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
SMFG icon
1
Sumitomo Mitsui Financial
SMFG
$164B
$45.2M 11.78%
5,643,875
-1,000,000
-15% -$8.46M
CVII
2
DELISTED
Churchill Capital Corp VII Class A Common Stock
CVII
$26.2M 6.84%
+2,585,000
New +$26M
PTRA
3
DELISTED
Proterra Inc. Common Stock
PTRA
$16.1M 4.2%
10,574,685
– –
CCVI
4
DELISTED
Churchill Capital Corp VI
CCVI
$13.4M 3.51%
+1,330,000
New +$13.4M
TCVA
5
DELISTED
TCV Acquisition Corp. Class A Ordinary Shares
TCVA
$12.7M 3.32%
+1,242,000
New +$12.6M
MTVC
6
DELISTED
Motive Capital Corp II
MTVC
$10.7M 2.79%
+1,024,583
New +$10.6M
LYG icon
7
Lloyds Banking Group
LYG
$91.3B
$10.3M 2.68%
4,421,183
– –
NSTD
8
DELISTED
Northern Star Investment Corp. IV
NSTD
$9.69M 2.53%
+955,000
New +$9.65M
BMAC
9
DELISTED
Black Mountain Acquisition Corp.
BMAC
$9.35M 2.44%
900,000
+500,000
+125% +$5.15M
DEVS
10
DELISTED
DevvStream Corp
DEVS
$8.37M 2.19%
+80,500
New +$8.29M
THCP
11
DELISTED
Thunder Bridge Capital Partners IV, Inc. Class A Common Stock
THCP
$8.25M 2.15%
+815,000
New +$8.19M
YTPG
12
DELISTED
TPG Pace Beneficial II Corp.
YTPG
$7.98M 2.08%
+800,000
New +$7.94M
NKGN
13
DELISTED
NKGen Biotech, Inc. Common Stock
NKGN
$7.6M 1.98%
750,000
+200,000
+36% +$2.02M
ALCE
14
DELISTED
Alternus Clean Energy Inc
ALCE
$7.54M 1.97%
+29,400
New +$7.48M
BACA
15
DELISTED
Berenson Acquisition Corp. I
BACA
$7.39M 1.93%
+725,000
New +$7.33M
STI icon
16
Solidion Technology
STI
$61.3M
$6.54M 1.71%
+12,400
New +$6.42M
RTO icon
17
Rentokil
RTO
$12.2B
$6.14M 1.6%
168,233
– –
GCTS
18
GCT Semiconductor Holding
GCTS
$235M
$5.91M 1.54%
570,000
+470,000
+470% +$4.85M
TGR
19
DELISTED
Kimbell Tiger Acquisition Corporation
TGR
$5.84M 1.53%
+555,000
New +$5.79M
GOGN
20
DELISTED
GoGreen Investments Corporation
GOGN
$5.7M 1.49%
+540,000
New +$5.65M
LCAA
21
DELISTED
L Catterton Asia Acquisition Corp Class A Ordinary Shares
LCAA
$5.62M 1.47%
550,000
+300,000
+120% +$3.06M
CITE
22
DELISTED
Cartica Acquisition Corp Class A Ordinary Shares
CITE
$5.37M 1.4%
+510,000
New +$5.33M
KVSA
23
DELISTED
Khosla Ventures Acquisition Co. Class A Common Stock
KVSA
$5.32M 1.39%
525,000
+375,000
+250% +$3.79M
RENEU
24
DELISTED
Cartesian Growth Corporation II Unit
RENEU
$5.28M 1.38%
500,000
– –
VLAT
25
DELISTED
Valor Latitude Acquisition Corp. Class A Ordinary Shares
VLAT
$5.12M 1.34%
+500,000
New +$5.08M
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 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.