Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
96 hedge funds and large institutions have $366M invested in Cowen Inc. Class A Common Stock in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 20 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
49% more call options, than puts
Call options by funds: $2.38M | Put options by funds: $1.6M
2% less capital invested
Capital invested by funds: $372M → $366M (-$5.8M)
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
13% less funds holding
Funds holding: 110 → 96 (-14)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$28.9M |
| 2 |
Millennium Management
New York
|
+$9.16M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.54M |
| 4 |
FI
Fosun International
Hong Kong,
China
|
+$5.42M |
| 5 |
APCM
Arbiter Partners Capital Management
New York
|
+$4.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCP
Fine Capital Partners
New York
|
-$6.79M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$5.94M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.91M |
| 4 |
SM
Salzhauer Michael
|
-$4.74M |
| 5 |
Two Sigma Investments
New York
|
-$2.44M |
COWN Hedge Fund Activity: Q1 2017 in Review
96 of the 4,033 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q1 2017, worth a combined $366M — down 1.6% from $372M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of COWN and 12 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 31 added.
The largest buyer was BlackRock, adding an estimated $28.9M. The largest seller was Fine Capital Partners, cutting an estimated $6.79M.
- 96 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q1 2017, down from 110 in Q4 2016.
- Funds reported $366M of Cowen Inc. Class A Common Stock stock for Q1 2017, down 1.6% quarter-over-quarter.
- 12 funds opened new Cowen Inc. Class A Common Stock positions in Q1 2017 and 20 closed out, a net change of -8 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q1 2017 was BlackRock, an estimated $28.9M added.
- The largest Cowen Inc. Class A Common Stock seller in Q1 2017 was Fine Capital Partners, an estimated $6.79M sold.
Based on aggregated 13F filings for Q1 2017.