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 |
Regeneron Pharmaceuticals
REGN
|
+$195M |
| 2 |
Comcast
CMCSA
|
+$164M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$157M |
| 4 |
AB InBev
BUD
|
+$151M |
| 5 |
FDC
First Data Corporation
FDC
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWX
Time Warner Inc
TWX
|
+$414M |
| 2 |
AABA
Altaba Inc
AABA
|
+$290M |
| 3 |
Sherwin-Williams
SHW
|
+$229M |
| 4 |
Danaher
DHR
|
+$215M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$169M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.63% |
| 2 | Consumer Discretionary | 13.23% |
| 3 | Energy | 9.87% |
| 4 | Communication Services | 8.96% |
| 5 | Industrials | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
McDonald's
MCD
$192B
| $141M | 0.61% |
820,500
+362,048
| +79% | +$60.8M |
|
27
PUT
Invesco QQQ Trust
QQQ
$486B
| $136M | 0.59% |
876,200
+306,200
| +54% | +$46.7M |
|
|
AABA
28
DELISTED
Altaba Inc
AABA
| $136M | 0.59% |
1,953,090
-4,164,246
| -68% | -$290M |
|
|
ANDV
29
DELISTED
Andeavor
ANDV
| $132M | 0.57% |
1,158,600
-763,299
| -40% | -$82.1M |
|
30
Synchrony
SYF
$25.9B
| $132M | 0.57% |
3,416,030
+1,448,330
| +74% | +$49.6M |
|
31
Meta Platforms (Facebook)
META
$1.4T
| $129M | 0.56% |
730,206
-543,791
| -43% | -$96.1M |
|
32
Medtronic
MDT
$119B
| $128M | 0.55% |
+1,589,025
| New | +$127M |
|
|
WPX
33
DELISTED
WPX Energy, Inc.
WPX
| $116M | 0.5% |
8,271,153
-5,987,501
| -42% | -$72.5M |
|
34
General Motors
GM
$77.2B
| $116M | 0.5% |
2,822,716
+2,394,616
| +559% | +$104M |
|
35
Bunge Global
BG
$21.7B
| $115M | 0.5% |
1,714,333
+1,457,738
| +568% | +$99.1M |
|
36
Mohawk Industries
MHK
$9.23B
| $114M | 0.49% |
412,928
+127,045
| +44% | +$34.1M |
|
|
PRMW
37
DELISTED
Primo Water Corporation
PRMW
| $114M | 0.49% |
6,812,760
+2,104,926
| +45% | +$33.8M |
|
38
Boyd Gaming
BYD
$5.87B
| $111M | 0.48% |
3,165,200
-1,401,370
| -31% | -$42.4M |
|
39
Bread Financial
BFH
$4.07B
| $109M | 0.47% |
537,575
+426,594
| +384% | +$79.1M |
|
40
PUT
AT&T
T
$173B
| $109M | 0.47% |
3,700,448
-5,450,908
| -60% | -$149M |
|
41
CarMax
KMX
$8.82B
| $108M | 0.47% |
1,680,086
+873,482
| +108% | +$62.3M |
|
42
Vertex Pharmaceuticals
VRTX
$139B
| $106M | 0.46% |
709,817
-199,413
| -22% | -$29.5M |
|
43
PayPal
PYPL
$52.7B
| $103M | 0.45% |
1,400,178
+882,578
| +171% | +$63.8M |
|
44
CALL
Visa
V
$693B
| $103M | 0.44% |
900,000
+540,000
| +150% | +$59.6M |
|
45
Abbott
ABT
$202B
| $102M | 0.44% |
1,788,535
+894,356
| +100% | +$49.6M |
|
46
CVS Health
CVS
$119B
| $101M | 0.44% |
1,390,989
+1,355,989
| +3,874% | +$98.6M |
|
47
Quanta Services
PWR
$96.1B
| $96.1M | 0.41% |
2,456,149
+1,118,449
| +84% | +$42M |
|
|
ZAYO
48
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $95.7M | 0.41% |
2,600,719
+2,496,619
| +2,398% | +$88.3M |
|
49
PUT
Alibaba
BABA
$286B
| $94.8M | 0.41% |
+550,000
| New | +$98.5M |
|
50
WEX
WEX
$6.81B
| $92.3M | 0.4% |
653,760
+158,500
| +32% | +$19.8M |
|
Similar funds
Steven Cohen's Q4 2017 Portfolio in Review
As of Q4 2017, Steven Cohen held 1,233 positions worth $23.2B, up 3.4% from $22.4B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Steven Cohen's Q4 2017 filing shows 387 new, 243 increased, 233 reduced and 356 closed positions. Its largest new stake was Regeneron Pharmaceuticals: 481,354 shares worth $181M. The largest sale was Time Warner Inc, an estimated $414M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Energy.
- Steven Cohen's largest Q4 2017 buy was Regeneron Pharmaceuticals: 481,354 shares worth $181M.
- Steven Cohen added most to Comcast in Q4 2017, an estimated $164M increase.
- Steven Cohen's biggest Q4 2017 reduction was Time Warner Inc, cutting an estimated $414M.
- Steven Cohen fully exited Sherwin-Williams in Q4 2017, selling an estimated $229M.
- Steven Cohen's ten largest holdings make up 13% of its $23.2B portfolio in Q4 2017.
- Steven Cohen opened 387 new positions and closed 356 in Q4 2017.
- Steven Cohen's portfolio value rose 3.4% quarter-over-quarter to $23.2B.
Based on Point72 Asset Management's 13F filing for Q4 2017, filed 14 Feb 2018.