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
+0.06%
1 Year Est. Return
-1.47%
3 Year Est. Return
+1.87%
5 Year Est. Return
-37.7%
10 Year Est. Return
–
AUM
$383M
AUM Growth
-$109M
Cap. Flow
-$144M
Cap. Flow %
-37.62%
Top 10 Hldgs %
42.27%
Holding
251
New
55
Increased
9
Reduced
7
Closed
136

Top Buys

Rank Stock Value
1
CVII
Churchill Capital Corp VII Class A Common Stock
CVII
+$26M
2
CCVI
Churchill Capital Corp VI
CCVI
+$13.4M
3
TCVA
TCV Acquisition Corp. Class A Ordinary Shares
TCVA
+$12.6M
4
MTVC
Motive Capital Corp II
MTVC
+$10.6M
5
NSTD
Northern Star Investment Corp. IV
NSTD
+$9.65M

Top Sells

Rank Stock Value
1
MUFG icon
Mitsubishi UFJ Financial
MUFG
+$15M
2
BNAI
Brand Engagement Network
BNAI
+$12M
3
BZAI
Blaize Holdings
BZAI
+$11.4M
4
HTZWW
Hertz Global Holdings Warrants
HTZWW
+$11.3M
5
LITT
Logistics Innovation Technologies Corp. Class A Common Stock
LITT
+$10.6M

Sector Composition

Rank Sector Weight
1 Financials 66.95%
2 Industrials 8.51%
3 Consumer Discretionary 4.79%
4 Technology 3.75%
5 Healthcare 2.83%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AVPTW
101
DELISTED
AvePoint Inc Warrant
AVPTW
$14.1K ﹤0.01%
25,000
– –
ARBGW
102
DELISTED
Aequi Acquisition Corp warrants
ARBGW
$11.7K ﹤0.01%
116,666
– –
GRABW icon
103
Grab Holdings Warrant
GRABW
$546K
$11.5K ﹤0.01%
19,900
– –
APGB.WS
104
DELISTED
Apollo Strategic Growth Capital II Warrants, each exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share
APGB.WS
$9.76K ﹤0.01%
100,000
– –
BMTX.WS
105
DELISTED
BM Technologies, Inc. Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $11.50
BMTX.WS
$6.5K ﹤0.01%
25,000
– –
BHACW
106
DELISTED
Focus Impact BH3 Acquisition Company Warrants
BHACW
$6.5K ﹤0.01%
50,000
– –
AMBP.WS
107
DELISTED
Ardagh Metal Packaging Warrants
AMBP.WS
$6.5K ﹤0.01%
25,000
– –
MLECW icon
108
Moolec Science SA Warrant
MLECW
$177K
$5.61K ﹤0.01%
+50,000
New +$7.24K
PEPLW
109
DELISTED
PepperLime Health Acquisition Corporation Warrrant
PEPLW
$4.75K ﹤0.01%
+50,000
New +$4.2K
ADEX.WS
110
DELISTED
Adit EdTech Acquisition Corp Warrants
ADEX.WS
$4K ﹤0.01%
50,000
– –
UWMC.WS
111
DELISTED
UWM Holdings Warrants
UWMC.WS
$2.44K ﹤0.01%
12,044
– –
PIIIW icon
112
P3 Health Partners Inc Warrant
PIIIW
$199K
$2K ﹤0.01%
25,000
– –
AEON.WS
113
DELISTED
AEON Biopharma Inc
AEON.WS
$1.38K ﹤0.01%
25,000
– –
EUCRW
114
DELISTED
Eucrates Biomedical Acquisition Corp. Warrant
EUCRW
$1.35K ﹤0.01%
33,333
– –
FATH.WS
115
DELISTED
Fathom Digital Manufacturing Corporation Warrants, each whole warrant exercisable for one Class A Common Stock at an exercise price of $11.50 per share
FATH.WS
$998 ﹤0.01%
25,000
– –
AEON icon
116
AEON Biopharma
AEON
$13.4M
– –
-7,986
Closed -$5.78M
AISP
117
Airship AI Holdings
AISP
$71.3M
– –
-125,000
Closed -$1.26M
BETR icon
118
Better Home & Finance Holding
BETR
$280M
– –
-1,000
Closed -$505K
COCH icon
119
Envoy Medical
COCH
$57.5M
– –
-350,000
Closed -$3.51M
HTZWW
120
Hertz Global Holdings Warrants
HTZWW
$112M
– –
-1,521,877
Closed -$11.3M
IMO icon
121
Imperial Oil
IMO
$63.1B
– –
-23,776
Closed -$1.16M
LDTC
122
DELISTED
LeddarTech
LDTC
– –
-430,000
Closed -$2.14M
MFG icon
123
Mizuho Financial
MFG
$132B
– –
-1,000,000
Closed -$2.84M
MUFG icon
124
Mitsubishi UFJ Financial
MUFG
$257B
– –
-2,246,500
Closed -$15M
NRGV icon
125
Energy Vault
NRGV
$710M
– –
-66,911
Closed -$209K
3 4
5
6 7

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 Q1 2023 Portfolio in Review

As of Q1 2023, Cowen Investment Management held 251 positions worth $383M, down 22% from $492M the previous quarter. Its ten largest holdings account for 42% of the portfolio.

Cowen Investment Management withdrew a net $144M in Q1 2023, closing 136 positions and reducing 7 holdings. Its most notable exit was Mitsubishi UFJ Financial, an estimated $15M position sold in full.

By sector, the portfolio is most concentrated in Financials at 67% of assets, up from 50% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Cowen Investment Management opened a new position in Churchill Capital Corp VII Class A Common Stock worth $26.2M.

  • Cowen Investment Management's largest Q1 2023 buy was Churchill Capital Corp VII Class A Common Stock: 2,585,000 shares worth $26.2M.
  • Cowen Investment Management added most to Black Mountain Acquisition Corp. in Q1 2023, an estimated $5.15M increase.
  • Cowen Investment Management's biggest Q1 2023 reduction was Sumitomo Mitsui Financial, cutting an estimated $8.46M.
  • Cowen Investment Management fully exited Mitsubishi UFJ Financial in Q1 2023, selling an estimated $15M.
  • Cowen Investment Management's ten largest holdings make up 42% of its $383M portfolio in Q1 2023.
  • Cowen Investment Management opened 55 new positions and closed 136 in Q1 2023.
  • Cowen Investment Management's portfolio value fell 22% quarter-over-quarter to $383M.

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