Cowen and Company Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$169M |
| 2 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$48.6M |
| 3 |
CVII
Churchill Capital Corp VII Class A Common Stock
CVII
|
+$29.1M |
| 4 |
AdvisorShares Pure US Cannabis ETF
MSOS
|
+$22.5M |
| 5 |
SiriusXM
SIRI
|
+$20.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MMP
Magellan Midstream Partners, L.P.
MMP
|
+$45.2M |
| 2 |
Sumitomo Mitsui Financial
SMFG
|
+$24.1M |
| 3 |
EOCW
Elliott Opportunity II Corp.
EOCW
|
+$15.2M |
| 4 |
DNAD
Social Capital Suvretta Holdings Corp. IV Class A Ordinary Shares
DNAD
|
+$11.4M |
| 5 |
BWC
Blue Whale Acquisition Corp I Class A Ordinary Shares
BWC
|
+$8.23M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 29.55% |
| 2 | Technology | 21.97% |
| 3 | Healthcare | 21.97% |
| 4 | Communication Services | 4.12% |
| 5 | Industrials | 4.07% |
Similar funds
Cowen and Company's Q3 2023 Portfolio in Review
As of Q3 2023, Cowen and Company held 794 positions worth $1.43B, up 18% from $1.21B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Cowen and Company deployed $517M of net new capital in Q3 2023, opening 212 new positions and adding to 219 existing holdings. Its largest new stake was State Street Energy Select Sector SPDR ETF: 1,111,604 shares worth $50.2M.
By sector, the portfolio is most concentrated in Financials at 30% of assets, up from 29% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Kensington Capital Acquisition Corp. V, an estimated $7.13M trimmed.
- Cowen and Company's largest Q3 2023 buy was State Street Energy Select Sector SPDR ETF: 1,111,604 shares worth $50.2M.
- Cowen and Company added most to NVIDIA in Q3 2023, an estimated $169M increase.
- Cowen and Company's biggest Q3 2023 reduction was Kensington Capital Acquisition Corp. V, cutting an estimated $7.13M.
- Cowen and Company fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $45.2M.
- Cowen and Company's ten largest holdings make up 42% of its $1.43B portfolio in Q3 2023.
- Cowen and Company opened 212 new positions and closed 151 in Q3 2023.
- Cowen and Company's portfolio value rose 18% quarter-over-quarter to $1.43B.
Based on Cowen and Company's 13F filing for Q3 2023, filed 9 Nov 2023.