COWEN GROUP INC NEW

CUSIP: 223622101 Class: CMN

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016
Shares 4,350,384 Value ($000) $15,792 Avg Close — Range —
Q2 2016
Shares 3,576,430 Value ($000) $10,586 Avg Close — Range —
Q1 2016
Shares 1,646,764 Value ($000) $6,274 Avg Close — Range —
Q4 2015
Shares 71,375 Value ($000) $273 Avg Close — Range —
Q3 2015
Shares 36,375 Value ($000) $166 Avg Close — Range —
Q2 2015
Shares 36,375 Value ($000) $233 Avg Close — Range —
Q1 2015
Shares 1,710,379 Value ($000) $8,894 Avg Close — Range —
Q4 2014
Shares 3,262,375 Value ($000) $15,659 Avg Close — Range —
Q3 2014
Shares 3,262,375 Value ($000) $12,234 Avg Close — Range —
Q2 2014
Shares 3,262,375 Value ($000) $13,767 Avg Close — Range —
Q1 2014
Shares 3,290,375 Value ($000) $14,511 Avg Close — Range —
Q4 2013
Shares 3,290,375 Value ($000) $12,865 Avg Close — Range —
Q3 2013
Shares 3,290,375 Value ($000) $11,319 Avg Close — Range —
Q2 2013
Shares 3,290,375 Value ($000) $9,509 Avg Close — Range —