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 |
Bausch Health
BHC
|
+$263M |
| 2 |
Netflix
NFLX
|
+$179M |
| 3 |
ConocoPhillips
COP
|
+$164M |
| 4 |
Lowe's Companies
LOW
|
+$122M |
| 5 |
Monster Beverage
MNST
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$150M |
| 2 |
Advance Auto Parts
AAP
|
+$136M |
| 3 |
Tapestry
TPR
|
+$108M |
| 4 |
Signet Jewelers
SIG
|
+$104M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$88.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 15.76% |
| 2 | Healthcare | 14.97% |
| 3 | Energy | 12.95% |
| 4 | Industrials | 10.2% |
| 5 | Communication Services | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
IOC
26
DELISTED
Interoil Corporation
IOC
| $81.3M | 0.62% |
2,554,450
-367,071
| -13% | -$10.3M |
|
27
Mohawk Industries
MHK
$9.23B
| $78.9M | 0.61% |
413,300
+122,200
| +42% | +$21.3M |
|
28
Visa
V
$693B
| $78.5M | 0.6% |
1,026,500
+81,100
| +9% | +$5.89M |
|
29
Capri Holdings
CPRI
$1.55B
| $77.5M | 0.59% |
+1,361,300
| New | +$67.2M |
|
30
Amazon
AMZN
$2.79T
| $77.5M | 0.59% |
2,612,000
+2,450,000
| +1,512% | +$69.5M |
|
|
CSRA
31
DELISTED
CSRA Inc.
CSRA
| $74.9M | 0.57% |
2,786,000
-196,000
| -7% | -$5.12M |
|
32
Lumen
LUMN
$6.13B
| $74M | 0.57% |
2,314,600
+1,821,100
| +369% | +$51.1M |
|
33
Carter's
CRI
$1.31B
| $72M | 0.55% |
+683,600
| New | +$65.5M |
|
34
Delek US
DK
$4.38B
| $72M | 0.55% |
4,726,800
+65,200
| +1% | +$1.05M |
|
35
Halliburton
HAL
$29.4B
| $70.7M | 0.54% |
1,979,100
+1,286,300
| +186% | +$42M |
|
|
ACHN
36
DELISTED
Achillion Pharmaceuticals
ACHN
| $70.3M | 0.54% |
9,103,921
+137,313
| +2% | +$1.01M |
|
37
Vertex Pharmaceuticals
VRTX
$139B
| $66.7M | 0.51% |
+838,700
| New | +$75.9M |
|
38
Analog Devices
ADI
$182B
| $63.8M | 0.49% |
+1,078,600
| New | +$57.6M |
|
39
Acadia Pharmaceuticals
ACAD
$5.08B
| $62.1M | 0.48% |
2,222,700
+1,918,900
| +632% | +$41.8M |
|
40
RTX Corp
RTX
$283B
| $61.9M | 0.47% |
982,002
+299,209
| +44% | +$17.4M |
|
41
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $61.6M | 0.47% |
+1,800,000
| New | +$55.8M |
|
|
TSRO
42
DELISTED
TESARO, Inc.
TSRO
| $59.5M | 0.46% |
1,351,785
+384,057
| +40% | +$15.4M |
|
43
Bread Financial
BFH
$4.07B
| $59.2M | 0.45% |
337,182
+300,782
| +826% | +$52.5M |
|
44
Sarepta Therapeutics
SRPT
$1.98B
| $57.8M | 0.44% |
2,962,231
+586,531
| +25% | +$10.2M |
|
45
Zimmer Biomet
ZBH
$19.3B
| $57M | 0.44% |
550,638
+28,325
| +5% | +$2.74M |
|
46
Marathon Petroleum
MPC
$101B
| $55.8M | 0.43% |
1,500,800
-144,400
| -9% | -$5.49M |
|
|
OPLN
47
Openlane
OPLN
$4.08B
| $54.7M | 0.42% |
3,787,571
-915,189
| -19% | -$12.1M |
|
|
LLTC
48
DELISTED
Linear Technology Corp
LLTC
| $54.3M | 0.42% |
+1,219,100
| New | +$51.5M |
|
|
BERY
49
DELISTED
Berry Global Group, Inc.
BERY
| $53.6M | 0.41% |
1,613,462
+842,123
| +109% | +$24.5M |
|
|
SLCA
50
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $53M | 0.41% |
2,334,200
+550,400
| +31% | +$10.2M |
|
Similar funds
Steven Cohen's Q1 2016 Portfolio in Review
As of Q1 2016, Steven Cohen held 967 positions worth $13B, up 7.5% from $12.1B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Steven Cohen deployed $1.19B of net new capital in Q1 2016, opening 302 new positions and adding to 182 existing holdings. Its largest new stake was Netflix: 18,211,000 shares worth $186M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, down from 23% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was Nike, an estimated $150M trimmed.
- Steven Cohen's largest Q1 2016 buy was Netflix: 18,211,000 shares worth $186M.
- Steven Cohen added most to Bausch Health in Q1 2016, an estimated $263M increase.
- Steven Cohen's biggest Q1 2016 reduction was Nike, cutting an estimated $150M.
- Steven Cohen fully exited Applied Materials in Q1 2016, selling an estimated $79.6M.
- Steven Cohen's ten largest holdings make up 20% of its $13B portfolio in Q1 2016.
- Steven Cohen opened 302 new positions and closed 263 in Q1 2016.
- Steven Cohen's portfolio value rose 7.5% quarter-over-quarter to $13B.
Based on Point72 Asset Management's 13F filing for Q1 2016, filed 16 May 2016.