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 |
Microsoft
MSFT
|
+$431M |
| 2 |
NVIDIA
NVDA
|
+$220M |
| 3 |
Micron Technology
MU
|
+$182M |
| 4 |
Union Pacific
UNP
|
+$168M |
| 5 |
Southern Company
SO
|
+$162M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$459M |
| 2 |
Meta Platforms (Facebook)
META
|
+$403M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$380M |
| 4 |
Salesforce
CRM
|
+$271M |
| 5 |
Intel
INTC
|
+$271M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.27% |
| 2 | Technology | 16.9% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Industrials | 9.63% |
| 5 | Energy | 5.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
TransAlta
TAC
$3.83B
| $5.64M | 0.02% |
602,272
-677,803
| -53% | -$6.36M |
|
752
PUT
ServiceNow
NOW
$132B
| $5.62M | 0.02% |
+50,000
| New | +$5M |
|
753
Reinsurance Group of America
RGA
$16B
| $5.6M | 0.02% |
40,402
-10,209
| -20% | -$1.45M |
|
754
PUT
Fox Class A
FOXA
$29B
| $5.6M | 0.02% |
+164,800
| New | +$5.39M |
|
755
Disc Medicine
IRON
$3.11B
| $5.56M | 0.02% |
+125,200
| New | +$4.44M |
|
756
CALL
Knight Transportation
KNX
$11.2B
| $5.56M | 0.02% |
+100,000
| New | +$5.58M |
|
757
Synaptics
SYNA
$3.66B
| $5.53M | 0.02% |
64,724
-243,670
| -79% | -$21.1M |
|
758
Caesars Entertainment
CZR
$6.04B
| $5.52M | 0.02% |
108,311
-336,308
| -76% | -$15.3M |
|
|
SYNH
759
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $5.51M | 0.02% |
130,850
-583,402
| -82% | -$23.6M |
|
|
OTLY
760
Oatly Group
OTLY
$507M
| $5.45M | 0.02% |
132,842
+38,802
| +41% | +$1.59M |
|
761
Reynolds Consumer Products
REYN
$5.33B
| $5.42M | 0.02% |
192,007
+57,207
| +42% | +$1.59M |
|
762
Parker-Hannifin
PH
$128B
| $5.42M | 0.02% |
13,902
-123,315
| -90% | -$41.7M |
|
763
ICICI Bank
IBN
$106B
| $5.42M | 0.02% |
+234,732
| New | +$5.31M |
|
764
PUT
Cisco
CSCO
$434B
| $5.4M | 0.02% |
104,300
-37,600
| -26% | -$1.85M |
|
765
Embecta
EMBC
$283M
| $5.38M | 0.02% |
249,020
-199,300
| -44% | -$5.43M |
|
766
Pinnacle West Capital
PNW
$11.8B
| $5.36M | 0.02% |
65,800
-115,100
| -64% | -$9.18M |
|
767
Moog Inc Class A
MOG.A
$12B
| $5.34M | 0.02% |
+49,265
| New | +$4.89M |
|
768
Navitas Semiconductor
NVTS
$3.19B
| $5.3M | 0.02% |
502,998
-389,600
| -44% | -$3.02M |
|
769
PUT
Constellation Energy
CEG
$96.9B
| $5.28M | 0.02% |
57,700
+52,600
| +1,031% | +$4.36M |
|
770
CALL
Target
TGT
$77.2B
| $5.28M | 0.02% |
40,000
+12,500
| +45% | +$1.85M |
|
771
Aurinia Pharmaceuticals
AUPH
$2.2B
| $5.27M | 0.02% |
544,720
-1,395,253
| -72% | -$14.5M |
|
772
Oneok
OKE
$58.6B
| $5.27M | 0.02% |
85,371
+76,759
| +891% | +$4.75M |
|
773
Cytokinetics
CYTK
$10.7B
| $5.23M | 0.02% |
+160,400
| New | +$5.93M |
|
774
Atour Lifestyle Holdings
ATAT
$4.73B
| $5.22M | 0.02% |
321,673
+78,373
| +32% | +$1.52M |
|
775
CALL
Thor Industries
THO
$4.13B
| $5.17M | 0.02% |
50,000
-15,000
| -23% | -$1.27M |
|
Similar funds
Steven Cohen's Q2 2023 Portfolio in Review
As of Q2 2023, Steven Cohen held 2,962 positions worth $33.6B, up 4.1% from $32.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Steven Cohen withdrew a net $1.43B in Q2 2023, closing 858 positions and reducing 601 holdings. Its most notable exit was Prometheus Biosciences, Inc. Common Stock, an estimated $157M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Micron Technology worth $178M.
- Steven Cohen's largest Q2 2023 buy was Micron Technology: 2,825,000 shares worth $178M.
- Steven Cohen added most to Microsoft in Q2 2023, an estimated $431M increase.
- Steven Cohen's biggest Q2 2023 reduction was Broadcom, cutting an estimated $459M.
- Steven Cohen fully exited Prometheus Biosciences, Inc. Common Stock in Q2 2023, selling an estimated $157M.
- Steven Cohen's ten largest holdings make up 14% of its $33.6B portfolio in Q2 2023.
- Steven Cohen opened 772 new positions and closed 858 in Q2 2023.
- Steven Cohen's portfolio value rose 4.1% quarter-over-quarter to $33.6B.
Based on Point72 Asset Management's 13F filing for Q2 2023, filed 14 Aug 2023.