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 |
Alibaba
BABA
|
+$279M |
| 2 |
Biogen
BIIB
|
+$260M |
| 3 |
AstraZeneca
AZN
|
+$180M |
| 4 |
Dell
DELL
|
+$172M |
| 5 |
Workday
WDAY
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Uber
UBER
|
+$200M |
| 2 |
Humana
HUM
|
+$147M |
| 3 |
ConocoPhillips
COP
|
+$147M |
| 4 |
Coca-Cola
KO
|
+$142M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$128M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.09% |
| 2 | Technology | 17.47% |
| 3 | Consumer Discretionary | 12.5% |
| 4 | Financials | 6.93% |
| 5 | Industrials | 6.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
PUT
Stryker
SYK
$126B
| – | – |
-3,700
| Closed | -$736K |
|
1677
AT&T
T
$173B
| – | – |
-820,100
| Closed | -$17.2M |
|
1678
Talos Energy
TALO
$2.92B
| – | – |
-572,098
| Closed | -$8.85M |
|
1679
Theravance Biopharma
TBPH
$883M
| – | – |
-105,900
| Closed | -$959K |
|
1680
Tactile Systems Technology
TCMD
$540M
| – | – |
-425,000
| Closed | -$3.1M |
|
1681
Alaunos Therapeutics
TCRT
$4.47M
| – | – |
-6,667
| Closed | -$1.24M |
|
1682
CALL
Teck Resources
TECK
$33.9B
| – | – |
-300,000
| Closed | -$9.17M |
|
|
TERN
1683
DELISTED
Terns Pharmaceuticals
TERN
| – | – |
-500,000
| Closed | -$1.24M |
|
1684
Teva Pharmaceuticals
TEVA
$43.5B
| – | – |
-6,653,979
| Closed | -$58.8M |
|
|
1685
PUT
Teva Pharmaceuticals
TEVA
$43.5B
| – | – |
-63,300
| Closed | -$476K |
|
1686
Truist Financial
TFC
$61.6B
| – | – |
-207,709
| Closed | -$9.99M |
|
1687
CALL
Target
TGT
$75.1B
| – | – |
-20,000
| Closed | -$2.83M |
|
1688
Tenet Healthcare
THC
$22.6B
| – | – |
-567,500
| Closed | -$29.8M |
|
1689
CALL
Thor Industries
THO
$4.14B
| – | – |
-35,000
| Closed | -$2.62M |
|
|
1690
PUT
Thor Industries
THO
$4.14B
| – | – |
-35,000
| Closed | -$2.62M |
|
1691
CALL
TJX Companies
TJX
$155B
| – | – |
-110,000
| Closed | -$6.14M |
|
1692
Transmedics
TMDX
$3.29B
| – | – |
-11,100
| Closed | -$349K |
|
|
TMHC
1693
DELISTED
Taylor Morrison
TMHC
| – | – |
-37,600
| Closed | -$878K |
|
1694
Toast
TOST
$21.2B
| – | – |
-306,200
| Closed | -$5.31M |
|
1695
CALL
Tapestry
TPR
$26B
| – | – |
-75,000
| Closed | -$2.29M |
|
1696
PUT
Trex
TREX
$4.77B
| – | – |
-50,000
| Closed | -$2.72M |
|
1697
Trimble
TRMB
$14B
| – | – |
-123,900
| Closed | -$7.21M |
|
1698
PUT
Tesla
TSLA
$1.43T
| – | – |
-21,900
| Closed | -$4.92M |
|
1699
Tyson Foods
TSN
$20.6B
| – | – |
-53,300
| Closed | -$4.59M |
|
1700
Trane Technologies
TT
$99.8B
| – | – |
-116,354
| Closed | -$15.1M |
|
Similar funds
Steven Cohen's Q3 2022 Portfolio in Review
As of Q3 2022, Steven Cohen held 1,851 positions worth $25B, up 5.6% from $23.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Steven Cohen deployed $2.13B of net new capital in Q3 2022, opening 467 new positions and adding to 358 existing holdings. Its largest new stake was Dell: 4,076,922 shares worth $139M.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Uber, an estimated $200M trimmed.
- Steven Cohen's largest Q3 2022 buy was Dell: 4,076,922 shares worth $139M.
- Steven Cohen added most to Alibaba in Q3 2022, an estimated $279M increase.
- Steven Cohen's biggest Q3 2022 reduction was Uber, cutting an estimated $200M.
- Steven Cohen fully exited Coca-Cola in Q3 2022, selling an estimated $142M.
- Steven Cohen's ten largest holdings make up 11% of its $25B portfolio in Q3 2022.
- Steven Cohen opened 467 new positions and closed 479 in Q3 2022.
- Steven Cohen's portfolio value rose 5.6% quarter-over-quarter to $25B.
Based on Point72 Asset Management's 13F filing for Q3 2022, filed 14 Nov 2022.