SCHEDULE 13G/A: Kayne Anderson Rudnick Reduces Stake in Clearwater Analytics to 4.55%

Kayne Anderson Rudnick Investment Management, LLC has updated its beneficial ownership in Clearwater Analytics Holdings, Inc., reporting a reduced stake of 4.55% as of March 31, 2025.

Summary

• Kayne Anderson Rudnick Investment Management, LLC filed an Amendment No. 8 to Schedule 13G regarding its beneficial ownership in Clearwater Analytics Holdings, Inc.
• As of March 31, 2025, Kayne Anderson Rudnick beneficially owns an aggregate of 10,026,065 shares of Clearwater Analytics Class A Common Stock.
• This ownership represents 4.55% of the Class A Common Stock outstanding.
• The firm holds sole voting power over 7,119,564 shares and shared voting power over 1,936,525 shares.
• Kayne Anderson Rudnick has sole dispositive power over 8,089,540 shares and shared dispositive power over 1,936,525 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to the reduction in beneficial ownership by a significant institutional investor, which could be perceived as a decrease in confidence or a reallocation of assets.

Positives

• Kayne Anderson Rudnick Investment Management, LLC, a professional investment firm, continues to hold a significant stake of 4.55% in Clearwater Analytics Holdings, Inc., indicating continued investment and confidence.

Negatives

• The beneficial ownership percentage has decreased to 4.55%, falling below the 5% threshold that typically triggers an initial Schedule 13G filing, suggesting a reduction in the investor's stake.

Future Outlook

N/A

Industry Context

This filing reflects a change in institutional ownership for Clearwater Analytics, a company operating in the financial technology sector, specifically in investment accounting and reporting solutions. Changes in significant institutional holdings can be monitored by market participants as indicators of investor sentiment towards the company or the broader industry.

Stakeholder Impact

• Shareholders may view the reduction in stake by a significant institutional investor as a potential negative signal, which could influence investor sentiment and potentially the stock price.

Key Dates

Keywords

Clearwater Analytics, Kayne Anderson Rudnick, Beneficial Ownership, SEC Filing, Schedule 13G, Investment Management, Class A Common Stock, Institutional Ownership