Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
104 hedge funds and large institutions have $417M invested in Cowen Inc. Class A Common Stock in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 7 closing their positions.
492% more call options, than puts
Call options by funds: $5.77M | Put options by funds: $976K
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more capital invested
Capital invested by funds: $366M → $417M (+$51.2M)
8% more funds holding
Funds holding: 96 → 104 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
Fosun International
Hong Kong,
China
|
+$11.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.05M |
| 3 |
SM
Salzhauer Michael
|
+$4.99M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$4.97M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCP
Fine Capital Partners
New York
|
-$13.1M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$7.38M |
| 3 |
RA
Royce & Associates
New York
|
-$4.5M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$2.77M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$2.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
TRCT
102
Tower Research Capital (TRC)
New York
| $1K | -$10.8K | -726 | -91% |
|
|
LTFS
103
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$1.33K | +89 | New |
|
|
ARTA
104
A.R.T. Advisors
New York
| – | -$642K | -42,966 | Closed |
|
|
BCM
105
Bridgeway Capital Management
Houston,
Texas
| – | -$602K | -40,300 | Closed |
|
106
Group One Trading
Chicago,
Illinois
| – | -$488K | -32,669 | Closed |
|
|
LCS
107
Levin Capital Strategies
New York
| – | -$181K | -12,100 | Closed |
|
|
AWCI
108
Alpine Woods Capital Investors
Purchase,
New York
| – | -$157K | -10,500 | Closed |
|
|
FPF
109
FNY Partners Fund
New York
| – | -$14K | -1,000 | Closed |
|
|
CG
110
Cutler Group
San Francisco,
California
| – | -$478 | -32 | Closed |
|
COWN Hedge Fund Activity: Q2 2017 in Review
104 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q2 2017, worth a combined $417M — up 14% from $366M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new COWN positions and 7 closed out — a net gain of 8 holders — while 39 added to existing stakes and 26 trimmed.
The largest buyer was Fosun International, adding an estimated $11.1M. The largest seller was Fine Capital Partners, cutting an estimated $13.1M.
- 104 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q2 2017, up from 96 in Q1 2017.
- Funds reported $417M of Cowen Inc. Class A Common Stock stock for Q2 2017, up 14% quarter-over-quarter.
- 15 funds opened new Cowen Inc. Class A Common Stock positions in Q2 2017 and 7 closed out, a net change of +8 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q2 2017 was Fosun International, an estimated $11.1M added.
- The largest Cowen Inc. Class A Common Stock seller in Q2 2017 was Fine Capital Partners, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2017.