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COWN

Cowen Inc. Class A Common Stock

Delisted

COWN was delisted on the 28th of February, 2023.

112 hedge funds and large institutions have $367M invested in Cowen Inc. Class A Common Stock in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 39 increasing their positions, 40 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

25% more capital invested

Capital invested by funds: $295M → $367M (+$72.7M)

3% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 40

3% less funds holding

Funds holding: 116112 (-4)

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $19K

Holders
112
Holders Change
-4
Holders Change %
-3.45%
% of All Funds
2.99%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.11%
New
7
Increased
39
Reduced
40
Closed
10
Calls
Puts
$19K
Net Calls
-$19K
Net Calls Change
-$30K
Name Holding Trade Value Shares
Change
Change in
Stake
AI
1
Ariel Investments
Illinois
$44M +$2.35M +177,180 +6%
FCP
2
Fine Capital Partners
New York
$38.4M +$1.5M +113,575 +4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$20.8M +$5.02M +378,732 +36%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$18.8M -$49.3K -3,719 -0.3%
TSW
5
Thompson Siegel & Walmsley
Virginia
$18.5M -$198K -14,935 -1%
CIP
6
Chartwell Investment Partners
Pennsylvania
$18M +$4.26M +321,690 +35%
APCM
7
Arbiter Partners Capital Management
New York
$15.8M +$2.56M +193,488 +22%
Vanguard Group
8
Vanguard Group
Pennsylvania
$14.6M -$4.19M -316,162 -24%
MCA
9
Mendon Capital Advisors
Florida
$13.5M -$108K -8,155 -0.9%
BIT
10
BlackRock Institutional Trust
California
$11.7M +$51.4K +3,879 +0.5%
BFA
11
BlackRock Fund Advisors
California
$11.6M +$634K +47,866 +6%
Nomura Holdings
12
Nomura Holdings
Japan
$11.1M +$2.38M +179,327 +31%
New York State Common Retirement Fund
13
New York State Common Retirement Fund
New York
$9.29M +$78.8K +5,949 +0.9%
RA
14
Royce & Associates
New York
$8.51M -$166K -12,500 -2%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$7.69M +$291K +21,951 +4%
CRC
16
Curi RMB Capital
Illinois
$7.6M -$56.8K -4,284 -0.8%
State Street
17
State Street
Massachusetts
$6.81M -$125K -9,404 -2%
William Blair Investment Management
18
William Blair Investment Management
Illinois
$6.29M +$348K +26,253 +6%
SFM
19
Systematic Financial Management
New Jersey
$6.29M -$48K -3,619 -0.8%
Wells Fargo
20
Wells Fargo
California
$6.16M -$1M -75,575 -15%
CS
21
Credit Suisse
Switzerland
$6.14M +$518K +39,122 +10%
JP Morgan Chase
22
JP Morgan Chase
New York
$4.77M -$643K -48,511 -13%
CP
23
Cumberland Partners
Ontario, Canada
$4.1M -$85.1K -6,425 -2%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$4.02M -$110K -8,265 -3%
Northern Trust
25
Northern Trust
Illinois
$3.93M +$41.7K +3,147 +1%

COWN Hedge Fund Activity: Q3 2016 in Review

112 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q3 2016, worth a combined $367M — up 25% from $295M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of COWN and 7 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 39 added.

The largest buyer was Fidelity Investments, adding an estimated $5.02M. The largest seller was Vanguard Group, cutting an estimated $4.19M.

  • 112 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q3 2016, down from 116 in Q2 2016.
  • Funds reported $367M of Cowen Inc. Class A Common Stock stock for Q3 2016, up 25% quarter-over-quarter.
  • 7 funds opened new Cowen Inc. Class A Common Stock positions in Q3 2016 and 10 closed out, a net change of -3 holders.
  • The largest Cowen Inc. Class A Common Stock buyer in Q3 2016 was Fidelity Investments, an estimated $5.02M added.
  • The largest Cowen Inc. Class A Common Stock seller in Q3 2016 was Vanguard Group, an estimated $4.19M sold.

Based on aggregated 13F filings for Q3 2016.