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 |
Canadian Natural Resources
CNQ
|
+$203M |
| 2 |
Tyson Foods
TSN
|
+$190M |
| 3 |
VTLE
Vital Energy
VTLE
|
+$119M |
| 4 |
Suncor Energy
SU
|
+$115M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$110M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WLL
Whiting Petroleum Corporation
WLL
|
+$211M |
| 2 |
GE Aerospace
GE
|
+$127M |
| 3 |
BHI
Baker Hughes
BHI
|
+$112M |
| 4 |
Hilton Worldwide
HLT
|
+$109M |
| 5 |
Carter's
CRI
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 20.48% |
| 2 | Consumer Discretionary | 14.47% |
| 3 | Industrials | 11.43% |
| 4 | Healthcare | 9.56% |
| 5 | Technology | 8.77% |
Similar funds
Steven Cohen's Q3 2014 Portfolio in Review
As of Q3 2014, Steven Cohen held 915 positions worth $13.3B, down 15% from $15.6B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Steven Cohen withdrew a net $1.78B in Q3 2014, closing 286 positions and reducing 221 holdings. Its most notable exit was Packaging Corp of America, an estimated $98.9M position sold in full.
By sector, the portfolio is most concentrated in Energy at 20% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Steven Cohen opened a new position in Vital Energy worth $105M.
- Steven Cohen's largest Q3 2014 buy was Vital Energy: 233,601 shares worth $105M.
- Steven Cohen added most to Canadian Natural Resources in Q3 2014, an estimated $203M increase.
- Steven Cohen's biggest Q3 2014 reduction was Whiting Petroleum Corporation, cutting an estimated $211M.
- Steven Cohen fully exited Packaging Corp of America in Q3 2014, selling an estimated $98.9M.
- Steven Cohen's ten largest holdings make up 19% of its $13.3B portfolio in Q3 2014.
- Steven Cohen opened 219 new positions and closed 286 in Q3 2014.
- Steven Cohen's portfolio value fell 15% quarter-over-quarter to $13.3B.
Based on Point72 Asset Management's 13F filing for Q3 2014, filed 14 Nov 2014.