Steven Cohen Point72 Asset Management

Steven Cohen's Q2 2023 Portfolio in Review

As of Q2 2023, Steven Cohen held 2,962 positions worth $33.6B, up 4.1% from $32.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

Steven Cohen withdrew a net $1.43B in Q2 2023, closing 858 positions and reducing 601 holdings. Its most notable exit was Prometheus Biosciences, Inc. Common Stock, an estimated $157M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 18% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Steven Cohen opened a new position in Micron Technology worth $178M.

• Steven Cohen's largest Q2 2023 buy was Micron Technology: 2,825,000 shares worth $178M.
• Steven Cohen added most to Microsoft in Q2 2023, an estimated $431M increase.
• Steven Cohen's biggest Q2 2023 reduction was Broadcom, cutting an estimated $459M.
• Steven Cohen fully exited Prometheus Biosciences, Inc. Common Stock in Q2 2023, selling an estimated $157M.
• Steven Cohen's ten largest holdings make up 14% of its $33.6B portfolio in Q2 2023.
• Steven Cohen opened 772 new positions and closed 858 in Q2 2023.
• Steven Cohen's portfolio value rose 4.1% quarter-over-quarter to $33.6B.

Based on Point72 Asset Management's 13F filing for Q2 2023, filed 14 Aug 2023.