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 |
Microsoft
MSFT
|
+$431M |
| 2 |
NVIDIA
NVDA
|
+$220M |
| 3 |
Micron Technology
MU
|
+$182M |
| 4 |
Union Pacific
UNP
|
+$168M |
| 5 |
Southern Company
SO
|
+$162M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$459M |
| 2 |
Meta Platforms (Facebook)
META
|
+$403M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$380M |
| 4 |
Salesforce
CRM
|
+$271M |
| 5 |
Intel
INTC
|
+$271M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.27% |
| 2 | Technology | 16.9% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Industrials | 9.63% |
| 5 | Energy | 5.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
PUT
Ferguson
FERG
$45B
| $1.02M | ﹤0.01% |
+6,500
| New | +$926K |
|
1102
CALL
TJX Companies
TJX
$154B
| $1M | ﹤0.01% |
11,800
+5,200
| +79% | +$410K |
|
1103
CALL
eBay
EBAY
$47.2B
| $997K | ﹤0.01% |
22,300
| – | – |
|
|
DFS
1104
PUT
DELISTED
Discover Financial Services
DFS
| $993K | ﹤0.01% |
8,500
+1,900
| +29% | +$199K |
|
1105
BorgWarner
BWA
$13.3B
| $982K | ﹤0.01% |
22,818
-661,839
| -97% | -$27.2M |
|
1106
Clear Channel Outdoor Holdings
CCO
$1.21B
| $980K | ﹤0.01% |
+715,500
| New | +$890K |
|
1107
Intercontinental Exchange
ICE
$90.8B
| $975K | ﹤0.01% |
+8,620
| New | +$933K |
|
1108
Sutro Biopharma
STRO
$356M
| $972K | ﹤0.01% |
+20,900
| New | +$1.04M |
|
1109
CALL
Waste Management
WM
$88.8B
| $971K | ﹤0.01% |
+5,600
| New | +$926K |
|
1110
Broadstone Net Lease
BNL
$4.41B
| $968K | ﹤0.01% |
62,700
-251,839
| -80% | -$4.03M |
|
1111
Aecom
ACM
$8.08B
| $957K | ﹤0.01% |
11,300
-347,400
| -97% | -$28.5M |
|
|
RWT
1112
PUT
Redwood Trust
RWT
$593M
| $956K | ﹤0.01% |
+150,000
| New | +$937K |
|
1113
Seer Inc
SEER
$113M
| $949K | ﹤0.01% |
222,200
+207,735
| +1,436% | +$812K |
|
1114
Silgan Holdings
SLGN
$4.51B
| $947K | ﹤0.01% |
20,200
-154,131
| -88% | -$7.49M |
|
1115
Red Robin
RRGB
$183M
| $935K | ﹤0.01% |
+67,622
| New | +$907K |
|
1116
PUT
Prospect Capital
PSEC
$1.2B
| $930K | ﹤0.01% |
+150,000
| New | +$965K |
|
1117
Stem
STEM
$54M
| $930K | ﹤0.01% |
8,129
-10,827
| -57% | -$1.07M |
|
1118
Atara Biotherapeutics
ATRA
$98.8M
| $921K | ﹤0.01% |
22,889
+21,799
| +2,000% | +$1.23M |
|
1119
Grocery Outlet
GO
$1.2B
| $914K | ﹤0.01% |
29,850
+22,818
| +324% | +$667K |
|
|
1120
Alphabet (Google) Class A
GOOGL
$4.24T
| $910K | ﹤0.01% |
7,606
-3,299,177
| -100% | -$380M |
|
1121
Booking.com
BKNG
$161B
| $899K | ﹤0.01% |
+8,325
| New | +$880K |
|
|
XYZ
1122
CALL
Block Inc
XYZ
$49.7B
| $892K | ﹤0.01% |
13,400
+9,700
| +262% | +$606K |
|
1123
CALL
Aflac
AFL
$58.2B
| $866K | ﹤0.01% |
+12,400
| New | +$830K |
|
1124
Strategy Inc
MSTR
$50.4B
| $864K | ﹤0.01% |
25,240
+18,240
| +261% | +$553K |
|
1125
Jones Lang LaSalle
JLL
$18.1B
| $857K | ﹤0.01% |
+5,500
| New | +$780K |
|
Similar funds
Steven Cohen's Q2 2023 Portfolio in Review
As of Q2 2023, Steven Cohen held 2,962 positions worth $33.6B, up 4.1% from $32.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Steven Cohen withdrew a net $1.43B in Q2 2023, closing 858 positions and reducing 601 holdings. Its most notable exit was Prometheus Biosciences, Inc. Common Stock, an estimated $157M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, down from 19% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Micron Technology worth $178M.
- Steven Cohen's largest Q2 2023 buy was Micron Technology: 2,825,000 shares worth $178M.
- Steven Cohen added most to Microsoft in Q2 2023, an estimated $431M increase.
- Steven Cohen's biggest Q2 2023 reduction was Broadcom, cutting an estimated $459M.
- Steven Cohen fully exited Prometheus Biosciences, Inc. Common Stock in Q2 2023, selling an estimated $157M.
- Steven Cohen's ten largest holdings make up 14% of its $33.6B portfolio in Q2 2023.
- Steven Cohen opened 772 new positions and closed 858 in Q2 2023.
- Steven Cohen's portfolio value rose 4.1% quarter-over-quarter to $33.6B.
Based on Point72 Asset Management's 13F filing for Q2 2023, filed 14 Aug 2023.