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 |
Merck
MRK
|
+$284M |
| 2 |
FISV
Fiserv Inc
FISV
|
+$232M |
| 3 |
Alibaba
BABA
|
+$183M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$123M |
| 5 |
Oracle
ORCL
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$287M |
| 2 |
JD.com
JD
|
+$168M |
| 3 |
Take-Two Interactive
TTWO
|
+$117M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$116M |
| 5 |
Applied Materials
AMAT
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 22.9% |
| 2 | Technology | 20.77% |
| 3 | Consumer Discretionary | 14.79% |
| 4 | Financials | 9.69% |
| 5 | Industrials | 7.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AVNS
801
DELISTED
Avanos Medical
AVNS
| – | – |
-106,700
| Closed | -$2.87M |
|
802
Avient
AVNT
$4.1B
| – | – |
-16,500
| Closed | -$313K |
|
803
Avnet
AVT
$7.27B
| – | – |
-71,613
| Closed | -$1.8M |
|
|
AXON
804
Axon Enterprise
AXON
$51B
| – | – |
-17,300
| Closed | -$1.22M |
|
805
AXIS Capital
AXS
$7.2B
| – | – |
-452,827
| Closed | -$17.5M |
|
806
Acuity Brands
AYI
$10.3B
| – | – |
-2,834
| Closed | -$243K |
|
807
Ball Corp
BALL
$16.8B
| – | – |
-171,137
| Closed | -$11.1M |
|
808
Boise Cascade
BCC
$2.88B
| – | – |
-11,644
| Closed | -$277K |
|
809
BCE
BCE
$22.1B
| – | – |
-252,392
| Closed | -$10.3M |
|
|
BDN
810
Brandywine Realty Trust
BDN
$522M
| – | – |
-18,561
| Closed | -$195K |
|
811
CALL
Bausch Health
BHC
$2.41B
| – | – |
-550,000
| Closed | -$8.53M |
|
812
CALL
Biogen
BIIB
$32B
| – | – |
-69,600
| Closed | -$22M |
|
813
Baker Hughes
BKR
$61.9B
| – | – |
-1,082,465
| Closed | -$11.4M |
|
814
Builders FirstSource
BLDR
$7.55B
| – | – |
-49,548
| Closed | -$606K |
|
815
Badger Meter
BMI
$3.82B
| – | – |
-26,300
| Closed | -$1.41M |
|
816
Boot Barn
BOOT
$5.01B
| – | – |
-81,100
| Closed | -$1.05M |
|
817
Box
BOX
$4.56B
| – | – |
-86,399
| Closed | -$1.21M |
|
818
BP
BP
$115B
| – | – |
-597,522
| Closed | -$14.6M |
|
819
Broadridge
BR
$20.8B
| – | – |
-114,767
| Closed | -$10.9M |
|
820
Berkshire Hathaway Class B
BRK.B
$1.06T
| – | – |
-46,700
| Closed | -$8.54M |
|
821
Brown & Brown
BRO
$24.4B
| – | – |
-112,599
| Closed | -$4.08M |
|
822
BWX Technologies
BWXT
$14.4B
| – | – |
-27,552
| Closed | -$1.34M |
|
823
Cal-Maine
CALM
$3.87B
| – | – |
-366,696
| Closed | -$16.1M |
|
824
Cars.com
CARS
$654M
| – | – |
-40,000
| Closed | -$172K |
|
825
Casey's General Stores
CASY
$30.9B
| – | – |
-48,386
| Closed | -$6.41M |
|
Similar funds
Steven Cohen's Q2 2020 Portfolio in Review
As of Q2 2020, Steven Cohen held 1,113 positions worth $15.3B, up 25% from $12.3B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steven Cohen's Q2 2020 filing shows 368 new, 189 increased, 211 reduced and 335 closed positions. Its largest new stake was Merck: 3,769,218 shares worth $278M. The largest sale was Micron Technology, an estimated $287M.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, up from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- Steven Cohen's largest Q2 2020 buy was Merck: 3,769,218 shares worth $278M.
- Steven Cohen added most to Fiserv Inc in Q2 2020, an estimated $232M increase.
- Steven Cohen's biggest Q2 2020 reduction was Micron Technology, cutting an estimated $287M.
- Steven Cohen fully exited CSX Corp in Q2 2020, selling an estimated $110M.
- Steven Cohen's ten largest holdings make up 16% of its $15.3B portfolio in Q2 2020.
- Steven Cohen opened 368 new positions and closed 335 in Q2 2020.
- Steven Cohen's portfolio value rose 25% quarter-over-quarter to $15.3B.
Based on Point72 Asset Management's 13F filing for Q2 2020, filed 14 Aug 2020.