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 | |
|---|---|---|---|---|---|---|
851
Stanley Black & Decker
SWK
$15.1B
| – | – |
-30,100
| Closed | -$3.35M |
|
852
Smith & Wesson
SWBI
$632M
| – | – |
-111,105
| Closed | -$2.32M |
|
853
AT&T
T
$173B
| – | – |
-1,074,294
| Closed | -$35.1M |
|
854
Teladoc Health
TDOC
$1.16B
| – | – |
-104,000
| Closed | -$1.67M |
|
855
CALL
Tapestry
TPR
$26B
| – | – |
-110,000
| Closed | -$4.48M |
|
|
856
Tapestry
TPR
$26B
| – | – |
-920,300
| Closed | -$37.5M |
|
857
TC Energy
TRP
$64.6B
| – | – |
-73,800
| Closed | -$3.34M |
|
858
TotalEnergies
TTE
$199B
| – | – |
-370,512,515,606
| Closed | -$29.7M |
|
|
TTSH
859
DELISTED
Tile Shop Holdings
TTSH
| – | – |
-86,300
| Closed | -$1.72M |
|
860
Titan International
TWI
$461M
| – | – |
-10,200
| Closed | -$63K |
|
861
UGI
UGI
$8.06B
| – | – |
-2,599
| Closed | -$118K |
|
862
Universal Health Services
UHS
$10.4B
| – | – |
-2,700
| Closed | -$362K |
|
863
Marriott Vacations Worldwide
VAC
$3.87B
| – | – |
-199,300
| Closed | -$13.7M |
|
864
VF Corp
VFC
$5.65B
| – | – |
-50,870
| Closed | -$2.94M |
|
865
PUT
Verizon
VZ
$205B
| – | – |
-900,000
| Closed | -$50.3M |
|
866
Warner Bros
WBD
$71.6B
| – | – |
-403,300
| Closed | -$10.2M |
|
|
WCC
867
WESCO International
WCC
$17B
| – | – |
-788,566
| Closed | -$40.6M |
|
868
Werner Enterprises
WERN
$2.33B
| – | – |
-636,500
| Closed | -$14.6M |
|
869
Whirlpool
WHR
$2.63B
| – | – |
-93,550
| Closed | -$15.6M |
|
870
Williams-Sonoma
WSM
$28B
| – | – |
-660,430
| Closed | -$17.2M |
|
871
PUT
WisdomTree
WT
$3.56B
| – | – |
-200,000
| Closed | -$1.96M |
|
|
WW
872
DELISTED
WW International
WW
| – | – |
-1,000
| Closed | -$12K |
|
873
Wolverine World Wide
WWW
$1.72B
| – | – |
-1,002,900
| Closed | -$20.4M |
|
874
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.63B
| – | – |
-500,000
| Closed | -$12.2M |
|
875
CALL
ExxonMobil
XOM
$679B
| – | – |
-40,000
| Closed | -$3.75M |
|
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.