0001085146-12-000364.txt : 20120214 0001085146-12-000364.hdr.sgml : 20120214 20120213211710 ACCESSION NUMBER: 0001085146-12-000364 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120213 EFFECTIVENESS DATE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COWEN GROUP, INC. CENTRAL INDEX KEY: 0001466538 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14571 FILM NUMBER: 12602059 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE, 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-845-7900 MAIL ADDRESS: STREET 1: 599 LEXINGTON AVENUE, 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: LexingtonPark Parent Corp DATE OF NAME CHANGE: 20090617 13F-HR 1 cowen4q2011.txt COWEN GROUP, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Cowen Group, Inc. Address: 599 Lexington Avenue, 2Oth Flr. New York, NY 10022 13F File Number: 028-14571 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Owen Littman Title: General Counsel Phone: 212-201-4841 Signature, Place, and Date of Signing: /s/ Owen Littman New York, NY February 10, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 5 Form 13F Information Table Entry Total: 286 Form 13F Information Table Value Total: $1,308,652 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 01 028-06309 Ramius LLC 02 028-10674 Ramius Advisors, LLC 03 028-14361 Ramius Alternative Solutions LLC 04 028-10501 Cowen Capital LLC 05 028-04125 Cowen and Company LLC FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 99 CENTS ONLY STORES COM 65440K106 97 4400 SH DEFINED 05 4400 0 0 99 CENTS ONLY STORES COM 65440K106 775 35300 SH CALL DEFINED 02 35300 0 0 99 CENTS ONLY STORES COM 65440K106 902 41100 SH PUT DEFINED 02 41100 0 0 99 CENTS ONLY STORES COM 65440K106 1785 81339 SH DEFINED 02 81339 0 0 ADA ES INC COM 005208103 1170 51690 SH DEFINED 02 51690 0 0 ADOBE SYS INC COM 00724F101 401 14200 SH CALL DEFINED 02 14200 0 0 ADVANCED ANALOGIC TECHNOLOGI COM 00752J108 173 30000 SH DEFINED 05 30000 0 0 AFFYMAX INC COM 00826A109 1308 197900 SH PUT DEFINED 05 197900 0 0 AFFYMAX INC COM 00826A109 896 135600 SH DEFINED 05 135600 0 0 AGRIUM INC COM 008916108 1275 19000 SH CALL DEFINED 02 19000 0 0 ALCOA INC COM 013817101 2405 278000 SH CALL DEFINED 02 278000 0 0 AMERICAN DENTAL PARTNERS COM 025353103 1176 62436 SH DEFINED 02 62436 0 0 AMERICAN DENTAL PARTNERS COM 025353103 194 10300 SH DEFINED 05 10300 0 0 AMYLIN PHARMACEUTICALS INC COM 032346108 324 28500 SH DEFINED 05 28500 0 0 AMYLIN PHARMACEUTICALS INC COM 032346108 398 35000 SH PUT DEFINED 05 35000 0 0 ANALOG DEVICES INC COM 032654105 687 19200 SH CALL DEFINED 05 19200 0 0 API TECHNOLOGIES CORP COM NEW 00187E203 80 25179 SH DEFINED 02 25179 0 0 APPLE INC COM 037833100 2159 5332 SH DEFINED 02 5332 0 0 APPLIED MATLS INC COM 038222105 1067 99600 SH CALL DEFINED 02 99600 0 0 ARIAD PHARMACEUTICALS INC COM 04033A100 919 75000 SH DEFINED 02 75000 0 0 ARIAD PHARMACEUTICALS INC COM 04033A100 830 67800 SH CALL DEFINED 05 67800 0 0 ARIAD PHARMACEUTICALS INC COM 04033A100 1470 120000 SH PUT DEFINED 02 120000 0 0 ATLAS ENERGY LP COM UNITS LP 04930A104 5939 244400 SH CALL DEFINED 05 244400 0 0 ATLAS PIPELINE PARTNERS LP UNIT L P INT 049392103 411 11100 SH CALL DEFINED 05 11100 0 0 ATP OIL & GAS CORP COM 00208J108 97 13200 SH CALL DEFINED 05 13200 0 0 AVALONBAY CMNTYS INC COM 053484101 6530 50000 SH PUT DEFINED 02 50000 0 0 AVANIR PHARMACEUTICALS INC CL A NEW 05348P401 37 18250 SH DEFINED 05 18250 0 0 AVANIR PHARMACEUTICALS INC CL A NEW 05348P401 38 19000 SH CALL DEFINED 05 19000 0 0 AVANIR PHARMACEUTICALS INC CL A NEW 05348P401 38 18600 SH PUT DEFINED 05 18600 0 0 BANK OF AMERICA CORPORATION COM 060505104 556 100000 SH PUT DEFINED 02 100000 0 0 BARCLAYS BK PLC IPATH S&P MT ETN 06740C519 2758 45470 SH DEFINED 03 45470 0 0 BIOGEN IDEC INC COM 09062X103 990 9000 SH DEFINED 05 9000 0 0 BIOGEN IDEC INC COM 09062X103 8804 80000 SH PUT DEFINED 05 80000 0 0 BIONOVO INC COM NEW 090643206 116 500000 SH DEFINED 05 500000 0 0 BIONOVO 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214 5050 SH DEFINED 02 5050 0 0 CBOE HLDGS INC COM 12503M108 2370 91664 SH DEFINED 04 91664 0 0 CELGENE CORP COM 151020104 0 1 SH DEFINED 05 1 0 0 CELGENE CORP COM 151020104 3711 54900 SH CALL DEFINED 05 54900 0 0 CELGENE CORP RIGHT 12/31/2011 151020112 0 5 SH DEFINED 05 5 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 78 14400 SH CALL DEFINED 05 14400 0 0 CHIPOTLE MEXICAN GRILL INC COM 169656105 338 1000 SH DEFINED 02 1000 0 0 CISCO SYS INC COM 17275R102 8941 494500 SH DEFINED 05 494500 0 0 CISCO SYS INC COM 17275R102 8823 488000 SH CALL DEFINED 02 488000 0 0 CISCO SYS INC COM 17275R102 2705 149600 SH PUT DEFINED 02 149600 0 0 CISCO SYS INC COM 17275R102 11390 630000 SH PUT DEFINED 05 630000 0 0 CLEVELAND BIOLABS INC COM 185860103 704 246300 SH DEFINED 02 246300 0 0 COACH INC COM 189754104 2442 40000 SH PUT DEFINED 02 40000 0 0 COMPLETE PRODUCTION SERVICES COM 20453E109 833 24811 SH DEFINED 05 24811 0 0 COMPLETE PRODUCTION SERVICES COM 20453E109 2875 85673 SH DEFINED 02 85673 0 0 COMPUTER 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EXELON CORP COM 30161N101 6050 139500 SH CALL DEFINED 05 139500 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 3228 300000 SH PUT DEFINED 02 300000 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 3228 300000 SH CALL DEFINED 02 300000 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 3139 291700 SH DEFINED 02 291700 0 0 FUSION-IO INC COM 36112J107 183 7550 SH DEFINED 05 7550 0 0 FUSION-IO INC COM 36112J107 232 9600 SH PUT DEFINED 05 9600 0 0 GAYLORD ENTMT CO NEW COM 367905106 266 11000 SH DEFINED 05 11000 0 0 GENERAL DYNAMICS CORP COM 369550108 5001 75300 SH CALL DEFINED 05 75300 0 0 GERON CORP COM 374163103 4 3000 SH DEFINED 05 3000 0 0 GERON CORP COM 374163103 41 27500 SH CALL DEFINED 05 27500 0 0 GILEAD SCIENCES INC COM 375558103 5207 127200 SH CALL DEFINED 05 127200 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 1700 18800 SH CALL DEFINED 02 18800 0 0 GOODRICH CORP COM 382388106 120706 975800 SH CALL DEFINED 02 975800 0 0 GOODRICH CORP COM 382388106 18556 150000 SH CALL DEFINED 05 150000 0 0 GOODRICH CORP COM 382388106 3463 28000 SH PUT DEFINED 02 28000 0 0 GOODRICH CORP COM 382388106 18375 148550 SH DEFINED 05 148550 0 0 HEALTH NET INC COM 42222G108 1171 38500 SH PUT DEFINED 05 38500 0 0 HEALTH NET INC COM 42222G108 12 400 SH DEFINED 05 400 0 0 HEALTHSPRING INC COM 42224N101 818 15000 SH PUT DEFINED 05 15000 0 0 HEALTHSPRING INC COM 42224N101 4091 75000 SH CALL DEFINED 05 75000 0 0 HEALTHSPRING INC COM 42224N101 12426 227828 SH DEFINED 02 227828 0 0 HEALTHSPRING INC COM 42224N101 12010 220200 SH CALL DEFINED 02 220200 0 0 HEALTHSPRING INC COM 42224N101 1364 25000 SH DEFINED 05 25000 0 0 HUMAN GENOME SCIENCES INC COM 444903108 3223 436100 SH CALL DEFINED 05 436100 0 0 INTEL CORP COM 458140100 8187 337622 SH DEFINED 05 337622 0 0 INTEL CORP COM 458140100 7304 301200 SH CALL DEFINED 05 301200 0 0 INTEL CORP COM 458140100 48098 1983400 SH PUT DEFINED 05 1983400 0 0 INTERMUNE INC COM 45884X103 315 25000 SH CALL DEFINED 05 25000 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 919 5000 SH 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RUSSELL 2000 464287655 13275 180000 SH PUT DEFINED 02 180000 0 0 ISHARES TR RUSSELL MCP GR 464287481 29 528 SH DEFINED 05 528 0 0 ISHARES TR RUSSELL MCP VL 464287473 7 160 SH DEFINED 05 160 0 0 ISHARES TR RUSSELL1000GRW 464287614 4427 76613 SH DEFINED 03 76613 0 0 ISHARES TR S&P NA NAT RES 464287374 29 773 SH DEFINED 05 773 0 0 JEFFERIES GROUP INC NEW COM 472319102 413 30000 SH PUT DEFINED 02 30000 0 0 JOHNSON & JOHNSON COM 478160104 238 3630 SH DEFINED 02 3630 0 0 JOHNSON & JOHNSON COM 478160104 0 1 SH DEFINED 05 1 0 0 KERYX BIOPHARMACEUTICALS INC COM 492515101 13 5000 SH DEFINED 05 5000 0 0 KERYX BIOPHARMACEUTICALS INC COM 492515101 38 15000 SH PUT DEFINED 05 15000 0 0 LAM RESEARCH CORP COM 512807108 230 6200 SH CALL DEFINED 02 6200 0 0 LAM RESEARCH CORP COM 512807108 2962 80000 SH CALL DEFINED 05 80000 0 0 LAM RESEARCH CORP COM 512807108 206 5561 SH DEFINED 05 5561 0 0 LIGHTBRIDGE CORP COM 53224K104 223 109400 SH DEFINED 02 109400 0 0 LIGHTBRIDGE CORP COM 53224K104 102 50000 SH CALL 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GOLD SHS 78463V107 820 5392 SH DEFINED 05 5392 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 2873 18900 SH CALL DEFINED 05 18900 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 1520 10000 SH PUT DEFINED 05 10000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 148093 1180000 SH PUT DEFINED 02 1180000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 602 4800 SH CALL DEFINED 02 4800 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 25 200 SH DEFINED 05 200 0 0 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 6097 38218 SH DEFINED 03 38218 0 0 SPDR SERIES TRUST BRCLYS CAP CONV 78464A359 329 9100 SH DEFINED 03 9100 0 0 STERLING BANCORP COM 859158107 356 41157 SH DEFINED 02 41157 0 0 SUCCESSFACTORS INC COM 864596101 7459 187080 SH DEFINED 02 187080 0 0 SUCCESSFACTORS INC COM 864596101 1663 41700 SH DEFINED 05 41700 0 0 SUCCESSFACTORS INC COM 864596101 7974 200000 SH CALL DEFINED 02 200000 0 0 SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 1418 36000 SH DEFINED 02 36000 0 0 SYNOVIS LIFE TECHNOLOGIES IN COM 87162G105 1885 67700 SH CALL DEFINED 02 67700 0 0 T3 MOTION INC COM NEW 89853X306 49 106700 SH DEFINED 02 106700 0 0 TEEKAY OFFSHORE PARTNERS L P PARTNERSHIP UN Y8565J101 1035 38900 SH CALL DEFINED 05 38900 0 0 TEKELEC COM 879101103 711 65081 SH DEFINED 02 65081 0 0 TEMPLE INLAND INC COM 879868107 3586 113100 SH DEFINED 02 113100 0 0 TEMPLE INLAND INC COM 879868107 198 6254 SH DEFINED 05 6254 0 0 TEMPLE INLAND INC COM 879868107 12037 379600 SH CALL DEFINED 02 379600 0 0 TEMPLE INLAND INC COM 879868107 793 25000 SH CALL DEFINED 05 25000 0 0 TENNECO INC COM 880349105 927 31100 SH CALL DEFINED 05 31100 0 0 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 2736 67800 SH CALL DEFINED 05 67800 0 0 THRESHOLD PHARMACEUTICAL INC COM NEW 885807206 220 180000 SH DEFINED 05 180000 0 0 THRESHOLD PHARMACEUTICAL INC COM NEW 885807206 159 130000 SH DEFINED 02 130000 0 0 TRANSATLANTIC HLDGS INC COM 893521104 808 14770 SH DEFINED 02 14770 0 0 TRANSATLANTIC HLDGS INC COM 893521104 3618 66100 SH CALL DEFINED 02 66100 0 0 TRANSATLANTIC HLDGS INC COM 893521104 3766 68800 SH CALL DEFINED 05 68800 0 0 TYCO INTERNATIONAL LTD SHS H89128104 1868 40000 SH DEFINED 05 40000 0 0 TYCO INTERNATIONAL LTD SHS H89128104 4671 100000 SH CALL DEFINED 05 100000 0 0 TYCO INTERNATIONAL LTD SHS H89128104 6773 145000 SH PUT DEFINED 05 145000 0 0 TYSON FOODS INC CL A 902494103 4382 212300 SH CALL DEFINED 05 212300 0 0 UNITED RENTALS INC COM 911363109 1389 47000 SH CALL DEFINED 05 47000 0 0 UNITED STATES STL CORP NEW COM 912909108 1191 45000 SH CALL DEFINED 02 45000 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 345 7300 SH DEFINED 05 7300 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 359 7600 SH PUT DEFINED 05 7600 0 0 USA TECHNOLOGIES INC *W EXP 12/31/201 90328S195 26 39400 SH DEFINED 02 39400 0 0 VALE S A ADR 91912E105 2255 105148 SH DEFINED 02 105148 0 0 VALE S A ADR 91912E105 2325 108400 SH PUT DEFINED 02 108400 0 0 VALEANT PHARMACEUTICALS INTL COM 91911K102 2194 47000 SH CALL DEFINED 05 47000 0 0 VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 629 16450 SH DEFINED 02 16450 0 0 VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 6840 178999 SH DEFINED 03 178999 0 0 VANGUARD INTL EQUITY INDEX F MSCI PAC ETF 922042866 54 1131 SH DEFINED 05 1131 0 0 VERTEX PHARMACEUTICALS INC COM 92532F100 2172 65400 SH CALL DEFINED 05 65400 0 0 VIVUS INC COM 928551100 192 19700 SH DEFINED 05 19700 0 0 VIVUS INC COM 928551100 343 35100 SH CALL DEFINED 05 35100 0 0 VIVUS INC COM 928551100 1117 114500 SH PUT DEFINED 05 114500 0 0 WAL MART STORES INC COM 931142103 414 6925 SH DEFINED 02 6925 0 0 WAL MART STORES INC COM 931142103 0 2 SH DEFINED 05 2 0 0 WALGREEN CO COM 931422109 2615 79100 SH PUT DEFINED 05 79100 0 0 WALTER ENERGY INC COM 93317Q105 4614 76200 SH CALL DEFINED 05 76200 0 0 WALTER INVT MGMT CORP COM 93317W102 232 11335 SH DEFINED 02 11335 0 0 WEBMD HEALTH CORP COM 94770V102 263 7000 SH DEFINED 02 7000 0 0 WEBMD HEALTH CORP COM 94770V102 571 15200 SH CALL DEFINED 02 15200 0 0 WINN DIXIE STORES INC COM NEW 974280307 629 67100 SH DEFINED 02 67100 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 416 11000 SH DEFINED 05 11000 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 2943 77800 SH CALL DEFINED 05 77800 0 0 YAHOO INC COM 984332106 10968 680000 SH CALL DEFINED 02 680000 0 0 YAHOO INC COM 984332106 1881 116643 SH DEFINED 02 116643 0 0