Cowen Inc 13F annual report

Cowen Inc is an investment fund managing more than $1.21 billion ran by Owen Littman. There are currently 169 companies in Mr. Littman’s portfolio. The largest investments include Red Hat Inc and Mellanox Technologies Ltd, together worth $175 million.

Limited to 30 biggest holdings

$1.21 billion Assets Under Management (AUM)

As of 7th October 2020, Cowen Inc’s top holding is 468,827 shares of Red Hat Inc currently worth over $88 million and making up 7.3% of the portfolio value. In addition, the fund holds 784,841 shares of Mellanox Technologies Ltd worth $86.9 million. The third-largest holding is Tableau Software Inc worth $63.5 million and the next is Celgene Corp worth $62.7 million, with 678,108 shares owned.

Currently, Cowen Inc's portfolio is worth at least $1.21 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Cowen Inc

The Cowen Inc office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Owen Littman serves as the General Counsel at Cowen Inc.

Recent trades

In the most recent 13F filing, Cowen Inc revealed that it had opened a new position in Tableau Software Inc and bought 382,632 shares worth $63.5 million.

The investment fund also strengthened its position in Red Hat Inc by buying 99,037 additional shares. This makes their stake in Red Hat Inc total 468,827 shares worth $88 million.

On the other hand, there are companies that Cowen Inc is getting rid of from its portfolio. Cowen Inc closed its position in Ultimate Software Group Inc on 16th August 2019. It sold the previously owned 241,040 shares for $79.6 million. Owen Littman also disclosed a decreased stake in Lloyds Banking Plc by approximately 0.1%. This leaves the value of the investment at $23.8 million and 8,374,111 shares.

One of the largest hedge funds

The two most similar investment funds to Cowen Inc are Texas Yale Capital and Townsquare Capital. They manage $1.21 billion and $1.21 billion respectively.


Owen Littman investment strategy

Cowen Inc’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Health Care — making up 8.8% of the total portfolio value. The fund focuses on investments in the United States as 23.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 12% of the total holdings value. On the other hand, small-cap stocks make up only 5.3% of the portfolio. The average market cap of the portfolio companies is close to $25.2 billion.

The complete list of Cowen Inc trades based on 13F SEC filings

These positions were updated on August 16th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Red Hat Inc
26.78%
468,827
$88,027,000 7.29%
Mellanox Technologies Ltd
79.39%
784,841
$86,858,000 7.19%
Ultimate Software Group Inc
Closed
241,040
$79,575,000
Tableau Software Inc
Opened
382,632
$63,525,000 5.26%
Celgene Corp
1,508.80%
678,108
$62,684,000 5.19%
Banco Santander SA
Opened
13,452,179
$61,611,000 5.10%
WABCO Holdings, Inc.
553.66%
433,588
$57,494,000 4.76%
Spark Therapeutics Inc
Closed
497,720
$56,680,000
Bank N S Halifax
3,571,328.57%
1,000,000
$54,350,000 4.50%
Zayo Group Hldgs Inc
Opened
1,499,493
$49,348,000 4.08%
Anadarko Pete Corp
Opened
605,955
$42,756,000 3.54%
Orchard Therapeutics Plc
4.39%
3,035,364
$42,465,000 3.51%
Cypress Semiconductor Corp
Opened
1,841,078
$40,946,000 3.39%
Bemis Co Inc
Closed
699,950
$38,833,000
First Data Corp New
Closed
1,306,018
$34,309,000
Centene Corp.
Opened
483,963
$25,379,000 2.10%
Luxoft Hldg Inc
Closed
416,678
$24,463,000
Sumitomo Mitsui Finl Group I
Opened
3,402,000
$24,018,000 1.99%
Lloyds Banking Group Plc
7.81%
8,374,111
$23,782,000 1.97%
Medidata Solutions Inc
Opened
257,314
$23,289,000 1.93%
Versum Matls Inc
Opened
423,162
$21,827,000 1.81%
Sentinel Energy Svcs Inc
Opened
1,813,245
$18,404,000 1.52%
Worldpay Inc
69.84%
129,972
$15,928,000 1.32%
Mizuho Finl Group Inc
452.45%
5,485,850
$15,799,000 1.31%
Precision Biosciences Inc
7.47%
1,083,926
$14,362,000 1.19%
Saban Cap Acquisition Corp
Closed
1,269,361
$13,049,000
Vodafone Group Plc
Opened
788,794
$12,881,000 1.07%
Caesars Entmt Corp
185.84%
1,019,605
$12,052,000 1.00%
Unilever N V
96.79%
196,791
$11,949,000 0.99%
Social Cap Hedosophia Hldgs
9.95%
1,100,777
$11,487,000 0.95%
Tesla, Inc.
Opened
50,000
$11,173,000 0.92%
Trident Acquisitions Corp.
797.47%
994,449
$10,283,000 0.85%
Hsbc Hldgs Plc
Closed
251,650
$10,212,000
Array Biopharma Inc
Opened
217,408
$10,073,000 0.83%
Magellan Health, Inc.
Closed
151,360
$9,978,000
Pure Acquisition Corp
35.57%
925,000
$9,380,000 0.78%
Total Sys Svcs Inc
Opened
67,888
$8,708,000 0.72%
Integrated Device Technology
Closed
177,246
$8,683,000
Maxwell Technologies Inc
Closed
1,783,094
$7,970,000
Constellation Alpha Cap Corp
1.64%
759,312
$7,897,000 0.65%
BP Plc
Opened
187,696
$7,827,000 0.65%
Coty, Inc.
Closed
648,000
$7,452,000
Black Ridge Acquisition Corp
Opened
670,100
$6,895,000 0.57%
El Paso Elec Co
Opened
105,258
$6,884,000 0.57%
Canopy Growth Corp.
42.63%
160,600
$6,474,000 0.54%
Opes Acquisition Corp
311.77%
576,372
$5,937,000 0.49%
Tpg Pace Hldgs Corp
173.23%
563,094
$5,856,000 0.48%
Vaneck Vectors Etf Tr
Closed
255,000
$5,717,000
Gores Metropoulos Inc
Opened
557,478
$5,614,000 0.46%
Suntrust Bks Inc
14.54%
86,581
$5,442,000 0.45%
Under Armour, Inc.
13.46%
241,102
$5,352,000 0.44%
Takeda Pharmaceutical Co., Ltd.
1.70%
299,914
$5,308,000 0.44%
Gordon Pointe Acquisition Co
535.51%
510,000
$5,269,000 0.44%
Chaserg Technlgy Acquisitn C
Opened
516,962
$5,190,000 0.43%
Aphria, Inc.
816.03%
737,864
$5,172,000 0.43%
Liberty Expedia Hldgs Inc
324.59%
105,083
$5,022,000 0.42%
GW Pharmaceuticals Plc
Closed
28,800
$4,855,000
GCI Liberty, Inc.
5.88%
78,334
$4,814,000 0.40%
Altaba Inc
Closed
63,300
$4,692,000
Amazon.com, Inc.
Closed
2,611
$4,650,000
BHP Group Plc
Opened
90,868
$4,644,000 0.38%
JPMorgan Chase & Co.
Opened
41,400
$4,629,000 0.38%
Vaneck Vectors Etf Tr
Opened
42,000
$4,628,000 0.38%
Sprott Physical Gold & Silve
46.42%
347,094
$4,592,000 0.38%
Regalwood Global Energy Ltd
Opened
450,100
$4,591,000 0.38%
Wellcare Health Plans Inc
Closed
16,802
$4,532,000
Twelve Seas Investment Compa
Closed
445,842
$4,458,000
Luckin Coffee, Inc.
Opened
225,000
$4,385,000 0.36%
Tottenham Acquisition I Ltd.
242.63%
394,837
$4,027,000 0.33%
Brookfield Property REIT Inc.
2.64%
206,259
$3,896,000 0.32%
Collier Creek Holdings
567.75%
367,909
$3,679,000 0.30%
Mitsubishi Ufj Finl Group In
Opened
756,800
$3,595,000 0.30%
Finisar Corp
Closed
155,125
$3,594,000
Global Blood Therapeutics In
1.03%
67,300
$3,540,000 0.29%
8i Enterprises Acquisitin Co
Opened
356,966
$3,534,000 0.29%
New Frontier Corp
25.19%
348,102
$3,505,000 0.29%
Liberty Media Corp Delaware
52.59%
89,765
$3,394,000 0.28%
Greenlane Holdings, Inc.
Opened
336,686
$3,228,000 0.27%
Unilever Plc
Opened
51,204
$3,173,000 0.26%
Genworth Finl Inc
Closed
824,308
$3,157,000
Mudrick Cap Acquisition Corp
18.60%
304,915
$3,104,000 0.26%
Capitol Invt Corp Iv
56.12%
300,580
$3,075,000 0.25%
Legacy Acquisition Corp
99.98%
299,969
$3,030,000 0.25%
Forum Merger Ii Corp
836.01%
286,176
$2,879,000 0.24%
Gores Holdings Iii Inc
35.48%
285,585
$2,870,000 0.24%
Tilray, Inc.
4.23%
61,600
$2,868,000 0.24%
Targa Res Corp
12.86%
72,500
$2,846,000 0.24%
Discovery, Inc.
Opened
100,000
$2,845,000 0.24%
Liberty Broadband Corp.
62.01%
26,279
$2,739,000 0.23%
II-VI, Inc.
Opened
74,675
$2,730,000 0.23%
Kezar Life Sciences, Inc.
30.28%
343,049
$2,645,000 0.22%
Pivotal Acquisition Corp
Opened
260,280
$2,642,000 0.22%
Cars.com, Inc.
Closed
111,921
$2,552,000
Banco Santander Mexico S A
Opened
324,337
$2,481,000 0.21%
Barclays Plc
1,634.91%
324,358
$2,468,000 0.20%
Tiberius Acquisition Corp
Opened
233,421
$2,381,000 0.20%
Amci Acquisition Corp
Closed
233,931
$2,302,000
MyoKardia, Inc.
16.61%
45,000
$2,256,000 0.19%
Trinity Merger Corp
172.66%
212,326
$2,187,000 0.18%
Ultragenyx Pharmaceutical In
13.33%
34,000
$2,159,000 0.18%
Corvus Pharmaceuticals, Inc.
1.30%
576,231
$2,155,000 0.18%
Unum Therapeutics, Inc.
0.42%
820,805
$2,151,000 0.18%
Sprint Corporation
3,085.00%
318,500
$2,093,000 0.17%
Modern Media Acquisition
30.58%
200,000
$2,092,000 0.17%
Blueprint Medicines Corp.
35.29%
22,000
$2,075,000 0.17%
PVH Corp.
8.94%
21,600
$2,044,000 0.17%
Spartan Energy Acquisiton Co
Opened
200,000
$2,000,000 0.17%
Legacy Tex Finl Group Inc
Opened
47,970
$1,953,000 0.16%
Thunder Bridge Acquisition L
25.06%
184,229
$1,922,000 0.16%
bluebird bio, Inc.
87.50%
15,000
$1,908,000 0.16%
Pacific Biosciences Calif In
153.57%
304,791
$1,844,000 0.15%
GlaxoSmithKline Plc
Opened
45,825
$1,834,000 0.15%
CarMax, Inc.
Closed
26,005
$1,815,000
Ovid Therapeutics, Inc.
11.73%
972,260
$1,799,000 0.15%
Tenzing Acquisition Corp
414.71%
175,000
$1,796,000 0.15%
Pensare Acquisition Corp
Closed
167,636
$1,719,000
Lf Cap Acquisition Corp
Opened
166,057
$1,690,000 0.14%
Disney Walt Co
Closed
15,000
$1,665,000
Twin Riv Worldwide Hldgs Inc
Opened
54,855
$1,632,000 0.14%
Nxp Semiconductors N V
26.47%
16,700
$1,630,000 0.13%
Jack in the Box, Inc.
Closed
19,004
$1,540,000
Audentes Therapeutics Inc
47.68%
38,190
$1,446,000 0.12%
Quad / Graphics Inc
Closed
112,401
$1,338,000
Electronic Arts, Inc.
Opened
13,000
$1,316,000 0.11%
Lyondellbasell Industries N
Opened
15,000
$1,292,000 0.11%
Rimini Str Inc Del
No change
237,500
$1,259,000 0.10%
Exxon Mobil Corp.
Closed
15,400
$1,244,000
Spdr Series Trust
Opened
23,200
$1,240,000 0.10%
Stewart Information Svcs Cor
Opened
30,377
$1,230,000 0.10%
Deutsche Bank Ag
Opened
160,000
$1,221,000 0.10%
Parker-Hannifin Corp.
Opened
6,851
$1,165,000 0.10%
Brp Inc
Opened
32,500
$1,161,000 0.10%
Athene Hldg Ltd
Opened
25,000
$1,077,000 0.09%
Crocs, Inc.
Opened
52,500
$1,037,000 0.09%
Pearson Plc
Opened
100,000
$1,036,000 0.09%
Nebula Acquisition Corp
36.27%
100,963
$1,019,000 0.08%
Telecom Italia S P A New
Opened
197,552
$1,015,000 0.08%
Lennar Corp.
Opened
20,663
$1,001,000 0.08%
Axalta Coating Sys Ltd
Opened
33,500
$997,000 0.08%
Cm Seven Star Acquisition Co
Closed
136,104
$978,000
Sterling Bancorp Del
Closed
51,960
$968,000
Target Hospitality Corp
Opened
105,314
$958,000 0.08%
Spirit Mta Reit
Opened
113,220
$944,000 0.08%
Megalith Finl Acquisition Co
Closed
91,972
$918,000
AT&T Inc.
73.20%
26,800
$898,000 0.07%
Mosaic Acquisition Corp
Opened
87,716
$895,000 0.07%
Apple, Inc.
Closed
4,694
$892,000
Pioneer Nat Res Co
Closed
5,850
$891,000
AbbVie, Inc.
Closed
10,750
$866,000
Kbl Merger Corp Iv
Closed
81,700
$849,000
Gs Acquisition Hldgs Corp
Opened
82,888
$840,000 0.07%
Nomura Holdings, Inc.
No change
235,000
$834,000 0.07%
Chesapeake Energy Corp.
Closed
266,799
$827,000
Bristol Myers Squibb Co.
Closed
16,200
$773,000
QUALCOMM, Inc.
Closed
13,274
$757,000
Wealthbridge Acquisition Ltd
Closed
67,760
$665,000
Avaya Hldgs Corp
No change
55,000
$655,000 0.05%
Covetrus Inc
Closed
20,000
$637,000
Turtle Beach Corp.
Closed
55,900
$635,000
Hennessy Cap Acqustion Corp
Opened
63,840
$632,000 0.05%
Entegris, Inc.
Closed
17,000
$607,000
Ascendis Pharma A S
Closed
5,150
$606,000
Advanced Micro Devices, Inc.
No change
18,000
$547,000 0.05%
Allegro Merger Corp
Opened
54,529
$546,000 0.05%
Eldorado Resorts, Inc.
Opened
11,838
$545,000 0.05%
Liberty Broadband Corp.
Opened
5,000
$514,000 0.04%
Robert Half International, Inc.
Opened
9,000
$513,000 0.04%
Turning Pt Brands Inc
Opened
10,424
$511,000 0.04%
Avon Prods Inc
46.19%
130,500
$506,000 0.04%
Qep Res Inc
Opened
69,707
$504,000 0.04%
Schultze Spl Purp Acqustn Co
Opened
50,000
$495,000 0.04%
Aurora Cannabis, Inc.
Opened
62,700
$490,000 0.04%
L3 Technologies Inc
Opened
2,000
$490,000 0.04%
Manulife Finl Corp
Closed
28,611
$484,000
The Boeing Co.
Closed
1,260
$481,000
Suncor Energy, Inc.
Closed
14,192
$460,000
Nio Inc
Opened
175,000
$446,000 0.04%
Enel Americas S A
Opened
50,000
$444,000 0.04%
KemPharm, Inc.
42.99%
250,000
$438,000 0.04%
Ishares Inc
Opened
8,000
$437,000 0.04%
Replay Acquisition Corp.
Opened
44,000
$430,000 0.04%
Capital One Finl Corp
Closed
5,000
$408,000
Nielsen Hldgs Plc
92.96%
17,500
$395,000 0.03%
McDermott International, Inc.
Closed
52,500
$391,000
Fastenal Co.
Closed
6,000
$386,000
Liberty Media Corp Delaware
Closed
9,947
$380,000
Alberton Acquisition Corp
Opened
37,364
$379,000 0.03%
Brighthouse Finl Inc
Closed
10,399
$377,000
Medicines Co
Opened
10,100
$368,000 0.03%
Lowes Cos Inc
Opened
3,500
$353,000 0.03%
Microsoft Corp.
Closed
2,952
$348,000
Onespaworld Holdings Limited
Closed
25,098
$343,000
At Home Group, Inc.
Opened
51,449
$343,000 0.03%
Spdr Series Trust
Closed
3,600
$326,000
Andina Acquisition Corp Iii
Opened
32,104
$318,000 0.03%
Dfb Healthcare Acquistion Co
Closed
31,300
$313,000
Corbus Pharmaceuticals Hldgs
Closed
44,500
$309,000
Alphabet, Inc.
Closed
436
$512,000
Penn Natl Gaming Inc
Closed
14,300
$287,000
Kontoor Brands, Inc.
Opened
10,000
$280,000 0.02%
Tkk Symphony Acquisition Cor
Opened
26,507
$265,000 0.02%
Gigcapital Inc
Opened
31,318,301
$262,000 0.02%
Far Pt Acquisition Corp
68.40%
25,000
$255,000 0.02%
Cf Fin Acquisition Corp
Opened
23,900
$239,000 0.02%
uniQure NV
Closed
4,000
$239,000
Mtech Acquisition Corp
Closed
20,869
$211,000
Leo Holdings Corp.
Closed
20,450
$205,000
Immunomedics, Inc.
Opened
14,611
$203,000 0.02%
Expedia Group, Inc.
Closed
1,694
$202,000
Accelerate Diagnostics, Inc.
Opened
8,600
$197,000 0.02%
Monocle Acquisition Corp
Opened
19,100
$189,000 0.02%
B Riley Principal Merger Cor
Opened
18,800
$183,000 0.02%
YogaWorks, Inc.
46.83%
296,807
$178,000 0.01%
Big Rock Partners Acquisi Co
Closed
16,127
$167,000
Merck & Co., Inc.
Closed
2,000
$166,000
Canntrust Hldgs Inc
Closed
20,000
$155,000
Cisco Sys Inc
68.01%
2,790
$153,000 0.01%
Midsouth Bancorp Inc
Opened
12,900
$153,000 0.01%
Verra Mobility Corp
Closed
12,569
$150,000
Horizon Therapeutics Pub Ltd
Opened
6,000
$144,000 0.01%
Lilly Eli & Co
Closed
1,000
$130,000
Realogy Hldgs Corp
Closed
11,000
$125,000
Antero Res Corp
Closed
14,000
$124,000
Tower Semiconductor Ltd.
Opened
7,500
$118,000 0.01%
Reebonz Hldg Ltd
Opened
29,942
$113,000 0.01%
One Madison Corp
Closed
10,960
$112,000
OrganiGram Holdings Inc.
Opened
15,300
$99,000 0.01%
Nii Hldgs Inc
Opened
50,000
$85,000 0.01%
Chaparral Energy, Inc.
Opened
16,500
$78,000 0.01%
Kla-tencor Corp
Closed
624
$75,000
Stitch Fix, Inc.
Closed
2,250
$64,000
Verizon Communications, Inc.
Opened
1,100
$63,000 0.01%
Insmed, Inc.
Closed
2,000
$58,000
Arqule Inc
Closed
9,500
$46,000
Tocagen, Inc.
Opened
6,500
$43,000 0.00%
Vectoiq Acquisition Corp
0.44%
1,164,699
$37,000 0.00%
Village Farms International, Inc.
Opened
3,100
$35,000 0.00%
Sierra Oncology, Inc.
33.33%
50,000
$28,000 0.00%
Bioscrip Inc
97.55%
10,239
$27,000 0.00%
Globalstar, Inc.
No change
55,000
$26,000 0.00%
Intec Pharma Ltd Jerusalem
Opened
4,525
$20,000 0.00%
Cdn Imperial Bk Comm Toronto
Closed
200
$16,000
Spdr S&p 500 Etf Tr
Opened
30
$9,000 0.00%
No transactions found
Showing first 500 out of 243 holdings