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 |
Amazon
AMZN
|
+$363M |
| 2 |
ANDV
Andeavor
ANDV
|
+$129M |
| 3 |
Broadcom
AVGO
|
+$90.1M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$88.3M |
| 5 |
Intel
INTC
|
+$82.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$219M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$196M |
| 3 |
Lowe's Companies
LOW
|
+$112M |
| 4 |
TWX
Time Warner Inc
TWX
|
+$101M |
| 5 |
Monster Beverage
MNST
|
+$98M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.51% |
| 2 | Energy | 13.39% |
| 3 | Healthcare | 12.74% |
| 4 | Technology | 7.13% |
| 5 | Industrials | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
PUT
JPMorgan Chase
JPM
$935B
| – | – |
-80,000
| Closed | -$4.74M |
|
|
K
802
DELISTED
Kellanova
K
| – | – |
-126,735
| Closed | -$9.11M |
|
803
CALL
KB Home
KBH
$3.39B
| – | – |
-10,000
| Closed | -$143K |
|
|
804
KB Home
KBH
$3.39B
| – | – |
-1,236,762
| Closed | -$17.7M |
|
805
Lennar Class A
LEN
$21B
| – | – |
-108,418
| Closed | -$4.99M |
|
806
L3Harris
LHX
$49.7B
| – | – |
-15,000
| Closed | -$1.17M |
|
807
Lumentum
LITE
$77.7B
| – | – |
-145,500
| Closed | -$3.92M |
|
808
LivaNova
LIVN
$4.34B
| – | – |
-50,000
| Closed | -$2.7M |
|
809
PUT
Lindsay Corp
LNN
$1.18B
| – | – |
-50,000
| Closed | -$3.58M |
|
810
Louisiana-Pacific
LPX
$5.12B
| – | – |
-2,848,400
| Closed | -$48.8M |
|
811
Lumen
LUMN
$6.13B
| – | – |
-2,314,600
| Closed | -$74M |
|
812
Southwest Airlines
LUV
$19.8B
| – | – |
-792,700
| Closed | -$35.5M |
|
813
CALL
Las Vegas Sands
LVS
$30.5B
| – | – |
-40,000
| Closed | -$2.07M |
|
|
814
Las Vegas Sands
LVS
$30.5B
| – | – |
-432,600
| Closed | -$22.4M |
|
815
LSB Industries
LXU
$801M
| – | – |
-305,500
| Closed | -$3M |
|
816
LyondellBasell Industries
LYB
$21.8B
| – | – |
-71,100
| Closed | -$6.08M |
|
817
Live Nation Entertainment
LYV
$42.4B
| – | – |
-365,600
| Closed | -$8.16M |
|
818
ManpowerGroup
MAN
$2.86B
| – | – |
-158,200
| Closed | -$12.9M |
|
819
Matsons
MATX
$6.66B
| – | – |
-127,600
| Closed | -$5.13M |
|
820
CALL
McDonald's
MCD
$192B
| – | – |
-50,000
| Closed | -$6.28M |
|
|
821
McDonald's
MCD
$192B
| – | – |
-49,100
| Closed | -$6.17M |
|
822
Magna International
MGA
$19.5B
| – | – |
-548,500
| Closed | -$23.6M |
|
823
Martin Marietta Materials
MLM
$32.1B
| – | – |
-81,100
| Closed | -$12.9M |
|
824
Maximus
MMS
$3.05B
| – | – |
-2,400
| Closed | -$126K |
|
825
Molina Healthcare
MOH
$10.5B
| – | – |
-32,000
| Closed | -$2.06M |
|
Similar funds
Steven Cohen's Q2 2016 Portfolio in Review
As of Q2 2016, Steven Cohen held 984 positions worth $14.7B, up 13% from $13B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Steven Cohen deployed $1.36B of net new capital in Q2 2016, opening 280 new positions and adding to 219 existing holdings. Its largest new stake was Broadcom: 5,916,100 shares worth $91.9M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 20% of assets, up from 16% a quarter earlier, followed by Energy and Healthcare.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $219M trimmed.
- Steven Cohen's largest Q2 2016 buy was Broadcom: 5,916,100 shares worth $91.9M.
- Steven Cohen added most to Amazon in Q2 2016, an estimated $363M increase.
- Steven Cohen's biggest Q2 2016 reduction was Meta Platforms (Facebook), cutting an estimated $219M.
- Steven Cohen fully exited Alphabet (Google) Class A in Q2 2016, selling an estimated $196M.
- Steven Cohen's ten largest holdings make up 25% of its $14.7B portfolio in Q2 2016.
- Steven Cohen opened 280 new positions and closed 280 in Q2 2016.
- Steven Cohen's portfolio value rose 13% quarter-over-quarter to $14.7B.
Based on Point72 Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.