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
|
+$282M |
| 2 |
Marathon Petroleum
MPC
|
+$268M |
| 3 |
Hilton Worldwide
HLT
|
+$205M |
| 4 |
CZR
Caesars Entertainment Corporation
CZR
|
+$196M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$186M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wynn Resorts
WYNN
|
+$264M |
| 2 |
Broadcom
AVGO
|
+$255M |
| 3 |
Occidental Petroleum
OXY
|
+$244M |
| 4 |
Constellation Brands
STZ
|
+$236M |
| 5 |
Netflix
NFLX
|
+$220M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.88% |
| 2 | Consumer Discretionary | 12.35% |
| 3 | Energy | 11.72% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
976
Black Hills Corp
BKH
$5.47B
| – | – |
-1,778
| Closed | -$97K |
|
977
CALL
Booking.com
BKNG
$158B
| – | – |
-1,250,000
| Closed | -$104M |
|
978
Baker Hughes
BKR
$61.9B
| – | – |
-275,000
| Closed | -$7.64M |
|
979
Box
BOX
$4.56B
| – | – |
-321,100
| Closed | -$6.6M |
|
|
BPMC
980
DELISTED
Blueprint Medicines
BPMC
| – | – |
-279,957
| Closed | -$25.7M |
|
981
Peabody Energy
BTU
$3.37B
| – | – |
-128,500
| Closed | -$4.69M |
|
982
AB InBev
BUD
$155B
| – | – |
-31,700
| Closed | -$3.48M |
|
983
Blackstone Mortgage Trust
BXMT
$2.41B
| – | – |
-5,800
| Closed | -$182K |
|
984
Boyd Gaming
BYD
$5.87B
| – | – |
-2,872,674
| Closed | -$91.5M |
|
985
CACI
CACI
$14.3B
| – | – |
-48,900
| Closed | -$7.4M |
|
986
Cardinal Health
CAH
$53.4B
| – | – |
-1,266,327
| Closed | -$79.4M |
|
987
Cal-Maine
CALM
$3.87B
| – | – |
-35,600
| Closed | -$1.72M |
|
988
PUT
Caterpillar
CAT
$381B
| – | – |
-83,500
| Closed | -$12.3M |
|
989
PUT
Carnival Corporation Ltd
CCL
$35.2B
| – | – |
-250,000
| Closed | -$16.4M |
|
990
CALL
Crown Holdings
CCK
$13B
| – | – |
-425,000
| Closed | -$21.6M |
|
991
CALL
Celanese
CE
$5.14B
| – | – |
-100,000
| Closed | -$10M |
|
992
PUT
CF Industries
CF
$19.6B
| – | – |
-25,000
| Closed | -$943K |
|
993
Chord Energy
CHRD
$8.09B
| – | – |
-5,023,869
| Closed | -$57.2M |
|
994
Charter Communications
CHTR
$17.9B
| – | – |
-58,858
| Closed | -$16.9M |
|
995
Cummins
CMI
$80.9B
| – | – |
-96,700
| Closed | -$15.7M |
|
996
Canadian National Railway
CNI
$78.5B
| – | – |
-12,900
| Closed | -$943K |
|
997
CALL
Canadian Natural Resources
CNQ
$106B
| – | – |
-408,400
| Closed | -$6.29M |
|
998
Cooper Companies
COO
$14.9B
| – | – |
-912,468
| Closed | -$52.2M |
|
999
Coty
COTY
$2.41B
| – | – |
-13,900
| Closed | -$254K |
|
1000
Copa Holdings
CPA
$5.88B
| – | – |
-108,280
| Closed | -$12.1M |
|
Similar funds
Steven Cohen's Q2 2018 Portfolio in Review
As of Q2 2018, Steven Cohen held 1,321 positions worth $25.1B, up 4.7% from $23.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Steven Cohen's Q2 2018 filing shows 415 new, 234 increased, 276 reduced and 380 closed positions. Its largest new stake was Marathon Petroleum: 3,504,425 shares worth $246M. The largest sale was Wynn Resorts, an estimated $264M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Consumer Discretionary and Energy.
- Steven Cohen's largest Q2 2018 buy was Marathon Petroleum: 3,504,425 shares worth $246M.
- Steven Cohen added most to Alphabet (Google) Class A in Q2 2018, an estimated $282M increase.
- Steven Cohen's biggest Q2 2018 reduction was Wynn Resorts, cutting an estimated $264M.
- Steven Cohen fully exited Netflix in Q2 2018, selling an estimated $220M.
- Steven Cohen's ten largest holdings make up 12% of its $25.1B portfolio in Q2 2018.
- Steven Cohen opened 415 new positions and closed 380 in Q2 2018.
- Steven Cohen's portfolio value rose 4.7% quarter-over-quarter to $25.1B.
Based on Point72 Asset Management's 13F filing for Q2 2018, filed 14 Aug 2018.