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 | |
|---|---|---|---|---|---|---|
1001
Carter's
CRI
$1.31B
| – | – |
-16,400
| Closed | -$1.71M |
|
1002
Carpenter Technology
CRS
$24.4B
| – | – |
-156,700
| Closed | -$6.91M |
|
1003
Caesarstone
CSTE
$122M
| – | – |
-18,200
| Closed | -$358K |
|
|
CTRA
1004
CALL
DELISTED
Coterra Energy
CTRA
| – | – |
-200,000
| Closed | -$4.8M |
|
1005
Commault Systems
CVLT
$5.55B
| – | – |
-166,100
| Closed | -$9.5M |
|
1006
Camping World
CWH
$676M
| – | – |
-706,416
| Closed | -$17.6M |
|
1007
Crane NXT
CXT
$2.89B
| – | – |
-100,765
| Closed | -$3.25M |
|
1008
Delta Air Lines
DAL
$54.2B
| – | – |
-280,000
| Closed | -$15.3M |
|
1009
Dropbox
DBX
$7.5B
| – | – |
-15,000
| Closed | -$469K |
|
1010
CALL
DuPont de Nemours
DD
$18.7B
| – | – |
-78,976
| Closed | -$12.7M |
|
1011
Donnelley Financial Solutions
DFIN
$1.19B
| – | – |
-201,200
| Closed | -$3.46M |
|
1012
D.R. Horton
DHI
$41.5B
| – | – |
-720,600
| Closed | -$31.6M |
|
1013
Dollar Tree
DLTR
$25.3B
| – | – |
-519,599
| Closed | -$49.3M |
|
1014
Dover
DOV
$27.2B
| – | – |
-132,837
| Closed | -$10.5M |
|
1015
Domino's
DPZ
$11.3B
| – | – |
-52,257
| Closed | -$12.2M |
|
1016
Duke Energy
DUK
$93.4B
| – | – |
-55,400
| Closed | -$4.29M |
|
|
EA
1017
CALL
DELISTED
Electronic Arts
EA
| – | – |
-109,600
| Closed | -$13.3M |
|
1018
Consolidated Edison
ED
$39.3B
| – | – |
-19,300
| Closed | -$1.5M |
|
1019
CALL
New Oriental
EDU
$8.88B
| – | – |
-250,000
| Closed | -$21.9M |
|
|
1020
New Oriental
EDU
$8.88B
| – | – |
-278,700
| Closed | -$24.4M |
|
1021
iShares MSCI Emerging Markets ETF
EEM
$31.2B
| – | – |
-10,000
| Closed | -$463K |
|
1022
Emcor
EME
$34.3B
| – | – |
-18,800
| Closed | -$1.47M |
|
1023
EOG Resources
EOG
$80.3B
| – | – |
-539,290
| Closed | -$56.8M |
|
1024
Essex Property Trust
ESS
$18.6B
| – | – |
-5,400
| Closed | -$1.3M |
|
1025
Eaton
ETN
$163B
| – | – |
-997,397
| Closed | -$79.7M |
|
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.