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 |
Broadcom
AVGO
|
+$215M |
| 2 |
VICI Properties
VICI
|
+$192M |
| 3 |
NXP Semiconductors
NXPI
|
+$184M |
| 4 |
Regeneron Pharmaceuticals
REGN
|
+$161M |
| 5 |
Meta Platforms (Facebook)
META
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$413M |
| 2 |
APC
Anadarko Petroleum
APC
|
+$340M |
| 3 |
Netflix
NFLX
|
+$306M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$262M |
| 5 |
Marvell Technology
MRVL
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.79% |
| 2 | Technology | 16.35% |
| 3 | Consumer Discretionary | 15.12% |
| 4 | Financials | 8.97% |
| 5 | Energy | 7.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WPG
851
DELISTED
Washington Prime Group Inc.
WPG
| $473K | ﹤0.01% |
+13,749
| New | +$564K |
|
|
HPP
852
Hudson Pacific Properties
HPP
$798M
| $472K | ﹤0.01% |
2,026
-2,206
| -52% | -$530K |
|
853
Honeywell
HON
$68.1B
| $471K | ﹤0.01% |
2,865
-1,410
| -33% | -$224K |
|
854
Alexandria Real Estate Equities
ARE
$9.3B
| $469K | ﹤0.01% |
+3,323
| New | +$480K |
|
855
Qiagen
QGEN
$8.63B
| $468K | ﹤0.01% |
+10,887
| New | +$451K |
|
856
Brixmor Property Group
BRX
$9.08B
| $467K | ﹤0.01% |
+26,120
| New | +$469K |
|
857
Emerson Electric
EMR
$87.9B
| $467K | ﹤0.01% |
7,000
-21,400
| -75% | -$1.43M |
|
858
BHP
BHP
$247B
| $465K | ﹤0.01% |
8,968
-210,900
| -96% | -$10.2M |
|
|
UMPQ
859
DELISTED
Umpqua Holdings Corp
UMPQ
| $464K | ﹤0.01% |
+27,985
| New | +$473K |
|
860
Cummins
CMI
$78.7B
| $463K | ﹤0.01% |
2,700
-646,298
| -100% | -$106M |
|
|
VMRK
861
Vivmark Residential
VMRK
$25.5B
| $463K | ﹤0.01% |
6,101
-24,889
| -80% | -$1.9M |
|
862
Pebblebrook Hotel Trust
PEB
$2.07B
| $460K | ﹤0.01% |
+16,329
| New | +$494K |
|
863
Veeva Systems
VEEV
$40.4B
| $454K | ﹤0.01% |
2,801
-76,522
| -96% | -$11.2M |
|
864
Republic Services
RSG
$68.3B
| $451K | ﹤0.01% |
+5,200
| New | +$433K |
|
865
Snap-on
SNA
$20.4B
| $447K | ﹤0.01% |
+2,700
| New | +$439K |
|
866
Pilgrim's Pride
PPC
$7.57B
| $444K | ﹤0.01% |
17,496
-323,414
| -95% | -$8.37M |
|
867
Trustmark
TRMK
$2.7B
| $441K | ﹤0.01% |
+13,261
| New | +$448K |
|
868
United Bankshares
UBSI
$6.51B
| $440K | ﹤0.01% |
+11,865
| New | +$446K |
|
869
iShares MSCI Mexico ETF
EWW
$1.79B
| $434K | ﹤0.01% |
+10,000
| New | +$449K |
|
|
PDCE
870
DELISTED
PDC Energy, Inc.
PDCE
| $434K | ﹤0.01% |
+12,022
| New | +$453K |
|
|
USCR
871
DELISTED
U S Concrete, Inc.
USCR
| $431K | ﹤0.01% |
8,673
-97,233
| -92% | -$4.53M |
|
872
Canadian Solar
CSIQ
$972M
| $427K | ﹤0.01% |
+19,582
| New | +$388K |
|
873
Sunstone Hotel Investors
SHO
$2.1B
| $425K | ﹤0.01% |
31,015
+11,377
| +58% | +$161K |
|
|
BT
874
DELISTED
BT Group plc (ADR)
BT
| $425K | ﹤0.01% |
33,299
-132,578
| -80% | -$1.84M |
|
875
Diamondrock Hospitality Co
DRH
$2.61B
| $424K | ﹤0.01% |
40,991
+14,372
| +54% | +$152K |
|
Similar funds
Steven Cohen's Q2 2019 Portfolio in Review
As of Q2 2019, Steven Cohen held 1,669 positions worth $19.1B, down 13% from $22B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Steven Cohen withdrew a net $3.81B in Q2 2019, closing 371 positions and reducing 350 holdings. Its most notable exit was Anadarko Petroleum, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 13% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in VICI Properties worth $189M.
- Steven Cohen's largest Q2 2019 buy was VICI Properties: 8,576,969 shares worth $189M.
- Steven Cohen added most to Broadcom in Q2 2019, an estimated $215M increase.
- Steven Cohen's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $413M.
- Steven Cohen fully exited Anadarko Petroleum in Q2 2019, selling an estimated $340M.
- Steven Cohen's ten largest holdings make up 15% of its $19.1B portfolio in Q2 2019.
- Steven Cohen opened 680 new positions and closed 371 in Q2 2019.
- Steven Cohen's portfolio value fell 13% quarter-over-quarter to $19.1B.
Based on Point72 Asset Management's 13F filing for Q2 2019, filed 14 Aug 2019.