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
-16.31%
1 Year Est. Return
+105.26%
3 Year Est. Return
+120.05%
5 Year Est. Return
+670.56%
10 Year Est. Return
–
AUM
$435M
AUM Growth
-$716M
Cap. Flow
-$763M
Cap. Flow %
-175.1%
Top 10 Hldgs %
44.16%
Holding
647
New
200
Increased
86
Reduced
96
Closed
246

Top Buys

Rank Stock Value
1
XOM icon
ExxonMobil
XOM
+$28M
2
MTCH icon
Match Group
MTCH
+$22.1M
3
DFNS.U
LGL Systems Acquisition Corp. Units
DFNS.U
+$13.2M
4
AVDL
Avadel Pharmaceuticals
AVDL
+$11.7M
5
ABUS icon
Arbutus Biopharma
ABUS
+$9.21M

Top Sells

Rank Stock Value
1
QQQ icon
Invesco QQQ Trust
QQQ
+$238M
2
AAPL icon
Apple
AAPL
+$158M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$77M
4
FRC
First Republic Bank
FRC
+$42.3M
5
XLY icon
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
+$37.6M

Sector Composition

Rank Sector Weight
1 Healthcare 16.59%
2 Financials 12.01%
3 Communication Services 5.9%
4 Energy 5.73%
5 Consumer Discretionary 4.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
S
51
DELISTED
Sprint Corporation
S
$1.9M 0.44%
+220,885
New +$1.55M
PCG icon
52
PG&E
PCG
$37.7B
$1.89M 0.43%
210,695
+195,695
+1,305% +$2.6M
MFG icon
53
Mizuho Financial
MFG
$127B
$1.84M 0.42%
795,350
+211,700
+36% +$578K
CHNGU
54
DELISTED
Change Healthcare Inc. Tangible Equity Units
CHNGU
$1.8M 0.41%
40,741
-24,079
-37% -$1.27M
PAEWW
55
DELISTED
PAE Incorporated Warrants
PAEWW
$1.79M 0.41%
+1,202,686
New +$2.53M
SPY icon
56
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
$1.74M 0.4%
220,000
-280,100
-56% -$85.4M
NIO icon
57
PUT
NIO
NIO
$11.6B
$1.73M 0.4%
+500,000
New +$1.86M
CGC
58
PUT
Canopy Growth
CGC
$422M
$1.66M 0.38%
15,000
+5,000
+50% +$939K
GRUB
59
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
$1.64M 0.38%
+20,169
New +$1.98M
DMTK
60
DELISTED
DermTech, Inc. Common Stock
DMTK
$1.62M 0.37%
144,063
– –
LSEA
61
DELISTED
Landsea Homes
LSEA
$1.59M 0.36%
+153,518
New +$1.59M
ABBV icon
62
AbbVie
ABBV
$438B
$1.52M 0.35%
+19,960
New +$1.7M
TLRY icon
63
PUT
Tilray
TLRY
$628M
$1.48M 0.34%
103,770
+95,860
+1,212% +$13.4M
QURE icon
64
uniQure
QURE
$3.11B
$1.45M 0.33%
+30,599
New +$1.76M
CCAC.U
65
DELISTED
CITIC Capital Acquisition Corp. Units, each consisting of one Class A ordinary share, $0.0001 par va
CCAC.U
$1.42M 0.33%
+144,420
New +$1.44M
NIO icon
66
NIO
NIO
$11.6B
$1.39M 0.32%
+500,000
New +$1.86M
SCVX.U
67
DELISTED
SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on
SCVX.U
$1.39M 0.32%
+139,419
New +$1.42M
BEP icon
68
Brookfield Renewable
BEP
$10.2B
$1.39M 0.32%
+43,017
New +$1.09M
IMVTW
69
DELISTED
Immunovant, Inc. Warrants expiring 12/18/2024
IMVTW
$1.38M 0.32%
574,286
+329,088
+134% +$632K
VTIQW
70
DELISTED
VectoIQ Acquisition Corp. Warrant
VTIQW
$1.32M 0.3%
678,554
+266,703
+65% +$396K
AGN
71
DELISTED
Allergan plc
AGN
$1.29M 0.3%
+7,274
New +$1.37M
MNCLU
72
DELISTED
Monocle Acquisition Corporation Units
MNCLU
$1.29M 0.3%
126,166
– –
MAPS
73
DELISTED
WM TECHNOLOGY INC A
MAPS
$1.28M 0.29%
129,774
-763,988
-85% -$7.58M
APYX icon
74
Apyx Medical
APYX
$138M
$1.27M 0.29%
354,879
+118,893
+50% +$798K
MTCH icon
75
PUT
Match Group
MTCH
$8.49B
$1.23M 0.28%
50,000
+25,000
+100% +$1.84M
1 2
3
4 5

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 Q1 2020 Portfolio in Review

As of Q1 2020, Cowen and Company held 647 positions worth $435M, down 62% from $1.15B the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Cowen and Company withdrew a net $763M in Q1 2020, closing 246 positions and reducing 96 holdings. Its most notable exit was Apple, an estimated $158M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 4.9% a quarter earlier, followed by Financials and Communication Services.

Against the trend, Cowen and Company opened a new position in Match Group worth $19.8M.

  • Cowen and Company's largest Q1 2020 buy was Match Group: 300,000 shares worth $19.8M.
  • Cowen and Company added most to ExxonMobil in Q1 2020, an estimated $28M increase.
  • Cowen and Company's biggest Q1 2020 reduction was Invesco QQQ Trust, cutting an estimated $238M.
  • Cowen and Company fully exited Apple in Q1 2020, selling an estimated $158M.
  • Cowen and Company's ten largest holdings make up 44% of its $435M portfolio in Q1 2020.
  • Cowen and Company opened 200 new positions and closed 246 in Q1 2020.
  • Cowen and Company's portfolio value fell 62% quarter-over-quarter to $435M.

Based on Cowen and Company's 13F filing for Q1 2020, filed 11 May 2020.