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 | |
|---|---|---|---|---|---|---|
826
Pentair
PNR
$10.3B
| – | – |
-736,459
| Closed | -$28.8M |
|
827
PUT
Pilgrim's Pride
PPC
$7.68B
| – | – |
-200,000
| Closed | -$5.1M |
|
|
PPL
828
CALL
PPL Corp
PPL
$25.9B
| – | – |
-150,000
| Closed | -$5.66M |
|
829
Phillips 66
PSX
$96.9B
| – | – |
-150,000
| Closed | -$11.9M |
|
830
CALL
Patterson-UTI
PTEN
$4.71B
| – | – |
-50,000
| Closed | -$1.07M |
|
831
CALL
Invesco QQQ Trust
QQQ
$486B
| – | – |
-200,000
| Closed | -$21.5M |
|
832
Restaurant Brands International
QSR
$28.2B
| – | – |
-131,100
| Closed | -$5.45M |
|
833
CALL
Radian Group
RDN
$4.84B
| – | – |
-100,000
| Closed | -$1.04M |
|
834
Red Robin
RRGB
$189M
| – | – |
-318,200
| Closed | -$15.1M |
|
835
Red Rock Resorts
RRR
$3.61B
| – | – |
-36,600
| Closed | -$804K |
|
836
RTX Corp
RTX
$283B
| – | – |
-793,086
| Closed | -$51.2M |
|
837
Sanmina
SANM
$10.1B
| – | – |
-9,300
| Closed | -$249K |
|
838
PUT
Starbucks
SBUX
$122B
| – | – |
-125,000
| Closed | -$7.14M |
|
839
Southern Copper
SCCO
$182B
| – | – |
-865,357
| Closed | -$21.4M |
|
840
Surgery Partners
SGRY
$1.9B
| – | – |
-84,800
| Closed | -$1.52M |
|
841
Shopify
SHOP
$192B
| – | – |
-1,897,000
| Closed | -$5.83M |
|
|
SKX
842
DELISTED
Skechers
SKX
| – | – |
-100
| Closed | -$3K |
|
843
PUT
iShares Silver Trust
SLV
$33.8B
| – | – |
-199,800
| Closed | -$3.57M |
|
844
ScottsMiracle-Gro
SMG
$3.55B
| – | – |
-74,200
| Closed | -$5.19M |
|
845
Sempra
SRE
$54.2B
| – | – |
-22,000
| Closed | -$1.25M |
|
846
PUT
Sarepta Therapeutics
SRPT
$1.98B
| – | – |
-900,000
| Closed | -$17.2M |
|
847
Sensata Technologies
ST
$6.23B
| – | – |
-100
| Closed | -$3K |
|
848
Stagwell
STGW
$2.13B
| – | – |
-251,700
| Closed | -$4.6M |
|
849
Scorpio Tankers
STNG
$3.93B
| – | – |
-109,580
| Closed | -$4.6M |
|
850
Supernus Pharmaceuticals
SUPN
$2.67B
| – | – |
-35,600
| Closed | -$725K |
|
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.