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 |
Palantir
PLTR
|
+$284M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$243M |
| 3 |
Eli Lilly
LLY
|
+$204M |
| 4 |
Meta Platforms (Facebook)
META
|
+$191M |
| 5 |
Microsoft
MSFT
|
+$134M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IMMU
Immunomedics Inc
IMMU
|
+$205M |
| 2 |
Merck
MRK
|
+$169M |
| 3 |
Canadian National Railway
CNI
|
+$131M |
| 4 |
NXP Semiconductors
NXPI
|
+$119M |
| 5 |
Fidelity National Information Services
FIS
|
+$119M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 22.77% |
| 2 | Technology | 20.47% |
| 3 | Consumer Discretionary | 13.53% |
| 4 | Financials | 8.97% |
| 5 | Communication Services | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Edwards Lifesciences
EW
$52.2B
| $9.53M | 0.05% |
119,415
-367,269
| -75% | -$28.7M |
|
427
Eversource Energy
ES
$26.8B
| $9.43M | 0.05% |
112,900
-2,391
| -2% | -$205K |
|
428
Bruker
BRKR
$8.68B
| $9.29M | 0.05% |
233,820
+134,920
| +136% | +$5.63M |
|
|
PAYA
429
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $9.29M | 0.05% |
+900,600
| New | +$9.49M |
|
430
e.l.f. Beauty
ELF
$6.25B
| $9.12M | 0.05% |
496,372
+238,473
| +92% | +$4.51M |
|
431
CALL
Dave & Buster's
PLAY
$362M
| $9.1M | 0.05% |
+600,000
| New | +$8.85M |
|
432
Analog Devices
ADI
$181B
| $9.07M | 0.05% |
77,704
-548,075
| -88% | -$64.2M |
|
|
PS
433
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $9.02M | 0.05% |
526,342
-98,642
| -16% | -$1.89M |
|
|
BERY
434
DELISTED
Berry Global Group, Inc.
BERY
| $9.01M | 0.05% |
203,132
-45,663
| -18% | -$2.09M |
|
435
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $8.91M | 0.05% |
+300,000
| New | +$8.9M |
|
436
D.R. Horton
DHI
$41.7B
| $8.85M | 0.05% |
117,000
+5,673
| +5% | +$387K |
|
|
ERF
437
DELISTED
Enerplus Corporation
ERF
| $8.84M | 0.05% |
4,820,900
-2,834,175
| -37% | -$7.09M |
|
|
HARP
438
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $8.77M | 0.04% |
+51,639
| New | +$7.45M |
|
439
Comcast
CMCSA
$95.9B
| $8.75M | 0.04% |
189,150
-688,337
| -78% | -$29.9M |
|
440
Cooper Companies
COO
$14.8B
| $8.73M | 0.04% |
+103,600
| New | +$7.95M |
|
441
PUT
Corcept Therapeutics
CORT
$13.3B
| $8.7M | 0.04% |
+500,000
| New | +$7.97M |
|
442
PUT
iShares National Muni Bond ETF
MUB
$45.6B
| $8.7M | 0.04% |
75,000
| – | – |
|
443
Innovative Industrial Properties
IIPR
$1.57B
| $8.69M | 0.04% |
70,000
-200,419
| -74% | -$22.4M |
|
|
DOCU
444
CALL
DocuSign
DOCU
$11.9B
| $8.61M | 0.04% |
+40,000
| New | +$8.3M |
|
445
Packaging Corp of America
PKG
$22.2B
| $8.61M | 0.04% |
+78,947
| New | +$8.07M |
|
446
United Parcel Service
UPS
$87.4B
| $8.52M | 0.04% |
+51,102
| New | +$7.44M |
|
447
CALL
Cigna
CI
$74.1B
| $8.47M | 0.04% |
+50,000
| New | +$8.8M |
|
448
ConocoPhillips
COP
$160B
| $8.43M | 0.04% |
+256,767
| New | +$9.73M |
|
449
HEICO Corp
HEI
$49.3B
| $8.42M | 0.04% |
+80,488
| New | +$8.32M |
|
450
Clarivate
CLVT
$1.36B
| $8.31M | 0.04% |
268,245
+68,245
| +34% | +$1.85M |
|
Similar funds
Steven Cohen's Q3 2020 Portfolio in Review
As of Q3 2020, Steven Cohen held 1,184 positions worth $19.5B, up 27% from $15.3B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steven Cohen deployed $3.06B of net new capital in Q3 2020, opening 406 new positions and adding to 253 existing holdings. Its largest new stake was Palantir: 29,904,230 shares worth $284M.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, down from 23% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Immunomedics Inc, an estimated $205M trimmed.
- Steven Cohen's largest Q3 2020 buy was Palantir: 29,904,230 shares worth $284M.
- Steven Cohen added most to Alphabet (Google) Class A in Q3 2020, an estimated $243M increase.
- Steven Cohen's biggest Q3 2020 reduction was Immunomedics Inc, cutting an estimated $205M.
- Steven Cohen fully exited Salesforce in Q3 2020, selling an estimated $105M.
- Steven Cohen's ten largest holdings make up 16% of its $19.5B portfolio in Q3 2020.
- Steven Cohen opened 406 new positions and closed 288 in Q3 2020.
- Steven Cohen's portfolio value rose 27% quarter-over-quarter to $19.5B.
Based on Point72 Asset Management's 13F filing for Q3 2020, filed 16 Nov 2020.