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 |
Walt Disney
DIS
|
+$254M |
| 2 |
Marvell Technology
MRVL
|
+$248M |
| 3 |
Fidelity National Information Services
FIS
|
+$198M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$176M |
| 5 |
Elevance Health
ELV
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FDC
First Data Corporation
FDC
|
+$224M |
| 2 |
Baxter International
BAX
|
+$223M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$221M |
| 4 |
Visa
V
|
+$218M |
| 5 |
Citigroup
C
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.5% |
| 2 | Healthcare | 13.29% |
| 3 | Consumer Discretionary | 11.89% |
| 4 | Energy | 9.85% |
| 5 | Communication Services | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GPOR
576
DELISTED
Gulfport Energy Corp.
GPOR
| $4.54M | 0.02% |
+565,800
| New | +$4.51M |
|
577
CRH
CRH
$63.5B
| $4.54M | 0.02% |
+146,286
| New | +$4.38M |
|
578
Viper Energy
VNOM
$16.1B
| $4.51M | 0.02% |
+135,895
| New | +$4.35M |
|
|
TCDA
579
DELISTED
Tricida, Inc. Common Stock
TCDA
| $4.49M | 0.02% |
116,360
-183,640
| -61% | -$4.28M |
|
|
AAN.A
580
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $4.48M | 0.02% |
+85,220
| New | +$4.48M |
|
581
New Oriental
EDU
$8.98B
| $4.46M | 0.02% |
+49,474
| New | +$3.73M |
|
|
COUP
582
DELISTED
Coupa Software Incorporated
COUP
| $4.43M | 0.02% |
+48,700
| New | +$4.17M |
|
583
Children's Place
PLCE
$60.7M
| $4.42M | 0.02% |
+45,392
| New | +$4.14M |
|
584
SolarEdge
SEDG
$1.85B
| $4.41M | 0.02% |
+117,100
| New | +$4.68M |
|
|
USCR
585
DELISTED
U S Concrete, Inc.
USCR
| $4.39M | 0.02% |
105,906
+70,987
| +203% | +$2.72M |
|
586
EOG Resources
EOG
$78.5B
| $4.37M | 0.02% |
45,868
+38,073
| +488% | +$3.63M |
|
587
VanEck Oil Services ETF
OIH
$1.94B
| $4.33M | 0.02% |
12,578
-52,422
| -81% | -$17.7M |
|
588
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $4.32M | 0.02% |
+50,000
| New | +$4.25M |
|
|
BRFS
589
DELISTED
BRF SA
BRFS
| $4.29M | 0.02% |
+736,500
| New | +$4.42M |
|
590
Heron Therapeutics
HRTX
$61.8M
| $4.25M | 0.02% |
+173,700
| New | +$4.55M |
|
|
WRK
591
DELISTED
WestRock Company
WRK
| $4.23M | 0.02% |
+110,355
| New | +$4.32M |
|
592
Matador Resources
MTDR
$7.1B
| $4.22M | 0.02% |
218,414
-1,164,833
| -84% | -$21.7M |
|
|
FTCH
593
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $4.16M | 0.02% |
154,600
+25,900
| +20% | +$580K |
|
594
CALL
Targa Resources
TRGP
$62.9B
| $4.16M | 0.02% |
+100,000
| New | +$4.19M |
|
|
PRMW
595
DELISTED
Primo Water Corporation
PRMW
| $4.13M | 0.02% |
282,400
-4,309,800
| -94% | -$64.7M |
|
|
VNTR
596
CALL
DELISTED
Venator Materials PLC
VNTR
| $4.07M | 0.02% |
724,000
-219,100
| -23% | -$1.16M |
|
597
Eaton
ETN
$159B
| $4.04M | 0.02% |
+50,195
| New | +$3.83M |
|
598
Wendy's
WEN
$1.69B
| $4.04M | 0.02% |
225,567
+185,567
| +464% | +$3.16M |
|
599
Applied Materials
AMAT
$387B
| $4.03M | 0.02% |
101,500
-1,375,700
| -93% | -$52.2M |
|
600
Manitowoc
MTW
$717M
| $4.02M | 0.02% |
+244,811
| New | +$4.08M |
|
Similar funds
Steven Cohen's Q1 2019 Portfolio in Review
As of Q1 2019, Steven Cohen held 1,362 positions worth $22B, up 7.6% from $20.5B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Steven Cohen withdrew a net $1.52B in Q1 2019, closing 372 positions and reducing 305 holdings. Its most notable exit was Baxter International, an estimated $223M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 9.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Fidelity National Information Services worth $210M.
- Steven Cohen's largest Q1 2019 buy was Fidelity National Information Services: 1,858,246 shares worth $210M.
- Steven Cohen added most to Walt Disney in Q1 2019, an estimated $254M increase.
- Steven Cohen's biggest Q1 2019 reduction was First Data Corporation, cutting an estimated $224M.
- Steven Cohen fully exited Baxter International in Q1 2019, selling an estimated $223M.
- Steven Cohen's ten largest holdings make up 18% of its $22B portfolio in Q1 2019.
- Steven Cohen opened 440 new positions and closed 372 in Q1 2019.
- Steven Cohen's portfolio value rose 7.6% quarter-over-quarter to $22B.
Based on Point72 Asset Management's 13F filing for Q1 2019, filed 15 May 2019.