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 |
Amazon
AMZN
|
+$363M |
| 2 |
ANDV
Andeavor
ANDV
|
+$129M |
| 3 |
Broadcom
AVGO
|
+$90.1M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$88.3M |
| 5 |
Intel
INTC
|
+$82.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$219M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$196M |
| 3 |
Lowe's Companies
LOW
|
+$112M |
| 4 |
TWX
Time Warner Inc
TWX
|
+$101M |
| 5 |
Monster Beverage
MNST
|
+$98M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.51% |
| 2 | Energy | 13.39% |
| 3 | Healthcare | 12.74% |
| 4 | Technology | 7.13% |
| 5 | Industrials | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
CALL
Trip.com Group
TCOM
$29B
| – | – |
-175,000
| Closed | -$7.75M |
|
|
877
Trip.com Group
TCOM
$29B
| – | – |
-500,000
| Closed | -$22.1M |
|
878
TransDigm Group
TDG
$66.4B
| – | – |
-1,100
| Closed | -$242K |
|
879
CALL
Terex
TEX
$7.6B
| – | – |
-110,000
| Closed | -$2.74M |
|
|
TGI
880
DELISTED
Triumph Group
TGI
| – | – |
-38,700
| Closed | -$1.22M |
|
881
Target
TGT
$75.1B
| – | – |
-16,000
| Closed | -$1.32M |
|
|
882
PUT
Target
TGT
$75.1B
| – | – |
-60,000
| Closed | -$4.94M |
|
883
Toll Brothers
TOL
$13.7B
| – | – |
-344,700
| Closed | -$10.2M |
|
884
Trinity Industries
TRN
$2.37B
| – | – |
-750,616
| Closed | -$9.89M |
|
885
Tenaris
TS
$26.6B
| – | – |
-75,000
| Closed | -$1.86M |
|
886
PUT
Tesla
TSLA
$1.43T
| – | – |
-3,000,000
| Closed | -$46M |
|
887
CALL
Under Armour
UAA
$2.32B
| – | – |
-400,000
| Closed | -$17M |
|
888
UnitedHealth
UNH
$350B
| – | – |
-3,900
| Closed | -$503K |
|
889
Urban Outfitters
URBN
$6.36B
| – | – |
-42,800
| Closed | -$1.42M |
|
890
Universal Insurance Holdings
UVE
$1.18B
| – | – |
-37,700
| Closed | -$671K |
|
891
Valero Energy
VLO
$100B
| – | – |
-65,000
| Closed | -$4.17M |
|
892
Vera Bradley
VRA
$89.6M
| – | – |
-370,140
| Closed | -$7.53M |
|
893
Vertex Pharmaceuticals
VRTX
$139B
| – | – |
-838,700
| Closed | -$66.7M |
|
894
Verizon
VZ
$205B
| – | – |
-267,000
| Closed | -$13.8M |
|
895
Wabtec
WAB
$50.3B
| – | – |
-383,700
| Closed | -$30.4M |
|
896
Welltower
WELL
$172B
| – | – |
-56,800
| Closed | -$3.94M |
|
897
Wendy's
WEN
$1.72B
| – | – |
-422,000
| Closed | -$4.6M |
|
898
W.R. Berkley
WRB
$25.5B
| – | – |
-141,750
| Closed | -$2.36M |
|
899
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| – | – |
-490,000
| Closed | -$27.2M |
|
900
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| – | – |
-20,250
| Closed | -$502K |
|
Similar funds
Steven Cohen's Q2 2016 Portfolio in Review
As of Q2 2016, Steven Cohen held 984 positions worth $14.7B, up 13% from $13B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Steven Cohen deployed $1.36B of net new capital in Q2 2016, opening 280 new positions and adding to 219 existing holdings. Its largest new stake was Broadcom: 5,916,100 shares worth $91.9M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 20% of assets, up from 16% a quarter earlier, followed by Energy and Healthcare.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $219M trimmed.
- Steven Cohen's largest Q2 2016 buy was Broadcom: 5,916,100 shares worth $91.9M.
- Steven Cohen added most to Amazon in Q2 2016, an estimated $363M increase.
- Steven Cohen's biggest Q2 2016 reduction was Meta Platforms (Facebook), cutting an estimated $219M.
- Steven Cohen fully exited Alphabet (Google) Class A in Q2 2016, selling an estimated $196M.
- Steven Cohen's ten largest holdings make up 25% of its $14.7B portfolio in Q2 2016.
- Steven Cohen opened 280 new positions and closed 280 in Q2 2016.
- Steven Cohen's portfolio value rose 13% quarter-over-quarter to $14.7B.
Based on Point72 Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.