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 |
Meta Platforms (Facebook)
META
|
+$540M |
| 2 |
Applied Materials
AMAT
|
+$417M |
| 3 |
Analog Devices
ADI
|
+$307M |
| 4 |
Amer Sports
AS
|
+$295M |
| 5 |
RTX Corp
RTX
|
+$292M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$966M |
| 2 |
Microsoft
MSFT
|
+$724M |
| 3 |
Coherent
COHR
|
+$632M |
| 4 |
NVIDIA
NVDA
|
+$441M |
| 5 |
Biogen
BIIB
|
+$369M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 30.66% |
| 2 | Technology | 19.36% |
| 3 | Consumer Discretionary | 9.65% |
| 4 | Healthcare | 8.65% |
| 5 | Industrials | 7.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Essex Property Trust
ESS
$18B
| $3.19M | ﹤0.01% |
+13,192
| New | +$3.33M |
|
1927
Gerdau
GGB
$9.22B
| $3.18M | ﹤0.01% |
880,433
-1,191,962
| -58% | -$4.69M |
|
|
USAR
1928
PUT
USA Rare Earth Inc
USAR
$4.71B
| $3.16M | ﹤0.01% |
+208,900
| New | +$4.05M |
|
1929
Bloomin' Brands
BLMN
$894M
| $3.16M | ﹤0.01% |
585,426
+190,457
| +48% | +$1.22M |
|
|
TEN
1930
Tsakos Energy Navigation Ltd
TEN
$1.27B
| $3.16M | ﹤0.01% |
80,109
-54,011
| -40% | -$1.66M |
|
1931
Kaiser Aluminum
KALU
$2.56B
| $3.16M | ﹤0.01% |
26,194
-3,642
| -12% | -$461K |
|
1932
Biohaven
BHVN
$2.43B
| $3.16M | ﹤0.01% |
373,099
-14,700
| -4% | -$161K |
|
1933
Global X Lithium & Battery Tech ETF
LIT
$1.65B
| $3.15M | ﹤0.01% |
42,395
+10,995
| +35% | +$787K |
|
1934
CALL
Dave Inc
DAVE
$4.77B
| $3.15M | ﹤0.01% |
18,100
+11,100
| +159% | +$2.16M |
|
1935
Centuri Holdings
CTRI
$2.13B
| $3.15M | ﹤0.01% |
107,745
-1,251,366
| -92% | -$36.5M |
|
1936
TriCo Bancshares
TCBK
$1.72B
| $3.15M | ﹤0.01% |
+66,189
| New | +$3.23M |
|
1937
CALL
Cintas
CTAS
$81.7B
| $3.15M | ﹤0.01% |
18,600
+5,200
| +39% | +$997K |
|
1938
Banner Corp
BANR
$2.38B
| $3.15M | ﹤0.01% |
51,840
-26,198
| -34% | -$1.62M |
|
1939
Sumitomo Mitsui Financial
SMFG
$162B
| $3.14M | ﹤0.01% |
159,100
-251,366
| -61% | -$5.28M |
|
1940
PUT
Vanguard Morningstar Value ETF
VTV
$193B
| $3.14M | ﹤0.01% |
16,000
+12,700
| +385% | +$2.54M |
|
1941
Upbound Group
UPBD
$1.12B
| $3.13M | ﹤0.01% |
+173,582
| New | +$3.38M |
|
1942
Toyota
TM
$227B
| $3.13M | ﹤0.01% |
15,176
-118,705
| -89% | -$26.8M |
|
1943
CALL
Huntington Ingalls Industries
HII
$11.7B
| $3.12M | ﹤0.01% |
8,200
+5,700
| +228% | +$2.35M |
|
1944
CALL
Thomson Reuters
TRI
$45.4B
| $3.11M | ﹤0.01% |
34,066
+30,423
| +835% | +$3.21M |
|
1945
PUT
Crocs
CROX
$5.83B
| $3.1M | ﹤0.01% |
37,400
-19,700
| -35% | -$1.69M |
|
1946
International Flavors & Fragrances
IFF
$22.2B
| $3.1M | ﹤0.01% |
+42,678
| New | +$3.13M |
|
1947
iShares MSCI Canada ETF
EWC
$6.91B
| $3.09M | ﹤0.01% |
+56,413
| New | +$3.13M |
|
1948
CALL
DigitalBridge
DBRG
$2.99B
| $3.08M | ﹤0.01% |
+200,000
| New | +$3.08M |
|
1949
CALL
Dycom Industries
DY
$9.25B
| $3.08M | ﹤0.01% |
9,100
+3,300
| +57% | +$1.24M |
|
1950
PUT
Enbridge
ENB
$109B
| $3.08M | ﹤0.01% |
56,800
-25,000
| -31% | -$1.27M |
|
Similar funds
Steven Cohen's Q1 2026 Portfolio in Review
As of Q1 2026, Steven Cohen held 4,705 positions worth $78.1B, down 13% from $89.4B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Steven Cohen withdrew a net $7.44B in Q1 2026, closing 1,001 positions and reducing 1,426 holdings. Its most notable exit was PepsiCo, an estimated $367M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 31% of assets, down from 33% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in PPL Corp worth $216M.
- Steven Cohen's largest Q1 2026 buy was PPL Corp: 5,659,324 shares worth $216M.
- Steven Cohen added most to Meta Platforms (Facebook) in Q1 2026, an estimated $540M increase.
- Steven Cohen's biggest Q1 2026 reduction was TSMC, cutting an estimated $966M.
- Steven Cohen fully exited PepsiCo in Q1 2026, selling an estimated $367M.
- Steven Cohen's ten largest holdings make up 11% of its $78.1B portfolio in Q1 2026.
- Steven Cohen opened 851 new positions and closed 1,001 in Q1 2026.
- Steven Cohen's portfolio value fell 13% quarter-over-quarter to $78.1B.
Based on Point72 Asset Management's 13F filing for Q1 2026, filed 15 May 2026.