Cowen Investment Management LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Cowen Investment Management LLC reported 2 stock positions worth $14.0 million . Its top holding was Lloyds Banking Group PLC-ADR (LYG) at 98.6% of the portfolio, followed by Steel Connect (STCN, 1.4% ). Compared with Q2 2024, it sold out of 2. The biggest sale was an exit from Sumitomo Mitsui-Spons ADR (SMFG).
Location NEW YORK, NY
CIK 0001475770
Portfolio Value $14.0M (Q3 2024) Holdings 2 stocks · $14.0M Holdings quarter Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 LYG Lloyds Banking Group PLC-ADR 4,421,183 $13.8M No change STCN Steel Connect Inc. 18,830 $199K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $8.5M (not counted above) Security Class Shares / Principal Value Change HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 3,859,356 $8.5M Reduce -0.5%
Total filed on the 13F, all lines: $22.4M.
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ SMFG Sumitomo Mitsui-Spons ADR Sold out 0.00% −77.94 LBRDK Liberty Broadband-C Sold out 0.00% −0.39
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ None this quarter.
Notes & Other Activity Q2 2024 → Q3 2024 Security Class Change vs Q2 2024 Shares / Principal Value ▼ HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 Reduce -0.5% 3,859,356 $8.5M
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q1 2025 0 $0 Q4 2024 1 $12.0M LYG Q3 2024 2 $14.0M LYG, STCN Q2 2024 4 $56.8M SMFG, LYG, STCN, LBRDK Q1 2024 6 $70.4M SMFG, LYG, STHO, LBRDK, LBRDA