Cowen Group

Cowen as of Sept. 30, 2012

Portfolio Holdings for Cowen

Cowen holds 198 positions in its portfolio as reported in the September 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 15.6 $133M 920k 145.00
Ariba 5.2 $45M 997k 44.80
Nexen 5.2 $45M 1.8M 25.33
AMERIGROUP Corporation 4.2 $36M 397k 91.35
iShares Russell 2000 Index (IWM) 3.8 $33M 390k 83.44
Medicis Pharmaceutical conv 3.3 $28M 26M 1.08
Coventry Health Care 3.1 $26M 634k 41.69
SPDR S&P MidCap 400 ETF (MDY) 2.7 $23M 136k 171.30
Franco-Nevada Corporation (FNV) 2.0 $17M 295k 58.93
Vanguard Emerging Markets ETF (VWO) 2.0 $17M 429k 39.94
Eli Lilly & Co. (LLY) 1.9 $16M 347k 47.40
iShares MSCI Brazil Index (EWZ) 1.9 $16M 303k 54.06
iShares Russell 1000 Growth Index (IWF) 1.7 $14M 227k 63.23
Medicis Pharmaceutical Corporation 1.6 $14M 314k 43.27
Dollar Thrifty Automotive 1.5 $13M 152k 86.89
Newmont Mining Corporation (NEM) 1.3 $12M 206k 55.73
Suno 1.3 $11M 236k 46.83
International Business Machines (IBM) 1.3 $11M 53k 207.44
Wal-Mart Stores (WMT) 1.2 $11M 145k 73.89
Home Depot (HD) 1.1 $9.3M 155k 60.37
Molson Coors Brewing Company (TAP) 1.1 $9.0M 200k 45.05
VirnetX Holding Corporation 1.0 $8.9M 348k 25.43
Halliburton Company (HAL) 1.0 $8.6M 256k 33.65
Energy Select Sector SPDR (XLE) 0.9 $7.3M 100k 73.44
Oracle Corporation (ORCL) 0.8 $7.1M 225k 31.46
Johnson & Johnson (JNJ) 0.8 $6.9M 101k 68.96
Google 0.8 $6.8M 9.0k 754.48
SPDR Barclays Capital Convertible SecETF (CWB) 0.8 $6.6M 177k 37.56
Cabot Oil & Gas Corporation (CTRA) 0.8 $6.5M 145k 44.90
Petroleo Brasileiro SA (PBR) 0.7 $6.4M 278k 22.93
Cisco Systems (CSCO) 0.7 $6.3M 332k 19.07
Sunrise Senior Living 0.7 $6.3M 442k 14.27
FMC Corporation (FMC) 0.7 $6.2M 112k 55.38
iShares iBoxx $ High Yid Corp Bond (HYG) 0.7 $6.0M 66k 91.29
Perrigo Company 0.7 $5.8M 50k 116.18
Shaw 0.7 $5.7M 131k 43.62
Technology SPDR (XLK) 0.7 $5.7M 198k 28.73
Constellation Brands (STZ) 0.6 $5.2M 160k 32.35
Eastman Chemical Company (EMN) 0.5 $4.6M 80k 57.01
At&t (T) 0.5 $4.5M 119k 37.70
Shire 0.5 $4.4M 50k 88.71
Duke Energy (DUK) 0.5 $4.3M 67k 64.79
Yahoo! 0.5 $4.3M 268k 15.98
Consumer Discretionary SPDR (XLY) 0.5 $4.2M 97k 43.78
Vanguard European ETF (VGK) 0.5 $4.1M 95k 42.83
Bristol Myers Squibb (BMY) 0.5 $3.9M 117k 33.72
Novo Nordisk A/S (NVO) 0.5 $3.9M 25k 157.80
Dresser-Rand 0.5 $4.0M 72k 55.11
Hertz Global Holdings 0.5 $3.9M 283k 13.73
Rockwood Holdings 0.5 $3.8M 82k 46.61
Eaton Corporation 0.4 $3.7M 79k 47.27
Chevron Corporation (CVX) 0.4 $3.7M 32k 116.57
Sanchez Energy Corp C ommon stocks 0.4 $3.7M 180k 20.43
Interpublic Group of Companies (IPG) 0.4 $3.5M 318k 11.12
iShares FTSE/Xinhua China 25 Index (FXI) 0.4 $3.4M 99k 34.60
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.4 $3.3M 29k 114.74
Packaging Corporation of America (PKG) 0.4 $3.2M 89k 36.30
Intel Corporation (INTC) 0.4 $3.2M 141k 22.67
Industrial SPDR (XLI) 0.4 $3.0M 86k 35.68
Omnicare 0.3 $2.9M 85k 33.98
Goldman Sachs (GS) 0.3 $2.8M 25k 113.80
JPMorgan Chase & Co. (JPM) 0.3 $2.8M 70k 40.49
Ball Corporation (BALL) 0.3 $2.9M 68k 42.31
Valeant Pharmaceuticals Int 0.3 $2.7M 49k 55.28
Seabright Holdings 0.3 $2.6M 238k 11.00
Aetna 0.3 $2.6M 66k 39.61
Aol 0.3 $2.4M 69k 35.23
Scientific Games (LNWO) 0.3 $2.5M 297k 8.27
Mylan 0.3 $2.4M 98k 24.36
Green Mountain Coffee Roasters 0.3 $2.4M 100k 23.74
FirstMerit Corporation 0.3 $2.3M 160k 14.71
Vale (VALE) 0.3 $2.2M 125k 17.89
Exelon Corporation (EXC) 0.3 $2.2M 61k 35.83
SIGA Technologies (SIGA) 0.3 $2.2M 689k 3.20
Horsehead Holding 0.2 $2.2M 231k 9.36
Cowen 0.2 $2.1M 787k 2.71
Baxter International (BAX) 0.2 $2.0M 34k 60.00
Freeport-McMoRan Copper & Gold (FCX) 0.2 $2.0M 51k 39.79
Motorola Solutions (MSI) 0.2 $2.1M 41k 50.56
General Growth Properties 0.2 $1.9M 100k 19.48
Walt Disney Company (DIS) 0.2 $1.9M 36k 52.33
Endo Pharmaceuticals 0.2 $1.9M 60k 31.72
Exxon Mobil Corporation (XOM) 0.2 $1.8M 19k 91.33
Kellogg Company (K) 0.2 $1.7M 33k 51.67
Sunoco Logistics Partners 0.2 $1.7M 36k 46.64
Energy Xxi 0.2 $1.6M 46k 34.97
Credit Suisse Nassau Brh etf 0.2 $1.6M 81k 19.75
Caterpillar (CAT) 0.2 $1.5M 18k 86.10
Arena Pharmaceuticals 0.2 $1.5M 181k 8.33
United States Oil Fund 0.2 $1.5M 46k 31.83
Energy Transfer Partners 0.2 $1.4M 34k 42.56
Las Vegas Sands (LVS) 0.2 $1.3M 29k 46.41
Magellan Midstream Partners 0.2 $1.3M 15k 87.43
USD.001 Atlas Energy Lp ltd part 0.2 $1.4M 40k 34.55
Central Fd Cda Ltd cl a 0.1 $1.3M 55k 23.82
American International (AIG) 0.1 $1.3M 39k 32.80
Barrick Gold Corp 0.1 $1.2M 29k 41.80
Anadarko Petroleum Corporation 0.1 $1.2M 17k 69.98
Lkd Barclays Bk Plc Ipath S&p Etn etf 0.1 $1.2M 26k 44.78
Barclays Bk Plc ipath dynm vix 0.1 $1.2M 21k 56.91
Yum! Brands (YUM) 0.1 $1.1M 16k 66.34
Merck & Co (MRK) 0.1 $1.1M 22k 50.00
Ariad Pharmaceuticals 0.1 $1.1M 45k 24.20
Cooper Industries 0.1 $1.0M 14k 75.03
Wells Fargo & Company (WFC) 0.1 $1000k 29k 34.48
Boeing Company (BA) 0.1 $1.0M 15k 69.60
Enterprise Products Partners (EPD) 0.1 $1.0M 19k 53.63
Potash Corp. Of Saskatchewan I 0.1 $918k 21k 43.51
Celgene Corporation 0.1 $963k 13k 76.43
Crown Holdings (CCK) 0.1 $875k 24k 36.76
Pfizer (PFE) 0.1 $863k 35k 25.00
Medtronic 0.1 $862k 20k 43.10
Collective Brands 0.1 $845k 39k 21.72
Abbott Laboratories (ABT) 0.1 $807k 12k 68.57
Staples 0.1 $806k 70k 11.51
Illumina (ILMN) 0.1 $786k 16k 48.22
Plains All American Pipeline (PAA) 0.1 $753k 8.5k 88.22
Oncothyreon 0.1 $769k 150k 5.13
Boston Scientific Corporation (BSX) 0.1 $718k 125k 5.74
MannKind Corporation 0.1 $674k 234k 2.88
Sprott Physical Gold Trust (PHYS) 0.1 $684k 45k 15.20
McDonald's Corporation (MCD) 0.1 $615k 6.7k 91.82
Verizon Communications (VZ) 0.1 $625k 14k 45.62
Spdr Euro Stoxx 50 Etf (FEZ) 0.1 $621k 20k 31.05
Vertex Pharmaceuticals Incorporated (VRTX) 0.1 $519k 9.3k 55.83
ISIS Pharmaceuticals 0.1 $527k 38k 14.05
iShares Gold Trust 0.1 $540k 31k 17.26
iShares Silver Trust (SLV) 0.1 $502k 15k 33.47
Caesars Entertainment 0.1 $547k 80k 6.80
Microsoft Corporation (MSFT) 0.1 $451k 15k 29.87
Morgan Stanley (MS) 0.1 $393k 24k 16.64
WellPoint 0.1 $415k 7.2k 58.05
SPDR Gold Trust (GLD) 0.1 $411k 2.4k 171.97
US Airways 0.1 $429k 41k 10.46
Brightpoint 0.1 $414k 46k 8.97
Flagstone Reinsurance Holdin 0.1 $430k 50k 8.60
Walter Investment Management 0.1 $420k 11k 37.05
Geo 0.1 $412k 15k 27.65
Sterling Ban 0.1 $408k 41k 9.91
Mellanox Technologies 0.1 $406k 4.0k 101.50
Babcock & Wilcox 0.1 $458k 18k 25.44
General Electric Company 0.0 $316k 14k 22.73
Hewlett-Packard Company 0.0 $374k 22k 17.14
Procter & Gamble Company (PG) 0.0 $374k 5.4k 69.26
Walgreen Company 0.0 $383k 11k 36.48
Buckeye Partners 0.0 $300k 6.3k 48.00
Whole Foods Market 0.0 $366k 3.7k 97.60
Chesapeake Energy Corporation 0.0 $355k 19k 18.78
Northwest Pipe Company (NWPX) 0.0 $338k 14k 24.67
Energy Transfer Equity (ET) 0.0 $339k 7.5k 45.20
United States Steel Corporation 0.0 $304k 16k 19.12
Suncor Energy (SU) 0.0 $358k 11k 32.84
Achillion Pharmaceuticals 0.0 $336k 32k 10.40
Kinder Morgan (KMI) 0.0 $355k 10k 35.50
Remark Media 0.0 $326k 167k 1.95
American Express Company (AXP) 0.0 $222k 3.9k 56.92
Quiksilver 0.0 $296k 89k 3.32
Capital One Financial (COF) 0.0 $288k 5.1k 57.03
Deere & Company (DE) 0.0 $229k 2.8k 81.79
Royal Dutch Shell 0.0 $250k 3.5k 71.43
Schlumberger (SLB) 0.0 $252k 3.5k 72.00
Target Corporation (TGT) 0.0 $272k 4.3k 62.73
Mitsubishi UFJ Financial (MUFG) 0.0 $250k 54k 4.66
EMC Corporation 0.0 $292k 11k 27.29
Starbucks Corporation (SBUX) 0.0 $248k 4.9k 50.61
Theravance 0.0 $220k 8.5k 25.88
Seagate Technology Com Stk 0.0 $256k 8.3k 30.84
Sirius XM Radio 0.0 $259k 100k 2.59
Inergy 0.0 $290k 15k 19.02
Dynavax Technologies Corporation 0.0 $270k 68k 4.00
Silver Wheaton Corp 0.0 $248k 6.2k 40.00
Dole Food Company 0.0 $281k 20k 14.05
iShares Dow Jones US Real Estate (IYR) 0.0 $234k 3.6k 64.46
Genon Energy 0.0 $281k 111k 2.53
iShares MSCI Canada Index (EWC) 0.0 $285k 10k 28.50
Procera Networks 0.0 $235k 10k 23.50
D Horizon Pharma 0.0 $245k 70k 3.50
Synergy Pharmaceuticals Del *w exp 12/06/201 0.0 $251k 114k 2.20
Genworth Financial (GNW) 0.0 $183k 35k 5.23
Pulte (PHM) 0.0 $159k 10k 15.59
Research In Motion 0.0 $179k 24k 7.58
Houston American Energy Corporation 0.0 $186k 206k 0.90
MetLife (MET) 0.0 $206k 6.0k 34.33
Cytokinetics 0.0 $129k 156k 0.83
Threshold Pharmaceuticals 0.0 $145k 20k 7.25
Ampio Pharmaceuticals 0.0 $195k 50k 3.90
Rosetta Genomics 0.0 $180k 25k 7.20
Charles Schwab Corporation (SCHW) 0.0 $128k 10k 12.80
Exelixis (EXEL) 0.0 $97k 20k 4.85
Pain Therapeutics 0.0 $68k 13k 5.07
NPS Pharmaceuticals 0.0 $93k 10k 9.30
Credit Suisse Nassau Brh vix sht trm ft 0.0 $116k 77k 1.52
Usa Technologies Inc *w exp 12/31/201 0.0 $123k 307k 0.40
Quantum Fuel Systems Technolog 0.0 $109k 138k 0.79
Delcath Systems 0.0 $0 159k 0.00
SPDR S&P Retail (XRT) 0.0 $28k 452.00 61.95
Financial Select Sector SPDR (XLF) 0.0 $5.0k 323.00 15.48
SPDR S&P Metals and Mining (XME) 0.0 $27k 631.00 42.79