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
HPK icon
1
HighPeak Energy
HPK
$876M
$24.4M 7.89%
2,355,000
+630,000
+37% +$6.49M
BP icon
2
BP
BP
$110B
$22.7M 7.32%
+600,187
New +$22.8M
LYG icon
3
Lloyds Banking Group
LYG
$90.9B
$22.6M 7.3%
6,825,506
-1,095,505
-14% -$3.31M
LBRDA icon
4
Liberty Broadband Class A
LBRDA
$5.13B
$18.7M 6.03%
149,960
+107,096
+250% +$12.4M
RIO icon
5
Rio Tinto
RIO
$161B
$12.2M 3.94%
+205,673
New +$11.2M
CEF icon
6
Sprott Physical Gold and Silver Trust
CEF
$7.54B
$10.1M 3.25%
685,872
+172,776
+34% +$2.47M
HOFV
7
DELISTED
Hall of Fame Resort & Entertainment Co
HOFV
$6.35M 2.05%
38,755
– –
VVNT
8
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
$5.66M 1.83%
550,000
+365,000
+197% +$3.73M
SFTW.U
9
DELISTED
Osprey Technology Acquisition Corp. Units, each consisting of one share of Class A Common Stock and
SFTW.U
$5.6M 1.81%
+550,000
New +$5.52M
SPAQ.U
10
DELISTED
Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of
SPAQ.U
$5.44M 1.76%
525,000
– –
TTCF
11
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
$5.36M 1.73%
525,000
– –
DPHCU
12
DELISTED
DiamondPeak Holdings Corp. Units
DPHCU
$5.33M 1.72%
520,000
– –
HYMC icon
13
Hycroft Mining Holding Corp
HYMC
$2.07B
$5.17M 1.67%
50,000
– –
GLIBA
14
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
$5.12M 1.65%
72,238
+16,636
+30% +$1.14M
USL icon
15
United States 12 Month Oil Fund,
USL
$42.7M
$4.77M 1.54%
207,667
+9,185
+5% +$197K
TRNE.U
16
DELISTED
Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of
TRNE.U
$4.7M 1.52%
450,000
+50,000
+13% +$520K
IGIC icon
17
International General Insurance
IGIC
$1.2B
$4.2M 1.36%
400,000
– –
ID
18
DELISTED
PARTS iD, Inc.
ID
$4.11M 1.33%
400,000
– –
FWONA icon
19
Liberty Media Series A
FWONA
$22.3B
$4.03M 1.3%
96,206
+19,549
+26% +$767K
EQOS
20
DELISTED
EQONEX LIMITED Ordinary Shares
EQOS
$4.01M 1.29%
400,000
– –
FMCIU
21
DELISTED
Forum Merger II Corporation Unit
FMCIU
$3.96M 1.28%
369,052
– –
GB
22
DELISTED
Global Blue Group Holding
GB
$3.87M 1.25%
375,000
+350,000
+1,400% +$3.58M
SAN icon
23
Banco Santander
SAN
$207B
$3.84M 1.24%
966,761
-31,304
-3% -$122K
GRNVU
24
DELISTED
GreenVision Acquisition Corp Unit
GRNVU
$3.53M 1.14%
+350,000
New +$3.53M
MFAC.U
25
DELISTED
Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an
MFAC.U
$3.46M 1.12%
328,900
– –
1
2 3 4 5

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.