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
-0.31%
1 Year Est. Return
+105.26%
3 Year Est. Return
+120.05%
5 Year Est. Return
+670.56%
10 Year Est. Return
–
AUM
$1.1B
AUM Growth
-$1.01B
Cap. Flow
-$635M
Cap. Flow %
-57.59%
Top 10 Hldgs %
36.04%
Holding
915
New
342
Increased
119
Reduced
101
Closed
281

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
ARKK icon
ARK Innovation ETF
ARKK
+$27.3M
5
AMD icon
Advanced Micro Devices
AMD
+$22.6M

Top Sells

Rank Stock Value
1
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$268M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$196M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$146M
4
LOW icon
Lowe's Companies
LOW
+$105M
5
IWM icon
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%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NICE icon
726
PUT
Nice
NICE
$6.01B
– –
-24,500
Closed -$25K
OMER icon
727
CALL
Omeros
OMER
$986M
– –
-29,200
Closed -$11K
OMER icon
728
Omeros
OMER
$986M
– –
-8,264
Closed -$114K
OPAL icon
729
OPAL Fuels
OPAL
$78.9M
– –
-25,000
Closed -$244K
OPEN icon
730
Opendoor
OPEN
$3.38B
– –
-46,255
Closed -$167K
OUT icon
731
CALL
Outfront Media
OUT
$5.29B
– –
-27,635
Closed -$24K
PTGX icon
732
PUT
Protagonist Therapeutics
PTGX
$9.71B
– –
-15,000
Closed -$21K
QQQ icon
733
CALL
Invesco QQQ Trust
QQQ
$479B
– –
-5,000
Closed -$42K
RF icon
734
CALL
Regions Financial
RF
$26.8B
– –
-43,800
Closed -$24K
RGTI icon
735
Rigetti Computing
RGTI
$5.89B
– –
-157,319
Closed -$1.54M
RIGL icon
736
CALL
Rigel Pharmaceuticals
RIGL
$778M
– –
-1,000
Closed -$2K
RIGL icon
737
Rigel Pharmaceuticals
RIGL
$778M
– –
-239
Closed -$9K
RIGL icon
738
PUT
Rigel Pharmaceuticals
RIGL
$778M
– –
-1,000
Closed -$5K
RKLB icon
739
Rocket Lab Corp
RKLB
$50B
– –
-10,700
Closed -$173K
RKLB icon
740
PUT
Rocket Lab Corp
RKLB
$50B
– –
-10,700
Closed -$35K
RPG icon
741
Invesco S&P 500 Pure Growth ETF
RPG
$2.03B
– –
-45,125
Closed -$1.23M
RSP icon
742
Invesco S&P 500 Equal Weight ETF
RSP
$99.1B
– –
-25,965
Closed -$1.15M
SBAC icon
743
SBA Communications
SBAC
$19.2B
– –
-2,364
Closed -$781K
SPWH icon
744
PUT
Sportsman's Warehouse
SPWH
$46.4M
– –
-100,100
Closed -$8K
SPY icon
745
State Street SPDR S&P 500 ETF Trust
SPY
$810B
– –
-425,930
Closed -$196M
TGTX icon
746
CALL
TG Therapeutics
TGTX
$7.52B
– –
-7,800
Closed -$6K
TGTX icon
747
TG Therapeutics
TGTX
$7.52B
– –
-4,992
Closed -$166K
TSM icon
748
TSMC
TSM
$2.17T
– –
-2,381
Closed -$266K
TSM icon
749
PUT
TSMC
TSM
$2.17T
– –
-4,100
Closed -$27K
UTHR icon
750
CALL
United Therapeutics
UTHR
$22.7B
– –
-10,000
Closed -$49K
28 29
30
31 32

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 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.