COWA, LLC

Filed: 11/10/2025ACC: 0001172661-25-004667

📋 What this filing means

COWA, LLC filed this quarterly 13F‑HR report disclosing 141 equity positions with a total reported market value of $301.29M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

141

Positions

$301.29M

Total AUM (reported)

6.47M

Total Shares

Allocation by class

COM$61.68M20.5%

US SML CP VALU$21.98M7.3%

INTERNATNAL VAL$20.64M6.9%

IBONDS 2026 TERM$18.31M6.1%

IBONDS DEC2026$16.58M5.5%

FUNDAMENTAL EMER$11.11M3.7%

IBONDS DEC 2032$10.77M3.6%

Portfolio Concentration

Top 3$60.93M20.2%

4–10$77.76M25.8%

11–25$68.32M22.7%

Rest$94.29M31.3%

Top 3 weight

20.2%

Top 10 weight

46.0%

Voting Authority Distribution

Total shares with voting rights: 6.47M

Sole

Full voting authority

1.10M

% of voting shares17.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.37M

% of voting shares83.0%

Investment Discretion (by position count)

Sole141

Shared0

Other0

Dominant voting typeNone · 83.0% of voting shares

Institutional Holdings141

Rows:

AMERICAN CENTY ETF TR

SOLE

US SML CP VALU

Shares220.80K

TypeSH

Market value$21.98M

7.29%

Sole

58.26K

Shared

0.00

None

162.54K

DIMENSIONAL ETF TRUST

SOLE

INTERNATNAL VAL

Shares447.51K

TypeSH

Market value$20.64M

6.85%

Sole

123.65K

Shared

0.00

None

323.86K

ISHARES TR

SOLE

IBONDS 2026 TERM

Shares782.86K

TypeSH

Market value$18.31M

6.08%

Sole

119.05K

Shared

0.00

None

663.80K

ISHARES TR

SOLE

IBONDS DEC2026

Shares682.47K

TypePRN

Market value$16.58M

5.50%

Sole

128.89K

Shared

0.00

None

553.58K

COMFORT SYS USA INC

SOLE

COM

Shares13.95K

TypeSH

Market value$11.51M

3.82%

Sole

0.00

Shared

0.00

None

13.95K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL EMER

Shares307.23K

TypeSH

Market value$11.11M

3.69%

Sole

72.23K

Shared

0.00

None

235K

ISHARES TR

SOLE

IBONDS DEC 2032

Shares420.30K

TypeSH

Market value$10.77M

3.57%

Sole

91.20K

Shared

0.00

None

329.10K

ISHARES TR

SOLE

INTL SEL DIV ETF

Shares270.91K

TypeSH

Market value$9.90M

3.29%

Sole

11.80K

Shared

0.00

None

259.11K

APPLE INC

SOLE

COM

Shares36.88K

TypeSH

Market value$9.39M

3.12%

Sole

1.48K

Shared

0.00

None

35.40K

SPDR SERIES TRUST

SOLE

PRTFLO S&P500 HI

Shares192.96K

TypeSH

Market value$8.49M

2.82%

Sole

27.18K

Shared

0.00

None

165.78K

ISHARES TR

SOLE

CORE HIGH DV ETF

Shares55.70K

TypeSH

Market value$6.82M

2.26%

Sole

25.00

Shared

0.00

None

55.68K

SIMPLIFY EXCHANGE TRADED FUN

SOLE

MANAGED FUTURES

Shares231.66K

TypeSH

Market value$6.48M

2.15%

Sole

67.08K

Shared

0.00

None

164.58K

AMERICAN CENTY ETF TR

SOLE

INTL SMCP VLU

Shares71.75K

TypeSH

Market value$6.39M

2.12%

Sole

24.59K

Shared

0.00

None

47.16K

SPDR DOW JONES INDL AVERAGE

SOLE

UT SER 1

Shares13.13K

TypeSH

Market value$6.09M

2.02%

Sole

266.00

Shared

0.00

None

12.86K

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQT MK

Shares145.68K

TypeSH

Market value$5.30M

1.76%

Sole

54.87K

Shared

0.00

None

90.81K

DIMENSIONAL US CORE EQUITY MARKT ETF

SOLE

US CORE EQT MKT

Shares89.89K

TypeSH

Market value$4.11M

1.37%

Sole

44.12K

Shared

0.00

None

45.77K

ISHARES TR

SOLE

0-3 MNTH TREASRY

Shares39.20K

TypeSH

Market value$3.95M

1.31%

Sole

5.21K

Shared

0.00

None

33.98K

VANGUARD WHITEHALL FDS

SOLE

INTL HIGH ETF

Shares45.73K

TypeSH

Market value$3.87M

1.29%

Sole

1.29K

Shared

0.00

None

44.44K

ISHARES TR

SOLE

IBONDS DEC 2031

Shares182.05K

TypeSH

Market value$3.86M

1.28%

Sole

48.77K

Shared

0.00

None

133.28K

ALPS ETF TR

SOLE

ALERIAN MLP

Shares78.92K

TypeSH

Market value$3.70M

1.23%

Sole

4.66K

Shared

0.00

None

74.26K

ONEOK INC NEW

SOLE

COM

Shares49.87K

TypeSH

Market value$3.64M

1.21%

Sole

1.02K

Shared

0.00

None

48.85K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares41.07K

TypeSH

Market value$3.59M

1.19%

Sole

3.36K

Shared

0.00

None

37.71K

ISHARES GOLD TR

SOLE

ISHARES NEW

Shares48.87K

TypeSH

Market value$3.56M

1.18%

Sole

4.53K

Shared

0.00

None

44.34K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares128.03K

TypeSH

Market value$3.50M

1.16%

Sole

11.01K

Shared

0.00

None

117.02K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares18.27K

TypeSH

Market value$3.47M

1.15%

Sole

4.54K

Shared

0.00

None

13.73K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
AMERICAN CENTY ETF TRSOLE	US SML CP VALU	220.80K	SH	$21.98M 7.29%	58.26K	162.54K
DIMENSIONAL ETF TRUSTSOLE	INTERNATNAL VAL	447.51K	SH	$20.64M 6.85%	123.65K	323.86K
ISHARES TRSOLE	IBONDS 2026 TERM	782.86K	SH	$18.31M 6.08%	119.05K	663.80K
ISHARES TRSOLE	IBONDS DEC2026	682.47K	PRN	$16.58M 5.50%	128.89K	553.58K
COMFORT SYS USA INCSOLE	COM	13.95K	SH	$11.51M 3.82%	0.00	13.95K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL EMER	307.23K	SH	$11.11M 3.69%	72.23K	235K
ISHARES TRSOLE	IBONDS DEC 2032	420.30K	SH	$10.77M 3.57%	91.20K	329.10K
ISHARES TRSOLE	INTL SEL DIV ETF	270.91K	SH	$9.90M 3.29%	11.80K	259.11K
APPLE INCSOLE	COM	36.88K	SH	$9.39M 3.12%	1.48K	35.40K
SPDR SERIES TRUSTSOLE	PRTFLO S&P500 HI	192.96K	SH	$8.49M 2.82%	27.18K	165.78K
ISHARES TRSOLE	CORE HIGH DV ETF	55.70K	SH	$6.82M 2.26%	25.00	55.68K
SIMPLIFY EXCHANGE TRADED FUNSOLE	MANAGED FUTURES	231.66K	SH	$6.48M 2.15%	67.08K	164.58K
AMERICAN CENTY ETF TRSOLE	INTL SMCP VLU	71.75K	SH	$6.39M 2.12%	24.59K	47.16K
SPDR DOW JONES INDL AVERAGESOLE	UT SER 1	13.13K	SH	$6.09M 2.02%	266.00	12.86K
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQT MK	145.68K	SH	$5.30M 1.76%	54.87K	90.81K
DIMENSIONAL US CORE EQUITY MARKT ETFSOLE	US CORE EQT MKT	89.89K	SH	$4.11M 1.37%	44.12K	45.77K
ISHARES TRSOLE	0-3 MNTH TREASRY	39.20K	SH	$3.95M 1.31%	5.21K	33.98K
VANGUARD WHITEHALL FDSSOLE	INTL HIGH ETF	45.73K	SH	$3.87M 1.29%	1.29K	44.44K
ISHARES TRSOLE	IBONDS DEC 2031	182.05K	SH	$3.86M 1.28%	48.77K	133.28K
ALPS ETF TRSOLE	ALERIAN MLP	78.92K	SH	$3.70M 1.23%	4.66K	74.26K
ONEOK INC NEWSOLE	COM	49.87K	SH	$3.64M 1.21%	1.02K	48.85K
ISHARES TRSOLE	CORE MSCI EAFE	41.07K	SH	$3.59M 1.19%	3.36K	37.71K
ISHARES GOLD TRSOLE	ISHARES NEW	48.87K	SH	$3.56M 1.18%	4.53K	44.34K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	128.03K	SH	$3.50M 1.16%	11.01K	117.02K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	18.27K	SH	$3.47M 1.15%	4.54K	13.73K

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