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 |
PayPal
PYPL
|
+$278M |
| 2 |
Fidelity National Information Services
FIS
|
+$161M |
| 3 |
Salesforce
CRM
|
+$160M |
| 4 |
Bread Financial
BFH
|
+$143M |
| 5 |
IQVIA
IQV
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Global Payments
GPN
|
+$247M |
| 2 |
Advanced Micro Devices
AMD
|
+$229M |
| 3 |
ServiceNow
NOW
|
+$213M |
| 4 |
MGM Resorts International
MGM
|
+$150M |
| 5 |
PepsiCo
PEP
|
+$142M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.96% |
| 2 | Healthcare | 15.35% |
| 3 | Consumer Discretionary | 15% |
| 4 | Financials | 11.4% |
| 5 | Industrials | 8.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Popular Inc
BPOP
$10.8B
| $8.83M | 0.05% |
150,305
-430,995
| -74% | -$24.1M |
|
402
Baxter International
BAX
$13.6B
| $8.73M | 0.05% |
104,376
+37,305
| +56% | +$3.09M |
|
403
Dave & Buster's
PLAY
$357M
| $8.71M | 0.05% |
216,821
+90,861
| +72% | +$3.64M |
|
404
DXC Technology
DXC
$1.73B
| $8.58M | 0.05% |
228,184
+37,484
| +20% | +$1.22M |
|
405
Arcosa
ACA
$7.12B
| $8.55M | 0.05% |
192,038
+191,338
| +27,334% | +$7.36M |
|
|
JMIA
406
Jumia Technologies
JMIA
$840M
| $8.52M | 0.04% |
+1,266,578
| New | +$7.98M |
|
|
CTXS
407
DELISTED
Citrix Systems Inc
CTXS
| $8.52M | 0.04% |
76,800
+57,170
| +291% | +$6.15M |
|
408
AtriCure
ATRC
$2.49B
| $8.49M | 0.04% |
261,128
+153,606
| +143% | +$4.37M |
|
409
Olin
OLN
$2.1B
| $8.47M | 0.04% |
+491,226
| New | +$8.79M |
|
410
Repligen
RGEN
$10.2B
| $8.44M | 0.04% |
91,205
-450,469
| -83% | -$37.8M |
|
|
PR
411
Permian Resources
PR
$19.9B
| $8.43M | 0.04% |
1,823,529
-865,282
| -32% | -$3.16M |
|
|
VAR
412
DELISTED
Varian Medical Systems, Inc.
VAR
| $8.15M | 0.04% |
+57,400
| New | +$7.32M |
|
|
AXNX
413
DELISTED
Axonics, Inc. Common Stock
AXNX
| $8.01M | 0.04% |
+289,219
| New | +$6.9M |
|
414
Repay Holdings
RPAY
$332M
| $7.96M | 0.04% |
543,611
-20,130
| -4% | -$281K |
|
415
Generac Holdings
GNRC
$12.2B
| $7.92M | 0.04% |
78,735
+77,635
| +7,058% | +$7.23M |
|
416
Altria Group
MO
$110B
| $7.83M | 0.04% |
156,977
+24,494
| +18% | +$1.16M |
|
417
CSX Corp
CSX
$95.6B
| $7.83M | 0.04% |
324,474
-1,090,893
| -77% | -$25.8M |
|
418
Zumiez
ZUMZ
$308M
| $7.8M | 0.04% |
+225,812
| New | +$7.14M |
|
419
Canadian Pacific Kansas City
CP
$85B
| $7.78M | 0.04% |
152,500
-186,545
| -55% | -$8.75M |
|
420
TC Energy
TRP
$64.6B
| $7.78M | 0.04% |
146,000
+21,000
| +17% | +$1.08M |
|
421
American Financial Group
AFG
$11.9B
| $7.75M | 0.04% |
70,703
+61,719
| +687% | +$6.6M |
|
422
Virtu Financial
VIRT
$6B
| $7.74M | 0.04% |
484,045
+170,378
| +54% | +$2.81M |
|
423
CALL
Methanex
MEOH
$4.65B
| $7.73M | 0.04% |
200,000
-135,200
| -40% | -$5.07M |
|
|
SWAV
424
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $7.71M | 0.04% |
+175,474
| New | +$6.48M |
|
425
Cars.com
CARS
$654M
| $7.67M | 0.04% |
627,751
+620,716
| +8,823% | +$7.24M |
|
Similar funds
Steven Cohen's Q4 2019 Portfolio in Review
As of Q4 2019, Steven Cohen held 1,391 positions worth $19B, up 17% from $16.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Steven Cohen deployed $987M of net new capital in Q4 2019, opening 303 new positions and adding to 335 existing holdings. Its largest new stake was IQVIA: 940,619 shares worth $145M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Global Payments, an estimated $247M trimmed.
- Steven Cohen's largest Q4 2019 buy was IQVIA: 940,619 shares worth $145M.
- Steven Cohen added most to PayPal in Q4 2019, an estimated $278M increase.
- Steven Cohen's biggest Q4 2019 reduction was Global Payments, cutting an estimated $247M.
- Steven Cohen fully exited ServiceNow in Q4 2019, selling an estimated $213M.
- Steven Cohen's ten largest holdings make up 15% of its $19B portfolio in Q4 2019.
- Steven Cohen opened 303 new positions and closed 474 in Q4 2019.
- Steven Cohen's portfolio value rose 17% quarter-over-quarter to $19B.
Based on Point72 Asset Management's 13F filing for Q4 2019, filed 14 Feb 2020.