Cowen Investment Management is an investment fund managing more than $56.8 billion ran by John Holmes. There are currently 4 companies in Mr. Holmes’s portfolio. The largest investments include Sumitomo Mitsui Finl Group I and Lloyds Banking plc, together worth $56.3 billion.
As of 22nd August 2024, Cowen Investment Management’s top holding is 3,301,575 shares of Sumitomo Mitsui Finl Group I currently worth over $44.3 billion and making up 77.9% of the portfolio value.
In addition, the fund holds 4,421,183 shares of Lloyds Banking plc worth $12.1 billion, whose value grew 29.5% in the past six months.
The third-largest holding is Steel Connect Inc worth $242 million and the next is Liberty Broadband Corp worth $219 million, with 4,000 shares owned.
Currently, Cowen Investment Management's portfolio is worth at least $56.8 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.
The Cowen Investment Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, John Holmes serves as the Chief Operating Officer at Cowen Investment Management.
There are companies that Cowen Investment Management is getting rid of from its portfolio.
Cowen Investment Management closed its position in Star Hldgs on 29th August 2024.
It sold the previously owned 826,845 shares for $10.7 billion.
John Holmes also disclosed a decreased stake in Liberty Broadband Corp by 1.0%.
This leaves the value of the investment at $219 million and 4,000 shares.
The two most similar investment funds to Cowen Investment Management are Zazove Associates and Strategic Vision Investment Ltd. They manage $56.8 billion and $56.7 billion respectively.
Cowen Investment Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Finance — making up 21.2% of
the total portfolio value.
The fund focuses on investments in the United Kingdom as
25.0% of the portfolio companies
are based in the United Kingdom.
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
50% of the total holdings value.
On the other hand, small-cap stocks make up 25.0% of the portfolio.
The average market cap of the portfolio companies is close to $16.8 billion.
These positions were updated on August 29th 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 |
|---|---|---|---|
| Sumitomo Mitsui Finl Group I |
No change
3,301,575
|
$44,274,121,000 | 77.94% |
| Lloyds Banking Group plc |
No change
4,421,183
|
$12,069,830,000 | 21.25% |
| Star Hldgs |
Closed
826,845
|
$10,682,837,000 | |
| Liberty Broadband Corp |
Closed
77,370
|
$4,419,374,000 | |
| Steel Connect Inc |
No change
18,830
|
$241,777,000 | 0.43% |
| Liberty Broadband Corp |
95.22%
4,000
|
$219,280,000 | 0.39% |
| No transactions found | |||
| Showing first 500 out of 6 holdings | |||