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 |
Canadian Natural Resources
CNQ
|
+$203M |
| 2 |
Tyson Foods
TSN
|
+$190M |
| 3 |
VTLE
Vital Energy
VTLE
|
+$119M |
| 4 |
Suncor Energy
SU
|
+$115M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$110M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WLL
Whiting Petroleum Corporation
WLL
|
+$211M |
| 2 |
GE Aerospace
GE
|
+$127M |
| 3 |
BHI
Baker Hughes
BHI
|
+$112M |
| 4 |
Hilton Worldwide
HLT
|
+$109M |
| 5 |
Carter's
CRI
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 20.48% |
| 2 | Consumer Discretionary | 14.47% |
| 3 | Industrials | 11.43% |
| 4 | Healthcare | 9.56% |
| 5 | Technology | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
NetEase
NTES
$82.1B
| – | – |
-423,000
| Closed | -$6.63M |
|
727
News Corp Class B
NWS
$18.7B
| – | – |
-669,200
| Closed | -$11.7M |
|
728
News Corp Class A
NWSA
$16.4B
| – | – |
-1,619,400
| Closed | -$29.1M |
|
729
NXP Semiconductors
NXPI
$56.9B
| – | – |
-73,300
| Closed | -$4.85M |
|
730
O'Reilly Automotive
ORLY
$72.1B
| – | – |
-750,000
| Closed | -$7.53M |
|
731
CALL
Ovintiv
OVV
$18.5B
| – | – |
-2,000
| Closed | -$237K |
|
732
Puma Biotechnology
PBYI
$477M
| – | – |
-327,900
| Closed | -$21.6M |
|
733
PACCAR
PCAR
$69B
| – | – |
-302,700
| Closed | -$12.7M |
|
734
Parker-Hannifin
PH
$126B
| – | – |
-55,000
| Closed | -$6.92M |
|
735
Polaris
PII
$3.66B
| – | – |
-10,800
| Closed | -$1.41M |
|
736
Packaging Corp of America
PKG
$22.5B
| – | – |
-1,384,100
| Closed | -$98.9M |
|
737
Insulet
PODD
$10.3B
| – | – |
-40,000
| Closed | -$1.59M |
|
738
CALL
Invesco QQQ Trust
QQQ
$486B
| – | – |
-7,500
| Closed | -$704K |
|
|
739
Invesco QQQ Trust
QQQ
$486B
| – | – |
-34,000
| Closed | -$3.19M |
|
740
RPC Inc
RES
$1.41B
| – | – |
-460,000
| Closed | -$10.8M |
|
741
RTX Corp
RTX
$283B
| – | – |
-135,065
| Closed | -$9.81M |
|
742
Saia
SAIA
$9.66B
| – | – |
-118,300
| Closed | -$5.2M |
|
743
SAP
SAP
$252B
| – | – |
-77,400
| Closed | -$5.96M |
|
744
SBA Communications
SBAC
$19.4B
| – | – |
-339,200
| Closed | -$34.7M |
|
745
Southern Copper
SCCO
$182B
| – | – |
-594,844
| Closed | -$16.5M |
|
746
Sunstone Hotel Investors
SHO
$2.1B
| – | – |
-100,000
| Closed | -$1.49M |
|
747
Sherwin-Williams
SHW
$84.1B
| – | – |
-45,000
| Closed | -$3.1M |
|
|
SKX
748
DELISTED
Skechers
SKX
| – | – |
-518,700
| Closed | -$7.9M |
|
749
SLB Ltd
SLB
$79.9B
| – | – |
-126,900
| Closed | -$15M |
|
|
750
PUT
SLB Ltd
SLB
$79.9B
| – | – |
-650,000
| Closed | -$76.7M |
|
Similar funds
Steven Cohen's Q3 2014 Portfolio in Review
As of Q3 2014, Steven Cohen held 915 positions worth $13.3B, down 15% from $15.6B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Steven Cohen withdrew a net $1.78B in Q3 2014, closing 286 positions and reducing 221 holdings. Its most notable exit was Packaging Corp of America, an estimated $98.9M position sold in full.
By sector, the portfolio is most concentrated in Energy at 20% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Steven Cohen opened a new position in Vital Energy worth $105M.
- Steven Cohen's largest Q3 2014 buy was Vital Energy: 233,601 shares worth $105M.
- Steven Cohen added most to Canadian Natural Resources in Q3 2014, an estimated $203M increase.
- Steven Cohen's biggest Q3 2014 reduction was Whiting Petroleum Corporation, cutting an estimated $211M.
- Steven Cohen fully exited Packaging Corp of America in Q3 2014, selling an estimated $98.9M.
- Steven Cohen's ten largest holdings make up 19% of its $13.3B portfolio in Q3 2014.
- Steven Cohen opened 219 new positions and closed 286 in Q3 2014.
- Steven Cohen's portfolio value fell 15% quarter-over-quarter to $13.3B.
Based on Point72 Asset Management's 13F filing for Q3 2014, filed 14 Nov 2014.