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% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Medtronic
MDT
$119B
| – | – |
-125,000
| Closed | -$10.8M |
|
802
MiMedx Group
MDXG
$631M
| – | – |
-150,000
| Closed | -$1.2M |
|
803
Mercado Libre
MELI
$97.5B
| – | – |
-141,200
| Closed | -$19.9M |
|
804
3M
MMM
$92.3B
| – | – |
-18,372
| Closed | -$2.69M |
|
805
Monro
MNRO
$392M
| – | – |
-131,800
| Closed | -$8.38M |
|
806
Altria Group
MO
$110B
| – | – |
-20,000
| Closed | -$1.38M |
|
|
CALY
807
Callaway Golf Company
CALY
$2.84B
| – | – |
-247,600
| Closed | -$2.53M |
|
808
CALL
The Mosaic Company
MOS
$7.76B
| – | – |
-200,000
| Closed | -$5.24M |
|
809
CALL
Marathon Petroleum
MPC
$101B
| – | – |
-400,000
| Closed | -$15.2M |
|
810
MSC Industrial Direct
MSM
$6.69B
| – | – |
-111,900
| Closed | -$7.9M |
|
811
Mueller Water Products
MWA
$3.89B
| – | – |
-149,200
| Closed | -$1.7M |
|
812
Newmont
NEM
$139B
| – | – |
-22,000
| Closed | -$861K |
|
813
CALL
Netflix
NFLX
$331B
| – | – |
-215,000
| Closed | -$1.97M |
|
814
CALL
Nike
NKE
$60.5B
| – | – |
-36,300
| Closed | -$2M |
|
815
NOV
NOV
$7.28B
| – | – |
-353,500
| Closed | -$11.9M |
|
816
PUT
Novavax
NVAX
$1.47B
| – | – |
-9,000
| Closed | -$1.31M |
|
817
PUT
NVIDIA
NVDA
$5.2T
| – | – |
-20,000,000
| Closed | -$23.5M |
|
818
News Corp Class A
NWSA
$16.4B
| – | – |
-247,700
| Closed | -$2.81M |
|
819
Olin
OLN
$2.1B
| – | – |
-858,200
| Closed | -$21.3M |
|
820
O'Reilly Automotive
ORLY
$72.1B
| – | – |
-456,000
| Closed | -$8.24M |
|
821
Oshkosh
OSK
$9.7B
| – | – |
-16,500
| Closed | -$787K |
|
822
Palo Alto Networks
PANW
$292B
| – | – |
-151,800
| Closed | -$3.1M |
|
|
PCH
823
DELISTED
PotlatchDeltic
PCH
| – | – |
-14,965
| Closed | -$510K |
|
824
Pacira BioSciences
PCRX
$983M
| – | – |
-281,236
| Closed | -$9.49M |
|
825
Polaris
PII
$3.66B
| – | – |
-100,000
| Closed | -$8.18M |
|
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.