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 |
Meta Platforms (Facebook)
META
|
+$270M |
| 2 |
CLR
CONTINENTAL RESOURCES INC.
CLR
|
+$215M |
| 3 |
McDonald's
MCD
|
+$167M |
| 4 |
WPX
WPX Energy, Inc.
WPX
|
+$153M |
| 5 |
Alibaba
BABA
|
+$148M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bunge Global
BG
|
+$223M |
| 2 |
YHOO
Yahoo Inc
YHOO
|
+$217M |
| 3 |
Broadcom
AVGO
|
+$151M |
| 4 |
Verizon
VZ
|
+$138M |
| 5 |
Ulta Beauty
ULTA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.24% |
| 2 | Energy | 14.91% |
| 3 | Consumer Discretionary | 13.14% |
| 4 | Communication Services | 9.83% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Applied Materials
AMAT
$391B
| – | – |
-3,086,500
| Closed | -$99.6M |
|
802
AMC Global Media
AMCX
$511M
| – | – |
-168,700
| Closed | -$8.83M |
|
803
Andersons Inc
ANDE
$2.31B
| – | – |
-711,244
| Closed | -$31.8M |
|
804
CALL
Aptiv
APTV
$10B
| – | – |
-13,000
| Closed | -$876K |
|
|
805
Aptiv
APTV
$10B
| – | – |
-548,300
| Closed | -$36.9M |
|
806
Antero Resources
AR
$11.7B
| – | – |
-1,491,428
| Closed | -$35.3M |
|
807
Accuray
ARAY
$33.6M
| – | – |
-122,800
| Closed | -$565K |
|
808
Avery Dennison
AVY
$13.9B
| – | – |
-125,000
| Closed | -$8.78M |
|
809
Acuity Brands
AYI
$10.3B
| – | – |
-216,700
| Closed | -$50M |
|
810
AstraZeneca
AZN
$257B
| – | – |
-338,000
| Closed | -$19.7M |
|
811
Booz Allen Hamilton
BAH
$9.27B
| – | – |
-1,081,295
| Closed | -$39M |
|
812
Bath & Body Works
BBWI
$3.92B
| – | – |
-525,704
| Closed | -$28M |
|
813
Boise Cascade
BCC
$2.88B
| – | – |
-86,800
| Closed | -$1.95M |
|
814
Bread Financial
BFH
$4.07B
| – | – |
-20,549
| Closed | -$3.75M |
|
|
815
CALL
Bunge Global
BG
$21.7B
| – | – |
-450,000
| Closed | -$32.5M |
|
816
CALL
Bausch Health
BHC
$2.41B
| – | – |
-1,320,000
| Closed | -$19.2M |
|
817
Brookdale Senior Living
BKD
$2.82B
| – | – |
-754,300
| Closed | -$9.37M |
|
|
BLUE
818
DELISTED
bluebird bio
BLUE
| – | – |
-7,430
| Closed | -$5.94M |
|
819
CALL
Boston Scientific
BSX
$73B
| – | – |
-500,000
| Closed | -$10.8M |
|
|
820
Boston Scientific
BSX
$73B
| – | – |
-358,400
| Closed | -$7.75M |
|
821
Conagra Brands
CAG
$7.89B
| – | – |
-63,500
| Closed | -$2.51M |
|
822
Coherus Oncology
CHRS
$219M
| – | – |
-601,034
| Closed | -$16.9M |
|
823
Charter Communications
CHTR
$17.9B
| – | – |
-64,444
| Closed | -$18.6M |
|
824
Cigna
CI
$73.3B
| – | – |
-228,700
| Closed | -$30.5M |
|
825
Chipotle Mexican Grill
CMG
$46.7B
| – | – |
-4,895,000
| Closed | -$36.9M |
|
Similar funds
Steven Cohen's Q1 2017 Portfolio in Review
As of Q1 2017, Steven Cohen held 1,057 positions worth $17.9B, up 25% from $14.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Steven Cohen deployed $3.2B of net new capital in Q1 2017, opening 390 new positions and adding to 217 existing holdings. Its largest new stake was Alibaba: 1,456,480 shares worth $157M.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 12% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Bunge Global, an estimated $223M trimmed.
- Steven Cohen's largest Q1 2017 buy was Alibaba: 1,456,480 shares worth $157M.
- Steven Cohen added most to Meta Platforms (Facebook) in Q1 2017, an estimated $270M increase.
- Steven Cohen's biggest Q1 2017 reduction was Bunge Global, cutting an estimated $223M.
- Steven Cohen fully exited Ulta Beauty in Q1 2017, selling an estimated $123M.
- Steven Cohen's ten largest holdings make up 14% of its $17.9B portfolio in Q1 2017.
- Steven Cohen opened 390 new positions and closed 263 in Q1 2017.
- Steven Cohen's portfolio value rose 25% quarter-over-quarter to $17.9B.
Based on Point72 Asset Management's 13F filing for Q1 2017, filed 15 May 2017.