$CLW

$13.69 -$5.53 (28.77%) Close

$CLW Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 16.1M shares outstanding

Who owns CLW?

By type of holder

Institutions 88.1% Insiders 6.4% Everyone else 5.4%

Concentration Top 10 holders own 49.4%

Southeastern Asset Management Inc/tn/ 9.5% · Dimensional Fund Advisors LP 6.6%

Institutional ownership

88.1%

+7.6 pts vs last qtr

Institutional holders

132

+9 vs last qtr

Net shares bought

+1.2M

by institutions in Q2 2026

New / sold out

28 / 19

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Gate City Capital Management, LLC NEW +938.5K
Aqr Capital Management LLC +242.5K

Biggest sellers in Q2 2026

Dimensional Fund Advisors LP −223.3K
Renaissance Technologies LLC −202.2K

Who is planning to sell?

Notices of proposed sale, last 12 months

$185K

2 notices from 2 people

Shares covered

10.7K

0.07% of the company

Arranged in advance

100%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Bowden Steve M Officer 10b5-1 $161K
Moyes Kari G. Officer 10b5-1 $23.7K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

−5.5%

−0.62% a year

Each share's claim on the business

+5.8%

grew without buying or selling a share

Spent on buybacks vs paid in stock

$120M vs $75M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years51% 3–5 years5% 1–3 years27% Under 1 year18%

Quarterly turnover

17.1%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting CLW on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
SA Southeastern Asset Management Inc/tn/	1.5M	9.54%	+14.1K (+0.9%)	2025	1.3%
Shares held by quarter Peak holding1.5M (Q2'26) Change over 8 quarters+1.5M Share of the company9.540% Southeastern Asset Management Inc/tn/'s full portfolio →
DF Dimensional Fund Advisors LP	1.1M	6.58%	−223.3K (−17.4%)	≤2021	0.0%
Shares held by quarter Peak holding1.4M (Q3'24) Change over 8 quarters−302.2K Share of the company6.580% Dimensional Fund Advisors LP's full portfolio →

Southeastern Asset Management Inc/tn/

1.5M

% of company

9.54%

Change vs last qtr

+14.1K (+0.9%)

Held since

2025

Dimensional Fund Advisors LP

1.1M

% of company

6.58%

Change vs last qtr

−223.3K (−17.4%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Clearwater Paper Corp, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting CLW on Form N-PORT; together they hold 40.1% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
LP Longleaf Partners Small Cap Fund Longleaf Partners Funds Trust	$24.1M	1.5M	9.52%	3.74%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$7.66M	488.5K	3.03%	0.00%	June 30, 2026

Longleaf Partners Small Cap Fund

Longleaf Partners Funds Trust

Position value

$24.1M

% of company

9.52%

% of the fund

3.74%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$7.66M

% of company

3.03%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Clearwater Paper Corp and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
KA Kitch Arsen S. Insider	403.0K	2.50%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company2.500% Kitch Arsen S.'s insider activity →
GM Gadd Michael S Insider	301.0K	1.86%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company1.860% Gadd Michael S's insider activity →

Kitch Arsen S.

Insider

403.0K

% of company

2.50%

Change vs last qtr

—

Held since

—

Gadd Michael S

Insider

301.0K

% of company

1.86%

Change vs last qtr

—

Held since

—

9 more holders behind a free account

See every insider and 5%+ holder of Clearwater Paper Corp.

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