624 | $26.4M | Add +7.3% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | IBONDS 27 ETF · principal | 117,008 | $2.8M | Add +22.8% |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 17,000 | $764 | No change |
Total filed on the 13F, all lines: $398.6M.
Portfolio Sells Q1 2026 → Q2 2026
| AAPL Apple Inc. | Reduce -7.1% | 3.14% | −0.85 |
| DFIV Dimensional International Va | Reduce -2.6% | 6.32% | −0.50 |
| IDV iShares International Select | Reduce -0.8% | 3.09% | −0.35 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -65.8% | 0.17% | −0.34 |
| XLV SS Health Care Select Sector | Reduce -78.2% | 0.06% | −0.22 |
| IAU iShares Gold Trust | Reduce -3.9% | 0.59% | −0.18 |
| OKE Oneok Inc. | Reduce -1.3% | 1.38% | −0.18 |
| GLD SPDR Gold Shares | Reduce -1.5% | 0.63% | −0.17 |
| QUAL iShares MSCI USA Quality Fac | Reduce -52.4% | 0.17% | −0.17 |
| APA Apa Corp. | Reduce -17.8% | 0.16% | −0.11 |
| DEHP Dimensional Emrg MRK Hi Prof | Sold out | 0.00% | −0.11 |
| AMLP Alerian MLP ETF | Reduce -0.6% | 1.05% | −0.10 |
| AVDV Avantis Intl S/C Value ETF | Reduce -0.7% | 2.05% | −0.10 |
| VFMF Vanguard US Multifactor ETF | Sold out | 0.00% | −0.09 |
| SMMV iShares MSCI USA Small-Cap M | Reduce -48.6% | 0.09% | −0.09 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -50.8% | 0.10% | −0.08 |
| SHEL Shell PLC-ADR | Reduce -1.6% | 0.24% | −0.07 |
| VKTX Viking Therapeutics Inc. | Sold out | 0.00% | −0.07 |
| AMZN Amazon.com Inc. | Reduce -40.5% | 0.11% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.9% | 0.32% | −0.06 |
| AVUV Avantis US Small Cap Value | Reduce -5.5% | 7.23% | −0.05 |
| BP BP PLC-Spons ADR | Reduce -1.5% | 0.13% | −0.05 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.7% | 1.03% | −0.05 |
| XLE SS Energy Select Sector | Reduce -1.6% | 0.18% | −0.05 |
| MSFT Microsoft Corp. | Reduce -1.4% | 0.51% | −0.04 |
| IBDU iShares Ibonds Dec 2029 Term | Reduce -2.1% | 0.41% | −0.04 |
| JNJ Johnson & Johnson | Reduce -33.5% | 0.07% | −0.04 |
| IBDV iShares Ibonds Dec 2030 Corp. | Reduce -2.9% | 0.30% | −0.03 |
| RTX RTX Corp. | Reduce -5.2% | 0.19% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -6.3% | 0.08% | −0.03 |
| SYLD Cambria Shareholder Yield Et | Reduce -6.2% | 0.30% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -12.6% | 0.12% | −0.02 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -1.0% | 0.18% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -7.8% | 0.23% | −0.02 |
| XSHD Invesco S&P Smallcap High Di | Reduce -6.5% | 0.26% | −0.02 |
| PAGP Plains GP Holdings LP | Reduce -0.3% | 0.22% | −0.02 |
| POR Portland General Electric Co. | Reduce -0.6% | 0.17% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -12.4% | 0.10% | −0.02 |
| LNC Lincoln National Corp. | Reduce -3.5% | 0.13% | −0.02 |
| ECH iShares MSCI Chile ETF | Reduce -12.3% | 0.07% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -19.4% | 0.20% | −0.01 |
| WMB Williams Cos Inc. | Reduce -7.2% | 0.09% | −0.01 |
| ELM Elm Market Navigator ETF | Reduce -15.8% | 0.07% | −0.01 |
| AES AES Corp. | Reduce -0.7% | 0.21% | −0.01 |
| AZN Astrazeneca PLC | Reduce -1.3% | 0.06% | −0.01 |
| KHC The Kraft Heinz Co. | Reduce -0.3% | 0.28% | −0.01 |
| NGL NGL Energy Partners LP | Reduce -25.8% | 0.06% | −0.01 |
| HPE Hewlett Packard Enterprise | Reduce -44.1% | 0.26% | −0.00 |
| LLY Eli Lilly & Co. | Reduce -21.4% | 0.12% | −0.00 |
| IMTM iShares MSCI Intl Momentum F | Reduce -2.6% | 0.24% | +0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| FIX Comfort Systems USA Inc. | Add +3.5% | 6.67% | +1.85 |
| DASH DoorDash Inc. Class A | New | 0.18% | +0.18 |
| NOW ServiceNow Inc. | New | 0.16% | +0.16 |
| INTC Intel Corp. | New | 0.15% | +0.15 |
| KMB Kimberly-Clark Corp. | Add +36.1% | 0.49% | +0.15 |
| USDU Wisdomtree BBG Usd Bullish | Add +42.4% | 0.56% | +0.14 |
| IBCA iShares Ibonds Dec 2035 TC | New | 0.14% | +0.14 |
| KRE SS SPDR S&P Regional Bank | Add +27.0% | 0.50% | +0.13 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | New | 0.13% | +0.13 |
| OWL Blue Owl Capital Inc. | New | 0.12% | +0.12 |
| GEN Gen Digital Inc. | New | 0.12% | +0.12 |
| OCUL Ocular Therapeutix Inc. | New | 0.10% | +0.10 |
| CRM Salesforce Inc. | New | 0.10% | +0.10 |
| TRVI Trevi Therapeutics Inc. | New | 0.09% | +0.09 |
| EVER Everquote Inc. Class A | New | 0.08% | +0.08 |
| PATH Uipath Inc. Class A | Add +131.9% | 0.15% | +0.08 |
| DFAU Dimensional US Core Equity M | Add +0.5% | 1.21% | +0.08 |
| TRIP Tripadvisor Inc. | New | 0.08% | +0.08 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +0.3% | 2.01% | +0.08 |
| NCNO Ncino Inc. | New | 0.08% | +0.08 |
| ALSN Allison Transmission Holding | New | 0.08% | +0.08 |
| VLO Valero Energy Corp. | New | 0.07% | +0.07 |
| KDP Keurig Dr Pepper Inc. | New | 0.07% | +0.07 |
| SLG SL Green Realty Corp. | New | 0.07% | +0.07 |
| QCOM Qualcomm Inc. | New | 0.07% | +0.07 |
| TEAM Atlassian Corp. Class A | New | 0.07% | +0.07 |
| SAP Sap SE-Sponsored ADR | New | 0.07% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +9.3% | 0.40% | +0.07 |
| UPS United Parcel Service Class B | Add +8.8% | 0.69% | +0.07 |
| AEP American Electric Power | New | 0.06% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +2.4% | 1.20% | +0.06 |
| MNTN MNTN Inc. Class A | New | 0.06% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.06% | +0.06 |
| B Barrick Mining Corp. | New | 0.06% | +0.06 |
| UNP Union Pacific Corp. | New | 0.06% | +0.06 |
| MDY State Street SPDR S&P Midcap | New | 0.06% | +0.06 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +17.7% | 0.64% | +0.05 |
| BABA Alibaba Group Holding-SP ADR | Add +91.8% | 0.19% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.5% | 0.24% | +0.05 |
| IQLT iShares MSCI International Q | Add +38.1% | 0.17% | +0.05 |
| FISV Fiserv Inc. | Add +69.3% | 0.15% | +0.04 |
| DES Wisdomtree US Smallcap Divid | Add +7.9% | 0.32% | +0.04 |
| SGOV iShares 0-3 Month Treasury B | Add +10.5% | 1.39% | +0.04 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Add +4.6% | 3.63% | +0.03 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +14.9% | 0.53% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.0% | 0.75% | +0.03 |
| COLD Americold Realty Trust Inc. | Add +23.1% | 0.07% | +0.02 |
| EMR Emerson Electric Co. | Add +22.6% | 0.12% | +0.02 |
| APH Amphenol Corp. Class A | Add +0.7% | 0.10% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +0.6% | 0.35% | +0.02 |
Notes & Other Activity Q1 2026 → Q2 2026
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | Add +7.3% | 1,089,624 | $26.4M |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | IBONDS 27 ETF · principal | Add +22.8% | 117,008 | $2.8M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 178 | $369.4M | IBHF, AVUV, FIX, DFIV, IBDX |
| Q1 2026 | 155 | $343.7M | IBHF, AVUV, DFIV, IBDX, FIX |
| Q4 2025 | 152 | $328.6M | AVUV, IBHF, IBDR, DFIV, IBDX |
| Q3 2025 | 137 | $282.5M | AVUV, DFIV, IBHF, FIX, FNDE |
| Q2 2025 | 131 | $262.6M | AVUV, DFIV, IBHF, IBDR, FNDE |
| Q1 2025 | 125 | $234.1M | DFIV, AVUV, IBHF, AAPL, IBDR |
| Q4 2024 | 119 | $205.0M | AVUV, DFIV, AAPL, SPYD, IBHF |
| Q3 2024 | 128 | $210.0M | AVUV, DFIV, IDV, AAPL, SPYD |
| Q2 2024 | 126 | $187.4M | AVUV, DFIV, SPYD, IDV, AAPL |
| Q1 2024 | 119 | $169.7M | AVUV, DFIV, DFAI, AMLP, IDV |