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 |
Alphabet (Google) Class A
GOOGL
|
+$328M |
| 2 |
Meta Platforms (Facebook)
META
|
+$251M |
| 3 |
Bunge Global
BG
|
+$169M |
| 4 |
Comcast
CMCSA
|
+$136M |
| 5 |
Lowe's Companies
LOW
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$306M |
| 2 |
OPLN
Openlane
OPLN
|
+$119M |
| 3 |
ANDV
Andeavor
ANDV
|
+$118M |
| 4 |
Corning
GLW
|
+$118M |
| 5 |
Capri Holdings
CPRI
|
+$96M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 17.31% |
| 2 | Healthcare | 15.78% |
| 3 | Energy | 14.93% |
| 4 | Communication Services | 8.75% |
| 5 | Industrials | 7.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
PUT
Cummins
CMI
$80.9B
| – | – |
-5,000
| Closed | -$562K |
|
727
Centene
CNC
$32.1B
| – | – |
-406,200
| Closed | -$14.5M |
|
728
CONMED
CNMD
$1.53B
| – | – |
-284,800
| Closed | -$13.6M |
|
729
Cencora
COR
$60.7B
| – | – |
-389,600
| Closed | -$30.9M |
|
730
Campbell Soup
CPB
$7.14B
| – | – |
-297,079
| Closed | -$19.8M |
|
731
Copart
CPRT
$31.3B
| – | – |
-72,000
| Closed | -$441K |
|
|
732
Capri Holdings
CPRI
$1.55B
| – | – |
-1,939,400
| Closed | -$96M |
|
733
Salesforce
CRM
$171B
| – | – |
-804,400
| Closed | -$63.9M |
|
|
CVGW
734
DELISTED
Calavo Growers
CVGW
| – | – |
-11,200
| Closed | -$750K |
|
735
Civeo
CVEO
$357M
| – | – |
-16,667
| Closed | -$360K |
|
736
Darling Ingredients
DAR
$10.4B
| – | – |
-1,040,900
| Closed | -$15.5M |
|
737
Dillards
DDS
$9.71B
| – | – |
-201,300
| Closed | -$12.2M |
|
738
CALL
Deere & Co
DE
$175B
| – | – |
-100,000
| Closed | -$8.1M |
|
|
739
Deere & Co
DE
$175B
| – | – |
-66,000
| Closed | -$5.35M |
|
|
740
PUT
Deere & Co
DE
$175B
| – | – |
-100,000
| Closed | -$8.1M |
|
741
Dollar General
DG
$27.2B
| – | – |
-83,200
| Closed | -$7.82M |
|
742
PUT
D.R. Horton
DHI
$41.5B
| – | – |
-10,000
| Closed | -$315K |
|
743
Devon Energy
DVN
$54B
| – | – |
-698,200
| Closed | -$25.3M |
|
744
Dycom Industries
DY
$11.8B
| – | – |
-44,800
| Closed | -$4.02M |
|
745
eBay
EBAY
$46.3B
| – | – |
-56,700
| Closed | -$1.33M |
|
746
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| – | – |
-195,000
| Closed | -$6.7M |
|
747
CALL
iShares MSCI EAFE ETF
EFA
$80B
| – | – |
-161,000
| Closed | -$8.99M |
|
748
Eldorado Gold
EGO
$11.9B
| – | – |
-130,140
| Closed | -$2.93M |
|
749
Estee Lauder
EL
$36.9B
| – | – |
-10,000
| Closed | -$910K |
|
750
Equinix
EQIX
$105B
| – | – |
-60,000
| Closed | -$23.3M |
|
Similar funds
Steven Cohen's Q3 2016 Portfolio in Review
As of Q3 2016, Steven Cohen held 966 positions worth $14.2B, down 3.2% from $14.7B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Steven Cohen withdrew a net $1.32B in Q3 2016, closing 276 positions and reducing 229 holdings. Its most notable exit was Corning, an estimated $118M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 17% of assets, down from 20% a quarter earlier, followed by Healthcare and Energy.
Against the trend, Steven Cohen opened a new position in Alphabet (Google) Class A worth $337M.
- Steven Cohen's largest Q3 2016 buy was Alphabet (Google) Class A: 8,385,760 shares worth $337M.
- Steven Cohen added most to Meta Platforms (Facebook) in Q3 2016, an estimated $251M increase.
- Steven Cohen's biggest Q3 2016 reduction was Amazon, cutting an estimated $306M.
- Steven Cohen fully exited Corning in Q3 2016, selling an estimated $118M.
- Steven Cohen's ten largest holdings make up 21% of its $14.2B portfolio in Q3 2016.
- Steven Cohen opened 262 new positions and closed 276 in Q3 2016.
- Steven Cohen's portfolio value fell 3.2% quarter-over-quarter to $14.2B.
Based on Point72 Asset Management's 13F filing for Q3 2016, filed 14 Nov 2016.