A.R.T. Advisors’s Cowen Inc. Class A Common Stock COWN Stock Holding History

A.R.T. Advisors’s Portfolio COWN Stock Details COWN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-19,166	Closed	-$256K	–	1807
2018 Q4	$256K	Buy	19,166 +3,001	+19%	+$45.7K	0.02%	982
2018 Q3	$263K	Sell	16,165 -42,900	-73%	-$641K	0.01%	1102
2018 Q2	$818K	Buy	+59,065	New	+$889K	0.03%	728
2017 Q2	–	Sell	-42,966	Closed	-$642K	–	1968
2017 Q1	$642K	Buy	42,966 +30,000	+231%	+$443K	0.03%	716
2016 Q4	$200K	Buy	+12,966	New	+$186K	0.01%	1068
2015 Q4	–	Sell	-16,966	Closed	-$309K	–	1899
2015 Q3	$309K	Buy	+16,966	New	+$373K	0.01%	1036
2015 Q2	–	Sell	-6,205	Closed	-$129K	–	1880
2015 Q1	$129K	Buy	+6,205	New	+$120K	﹤0.01%	1291
2014 Q4	–	Sell	-21,000	Closed	-$314K	–	1839
2014 Q3	$314K	Hold	21,000	–	–	0.01%	920
2014 Q2	$354K	Hold	21,000	–	–	0.02%	922
2014 Q1	$370K	Buy	21,000 +5,950	+40%	+$98K	0.02%	896
2013 Q4	$235K	Buy	15,050 +96	+0.6%	+$1.47K	0.01%	1057
2013 Q3	$205K	Buy	+14,954	New	+$200K	0.01%	1131

Other funds holding COWN

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

APCM

Arbiter Partners Capital Management New York $175M AUM 99.81% 1-Year Est. Return

PFMOSF

Philadelphia Financial Management of San Francisco San Francisco, California $346M AUM 30.02% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

A.R.T. Advisors's COWN Position: Q1 2019 in Review

A.R.T. Advisors sold out of Cowen Inc. Class A Common Stock (COWN) in Q1 2019, closing a stake of 19,166 shares — an estimated $256K sold.

A.R.T. Advisors first reported a position in COWN in Q3 2013 and held it in 12 quarters. The position peaked at $818K in Q2 2018. 147 funds tracked by Wall St. Rank hold COWN as of Q1 2019.

A.R.T. Advisors reported no remaining Cowen Inc. Class A Common Stock position as of Q1 2019 after selling out during the quarter.
A.R.T. Advisors sold 19,166 Cowen Inc. Class A Common Stock shares in Q1 2019, an estimated $256K.
A.R.T. Advisors first reported a position in Cowen Inc. Class A Common Stock in Q3 2013 and held it in 12 quarters.
A.R.T. Advisors's Cowen Inc. Class A Common Stock position peaked at $818K in Q2 2018.
147 funds tracked by Wall St. Rank held Cowen Inc. Class A Common Stock as of Q1 2019.

Based on A.R.T. Advisors's 13F filing for Q1 2019, filed 15 May 2019.