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 |
Broadcom
AVGO
|
+$215M |
| 2 |
VICI Properties
VICI
|
+$192M |
| 3 |
NXP Semiconductors
NXPI
|
+$184M |
| 4 |
Regeneron Pharmaceuticals
REGN
|
+$161M |
| 5 |
Meta Platforms (Facebook)
META
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$413M |
| 2 |
APC
Anadarko Petroleum
APC
|
+$340M |
| 3 |
Netflix
NFLX
|
+$306M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$262M |
| 5 |
Marvell Technology
MRVL
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.79% |
| 2 | Technology | 16.35% |
| 3 | Consumer Discretionary | 15.12% |
| 4 | Financials | 8.97% |
| 5 | Energy | 7.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Dillards
DDS
$9.71B
| – | – |
-50,812
| Closed | -$3.66M |
|
1377
CALL
Deere & Co
DE
$175B
| – | – |
-50,000
| Closed | -$7.99M |
|
1378
DHT Holdings
DHT
$3.2B
| – | – |
-68,800
| Closed | -$307K |
|
1379
CALL
Delek US
DK
$4.38B
| – | – |
-400,000
| Closed | -$14.6M |
|
|
1380
Delek US
DK
$4.38B
| – | – |
-479,032
| Closed | -$17.4M |
|
1381
Darden Restaurants
DRI
$25.2B
| – | – |
-409,375
| Closed | -$49.7M |
|
1382
CALL
DexCom
DXCM
$34.8B
| – | – |
-200,000
| Closed | -$5.96M |
|
1383
ENI
E
$81.5B
| – | – |
-172,559
| Closed | -$6.08M |
|
|
EA
1384
DELISTED
Electronic Arts
EA
| – | – |
-1,491,734
| Closed | -$152M |
|
1385
GrafTech
EAF
$178M
| – | – |
-5,334
| Closed | -$682K |
|
1386
Elevance Health
ELV
$86.9B
| – | – |
-602,597
| Closed | -$173M |
|
1387
EnerSys
ENS
$6.84B
| – | – |
-5,554
| Closed | -$362K |
|
1388
Edgewell Personal Care
EPC
$1.32B
| – | – |
-8,925
| Closed | -$392K |
|
1389
Equinix
EQIX
$105B
| – | – |
-31,306
| Closed | -$14.2M |
|
1390
Element Solutions
ESI
$8.6B
| – | – |
-1,910
| Closed | -$19K |
|
1391
Evolent Health
EVH
$536M
| – | – |
-109,259
| Closed | -$1.37M |
|
1392
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| – | – |
-75,000
| Closed | -$3.07M |
|
1393
FirstCash
FCFS
$9.77B
| – | – |
-18,567
| Closed | -$1.61M |
|
1394
CALL
FedEx
FDX
$76.9B
| – | – |
-50,000
| Closed | -$9.07M |
|
|
FISV
1395
Fiserv Inc
FISV
$28B
| – | – |
-2,138,614
| Closed | -$189M |
|
1396
FMC
FMC
$1.38B
| – | – |
-186,000
| Closed | -$14.3M |
|
1397
Floor & Decor
FND
$5.78B
| – | – |
-112,949
| Closed | -$4.66M |
|
1398
Federal Realty Investment Trust
FRT
$10.1B
| – | – |
-9,171
| Closed | -$1.26M |
|
1399
TechnipFMC
FTI
$30.4B
| – | – |
-3,649,774
| Closed | -$63.9M |
|
1400
Liberty Media Series A
FWONA
$24.2B
| – | – |
-55,644
| Closed | -$1.81M |
|
Similar funds
Steven Cohen's Q2 2019 Portfolio in Review
As of Q2 2019, Steven Cohen held 1,669 positions worth $19.1B, down 13% from $22B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Steven Cohen withdrew a net $3.81B in Q2 2019, closing 371 positions and reducing 350 holdings. Its most notable exit was Anadarko Petroleum, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 13% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in VICI Properties worth $189M.
- Steven Cohen's largest Q2 2019 buy was VICI Properties: 8,576,969 shares worth $189M.
- Steven Cohen added most to Broadcom in Q2 2019, an estimated $215M increase.
- Steven Cohen's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $413M.
- Steven Cohen fully exited Anadarko Petroleum in Q2 2019, selling an estimated $340M.
- Steven Cohen's ten largest holdings make up 15% of its $19.1B portfolio in Q2 2019.
- Steven Cohen opened 680 new positions and closed 371 in Q2 2019.
- Steven Cohen's portfolio value fell 13% quarter-over-quarter to $19.1B.
Based on Point72 Asset Management's 13F filing for Q2 2019, filed 14 Aug 2019.