Cowen Group

Cowen as of March 31, 2012

Portfolio Holdings for Cowen

Cowen holds 186 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Goodrich Corporation 11.5 $109M 882k 123.70
iShares iBoxx $ High Yid Corp Bond (HYG) 7.7 $73M 808k 90.74
Spdr S&p 500 Etf (SPY) 3.7 $35M 250k 140.81
El Paso Corporation 3.6 $34M 1.2M 29.55
Thomas & Betts Corporation 3.2 $30M 420k 71.91
Vanguard Emerging Markets ETF (VWO) 3.0 $28M 642k 43.49
SPDR S&P MidCap 400 ETF (MDY) 2.7 $26M 144k 180.70
Medco Health Solutions 2.6 $25M 352k 70.30
Petroleo Brasileiro SA (PBR) 2.6 $25M 927k 26.56
Intel Corporation (INTC) 2.4 $23M 926k 24.25
Technology SPDR (XLK) 2.3 $22M 732k 30.16
Progress Energy 2.1 $20M 381k 53.00
Motorola Mobility Holdings 2.0 $19M 478k 39.24
Kinder Morgan (KMI) 1.8 $17M 440k 38.65
iShares FTSE/Xinhua China 25 Index (FXI) 1.8 $17M 457k 36.66
Transocean (RIG) 1.7 $16M 300k 54.72
iShares Russell 1000 Growth Index (IWF) 1.5 $14M 217k 66.08
Cisco Systems (CSCO) 1.5 $14M 770k 18.09
Gilead Sciences (GILD) 1.4 $13M 328k 40.94
Perrigo Company 1.4 $13M 124k 103.31
Tyco International Ltd S hs 1.3 $13M 273k 46.71
Vanguard European ETF (VGK) 1.3 $13M 273k 46.09
Solutia 1.3 $12M 441k 27.96
Exxon Mobil Corporation (XOM) 1.3 $12M 140k 86.72
Novellus Systems 1.2 $12M 230k 49.91
SPDR Barclays Capital Convertible SecETF (CWB) 1.2 $11M 281k 39.86
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 1.1 $11M 95k 112.71
Hewlett-Packard Company 1.1 $11M 447k 23.83
Citigroup (C) 0.9 $8.2M 225k 36.55
Ingersoll-rand Co Ltd-cl A 0.8 $7.7M 187k 41.36
Occidental Petroleum Corporation (OXY) 0.8 $7.6M 80k 95.00
CenturyLink 0.8 $7.6M 197k 38.65
Computer Programs & Systems (CPSI) 0.8 $7.4M 131k 56.52
Freeport-McMoRan Copper & Gold (FCX) 0.8 $7.3M 198k 36.83
ZOLL Medical Corporation 0.7 $7.0M 76k 92.62
Consumer Discretionary SPDR (XLY) 0.7 $6.6M 147k 45.09
Crown Holdings (CCK) 0.6 $5.9M 177k 33.58
Energy Xxi 0.6 $6.0M 166k 36.11
Rockwood Holdings 0.6 $5.3M 134k 39.37
Ford Motor Company (F) 0.5 $5.1M 407k 12.48
Amgen (AMGN) 0.5 $4.7M 73k 64.20
Health Net 0.5 $4.5M 148k 30.42
Broadcom Corporation 0.5 $4.3M 109k 39.29
Nucor Corporation (NUE) 0.4 $4.1M 96k 42.94
Qualcomm (QCOM) 0.4 $4.1M 75k 54.71
Eastman Chemical Company (EMN) 0.4 $3.9M 76k 51.67
FMC Corporation (FMC) 0.4 $3.9M 45k 86.05
Ball Corporation (BALL) 0.4 $3.8M 108k 35.71
iShares MSCI Brazil Index (EWZ) 0.4 $3.9M 60k 64.67
Allergan 0.4 $3.7M 39k 95.49
Delphi Financial 0.4 $3.8M 84k 44.77
PowerShares QQQ Trust, Series 1 0.4 $3.8M 57k 67.56
Aol 0.4 $3.6M 191k 18.97
UnitedHealth (UNH) 0.4 $3.5M 70k 50.69
Scientific Games (LNW) 0.4 $3.5M 297k 11.66
Human Genome Sciences 0.4 $3.5M 470k 7.36
USD.001 Atlas Energy Lp ltd part 0.4 $3.4M 153k 22.23
Google 0.3 $3.3M 5.2k 641.19
Minefinders 0.3 $3.3M 235k 14.00
J.C. Penney Company 0.3 $3.2M 92k 35.43
Financial Select Sector SPDR (XLF) 0.3 $3.2M 200k 15.80
SureWest Communications 0.3 $3.1M 136k 22.55
SIGA Technologies (SIGA) 0.3 $2.9M 864k 3.36
Wyndham Worldwide Corporation 0.3 $2.8M 75k 37.82
Procera Networks 0.3 $2.8M 124k 22.36
Packaging Corporation of America (PKG) 0.3 $2.7M 106k 25.24
JPMorgan Chase & Co. (JPM) 0.3 $2.7M 58k 45.97
Horsehead Holding 0.3 $2.6M 232k 11.39
Energy Transfer Equity (ET) 0.3 $2.7M 66k 40.37
SanDisk Corporation 0.3 $2.6M 51k 50.00
P.F. Chang's China Bistro 0.3 $2.5M 80k 30.90
Mylan 0.2 $2.4M 101k 23.45
General Dynamics Corporation (GD) 0.2 $2.3M 35k 66.40
Neurocrine Biosciences (NBIX) 0.2 $2.4M 280k 8.50
Jaguar Mng 0.2 $2.3M 479k 4.71
Exelon Corporation (EXC) 0.2 $2.2M 50k 43.38
Amylin Pharmaceuticals 0.2 $2.2M 87k 24.93
VirnetX Holding Corporation 0.2 $2.2M 90k 23.93
Provident Energy 0.2 $2.1M 177k 12.10
Credit Suisse Nassau Brh etf 0.2 $2.0M 100k 20.36
Advance America, Cash Advance Centers 0.2 $2.0M 192k 10.49
Apple (AAPL) 0.2 $1.8M 3.0k 599.47
Idenix Pharmaceuticals 0.2 $1.8M 240k 7.45
Ariad Pharmaceuticals 0.2 $1.8M 110k 15.99
Morgan Stanley (MS) 0.2 $1.6M 81k 19.65
Tyson Foods (TSN) 0.2 $1.6M 80k 20.64
Industrial SPDR (XLI) 0.2 $1.6M 44k 37.41
Cowen 0.2 $1.6M 608k 2.71
Home Depot (HD) 0.2 $1.5M 30k 50.36
Eli Lilly & Co. (LLY) 0.2 $1.5M 37k 41.54
SPDR Gold Trust (GLD) 0.2 $1.5M 9.2k 162.13
Oncothyreon 0.2 $1.5M 350k 4.36
Sunoco Logistics Partners 0.1 $1.4M 37k 37.82
U.S. Bancorp (USB) 0.1 $1.4M 50k 27.04
Baxter International (BAX) 0.1 $1.3M 27k 49.48
Barrick Gold Corp (GOLD) 0.1 $1.2M 27k 45.23
W.R. Grace & Co. 0.1 $1.3M 27k 45.90
Georgia Gulf Corporation 0.1 $1.3M 65k 19.49
Sequenom 0.1 $1.2M 298k 4.07
Ada-es 0.1 $1.2M 49k 24.31
iShares MSCI Australia Index Fund (EWA) 0.1 $1.2M 53k 23.51
WisdomTree Dreyfus Emerging Currency (CEW) 0.1 $1.2M 59k 20.94
Barclays Bk Plc ipath dynm vix 0.1 $1.2M 22k 57.87
Halliburton Company (HAL) 0.1 $1.2M 35k 33.17
Magellan Midstream Partners 0.1 $1.1M 15k 72.32
Johnson & Johnson (JNJ) 0.1 $1.0M 16k 65.68
International Business Machines (IBM) 0.1 $1.0M 5.0k 208.60
Illumina (ILMN) 0.1 $1.0M 19k 52.62
Goldman Sachs (GS) 0.1 $970k 7.8k 124.36
Enterprise Products Partners (EPD) 0.1 $978k 19k 50.48
Children's Place Retail Stores (PLCE) 0.1 $982k 19k 51.68
Threshold Pharmaceuticals 0.1 $972k 111k 8.80
Medtronic 0.1 $899k 24k 38.25
Kroger (KR) 0.1 $849k 35k 24.23
Houston American Energy Corporation 0.1 $809k 155k 5.22
Lam Research Corporation (LRCX) 0.1 $859k 23k 37.03
Cobalt Intl Energy 0.1 $858k 29k 30.00
Baker Hughes Incorporated 0.1 $763k 16k 48.57
iShares MSCI Hong Kong Index Fund (EWH) 0.1 $719k 41k 17.45
PNC Financial Services (PNC) 0.1 $646k 11k 57.68
Forest Laboratories 0.1 $641k 19k 34.67
Plains All American Pipeline (PAA) 0.1 $670k 8.5k 78.50
Midas 0.1 $672k 59k 11.49
Lkd Barclays Bk Plc Ipath S&p Etn etf 0.1 $697k 15k 46.25
Neophotonics Corp 0.1 $690k 146k 4.73
Wal-Mart Stores (WMT) 0.1 $558k 9.1k 61.15
Las Vegas Sands (LVS) 0.1 $559k 13k 42.63
Talbots 0.1 $594k 196k 3.03
Theravance 0.1 $530k 24k 22.08
MannKind Corporation 0.1 $587k 235k 2.50
Caesars Entertainment 0.1 $594k 40k 14.75
Owens Corning (OC) 0.1 $488k 17k 28.71
Prestige Brands Holdings (PBH) 0.1 $444k 25k 17.49
PharMerica Corporation 0.1 $439k 35k 12.44
Cypress Semiconductor Corporation 0.1 $469k 30k 15.63
BP Prudhoe Bay Royalty Trust (BPT) 0.1 $438k 3.5k 125.14
Dresser-Rand 0.1 $509k 10k 49.90
iShares Gold Trust 0.1 $509k 31k 16.27
ISTA Pharmaceuticals 0.1 $513k 73k 7.06
Remark Media 0.1 $428k 89k 4.81
HSBC Holdings (HSBC) 0.0 $357k 9.4k 37.98
Adobe Systems Incorporated (ADBE) 0.0 $422k 12k 34.31
Mitsubishi UFJ Financial (MUFG) 0.0 $401k 81k 4.98
Leap Wireless International 0.0 $401k 47k 8.61
Buckeye Partners 0.0 $382k 6.3k 61.12
Tibco Software 0.0 $359k 15k 23.93
Atlas Pipeline Partners 0.0 $333k 9.0k 37.00
Chipotle Mexican Grill (CMG) 0.0 $418k 1.0k 418.00
Sterling Ban 0.0 $395k 41k 9.60
Credit Suisse Nassau Brh vix sht trm ft 0.0 $361k 50k 7.22
Apricus Bioscience 0.0 $353k 125k 2.82
Lightbridge Corporation 0.0 $403k 126k 3.20
Bank of America Corporation (BAC) 0.0 $307k 32k 9.58
Capital One Financial (COF) 0.0 $315k 5.7k 55.75
Computer Sciences Corporation 0.0 $237k 10k 23.70
Walgreen Company 0.0 $248k 7.4k 33.45
EMC Corporation 0.0 $246k 11k 21.58
Chesapeake Energy Corporation 0.0 $249k 11k 22.23
Oracle Corporation (ORCL) 0.0 $302k 12k 25.81
Northwest Pipe Company (NWPX) 0.0 $238k 11k 21.25
Walter Investment Management 0.0 $256k 11k 22.58
AboveNet 0.0 $290k 3.5k 82.86
SPDR KBW Insurance (KIE) 0.0 $242k 5.8k 41.86
iShares S&P SmallCap 600 Index (IJR) 0.0 $245k 3.2k 76.30
iShares MSCI Canada Index (EWC) 0.0 $283k 10k 28.30
Discovery Laboratories 0.0 $266k 99k 2.69
Cleveland BioLabs 0.0 $328k 134k 2.46
D Horizon Pharma 0.0 $310k 83k 3.73
Genworth Financial (GNW) 0.0 $229k 35k 6.54
Charles Schwab Corporation (SCHW) 0.0 $145k 10k 14.34
McKesson Corporation (MCK) 0.0 $200k 2.3k 87.72
Research In Motion 0.0 $166k 11k 14.56
DepoMed 0.0 $233k 45k 5.17
RSC Holdings 0.0 $212k 9.4k 22.58
Optimer Pharmaceuticals 0.0 $231k 17k 13.68
Broadwind Energy 0.0 $164k 348k 0.47
Quantum Fuel Systems Technolog 0.0 $218k 316k 0.69
Synergy Pharmaceuticals Del *w exp 12/06/201 0.0 $148k 98k 1.50
Corning Incorporated (GLW) 0.0 $130k 10k 13.00
Cemex SAB de CV (CX) 0.0 $75k 14k 5.21
Rite Aid Corporation 0.0 $87k 50k 1.74
Savient Pharmaceuticals 0.0 $67k 30k 2.23
iShares MSCI South Korea Index Fund (EWY) 0.0 $99k 1.7k 59.78
iShares Dow Jones US Financial (IYF) 0.0 $96k 1.6k 58.68
Usa Technologies Inc *w exp 12/31/201 0.0 $139k 253k 0.55
iShares Russell Midcap Value Index (IWS) 0.0 $8.0k 160.00 50.00