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 |
Ovintiv
OVV
|
+$223M |
| 2 |
Citigroup
C
|
+$221M |
| 3 |
Baxter International
BAX
|
+$212M |
| 4 |
Inogen
INGN
|
+$208M |
| 5 |
ConocoPhillips
COP
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$150M |
| 2 |
Comcast
CMCSA
|
+$145M |
| 3 |
Marathon Petroleum
MPC
|
+$142M |
| 4 |
Chevron
CVX
|
+$133M |
| 5 |
Apple
AAPL
|
+$125M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 21.52% |
| 2 | Energy | 12.68% |
| 3 | Consumer Discretionary | 11.38% |
| 4 | Technology | 9.61% |
| 5 | Financials | 8.49% |
Similar funds
Steven Cohen's Q4 2018 Portfolio in Review
As of Q4 2018, Steven Cohen held 1,363 positions worth $20.5B, down 16% from $24.3B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Steven Cohen deployed $927M of net new capital in Q4 2018, opening 384 new positions and adding to 273 existing holdings. Its largest new stake was Citigroup: 3,496,120 shares worth $182M.
By sector, the portfolio is most concentrated in Healthcare at 22% of assets, up from 16% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Microsoft, an estimated $150M trimmed.
- Steven Cohen's largest Q4 2018 buy was Citigroup: 3,496,120 shares worth $182M.
- Steven Cohen added most to Ovintiv in Q4 2018, an estimated $223M increase.
- Steven Cohen's biggest Q4 2018 reduction was Microsoft, cutting an estimated $150M.
- Steven Cohen fully exited Royal Dutch Shell PLC ADS Class A in Q4 2018, selling an estimated $124M.
- Steven Cohen's ten largest holdings make up 10% of its $20.5B portfolio in Q4 2018.
- Steven Cohen opened 384 new positions and closed 441 in Q4 2018.
- Steven Cohen's portfolio value fell 16% quarter-over-quarter to $20.5B.
Based on Point72 Asset Management's 13F filing for Q4 2018, filed 14 Feb 2019.