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 | |
|---|---|---|---|---|---|---|
476
UnitedHealth
UNH
$350B
| $2.4M | 0.02% |
9,623
-350,667
| -97% | -$96.5M |
|
477
C.H. Robinson
CHRW
$16.5B
| $2.37M | 0.02% |
+35,851
| New | +$2.58M |
|
478
KeyCorp
KEY
$23.3B
| $2.37M | 0.02% |
+228,200
| New | +$3.8M |
|
479
CALL
United Airlines
UAL
$36.7B
| $2.37M | 0.02% |
+75,000
| New | +$4.96M |
|
480
Hyatt Hotels
H
$17B
| $2.34M | 0.02% |
48,900
-245,700
| -83% | -$18.6M |
|
481
Capitol Federal Financial
CFFN
$1.05B
| $2.3M | 0.02% |
198,475
+127,575
| +180% | +$1.63M |
|
482
Jazz Pharmaceuticals
JAZZ
$16.5B
| $2.26M | 0.02% |
+22,700
| New | +$2.93M |
|
483
Sprouts Farmers Market
SFM
$7.56B
| $2.26M | 0.02% |
121,600
+78,861
| +185% | +$1.32M |
|
484
Columbia Sportswear
COLM
$3.09B
| $2.25M | 0.02% |
+32,200
| New | +$2.73M |
|
485
Cisco
CSCO
$438B
| $2.21M | 0.02% |
+56,300
| New | +$2.47M |
|
486
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $2.21M | 0.02% |
40,500
-31,800
| -44% | -$1.93M |
|
|
SWN
487
DELISTED
Southwestern Energy Company
SWN
| $2.2M | 0.02% |
+1,304,200
| New | +$2.26M |
|
|
VGR
488
DELISTED
Vector Group Ltd.
VGR
| $2.2M | 0.02% |
329,738
+197,903
| +150% | +$1.74M |
|
489
Southern Copper
SCCO
$182B
| $2.2M | 0.02% |
+85,368
| New | +$2.83M |
|
490
Reynolds Consumer Products
REYN
$5.37B
| $2.2M | 0.02% |
+75,300
| New | +$2.17M |
|
491
Realty Income
O
$59.2B
| $2.19M | 0.02% |
45,408
-14,164
| -24% | -$986K |
|
492
Graco
GGG
$13.1B
| $2.16M | 0.02% |
+44,400
| New | +$2.28M |
|
|
FL
493
DELISTED
Foot Locker
FL
| $2.14M | 0.02% |
+96,939
| New | +$3.29M |
|
494
Tempest Therapeutics
TPST
$16.6M
| $2.14M | 0.02% |
2,077
-920
| -31% | -$1.34M |
|
|
CCXI
495
DELISTED
ChemoCentryx, Inc.
CCXI
| $2.13M | 0.02% |
+53,136
| New | +$2.26M |
|
496
Bruker
BRKR
$9.07B
| $2.12M | 0.02% |
59,145
-21,149
| -26% | -$980K |
|
497
The Mosaic Company
MOS
$7.76B
| $2.12M | 0.02% |
+195,700
| New | +$3.32M |
|
498
Dolby
DLB
$6.11B
| $2.1M | 0.02% |
38,680
+28,520
| +281% | +$1.87M |
|
499
Cartesian Therapeutics
RNAC
$304M
| $2.08M | 0.02% |
+28,784
| New | +$2.78M |
|
500
Franco-Nevada
FNV
$51.3B
| $2.08M | 0.02% |
+20,900
| New | +$2.27M |
|
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.