Steven Cohen Point72 Asset Management
Steven Cohen is the founder of Point72 Asset Management and previously built SAC Capital into one of the industry’s most profitable trading firms. Point72 operates a multi-manager platform combining fundamental long/short equity with systematic and other strategies. Cohen is also a major figure in sports ownership and philanthropy, while remaining one of the most closely followed names in hedge fund trading culture.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$254M |
| 2 |
Marvell Technology
MRVL
|
+$248M |
| 3 |
Fidelity National Information Services
FIS
|
+$198M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$176M |
| 5 |
Elevance Health
ELV
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$443M |
| 2 |
FDC
First Data Corporation
FDC
|
+$224M |
| 3 |
Baxter International
BAX
|
+$223M |
| 4 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$221M |
| 5 |
Visa
V
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.5% |
| 2 | Healthcare | 13.29% |
| 3 | Consumer Discretionary | 11.89% |
| 4 | Energy | 9.85% |
| 5 | Communication Services | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HTO
226
H2O America
HTO
$2.66B
| $22.8M | 0.1% |
368,503
-97,397
| -21% | -$5.84M |
|
227
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $22.6M | 0.1% |
250,000
+50,000
| +25% | +$4.25M |
|
228
Wave Life Sciences
WVE
$1.04B
| $22.6M | 0.1% |
582,311
+92,499
| +19% | +$3.75M |
|
229
Bruker
BRKR
$9.07B
| $22.6M | 0.1% |
587,248
-731,282
| -55% | -$26.4M |
|
|
ATVI
230
DELISTED
Activision Blizzard
ATVI
| $21.9M | 0.1% |
480,700
-75,848
| -14% | -$3.43M |
|
231
T-Mobile US
TMUS
$196B
| $21.8M | 0.1% |
315,668
-1,507,129
| -83% | -$105M |
|
232
AMN Healthcare
AMN
$1.33B
| $21.7M | 0.1% |
+461,352
| New | +$25.6M |
|
233
Graphic Packaging
GPK
$3.54B
| $21.6M | 0.1% |
+1,707,846
| New | +$20.7M |
|
|
XOG
234
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $21.5M | 0.1% |
5,090,800
-1,182,900
| -19% | -$4.95M |
|
235
Twilio
TWLO
$34.6B
| $21.3M | 0.1% |
164,740
+67,540
| +69% | +$7.61M |
|
236
Trex
TREX
$4.77B
| $21.3M | 0.1% |
+691,416
| New | +$24.2M |
|
|
AZPN
237
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $21.3M | 0.1% |
203,900
+16,600
| +9% | +$1.73M |
|
238
Ametek
AME
$54.9B
| $21.1M | 0.1% |
254,400
-627,587
| -71% | -$47.7M |
|
239
Tronox
TROX
$888M
| $20.9M | 0.1% |
1,591,456
+740,556
| +87% | +$7.83M |
|
240
American Electric Power
AEP
$65.8B
| $20.9M | 0.09% |
+249,700
| New | +$19.9M |
|
241
Gentex
GNTX
$4.98B
| $20.8M | 0.09% |
1,005,847
+443,901
| +79% | +$9.28M |
|
242
Myriad Genetics
MYGN
$306M
| $20.7M | 0.09% |
623,113
-313,394
| -33% | -$9.54M |
|
243
Avery Dennison
AVY
$13.9B
| $20.5M | 0.09% |
181,138
-357,401
| -66% | -$36.9M |
|
244
Vertex Pharmaceuticals
VRTX
$139B
| $20.4M | 0.09% |
110,718
+42,518
| +62% | +$7.85M |
|
245
Zillow
Z
$8.07B
| $20.3M | 0.09% |
+583,739
| New | +$20.8M |
|
246
Wynn Resorts
WYNN
$10.3B
| $20.3M | 0.09% |
169,823
-654,095
| -79% | -$78.2M |
|
|
WCG
247
DELISTED
Wellcare Health Plans, Inc.
WCG
| $20.2M | 0.09% |
75,000
-483,493
| -87% | -$125M |
|
248
Conduent
CNDT
$250M
| $20.2M | 0.09% |
1,458,934
-123,940
| -8% | -$1.65M |
|
249
DexCom
DXCM
$34.8B
| $20.1M | 0.09% |
676,328
+418,672
| +162% | +$14.7M |
|
250
Ingersoll Rand
IR
$31.2B
| $20.1M | 0.09% |
+722,385
| New | +$18.2M |
|
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Steven Cohen's Q1 2019 Portfolio in Review
As of Q1 2019, Steven Cohen held 1,362 positions worth $22B, up 7.6% from $20.5B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Steven Cohen withdrew a net $1.52B in Q1 2019, closing 372 positions and reducing 305 holdings. Its most notable exit was Baxter International, an estimated $223M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 9.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Fidelity National Information Services worth $210M.
- Steven Cohen's largest Q1 2019 buy was Fidelity National Information Services: 1,858,246 shares worth $210M.
- Steven Cohen added most to Walt Disney in Q1 2019, an estimated $254M increase.
- Steven Cohen's biggest Q1 2019 reduction was TotalEnergies, cutting an estimated $443M.
- Steven Cohen fully exited Baxter International in Q1 2019, selling an estimated $223M.
- Steven Cohen's ten largest holdings make up 18% of its $22B portfolio in Q1 2019.
- Steven Cohen opened 440 new positions and closed 372 in Q1 2019.
- Steven Cohen's portfolio value rose 7.6% quarter-over-quarter to $22B.
Based on Point72 Asset Management's 13F filing for Q1 2019, filed 15 May 2019.