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 |
Qualcomm
QCOM
|
+$327M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$179M |
| 3 |
Netflix
NFLX
|
+$173M |
| 4 |
Cigna
CI
|
+$151M |
| 5 |
Spotify
SPOT
|
+$143M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$277M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$234M |
| 3 |
CZR
Caesars Entertainment Corporation
CZR
|
+$220M |
| 4 |
Hilton Worldwide
HLT
|
+$214M |
| 5 |
Amazon
AMZN
|
+$197M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.39% |
| 2 | Energy | 12.65% |
| 3 | Consumer Discretionary | 9.68% |
| 4 | Technology | 9.46% |
| 5 | Communication Services | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Virtu Financial
VIRT
$5.85B
| $5.46M | 0.02% |
+267,000
| New | +$6.08M |
|
577
TE Connectivity
TEL
$58.6B
| $5.46M | 0.02% |
62,076
-97,124
| -61% | -$8.93M |
|
578
Transocean
RIG
$6.44B
| $5.46M | 0.02% |
+391,200
| New | +$4.86M |
|
579
Humana
HUM
$46.4B
| $5.4M | 0.02% |
15,955
-140,645
| -90% | -$45.7M |
|
580
Eli Lilly
LLY
$1.11T
| $5.37M | 0.02% |
50,000
-695,800
| -93% | -$69.6M |
|
581
Magnachip Semiconductor
MX
$116M
| $5.33M | 0.02% |
538,300
+29,300
| +6% | +$322K |
|
582
CALL
Antero Resources
AR
$11.7B
| $5.31M | 0.02% |
+300,000
| New | +$5.81M |
|
583
Xenon Pharmaceuticals
XENE
$5.86B
| $5.28M | 0.02% |
400,000
+321,900
| +412% | +$3.73M |
|
|
INXN
584
DELISTED
Interxion Holding N.V.
INXN
| $5.26M | 0.02% |
78,140
+1,240
| +2% | +$80.4K |
|
585
Roper Technologies
ROP
$41.1B
| $5.25M | 0.02% |
17,720
-139,734
| -89% | -$41.2M |
|
586
Zurn Elkay Water Solutions
ZWS
$8.1B
| $5.23M | 0.02% |
352,297
-213,621
| -38% | -$3.04M |
|
|
ENDP
587
DELISTED
Endo International plc
ENDP
| $5.22M | 0.02% |
+310,000
| New | +$4.4M |
|
|
SRCI
588
DELISTED
SRC Energy Inc
SRCI
| $5.18M | 0.02% |
+582,296
| New | +$5.81M |
|
589
Snap-on
SNA
$20.4B
| $5.16M | 0.02% |
+28,105
| New | +$4.9M |
|
590
Kraft Heinz
KHC
$30.4B
| $5.16M | 0.02% |
+93,600
| New | +$5.59M |
|
591
Ross Stores
ROST
$77.5B
| $5.14M | 0.02% |
51,880
-82,920
| -62% | -$7.62M |
|
592
General Dynamics
GD
$104B
| $5.12M | 0.02% |
+25,000
| New | +$4.89M |
|
593
Boeing
BA
$166B
| $5.07M | 0.02% |
13,634
-27,366
| -67% | -$9.61M |
|
|
HIBB
594
PUT
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5.03M | 0.02% |
267,500
+134,000
| +100% | +$3.03M |
|
595
Surgery Partners
SGRY
$1.83B
| $5.01M | 0.02% |
303,856
+30,762
| +11% | +$491K |
|
596
Advanced Micro Devices
AMD
$746B
| $5.01M | 0.02% |
162,230
-2,941,920
| -95% | -$66.4M |
|
597
Medifast
MED
$134M
| $5.01M | 0.02% |
22,600
-3,600
| -14% | -$730K |
|
598
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $5M | 0.02% |
+130,000
| New | +$5.2M |
|
599
NCR Voyix
VYX
$1.1B
| $4.99M | 0.02% |
+286,065
| New | +$5.09M |
|
600
Cintas
CTAS
$83B
| $4.95M | 0.02% |
100,000
+20,000
| +25% | +$1.03M |
|
Similar funds
Steven Cohen's Q3 2018 Portfolio in Review
As of Q3 2018, Steven Cohen held 1,360 positions worth $24.3B, down 3.2% from $25.1B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Steven Cohen withdrew a net $1.62B in Q3 2018, closing 381 positions and reducing 270 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class A, an estimated $234M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Energy and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Qualcomm worth $358M.
- Steven Cohen's largest Q3 2018 buy was Qualcomm: 4,969,126 shares worth $358M.
- Steven Cohen added most to Pioneer Natural Resource Co. in Q3 2018, an estimated $179M increase.
- Steven Cohen's biggest Q3 2018 reduction was Alphabet (Google) Class A, cutting an estimated $277M.
- Steven Cohen fully exited Twenty-First Century Fox, Inc. Class A in Q3 2018, selling an estimated $234M.
- Steven Cohen's ten largest holdings make up 12% of its $24.3B portfolio in Q3 2018.
- Steven Cohen opened 418 new positions and closed 381 in Q3 2018.
- Steven Cohen's portfolio value fell 3.2% quarter-over-quarter to $24.3B.
Based on Point72 Asset Management's 13F filing for Q3 2018, filed 14 Nov 2018.