Chase Investment Counsel Adds Clearwater Analytics Shares

The fund rapidly ramped up its position in the investment data management software company.

Feb. 5, 2026 at 5:23pm

Got story updates? Submit your updates here. ›

Chase Investment Counsel Corp reported a new position in Clearwater Analytics (CWAN), acquiring 237,532 shares valued at $5.7 million. This represented 1.6% of the fund's reportable 13F assets under management as of December 31, 2025. The position was outside the fund's top five holdings.

Why it matters

The transaction highlights Chase Investment Counsel's interest in Clearwater Analytics, a SaaS provider of investment data management and reporting solutions for institutional clients. However, with a pending $8.4 billion take-private acquisition of Clearwater Analytics, the upside for investors may be limited.

The details

Clearwater Analytics delivers scalable SaaS solutions that streamline investment data management and reporting for institutional clients. The company operates a Software-as-a-Service (SaaS) business model for its analytics and reporting services, serving insurers, investment managers, corporations, institutional investors, and government entities.

  • On Feb. 5, Chase Investment Counsel Corp reported a new position in Clearwater Analytics.
  • In late December, private equity firms Permira and Warburg Pincus agreed to acquire Clearwater Analytics for $8.4 billion, or $24.55 a share, in a take-private transaction.

The players

Chase Investment Counsel Corp

An investment management firm that reported a new position in Clearwater Analytics.

Clearwater Analytics

A SaaS provider of investment data management and reporting solutions for institutional clients.

Permira

A private equity firm that agreed to acquire Clearwater Analytics in a take-private transaction.

Warburg Pincus

A private equity firm that agreed to acquire Clearwater Analytics in a take-private transaction.

Got photos? Submit your photos here. ›

What’s next

Depending on the timing of Chase Investment Counsel's purchases, the firm could have a nice gain from the pending take-private acquisition of Clearwater Analytics. However, investors should steer clear of Clearwater Analytics' stock given the limited upside and potential downside risk if the deal falls through.

The takeaway

This transaction highlights the growing interest in Clearwater Analytics, a provider of investment data management and reporting solutions. However, with a pending take-private acquisition, the upside for investors may be limited, and the potential downside risk should be carefully considered.