Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
132 hedge funds and large institutions have $426M invested in Cowen Inc. Class A Common Stock in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 39 increasing their positions, 39 reducing their positions, and 21 closing their positions.
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
12% more call options, than puts
Call options by funds: $2.26M | Put options by funds: $2.03M
7% more funds holding
Funds holding: 123 → 132 (+9)
3% more capital invested
Capital invested by funds: $413M → $426M (+$13.1M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$11.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.73M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.02M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.63M |
| 5 |
Goldman Sachs
New York
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.1M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$10.4M |
| 3 |
Millennium Management
New York
|
-$5.53M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
-$5.51M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.36M |
COWN Hedge Fund Activity: Q3 2020 in Review
132 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q3 2020, worth a combined $426M — up 3.2% from $413M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new COWN positions and 21 closed out — a net gain of 9 holders — while 39 added to existing stakes and 39 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $11.5M. The largest seller was Fidelity Investments, cutting an estimated $11.1M.
- 132 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q3 2020, up from 123 in Q2 2020.
- Funds reported $426M of Cowen Inc. Class A Common Stock stock for Q3 2020, up 3.2% quarter-over-quarter.
- 30 funds opened new Cowen Inc. Class A Common Stock positions in Q3 2020 and 21 closed out, a net change of +9 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q3 2020 was Pzena Investment Management, an estimated $11.5M added.
- The largest Cowen Inc. Class A Common Stock seller in Q3 2020 was Fidelity Investments, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2020.