We are live on ! Find out more
CIM

Cowen Investment Management Portfolio holdings

AUM $12M
1-Year Est. Return 1.47%
This Fund
S&P 500
This Quarter Est. Return
+5%
1 Year Est. Return
-1.47%
3 Year Est. Return
+1.87%
5 Year Est. Return
-37.7%
10 Year Est. Return
–
AUM
$310M
AUM Growth
-$31.8M
Cap. Flow
-$36.7M
Cap. Flow %
-11.85%
Top 10 Hldgs %
43.18%
Holding
127
New
32
Increased
16
Reduced
5
Closed
32

Top Buys

Rank Stock Value
1
BP icon
BP
BP
+$22.8M
2
LBRDA icon
Liberty Broadband Class A
LBRDA
+$12.4M
3
RIO icon
Rio Tinto
RIO
+$11.2M
4
HPK icon
HighPeak Energy
HPK
+$6.49M
5
SFTW.U
Osprey Technology Acquisition Corp. Units, each consisting of one share of Class A Common Stock and
SFTW.U
+$5.52M

Top Sells

Rank Stock Value
1
TD icon
Toronto Dominion Bank
TD
+$58.3M
2
VOD icon
Vodafone
VOD
+$19.9M
3
BRMK
Broadmark Realty Capital Inc. Common Stock
BRMK
+$15.6M
4
LSXMA
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
+$7.44M
5
SEGG
Sports Entertainment Gaming Global Corp
SEGG
+$7.29M

Sector Composition

Rank Sector Weight
1 Energy 15.21%
2 Financials 14.24%
3 Communication Services 13.64%
4 Materials 5.61%
5 Industrials 4.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SEGG
101
Sports Entertainment Gaming Global Corp
SEGG
$8.02M
– –
-500
Closed -$7.29M
QQQ icon
102
CALL
Invesco QQQ Trust
QQQ
$478B
– –
-100,000
Closed -$2K
SLV icon
103
PUT
iShares Silver Trust
SLV
$31.5B
– –
-150,000
Closed -$58K
TD icon
104
Toronto Dominion Bank
TD
$201B
– –
-1,000,000
Closed -$58.3M
TD icon
105
PUT
Toronto Dominion Bank
TD
$201B
– –
-1,000,000
Closed -$2.23M
UA icon
106
Under Armour Class C
UA
$2.23B
– –
-19,314
Closed -$350K
VOD icon
107
Vodafone
VOD
$36.7B
– –
-997,870
Closed -$19.9M
LSXMA
108
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
– –
-247,621
Closed -$7.44M
BRMK
109
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
– –
-1,495,240
Closed -$15.6M
BSMX
110
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
– –
-674,420
Closed -$4.25M
ENIA
111
PUT
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
– –
-44,600
Closed -$154K
RDS.A
112
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
– –
-100,000
Closed -$5.88M
TDACU
113
DELISTED
Trident Acquisitions Corp. Units
TDACU
– –
-654,300
Closed -$6.92M
SINA
114
DELISTED
Sina Corp
SINA
– –
-10,000
Closed -$392K
NEBUU
115
DELISTED
Nebula Acquisition Corporation Unit
NEBUU
– –
-100,000
Closed -$1.06M
GSAH.U
116
DELISTED
GS Acquisition Holdings Corp. Units, each consisting of one share of Class A common stock and one-th
GSAH.U
– –
-150,000
Closed -$1.6M
PVT.U
117
DELISTED
Pivotal Acquisition Corp.
PVT.U
– –
-70,000
Closed -$806K
RWGE
118
DELISTED
Regalwood Global Energy Ltd. Class A Ordinary Shares
RWGE
– –
-450,000
Closed -$4.64M
RWGE.U
119
DELISTED
Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o
RWGE.U
– –
-49,000
Closed -$514K
TMCXW
120
DELISTED
Trinity Merger Corp. Warrant
TMCXW
– –
-525,240
Closed -$667K
DFBHU
121
DELISTED
DFB Healthcare Acquisitions Corp. Unit
DFBHU
– –
-64,500
Closed -$679K
STNL
122
DELISTED
Sentinel Energy Services Inc. Class A Common Stock
STNL
– –
-50,000
Closed -$514K
CHAC.U
123
DELISTED
Chardan Healthcare Acquisition Corp.
CHAC.U
– –
-63,500
Closed -$695K
IPOA.WS
124
DELISTED
Social Capital Hedosophia Holdings Corp. Warrants, each whole warrant exercisable for one Class A Or
IPOA.WS
– –
-73,233
Closed -$183K
ALDR
125
CALL
DELISTED
Alder Biopharmaceuticals
ALDR
– –
-15,100
Closed -$1K
2 3 4
5
6

Similar funds

SFG
Susquehanna Financial Group Bala Cynwyd, Pennsylvania $10.9M AUM
AMG
Ace Management Global Sao Paulo, Brazil $7.88M AUM 47.04% 1-Year Est. Return
B
Braslyn New Providence, Bahamas $7.81M AUM 338.68% 1-Year Est. Return
XS
XR Securities Chicago, Illinois $5.35M AUM 26.1% 1-Year Est. Return
AH
Aviva Holdings New Providence, Bahamas $20.5M AUM 117.01% 1-Year Est. Return
MFAM
M Financial Asset Management Portland, Oregon $20.6M AUM 4.99% 1-Year Est. Return
ZIMP
Zimmermann Investment Management & Planning New Cumberland, Pennsylvania $2.27M AUM 29.81% 1-Year Est. Return
RCI
Ridgeback Capital Investments Miami Beach, Florida $560K AUM

Cowen Investment Management's Q4 2019 Portfolio in Review

As of Q4 2019, Cowen Investment Management held 127 positions worth $310M, down 9.3% from $341M the previous quarter. Its ten largest holdings account for 43% of the portfolio.

Cowen Investment Management withdrew a net $36.7M in Q4 2019, closing 32 positions and reducing 5 holdings. Its most notable exit was Toronto Dominion Bank, an estimated $58.3M position sold in full.

By sector, the portfolio is most concentrated in Energy at 15% of assets, up from 7.8% a quarter earlier, followed by Financials and Communication Services.

Against the trend, Cowen Investment Management opened a new position in BP worth $22.7M.

  • Cowen Investment Management's largest Q4 2019 buy was BP: 600,187 shares worth $22.7M.
  • Cowen Investment Management added most to Liberty Broadband Class A in Q4 2019, an estimated $12.4M increase.
  • Cowen Investment Management's biggest Q4 2019 reduction was Lloyds Banking Group, cutting an estimated $3.31M.
  • Cowen Investment Management fully exited Toronto Dominion Bank in Q4 2019, selling an estimated $58.3M.
  • Cowen Investment Management's ten largest holdings make up 43% of its $310M portfolio in Q4 2019.
  • Cowen Investment Management opened 32 new positions and closed 32 in Q4 2019.
  • Cowen Investment Management's portfolio value fell 9.3% quarter-over-quarter to $310M.

Based on Cowen Investment Management's 13F filing for Q4 2019, filed 14 Feb 2020.