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 |
Micron Technology
MU
|
+$225M |
| 2 |
AMRN
Amarin Corp
AMRN
|
+$129M |
| 3 |
CSX Corp
CSX
|
+$127M |
| 4 |
Las Vegas Sands
LVS
|
+$127M |
| 5 |
Equitable Holdings
EQH
|
+$126M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PayPal
PYPL
|
+$242M |
| 2 |
Salesforce
CRM
|
+$163M |
| 3 |
IQVIA
IQV
|
+$145M |
| 4 |
Dell
DELL
|
+$129M |
| 5 |
XLNX
Xilinx Inc
XLNX
|
+$128M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.5% |
| 2 | Healthcare | 17.02% |
| 3 | Consumer Discretionary | 15.13% |
| 4 | Financials | 14.35% |
| 5 | Industrials | 8.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
American Eagle Outfitters
AEO
$2.71B
| $4.34M | 0.04% |
+545,700
| New | +$6.93M |
|
402
Community Health Systems
CYH
$424M
| $4.26M | 0.03% |
1,274,600
+865,000
| +211% | +$3.5M |
|
|
NAV
403
DELISTED
Navistar International
NAV
| $4.23M | 0.03% |
256,713
+250,381
| +3,954% | +$7.31M |
|
|
TRIL
404
DELISTED
Trillium Therapeutics Inc.
TRIL
| $4.17M | 0.03% |
+1,033,094
| New | +$3.91M |
|
405
Scholar Rock
SRRK
$6.88B
| $4.16M | 0.03% |
343,333
+266,869
| +349% | +$3.59M |
|
|
ZUO
406
DELISTED
Zuora, Inc.
ZUO
| $4.13M | 0.03% |
513,546
-262,565
| -34% | -$3.45M |
|
|
CALY
407
CALL
Callaway Golf Company
CALY
$2.84B
| $4.09M | 0.03% |
+400,000
| New | +$6.89M |
|
|
CMBT
408
CMB.TECH NV
CMBT
$5.24B
| $4.08M | 0.03% |
+361,600
| New | +$3.73M |
|
409
Brown & Brown
BRO
$24.4B
| $4.08M | 0.03% |
+112,599
| New | +$4.76M |
|
410
CALL
Verastem
VSTM
$624M
| $3.96M | 0.03% |
+125,000
| New | +$3.13M |
|
|
ERF
411
DELISTED
Enerplus Corporation
ERF
| $3.89M | 0.03% |
2,650,000
+2,589,574
| +4,286% | +$11.4M |
|
|
MDLA
412
DELISTED
Medallia, Inc.
MDLA
| $3.87M | 0.03% |
+193,000
| New | +$5.19M |
|
413
American Financial Group
AFG
$11.9B
| $3.86M | 0.03% |
55,055
-15,648
| -22% | -$1.51M |
|
414
KKR & Co
KKR
$97.4B
| $3.85M | 0.03% |
164,162
-1,669,544
| -91% | -$47.9M |
|
415
Cohen & Steers
CNS
$4.19B
| $3.83M | 0.03% |
+84,190
| New | +$5.33M |
|
416
Gen Digital
GEN
$17.3B
| $3.81M | 0.03% |
203,400
+68,319
| +51% | +$1.48M |
|
417
Alliant Energy
LNT
$17.6B
| $3.8M | 0.03% |
+78,694
| New | +$4.31M |
|
418
Valero Energy
VLO
$100B
| $3.77M | 0.03% |
+83,185
| New | +$6.04M |
|
|
AAMI
419
Acadian Asset Management
AAMI
$3.28B
| $3.76M | 0.03% |
587,798
-91,773
| -14% | -$792K |
|
420
Twilio
TWLO
$34.6B
| $3.71M | 0.03% |
+41,500
| New | +$4.56M |
|
421
SPDR Gold Trust
GLD
$154B
| $3.7M | 0.03% |
+25,000
| New | +$3.72M |
|
422
Omnicell
OMCL
$1.62B
| $3.7M | 0.03% |
56,432
-237,549
| -81% | -$18.9M |
|
423
Chipotle Mexican Grill
CMG
$46.7B
| $3.69M | 0.03% |
282,200
-7,728,800
| -96% | -$122M |
|
424
Invitation Homes
INVH
$17.9B
| $3.68M | 0.03% |
+172,021
| New | +$4.87M |
|
425
The GEO Group
GEO
$4.31B
| $3.65M | 0.03% |
300,086
+298,486
| +18,655% | +$4.56M |
|
Similar funds
Steven Cohen's Q1 2020 Portfolio in Review
As of Q1 2020, Steven Cohen held 1,235 positions worth $12.3B, down 35% from $19B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steven Cohen withdrew a net $2.25B in Q1 2020, closing 490 positions and reducing 201 holdings. Its most notable exit was IQVIA, an estimated $145M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Take-Two Interactive worth $125M.
- Steven Cohen's largest Q1 2020 buy was Take-Two Interactive: 1,054,856 shares worth $125M.
- Steven Cohen added most to Micron Technology in Q1 2020, an estimated $225M increase.
- Steven Cohen's biggest Q1 2020 reduction was PayPal, cutting an estimated $242M.
- Steven Cohen fully exited IQVIA in Q1 2020, selling an estimated $145M.
- Steven Cohen's ten largest holdings make up 16% of its $12.3B portfolio in Q1 2020.
- Steven Cohen opened 318 new positions and closed 490 in Q1 2020.
- Steven Cohen's portfolio value fell 35% quarter-over-quarter to $12.3B.
Based on Point72 Asset Management's 13F filing for Q1 2020, filed 15 May 2020.