Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
137 hedge funds and large institutions have $483M invested in Cowen Inc. Class A Common Stock in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 46 reducing their positions, and 23 closing their positions.
24% more capital invested
Capital invested by funds: $388M → $483M (+$94.9M)
6% more call options, than puts
Call options by funds: $798K | Put options by funds: $751K
2% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 46
7% less funds holding
Funds holding: 147 → 137 (-10)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$16.2M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$9.45M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.66M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.03M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$5.82M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.71M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$2.47M |
| 4 |
Goldman Sachs
New York
|
-$2.46M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$2.42M |
COWN Hedge Fund Activity: Q2 2019 in Review
137 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q2 2019, worth a combined $483M — up 24% from $388M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of COWN and 17 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 47 added.
The largest buyer was Russell Investments Group, adding an estimated $16.2M. The largest seller was Ariel Investments, cutting an estimated $5.82M.
- 137 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q2 2019, down from 147 in Q1 2019.
- Funds reported $483M of Cowen Inc. Class A Common Stock stock for Q2 2019, up 24% quarter-over-quarter.
- 17 funds opened new Cowen Inc. Class A Common Stock positions in Q2 2019 and 23 closed out, a net change of -6 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q2 2019 was Russell Investments Group, an estimated $16.2M added.
- The largest Cowen Inc. Class A Common Stock seller in Q2 2019 was Ariel Investments, an estimated $5.82M sold.
Based on aggregated 13F filings for Q2 2019.