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 |
TWX
Time Warner Inc
TWX
|
+$455M |
| 2 |
AABA
Altaba Inc
AABA
|
+$237M |
| 3 |
Amazon
AMZN
|
+$185M |
| 4 |
DuPont de Nemours
DD
|
+$162M |
| 5 |
Danaher
DHR
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$158M |
| 2 |
JD.com
JD
|
+$125M |
| 3 |
Biogen
BIIB
|
+$114M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$110M |
| 5 |
Mastercard
MA
|
+$106M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.5% |
| 2 | Consumer Discretionary | 10.71% |
| 3 | Energy | 9.66% |
| 4 | Communication Services | 8.25% |
| 5 | Industrials | 8.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Boeing
BA
$169B
| $140M | 0.62% |
549,282
+478,982
| +681% | +$112M |
|
27
Capital One
COF
$134B
| $139M | 0.62% |
1,647,291
+1,147,191
| +229% | +$94.6M |
|
28
Vertex Pharmaceuticals
VRTX
$139B
| $138M | 0.62% |
909,230
+898,089
| +8,061% | +$135M |
|
29
PUT
Lamar Advertising Co
LAMR
$15.3B
| $134M | 0.6% |
1,957,200
+1,757,200
| +879% | +$119M |
|
|
APC
30
DELISTED
Anadarko Petroleum
APC
| $126M | 0.56% |
2,571,288
+1,333,774
| +108% | +$58.8M |
|
31
Vulcan Materials
VMC
$35.8B
| $124M | 0.55% |
1,038,752
+558,900
| +116% | +$67.1M |
|
32
RTX Corp
RTX
$283B
| $124M | 0.55% |
1,694,301
+617,684
| +57% | +$45.7M |
|
33
CALL
Meta Platforms (Facebook)
META
$1.4T
| $120M | 0.53% |
+700,000
| New | +$117M |
|
|
NBIS
34
Nebius Group N.V.
NBIS
$59.6B
| $119M | 0.53% |
+3,618,469
| New | +$110M |
|
35
Boyd Gaming
BYD
$5.87B
| $119M | 0.53% |
4,566,570
+1,181,986
| +35% | +$30.6M |
|
36
Broadcom
AVGO
$1.75T
| $118M | 0.53% |
4,855,970
+2,291,940
| +89% | +$56.7M |
|
37
CALL
S&P Global
SPGI
$127B
| $117M | 0.52% |
751,400
+501,400
| +201% | +$76.2M |
|
|
TWTR
38
CALL
DELISTED
Twitter, Inc.
TWTR
| $117M | 0.52% |
6,931,600
+5,146,900
| +288% | +$89.9M |
|
39
Tyson Foods
TSN
$20.6B
| $117M | 0.52% |
1,655,653
+480,404
| +41% | +$30.7M |
|
|
ARRY
40
DELISTED
Array Biopharma Inc
ARRY
| $111M | 0.49% |
9,008,999
+6,602,999
| +274% | +$61.3M |
|
41
Thor Industries
THO
$4.14B
| $110M | 0.49% |
870,766
+23,724
| +3% | +$2.56M |
|
|
PXD
42
DELISTED
Pioneer Natural Resource Co.
PXD
| $109M | 0.49% |
739,763
+709,663
| +2,358% | +$102M |
|
43
Oracle
ORCL
$422B
| $102M | 0.45% |
2,101,386
+1,626,216
| +342% | +$80.9M |
|
|
FDC
44
DELISTED
First Data Corporation
FDC
| $101M | 0.45% |
5,574,786
+5,155,686
| +1,230% | +$94.1M |
|
45
Alcoa
AA
$13.7B
| $99.8M | 0.45% |
+2,139,789
| New | +$85.6M |
|
46
Red Rock Resorts
RRR
$3.61B
| $99.2M | 0.44% |
4,285,300
+1,366,300
| +47% | +$31.6M |
|
|
47
CALL
Amazon
AMZN
$2.79T
| $96.1M | 0.43% |
2,000,000
| – | – |
|
48
CALL
Merck
MRK
$376B
| $96M | 0.43% |
1,572,000
+995,600
| +173% | +$60.4M |
|
49
APA Corp
APA
$15.2B
| $93.6M | 0.42% |
+2,043,588
| New | +$90.1M |
|
50
Southwest Airlines
LUV
$19.8B
| $93.6M | 0.42% |
+1,671,411
| New | +$93.8M |
|
Similar funds
Steven Cohen's Q3 2017 Portfolio in Review
As of Q3 2017, Steven Cohen held 1,174 positions worth $22.4B, up 26% from $17.8B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Steven Cohen deployed $3.46B of net new capital in Q3 2017, opening 365 new positions and adding to 222 existing holdings. Its largest new stake was Nebius Group N.V.: 3,618,469 shares worth $119M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was Visa, an estimated $158M trimmed.
- Steven Cohen's largest Q3 2017 buy was Nebius Group N.V.: 3,618,469 shares worth $119M.
- Steven Cohen added most to Time Warner Inc in Q3 2017, an estimated $455M increase.
- Steven Cohen's biggest Q3 2017 reduction was Visa, cutting an estimated $158M.
- Steven Cohen fully exited Gilead Sciences in Q3 2017, selling an estimated $90.1M.
- Steven Cohen's ten largest holdings make up 19% of its $22.4B portfolio in Q3 2017.
- Steven Cohen opened 365 new positions and closed 328 in Q3 2017.
- Steven Cohen's portfolio value rose 26% quarter-over-quarter to $22.4B.
Based on Point72 Asset Management's 13F filing for Q3 2017, filed 14 Nov 2017.