We are live on ! Find out more
CAC

Cowen and Company Portfolio holdings

AUM $2.97B
1-Year Est. Return 105.26%
This Fund
S&P 500
This Quarter Est. Return
+18.1%
1 Year Est. Return
+105.26%
3 Year Est. Return
+120.05%
5 Year Est. Return
+670.56%
10 Year Est. Return
–
AUM
$1.52B
AUM Growth
+$95.3M
Cap. Flow
-$53M
Cap. Flow %
-3.48%
Top 10 Hldgs %
46.4%
Holding
811
New
169
Increased
201
Reduced
172
Closed
223

Top Buys

Rank Stock Value
1
PTCT icon
PTC Therapeutics
PTCT
+$66.9M
2
SAGE
Sage Therapeutics
SAGE
+$26.6M
3
IMO icon
Imperial Oil
IMO
+$24.9M
4
COIN icon
Coinbase
COIN
+$22.5M
5
ANSCU
Agriculture & Natural Solutions Acquisition Corp Unit
ANSCU
+$21.6M

Top Sells

Rank Stock Value
1
MSOS icon
AdvisorShares Pure US Cannabis ETF
MSOS
+$48.7M
2
AAC
Ares Acquisition Corporation
AAC
+$36.4M
3
PTGX icon
Protagonist Therapeutics
PTGX
+$27.6M
4
HCVIU
Hennessy Capital Investment Corp. VI Unit
HCVIU
+$17.4M
5
NETD
Nabors Energy Transition Corp II
NETD
+$16.9M

Sector Composition

Rank Sector Weight
1 Healthcare 30.8%
2 Financials 24.54%
3 Technology 21.73%
4 Communication Services 4.41%
5 Energy 3.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RCFA
701
DELISTED
Perception Capital Corp. IV
RCFA
– –
-79,616
Closed -$871K
CCTS
702
DELISTED
Cactus Acquisition Corp. 1 Limited Class A Ordinary Share
CCTS
– –
-39,133
Closed -$432K
CDAQ
703
DELISTED
Compass Digital Acquisition Corp. Class A Ordinary Shares
CDAQ
– –
-12,595
Closed -$133K
NNAGU
704
DELISTED
99 Acquisition Group Inc Unit
NNAGU
– –
-326,462
Closed -$3.38M
NBST
705
DELISTED
Newbury Street Acquisition Corporation Common Stock
NBST
– –
-135,000
Closed -$1.42M
LSXMA
706
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
– –
-25,000
Closed -$636K
OCAX
707
DELISTED
OCA Acquisition Corp. Class A Common Stock
OCAX
– –
-100,000
Closed -$1.06M
BWAQR
708
DELISTED
Blue World Acquisition Corporation Right
BWAQR
– –
-24,496
Closed -$4.23K
TARO
709
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
– –
-69,160
Closed -$2.61M
TWLV
710
DELISTED
Twelve Seas Investment Company II Class A Common Stock
TWLV
– –
-40,385
Closed -$421K
PLTNR
711
DELISTED
Plutonian Acquisition Corp. Rights
PLTNR
– –
-48,759
Closed -$7.99K
LGVC
712
DELISTED
LAMF Global Ventures Corp. I Class A Ordinary Shares
LGVC
– –
-98,796
Closed -$1.06M
PGSS
713
DELISTED
Pegasus Digital Mobility Acquisition Corp.
PGSS
– –
-133,481
Closed -$1.46M
TWOA
714
DELISTED
two
TWOA
– –
-251,384
Closed -$2.63M
ALTUW
715
DELISTED
Altitude Acquisition Corp Warrant
ALTUW
– –
-24,900
Closed -$1.49K
SLACW
716
DELISTED
Social Leverage Acquisition Corp I Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
SLACW
– –
-24,778
Closed -$1.12K
SHAP
717
DELISTED
Spree Acquisition Corp. 1 Limited
SHAP
– –
-192,900
Closed -$2.11M
QFTA
718
DELISTED
Quantum FinTech Acquisition Corporation
QFTA
– –
-201,409
Closed -$2.15M
OHAA
719
DELISTED
OPY Acquisition Corp. I Class A Common Stock
OHAA
– –
-120,990
Closed -$1.26M
ENERR
720
DELISTED
Accretion Acquisition Corp Right
ENERR
– –
-166,659
Closed -$10.7K
JAQCW
721
DELISTED
Jupiter Acquisition Corporation Warrants
JAQCW
– –
-311,249
Closed -$10.6K
ENERW
722
DELISTED
Accretion Acquisition Corp Warrant
ENERW
– –
-522,966
Closed -$11.8K
CLINR
723
DELISTED
Clean Earth Acquisitions Corp. Right
CLINR
– –
-1,147,213
Closed -$150K
DISAW
724
DELISTED
Disruptive Acquisition Corporation I Warrant
DISAW
– –
-49,600
Closed -$2.34K
CLINW
725
DELISTED
Clean Earth Acquisitions Corp. Warrant
CLINW
– –
-908,553
Closed -$45.4K
27 28
29
30 31

Similar funds

CIP
Chartwell Investment Partners Berywn, Pennsylvania $2.91B AUM 40.48% 1-Year Est. Return
PWLP
Prio Wealth Limited Partnership Boston, Massachusetts $3.41B AUM 44.09% 1-Year Est. Return
FPCG
Fort Pitt Capital Group Pittsburgh, Pennsylvania $3.55B AUM 34.86% 1-Year Est. Return
SI
Scout Investments Kansas City, Missouri $3.8B AUM 45.91% 1-Year Est. Return
BC
Boxer Capital San Diego, California $2.04B AUM 108.39% 1-Year Est. Return
FTDI
First Trust Direct Indexing Boston, Massachusetts $1.87B AUM 43.63% 1-Year Est. Return
CIM
Contrarius Investment Management St. Helier, Jersey $1.76B AUM 35.87% 1-Year Est. Return
PRO
Pensioenfonds Rail & OV Utrecht, Netherlands $1.44B AUM 23.73% 1-Year Est. Return

Cowen and Company's Q4 2023 Portfolio in Review

As of Q4 2023, Cowen and Company held 811 positions worth $1.52B, up 6.7% from $1.43B the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Cowen and Company withdrew a net $53M in Q4 2023, closing 223 positions and reducing 172 holdings. Its most notable exit was AdvisorShares Pure US Cannabis ETF, an estimated $48.7M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 31% of assets, up from 22% a quarter earlier, followed by Financials and Technology.

Against the trend, Cowen and Company opened a new position in Sage Therapeutics worth $29M.

  • Cowen and Company's largest Q4 2023 buy was Sage Therapeutics: 1,339,971 shares worth $29M.
  • Cowen and Company added most to PTC Therapeutics in Q4 2023, an estimated $66.9M increase.
  • Cowen and Company's biggest Q4 2023 reduction was Nabors Energy Transition Corp II, cutting an estimated $16.9M.
  • Cowen and Company fully exited AdvisorShares Pure US Cannabis ETF in Q4 2023, selling an estimated $48.7M.
  • Cowen and Company's ten largest holdings make up 46% of its $1.52B portfolio in Q4 2023.
  • Cowen and Company opened 169 new positions and closed 223 in Q4 2023.
  • Cowen and Company's portfolio value rose 6.7% quarter-over-quarter to $1.52B.

Based on Cowen and Company's 13F filing for Q4 2023, filed 8 Feb 2024.