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 |
FDC
First Data Corporation
FDC
|
+$224M |
| 2 |
Baxter International
BAX
|
+$223M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$221M |
| 4 |
Visa
V
|
+$218M |
| 5 |
Citigroup
C
|
+$189M |
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 | |
|---|---|---|---|---|---|---|
351
Coherus Oncology
CHRS
$219M
| $12.5M | 0.06% |
+917,896
| New | +$12.2M |
|
|
SAFM
352
DELISTED
Sanderson Farms Inc
SAFM
| $12.5M | 0.06% |
94,841
+3,341
| +4% | +$400K |
|
353
Encompass Health
EHC
$11.9B
| $12.5M | 0.06% |
268,274
-8,266
| -3% | -$419K |
|
354
Western Alliance Bancorporation
WAL
$8.69B
| $12.4M | 0.06% |
303,300
-144,463
| -32% | -$6.37M |
|
355
Golar LNG
GLNG
$5.31B
| $12.3M | 0.06% |
582,007
-247,394
| -30% | -$5.45M |
|
356
Broadcom
AVGO
$1.75T
| $12.3M | 0.06% |
407,390
-252,610
| -38% | -$6.85M |
|
|
FL
357
DELISTED
Foot Locker
FL
| $12.2M | 0.06% |
+201,906
| New | +$11.8M |
|
|
ARRY
358
CALL
DELISTED
Array Biopharma Inc
ARRY
| $12.2M | 0.06% |
500,000
| – | – |
|
359
Viatris
VTRS
$18.7B
| $12.2M | 0.06% |
428,900
-92,100
| -18% | -$2.69M |
|
360
LendingTree
TREE
$433M
| $12.1M | 0.05% |
+34,360
| New | +$10.4M |
|
361
Aflac
AFL
$58.2B
| $12M | 0.05% |
239,033
+198,433
| +489% | +$9.56M |
|
362
Cenovus Energy
CVE
$60.7B
| $11.9M | 0.05% |
1,364,518
-7,724,023
| -85% | -$64.1M |
|
363
Red Rock Resorts
RRR
$3.61B
| $11.8M | 0.05% |
457,700
-381,027
| -45% | -$9.84M |
|
364
IQVIA
IQV
$42.8B
| $11.6M | 0.05% |
80,891
-1,099,681
| -93% | -$147M |
|
365
ServiceNow
NOW
$133B
| $11.6M | 0.05% |
234,705
+219,205
| +1,414% | +$9.64M |
|
|
NBL
366
DELISTED
Noble Energy, Inc.
NBL
| $11.5M | 0.05% |
+464,200
| New | +$10.5M |
|
|
ONCE
367
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $11.4M | 0.05% |
100,000
+68,382
| +216% | +$5.03M |
|
|
PE
368
DELISTED
PARSLEY ENERGY INC
PE
| $11.4M | 0.05% |
589,822
-2,044,478
| -78% | -$37.5M |
|
369
Invesco Senior Loan ETF
BKLN
$6.8B
| $11.3M | 0.05% |
+500,000
| New | +$11.3M |
|
370
Cooper Companies
COO
$14.9B
| $11.3M | 0.05% |
152,000
+39,200
| +35% | +$2.74M |
|
371
Amphenol
APH
$194B
| $11.2M | 0.05% |
+476,428
| New | +$10.7M |
|
|
Y
372
DELISTED
Alleghany Corp
Y
| $11.2M | 0.05% |
+18,362
| New | +$11.5M |
|
373
Insulet
PODD
$10.3B
| $11.2M | 0.05% |
117,698
+35,354
| +43% | +$3.03M |
|
|
RTN
374
DELISTED
Raytheon Company
RTN
| $10.8M | 0.05% |
+59,200
| New | +$10.3M |
|
375
BHP
BHP
$246B
| $10.7M | 0.05% |
+219,868
| New | +$10M |
|
Similar funds
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 First Data Corporation, cutting an estimated $224M.
- 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.