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COWN

Cowen Inc. Class A Common Stock

Delisted

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

163 hedge funds and large institutions have $1.01B invested in Cowen Inc. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 33 increasing their positions, 51 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

158% more call options, than puts

Call options by funds: $7.9M | Put options by funds: $3.06M

78% more capital invested

Capital invested by funds: $566M → $1.01B (+$443M)

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

3% more funds holding

Funds holding: 158163 (+5)

9% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 53

35% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 51

Holders
163
Holders Change
+5
Holders Change %
+3.16%
% of All Funds
2.81%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.1%
New
58
Increased
33
Reduced
51
Closed
53
Calls
$7.9M
Puts
$3.06M
Net Calls
+$4.84M
Net Calls Change
+$865K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$87.9M -$15.7M -431,243 -16%
MF
2
Magnetar Financial
Illinois
$63M +$59.3M +1,630,625 New
Vanguard Group
3
Vanguard Group
Pennsylvania
$50M -$12M -329,723 -20%
NAM
4
Nexpoint Asset Management
Texas
$48.9M +$46M +1,265,282 New
VI
5
Versor Investments
New York
$48.7M +$45.8M +1,260,152 New
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$47.9M -$2.83M -77,800 -6%
KL
7
KIM LLC
Kansas
$40.4M +$38M +1,044,487 New
CC
8
Carlson Capital
Texas
$34.8M +$32.7M +900,000 New
Fidelity International
9
Fidelity International
Bermuda
$34.6M +$32.6M +895,994 New
AAM
10
Alpine Associates Management
Florida
$26.5M +$24.9M +685,500 New
Grantham, Mayo, Van Otterloo & Co (GMO)
11
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$23.7M +$22.3M +612,708 New
State Street
12
State Street
Massachusetts
$23.4M -$155K -4,264 -0.7%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$21.7M -$14.9M -410,566 -42%
Tudor Investment Corp
14
Tudor Investment Corp
Connecticut
$21.7M +$20.5M +562,346 New
JP Morgan Chase
15
JP Morgan Chase
New York
$20M +$6.98M +191,875 +59%
HA
16
Heartland Advisors
Wisconsin
$19.3M -$1.45M -39,950 -7%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$18.6M -$166K -4,570 -0.9%
AA
18
AQR Arbitrage
Connecticut
$18.5M +$17.4M +479,802 New
WIC
19
Water Island Capital
New York
$17.4M +$16.3M +449,416 New
Goldman Sachs
20
Goldman Sachs
New York
$17.2M +$13.1M +361,031 +429%
Deutsche Bank
21
Deutsche Bank
Germany
$16.6M +$15M +413,055 +2,616%
N
22
Nuveen
North Carolina
$15.6M -$748K -20,560 -5%
WP
23
Woodline Partners
California
$14.5M +$13.6M +374,739 New
Bank of America
24
Bank of America
North Carolina
$11.3M +$8.03M +220,866 +314%
Charles Schwab
25
Charles Schwab
California
$11M +$948K +26,054 +10%

COWN Hedge Fund Activity: Q3 2022 in Review

163 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cowen Inc. Class A Common Stock (COWN) for Q3 2022, worth a combined $1.01B — up 78% from $566M a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new COWN positions and 53 closed out — a net gain of 5 holders — while 33 added to existing stakes and 51 trimmed.

The largest buyer was Magnetar Financial, opening a new position worth an estimated $59.3M. The largest seller was Azora Capital LP, exiting entirely with an estimated $35.5M sold.

  • 163 institutional investors held Cowen Inc. Class A Common Stock (COWN) as of Q3 2022, up from 158 in Q2 2022.
  • Funds reported $1.01B of Cowen Inc. Class A Common Stock stock for Q3 2022, up 78% quarter-over-quarter.
  • 58 funds opened new Cowen Inc. Class A Common Stock positions in Q3 2022 and 53 closed out, a net change of +5 holders.
  • The largest Cowen Inc. Class A Common Stock buyer in Q3 2022 was Magnetar Financial, an estimated $59.3M added.
  • The largest Cowen Inc. Class A Common Stock seller in Q3 2022 was Azora Capital LP, an estimated $35.5M sold.

Based on aggregated 13F filings for Q3 2022.