Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
114 hedge funds and large institutions have $309M invested in Cowen Inc. Class A Common Stock in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 40 reducing their positions, and 15 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more capital invested
Capital invested by funds: $252M → $309M (+$56.4M)
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
2% less funds holding
Funds holding: 116 → 114 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$10.5M |
| 2 |
CI
Cowen Inc
New York
|
+$10.4M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$7.22M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$3.49M |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$6.97M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$3.25M |
| 3 |
RA
Royce & Associates
New York
|
-$2.28M |
| 4 |
JC
JBF Capital
Aspen,
Colorado
|
-$1.72M |
| 5 |
TAM
Third Avenue Management
New York
|
-$1.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
126
Virtu KCG Holdings
New York
| – | -$49K | -3,572 | Closed |
|
127
Arrowstreet Capital
Boston,
Massachusetts
| – | -$34K | -2,485 | Closed |
|
128
Ameriprise
Minneapolis,
Minnesota
| – | -$21K | -1,522 | Closed |
|
|
TRCT
129
Tower Research Capital (TRC)
New York
| – | -$14K | -1,032 | Closed |
|
COWN Hedge Fund Activity: Q4 2013 in Review
114 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q4 2013, worth a combined $309M — up 22% from $252M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of COWN and 13 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 40 added.
The largest buyer was WCM Investment Management, adding an estimated $10.5M. The largest seller was TFS Capital, exiting entirely with an estimated $6.97M sold.
- 114 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q4 2013, down from 116 in Q3 2013.
- Funds reported $309M of Cowen Inc. Class A Common Stock stock for Q4 2013, up 22% quarter-over-quarter.
- 13 funds opened new Cowen Inc. Class A Common Stock positions in Q4 2013 and 15 closed out, a net change of -2 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q4 2013 was WCM Investment Management, an estimated $10.5M added.
- The largest Cowen Inc. Class A Common Stock seller in Q4 2013 was TFS Capital, an estimated $6.97M sold.
Based on aggregated 13F filings for Q4 2013.