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 |
Shell
SHEL
|
+$256M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$194M |
| 3 |
NVIDIA
NVDA
|
+$186M |
| 4 |
MACOM Technology Solutions
MTSI
|
+$170M |
| 5 |
Pinterest
PINS
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$577M |
| 2 |
Apple
AAPL
|
+$351M |
| 3 |
Dell
DELL
|
+$278M |
| 4 |
Broadcom
AVGO
|
+$204M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.55% |
| 2 | Healthcare | 13.8% |
| 3 | Consumer Discretionary | 8.95% |
| 4 | Industrials | 7.59% |
| 5 | Energy | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
Omnicom Group
OMC
$24.4B
| – | – |
-651,316
| Closed | -$58.4M |
|
2202
Opendoor
OPEN
$3.4B
| – | – |
-1,395,109
| Closed | -$2.48M |
|
2203
OR Royalties Inc
OR
$6.97B
| – | – |
-22,100
| Closed | -$344K |
|
2204
Oracle
ORCL
$413B
| – | – |
-756,544
| Closed | -$110M |
|
2205
Oshkosh
OSK
$9.58B
| – | – |
-263,800
| Closed | -$28.5M |
|
2206
OneSpan
OSPN
$580M
| – | – |
-5,760
| Closed | -$73.8K |
|
2207
Blue Owl Capital
OWL
$18.1B
| – | – |
-4,114,660
| Closed | -$73M |
|
|
PDS
2208
Precision Drilling
PDS
$1.12B
| – | – |
-57,949
| Closed | -$4.07M |
|
2209
Public Service Enterprise Group
PEG
$36.4B
| – | – |
-1,452,746
| Closed | -$107M |
|
2210
Pegasystems
PEGA
$5.55B
| – | – |
-16,794
| Closed | -$508K |
|
2211
PepsiCo
PEP
$198B
| – | – |
-317,556
| Closed | -$54.6M |
|
2212
PepGen
PEPG
$221M
| – | – |
-145,174
| Closed | -$2.32M |
|
2213
Pfizer
PFE
$160B
| – | – |
-712,200
| Closed | -$20.8M |
|
2214
Principal Financial Group
PFG
$23.8B
| – | – |
-52,350
| Closed | -$4.11M |
|
2215
Provident Financial Services
PFS
$3.08B
| – | – |
-28,900
| Closed | -$415K |
|
2216
PUT
Procter & Gamble
PG
$339B
| – | – |
-72,000
| Closed | -$11.9M |
|
2217
Phinia Inc
PHIN
$2.61B
| – | – |
-50,878
| Closed | -$2M |
|
2218
Phreesia
PHR
$729M
| – | – |
-5,000
| Closed | -$106K |
|
2219
Pinnacle West Capital
PNW
$11.8B
| – | – |
-199,641
| Closed | -$15.2M |
|
2220
Insulet
PODD
$10.1B
| – | – |
-367,427
| Closed | -$74.1M |
|
2221
Pilgrim's Pride
PPC
$7.6B
| – | – |
-15,238
| Closed | -$644K |
|
2222
CALL
Prudential Financial
PRU
$42B
| – | – |
-34,900
| Closed | -$4.09M |
|
|
2223
PUT
Prudential Financial
PRU
$42B
| – | – |
-7,500
| Closed | -$879K |
|
2224
PUT
PTC Therapeutics
PTCT
$5.84B
| – | – |
-94,800
| Closed | -$2.9M |
|
2225
Portillo's
PTLO
$359M
| – | – |
-97,342
| Closed | -$946K |
|
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Steven Cohen's Q3 2024 Portfolio in Review
As of Q3 2024, Steven Cohen held 2,430 positions worth $39.3B, up 3% from $38.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Steven Cohen withdrew a net $1.51B in Q3 2024, closing 499 positions and reducing 496 holdings. Its most notable exit was Amazon, an estimated $577M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Steven Cohen opened a new position in Alphabet (Google) Class A worth $192M.
- Steven Cohen's largest Q3 2024 buy was Alphabet (Google) Class A: 1,159,225 shares worth $192M.
- Steven Cohen added most to Shell in Q3 2024, an estimated $256M increase.
- Steven Cohen's biggest Q3 2024 reduction was Broadcom, cutting an estimated $204M.
- Steven Cohen fully exited Amazon in Q3 2024, selling an estimated $577M.
- Steven Cohen's ten largest holdings make up 20% of its $39.3B portfolio in Q3 2024.
- Steven Cohen opened 642 new positions and closed 499 in Q3 2024.
- Steven Cohen's portfolio value rose 3% quarter-over-quarter to $39.3B.
Based on Point72 Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.