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COWN

Cowen Inc. Class A Common Stock

Delisted

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.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+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: 116114 (-2)

13% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 15

Holders
114
Holders Change
-2
Holders Change %
-1.72%
% of All Funds
3.31%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.15%
New
13
Increased
40
Reduced
40
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AI
1
Ariel Investments
Illinois
$34.5M +$7.22M +471,150 +27%
FCP
2
Fine Capital Partners
New York
$22.3M +$1.6M +104,650 +8%
CI
3
Cowen Inc
New York
$16.9M +$10.4M +680,550 +171%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$16.8M +$1.99M +129,896 +14%
William Blair & Company
5
William Blair & Company
Illinois
$15.3M -$3.25M -211,925 -18%
RA
6
Royce & Associates
New York
$13.7M -$2.28M -148,950 -14%
WCM Investment Management
7
WCM Investment Management
California
$13.6M +$10.5M +683,188 +369%
BIT
8
BlackRock Institutional Trust
California
$13.2M +$1.22M +79,974 +10%
APCM
9
Arbiter Partners Capital Management
New York
$12.9M
BFA
10
BlackRock Fund Advisors
California
$10.5M -$393K -25,653 -4%
Vanguard Group
11
Vanguard Group
Pennsylvania
$10M +$59K +3,850 +0.6%
MCA
12
Mendon Capital Advisors
Florida
$8.29M -$690K -45,025 -8%
GPC
13
Glacier Peak Capital
Washington
$7.93M -$190K -12,425 -2%
CP
14
Cumberland Partners
Ontario, Canada
$7.14M -$42.9K -2,800 -0.6%
PI
15
Putnam Investments
Massachusetts
$6.39M -$9.96K -650 -0.2%
State Street
16
State Street
Massachusetts
$6.13M +$496K +32,387 +9%
JP Morgan Chase
17
JP Morgan Chase
New York
$5.53M -$260K -16,971 -5%
MCM
18
McKinley Capital Management
Alaska
$5.46M +$1.82M +118,848 +52%
Northern Trust
19
Northern Trust
Illinois
$5.37M +$111K +7,259 +2%
TAM
20
Third Avenue Management
New York
$3.57M -$1.64M -107,231 -32%
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$3.56M +$3.49M +227,625 New
CSM
22
Central Square Management
Illinois
$3.53M -$1.36M -89,100 -28%
ARM
23
Adirondack Research & Management
New York
$3.29M +$129K +8,425 +4%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$2.99M -$406K -26,515 -12%
MCM
25
Maltese Capital Management
New York
$2.94M +$445K +29,025 +18%

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.