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
|
+$280M |
| 2 |
Advance Auto Parts
AAP
|
+$253M |
| 3 |
Nike
NKE
|
+$151M |
| 4 |
Signet Jewelers
SIG
|
+$139M |
| 5 |
Corning
GLW
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$385M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$254M |
| 3 |
Comcast
CMCSA
|
+$124M |
| 4 |
Microsoft
MSFT
|
+$100M |
| 5 |
lululemon athletica
LULU
|
+$88.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 22.78% |
| 2 | Healthcare | 16.38% |
| 3 | Energy | 11.96% |
| 4 | Industrials | 10.78% |
| 5 | Communication Services | 7.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
TransUnion
TRU
$16.2B
| – | – |
-30,000
| Closed | -$754K |
|
852
TSMC
TSM
$2.17T
| – | – |
-1,207,300
| Closed | -$25.1M |
|
853
Tyson Foods
TSN
$20.6B
| – | – |
-380,450
| Closed | -$16.4M |
|
|
854
PUT
Tyson Foods
TSN
$20.6B
| – | – |
-1,750,000
| Closed | -$75.4M |
|
855
Travere Therapeutics
TVTX
$6.19B
| – | – |
-194,000
| Closed | -$3.93M |
|
856
Ulta Beauty
ULTA
$22.4B
| – | – |
-5,935
| Closed | -$969K |
|
857
United Parcel Service
UPS
$86.8B
| – | – |
-5,625
| Closed | -$555K |
|
858
United Rentals
URI
$68.4B
| – | – |
-279,400
| Closed | -$16.8M |
|
859
VF Corp
VFC
$5.65B
| – | – |
-202,736
| Closed | -$13M |
|
860
Valero Energy
VLO
$100B
| – | – |
-470,000
| Closed | -$28.2M |
|
|
861
PUT
Valero Energy
VLO
$100B
| – | – |
-600,000
| Closed | -$36.1M |
|
862
Vanda Pharmaceuticals
VNDA
$319M
| – | – |
-1,900
| Closed | -$21K |
|
863
Vera Bradley
VRA
$89.6M
| – | – |
-194,900
| Closed | -$2.46M |
|
864
Vertex Pharmaceuticals
VRTX
$139B
| – | – |
-15,000
| Closed | -$1.56M |
|
865
Western Digital
WDC
$166B
| – | – |
-515,441
| Closed | -$30.9M |
|
866
Wingstop
WING
$3.14B
| – | – |
-38,400
| Closed | -$921K |
|
867
Williams Companies
WMB
$86.2B
| – | – |
-141,800
| Closed | -$5.22M |
|
868
Wynn Resorts
WYNN
$10.3B
| – | – |
-635,100
| Closed | -$33.7M |
|
869
PUT
Weyerhaeuser
WY
$17.6B
| – | – |
-1,000,000
| Closed | -$27.3M |
|
870
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| – | – |
-225,000
| Closed | -$10.6M |
|
871
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| – | – |
-2,300,000
| Closed | -$49.8M |
|
872
CALL
XPO
XPO
$23.2B
| – | – |
-260,225
| Closed | -$2.15M |
|
|
873
XPO
XPO
$23.2B
| – | – |
-2,037,854
| Closed | -$16.8M |
|
874
State Street SPDR S&P Retail ETF
XRT
$491M
| – | – |
-50,000
| Closed | -$2.22M |
|
875
Zumiez
ZUMZ
$308M
| – | – |
-269,200
| Closed | -$4.21M |
|
Similar funds
Steven Cohen's Q4 2015 Portfolio in Review
As of Q4 2015, Steven Cohen held 986 positions worth $12.1B, down 4.8% from $12.7B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steven Cohen withdrew a net $1.08B in Q4 2015, closing 321 positions and reducing 216 holdings. Its most notable exit was Comcast, an estimated $124M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 23% of assets, up from 19% a quarter earlier, followed by Healthcare and Energy.
Against the trend, Steven Cohen opened a new position in Alphabet (Google) Class A worth $294M.
- Steven Cohen's largest Q4 2015 buy was Alphabet (Google) Class A: 7,562,000 shares worth $294M.
- Steven Cohen added most to Nike in Q4 2015, an estimated $151M increase.
- Steven Cohen's biggest Q4 2015 reduction was Amazon, cutting an estimated $385M.
- Steven Cohen fully exited Comcast in Q4 2015, selling an estimated $124M.
- Steven Cohen's ten largest holdings make up 16% of its $12.1B portfolio in Q4 2015.
- Steven Cohen opened 240 new positions and closed 321 in Q4 2015.
- Steven Cohen's portfolio value fell 4.8% quarter-over-quarter to $12.1B.
Based on Point72 Asset Management's 13F filing for Q4 2015, filed 16 Feb 2016.