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 | |
|---|---|---|---|---|---|---|
1026
Etsy
ETSY
$7.44B
| – | – |
-1,698,225
| Closed | -$47.7M |
|
1027
Evolent Health
EVH
$536M
| – | – |
-370,000
| Closed | -$5.27M |
|
1028
Evertec
EVTC
$1.79B
| – | – |
-226,300
| Closed | -$3.7M |
|
1029
CALL
Edwards Lifesciences
EW
$51.8B
| – | – |
-300,000
| Closed | -$14M |
|
|
1030
Edwards Lifesciences
EW
$51.8B
| – | – |
-600,000
| Closed | -$27.9M |
|
1031
iShares MSCI Mexico ETF
EWW
$1.86B
| – | – |
-10,000
| Closed | -$515K |
|
|
EXAS
1032
DELISTED
Exact Sciences
EXAS
| – | – |
-576,800
| Closed | -$23.3M |
|
1033
Exelon
EXC
$45.1B
| – | – |
-291,336
| Closed | -$8.11M |
|
1034
Exelixis
EXEL
$13.4B
| – | – |
-250,000
| Closed | -$5.54M |
|
1035
Extreme Networks
EXTR
$3B
| – | – |
-626,600
| Closed | -$6.94M |
|
1036
National Vision
EYE
$1.41B
| – | – |
-100,000
| Closed | -$3.23M |
|
1037
Fastenal
FAST
$58.8B
| – | – |
-55,200
| Closed | -$753K |
|
1038
FirstEnergy
FE
$26.6B
| – | – |
-292,715
| Closed | -$9.96M |
|
1039
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| – | – |
-150,000
| Closed | -$6.04M |
|
|
FISV
1040
Fiserv Inc
FISV
$28B
| – | – |
-97,200
| Closed | -$6.93M |
|
1041
Flex
FLEX
$40.8B
| – | – |
-326,309
| Closed | -$4.02M |
|
1042
Fluor
FLR
$7.01B
| – | – |
-100,000
| Closed | -$5.72M |
|
1043
Golub Capital BDC
GBDC
$3.43B
| – | – |
-10,547
| Closed | -$185K |
|
1044
The Greenbrier Companies
GBX
$1.42B
| – | – |
-104,700
| Closed | -$5.26M |
|
1045
CALL
GE Aerospace
GE
$361B
| – | – |
-67,815
| Closed | -$4.38M |
|
|
1046
GE Aerospace
GE
$361B
| – | – |
-17,340
| Closed | -$1.12M |
|
1047
Gen Digital
GEN
$17.3B
| – | – |
-58,383
| Closed | -$1.51M |
|
1048
CALL
Golar LNG
GLNG
$5.31B
| – | – |
-135,000
| Closed | -$3.69M |
|
1049
Gentex
GNTX
$4.98B
| – | – |
-555,210
| Closed | -$12.8M |
|
|
GOOS
1050
Canada Goose Holdings
GOOS
$854M
| – | – |
-5,200
| Closed | -$174K |
|
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.