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COWN

Cowen Inc. Class A Common Stock

Delisted

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

110 hedge funds and large institutions have $372M invested in Cowen Inc. Class A Common Stock in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 32 increasing their positions, 50 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

310% more call options, than puts

Call options by funds: $713K | Put options by funds: $174K

1% more capital invested

Capital invested by funds: $367M → $372M (+$4.68M)

0% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 20

2% less funds holding

Funds holding: 112110 (-2)

36% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 50

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
110
Holders Change
-2
Holders Change %
-1.79%
% of All Funds
2.75%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
20
Increased
32
Reduced
50
Closed
20
Calls
$713K
Puts
$174K
Net Calls
+$539K
Net Calls Change
+$558K
Name Holding Trade Value Shares
Change
Change in
Stake
AI
1
Ariel Investments
Illinois
$43M -$3.68M -256,704 -8%
FCP
2
Fine Capital Partners
New York
$25M -$14.8M -1,031,861 -39%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$20M -$61.9K -4,316 -0.3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$19.7M -$2.37M -165,369 -12%
TSW
5
Thompson Siegel & Walmsley
Virginia
$18.6M -$1.05M -73,229 -6%
APCM
6
Arbiter Partners Capital Management
New York
$17.6M +$661K +46,027 +4%
MCA
7
Mendon Capital Advisors
Florida
$17M +$2.39M +166,445 +18%
Vanguard Group
8
Vanguard Group
Pennsylvania
$15.7M +$166K +11,575 +1%
BFA
9
BlackRock Fund Advisors
California
$15.4M +$2.81M +195,573 +24%
BIT
10
BlackRock Institutional Trust
California
$12.4M -$35.8K -2,495 -0.3%
Nomura Holdings
11
Nomura Holdings
Japan
$12.1M +$194K +13,521 +2%
Capital World Investors
12
Capital World Investors
California
$9.92M +$9.19M +640,000 New
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$8.69M +$445K +31,015 +6%
RA
14
Royce & Associates
New York
$7.49M -$1.48M -103,350 -18%
State Street
15
State Street
Massachusetts
$7.31M +$48.4K +3,371 +0.7%
CS
16
Credit Suisse
Switzerland
$7.27M +$664K +46,295 +11%
Wells Fargo
17
Wells Fargo
California
$7.18M +$564K +39,263 +9%
CRC
18
Curi RMB Capital
Illinois
$6.64M -$1.36M -94,937 -18%
William Blair Investment Management
19
William Blair Investment Management
Illinois
$6.6M -$106K -7,400 -2%
SCM
20
Springhouse Capital Management
Connecticut
$6.05M +$2.83M +197,007 +102%
DCM
21
Driehaus Capital Management
Illinois
$4.91M +$4.55M +317,034 New
SM
22
Salzhauer Michael
$4.74M +$1.62M +112,762 +58%
Northern Trust
23
Northern Trust
Illinois
$4.59M +$369K +25,725 +10%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$4.16M -$5.32M -370,975 -58%
CP
25
Cumberland Partners
Ontario, Canada
$4.11M -$245K -17,075 -6%

COWN Hedge Fund Activity: Q4 2016 in Review

110 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q4 2016, worth a combined $372M — up 1.3% from $367M a quarter earlier.

Fund positioning in COWN was balanced in Q4 2016: 20 funds opened new positions, 20 closed out, 32 added to existing stakes and 50 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $9.19M. The largest seller was Chartwell Investment Partners, cutting an estimated $16.6M.

  • 110 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q4 2016, down from 112 in Q3 2016.
  • Funds reported $372M of Cowen Inc. Class A Common Stock stock for Q4 2016, up 1.3% quarter-over-quarter.
  • 20 funds opened new Cowen Inc. Class A Common Stock positions in Q4 2016 and 20 closed out, a net change of 0 holders.
  • The largest Cowen Inc. Class A Common Stock buyer in Q4 2016 was Capital World Investors, an estimated $9.19M added.
  • The largest Cowen Inc. Class A Common Stock seller in Q4 2016 was Chartwell Investment Partners, an estimated $16.6M sold.

Based on aggregated 13F filings for Q4 2016.