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
FICO icon
151
CALL
Fair Isaac
FICO
$22.7B
$319K 0.07%
+53,500
New +$19.7M
CHPM
152
DELISTED
CHP Merger Corp. Class A Common Stock
CHPM
$319K 0.07%
+32,899
New +$323K
DISH
153
DELISTED
DISH Network Corp.
DISH
$318K 0.07%
+15,889
New +$515K
TRIT
154
DELISTED
Triterras, Inc. Class A Ordinary Shares
TRIT
$314K 0.07%
31,891
+14,891
+88% +$148K
LIVKU
155
DELISTED
LIV Capital Acquisition Corp. Unit
LIVKU
$310K 0.07%
31,661
-42,047
-57% -$425K
SFTW.WS
156
DELISTED
Osprey Technology Acquisition Corp. Redeemable Warrants, each whole Warrant exercisable for one shar
SFTW.WS
$309K 0.07%
367,459
+321,445
+699% +$306K
WCC
157
PUT
WESCO International
WCC
$17.9B
$308K 0.07%
+12,700
New +$541K
OAC.WS
158
DELISTED
Oaktree Acquisition Corp. Warrants, each whole warrant exercisable for one Class A Ordinary Share at
OAC.WS
$308K 0.07%
295,859
+203,476
+220% +$273K
NEM icon
159
PUT
Newmont
NEM
$124B
$306K 0.07%
+63,100
New +$2.85M
SBE.WS
160
DELISTED
Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc
SBE.WS
$304K 0.07%
488,104
+163,089
+50% +$89.5K
GXGXU
161
DELISTED
GX Acquisiton Corp. Unit
GXGXU
$296K 0.07%
29,259
-52,741
-64% -$547K
S
162
CALL
DELISTED
Sprint Corporation
S
$295K 0.07%
182,300
-37,700
-17% -$265K
DISH
163
PUT
DELISTED
DISH Network Corp.
DISH
$295K 0.07%
+20,000
New +$649K
CVS icon
164
PUT
CVS Health
CVS
$122B
$293K 0.07%
+122,700
New +$8.19M
BPMC
165
DELISTED
Blueprint Medicines
BPMC
$292K 0.07%
+4,999
New +$322K
IONS icon
166
PUT
Ionis Pharmaceuticals
IONS
$9.46B
$292K 0.07%
+27,700
New +$1.54M
NOW icon
167
CALL
ServiceNow
NOW
$132B
$292K 0.07%
+127,000
New +$7.94M
QQQ icon
168
PUT
Invesco QQQ Trust
QQQ
$479B
$285K 0.07%
10,300
-319,300
-97% -$67.6M
NOW icon
169
PUT
ServiceNow
NOW
$132B
$268K 0.06%
+75,500
New +$4.72M
CHNG
170
PUT
DELISTED
Change Healthcare Inc. Common Stock
CHNG
$268K 0.06%
102,500
+2,500
+3% +$35K
SWCH
171
DELISTED
Switch, Inc. Class A Common Stock
SWCH
$255K 0.06%
+17,649
New +$268K
SPCE icon
172
CALL
Virgin Galactic
SPCE
$489M
$254K 0.06%
2,900
-12,945
-82% -$4.92M
LAUR icon
173
PUT
Laureate Education
LAUR
$5.13B
$253K 0.06%
+50,000
New +$865K
MAPSW
174
DELISTED
WM TECHNOLOGY INC WTS
MAPSW
$247K 0.06%
633,431
-135,069
-18% -$58.3K
X
175
DELISTED
US Steel
X
$245K 0.06%
+38,763
New +$325K
5 6
7
8 9

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.