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 |
Bausch Health
BHC
|
+$263M |
| 2 |
Netflix
NFLX
|
+$179M |
| 3 |
ConocoPhillips
COP
|
+$164M |
| 4 |
Lowe's Companies
LOW
|
+$122M |
| 5 |
Monster Beverage
MNST
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$150M |
| 2 |
Advance Auto Parts
AAP
|
+$136M |
| 3 |
Tapestry
TPR
|
+$108M |
| 4 |
Signet Jewelers
SIG
|
+$104M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$88.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 15.76% |
| 2 | Healthcare | 14.97% |
| 3 | Energy | 12.95% |
| 4 | Industrials | 10.2% |
| 5 | Communication Services | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
CALL
Bunge Global
BG
$21.7B
| – | – |
-100,000
| Closed | -$6.83M |
|
727
Baidu
BIDU
$31.6B
| – | – |
-30,000
| Closed | -$5.11M |
|
728
Bio-Rad Laboratories Class A
BIO
$10.2B
| – | – |
-58,800
| Closed | -$8.15M |
|
729
Bloomin' Brands
BLMN
$996M
| – | – |
-1,225,800
| Closed | -$20.7M |
|
730
CALL
Bristol-Myers Squibb
BMY
$137B
| – | – |
-117,500
| Closed | -$8.08M |
|
|
731
PUT
Bristol-Myers Squibb
BMY
$137B
| – | – |
-117,500
| Closed | -$8.08M |
|
732
BP
BP
$115B
| – | – |
-998,456
| Closed | -$26.3M |
|
733
Popular Inc
BPOP
$10.8B
| – | – |
-26,800
| Closed | -$760K |
|
734
CALL
Boston Scientific
BSX
$73B
| – | – |
-650,000
| Closed | -$12M |
|
735
Avis
CAR
$5.18B
| – | – |
-1,115,300
| Closed | -$40.5M |
|
736
Cameco
CCJ
$44.6B
| – | – |
-1,093,900
| Closed | -$13.5M |
|
737
Carnival Corporation Ltd
CCL
$35.2B
| – | – |
-17,500
| Closed | -$953K |
|
738
Chord Energy
CHRD
$8.09B
| – | – |
-849,000
| Closed | -$6.26M |
|
739
Clearwater Paper
CLW
$351M
| – | – |
-108,700
| Closed | -$4.95M |
|
740
Chipotle Mexican Grill
CMG
$46.7B
| – | – |
-1,250,000
| Closed | -$12M |
|
741
Canadian Natural Resources
CNQ
$106B
| – | – |
-282,770
| Closed | -$3.01M |
|
742
Criteo S.A.
CRTO
$855M
| – | – |
-66,200
| Closed | -$2.62M |
|
743
Caesarstone
CSTE
$122M
| – | – |
-281,200
| Closed | -$12.2M |
|
744
Constellium
CSTM
$3.66B
| – | – |
-1,079,300
| Closed | -$8.31M |
|
745
Commault Systems
CVLT
$5.55B
| – | – |
-34,500
| Closed | -$1.36M |
|
746
PUT
Clearway Energy Class C
CWEN
$6.68B
| – | – |
-75,000
| Closed | -$1.11M |
|
747
Crane NXT
CXT
$2.89B
| – | – |
-509,583
| Closed | -$8.47M |
|
748
CALL
Community Health Systems
CYH
$424M
| – | – |
-181,500
| Closed | -$3.98M |
|
749
Dominion Energy
D
$58.6B
| – | – |
-50,000
| Closed | -$3.38M |
|
750
Deere & Co
DE
$175B
| – | – |
-52,000
| Closed | -$4.07M |
|
Similar funds
Steven Cohen's Q1 2016 Portfolio in Review
As of Q1 2016, Steven Cohen held 967 positions worth $13B, up 7.5% from $12.1B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Steven Cohen deployed $1.19B of net new capital in Q1 2016, opening 302 new positions and adding to 182 existing holdings. Its largest new stake was Netflix: 18,211,000 shares worth $186M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, down from 23% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was Nike, an estimated $150M trimmed.
- Steven Cohen's largest Q1 2016 buy was Netflix: 18,211,000 shares worth $186M.
- Steven Cohen added most to Bausch Health in Q1 2016, an estimated $263M increase.
- Steven Cohen's biggest Q1 2016 reduction was Nike, cutting an estimated $150M.
- Steven Cohen fully exited Applied Materials in Q1 2016, selling an estimated $79.6M.
- Steven Cohen's ten largest holdings make up 20% of its $13B portfolio in Q1 2016.
- Steven Cohen opened 302 new positions and closed 263 in Q1 2016.
- Steven Cohen's portfolio value rose 7.5% quarter-over-quarter to $13B.
Based on Point72 Asset Management's 13F filing for Q1 2016, filed 16 May 2016.