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COWN

Cowen Inc. Class A Common Stock

Delisted

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

191 hedge funds and large institutions have $888M invested in Cowen Inc. Class A Common Stock in 2021 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 56 increasing their positions, 71 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more call options, than puts

Call options by funds: $12.3M | Put options by funds: $5.05M

42% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 26

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

6% more funds holding

Funds holding: 180191 (+11)

1% more capital invested

Capital invested by funds: $877M → $888M (+$11M)

21% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 71

Holders
191
Holders Change
+11
Holders Change %
+6.11%
% of All Funds
2.94%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.11%
New
37
Increased
56
Reduced
71
Closed
26
Calls
$12.3M
Puts
$5.05M
Net Calls
+$7.2M
Net Calls Change
+$2.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$95.9M -$1.71M -46,664 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$60.1M -$4.48M -122,179 -7%
ACL
3
Azora Capital LP
Florida
$54.1M -$9.6M -261,684 -15%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$46.7M -$838K -22,838 -2%
Millennium Management
5
Millennium Management
New York
$37.9M +$7.53M +205,191 +24%
APCM
6
Arbiter Partners Capital Management
New York
$33.7M
N
7
Nuveen
North Carolina
$32.1M +$304K +8,295 +0.9%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$26.1M -$3.08M -83,949 -10%
State Street
9
State Street
Massachusetts
$25.6M +$3.09M +84,280 +13%
Ameriprise
10
Ameriprise
Minnesota
$24.1M +$5.38M +146,811 +28%
Jacobs Levy Equity Management
11
Jacobs Levy Equity Management
New Jersey
$21.2M -$1.16M -31,669 -5%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$20.8M +$2.5M +68,079 +13%
HA
13
Heartland Advisors
Wisconsin
$19.5M -$84.4K -2,300 -0.4%
P2P
14
Phase 2 Partners
California
$18.4M +$18.7M +509,701 New
SM
15
Salzhauer Michael
$16.5M -$346K -9,427 -2%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$15.4M +$769K +20,976 +5%
SSA
17
Schonfeld Strategic Advisors
New York
$14.1M +$11.6M +315,248 +424%
JP Morgan Chase
18
JP Morgan Chase
New York
$13.7M -$1.53M -41,588 -10%
DCM
19
Driehaus Capital Management
Illinois
$13.4M -$645K -17,572 -5%
BCM
20
Bridgeway Capital Management
Texas
$12.1M +$1.1M +30,100 +10%
Nomura Holdings
21
Nomura Holdings
Japan
$11.7M +$976K +26,597 +9%
Two Sigma Advisers
22
Two Sigma Advisers
New York
$11.3M -$4.29M -117,000 -27%
EIM
23
Essex Investment Management
Massachusetts
$10M +$106K +2,894 +1%
Northern Trust
24
Northern Trust
Illinois
$9.49M -$674K -18,386 -7%
Hotchkis & Wiley Capital Management
25
Hotchkis & Wiley Capital Management
California
$9.25M +$103K +2,800 +1%

COWN Hedge Fund Activity: Q4 2021 in Review

191 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q4 2021, worth a combined $888M — up 1.3% from $877M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new COWN positions and 26 closed out — a net gain of 11 holders — while 56 added to existing stakes and 71 trimmed.

The largest buyer was Schonfeld Strategic Advisors, adding an estimated $11.6M. The largest seller was Bank of Montreal, exiting entirely with an estimated $13.2M sold.

  • 191 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q4 2021, up from 180 in Q3 2021.
  • Funds reported $888M of Cowen Inc. Class A Common Stock stock for Q4 2021, up 1.3% quarter-over-quarter.
  • 37 funds opened new Cowen Inc. Class A Common Stock positions in Q4 2021 and 26 closed out, a net change of +11 holders.
  • The largest Cowen Inc. Class A Common Stock buyer in Q4 2021 was Schonfeld Strategic Advisors, an estimated $11.6M added.
  • The largest Cowen Inc. Class A Common Stock seller in Q4 2021 was Bank of Montreal, an estimated $13.2M sold.

Based on aggregated 13F filings for Q4 2021.