Institutional Manager · CIK 0001844480

COWA, LLC

Tulsa, OK · File #028-20580

Latest AUM

$328.7M

Positions

153

Top-10 Concentration

54.4%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	ISHARES TR	46436E528	+188,995	+$4.2M	-$787,772
REDUCE	DIMENSIONAL ETF TRUST	25434V807	-83,040	-$4.1M	+$1.7M
ADD	DIMENSIONAL ETF TRUST	25434V104	+84,059	+$3.9M	+$93,511
ADD	ISHARES TR	46436E312	+150,425	+$3.7M	-$340,517
ADD	ISHARES TR	46435GAA0	+135,526	+$3.2M	-$569,526
EXITED	ISHARES TR	46435U168	-127,151	-$3.0M	$0
ADD	SCHWAB STRATEGIC TR	808524771	+99,958	+$2.7M	+$118,549
EXITED	SCHWAB STRATEGIC TR	808524789	-98,501	-$2.6M	$0
ADD	ISHARES TR	46436E486	+129,602	+$2.6M	-$252,426
EXITED	ISHARES TR	46434VBD1	-73,266	-$1.8M	$0

Sector Allocation

4.6%$15.2M

3.2%$10.5M

2.9%$9.7M

2.2%$7.4M

1.5%$4.9M

1.1%$3.7M

0.4%$1.4M

Consumer Discretionary

0.4%$1.3M

Communication Services

0.2%$738,410

Filing History

Feb 12, 202613F HOLDINGS REPORTQ/E Dec 2025153 pos · $328.7M
Nov 10, 202513F HOLDINGS REPORTQ/E Sep 2025141 pos · $301.3M
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 2025125 pos · $234.1M
May 13, 202513F HOLDINGS REPORTQ/E Mar 2025125 pos · $234.1M
Feb 3, 202513F HOLDINGS REPORTQ/E Dec 2024122 pos · $217.0M
Nov 1, 202413F HOLDINGS REPORTQ/E Sep 2024128 pos · $210.0M
Aug 12, 202413F HOLDINGS REPORTQ/E Jun 2024126 pos · $187.4M
May 7, 202413F HOLDINGS REPORTQ/E Mar 2024119 pos · $169.7M
Oct 30, 202313F HOLDINGS REPORTQ/E Dec 2023105 pos · $148.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	AMERICAN CENTY ETF TR	025072877	228,831	$23.1M	8.39%
2	ISHARES TR	46436E528	971,850	$21.8M	7.90%
3	ISHARES TR	46435GAA0	817,998	$19.2M	6.97%
4	DIMENSIONAL ETF TRUST	25434V807	364,474	$18.2M	6.60%
5	ISHARES TR	46436E312	570,722	$14.2M	5.14%
6	COMFORT SYS USA INC	199908104	13,709	$12.8M	4.64%
7	SCHWAB STRATEGIC TR	808524730	311,441	$11.2M	4.08%
8	ISHARES TR	464288448	273,638	$10.8M	3.92%
9	APPLE INC	AAPL	37,984	$10.3M	3.75%
10	SPDR SERIES TRUST	78468R788	189,525	$8.2M	2.98%
11	DIMENSIONAL ETF TRUST	25434V104	173,952	$8.1M	2.95%
12	SIMPLIFY EXCHANGE TRADED FUN	82889N699	275,014	$7.5M	2.72%
13	ISHARES TR	46429B663	55,994	$6.8M	2.47%
14	AMERICAN CENTY ETF TR	025072802	72,387	$6.8M	2.47%
15	SCHWAB STRATEGIC TR	808524771	230,243	$6.3M	2.27%
16	ISHARES TR	46436E486	311,649	$6.2M	2.24%
17	SPDR DOW JONES INDL AVERAGE	78467X109	12,530	$6.0M	2.19%
18	DIMENSIONAL ETF TRUST	25434V203	144,588	$5.5M	2.00%
19	ISHARES TR	46436E718	50,103	$5.0M	1.83%
20	VANGUARD WHITEHALL FDS	921946794	46,552	$4.2M	1.52%