Cowen Inc. Class A Common Stock
COWN
COWN was delisted on the 28th of February, 2023.
180 hedge funds and large institutions have $877M invested in Cowen Inc. Class A Common Stock in 2021 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 63 increasing their positions, 64 reducing their positions, and 43 closing their positions.
105% more call options, than puts
Call options by funds: $9.16M | Put options by funds: $4.46M
2% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 64
10% less funds holding
Funds holding: 201 → 180 (-21)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
19% less capital invested
Capital invested by funds: $1.08B → $877M (-$203M)
49% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$44.3M |
| 2 |
Millennium Management
New York
|
+$12.8M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$10M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.6M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$9.47M |
| 4 |
Renaissance Technologies
New York
|
-$9.34M |
| 5 |
D.E. Shaw & Co
New York
|
-$8.34M |
COWN Hedge Fund Activity: Q3 2021 in Review
180 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q3 2021, worth a combined $877M — down 19% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of COWN and 22 opened new positions — a net loss of 21 holders — while 64 trimmed existing stakes and 63 added.
The largest buyer was Azora Capital LP, adding an estimated $44.3M. The largest seller was Fidelity Investments, cutting an estimated $26.1M.
- 180 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q3 2021, down from 201 in Q2 2021.
- Funds reported $877M of Cowen Inc. Class A Common Stock stock for Q3 2021, down 19% quarter-over-quarter.
- 22 funds opened new Cowen Inc. Class A Common Stock positions in Q3 2021 and 43 closed out, a net change of -21 holders.
- The largest Cowen Inc. Class A Common Stock buyer in Q3 2021 was Azora Capital LP, an estimated $44.3M added.
- The largest Cowen Inc. Class A Common Stock seller in Q3 2021 was Fidelity Investments, an estimated $26.1M sold.
Based on aggregated 13F filings for Q3 2021.