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 | |
|---|---|---|---|---|---|---|
1976
CALL
Fluence Energy
FLNC
$1.64B
| $2.98M | ﹤0.01% |
216,500
-25,400
| -11% | -$509K |
|
|
NBIS
1977
CALL
Nebius Group N.V.
NBIS
$59.4B
| $2.98M | ﹤0.01% |
28,700
-215,500
| -88% | -$21.5M |
|
|
FLY
1978
CALL
Firefly Aerospace
FLY
$3.71B
| $2.98M | ﹤0.01% |
+104,500
| New | +$2.54M |
|
1979
PUT
Celcuity
CELC
$4.56B
| $2.97M | ﹤0.01% |
+26,000
| New | +$2.84M |
|
1980
Iridium Communications
IRDM
$5.05B
| $2.96M | ﹤0.01% |
106,833
-141,628
| -57% | -$3.19M |
|
1981
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $2.95M | ﹤0.01% |
+46,085
| New | +$3.04M |
|
1982
Conagra Brands
CAG
$7.69B
| $2.95M | ﹤0.01% |
+187,444
| New | +$3.31M |
|
1983
PUT
H&R Block
HRB
$6.47B
| $2.94M | ﹤0.01% |
+92,700
| New | +$3.23M |
|
1984
Ovid Therapeutics
OVID
$572M
| $2.93M | ﹤0.01% |
1,320,610
-2,230,519
| -63% | -$3.99M |
|
1985
CALL
InterDigital
IDCC
$8.64B
| $2.93M | ﹤0.01% |
9,700
-9,000
| -48% | -$3.06M |
|
|
FPS
1986
PUT
Forgent Power Solutions
FPS
$8.22B
| $2.93M | ﹤0.01% |
+100,000
| New | +$3.33M |
|
1987
BigBear.ai
BBAI
$1.53B
| $2.92M | ﹤0.01% |
+830,264
| New | +$3.86M |
|
1988
PUT
SoFi Technologies
SOFI
$24.8B
| $2.91M | ﹤0.01% |
183,100
-595,000
| -76% | -$12.5M |
|
1989
Indivior Pharmaceuticals
INDV
$4.17B
| $2.89M | ﹤0.01% |
94,943
-1,726,929
| -95% | -$57M |
|
1990
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.41B
| $2.89M | ﹤0.01% |
+70,759
| New | +$2.97M |
|
1991
Sprinklr
CXM
$1.86B
| $2.89M | ﹤0.01% |
481,437
-65,750
| -12% | -$408K |
|
1992
Blue Bird Corp
BLBD
$1.9B
| $2.89M | ﹤0.01% |
50,833
-34,893
| -41% | -$1.88M |
|
1993
Wynn Resorts
WYNN
$9.64B
| $2.88M | ﹤0.01% |
+28,368
| New | +$3.1M |
|
1994
Mercury Insurance
MCY
$5.69B
| $2.87M | ﹤0.01% |
32,590
-12,728
| -28% | -$1.14M |
|
1995
Abercrombie & Fitch
ANF
$6.48B
| $2.87M | ﹤0.01% |
+31,421
| New | +$3.05M |
|
1996
Vanguard Financials ETF
VFH
$13.9B
| $2.87M | ﹤0.01% |
23,738
+13,082
| +123% | +$1.67M |
|
1997
Alpha and Omega Semiconductor
AOSL
$794M
| $2.87M | ﹤0.01% |
+129,287
| New | +$2.81M |
|
1998
Mativ Holdings
MATV
$672M
| $2.86M | ﹤0.01% |
329,222
+142,305
| +76% | +$1.63M |
|
|
NTSK
1999
Netskope Inc
NTSK
$6.11B
| $2.86M | ﹤0.01% |
+336,530
| New | +$4.18M |
|
2000
Chunghwa Telecom
CHT
$33.3B
| $2.85M | ﹤0.01% |
67,581
+30,046
| +80% | +$1.28M |
|
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.