Voce Capital Management’s Cowen Inc. Class A Common Stock COWN Stock Holding History

Voce Capital 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
2019 Q3	–	Sell	-131,617	Closed	-$2.26M	–	16
2019 Q2	$2.26M	Sell	131,617 -7,487	-5%	-$121K	1.18%	12
2019 Q1	$2.02M	Buy	139,104 +14,146	+11%	+$216K	1.23%	7
2018 Q4	$1.67M	Buy	124,958 +53,282	+74%	+$811K	1.15%	9
2018 Q3	$1.17M	Buy	+71,676	New	+$1.07M	2.17%	9

Other funds holding COWN

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

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

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

PFMOSF

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

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

Russell Investments Group London, United Kingdom $93.1B AUM 28.26% 1-Year Est. Return

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

Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return

MPAM

Monarch Partners Asset Management Boston, Massachusetts $339M AUM 2.52% 1-Year Est. Return

Voce Capital Management's COWN Position: Q3 2019 in Review

Voce Capital Management sold out of Cowen Inc. Class A Common Stock (COWN) in Q3 2019, closing a stake of 131,617 shares — an estimated $2.26M sold.

Voce Capital Management first reported a position in COWN in Q3 2018 and held it in 4 quarters. The position peaked at $2.26M in Q2 2019. 137 funds tracked by Wall St. Rank hold COWN as of Q3 2019.

Voce Capital Management reported no remaining Cowen Inc. Class A Common Stock position as of Q3 2019 after selling out during the quarter.
Voce Capital Management sold 131,617 Cowen Inc. Class A Common Stock shares in Q3 2019, an estimated $2.26M.
Voce Capital Management first reported a position in Cowen Inc. Class A Common Stock in Q3 2018 and held it in 4 quarters.
Voce Capital Management's Cowen Inc. Class A Common Stock position peaked at $2.26M in Q2 2019.
137 funds tracked by Wall St. Rank held Cowen Inc. Class A Common Stock as of Q3 2019.

Based on Voce Capital Management's 13F filing for Q3 2019, filed 14 Nov 2019.