Cowen and Company Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
IPOF
Social Capital Hedosophia Holdings Corp. VI
IPOF
|
+$65.1M |
| 2 |
CCVI
Churchill Capital Corp VI
CCVI
|
+$34.4M |
| 3 |
PEGR
Project Energy Reimagined Acquisition Corp. Class A Ordinary Share
PEGR
|
+$29.1M |
| 4 |
ARK Innovation ETF
ARKK
|
+$27.3M |
| 5 |
Advanced Micro Devices
AMD
|
+$22.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$268M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$196M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$146M |
| 4 |
Lowe's Companies
LOW
|
+$105M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$90.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.17% |
| 2 | Healthcare | 26.29% |
| 3 | Technology | 9.65% |
| 4 | Industrials | 7.84% |
| 5 | Consumer Discretionary | 3.89% |
Similar funds
Cowen and Company's Q4 2021 Portfolio in Review
As of Q4 2021, Cowen and Company held 915 positions worth $1.1B, down 48% from $2.11B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Cowen and Company withdrew a net $635M in Q4 2021, closing 281 positions and reducing 101 holdings. Its most notable exit was iShares iBoxx $ High Yield Corporate Bond ETF, an estimated $268M position sold in full.
By sector, the portfolio is most concentrated in Financials at 27% of assets, up from 5.5% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Cowen and Company opened a new position in Churchill Capital Corp VI worth $34.2M.
- Cowen and Company's largest Q4 2021 buy was Churchill Capital Corp VI: 3,494,970 shares worth $34.2M.
- Cowen and Company added most to Social Capital Hedosophia Holdings Corp. VI in Q4 2021, an estimated $65.1M increase.
- Cowen and Company's biggest Q4 2021 reduction was Invesco QQQ Trust, cutting an estimated $146M.
- Cowen and Company fully exited iShares iBoxx $ High Yield Corporate Bond ETF in Q4 2021, selling an estimated $268M.
- Cowen and Company's ten largest holdings make up 36% of its $1.1B portfolio in Q4 2021.
- Cowen and Company opened 342 new positions and closed 281 in Q4 2021.
- Cowen and Company's portfolio value fell 48% quarter-over-quarter to $1.1B.
Based on Cowen and Company's 13F filing for Q4 2021, filed 14 Feb 2022.