CDW Insider Trading

CDW Corporation (CDW) operates in the Technology sector, specifically the Information Technology Services industry, with a market capitalization near $19.41B, listed on NASDAQ, employing roughly 14,800 people, carrying a beta of 0.94 to the broader market. CDW Corporation specializes in delivering comprehensive information technology services and products across North America and the United Kingdom. Led by Christine A. Leahy, public since 2013-06-27.

In the last 12 months, CDW Corporation insiders made 2 buy transactions and 2 sale transactions.

DateNameTypeSharesPriceValue
Oct 5, 2026NELMS DAVID WA-Award258$0.00$0
Oct 5, 2026Swedish JosephA-Award212$0.00$0
Sep 28, 2026Sanderson Katherine ElizabethF-InKind231.81$153.74$35.6K
Sep 14, 2026Jones Marc EllisA-Award19.93$142.60$2.8K
Sep 14, 2026NELMS DAVID WA-Award147.59$142.60$21.0K
Sep 14, 2026Kumar MukeshA-Award192.3$142.60$27.4K
Sep 14, 2026ADDICOTT VIRGINIA C.A-Award82.13$142.60$11.7K
Sep 14, 2026Sanderson Katherine ElizabethA-Award243.04$142.60$34.7K
Sep 14, 2026KULEVICH FREDERICK J.A-Award184.67$142.60$26.3K
Sep 14, 2026CLARIZIO LYNDA MA-Award7.18$142.60$1.0K

CDW Insider Activity by Quarter

Reported Form 4 and Form 5 lines under CDW's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Dec 13, 2022, and a quarter counts only when every filing for it was read.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A2
Q3 20260N/A1$3.7M24
Q2 20262$2.5M0N/A20
Q1 20260N/A0N/A55
Q4 20250N/A1$1.1M24
Q3 20250N/A0N/A22
Q2 20250N/A6$12.8M25
Q1 20250N/A0N/A56
Q4 20240N/A0N/A20

CDW Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 755 institutions reported holding 134,800,040 CDW shares, valued at $18.92B as reported, 110.1% of its market cap (market cap of Jun 26, 2026). That is -2 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 97 opened a position, 95 closed one, 258 added and 302 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
BlackRock, Inc.15,238,070$2.14B+517,771
VANGUARD CAPITAL MANAGEMENT LLC8,341,169$1.17B-79,240
VANGUARD PORTFOLIO MANAGEMENT LLC8,197,577$1.15B+14,235
STATE STREET CORP5,779,688$812.9M+48,493
HARRIS ASSOCIATES L P5,543,451$779.6M+160,389
Boston Partners5,256,810$739.3M+1,320,812
GEODE CAPITAL MANAGEMENT, LLC3,890,627$547.5M+101,652
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC3,777,585$531.3M+1,750,105
Invesco Ltd.3,758,500$528.6M+1,096,224
MORGAN STANLEY3,572,175$502.4M+575,529

By Quarter

QuarterInstitutionsSharesValue
Q2 2026755134,800,040$18.92B
Q1 2026757126,173,480$15.26B
Q4 2025797123,954,458$16.85B
Q3 2025817125,204,213$19.94B
Q2 2025843124,490,980$22.23B
Q1 2025830121,803,839$19.52B
Q4 2024844123,149,571$21.46B
Q3 2024884122,924,750$27.78B
Q2 2024891129,675,617$29.00B

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding CDW

FundWeight of CDWShares (as reported)Value (as reported)Source updated
VTI Vanguard Morningstar Total Stock Market ETF0.03%4,058,293$615.2MOct 7, 2026
VOO Vanguard S&P 500 ETF0.03%3,393,108$514.3MOct 7, 2026
VB Vanguard Morningstar Small-Cap ETF0.24%2,939,565$445.6MOct 7, 2026
VBR Vanguard Morningstar Small-Cap Value ETF0.41%1,866,764$283.0MOct 7, 2026
IVV iShares Core S&P 500 ETF0.03%1,662,970$227.5MOct 8, 2026
BLCR iShares Large Cap Core Active ETF2.27%1,615,106$221.0MOct 8, 2026
SPY State Street SPDR S&P 500 ETF0.03%1,515,504$206.8MOct 8, 2026
VGT Vanguard Information Technology ETF0.12%1,348,207$204.4MOct 7, 2026
RSP Invesco S&P 500 Equal Weight ETF0.20%1,372,581$187.8MOct 8, 2026
XLK State Street Technology Select Sector SPDR ETF0.09%911,935$124.8MOct 8, 2026
VIG Vanguard Dividend Appreciation ETF0.08%723,171$109.6MOct 7, 2026
VYM Vanguard High Dividend Yield ETF0.08%518,357$78.6MOct 7, 2026
RSPT Invesco S&P 500 Equal Weight Technology ETF1.19%556,626$76.2MOct 8, 2026
IWR iShares Russell Mid-Cap ETF0.13%528,655$72.3MOct 8, 2026
SCHM Schwab U.S. Mid-Cap ETF0.35%375,910$51.1MOct 7, 2026

From each fund's latest holdings file on record that shows CDW's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as CDW's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for CDW reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is CDW's share of that fund.

CDW Congress Trades

Members of Congress and their households disclosed 15 transactions in CDW on file (5 purchases, 10 sales) by 5 members, the latest trade on Aug 19, 2026. The newest 10 are below.

MemberChamberTypeAmountTradedDisclosed
Gilbert Ray Cisneros, Jr. (D-CA-31)HousePurchase$1,001 - $15,000Aug 19, 2026Sep 11, 2026
April McClain Delaney (D-MD-6)HouseSale (Full)$1,001 - $15,000May 19, 2026Jun 8, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000May 18, 2026Jun 8, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000May 15, 2026Jun 8, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000May 14, 2026Jun 8, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000Feb 24, 2026Mar 11, 2026
Ro Khanna (D-CA-17)HouseSale$1,001 - $15,000Jan 29, 2026Feb 10, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000Dec 5, 2025Jan 6, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000Dec 2, 2025Jan 6, 2026
April McClain Delaney (D-MD-6)HousePurchase$1,001 - $15,000Jul 9, 2025Aug 6, 2025

From the periodic transaction reports members of the Senate and the House file under the STOCK Act, within 45 days of a trade (some file later); amounts are the ranges the reports give (a few give an exact amount), and a transaction a later report lists again is counted once. On file: House reports disclosed from Apr 10, 2023 through Oct 13, 2026; Senate reports disclosed from Jan 30, 2014 through Oct 7, 2026. The party is the member's on the trade date. A trade is listed under the company that traded under its ticker on the trade date (dated from Feb 1, 2021, unless the filing describes another company of ours; before that, only when the filing's description of the security is the company's name).

How to Read CDW Insider Activity

Net insider activity is balanced over the trailing twelve months: 2 buys against 2 sales. Balanced activity typically reflects routine compensation-related vesting and tax-driven liquidity rather than directional information signals. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked CDW insider trading questions

How active are CDW insiders right now?
Over the trailing twelve months, CDW Corporation (CDW) insiders made 2 buy transactions and 2 sale transactions. Net insider activity over the trailing twelve months is balanced (2 buys, 2 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are CDW insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do CDW insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.