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 |
ANDV
Andeavor
ANDV
|
+$279M |
| 2 |
Williams Companies
WMB
|
+$145M |
| 3 |
Verizon
VZ
|
+$142M |
| 4 |
Visa
V
|
+$123M |
| 5 |
Ulta Beauty
ULTA
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$290M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$240M |
| 3 |
Amazon
AMZN
|
+$223M |
| 4 |
Zoetis
ZTS
|
+$184M |
| 5 |
Newell Brands
NWL
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 18.9% |
| 2 | Consumer Discretionary | 14.51% |
| 3 | Healthcare | 11.92% |
| 4 | Industrials | 11.22% |
| 5 | Technology | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Frontline
FRO
$9.72B
| – | – |
-323,600
| Closed | -$2.32M |
|
752
Gilead Sciences
GILD
$181B
| – | – |
-141,000
| Closed | -$11.2M |
|
753
SPDR Gold Trust
GLD
$152B
| – | – |
-37,900
| Closed | -$4.4M |
|
|
754
PUT
SPDR Gold Trust
GLD
$152B
| – | – |
-50,000
| Closed | -$6.28M |
|
755
CALL
Golar LNG
GLNG
$5.31B
| – | – |
-100,000
| Closed | -$2.12M |
|
756
CALL
Globus Medical
GMED
$11.7B
| – | – |
-300,000
| Closed | -$6.77M |
|
757
Generac Holdings
GNRC
$12.2B
| – | – |
-184,200
| Closed | -$6.69M |
|
758
Gogo Inc
GOGO
$363M
| – | – |
-504,800
| Closed | -$5.57M |
|
759
Group 1 Automotive
GPI
$3.12B
| – | – |
-130,200
| Closed | -$8.32M |
|
760
CALL
Halliburton
HAL
$29.4B
| – | – |
-50,000
| Closed | -$2.24M |
|
|
HBI
761
DELISTED
Hanesbrands
HBI
| – | – |
-1,445,000
| Closed | -$36.5M |
|
762
Hartford Financial Services
HIG
$36.9B
| – | – |
-161,900
| Closed | -$6.93M |
|
763
Hormel Foods
HRL
$13.1B
| – | – |
-257,751
| Closed | -$9.78M |
|
764
CALL
Hershey
HSY
$37.5B
| – | – |
-10,000
| Closed | -$956K |
|
765
HUB Group
HUBG
$2.49B
| – | – |
-20,400
| Closed | -$416K |
|
766
HubSpot
HUBS
$12B
| – | – |
-56,600
| Closed | -$3.26M |
|
767
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| – | – |
-170,000
| Closed | -$14.8M |
|
768
Installed Building Products
IBP
$6.56B
| – | – |
-28,000
| Closed | -$1M |
|
769
Intel
INTC
$476B
| – | – |
-143,200
| Closed | -$5.41M |
|
770
Innoviva
INVA
$1.52B
| – | – |
-613,575
| Closed | -$6.74M |
|
771
International Paper
IP
$22B
| – | – |
-771,197
| Closed | -$35M |
|
|
772
PUT
International Paper
IP
$22B
| – | – |
-52,800
| Closed | -$2.4M |
|
773
Illinois Tool Works
ITW
$80.4B
| – | – |
-100,000
| Closed | -$12M |
|
774
Invesco
IVZ
$14.1B
| – | – |
-221,400
| Closed | -$6.92M |
|
775
Kaiser Aluminum
KALU
$2.52B
| – | – |
-35,500
| Closed | -$3.07M |
|
Similar funds
Steven Cohen's Q4 2016 Portfolio in Review
As of Q4 2016, Steven Cohen held 975 positions worth $14.3B, up 0.57% from $14.2B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Steven Cohen's Q4 2016 filing shows 284 new, 180 increased, 197 reduced and 308 closed positions. Its largest new stake was Verizon: 2,838,659 shares worth $152M. The largest sale was Meta Platforms (Facebook), an estimated $290M.
By sector, the portfolio is most concentrated in Energy at 19% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Steven Cohen's largest Q4 2016 buy was Verizon: 2,838,659 shares worth $152M.
- Steven Cohen added most to Andeavor in Q4 2016, an estimated $279M increase.
- Steven Cohen's biggest Q4 2016 reduction was Meta Platforms (Facebook), cutting an estimated $290M.
- Steven Cohen fully exited Amazon in Q4 2016, selling an estimated $223M.
- Steven Cohen's ten largest holdings make up 17% of its $14.3B portfolio in Q4 2016.
- Steven Cohen opened 284 new positions and closed 308 in Q4 2016.
- Steven Cohen's portfolio value rose 0.57% quarter-over-quarter to $14.3B.
Based on Point72 Asset Management's 13F filing for Q4 2016, filed 14 Feb 2017.