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 |
Walt Disney
DIS
|
+$254M |
| 2 |
Marvell Technology
MRVL
|
+$248M |
| 3 |
Fidelity National Information Services
FIS
|
+$198M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$176M |
| 5 |
Elevance Health
ELV
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FDC
First Data Corporation
FDC
|
+$224M |
| 2 |
Baxter International
BAX
|
+$223M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$221M |
| 4 |
Visa
V
|
+$218M |
| 5 |
Citigroup
C
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.5% |
| 2 | Healthcare | 13.29% |
| 3 | Consumer Discretionary | 11.89% |
| 4 | Energy | 9.85% |
| 5 | Communication Services | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VRAY
851
DELISTED
ViewRay, Inc.
VRAY
| $722K | ﹤0.01% |
+97,700
| New | +$753K |
|
852
Thor Industries
THO
$4.14B
| $716K | ﹤0.01% |
+11,487
| New | +$728K |
|
853
GrafTech
EAF
$178M
| $682K | ﹤0.01% |
+5,334
| New | +$709K |
|
854
Baytex Energy
BTE
$3.36B
| $680K | ﹤0.01% |
400,000
-2,400,000
| -86% | -$4.21M |
|
|
IMMU
855
DELISTED
Immunomedics Inc
IMMU
| $659K | ﹤0.01% |
34,300
-1,088,900
| -97% | -$17.6M |
|
856
Honeywell
HON
$68.4B
| $640K | ﹤0.01% |
4,275
-47,556
| -92% | -$6.65M |
|
|
DF
857
DELISTED
Dean Foods Company
DF
| $621K | ﹤0.01% |
204,900
-222,500
| -52% | -$895K |
|
858
WIX.com
WIX
$3.43B
| $592K | ﹤0.01% |
4,899
-161,301
| -97% | -$17.5M |
|
859
Lumen
LUMN
$6.13B
| $567K | ﹤0.01% |
+47,325
| New | +$658K |
|
860
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $561K | ﹤0.01% |
10,000
-50,000
| -83% | -$2.67M |
|
861
Toll Brothers
TOL
$13.7B
| $559K | ﹤0.01% |
+15,449
| New | +$555K |
|
862
CSX Corp
CSX
$95.6B
| $531K | ﹤0.01% |
+21,276
| New | +$493K |
|
863
SBA Communications
SBAC
$19.4B
| $531K | ﹤0.01% |
+2,662
| New | +$483K |
|
864
Ryman Hospitality Properties
RHP
$8.86B
| $520K | ﹤0.01% |
+6,325
| New | +$505K |
|
|
LM
865
DELISTED
Legg Mason, Inc.
LM
| $517K | ﹤0.01% |
+18,900
| New | +$542K |
|
|
TUP
866
DELISTED
Tupperware Brands Corporation
TUP
| $503K | ﹤0.01% |
+19,671
| New | +$600K |
|
867
Medpace
MEDP
$17.3B
| $497K | ﹤0.01% |
+8,433
| New | +$504K |
|
868
Magnolia Oil & Gas
MGY
$6.67B
| $492K | ﹤0.01% |
41,000
-2,183,441
| -98% | -$26.6M |
|
|
MDCO
869
DELISTED
Medicines Co
MDCO
| $492K | ﹤0.01% |
+17,600
| New | +$415K |
|
870
Boise Cascade
BCC
$2.88B
| $483K | ﹤0.01% |
18,031
-165,269
| -90% | -$4.45M |
|
871
Evercore
EVR
$11.2B
| $481K | ﹤0.01% |
+5,289
| New | +$464K |
|
872
Choice Hotels
CHH
$4.93B
| $478K | ﹤0.01% |
+6,154
| New | +$478K |
|
873
Caesarstone
CSTE
$122M
| $476K | ﹤0.01% |
30,508
+6,664
| +28% | +$104K |
|
874
Camden Property Trust
CPT
$10.8B
| $472K | ﹤0.01% |
+4,652
| New | +$447K |
|
|
PR
875
Permian Resources
PR
$19.9B
| $440K | ﹤0.01% |
+50,000
| New | +$568K |
|
Similar funds
Steven Cohen's Q1 2019 Portfolio in Review
As of Q1 2019, Steven Cohen held 1,362 positions worth $22B, up 7.6% from $20.5B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Steven Cohen withdrew a net $1.52B in Q1 2019, closing 372 positions and reducing 305 holdings. Its most notable exit was Baxter International, an estimated $223M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 9.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Fidelity National Information Services worth $210M.
- Steven Cohen's largest Q1 2019 buy was Fidelity National Information Services: 1,858,246 shares worth $210M.
- Steven Cohen added most to Walt Disney in Q1 2019, an estimated $254M increase.
- Steven Cohen's biggest Q1 2019 reduction was First Data Corporation, cutting an estimated $224M.
- Steven Cohen fully exited Baxter International in Q1 2019, selling an estimated $223M.
- Steven Cohen's ten largest holdings make up 18% of its $22B portfolio in Q1 2019.
- Steven Cohen opened 440 new positions and closed 372 in Q1 2019.
- Steven Cohen's portfolio value rose 7.6% quarter-over-quarter to $22B.
Based on Point72 Asset Management's 13F filing for Q1 2019, filed 15 May 2019.