Cowen Investment Management’s Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant AAC.U Stock Holding History

Cowen Investment Management’s Portfolio AAC.U Stock Details AAC.U Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-50,000	Closed	-$509K	–	167
2022 Q4	$509K	Hold	50,000	–	–	0.1%	154
2022 Q3	$498K	Hold	50,000	–	–	0.11%	207
2022 Q2	$493K	Hold	50,000	–	–	0.1%	211
2022 Q1	$495K	Sell	50,000 -50,000	-50%	-$493K	0.11%	226
2021 Q4	$993K	Hold	100,000	–	–	0.21%	117
2021 Q3	$990	Hold	100,000	–	–	﹤0.01%	105
2021 Q2	$1M	Hold	100,000	–	–	0.26%	70
2021 Q1	$1M	Buy	+100,000	New	+$1.02M	0.39%	53

Other funds holding AAC.U

JIC

Joel Isaacson & Co New York $3.45B AUM 27.72% 1-Year Est. Return

Clear Street New York $24.6B AUM 56.25% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $4.08B AUM 58.77% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Cowen Investment Management's AAC.U Position: Q1 2023 in Review

Cowen Investment Management sold out of Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (AAC.U) in Q1 2023, closing a stake of 50,000 shares — an estimated $509K sold.

Cowen Investment Management first reported a position in AAC.U in Q1 2021 and held it in 8 quarters. The position peaked at $1M in Q2 2021. 5 funds tracked by Wall St. Rank hold AAC.U as of Q1 2023.

Cowen Investment Management reported no remaining Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant position as of Q1 2023 after selling out during the quarter.
Cowen Investment Management sold 50,000 Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant shares in Q1 2023, an estimated $509K.
Cowen Investment Management first reported a position in Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant in Q1 2021 and held it in 8 quarters.
Cowen Investment Management's Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant position peaked at $1M in Q2 2021.
5 funds tracked by Wall St. Rank held Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant as of Q1 2023.

Based on Cowen Investment Management's 13F filing for Q1 2023, filed 11 May 2023.