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% |
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.