Cowen Investment Management LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

In the world of investment management, keeping track of holdings is vital. Among the many forms that companies are required to file, the 13F holds a special place since it allows investors to get a glimpse into the investment strategies of some of the biggest players. In this article, we'll look at the Q3 2022 vs. Q4 2022 13F holdings comparison for Cowen Investment Management LLC.

Cowen Investment Management LLC is one of the top financial services companies, providing investment banking, research, and asset management services to clients worldwide. As of Q3 2022, Cowen managed $16.5 billion in assets, with a focus on alternative investments, including private equity, real estate, and credit. Cowen caters to a broad range of clients, including corporations, institutional investors, high-net-worth individuals, and families.

In the Q3 2022 13F filing, Cowen held 34,337,912 shares in 139 companies. In contrast, in the Q4 2022 filing, the number of shares decreased to 32,956,081 across 138 companies, representing a decrease of 4%.

Some of the notable increases in Cowen's Q4 2022 13F holdings include:

- Sumitomo Mitsui Finl Group Inc: Cowen increased its holdings by 7.7% with 55,000 shares to hold 6,643,875 shares worth $53.3 million.

- Logistics Innovtn Technlgs C: Cowen increased its holdings by 16.3% with 150,000 shares to hold 1,070,000 shares worth $10.6 million.

- Leo Hldgs Corp II: Cowen increased its holdings by 1266.7% with 975,000 shares to hold 1,025,000 shares worth $10.3 million.

- Ares Acquisition Corporation: Cowen increased its holdings by 407% with 400,000 shares to hold 500,000 shares worth $5.1 million.

Some of the notable decreases in Cowen's Q4 2022 13F holdings include:

- Hertz Global Hldgs Inc: Cowen decreased its holdings by 14.9% with 214,168 shares and holds 1,521,709 shares worth $11.3 million.

- Proterra Inc: Cowen decreased its holdings by 24.3% with 10,829,170 shares and holds 10,574,685 shares worth $39.9 million.

- Liberty Media Corp Del: Cowen decreased its holdings by 34.8% with 28,076 shares and holds 52,400 shares worth $2.7 million.

In conclusion, Cowen Investment Management LLC made some interesting moves in its Q4 2022 13F filings, increasing holdings in some companies while decreasing them in others. This shows that Cowen is continuously monitoring its portfolio and making adjustments where necessary. However, it's important to note that 13F filings only provide a partial view of a company's overall investment strategy. Additionally, past performance is not indicative of future results, and investors should conduct their research before investing in any company.