Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
132 hedge funds and large institutions have $357M invested in Cowen Inc. Class A Common Stock in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 40 increasing their positions, 45 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
44% more call options, than puts
Call options by funds: $192K | Put options by funds: $133K
10% more funds holding
Funds holding: 120 → 132 (+12)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 45
20% less capital invested
Capital invested by funds: $447M → $357M (-$90.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$8.9M |
| 2 |
SM
Salzhauer Michael
|
+$7.94M |
| 3 |
Man Group
London,
United Kingdom
|
+$6.29M |
| 4 |
LCS
Levin Capital Strategies
New York
|
+$2.94M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.8M |
| 2 |
FI
Fosun International
Hong Kong,
China
|
-$12.3M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$5.55M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$3.36M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.15M |
COWN Hedge Fund Activity: Q4 2018 in Review
132 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q4 2018, worth a combined $357M — down 20% from $447M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new COWN positions and 12 closed out — a net gain of 12 holders — while 40 added to existing stakes and 45 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $8.9M. The largest seller was Fidelity Investments, cutting an estimated $13.8M.
- 132 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q4 2018, up from 120 in Q3 2018.
- Funds reported $357M of Cowen Inc. Class A Common Stock stock for Q4 2018, down 20% quarter-over-quarter.
- 24 funds opened new Cowen Inc. Class A Common Stock positions in Q4 2018 and 12 closed out, a net change of +12 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q4 2018 was Russell Investments Group, an estimated $8.9M added.
- The largest Cowen Inc. Class A Common Stock seller in Q4 2018 was Fidelity Investments, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2018.