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COWN

Cowen Inc. Class A Common Stock

Delisted

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

158 hedge funds and large institutions have $566M invested in Cowen Inc. Class A Common Stock in 2022 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 54 increasing their positions, 47 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

371% more call options, than puts

Call options by funds: $5.05M | Put options by funds: $1.07M

15% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 47

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

10% less funds holding

Funds holding: 175158 (-17)

14% less capital invested

Capital invested by funds: $655M → $566M (-$89.1M)

28% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 40

Holders
158
Holders Change
-17
Holders Change %
-9.71%
% of All Funds
2.66%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
29
Increased
54
Reduced
47
Closed
40
Calls
$5.05M
Puts
$1.07M
Net Calls
+$3.98M
Net Calls Change
+$4.05M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$64.1M +$1.52M +62,619 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$38.5M -$1.69M -69,685 -4%
ACL
3
Azora Capital LP
Florida
$35.5M
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$31.2M +$579K +23,859 +2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$23.1M +$4.19M +172,720 +22%
APCM
6
Arbiter Partners Capital Management
New York
$22.1M -$342K -14,083 -1%
P2P
7
Phase 2 Partners
California
$17.6M +$5.57M +229,552 +45%
Jacobs Levy Equity Management
8
Jacobs Levy Equity Management
New Jersey
$16.5M +$1.97M +81,100 +13%
State Street
9
State Street
Massachusetts
$14.4M -$471K -19,418 -3%
Morgan Stanley
10
Morgan Stanley
New York
$14.2M +$6.65M +273,842 +84%
HA
11
Heartland Advisors
Wisconsin
$12.8M +$4.86K +200 +0%
SM
12
Salzhauer Michael
$11.9M +$58.9K +2,425 +0.5%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$11.5M -$65.8K -2,709 -0.6%
N
14
Natixis
France
$10.9M +$10.9M +450,000 New
LCS
15
Levin Capital Strategies
New York
$10.8M +$9.34M +384,660 +534%
Marshall Wace
16
Marshall Wace
United Kingdom
$10.3M +$3.15M +129,778 +42%
N
17
Nuveen
North Carolina
$10.1M +$616K +25,384 +6%
Hotchkis & Wiley Capital Management
18
Hotchkis & Wiley Capital Management
California
$9.76M +$1.5M +61,680 +18%
PFMOSF
19
Philadelphia Financial Management of San Francisco
California
$8.31M +$8.52M +350,817 New
JP Morgan Chase
20
JP Morgan Chase
New York
$7.69M -$1.36M -56,162 -15%
SSA
21
Schonfeld Strategic Advisors
New York
$7.52M +$3.59M +148,041 +87%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$7.24M -$2.92M -120,322 -28%
EIM
23
Essex Investment Management
Massachusetts
$6.6M -$83.3K -3,430 -1%
KCM
24
Kennedy Capital Management
Missouri
$6.52M +$93K +3,832 +1%
Millennium Management
25
Millennium Management
New York
$6.14M -$4.87M -200,436 -44%

COWN Hedge Fund Activity: Q2 2022 in Review

158 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q2 2022, worth a combined $566M — down 14% from $655M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of COWN and 29 opened new positions — a net loss of 11 holders — while 47 trimmed existing stakes and 54 added.

The largest buyer was Natixis, opening a new position worth an estimated $10.9M. The largest seller was Ameriprise, cutting an estimated $11.3M.

  • 158 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q2 2022, down from 175 in Q1 2022.
  • Funds reported $566M of Cowen Inc. Class A Common Stock stock for Q2 2022, down 14% quarter-over-quarter.
  • 29 funds opened new Cowen Inc. Class A Common Stock positions in Q2 2022 and 40 closed out, a net change of -11 holders.
  • The largest Cowen Inc. Class A Common Stock buyer in Q2 2022 was Natixis, an estimated $10.9M added.
  • The largest Cowen Inc. Class A Common Stock seller in Q2 2022 was Ameriprise, an estimated $11.3M sold.

Based on aggregated 13F filings for Q2 2022.