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 |
Meta Platforms (Facebook)
META
|
+$270M |
| 2 |
CLR
CONTINENTAL RESOURCES INC.
CLR
|
+$215M |
| 3 |
McDonald's
MCD
|
+$167M |
| 4 |
WPX
WPX Energy, Inc.
WPX
|
+$153M |
| 5 |
Alibaba
BABA
|
+$148M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bunge Global
BG
|
+$223M |
| 2 |
YHOO
Yahoo Inc
YHOO
|
+$217M |
| 3 |
Broadcom
AVGO
|
+$151M |
| 4 |
Verizon
VZ
|
+$138M |
| 5 |
Ulta Beauty
ULTA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.24% |
| 2 | Energy | 14.91% |
| 3 | Consumer Discretionary | 13.14% |
| 4 | Communication Services | 9.83% |
| 5 | Industrials | 9.55% |
Similar funds
Steven Cohen's Q1 2017 Portfolio in Review
As of Q1 2017, Steven Cohen held 1,057 positions worth $17.9B, up 25% from $14.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Steven Cohen deployed $3.2B of net new capital in Q1 2017, opening 390 new positions and adding to 217 existing holdings. Its largest new stake was Alibaba: 1,456,480 shares worth $157M.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 12% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Bunge Global, an estimated $223M trimmed.
- Steven Cohen's largest Q1 2017 buy was Alibaba: 1,456,480 shares worth $157M.
- Steven Cohen added most to Meta Platforms (Facebook) in Q1 2017, an estimated $270M increase.
- Steven Cohen's biggest Q1 2017 reduction was Bunge Global, cutting an estimated $223M.
- Steven Cohen fully exited Ulta Beauty in Q1 2017, selling an estimated $123M.
- Steven Cohen's ten largest holdings make up 14% of its $17.9B portfolio in Q1 2017.
- Steven Cohen opened 390 new positions and closed 263 in Q1 2017.
- Steven Cohen's portfolio value rose 25% quarter-over-quarter to $17.9B.
Based on Point72 Asset Management's 13F filing for Q1 2017, filed 15 May 2017.