We are live on ! Find out more
CI

Cowen Inc Portfolio holdings

AUM $1.39B
1-Year Est. Return 60.14%
This Fund
S&P 500
This Quarter Est. Return
+12.8%
1 Year Est. Return
+60.14%
3 Year Est. Return
+251.81%
5 Year Est. Return
+491.3%
10 Year Est. Return
–
AUM
$1.21B
AUM Growth
-$59.1M
Cap. Flow
-$88.2M
Cap. Flow %
-7.29%
Top 10 Hldgs %
41.6%
Holding
518
New
273
Increased
72
Reduced
37
Closed
118

Top Buys

Rank Stock Value
1
IWM icon
iShares Russell 2000 ETF
IWM
+$80.2M
2
HSP
HOSPIRA INC
HSP
+$41M
3
DTV
DIRECTV COM STK (DE)
DTV
+$39.3M
4
PCYC
PHARMACYCLICS INC
PCYC
+$33.4M
5
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
+$20.9M

Top Sells

Rank Stock Value
1
CFN
CAREFUSION CORPORATION
CFN
+$74.1M
2
AGN
Allergan Inc
AGN
+$72.5M
3
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
+$54.8M
4
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
+$39M
5
CVD
COVANCE INC.
CVD
+$24.4M

Sector Composition

Rank Sector Weight
1 Technology 13.93%
2 Consumer Discretionary 11.81%
3 Healthcare 8.38%
4 Energy 6.68%
5 Industrials 5.79%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AUXL
501
DELISTED
AUXILIUM PHARAMCEUTICALS INC
AUXL
– –
-192,741
Closed -$6.63M
CBST
502
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
– –
-217,858
Closed -$21.9M
CBST
503
PUT
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
– –
-127,500
Closed -$12.8M
TQNT
504
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
– –
-10,000
Closed –
TQNT
505
PUT
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
– –
-229,300
Closed -$6.32M
COV
506
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
– –
-535,632
Closed -$54.8M
CAM
507
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
– –
-114,331
Closed -$5.71M
WLL
508
CALL
DELISTED
Whiting Petroleum Corporation
WLL
– –
-706
Closed -$6.99M
RTK
509
DELISTED
Rentech, Inc.
RTK
– –
-1,500
Closed -$19K
QLIK
510
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
– –
-18,400
Closed -$1K
QLIK
511
PUT
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
– –
-22,000
Closed -$1K
RSOL
512
DELISTED
REAL GOODS SOLAR, INC. CL A COM
RSOL
– –
-19,200
Closed -$9K
TIVO
513
CALL
DELISTED
TIVO INC
TIVO
– –
-99,100
Closed -$1K
TIVO
514
DELISTED
TIVO INC
TIVO
– –
-27,000
Closed –
AGN
515
CALL
DELISTED
Allergan Inc
AGN
– –
-3,700
Closed -$1K
AGN
516
DELISTED
Allergan Inc
AGN
– –
-343,559
Closed -$72.5M
AGN
517
PUT
DELISTED
Allergan Inc
AGN
– –
-109,100
Closed -$22.4M
17 18 19 20
21

Similar funds

CAM
Cortina Asset Management Milwaukee, Wisconsin $1.62B AUM 15.44% 1-Year Est. Return
LC
Lourd Capital Beverly Hills, California $1.08B AUM 8.79% 1-Year Est. Return
LIC
Lodestar Investment Counsel Chicago, Illinois $974M AUM 13.79% 1-Year Est. Return
CB
Chemical Bank Detroit, Michigan $881M AUM 4.54% 1-Year Est. Return
HA
Highland Associates Birmingham, Alabama $699M AUM 8.2% 1-Year Est. Return
KPAG
KLS Professional Advisors Group New York $2.15B AUM 6.46% 1-Year Est. Return
CW
Cobiz Wealth Denver, Colorado $506M AUM 11.06% 1-Year Est. Return
SIM
Stelliam Investment Management New York $404M AUM 5.1% 1-Year Est. Return

Cowen Inc's Q1 2015 Portfolio in Review

As of Q1 2015, Cowen Inc held 518 positions worth $1.21B, down 4.7% from $1.27B the previous quarter. Its ten largest holdings account for 42% of the portfolio.

Cowen Inc withdrew a net $88.2M in Q1 2015, closing 118 positions and reducing 37 holdings. Its most notable exit was CAREFUSION CORPORATION, an estimated $74.1M position sold in full.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 7.8% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Cowen Inc opened a new position in iShares Russell 2000 ETF worth $82.7M.

  • Cowen Inc's largest Q1 2015 buy was iShares Russell 2000 ETF: 665,000 shares worth $82.7M.
  • Cowen Inc added most to DIRECTV COM STK (DE) in Q1 2015, an estimated $39.3M increase.
  • Cowen Inc's biggest Q1 2015 reduction was TIME WARNER CABLE INC NEW COM STK, cutting an estimated $39M.
  • Cowen Inc fully exited CAREFUSION CORPORATION in Q1 2015, selling an estimated $74.1M.
  • Cowen Inc's ten largest holdings make up 42% of its $1.21B portfolio in Q1 2015.
  • Cowen Inc opened 273 new positions and closed 118 in Q1 2015.
  • Cowen Inc's portfolio value fell 4.7% quarter-over-quarter to $1.21B.

Based on Cowen Inc's 13F filing for Q1 2015, filed 18 May 2015.