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 |
T-Mobile US
TMUS
|
+$201M |
| 2 |
Take-Two Interactive
TTWO
|
+$173M |
| 3 |
BILL Holdings
BILL
|
+$156M |
| 4 |
CrowdStrike
CRWD
|
+$148M |
| 5 |
ServiceNow
NOW
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Merck
MRK
|
+$211M |
| 2 |
Booking.com
BKNG
|
+$192M |
| 3 |
Cenovus Energy
CVE
|
+$155M |
| 4 |
Target
TGT
|
+$152M |
| 5 |
FedEx
FDX
|
+$147M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 21.16% |
| 2 | Technology | 16.3% |
| 3 | Consumer Discretionary | 10.77% |
| 4 | Financials | 7.27% |
| 5 | Industrials | 6.7% |
Similar funds
Steven Cohen's Q2 2022 Portfolio in Review
As of Q2 2022, Steven Cohen held 1,748 positions worth $23.7B, down 5.9% from $25.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Steven Cohen deployed $2.09B of net new capital in Q2 2022, opening 602 new positions and adding to 352 existing holdings. Its largest new stake was Domino's: 340,938 shares worth $133M.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, down from 23% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Merck, an estimated $211M trimmed.
- Steven Cohen's largest Q2 2022 buy was Domino's: 340,938 shares worth $133M.
- Steven Cohen added most to T-Mobile US in Q2 2022, an estimated $201M increase.
- Steven Cohen's biggest Q2 2022 reduction was Merck, cutting an estimated $211M.
- Steven Cohen fully exited Cenovus Energy in Q2 2022, selling an estimated $155M.
- Steven Cohen's ten largest holdings make up 11% of its $23.7B portfolio in Q2 2022.
- Steven Cohen opened 602 new positions and closed 370 in Q2 2022.
- Steven Cohen's portfolio value fell 5.9% quarter-over-quarter to $23.7B.
Based on Point72 Asset Management's 13F filing for Q2 2022, filed 15 Aug 2022.