Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
123 hedge funds and large institutions have $413M invested in Cowen Inc. Class A Common Stock in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 49 reducing their positions, and 17 closing their positions.
74% more capital invested
Capital invested by funds: $237M → $413M (+$176M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
4% more call options, than puts
Call options by funds: $3M | Put options by funds: $2.88M
0% more funds holding
Funds holding: 123 → 123 (0)
27% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.6M |
| 2 |
Pzena Investment Management
New York
|
+$6.51M |
| 3 |
JP Morgan Chase
New York
|
+$4.85M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$3.42M |
| 5 |
APCM
Arbiter Partners Capital Management
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$10.5M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.64M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$3.07M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$2.25M |
| 5 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
-$1.28M |
COWN Hedge Fund Activity: Q2 2020 in Review
123 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q2 2020, worth a combined $413M — up 74% from $237M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new COWN positions and 17 closed out — a net gain of 1 holder — while 36 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $15.6M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $10.5M.
- 123 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $413M of Cowen Inc. Class A Common Stock stock for Q2 2020, up 74% quarter-over-quarter.
- 18 funds opened new Cowen Inc. Class A Common Stock positions in Q2 2020 and 17 closed out, a net change of +1 holder.
- The largest Cowen Inc. Class A Common Stock buyer in Q2 2020 was Fidelity Investments, an estimated $15.6M added.
- The largest Cowen Inc. Class A Common Stock seller in Q2 2020 was Philadelphia Financial Management of San Francisco, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2020.