Cowen Investment Management’s PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant PACI.U Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-100,000	Closed	-$1.03M	–	91
2023 Q1	$1.03M	Hold	100,000	–	–	0.27%	73
2022 Q4	$1.02M	Hold	100,000	–	–	0.21%	108
2022 Q3	$1.01M	Hold	100,000	–	–	0.22%	113
2022 Q2	$991K	Hold	100,000	–	–	0.21%	124
2022 Q1	$1M	Hold	100,000	–	–	0.21%	105
2021 Q4	$1M	Buy	+100,000	New	+$1M	0.22%	100

Other funds holding PACI.U

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

WAM

Wolverine Asset Management Chicago, Illinois $11.4B AUM 5.66% 1-Year Est. Return

SFM

Spartan Fund Management Toronto, Ontario, Canada $30M AUM 11.97% 1-Year Est. Return

Cowen Investment Management's PACI.U Position: Q2 2023 in Review

Cowen Investment Management sold out of PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (PACI.U) in Q2 2023, closing a stake of 100,000 shares — an estimated $1.03M sold.

Cowen Investment Management first reported a position in PACI.U in Q4 2021 and held it in 6 quarters. The position peaked at $1.03M in Q1 2023. 3 funds tracked by Wall St. Rank hold PACI.U as of Q2 2023.

Cowen Investment Management reported no remaining PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant position as of Q2 2023 after selling out during the quarter.
Cowen Investment Management sold 100,000 PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant shares in Q2 2023, an estimated $1.03M.
Cowen Investment Management first reported a position in PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in Q4 2021 and held it in 6 quarters.
Cowen Investment Management's PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant position peaked at $1.03M in Q1 2023.
3 funds tracked by Wall St. Rank held PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant as of Q2 2023.

Based on Cowen Investment Management's 13F filing for Q2 2023, filed 15 Aug 2023.