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COWN

Cowen Inc. Class A Common Stock

Delisted

COWN was delisted on the 28th of February, 2023.

201 hedge funds and large institutions have $1.08B invested in Cowen Inc. Class A Common Stock in 2021 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 59 increasing their positions, 72 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

223% more call options, than puts

Call options by funds: $20.4M | Put options by funds: $6.3M

35% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 34

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

12% more capital invested

Capital invested by funds: $967M → $1.08B (+$112M)

6% more funds holding

Funds holding: 189201 (+12)

18% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 72

Holders
201
Holders Change
+12
Holders Change %
+6.35%
% of All Funds
3.5%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.12%
New
46
Increased
59
Reduced
72
Closed
34
Calls
$20.4M
Puts
$6.3M
Net Calls
+$14.1M
Net Calls Change
+$5.54M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$110M -$327K -8,338 -0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$67.3M +$3.38M +86,079 +6%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$61.7M -$6.27M -159,858 -10%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$52.4M -$948K -24,156 -2%
APCM
5
Arbiter Partners Capital Management
New York
$38.3M -$5.35M -136,340 -13%
N
6
Nuveen
North Carolina
$36.3M +$777K +19,796 +2%
Jacobs Levy Equity Management
7
Jacobs Levy Equity Management
New Jersey
$28.8M +$6.47M +164,850 +31%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$25.7M -$8.94M -227,802 -27%
State Street
9
State Street
Massachusetts
$24M +$1.95M +49,582 +9%
ACL
10
Azora Capital LP
Florida
$23.7M -$29.3M -745,820 -56%
HA
11
Heartland Advisors
Wisconsin
$22.3M -$2.19M -55,740 -9%
DCM
12
Driehaus Capital Management
Illinois
$22M -$345K -8,784 -2%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$21.6M -$217K -5,536 -1%
JP Morgan Chase
14
JP Morgan Chase
New York
$21.2M -$4.54M -115,623 -18%
Millennium Management
15
Millennium Management
New York
$20.7M +$3.24M +82,682 +20%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$20.1M +$681K +17,354 +4%
Ameriprise
17
Ameriprise
Minnesota
$19.6M -$821K -20,936 -4%
Two Sigma Investments
18
Two Sigma Investments
New York
$19.5M +$2.67M +67,991 +17%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$18.9M +$5.42M +138,175 +43%
SM
20
Salzhauer Michael
$18.6M +$138K +3,523 +0.8%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$16.2M +$3.71M +94,450 +31%
Goldman Sachs
22
Goldman Sachs
New York
$13.2M -$5.79M -147,639 -31%
PFMOSF
23
Philadelphia Financial Management of San Francisco
California
$13M -$1.48M -37,806 -11%
EAM
24
Eagle Asset Management
Florida
$12.1M +$1.8M +45,868 +18%
EIM
25
Essex Investment Management
Massachusetts
$11.3M -$2.39M -60,930 -18%

COWN Hedge Fund Activity: Q2 2021 in Review

201 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q2 2021, worth a combined $1.08B — up 12% from $967M a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new COWN positions and 34 closed out — a net gain of 12 holders — while 59 added to existing stakes and 72 trimmed.

The largest buyer was Jacobs Levy Equity Management, adding an estimated $6.47M. The largest seller was Azora Capital LP, cutting an estimated $29.3M.

  • 201 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q2 2021, up from 189 in Q1 2021.
  • Funds reported $1.08B of Cowen Inc. Class A Common Stock stock for Q2 2021, up 12% quarter-over-quarter.
  • 46 funds opened new Cowen Inc. Class A Common Stock positions in Q2 2021 and 34 closed out, a net change of +12 holders.
  • The largest Cowen Inc. Class A Common Stock buyer in Q2 2021 was Jacobs Levy Equity Management, an estimated $6.47M added.
  • The largest Cowen Inc. Class A Common Stock seller in Q2 2021 was Azora Capital LP, an estimated $29.3M sold.

Based on aggregated 13F filings for Q2 2021.