Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
123 hedge funds and large institutions have $389M invested in Cowen Inc. Class A Common Stock in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 37 reducing their positions, and 29 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $407M → $389M (-$17.8M)
13% less funds holding
Funds holding: 141 → 123 (-18)
31% less call options, than puts
Call options by funds: $93K | Put options by funds: $134K
59% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$12.8M |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
+$5.16M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.95M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.34M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$12.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$6.61M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$4.42M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.89M |
| 5 |
FG
FSI Group
Cincinnati,
Ohio
|
-$3.75M |
COWN Hedge Fund Activity: Q1 2016 in Review
123 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q1 2016, worth a combined $389M — down 4.4% from $407M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of COWN and 12 opened new positions — a net loss of 17 holders — while 37 trimmed existing stakes and 49 added.
The largest buyer was Ariel Investments, adding an estimated $12.8M. The largest seller was WCM Investment Management, exiting entirely with an estimated $12.1M sold.
- 123 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q1 2016, down from 141 in Q4 2015.
- Funds reported $389M of Cowen Inc. Class A Common Stock stock for Q1 2016, down 4.4% quarter-over-quarter.
- 12 funds opened new Cowen Inc. Class A Common Stock positions in Q1 2016 and 29 closed out, a net change of -17 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q1 2016 was Ariel Investments, an estimated $12.8M added.
- The largest Cowen Inc. Class A Common Stock seller in Q1 2016 was WCM Investment Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2016.