Cowen Investment Management LLC
Follow13F filer, CIK 1475770, NEW YORK, NY
Cowen Investment Management LLC reported $81,800,890 across 10 holdings for the quarter ended 2023-12-31, in a 13F-HR filed 2024-08-29.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-24-004350
- Period
- 2023-12-31
- Reported value
- $81.8M
- Holdings
- 10
- Top 10 weight
- 100%
- New
- 1
- Sold out
- 6
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| HTZWWnew | +1,463,369 | $8.02M |
| LBRDKadded | +21,237 | $1.71M |
| STHOadded | +71,295 | $1.07M |
| LBRDAadded | +1,700 | $137K |
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 |
|---|---|---|
| RTOexited | -143,233 | -$5.31M |
| KAYNE ANDERSON NEXTGEN ENER…exited | -509,837 | -$3.63M |
| SK GROWTH OPPORTUNITIES CORPexited | -50,000 | -$538K |
| INNOVATE CORPexited | -125,000 | -$202K |
| LIBERTY TRIPADVISOR HLDGS INexited | -121,493 | -$59.4K |
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, Q4 2023
Share positions as resolved from 13F-HR 0001085146-24-004350, largest first. % of portfolio is the value over $81,533,390, 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 | 4,151,575 | $40.2M | 49.29% | -1,000 | Timeline | ||
| STHOSTAR HLDGS | 1,084,162 | $16.2M | 19.92% | +71,295 | Timeline | ||
| LYGLLOYDS BANKING GROUP PLC | 4,421,183 | $10.6M | 12.96% | 0 | Timeline | ||
| HTZWWHERTZ GLOBAL HLDGS INC | 1,463,369 | $8.02M | 9.84% | new | Timeline | ||
| LBRDKLIBERTY BROADBAND CORP | 38,787 | $3.13M | 3.83% | +21,237 | Timeline | ||
| LBRDALIBERTY BROADBAND CORP | 35,370 | $2.85M | 3.5% | +1,700 | Timeline | ||
| NNDMNANO DIMENSION LTD | 150,000 | $360K | 0.44% | -10,000 | Timeline | ||
| STEEL CONNECT INCSTEEL CONNECT INC | 18,830 | $181K | 0.22% | 0 |
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 | 95,000 | $196K | +40,000 |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL COM LBTY SRM S | call | 19,000 | $71.5K | +9,000 |
Sold out in Q4 2023
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| RTORENTOKIL INITIAL PLC | 143,233 | $5.31M | shares |
| KAYNE ANDERSON NEXTGEN ENER…KAYNE ANDERSON NEXTGEN ENERGY | 509,837 | $3.63M | shares |
| SK GROWTH OPPORTUNITIES CORPSK GROWTH OPPORTUNITIES CORP | 50,000 | $538K | shares |
| TLTISHARES TR | 75,000 | $326K | put |
| INNOVATE CORPINNOVATE CORP | 125,000 | $202K | shares |
| LIBERTY TRIPADVISOR HLDGS INLIBERTY TRIPADVISOR HLDGS IN | 121,493 | $59.4K | shares |
How Q4 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 0001085146-24-004350 | base | 2024-08-29 | acceptance time not in the bulk data set |