# COWEN AND COMPANY, LLC

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 48966. Source: https://holderbook.com/funds/48966-cowen-and-company-llc/

- Reported value: $3.0B
- Positions: 564
- Weight of the ten largest: 64.0%
- Filed: 2024-11-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $677.5M | 5,559,626 | 22.8% | 6 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $227.2M | 1,275,333 | 7.7% | 9 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $177.4M | 309,820 | 6.0% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $146.4M | 769,822 | 4.9% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $143.4M | 327,257 | 4.8% | 3 |
| PTC THERAPEUTICS INC | [PTCT](https://holderbook.com/stocks/PTCT/) | $133.2M | 3,590,655 | 4.5% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $122.9M | 523,959 | 4.1% | 10 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $119.8M | 130,399 | 4.0% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $80.7M | 308,553 | 2.7% | 2 |
| TARSUS PHARMACEUTICALS INC | [TARS](https://holderbook.com/stocks/TARS/) | $72.3M | 2,197,385 | 2.4% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $71.9M | 419,077 | 2.4% | 1 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $67.0M | 631,199 | 2.3% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $52.0M | 317,107 | 1.8% | 3 |
| STOKE THERAPEUTICS INC | [STOK](https://holderbook.com/stocks/STOK/) | $39.9M | 3,244,498 | 1.3% | 13 |
| ESTABLISHMENT LABS HLDGS INC | [ESTA](https://holderbook.com/stocks/ESTA/) | $37.6M | 869,948 | 1.3% | 20 |
| NIKOLA CORP | [NKLAQ](https://holderbook.com/stocks/NKLAQ/) | $34.0M | 16,200 | 1.1% | 2 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $30.4M | 1,897,000 | 1.0% | 15 |
| AGRICULTURE & NAT SOL ACQ CO | [ANSC](https://holderbook.com/stocks/ANSC/) | $23.3M | 2,246,381 | 0.8% | 3 |
| UROGEN PHARMA LTD | [URGN](https://holderbook.com/stocks/URGN/) | $22.8M | 1,796,589 | 0.8% | 3 |
| MERCER INTL INC | [MERC](https://holderbook.com/stocks/MERC/) | $22.3M | 3,300,000 | 0.8% | 6 |
| ARES ACQUISITION CORP II | [AACT](https://holderbook.com/stocks/AACT/) | $21.3M | 1,963,091 | 0.7% | 6 |
| ROCKET PHARMACEUTICALS INC | [RCKT](https://holderbook.com/stocks/RCKT/) | $20.3M | 1,100,000 | 0.7% | 14 |
| SUMITOMO MITSUI FIN GRP INC | [SMFG](https://holderbook.com/stocks/SMFG/) | $19.7M | 1,560,230 | 0.7% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $19.5M | 523,644 | 0.7% | 1 |
| STAR HLDGS | [STHO](https://holderbook.com/stocks/STHO/) | $18.3M | 1,324,301 | 0.6% | 4 |
| CHURCHILL CAPITAL CORP IX | [CCIX](https://holderbook.com/stocks/CCIX/) | $18.2M | 1,813,000 | 0.6% | 2 |
| HERTZ GLOBAL HLDGS INC | [HTZWW](https://holderbook.com/stocks/HTZWW/) | $16.5M | 7,516,814 | 0.6% | 4 |
| INFLECTION PT ACQUISITN CRP | [IPXX](https://holderbook.com/stocks/IPXX/) | $15.6M | 1,451,258 | 0.5% | 5 |
| PROTAGONIST THERAPEUTICS INC | [PTGX](https://holderbook.com/stocks/PTGX/) | $15.3M | 340,974 | 0.5% | 3 |
| VOYAGER ACQUISITION CORP | [VACH](https://holderbook.com/stocks/VACH/) | $13.0M | 1,305,806 | 0.4% | 1 |
| AA MISSION ACQUISITION CORP | [AAM](https://holderbook.com/stocks/AAM/) | $12.3M | 1,226,888 | 0.4% | 1 |
| NABORS ENERGY TRANSITION COR | [NETD](https://holderbook.com/stocks/NETD/) | $11.7M | 1,099,034 | 0.4% | 5 |
| EAGLE NUCLEAR ENERGY CORP COM | [SVIIF](https://holderbook.com/stocks/SVIIF/) | $11.3M | 1,006,718 | 0.4% | 3 |
| PYROPHYTE ACQUISITION CORP | [PHYT](https://holderbook.com/stocks/PHYT/) | $11.3M | 975,501 | 0.4% | 6 |
| VINE HILL CAP INVT CORP. | [VCICU](https://holderbook.com/stocks/VCICU/) | $10.5M | 1,051,000 | 0.4% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $10.1M | 16,760 | 0.3% | 3 |
| CHARTER COMMUNICATIONS INC | [CHTR](https://holderbook.com/stocks/CHTR/) | $9.1M | 27,985 | 0.3% | 1 |
| ALCHEMY INVTS ACQUISITN CORP | [ALCYF](https://holderbook.com/stocks/ALCYF/) | $9.0M | 825,013 | 0.3% | 5 |
| CHARGEPOINT HOLDINGS INC | [CHPTXXXX](https://holderbook.com/stocks/CHPTXXXX/) | $8.9M | 2,394,912 | 0.3% | 4 |
| KEEN VISION ACQUISITION CORP | [KVAC](https://holderbook.com/stocks/KVAC/) | $8.6M | 799,000 | 0.3% | 5 |
| GIGCAPITAL7 CORP | [GIGGU](https://holderbook.com/stocks/GIGGU/) | $8.0M | 800,500 | 0.3% | 1 |
| AVANGRID INC | [AGR](https://holderbook.com/stocks/AGR/) | $7.6M | 212,500 | 0.3% | 2 |
| TAKEDA PHARMACEUTICAL CO LTD | [TAK](https://holderbook.com/stocks/TAK/) | $7.5M | 530,600 | 0.3% | 2 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $7.0M | 71,810 | 0.2% | 1 |
| SIM ACQUISITION CORP. I | [SIMA](https://holderbook.com/stocks/SIMA/) | $7.0M | 697,507 | 0.2% | 1 |
| HCM II ACQUISITION CORP | [HONDU](https://holderbook.com/stocks/HONDU/) | $6.5M | 654,017 | 0.2% | 1 |
| MOUNTAIN & CO I ACQUISITN CO | [MCAA](https://holderbook.com/stocks/MCAA/) | $6.5M | 552,590 | 0.2% | 5 |
| ESH ACQUISITION CORP | [ESHA](https://holderbook.com/stocks/ESHA/) | $6.4M | 605,786 | 0.2% | 5 |
| TELEPHONE & DATA SYS INC | [TDS](https://holderbook.com/stocks/TDS/) | $6.3M | 271,509 | 0.2% | 3 |
| ALBERTSONS COMPANIES INC | [ACI](https://holderbook.com/stocks/ACI/) | $6.1M | 331,700 | 0.2% | 3 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $5.9M | 0 | 0.2% | 1 |
| LIBERTY BROADBAND CORP | [LBRDK](https://holderbook.com/stocks/LBRDK/) | $5.9M | 76,351 | 0.2% | 2 |
| SK GROWTH OPPORTUNITIES CORP | [SKGR](https://holderbook.com/stocks/SKGR/) | $5.9M | 517,458 | 0.2% | 7 |
| SIRIUSXM HOLDINGS INC | [SIRI](https://holderbook.com/stocks/SIRI/) | $5.8M | 241,053 | 0.2% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $5.6M | 10,860 | 0.2% | 3 |
| LIBERTY BROADBAND CORP | [LBRDA](https://holderbook.com/stocks/LBRDA/) | $5.5M | 71,491 | 0.2% | 2 |
| FLAG SHIP ACQUISITION CORP | [FSHP](https://holderbook.com/stocks/FSHP/) | $5.4M | 543,055 | 0.2% | 1 |
| HORIZON SPACE ACQUSTN I CORP | [HSPOF](https://holderbook.com/stocks/HSPOF/) | $5.4M | 479,891 | 0.2% | 3 |
| INVESTCORP EUROPE ACQUISITIO | [IVCBF](https://holderbook.com/stocks/IVCBF/) | $5.3M | 452,527 | 0.2% | 3 |
| ISRAEL ACQUISITIONS CORP | [ISRLF](https://holderbook.com/stocks/ISRLF/) | $5.3M | 469,864 | 0.2% | 3 |
| INFINERA CORP | [INFN](https://holderbook.com/stocks/INFN/) | $5.0M | 740,000 | 0.2% | 1 |
| ALPHAVEST ACQUISITION CORP | [ATMV](https://holderbook.com/stocks/ATMV/) | $4.5M | 407,995 | 0.2% | 3 |
| SPARK I ACQUISITION CORP | [SPKL](https://holderbook.com/stocks/SPKL/) | $4.5M | 428,961 | 0.2% | 1 |
| DT CLOUD STAR ACQUISITION CO | [DTSQ](https://holderbook.com/stocks/DTSQ/) | $4.4M | 443,445 | 0.1% | 1 |
| HESS CORP | [HES](https://holderbook.com/stocks/HES/) | $4.4M | 32,335 | 0.1% | 3 |
| CANTOR EQUITY PARTNERS INC | [CEP](https://holderbook.com/stocks/CEP/) | $4.4M | 437,104 | 0.1% | 1 |
| ANDRETTI ACQUISITION CORP II | [POLEU](https://holderbook.com/stocks/POLEU/) | $4.2M | 422,900 | 0.1% | 1 |
| EUREKA ACQUISITION CORP | [EURK](https://holderbook.com/stocks/EURK/) | $4.2M | 415,600 | 0.1% | 1 |
| LATAMGROWTH SPAC | [LATG](https://holderbook.com/stocks/LATG/) | $4.2M | 358,464 | 0.1% | 4 |
| RIGEL RESOURCE ACQ CORP | [RRAC](https://holderbook.com/stocks/RRAC/) | $4.0M | 350,104 | 0.1% | 6 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $3.9M | 157,732 | 0.1% | 7 |
| 2SEVENTY BIO INC | [TSVT](https://holderbook.com/stocks/TSVT/) | $3.8M | 800,000 | 0.1% | 4 |
| METAL SKY STAR ACQUISITION C | [MSSAF](https://holderbook.com/stocks/MSSAF/) | $3.7M | 326,769 | 0.1% | 3 |
| SMITH A O CORP | [AOS](https://holderbook.com/stocks/AOS/) | $3.6M | 40,000 | 0.1% | 1 |
| GLOBAL LIGHTS ACQUISITION CO | [GLACF](https://holderbook.com/stocks/GLACF/) | $3.6M | 341,316 | 0.1% | 4 |
| FINNOVATE ACQUISITION CORP | [FNVTF](https://holderbook.com/stocks/FNVTF/) | $3.6M | 308,973 | 0.1% | 4 |
| COMPASS DIGITAL ACQUISITN CO | [CDAQF](https://holderbook.com/stocks/CDAQF/) | $3.5M | 322,500 | 0.1% | 1 |
| AIMEI HEALTH TECHNOLOGY CO L | [AFJK](https://holderbook.com/stocks/AFJK/) | $3.5M | 330,073 | 0.1% | 3 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $3.4M | 4,500 | 0.1% | 1 |
| COLISEUM ACQUISITION CORP | [MITA](https://holderbook.com/stocks/MITA/) | $3.4M | 300,800 | 0.1% | 2 |
| ANSYS INC | [ANSS](https://holderbook.com/stocks/ANSS/) | $3.2M | 10,000 | 0.1% | 3 |
| CAYSON ACQUISITION CORP | [CAPNU](https://holderbook.com/stocks/CAPNU/) | $3.2M | 317,595 | 0.1% | 1 |
| INNOVIZ TECHNOLOGIES LTD | [INVZ](https://holderbook.com/stocks/INVZ/) | $3.1M | 3,753,135 | 0.1% | 14 |
| THE ODP CORP | [ODP](https://holderbook.com/stocks/ODP/) | $3.0M | 102,261 | 0.1% | 1 |
| CHAIN BRIDGE I | [CBRG](https://holderbook.com/stocks/CBRG/) | $3.0M | 267,248 | 0.1% | 1 |
| CORE SCIENTIFIC INC NEW | [CORZW](https://holderbook.com/stocks/CORZW/) | $2.8M | 416,478 | 0.1% | 2 |
| TARGET GLOBAL ACQUISI I CORP | [TGAAF](https://holderbook.com/stocks/TGAAF/) | $2.8M | 248,070 | 0.1% | 1 |
| EMBRACE CHANGE ACQUISITN COR | [EMCG](https://holderbook.com/stocks/EMCG/) | $2.8M | 240,367 | 0.1% | 4 |
| EXAGEN INC | [XGN](https://holderbook.com/stocks/XGN/) | $2.8M | 891,366 | 0.1% | 19 |
| TRAILBLAZER MERGER CORP I | [TBMC](https://holderbook.com/stocks/TBMC/) | $2.8M | 250,000 | 0.1% | 6 |
| BATTERY FUTURE ACQUISITION C | [BFAC](https://holderbook.com/stocks/BFAC/) | $2.7M | 244,694 | 0.1% | 6 |
| BROOKFIELD WEALTH SOL LTD | [BNT](https://holderbook.com/stocks/BNT/) | $2.7M | 50,885 | 0.1% | 1 |
| BEYOND MEAT INC | [BYND](https://holderbook.com/stocks/BYND/) | $2.7M | 300,000 | 0.1% | 2 |
| ROTH CH ACQUISITION V CO | [ROCL](https://holderbook.com/stocks/ROCL/) | $2.6M | 234,779 | 0.1% | 3 |
| EVERGREEN CORPORATION | [EGRVF](https://holderbook.com/stocks/EGRVF/) | $2.6M | 225,000 | 0.1% | 2 |
| RCF ACQUISITION CORP | [RCFA](https://holderbook.com/stocks/RCFA/) | $2.6M | 227,776 | 0.1% | 3 |
| CRIXUS BH3 ACQUISITION CO | [BHAC](https://holderbook.com/stocks/BHAC/) | $2.6M | 247,399 | 0.1% | 4 |
| CARTICA ACQUISITION CORP | [CRTAF](https://holderbook.com/stocks/CRTAF/) | $2.5M | 216,712 | 0.1% | 2 |
| CLIMATEROCK | [CLRCF](https://holderbook.com/stocks/CLRCF/) | $2.4M | 210,699 | 0.1% | 3 |
| INTEGRATED WELLNESS ACQ CORP | [WELNF](https://holderbook.com/stocks/WELNF/) | $2.4M | 201,654 | 0.1% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2024 | +4.1% | +5.4% | -1.3% | 97% |
| Q2 2024 | +9.5% | +4.0% | +5.5% | 98% |
| Q1 2024 | +31.2% | +10.0% | +21.1% | 96% |
| Q4 2023 | +9.2% | +11.2% | -2.0% | 90% |
| Q3 2023 | -10.6% | -3.6% | -7.1% | 92% |
| Q2 2023 | +1.4% | +8.3% | -6.9% | 91% |
| Q1 2023 | -5.7% | +7.0% | -12.7% | 88% |
| Q4 2022 | +3.8% | +7.1% | -3.3% | 93% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $3.0B | 564 |
| Q2 2024 | $3.6B | 575 |
| Q1 2024 | $2.6B | 633 |
| Q4 2023 | $1.5B | 588 |
| Q3 2023 | $1.4B | 609 |
| Q2 2023 | $1.2B | 582 |
| Q1 2023 | $851.4M | 553 |
| Q4 2022 | $956.4M | 616 |
| Q3 2022 | $1.0B | 654 |
| Q2 2022 | $1.0B | 586 |
| Q1 2022 | $1.0B | 511 |
| Q4 2021 | $1.1B | 526 |