Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
147 hedge funds and large institutions have $388M invested in Cowen Inc. Class A Common Stock in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 41 increasing their positions, 49 reducing their positions, and 12 closing their positions.
133% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 12
11% more funds holding
Funds holding: 132 → 147 (+15)
9% more capital invested
Capital invested by funds: $357M → $388M (+$31.6M)
15% less call options, than puts
Call options by funds: $603K | Put options by funds: $708K
16% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 49
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$6.61M |
| 2 |
D.E. Shaw & Co
New York
|
+$5.65M |
| 3 |
TA
Teachers Advisors
New York
|
+$4.53M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.57M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$8.1M |
| 2 |
Millennium Management
New York
|
-$8.09M |
| 3 |
FI
Fosun International
Hong Kong,
China
|
-$6.57M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$3.23M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$2.88M |
COWN Hedge Fund Activity: Q1 2019 in Review
147 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q1 2019, worth a combined $388M — up 8.9% from $357M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new COWN positions and 12 closed out — a net gain of 16 holders — while 41 added to existing stakes and 49 trimmed.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $6.61M. The largest seller was Russell Investments Group, cutting an estimated $8.1M.
- 147 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q1 2019, up from 132 in Q4 2018.
- Funds reported $388M of Cowen Inc. Class A Common Stock stock for Q1 2019, up 8.9% quarter-over-quarter.
- 28 funds opened new Cowen Inc. Class A Common Stock positions in Q1 2019 and 12 closed out, a net change of +16 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q1 2019 was Lazard Asset Management, an estimated $6.61M added.
- The largest Cowen Inc. Class A Common Stock seller in Q1 2019 was Russell Investments Group, an estimated $8.1M sold.
Based on aggregated 13F filings for Q1 2019.