Cowa, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Cowa, LLC reported 126 stock positions worth $187.4 million. Its top holding was Avantis US Small Cap Value (AVUV) at 6.6% of the portfolio, followed by Dimensional International Va (DFIV, 6.2%) and SS SPDR P S&P 500 Hi Div ETF (SPYD, 5.4%). Compared with Q1 2024, it opened 18 new positions, sold out of 11, added to 47 and reduced 39. The biggest buy was SS SPDR P S&P 500 Hi Div ETF (SPYD, shares +99%) and the biggest sale SPDR Gold Shares (GLD, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- Tulsa, OK
- CIK
- 0001844480
- Portfolio Value
- $187.4M (Q2 2024)
- SEC Filing
- 0001172661-24-003258 ↗ filed Aug 12, 2024
Holdings Value
Holdings 126 stocks · $187.4M
| AVUV Avantis US Small Cap Value | 6.65% | 138,942 | $12.5M | Add +5.3% |
| DFIV Dimensional International Va | 6.24% | 325,662 | $11.7M | Add +24.7% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 5.42% | 252,970 | $10.2M | Add +99.0% |
| IDV iShares International Select | 4.36% | 295,620 | $8.2M | Add +21.8% |
| AAPL Apple Inc. | 4.08% | 36,298 | $7.7M | Add +8.1% |
| AMLP Alerian MLP ETF | 3.62% | 141,407 | $6.8M | Reduce -1.7% |
| DFAI Dimensional International Co. | 3.59% | 226,820 | $6.7M | Reduce -1.1% |
| DFAU Dimensional US Core Equity M | 3.38% | 168,998 | $6.3M | Reduce -1.9% |
| HDV iShares Core High Dividend E | 3.38% | 58,197 | $6.3M | Add +1.4% |
| OKE Oneok Inc. | 2.79% | 64,243 | $5.2M | Reduce -10.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 2.72% | 13,038 | $5.1M | Reduce -0.9% |
| SGOV iShares 0-3 Month Treasury B | 2.21% | 41,300 | $4.1M | Reduce -4.6% |
| GLD SPDR Gold Shares | 1.85% | 16,103 | $3.5M | Reduce -22.6% |
| IBDR iShares Ibonds Dec 2026 Term | 1.68% | 131,817 | $3.1M | New |
| SCHD Schwab US DVD Equity ETF | 1.64% | 39,428 | $3.1M | Reduce -13.4% |
| IBHF iShares Ibond 2026 HY & Inc. | 1.62% | 132,889 | $3.0M | New |
| RSP Invesco S&P 500 Equal Weight | 1.61% | 28,097 | $3.0M | Add +193.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.56% | 40,286 | $2.9M | Add +12.4% |
| IAU iShares Gold Trust | 1.47% | 62,582 | $2.7M | Reduce -22.8% |
| IVV iShares Core S&P 500 ETF | 1.36% | 4,649 | $2.5M | Reduce -2.3% |
| EPD Enterprise Products Partners | 1.33% | 85,769 | $2.5M | Add +0.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.26% | 35,198 | $2.4M | Reduce -20.5% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 1.24% | 78,495 | $2.3M | Add +15.3% |
| FIX Comfort Systems USA Inc. | 1.21% | 7,465 | $2.3M | Add +103.7% |
| COP Conocophillips | 1.21% | 19,840 | $2.3M | Reduce -1.9% |
| IJH iShares Core S&P Midcap ETF | 1.20% | 38,512 | $2.3M | Add +3.4% |
| MSFT Microsoft Corp. | 1.10% | 4,604 | $2.1M | Add +0.9% |
| VEU Vanguard Ftse All-World Ex-U | 1.09% | 34,817 | $2.0M | Add +0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.01% | 47,508 | $1.9M | Reduce -0.6% |
| IBHE iShares Ibonds 2025 H/Y Inc. | 0.97% | 78,384 | $1.8M | Add +121.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.94% | 3,235 | $1.8M | No change |
| XLE SS Energy Select Sector | 0.80% | 16,395 | $1.5M | Add +58.8% |
| SHEL Shell PLC-ADR | 0.76% | 19,622 | $1.4M | Reduce -23.7% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.68% | 18,717 | $1.3M | Add +21.8% |
| KRE SS SPDR S&P Regional Bank | 0.68% | 25,838 | $1.3M | Add +8.8% |
| AVDV Avantis Intl S/C Value ETF | 0.61% | 17,619 | $1.1M | Add +11.7% |
| PSX Phillips 66 | 0.61% | 8,020 | $1.1M | Reduce -16.8% |
| USRT iShares Core US REIT ETF | 0.59% | 20,655 | $1.1M | Reduce -2.7% |
| AMGN Amgen Inc. | 0.54% | 3,228 | $1.0M | Reduce -6.1% |
| XOM Exxon Mobil Corp. | 0.50% | 8,159 | $939K | Add +23.7% |
| ABBV Abbvie Inc. | 0.50% | 5,457 | $936K | No change |
| PRU Prudential Financial Inc. | 0.49% | 7,860 | $921K | Reduce -2.2% |
| SMLV SS SPDR US SC Low Vol Idx | 0.49% | 8,369 | $921K | Reduce -2.9% |
| HD Home Depot Inc. | 0.48% | 2,630 | $905K | Add +2.3% |
| T AT&T Inc. | 0.47% | 45,760 | $874K | Add +70.8% |
| IJR iShares Core S&P Small-Cap E | 0.46% | 8,084 | $862K | Add +6.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.46% | 4,979 | $861K | Reduce -13.8% |
| SCHY Schwab International DVD ETF | 0.44% | 35,367 | $834K | Reduce -1.0% |
| PAGP Plains GP Holdings LP | 0.44% | 44,292 | $834K | Add +0.2% |
| WMT Walmart Inc. | 0.44% | 12,168 | $824K | Reduce -22.7% |
| ARLP Alliance Resource Partners | 0.44% | 33,558 | $821K | No change |
| KO The Coca-Cola Co. | 0.38% | 11,233 | $715K | Add +0.1% |
| PWR Quanta Services Inc. | 0.37% | 2,731 | $694K | Add +8.0% |
| DHR Danaher Corp. | 0.37% | 2,742 | $685K | Reduce -5.2% |
| XOP SS SPDR S&P Og Exp & Prod | 0.35% | 4,471 | $650K | No change |
| XRT SS SPDR S&P Retail ETF | 0.34% | 8,507 | $638K | Add +122.0% |
| LLY Eli Lilly & Co. | 0.34% | 703 | $636K | No change |
| DVN Devon Energy Corp. | 0.33% | 13,133 | $622K | Add +16.6% |
| XLRE SS Real Estate Select Sector | 0.33% | 16,162 | $621K | New |
| BP BP PLC-Spons ADR | 0.33% | 16,960 | $612K | Add +0.6% |
| KBE SS SPDR S&P Bank ETF | 0.32% | 12,919 | $599K | Add +11.9% |
| CVX Chevron Corp. | 0.32% | 3,811 | $596K | Add +8.5% |
| IP International Paper Co. | 0.30% | 13,043 | $563K | Add +18.7% |
| BOKF Bok Financial Corporation | 0.29% | 6,022 | $552K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.29% | 11,295 | $551K | No change |
| GOOGL Alphabet Inc. Class A | 0.29% | 2,957 | $539K | Reduce -51.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.28% | 1,305 | $531K | No change |
| LNC Lincoln National Corp. | 0.28% | 17,036 | $530K | Add +0.8% |
| JPM JPMorgan Chase & Co. | 0.27% | 2,529 | $512K | No change |
| SPHD Invesco S&P 500 High Dividen | 0.27% | 11,397 | $506K | Add +10.9% |
| PEP Pepsico Inc. | 0.27% | 3,050 | $503K | No change |
| DAL Delta Air Lines Inc. | 0.26% | 10,273 | $487K | Reduce -37.6% |
| XME SS SPDR S&P Metals Mining | 0.26% | 8,188 | $486K | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.26% | 11,703 | $483K | Reduce -2.6% |
| CSCO Cisco Systems Inc. | 0.25% | 9,700 | $461K | Add +5.4% |
| DIVO Amplify CWP Enhan Divid ETF | 0.24% | 11,804 | $457K | Add +4.8% |
| RTX RTX Corp. | 0.24% | 4,433 | $445K | Reduce -35.3% |
| VDE Vanguard Energy ETF | 0.24% | 3,464 | $442K | Reduce -3.9% |
| PG The Procter & Gamble Co. | 0.23% | 2,646 | $436K | Add +8.2% |
| WFC Wells Fargo & Co. | 0.23% | 7,300 | $434K | Reduce -1.4% |
| VST Vistra Corp. | 0.23% | 5,008 | $431K | Reduce -37.2% |
| DFAE Dimensional Emerging Core Eq | 0.23% | 16,534 | $428K | Add +47.5% |
| ABT Abbott Laboratories | 0.23% | 4,114 | $427K | No change |
| C Citigroup Inc. | 0.22% | 6,610 | $419K | Add +0.1% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 9,905 | $411K | Add +5.9% |
| KHC The Kraft Heinz Co. | 0.21% | 12,428 | $400K | Add +0.3% |
| OGE Oge Energy Corp. | 0.21% | 10,782 | $385K | Reduce -17.9% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.19% | 28,595 | $359K | New |
| WMB Williams Cos Inc. | 0.18% | 6,997 | $342K | New |
| XLF SS Financial Select Sector | 0.18% | 8,300 | $341K | No change |
| PATH Uipath Inc. Class A | 0.17% | 25,563 | $324K | Add +8.5% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.17% | 5,465 | $323K | Reduce -12.9% |
| LYB Lyondellbasell Indu Class A | 0.16% | 3,228 | $309K | Reduce -3.0% |
| FISV Fiserv Inc. | 0.16% | 2,071 | $309K | Reduce -1.8% |
| SYLD Cambria Shareholder Yield Et | 0.16% | 4,397 | $300K | New |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.16% | 4,249 | $295K | Reduce -16.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 1,098 | $294K | No change |
| GE General Electric filed as GE AEROSPACE | 0.15% | 1,771 | $282K | No change |
| CFG Citizens Financial Group | 0.15% | 7,648 | $276K | New |
| EMR Emerson Electric Co. | 0.15% | 2,475 | $273K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| GLD SPDR Gold Shares | Reduce -22.6% | 1.85% | −0.68 |
| OKE Oneok Inc. | Reduce -10.0% | 2.79% | −0.58 |
| IAU iShares Gold Trust | Reduce -22.8% | 1.47% | −0.54 |
| SCHD Schwab US DVD Equity ETF | Reduce -13.4% | 1.64% | −0.53 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -20.5% | 1.26% | −0.50 |
| DFAI Dimensional International Co. | Reduce -1.1% | 3.59% | −0.49 |
| AMLP Alerian MLP ETF | Reduce -1.7% | 3.62% | −0.41 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.9% | 2.72% | −0.37 |
| SGOV iShares 0-3 Month Treasury B | Reduce -4.6% | 2.21% | −0.36 |
| DFAU Dimensional US Core Equity M | Reduce -1.9% | 3.38% | −0.33 |
| PSX Phillips 66 | Reduce -16.8% | 0.61% | −0.32 |
| COP Conocophillips | Reduce -1.9% | 1.21% | −0.31 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.30 |
| SHEL Shell PLC-ADR | Reduce -23.7% | 0.76% | −0.26 |
| GOOGL Alphabet Inc. Class A | Reduce -51.2% | 0.29% | −0.25 |
| DAL Delta Air Lines Inc. | Reduce -37.6% | 0.26% | −0.20 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −0.19 |
| IBM Intl Business Machines Corp. | Reduce -13.8% | 0.46% | −0.19 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.19 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.16 |
| RTX RTX Corp. | Reduce -35.3% | 0.24% | −0.16 |
| VLUE iShares MSCI USA Value Facto | Sold out | 0.00% | −0.16 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.14 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.13 |
| XYZ Block Inc. | Sold out | 0.00% | −0.13 |
| DE Deere & Co. | Sold out | 0.00% | −0.13 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.12 |
| WMT Walmart Inc. | Reduce -22.7% | 0.44% | −0.12 |
| IVV iShares Core S&P 500 ETF | Reduce -2.3% | 1.36% | −0.12 |
| XSHD Invesco S&P Smallcap High Di | Sold out | 0.00% | −0.10 |
| VST Vistra Corp. | Reduce -37.2% | 0.23% | −0.10 |
| USRT iShares Core US REIT ETF | Reduce -2.7% | 0.59% | −0.08 |
| SMLV SS SPDR US SC Low Vol Idx | Reduce -2.9% | 0.49% | −0.08 |
| ZM Zoom Communications Inc. | Reduce -12.9% | 0.17% | −0.07 |
| KEY Keycorp | Reduce -23.5% | 0.11% | −0.07 |
| SCHY Schwab International DVD ETF | Reduce -1.0% | 0.44% | −0.07 |
| PRU Prudential Financial Inc. | Reduce -2.2% | 0.49% | −0.06 |
| BAC Bank of America Corp. | Reduce -0.6% | 1.01% | −0.06 |
| OGE Oge Energy Corp. | Reduce -17.9% | 0.21% | −0.06 |
| DHR Danaher Corp. | Reduce -5.2% | 0.37% | −0.06 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -16.2% | 0.16% | −0.05 |
| VDE Vanguard Energy ETF | Reduce -3.9% | 0.24% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -2.6% | 0.26% | −0.04 |
| AMGN Amgen Inc. | Reduce -6.1% | 0.54% | −0.04 |
| LYB Lyondellbasell Indu Class A | Reduce -3.0% | 0.16% | −0.04 |
| FISV Fiserv Inc. | Reduce -1.8% | 0.16% | −0.03 |
| XME SS SPDR S&P Metals Mining | Reduce -0.3% | 0.26% | −0.03 |
| RPM RPM International Inc. | Reduce -2.1% | 0.12% | −0.03 |
| WFC Wells Fargo & Co. | Reduce -1.4% | 0.23% | −0.02 |
| HPE Hewlett Packard Enterprise | Reduce -2.4% | 0.14% | +0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +99.0% | 5.42% | +2.37 |
| IBDR iShares Ibonds Dec 2026 Term | New | 1.68% | +1.68 |
| IBHF iShares Ibond 2026 HY & Inc. | New | 1.62% | +1.62 |
| AAPL Apple Inc. | Add +8.1% | 4.08% | +0.69 |
| RSP Invesco S&P 500 Equal Weight | Add +193.1% | 1.61% | +0.65 |
| DFIV Dimensional International Va | Add +24.7% | 6.24% | +0.59 |
| FIX Comfort Systems USA Inc. | Add +103.7% | 1.21% | +0.53 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Add +121.1% | 0.97% | +0.48 |
| IDV iShares International Select | Add +21.8% | 4.36% | +0.35 |
| XLRE SS Real Estate Select Sector | New | 0.33% | +0.33 |
| XLE SS Energy Select Sector | Add +58.8% | 0.80% | +0.22 |
| F Ford Motor Co. | New | 0.19% | +0.19 |
| T AT&T Inc. | Add +70.8% | 0.47% | +0.19 |
| WMB Williams Cos Inc. | New | 0.18% | +0.18 |
| XRT SS SPDR S&P Retail ETF | Add +122.0% | 0.34% | +0.16 |
| SYLD Cambria Shareholder Yield Et | New | 0.16% | +0.16 |
| CFG Citizens Financial Group | New | 0.15% | +0.15 |
| LNT Alliant Energy Corp. | New | 0.14% | +0.14 |
| INNOVATOR IBD 50 ETF | New | 0.14% | +0.14 |
| CPB The Campbell's Company | New | 0.14% | +0.14 |
| JXI iShares Global Utilities ETF | New | 0.13% | +0.13 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Add +15.3% | 1.24% | +0.12 |
| PFE Pfizer Inc. | New | 0.12% | +0.12 |
| VHT Vanguard Health Care ETF | New | 0.12% | +0.12 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.12% | +0.12 |
| TXN Texas Instruments Inc. | New | 0.12% | +0.12 |
| EDIV State Street SPDR S&P Emergi | New | 0.11% | +0.11 |
| ENB Enbridge Inc. | New | 0.11% | +0.11 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.11% | +0.11 |
| DFAE Dimensional Emerging Core Eq | Add +47.5% | 0.23% | +0.06 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +21.8% | 0.68% | +0.06 |
| XOM Exxon Mobil Corp. | Add +23.7% | 0.50% | +0.05 |
| IP International Paper Co. | Add +18.7% | 0.30% | +0.05 |
| MRK Merck & Co. Inc. | Add +25.7% | 0.13% | +0.01 |
| DES Wisdomtree US Smallcap Divid | Add +19.1% | 0.13% | +0.00 |
| SPHD Invesco S&P 500 High Dividen | Add +10.9% | 0.27% | +0.00 |
| KBE SS SPDR S&P Bank ETF | Add +11.9% | 0.32% | −0.00 |
| DVN Devon Energy Corp. | Add +16.6% | 0.33% | −0.00 |
| PG The Procter & Gamble Co. | Add +8.2% | 0.23% | −0.00 |
| AVDV Avantis Intl S/C Value ETF | Add +11.7% | 0.61% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +12.4% | 1.56% | −0.01 |
| CVX Chevron Corp. | Add +8.5% | 0.32% | −0.01 |
| ORI Old Republic Intl Corp. | Add +0.9% | 0.14% | −0.01 |
| APA Apa Corp. | Add +17.8% | 0.14% | −0.01 |
| DIVO Amplify CWP Enhan Divid ETF | Add +4.8% | 0.24% | −0.01 |
| PWR Quanta Services Inc. | Add +8.0% | 0.37% | −0.02 |
| VNQ Vanguard Real Estate ETF | Add +1.4% | 0.14% | −0.02 |
| C Citigroup Inc. | Add +0.1% | 0.22% | −0.02 |
| KO The Coca-Cola Co. | Add +0.1% | 0.38% | −0.02 |
| CSCO Cisco Systems Inc. | Add +5.4% | 0.25% | −0.02 |
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 |