Systematic Financial Management’s Cowen Inc. Class A Common Stock COWN Stock Holding History

Systematic Financial Management’s Portfolio COWN Stock Details COWN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-26,010	Closed	-$251K	–	576
2020 Q1	$251K	Sell	26,010 -7,525	-22%	-$107K	0.02%	358
2019 Q4	$528K	Hold	33,535	–	–	0.02%	404
2019 Q3	$516K	Sell	33,535 -21,065	-39%	-$342K	0.02%	388
2019 Q2	$939K	Sell	54,600 -29,475	-35%	-$476K	0.04%	330
2019 Q1	$1.22M	Sell	84,075 -5,540	-6%	-$84.7K	0.04%	393
2018 Q4	$1.2M	Sell	89,615 -7,470	-8%	-$114K	0.04%	323
2018 Q3	$1.58M	Sell	97,085 -460	-0.5%	-$6.88K	0.04%	308
2018 Q2	$1.35M	Buy	+97,545	New	+$1.47M	0.03%	442
2018 Q1	–	Sell	-92,550	Closed	-$1.26M	–	700
2017 Q4	$1.26M	Sell	92,550 -7,885	-8%	-$118K	0.03%	499
2017 Q3	$1.79M	Buy	+100,435	New	+$1.64M	0.04%	287
2016 Q4	–	Sell	-432,898	Closed	-$6.29M	–	703
2016 Q3	$6.29M	Sell	432,898 -3,619	-0.8%	-$48K	0.09%	237
2016 Q2	$5.17M	Sell	436,517 -467	-0.1%	-$6.36K	0.07%	248
2016 Q1	$6.66M	Sell	436,984 -109,288	-20%	-$1.43M	0.08%	231
2015 Q4	$8.37M	Buy	546,272 +6,176	+1%	+$107K	0.09%	218
2015 Q3	$9.85M	Buy	540,096 +73,806	+16%	+$1.62M	0.1%	219
2015 Q2	$11.9M	Buy	466,290 +137,064	+42%	+$3.21M	0.1%	221
2015 Q1	$6.85M	Sell	329,226 -109,468	-25%	-$2.12M	0.05%	315
2014 Q4	$8.42M	Sell	438,694 -1,987	-0.5%	-$33.1K	0.06%	292
2014 Q3	$6.61M	Sell	440,681 -104,652	-19%	-$1.71M	0.05%	312
2014 Q2	$9.21M	Buy	545,333 +4,118	+0.8%	+$67.9K	0.06%	295
2014 Q1	$9.55M	Buy	541,215 +417,972	+339%	+$6.88M	0.07%	280
2013 Q4	$1.93M	Buy	+123,243	New	+$1.89M	0.01%	473

Other funds holding COWN

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

APCM

Arbiter Partners Capital Management New York $175M AUM 99.81% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

PFMOSF

Philadelphia Financial Management of San Francisco San Francisco, California $346M AUM 30.02% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Systematic Financial Management's COWN Position: Q2 2020 in Review

Systematic Financial Management sold out of Cowen Inc. Class A Common Stock (COWN) in Q2 2020, closing a stake of 26,010 shares — an estimated $251K sold.

Systematic Financial Management first reported a position in COWN in Q4 2013 and held it in 22 quarters. The position peaked at $11.9M in Q2 2015. 123 funds tracked by Wall St. Rank hold COWN as of Q2 2020.

Systematic Financial Management reported no remaining Cowen Inc. Class A Common Stock position as of Q2 2020 after selling out during the quarter.
Systematic Financial Management sold 26,010 Cowen Inc. Class A Common Stock shares in Q2 2020, an estimated $251K.
Systematic Financial Management first reported a position in Cowen Inc. Class A Common Stock in Q4 2013 and held it in 22 quarters.
Systematic Financial Management's Cowen Inc. Class A Common Stock position peaked at $11.9M in Q2 2015.
123 funds tracked by Wall St. Rank held Cowen Inc. Class A Common Stock as of Q2 2020.

Based on Systematic Financial Management's 13F filing for Q2 2020, filed 13 Aug 2020.