Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
116 hedge funds and large institutions have $295M invested in Cowen Inc. Class A Common Stock in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 52 reducing their positions, and 14 closing their positions.
1,100% more call options, than puts
Call options by funds: $12K | Put options by funds: $1K
6% less funds holding
Funds holding: 123 → 116 (-7)
24% less capital invested
Capital invested by funds: $389M → $295M (-$94.5M)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
44% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 52
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APCM
Arbiter Partners Capital Management
New York
|
+$6.57M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$2.7M |
| 3 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$2.63M |
| 4 |
SM
Salzhauer Michael
|
+$1.81M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$5.38M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.33M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.01M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.39M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
126
Two Sigma Securities
New York
| – | -$67K | -4,422 | Closed |
|
|
BCM
127
Bayesian Capital Management
Brooklyn,
New York
| – | -$41K | -2,675 | Closed |
|
128
Group One Trading
Chicago,
Illinois
| – | -$36K | -2,388 | Closed |
|
|
MFW
129
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$1K | -111 | Closed |
|
COWN Hedge Fund Activity: Q2 2016 in Review
116 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q2 2016, worth a combined $295M — down 24% from $389M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of COWN and 8 opened new positions — a net loss of 6 holders — while 52 trimmed existing stakes and 29 added.
The largest buyer was Arbiter Partners Capital Management, adding an estimated $6.57M. The largest seller was SG Americas Securities, cutting an estimated $5.38M.
- 116 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q2 2016, down from 123 in Q1 2016.
- Funds reported $295M of Cowen Inc. Class A Common Stock stock for Q2 2016, down 24% quarter-over-quarter.
- 8 funds opened new Cowen Inc. Class A Common Stock positions in Q2 2016 and 14 closed out, a net change of -6 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q2 2016 was Arbiter Partners Capital Management, an estimated $6.57M added.
- The largest Cowen Inc. Class A Common Stock seller in Q2 2016 was SG Americas Securities, an estimated $5.38M sold.
Based on aggregated 13F filings for Q2 2016.