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
|
+$280M |
| 2 |
Advance Auto Parts
AAP
|
+$253M |
| 3 |
Nike
NKE
|
+$151M |
| 4 |
Signet Jewelers
SIG
|
+$139M |
| 5 |
Corning
GLW
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$385M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$254M |
| 3 |
Comcast
CMCSA
|
+$124M |
| 4 |
Microsoft
MSFT
|
+$100M |
| 5 |
lululemon athletica
LULU
|
+$88.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 22.78% |
| 2 | Healthcare | 16.38% |
| 3 | Energy | 11.96% |
| 4 | Industrials | 10.78% |
| 5 | Communication Services | 7.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Citigroup
C
$221B
| $35.9M | 0.3% |
+692,800
| New | +$36.8M |
|
102
Xylem
XYL
$26.5B
| $35.7M | 0.29% |
978,700
-3,750
| -0.4% | -$136K |
|
103
Medtronic
MDT
$119B
| $35.5M | 0.29% |
461,800
-39,100
| -8% | -$2.94M |
|
104
Magna International
MGA
$19.5B
| $34.6M | 0.29% |
853,500
-129,200
| -13% | -$6.01M |
|
105
Baxter International
BAX
$13.6B
| $33.9M | 0.28% |
+888,700
| New | +$32.5M |
|
106
PPG Industries
PPG
$25.3B
| $33.7M | 0.28% |
341,100
-638,525
| -65% | -$64.5M |
|
|
SLCA
107
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $33.4M | 0.28% |
1,783,800
+1,110,800
| +165% | +$20.8M |
|
108
Molson Coors Class B
TAP
$8.01B
| $32.8M | 0.27% |
348,700
-150,900
| -30% | -$13.6M |
|
109
Intuitive Surgical
ISRG
$134B
| $32.1M | 0.26% |
528,300
+454,500
| +616% | +$25.5M |
|
110
Air Products & Chemicals
APD
$67.9B
| $32.1M | 0.26% |
266,358
-82,497
| -24% | -$10.4M |
|
|
BWLD
111
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $31.2M | 0.26% |
195,600
-167,300
| -46% | -$27.9M |
|
|
WMGI
112
DELISTED
Wright Medical Group Inc
WMGI
| $30.8M | 0.25% |
+1,272,900
| New | +$27.6M |
|
113
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $30.6M | 0.25% |
521,000
+150,000
| +40% | +$9.04M |
|
114
Nucor
NUE
$55.3B
| $30.1M | 0.25% |
746,500
-318,500
| -30% | -$13.1M |
|
115
UnitedHealth
UNH
$350B
| $29.5M | 0.24% |
250,600
+222,900
| +805% | +$26.1M |
|
|
NLSN
116
DELISTED
Nielsen Holdings plc
NLSN
| $28.9M | 0.24% |
+619,500
| New | +$29.1M |
|
|
LVLT
117
DELISTED
Level 3 Communications Inc
LVLT
| $28.7M | 0.24% |
528,700
+276,400
| +110% | +$13.8M |
|
118
CALL
Marathon Petroleum
MPC
$101B
| $28.5M | 0.24% |
+550,000
| New | +$28.8M |
|
119
Louisiana-Pacific
LPX
$5.12B
| $28.4M | 0.23% |
1,575,100
-373,627
| -19% | -$6.47M |
|
120
Packaging Corp of America
PKG
$22.5B
| $28.4M | 0.23% |
+449,800
| New | +$29.6M |
|
|
CMBT
121
CMB.TECH NV
CMBT
$5.24B
| $28.3M | 0.23% |
2,062,600
+334,100
| +19% | +$4.73M |
|
122
Trane Technologies
TT
$99.8B
| $28.1M | 0.23% |
507,800
-288,600
| -36% | -$16.2M |
|
123
Integra LifeSciences
IART
$1.3B
| $27.5M | 0.23% |
810,200
-96,600
| -11% | -$3.02M |
|
124
Liberty Media Series C
FWONK
$26.3B
| $27M | 0.22% |
1,002,648
+992,052
| +9,363% | +$26.9M |
|
125
Newell Brands
NWL
$2.59B
| $26.9M | 0.22% |
+611,300
| New | +$26.8M |
|
Similar funds
Steven Cohen's Q4 2015 Portfolio in Review
As of Q4 2015, Steven Cohen held 986 positions worth $12.1B, down 4.8% from $12.7B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Steven Cohen withdrew a net $1.08B in Q4 2015, closing 321 positions and reducing 216 holdings. Its most notable exit was Comcast, an estimated $124M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 23% of assets, up from 19% a quarter earlier, followed by Healthcare and Energy.
Against the trend, Steven Cohen opened a new position in Alphabet (Google) Class A worth $294M.
- Steven Cohen's largest Q4 2015 buy was Alphabet (Google) Class A: 7,562,000 shares worth $294M.
- Steven Cohen added most to Nike in Q4 2015, an estimated $151M increase.
- Steven Cohen's biggest Q4 2015 reduction was Amazon, cutting an estimated $385M.
- Steven Cohen fully exited Comcast in Q4 2015, selling an estimated $124M.
- Steven Cohen's ten largest holdings make up 16% of its $12.1B portfolio in Q4 2015.
- Steven Cohen opened 240 new positions and closed 321 in Q4 2015.
- Steven Cohen's portfolio value fell 4.8% quarter-over-quarter to $12.1B.
Based on Point72 Asset Management's 13F filing for Q4 2015, filed 16 Feb 2016.