Cowen Investment Management LLC
Follow13F filer, CIK 1475770, NEW YORK, NY
Cowen Investment Management LLC reported $78,836,221 across 15 holdings for the quarter ended 2023-09-30, in a 13F-HR filed 2023-11-13. Its ten largest share positions make up 99.67% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-23-004321
- Period
- 2023-09-30
- Reported value
- $78.8M
- Holdings
- 15
- Top 10 weight
- 99.67%
- New
- 2
- Sold out
- 33
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| STHOadded | +353,078 | $4.42M |
| LBRDAadded | +20,988 | $1.91M |
| LBRDKadded | +15,000 | $1.37M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| PROTERRA INCexited | -10,574,685 | -$12.7M |
| KENSINGTON CAPITAL ACQUISITIexited | -950,000 | -$10M |
| L CATTERTON ASIA ACQUISITIONexited | -750,000 | -$7.84M |
| LIBERTY MEDIA CORP DELexited | -191,195 | -$6.26M |
| SLAMFexited | -570,000 | -$6.06M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2023
Share positions as resolved from 13F-HR 0001085146-23-004321, largest first. % of portfolio is the value over $78,073,146, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| SMFGSUMITOMO MITSUI FIN GRP INC | 4,152,575 | $40.9M | 52.44% | -299,300 | Timeline | ||
| STHOSTAR HLDGS | 1,012,867 | $12.7M | 16.24% | +353,078 | Timeline | ||
| LYGLLOYDS BANKING GROUP PLC | 4,421,183 | $9.42M | 12.06% | 0 | Timeline | ||
| RTORENTOKIL INITIAL PLC | 143,233 | $5.31M | 6.8% | 0 | Timeline | ||
| KAYNE ANDERSON NEXTGEN ENER…KAYNE ANDERSON NEXTGEN ENERGY | 509,837 | $3.63M | 4.65% | -2,935 | |||
| LBRDALIBERTY BROADBAND CORP | 33,670 | $3.06M | 3.92% | +20,988 | Timeline | ||
| LBRDKLIBERTY BROADBAND CORP | 17,550 | $1.6M | 2.05% | +15,000 | Timeline | ||
| SK GROWTH OPPORTUNITIES CORPSK GROWTH OPPORTUNITIES CORP | 50,000 | $538K | 0.69% | 0 | |||
| NNDMNANO DIMENSION LTD | 160,000 | $435K | 0.56% | 0 | Timeline | ||
| INNOVATE CORPINNOVATE CORP | 125,000 | $202K | 0.26% | 0 | |||
| STEEL CONNECT INCSTEEL CONNECT INC | 18,830 | $198K | 0.25% | -1,900 | |||
| LIBERTY TRIPADVISOR HLDGS INLIBERTY TRIPADVISOR HLDGS IN | 121,493 | $59.4K | 0.08% | -41,481 |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 55,000 | $416K | -97,100 |
| TLTISHARES TR 20 YR TR BD ETF | put | 75,000 | $326K | new |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL COM LBTY SRM S | call | 10,000 | $20.8K | new |
Sold out in Q3 2023
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| PROTERRA INCPROTERRA INC | 10,574,685 | $12.7M | shares |
| KENSINGTON CAPITAL ACQUISITIKENSINGTON CAPITAL ACQUISITI | 950,000 | $10M | shares |
| L CATTERTON ASIA ACQUISITIONL CATTERTON ASIA ACQUISITION | 750,000 | $7.84M | shares |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL | 191,195 | $6.26M | shares |
| SLAMFSLAM CORP CL A (CYM) | 570,000 | $6.06M | shares |
| ARYA SCIENCES ACQUISITN CORPARYA SCIENCES ACQUISITN CORP | 523,000 | $5.42M | shares |
| CARTESIAN GROWTH CORP IICARTESIAN GROWTH CORP II | 500,000 | $5.38M | shares |
| SOCIAL CAP SUVRETTA HLDS CPSOCIAL CAP SUVRETTA HLDS CP | 502,000 | $5.2M | shares |
| ENGENE HOLDINGS INC COMENGENE HOLDINGS INC COM | 442,750 | $4.75M | shares |
| EVCOEVEREST CONSOLIDATOR ACQUISITI | 440,000 | $4.69M | shares |
| FTAC ZEUS ACQUISITION CORFTAC ZEUS ACQUISITION COR | 405,000 | $4.22M | shares |
| PERCEPTION CAPITAL CORP IIIPERCEPTION CAPITAL CORP III | 400,000 | $4.15M | shares |
| JAGUAR GLOBAL GROWTH CORP IJAGUAR GLOBAL GROWTH CORP I | 350,500 | $3.71M | shares |
| SOCIAL CAP SUVRETTA HLDS CRPSOCIAL CAP SUVRETTA HLDS CRP | 272,000 | $2.82M | shares |
| TORTOISEECOFIN ACQUISITION CTORTOISEECOFIN ACQUISITION C | 150,000 | $1.55M | shares |
| Zalatoris II Acquisition Co…Zalatoris II Acquisition Corp | 135,000 | $1.4M | shares |
| GASLOG PARTNERS LPGASLOG PARTNERS LP | 150,000 | $1.29M | shares |
| KNIGHTSWAN ACQUISITION CORPKNIGHTSWAN ACQUISITION CORP | 110,000 | $1.16M | shares |
| AP ACQUISITION CORPAP ACQUISITION CORP | 100,000 | $1.08M | shares |
| AP ACQUISITION CORPAP ACQUISITION CORP | 100,000 | $1.08M | shares |
| HEARTLAND MEDIA ACQUISITIONHEARTLAND MEDIA ACQUISITION | 100,000 | $1.05M | shares |
| COMPASS DIGITAL ACQUISITN COCOMPASS DIGITAL ACQUISITN CO | 100,000 | $1.04M | shares |
| SIRIUS XM HOLDINGS INCSIRIUS XM HOLDINGS INC | 421,400 | $946K | put |
| SSYSSTRATASYS LTD | 49,800 | $884K | shares |
| TORTOISEECOFIN ACQUISITION CTORTOISEECOFIN ACQUISITION C | 80,000 | $830K | shares |
| SPRINGWATER SPL SITUATIONS CSPRINGWATER SPL SITUATIONS C | 68,850 | $712K | shares |
| PROJECT ENERGY REIMAGINED ACPROJECT ENERGY REIMAGINED AC | 60,000 | $622K | shares |
| HEARTLAND MEDIA ACQUISITIONHEARTLAND MEDIA ACQUISITION | 50,000 | $528K | shares |
| FRANCHISE GROUP INCFRANCHISE GROUP INC | 10,000 | $286K | shares |
| AVEPOINT INCAVEPOINT INC | 25,000 | $22.6K | shares |
| DDD3D SYS CORP DEL | 41,400 | $6.21K | put |
| BM TECHNOLOGIES INCBM TECHNOLOGIES INC | 25,000 | $3.75K | shares |
| FATHOM DIGITAL MFG CORPFATHOM DIGITAL MFG CORP | 25,000 | $325 | shares |
How Q3 2023 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001085146-23-004321 | base | 2023-11-13 | acceptance time not in the bulk data set |