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
+7.55%
1 Year Est. Return
+60.14%
3 Year Est. Return
+251.81%
5 Year Est. Return
+491.3%
10 Year Est. Return
–
AUM
$595M
AUM Growth
-$82.7M
Cap. Flow
-$109M
Cap. Flow %
-18.3%
Top 10 Hldgs %
41.11%
Holding
335
New
118
Increased
36
Reduced
41
Closed
120

Top Buys

Rank Stock Value
1
OMC icon
Omnicom Group
OMC
+$16.1M
2
COWN
Cowen Inc. Class A Common Stock
COWN
+$10.4M
3
APD icon
Air Products & Chemicals
APD
+$4.87M
4
ASH icon
Ashland
ASH
+$3.97M
5
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
+$3.52M

Top Sells

Rank Stock Value
1
MDY icon
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
+$97.4M
2
IWD icon
iShares Russell 1000 Value ETF
IWD
+$42.3M
3
ONXX
ONYX PHARMACEUTICALS INC
ONXX
+$21.1M
4
NYX
NYSE EURONEXT INC
NYX
+$17.4M
5
DELL
DELL INC
DELL
+$13.3M

Sector Composition

Rank Sector Weight
1 Technology 7.14%
2 Industrials 4.24%
3 Energy 3.98%
4 Communication Services 3.83%
5 Consumer Discretionary 3.66%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
INVA icon
101
Innoviva
INVA
$1.57B
$1.43M 0.24%
+49,646
New +$1.45M
AAL icon
102
CALL
American Airlines Group
AAL
$10.2B
$1.4M 0.24%
+55,500
New +$1.43M
HMA
103
PUT
DELISTED
HEALTH MGMT ASSOC INC CL-A
HMA
$1.39M 0.23%
106,200
-74,000
-41% -$958K
SUNE
104
PUT
DELISTED
SUNEDISON, INC COM
SUNE
$1.35M 0.23%
+103,900
New +$1.17M
IMGN
105
PUT
DELISTED
Immunogen Inc
IMGN
$1.32M 0.22%
90,000
-3,700
-4% -$56.9K
SCHW
106
Charles Schwab
SCHW
$181B
$1.3M 0.22%
50,150
-4,800
-9% -$114K
SEE
107
CALL
DELISTED
Sealed Air
SEE
$1.28M 0.21%
37,500
– –
SUNE
108
DELISTED
SUNEDISON, INC COM
SUNE
$1.25M 0.21%
+96,000
New +$1.08M
ETP
109
DELISTED
Energy Transfer Partners, L.P.
ETP
$1.23M 0.21%
32,518
-20,000
-38% -$690K
BPL
110
DELISTED
Buckeye Partners, L.P.
BPL
$1.23M 0.21%
17,250
-6,500
-27% -$437K
EVAC
111
DELISTED
EDWARDS GROUP LTD ADR (CYM)
EVAC
$1.17M 0.2%
+115,344
New +$1.17M
KRFT
112
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
$1.14M 0.19%
+21,200
New +$1.13M
KRFT
113
PUT
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
$1.14M 0.19%
+21,200
New +$1.13M
IMGN
114
DELISTED
Immunogen Inc
IMGN
$1.13M 0.19%
76,658
+33,158
+76% +$510K
PAA icon
115
Plains All American Pipeline
PAA
$17.5B
$1.09M 0.18%
21,070
-2,000
-9% -$102K
JNK icon
116
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
$1.08M 0.18%
8,917
-500
-5% -$60.6K
OLN icon
117
CALL
Olin
OLN
$2.53B
$1.01M 0.17%
+35,000
New +$869K
SGEN
118
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
$1.01M 0.17%
25,300
-2,500
-9% -$102K
OUTR
119
DELISTED
OUTERWALL INC
OUTR
$1M 0.17%
+14,922
New +$973K
VPHM
120
DELISTED
VIROPHARMA INC
VPHM
$997K 0.17%
+20,000
New +$894K
EPD icon
121
Enterprise Products Partners
EPD
$82.5B
$986K 0.17%
29,750
-15,000
-34% -$467K
RIG icon
122
Transocean
RIG
$5.62B
$972K 0.16%
19,659
-23,091
-54% -$1.13M
LPS
123
DELISTED
LENDER PROCESSING SERVICES INC
LPS
$964K 0.16%
25,787
-163,318
-86% -$5.66M
RTN
124
DELISTED
Raytheon Company
RTN
$943K 0.16%
+10,400
New +$868K
RTN
125
PUT
DELISTED
Raytheon Company
RTN
$943K 0.16%
+10,400
New +$868K
3 4
5
6 7

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 Q4 2013 Portfolio in Review

As of Q4 2013, Cowen Inc held 335 positions worth $595M, down 12% from $678M the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Cowen Inc withdrew a net $109M in Q4 2013, closing 120 positions and reducing 41 holdings. Its most notable exit was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $97.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 7.1% of assets, up from 2.2% a quarter earlier, followed by Industrials and Energy.

Against the trend, Cowen Inc opened a new position in Omnicom Group worth $17.4M.

  • Cowen Inc's largest Q4 2013 buy was Omnicom Group: 234,006 shares worth $17.4M.
  • Cowen Inc added most to Cowen Inc. Class A Common Stock in Q4 2013, an estimated $10.4M increase.
  • Cowen Inc's biggest Q4 2013 reduction was LENDER PROCESSING SERVICES INC, cutting an estimated $5.66M.
  • Cowen Inc fully exited State Street SPDR S&P MIDCAP 400 ETF Trust in Q4 2013, selling an estimated $97.4M.
  • Cowen Inc's ten largest holdings make up 41% of its $595M portfolio in Q4 2013.
  • Cowen Inc opened 118 new positions and closed 120 in Q4 2013.
  • Cowen Inc's portfolio value fell 12% quarter-over-quarter to $595M.

Based on Cowen Inc's 13F filing for Q4 2013, filed 13 Feb 2014.