This Software Stock Is Down 20% in a Year and Just Became One Fund's $6 Million Bet

The timing suggests the fund is stepping in as expectations reset, not chasing what already worked.On November 13, Massachusetts-based TFJ Management disclosed a new position in Clearwater Analytics (CWAN +1.32%), acquiring 357,043 shares valued at 6.43million.WhatHappenedTFJManagementdisclosedanewpositioninClearwaterAnalytics(CWAN+1.326.43 million.What HappenedTFJ Management disclosed a new position in Clearwater Analytics (CWAN +1.32%), acquiring 357,043 shares worth 6.43 million, according to a quarterly report filed with the U.S. Securities and Exchange Commission on November 13. The posi ...