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 |
Walt Disney
DIS
|
+$254M |
| 2 |
Marvell Technology
MRVL
|
+$248M |
| 3 |
Fidelity National Information Services
FIS
|
+$198M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$176M |
| 5 |
Elevance Health
ELV
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$443M |
| 2 |
FDC
First Data Corporation
FDC
|
+$224M |
| 3 |
Baxter International
BAX
|
+$223M |
| 4 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$221M |
| 5 |
Visa
V
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.5% |
| 2 | Healthcare | 13.29% |
| 3 | Consumer Discretionary | 11.89% |
| 4 | Energy | 9.85% |
| 5 | Communication Services | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
PUT
3M
MMM
$92.3B
| $44.7M | 0.2% |
+257,140
| New | +$43.3M |
|
127
Ralph Lauren
RL
$22.2B
| $44.3M | 0.2% |
341,323
+340,654
| +50,920% | +$40.6M |
|
128
LivaNova
LIVN
$4.34B
| $43.9M | 0.2% |
451,588
-690,439
| -60% | -$64.5M |
|
|
MGLN
129
DELISTED
Magellan Health Services, Inc.
MGLN
| $43.9M | 0.2% |
665,500
+246,389
| +59% | +$15.8M |
|
|
NVO
130
Novo Nordisk
NVO
$207B
| $43.5M | 0.2% |
1,662,208
-120,204
| -7% | -$2.95M |
|
131
Zimmer Biomet
ZBH
$19.3B
| $43.2M | 0.2% |
348,416
+154,364
| +80% | +$17.5M |
|
132
Chipotle Mexican Grill
CMG
$46.7B
| $42.5M | 0.19% |
2,993,350
-2,400,700
| -45% | -$27.9M |
|
|
CJ
133
DELISTED
C&J Energy Services, Inc.
CJ
| $42.5M | 0.19% |
2,739,573
-861,629
| -24% | -$13.9M |
|
134
Vulcan Materials
VMC
$35.8B
| $42.3M | 0.19% |
357,139
+74,882
| +27% | +$8.09M |
|
135
Bio-Rad Laboratories Class A
BIO
$10.2B
| $42M | 0.19% |
137,376
+10,901
| +9% | +$2.94M |
|
|
KSU
136
DELISTED
Kansas City Southern
KSU
| $41.5M | 0.19% |
357,579
+28,778
| +9% | +$3.11M |
|
137
Capri Holdings
CPRI
$1.55B
| $41.2M | 0.19% |
901,089
+865,189
| +2,410% | +$37.8M |
|
138
W.W. Grainger
GWW
$61.8B
| $41.2M | 0.19% |
+136,910
| New | +$40.7M |
|
139
Abbott
ABT
$202B
| $41.2M | 0.19% |
515,235
+151,935
| +42% | +$11.3M |
|
140
ON Semiconductor
ON
$28.9B
| $41.1M | 0.19% |
+2,000,187
| New | +$41.3M |
|
141
Morgan Stanley
MS
$336B
| $40.9M | 0.19% |
969,800
-1,620,580
| -63% | -$68.2M |
|
|
IPG
142
DELISTED
Interpublic Group of Companies
IPG
| $39.9M | 0.18% |
+1,898,307
| New | +$42.3M |
|
143
Willis Towers Watson
WTW
$31.8B
| $39.8M | 0.18% |
226,327
+204,627
| +943% | +$34M |
|
144
Cintas
CTAS
$81.6B
| $39.1M | 0.18% |
774,156
+688,356
| +802% | +$33.3M |
|
145
Ferrari
RACE
$76.7B
| $39.1M | 0.18% |
+291,996
| New | +$35.8M |
|
|
FSCT
146
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $39M | 0.18% |
929,947
-379,944
| -29% | -$13.6M |
|
|
DLPH
147
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $38.9M | 0.18% |
+2,019,424
| New | +$37.4M |
|
148
Keurig Dr Pepper
KDP
$43.6B
| $38.7M | 0.18% |
+1,382,550
| New | +$37.3M |
|
149
Boeing
BA
$169B
| $38.4M | 0.17% |
100,553
+81,219
| +420% | +$31.3M |
|
|
OPLN
150
Openlane
OPLN
$4.08B
| $38.3M | 0.17% |
1,973,474
+1,940,642
| +5,911% | +$36.6M |
|
Similar funds
Steven Cohen's Q1 2019 Portfolio in Review
As of Q1 2019, Steven Cohen held 1,362 positions worth $22B, up 7.6% from $20.5B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Steven Cohen withdrew a net $1.52B in Q1 2019, closing 372 positions and reducing 305 holdings. Its most notable exit was Baxter International, an estimated $223M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 9.6% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Fidelity National Information Services worth $210M.
- Steven Cohen's largest Q1 2019 buy was Fidelity National Information Services: 1,858,246 shares worth $210M.
- Steven Cohen added most to Walt Disney in Q1 2019, an estimated $254M increase.
- Steven Cohen's biggest Q1 2019 reduction was TotalEnergies, cutting an estimated $443M.
- Steven Cohen fully exited Baxter International in Q1 2019, selling an estimated $223M.
- Steven Cohen's ten largest holdings make up 18% of its $22B portfolio in Q1 2019.
- Steven Cohen opened 440 new positions and closed 372 in Q1 2019.
- Steven Cohen's portfolio value rose 7.6% quarter-over-quarter to $22B.
Based on Point72 Asset Management's 13F filing for Q1 2019, filed 15 May 2019.