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 |
iShares Core S&P 500 ETF
IVV
|
+$439M |
| 2 |
Amazon
AMZN
|
+$420M |
| 3 |
Micron Technology
MU
|
+$173M |
| 4 |
Coca-Cola
KO
|
+$157M |
| 5 |
Biogen
BIIB
|
+$149M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$497M |
| 2 |
TWTR
Twitter, Inc.
TWTR
|
+$274M |
| 3 |
Uber
UBER
|
+$271M |
| 4 |
IBM
IBM
|
+$223M |
| 5 |
Merck
MRK
|
+$186M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 22.62% |
| 2 | Technology | 20.62% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Financials | 6.73% |
| 5 | Industrials | 6.04% |
Similar funds
Steven Cohen's Q4 2021 Portfolio in Review
As of Q4 2021, Steven Cohen held 1,423 positions worth $25B, up 10% from $22.8B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steven Cohen deployed $1.29B of net new capital in Q4 2021, opening 394 new positions and adding to 303 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 952,000 shares worth $454M.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Salesforce, an estimated $497M trimmed.
- Steven Cohen's largest Q4 2021 buy was iShares Core S&P 500 ETF: 952,000 shares worth $454M.
- Steven Cohen added most to Amazon in Q4 2021, an estimated $420M increase.
- Steven Cohen's biggest Q4 2021 reduction was Salesforce, cutting an estimated $497M.
- Steven Cohen fully exited Twitter, Inc. in Q4 2021, selling an estimated $274M.
- Steven Cohen's ten largest holdings make up 16% of its $25B portfolio in Q4 2021.
- Steven Cohen opened 394 new positions and closed 365 in Q4 2021.
- Steven Cohen's portfolio value rose 10% quarter-over-quarter to $25B.
Based on Point72 Asset Management's 13F filing for Q4 2021, filed 14 Feb 2022.