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 |
ServiceNow
NOW
|
+$228M |
| 2 |
MGM Resorts International
MGM
|
+$177M |
| 3 |
Global Payments
GPN
|
+$140M |
| 4 |
PepsiCo
PEP
|
+$131M |
| 5 |
Dell
DELL
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$181M |
| 2 |
Meta Platforms (Facebook)
META
|
+$181M |
| 3 |
ConocoPhillips
COP
|
+$168M |
| 4 |
Fidelity National Information Services
FIS
|
+$165M |
| 5 |
HCA Healthcare
HCA
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.13% |
| 2 | Consumer Discretionary | 16.02% |
| 3 | Healthcare | 15.91% |
| 4 | Financials | 12.17% |
| 5 | Industrials | 7.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PBF Energy
PBF
$8.72B
| $19.5M | 0.12% |
718,907
+253,242
| +54% | +$6.47M |
|
227
VF Corp
VFC
$5.65B
| $19.4M | 0.12% |
218,567
+202,293
| +1,243% | +$17.3M |
|
228
Netflix
NFLX
$331B
| $19.4M | 0.12% |
724,190
-1,924,660
| -73% | -$60.2M |
|
229
OGE Energy
OGE
$9.42B
| $19.2M | 0.12% |
422,452
+409,690
| +3,210% | +$17.7M |
|
|
NVRO
230
DELISTED
NEVRO CORP.
NVRO
| $19.1M | 0.12% |
221,954
+73,578
| +50% | +$5.57M |
|
231
EQT Corp
EQT
$33.6B
| $19M | 0.12% |
1,782,636
+1,678,193
| +1,607% | +$21.6M |
|
|
MRO
232
DELISTED
Marathon Oil Corporation
MRO
| $18.9M | 0.12% |
1,543,829
-2,736,266
| -64% | -$35.4M |
|
233
Jones Lang LaSalle
JLL
$17.8B
| $18.9M | 0.12% |
135,627
+47,052
| +53% | +$6.52M |
|
234
AMN Healthcare
AMN
$1.33B
| $18.7M | 0.11% |
325,121
+4,892
| +2% | +$271K |
|
235
Match Group
MTCH
$9.38B
| $18.6M | 0.11% |
260,920
+257,958
| +8,709% | +$20.1M |
|
236
Silicon Motion
SIMO
$8.76B
| $18.6M | 0.11% |
525,784
+517,139
| +5,982% | +$18.7M |
|
237
Regions Financial
RF
$25.9B
| $18.4M | 0.11% |
1,164,200
-353,656
| -23% | -$5.35M |
|
238
Fate Therapeutics
FATE
$279M
| $18.3M | 0.11% |
1,180,089
+586,589
| +99% | +$11.2M |
|
|
EA
239
DELISTED
Electronic Arts
EA
| $18.3M | 0.11% |
+187,115
| New | +$17.6M |
|
240
Teradyne
TER
$58.7B
| $18.2M | 0.11% |
313,710
+311,810
| +16,411% | +$16.5M |
|
241
Lamb Weston
LW
$7.38B
| $17.8M | 0.11% |
244,256
+236,456
| +3,031% | +$16.2M |
|
242
Arthur J. Gallagher & Co
AJG
$67.6B
| $17.7M | 0.11% |
197,653
-23,440
| -11% | -$2.11M |
|
243
Vipshop
VIPS
$6.98B
| $17.7M | 0.11% |
+1,980,415
| New | +$16.2M |
|
244
Alaska Air
ALK
$4.51B
| $17.4M | 0.11% |
267,604
-751,392
| -74% | -$47.3M |
|
245
Microsoft
MSFT
$3.59T
| $17.3M | 0.11% |
124,496
+43,459
| +54% | +$5.98M |
|
|
RDS.A
246
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $17M | 0.1% |
+288,717
| New | +$17.1M |
|
247
Western Digital
WDC
$166B
| $17M | 0.1% |
+376,420
| New | +$16.1M |
|
248
Freeport-McMoran
FCX
$110B
| $16.6M | 0.1% |
1,729,444
+425,453
| +33% | +$4.37M |
|
|
XIFR
249
XPLR Infrastructure LP
XIFR
$1.05B
| $16.5M | 0.1% |
311,816
+8,611
| +3% | +$433K |
|
250
State Street
STT
$51.4B
| $16.4M | 0.1% |
+277,178
| New | +$15.4M |
|
Similar funds
Steven Cohen's Q3 2019 Portfolio in Review
As of Q3 2019, Steven Cohen held 1,636 positions worth $16.3B, down 15% from $19.1B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Steven Cohen withdrew a net $2.29B in Q3 2019, closing 548 positions and reducing 273 holdings. Its most notable exit was Noble Energy, Inc., an estimated $125M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 16% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Steven Cohen opened a new position in MGM Resorts International worth $171M.
- Steven Cohen's largest Q3 2019 buy was MGM Resorts International: 6,175,717 shares worth $171M.
- Steven Cohen added most to ServiceNow in Q3 2019, an estimated $228M increase.
- Steven Cohen's biggest Q3 2019 reduction was Broadcom, cutting an estimated $181M.
- Steven Cohen fully exited Noble Energy, Inc. in Q3 2019, selling an estimated $125M.
- Steven Cohen's ten largest holdings make up 14% of its $16.3B portfolio in Q3 2019.
- Steven Cohen opened 338 new positions and closed 548 in Q3 2019.
- Steven Cohen's portfolio value fell 15% quarter-over-quarter to $16.3B.
Based on Point72 Asset Management's 13F filing for Q3 2019, filed 15 Nov 2019.